PEBBLEBROOK HOTEL TRUST (PEB) Stock Fundamental Analysis
NYSE:PEB - US70509V1008 - REIT
11.54 USD
+0.53 (+4.81%)
11.54 USD
0 (0%)
We assign a fundamental rating of 2 out of 10 to PEB. PEB was compared to 129 industry peers in the Diversified REITs industry. PEB may be in some trouble as it scores bad on both profitability and health. PEB has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year PEB has reported negative net income.
PEB had a positive operating cash flow in the past year.
PEB had negative earnings in each of the past 5 years.
Of the past 5 years PEB 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of PEB (-1.14%) is worse than 68.99% of its industry peers.
PEB's Return On Equity of -2.44% is on the low side compared to the rest of the industry. PEB is outperformed by 64.34% of its industry peers.
PEB's Return On Invested Capital of 1.19% is on the low side compared to the rest of the industry. PEB is outperformed by 81.40% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PEB is in line with the industry average of 3.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.14% | ||
| ROE | -2.44% | ||
| ROIC | 1.19% |
ROA(3y)-1.6%
ROA(5y)-3.11%
ROE(3y)-3.33%
ROE(5y)-6.09%
ROIC(3y)1.3%
ROIC(5y)N/A
1.3 Margins
PEB has a worse Operating Margin (5.15%) than 85.27% of its industry peers.
PEB's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 33.45%, PEB is doing worse than 86.82% of the companies in the same industry.
In the last couple of years the Gross Margin of PEB has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.15% | ||
| PM (TTM) | N/A | ||
| GM | 33.45% |
OM growth 3YN/A
OM growth 5Y-16.65%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.64%
GM growth 5Y-3.06%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PEB is destroying value.
The number of shares outstanding for PEB has been reduced compared to 1 year ago.
The number of shares outstanding for PEB has been reduced compared to 5 years ago.
PEB has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.17, we must say that PEB is in the distress zone and has some risk of bankruptcy.
PEB has a worse Altman-Z score (0.17) than 69.77% of its industry peers.
PEB has a debt to FCF ratio of 12.03. This is a negative value and a sign of low solvency as PEB would need 12.03 years to pay back of all of its debts.
PEB has a better Debt to FCF ratio (12.03) than 86.82% of its industry peers.
PEB has a Debt/Equity ratio of 0.87. This is a neutral value indicating PEB is somewhat dependend on debt financing.
PEB has a better Debt to Equity ratio (0.87) than 68.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 12.03 | ||
| Altman-Z | 0.17 |
ROIC/WACC0.18
WACC6.49%
2.3 Liquidity
A Current Ratio of 0.62 indicates that PEB may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.62, PEB is doing worse than 72.09% of the companies in the same industry.
PEB has a Quick Ratio of 0.62. This is a bad value and indicates that PEB is not financially healthy enough and could expect problems in meeting its short term obligations.
PEB has a worse Quick ratio (0.62) than 72.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
PEB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 65.69%, which is quite impressive.
The Revenue for PEB has decreased by -16.25% in the past year. This is quite bad
The Revenue has been decreasing by -2.05% on average over the past years.
EPS 1Y (TTM)65.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75%
Revenue 1Y (TTM)-16.25%
Revenue growth 3Y25.63%
Revenue growth 5Y-2.05%
Sales Q2Q%0.74%
3.2 Future
PEB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 44.54% yearly.
The Revenue is expected to grow by 3.28% on average over the next years.
EPS Next Y-302.32%
EPS Next 2Y-75.03%
EPS Next 3Y-23.54%
EPS Next 5Y44.54%
Revenue Next Year1.1%
Revenue Next 2Y1.97%
Revenue Next 3Y2.49%
Revenue Next 5Y3.28%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for PEB. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for PEB. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
78.29% of the companies in the same industry are more expensive than PEB, based on the Enterprise Value to EBITDA ratio.
96.90% of the companies in the same industry are more expensive than PEB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.18 | ||
| EV/EBITDA | 11.13 |
4.3 Compensation for Growth
PEB's earnings are expected to decrease with -23.54% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-75.03%
EPS Next 3Y-23.54%
5. Dividend
5.1 Amount
With a yearly dividend of 0.36%, PEB is not a good candidate for dividend investing.
With a Dividend Yield of 0.36, PEB pays less dividend than the industry average, which is at 6.14. 94.57% of the companies listed in the same industry pay a better dividend than PEB!
Compared to an average S&P500 Dividend Yield of 2.32, PEB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.36% |
5.2 History
The dividend of PEB decreases each year by -23.57%.
PEB has been paying a dividend for at least 10 years, so it has a reliable track record.
PEB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-23.57%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
The earnings of PEB are negative and hence is the payout ratio. PEB will probably not be able to sustain this dividend level.
DP-80.66%
EPS Next 2Y-75.03%
EPS Next 3Y-23.54%
11.54
+0.53 (+4.81%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners121.23%
Inst Owner Change-4.93%
Ins Owners2.22%
Ins Owner Change24.14%
Market Cap1.37B
Analysts54.74
Price Target11.41 (-1.13%)
Short Float %10.85%
Short Ratio5.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.36% |
Yearly Dividend0.43
Dividend Growth(5Y)-23.57%
DP-80.66%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.21%
Min EPS beat(2)-0.99%
Max EPS beat(2)11.41%
EPS beat(4)3
Avg EPS beat(4)1222.12%
Min EPS beat(4)-0.99%
Max EPS beat(4)4852.48%
EPS beat(8)6
Avg EPS beat(8)1080.58%
EPS beat(12)8
Avg EPS beat(12)718.96%
EPS beat(16)10
Avg EPS beat(16)539.63%
Revenue beat(2)2
Avg Revenue beat(2)1.44%
Min Revenue beat(2)1.25%
Max Revenue beat(2)1.64%
Revenue beat(4)4
Avg Revenue beat(4)1.01%
Min Revenue beat(4)0.02%
Max Revenue beat(4)1.64%
Revenue beat(8)7
Avg Revenue beat(8)1.04%
Revenue beat(12)11
Avg Revenue beat(12)1.38%
Revenue beat(16)15
Avg Revenue beat(16)6.63%
PT rev (1m)4.22%
PT rev (3m)3.42%
EPS NQ rev (1m)0%
EPS NQ rev (3m)101.15%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.46%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)13.9%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.93 | ||
| P/FCF | 7.18 | ||
| P/OCF | 4.78 | ||
| P/B | 0.52 | ||
| P/tB | 0.52 | ||
| EV/EBITDA | 11.13 |
EPS(TTM)-0.35
EYN/A
EPS(NY)-0.46
Fwd EYN/A
FCF(TTM)1.61
FCFY13.93%
OCF(TTM)2.41
OCFY20.92%
SpS12.4
BVpS22.25
TBVpS22.25
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.14% | ||
| ROE | -2.44% | ||
| ROCE | 1.51% | ||
| ROIC | 1.19% | ||
| ROICexc | 1.25% | ||
| ROICexgc | 1.25% | ||
| OM | 5.15% | ||
| PM (TTM) | N/A | ||
| GM | 33.45% | ||
| FCFM | 12.97% |
ROA(3y)-1.6%
ROA(5y)-3.11%
ROE(3y)-3.33%
ROE(5y)-6.09%
ROIC(3y)1.3%
ROIC(5y)N/A
ROICexc(3y)1.34%
ROICexc(5y)N/A
ROICexgc(3y)1.34%
ROICexgc(5y)N/A
ROCE(3y)1.65%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-15.61%
ROICexc growth 3YN/A
ROICexc growth 5Y-15.61%
OM growth 3YN/A
OM growth 5Y-16.65%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.64%
GM growth 5Y-3.06%
F-Score5
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 12.03 | ||
| Debt/EBITDA | 7.49 | ||
| Cap/Depr | 41.52% | ||
| Cap/Sales | 6.5% | ||
| Interest Coverage | 0.77 | ||
| Cash Conversion | 93.56% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 0.17 |
F-Score5
WACC6.49%
ROIC/WACC0.18
Cap/Depr(3y)62.73%
Cap/Depr(5y)56.25%
Cap/Sales(3y)10.46%
Cap/Sales(5y)14.21%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)65.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75%
EPS Next Y-302.32%
EPS Next 2Y-75.03%
EPS Next 3Y-23.54%
EPS Next 5Y44.54%
Revenue 1Y (TTM)-16.25%
Revenue growth 3Y25.63%
Revenue growth 5Y-2.05%
Sales Q2Q%0.74%
Revenue Next Year1.1%
Revenue Next 2Y1.97%
Revenue Next 3Y2.49%
Revenue Next 5Y3.28%
EBIT growth 1Y-8.51%
EBIT growth 3YN/A
EBIT growth 5Y-18.36%
EBIT Next Year278.63%
EBIT Next 3Y59.98%
EBIT Next 5Y37.63%
FCF growth 1Y133.45%
FCF growth 3YN/A
FCF growth 5Y-8.24%
OCF growth 1Y11.65%
OCF growth 3Y57.22%
OCF growth 5Y-7%