CLIPPER REALTY INC (CLPR)
US18885T3068 - REIT
CLPR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 20 industry peers in the Residential REITs industry. Both the profitability and financial health of CLPR have multiple concerns. CLPR is valued correctly, but it does not seem to be growing. CLPR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CLPR was profitable.
In the past year CLPR had a positive cash flow from operations.
In the past 5 years CLPR always reported negative net income.
Each year in the past 5 years CLPR had a positive operating cash flow.
1.2 Ratios
The Return On Assets of CLPR (-0.46%) is worse than 65.00% of its industry peers.
CLPR has a Return On Invested Capital of 3.01%. This is in the better half of the industry: CLPR outperforms 65.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CLPR is in line with the industry average of 2.61%.
The last Return On Invested Capital (3.01%) for CLPR is above the 3 year average (1.94%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.46% | ||
| ROE | N/A | ||
| ROIC | 3.01% |
ROA(3y)-0.57%
ROA(5y)-0.46%
ROE(3y)-111.12%
ROE(5y)-70.11%
ROIC(3y)1.94%
ROIC(5y)2.05%
1.3 Margins
CLPR has a better Operating Margin (26.42%) than 70.00% of its industry peers.
In the last couple of years the Operating Margin of CLPR has declined.
Looking at the Gross Margin, with a value of 56.36%, CLPR is doing worse than 65.00% of the companies in the same industry.
CLPR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.42% | ||
| PM (TTM) | N/A | ||
| GM | 56.36% |
OM growth 3Y-2.33%
OM growth 5Y-3.93%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.3%
GM growth 5Y-0.07%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CLPR is destroying value.
CLPR has less shares outstanding than it did 1 year ago.
CLPR has less shares outstanding than it did 5 years ago.
CLPR has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.20, we must say that CLPR is in the distress zone and has some risk of bankruptcy.
CLPR has a worse Altman-Z score (0.20) than 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.2 |
ROIC/WACC0.75
WACC4.03%
2.3 Liquidity
CLPR has a Current Ratio of 0.81. This is a bad value and indicates that CLPR is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.81, CLPR is in line with its industry, outperforming 60.00% of the companies in the same industry.
A Quick Ratio of 0.81 indicates that CLPR may have some problems paying its short term obligations.
CLPR has a better Quick ratio (0.81) than 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
CLPR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 242.22%, which is quite impressive.
The Revenue has grown by 33.01% in the past year. This is a very strong growth!
Measured over the past years, CLPR shows a small growth in Revenue. The Revenue has been growing by 4.67% on average per year.
EPS 1Y (TTM)242.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%357.14%
Revenue 1Y (TTM)33.01%
Revenue growth 3Y3.99%
Revenue growth 5Y4.67%
Sales Q2Q%7.09%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y304%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.49%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.70, the valuation of CLPR can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of CLPR indicates a rather cheap valuation: CLPR is cheaper than 100.00% of the companies listed in the same industry.
CLPR is valuated cheaply when we compare the Price/Earnings ratio to 28.77, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 15.22, which indicates a correct valuation of CLPR.
Based on the Price/Forward Earnings ratio, CLPR is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
CLPR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.38, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.7 | ||
| Fwd PE | 15.22 |
4.2 Price Multiples
CLPR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CLPR is cheaper than 95.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.11 |
4.3 Compensation for Growth
CLPR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
CLPR has a Yearly Dividend Yield of 8.52%, which is a nice return.
Compared to an average industry Dividend Yield of 3.99, CLPR pays a better dividend. On top of this CLPR pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.24, CLPR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.52% |
5.2 History
The dividend of CLPR is nicely growing with an annual growth rate of 23.25%!
CLPR has been paying a dividend for over 5 years, so it has already some track record.
CLPR has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)23.25%
Div Incr Years0
Div Non Decr Years6
5.3 Sustainability
CLPR has negative earnings and hence a negative payout ratio. The dividend may be in danger.
CLPR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-293.59%
EPS Next 2YN/A
EPS Next 3YN/A
CLIPPER REALTY INC
NYSE:CLPR (12/18/2024, 1:20:37 PM)
6.21
+0.02 (+0.32%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap99.86M
Analysts
Price Target
Short Float %
Short Ratio
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.52% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.7 | ||
| Fwd PE | 15.22 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.46% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 26.42% | ||
| PM (TTM) | N/A | ||
| GM | 56.36% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)242.22%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y304%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)33.01%
Revenue growth 3Y3.99%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y