PEBBLEBROOK HOTEL TRUST (PEB) Stock Fundamental Analysis
USA - NYSE:PEB - US70509V1008 - REIT
11.41 USD
-0.09 (-0.78%)
11.23 USD
-0.18 (-1.58%)
Taking everything into account, PEB scores 2 out of 10 in our fundamental rating. PEB was compared to 130 industry peers in the Diversified REITs industry. PEB may be in some trouble as it scores bad on both profitability and health. PEB is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year PEB has reported negative net income.
In the past year PEB had a positive cash flow from operations.
PEB had negative earnings in each of the past 5 years.
PEB had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of -1.14%, PEB is not doing good in the industry: 68.46% of the companies in the same industry are doing better.
The Return On Equity of PEB (-2.44%) is worse than 63.85% of its industry peers.
PEB has a worse Return On Invested Capital (1.19%) than 81.54% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PEB is in line with the industry average of 3.05%.
| 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
Looking at the Operating Margin, with a value of 5.15%, PEB is doing worse than 85.38% of the companies in the same industry.
PEB's Operating Margin has declined in the last couple of years.
PEB has a worse Gross Margin (33.45%) than 86.92% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PEB is destroying value.
Compared to 1 year ago, PEB has less shares outstanding
PEB has less shares outstanding than it did 5 years ago.
PEB has a better debt/assets ratio than last year.
2.2 Solvency
PEB has an Altman-Z score of 0.17. This is a bad value and indicates that PEB is not financially healthy and even has some risk of bankruptcy.
PEB has a Altman-Z score of 0.17. This is in the lower half of the industry: PEB underperforms 69.23% of its industry peers.
The Debt to FCF ratio of PEB is 12.03, which is on the high side as it means it would take PEB, 12.03 years of fcf income to pay off all of its debts.
PEB has a Debt to FCF ratio of 12.03. This is amongst the best in the industry. PEB outperforms 86.92% of its industry peers.
A Debt/Equity ratio of 0.87 indicates that PEB is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.87, PEB is doing good in the industry, outperforming 68.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 12.03 | ||
| Altman-Z | 0.17 |
ROIC/WACC0.18
WACC6.46%
2.3 Liquidity
A Current Ratio of 0.62 indicates that PEB may have some problems paying its short term obligations.
PEB has a worse Current ratio (0.62) than 72.31% of its industry peers.
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.
Looking at the Quick ratio, with a value of 0.62, PEB is doing worse than 72.31% of the companies in the same industry.
| 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 68.18%, 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)68.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-62.5%
Revenue 1Y (TTM)-16.25%
Revenue growth 3Y25.63%
Revenue growth 5Y-2.05%
Sales Q2Q%0.74%
3.2 Future
The Earnings Per Share is expected to grow by 36.91% on average over the next years. This is a very strong growth
PEB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.28% yearly.
EPS Next Y-162.38%
EPS Next 2Y-41.35%
EPS Next 3Y-7.13%
EPS Next 5Y36.91%
Revenue Next Year1.64%
Revenue Next 2Y2.3%
Revenue Next 3Y2.51%
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
Based on the Enterprise Value to EBITDA ratio, PEB is valued a bit cheaper than the industry average as 79.23% of the companies are valued more expensively.
PEB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PEB is cheaper than 96.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.1 | ||
| EV/EBITDA | 11.08 |
4.3 Compensation for Growth
A cheap valuation may be justified as PEB's earnings are expected to decrease with -7.13% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-41.35%
EPS Next 3Y-7.13%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.56%, PEB is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.58, PEB pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, PEB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.56% |
5.2 History
The dividend of PEB decreases each year by -23.57%.
PEB has paid a dividend for at least 10 years, which is 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-41.35%
EPS Next 3Y-7.13%
11.41
-0.09 (-0.78%)
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 Change18.76%
Market Cap1.35B
Analysts54.74
Price Target11.68 (2.37%)
Short Float %11.79%
Short Ratio6.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.56% |
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)490.86%
EPS beat(12)8
Avg EPS beat(12)325.81%
EPS beat(16)10
Avg EPS beat(16)244.77%
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)1.17%
Revenue beat(12)11
Avg Revenue beat(12)1.46%
Revenue beat(16)15
Avg Revenue beat(16)6.69%
PT rev (1m)2.44%
PT rev (3m)9.31%
EPS NQ rev (1m)-300.3%
EPS NQ rev (3m)-100.3%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.7%
Revenue NQ rev (1m)-0.81%
Revenue NQ rev (3m)-1.59%
Revenue NY rev (1m)0.54%
Revenue NY rev (3m)0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.92 | ||
| P/FCF | 7.1 | ||
| P/OCF | 4.73 | ||
| P/B | 0.51 | ||
| P/tB | 0.51 | ||
| EV/EBITDA | 11.08 |
EPS(TTM)-0.35
EYN/A
EPS(NY)-0.46
Fwd EYN/A
FCF(TTM)1.61
FCFY14.09%
OCF(TTM)2.41
OCFY21.16%
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
WACC6.46%
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)68.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-62.5%
EPS Next Y-162.38%
EPS Next 2Y-41.35%
EPS Next 3Y-7.13%
EPS Next 5Y36.91%
Revenue 1Y (TTM)-16.25%
Revenue growth 3Y25.63%
Revenue growth 5Y-2.05%
Sales Q2Q%0.74%
Revenue Next Year1.64%
Revenue Next 2Y2.3%
Revenue Next 3Y2.51%
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%