CTO REALTY GROWTH INC (CTO)
US22948Q1013 - REIT
Overall CTO gets a fundamental rating of 4 out of 10. We evaluated CTO against 130 industry peers in the Diversified REITs industry. While CTO is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, CTO is valued expensive at the moment. CTO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CTO had positive earnings in the past year.
In the past year CTO had a positive cash flow from operations.
Of the past 5 years CTO 4 years were profitable.
Each year in the past 5 years CTO had a positive operating cash flow.
1.2 Ratios
The Return On Assets of CTO (1.20%) is comparable to the rest of the industry.
With a Return On Equity value of 2.38%, CTO perfoms like the industry average, outperforming 54.69% of the companies in the same industry.
CTO has a worse Return On Invested Capital (1.84%) than 71.09% of its industry peers.
CTO had an Average Return On Invested Capital over the past 3 years of 1.86%. This is in line with the industry average of 3.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.2% | ||
| ROE | 2.38% | ||
| ROIC | 1.84% |
ROA(3y)1.23%
ROA(5y)6.36%
ROE(3y)2.09%
ROE(5y)13.78%
ROIC(3y)1.86%
ROIC(5y)1.72%
1.3 Margins
CTO has a better Profit Margin (11.94%) than 60.16% of its industry peers.
CTO's Profit Margin has declined in the last couple of years.
The Operating Margin of CTO (19.90%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CTO has declined.
Looking at the Gross Margin, with a value of 72.62%, CTO is in the better half of the industry, outperforming 64.06% of the companies in the same industry.
CTO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.9% | ||
| PM (TTM) | 11.94% | ||
| GM | 72.62% |
OM growth 3Y0.2%
OM growth 5Y-2.57%
PM growth 3Y-82.91%
PM growth 5Y-61.78%
GM growth 3Y-0.31%
GM growth 5Y-1.98%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CTO is destroying value.
The number of shares outstanding for CTO has been reduced compared to 1 year ago.
CTO has more shares outstanding than it did 5 years ago.
CTO has a worse debt/assets ratio than last year.
2.2 Solvency
CTO has an Altman-Z score of 1.07. This is a bad value and indicates that CTO is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of CTO (1.07) is better than 76.56% of its industry peers.
A Debt/Equity ratio of 0.88 indicates that CTO is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.88, CTO is in the better half of the industry, outperforming 66.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.07 |
ROIC/WACC0.27
WACC6.95%
2.3 Liquidity
A Current Ratio of 0.66 indicates that CTO may have some problems paying its short term obligations.
CTO has a Current ratio of 0.66. This is in the lower half of the industry: CTO underperforms 78.13% of its industry peers.
CTO has a Quick Ratio of 0.66. This is a bad value and indicates that CTO is not financially healthy enough and could expect problems in meeting its short term obligations.
CTO's Quick ratio of 0.65 is on the low side compared to the rest of the industry. CTO is outperformed by 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
CTO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 234.09%, which is quite impressive.
The earnings per share for CTO have been decreasing by -59.47% on average. This is quite bad
CTO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.60%.
CTO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.11% yearly.
EPS 1Y (TTM)234.09%
EPS 3Y-85.16%
EPS 5Y-59.47%
EPS Q2Q%142.86%
Revenue 1Y (TTM)16.6%
Revenue growth 3Y24.62%
Revenue growth 5Y20.11%
Sales Q2Q%11.71%
3.2 Future
The Earnings Per Share is expected to decrease by -87.06% on average over the next years. This is quite bad
CTO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.01% yearly.
EPS Next Y943.68%
EPS Next 2Y135.69%
EPS Next 3Y-87.06%
EPS Next 5YN/A
Revenue Next Year15.43%
Revenue Next 2Y14.27%
Revenue Next 3Y9.01%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CTO is valuated quite expensively with a Price/Earnings ratio of 33.00.
60.94% of the companies in the same industry are more expensive than CTO, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.73, CTO is valued at the same level.
The Price/Forward Earnings ratio is 175.25, which means the current valuation is very expensive for CTO.
CTO's Price/Forward Earnings ratio is in line with the industry average.
CTO's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33 | ||
| Fwd PE | 175.25 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CTO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.58 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A cheap valuation may be justified as CTO's earnings are expected to decrease with -87.06% in the coming years.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y135.69%
EPS Next 3Y-87.06%
5. Dividend
5.1 Amount
CTO has a Yearly Dividend Yield of 7.83%, which is a nice return.
CTO's Dividend Yield is rather good when compared to the industry average which is at 15.49. CTO pays more dividend than 85.16% of the companies in the same industry.
CTO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.83% |
5.2 History
The dividend of CTO is nicely growing with an annual growth rate of 88.05%!
CTO has paid a dividend for at least 10 years, which is a reliable track record.
CTO has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)88.05%
Div Incr Years13
Div Non Decr Years13
5.3 Sustainability
CTO pays out 303.42% of its income as dividend. This is not a sustainable payout ratio.
CTO's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP303.42%
EPS Next 2Y135.69%
EPS Next 3Y-87.06%
CTO REALTY GROWTH INC
NYSE:CTO (12/20/2024, 8:04:20 PM)
After market: 19.47 0 (0%)19.47
+0.05 (+0.26%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners62.18%
Inst Owner Change37.55%
Ins Owners4.57%
Ins Owner Change-1.45%
Market Cap583.71M
Analysts85.45
Price Target22.66 (16.38%)
Short Float %5.05%
Short Ratio3.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.83% |
Dividend Growth(5Y)88.05%
DP303.42%
Div Incr Years13
Div Non Decr Years13
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)411.88%
Min EPS beat(2)50.5%
Max EPS beat(2)773.27%
EPS beat(4)4
Avg EPS beat(4)501.56%
Min EPS beat(4)50.5%
Max EPS beat(4)892.08%
EPS beat(8)6
Avg EPS beat(8)-286.6%
EPS beat(12)8
Avg EPS beat(12)-140.55%
EPS beat(16)11
Avg EPS beat(16)114.25%
Revenue beat(2)2
Avg Revenue beat(2)4.04%
Min Revenue beat(2)3.89%
Max Revenue beat(2)4.19%
Revenue beat(4)3
Avg Revenue beat(4)3.36%
Min Revenue beat(4)-6.9%
Max Revenue beat(4)12.27%
Revenue beat(8)7
Avg Revenue beat(8)5.52%
Revenue beat(12)11
Avg Revenue beat(12)9.89%
Revenue beat(16)14
Avg Revenue beat(16)9.05%
PT rev (1m)4.13%
PT rev (3m)7.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)105.13%
EPS NY rev (1m)0%
EPS NY rev (3m)264.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)21.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33 | ||
| Fwd PE | 175.25 | ||
| P/S | 4.92 | ||
| P/FCF | N/A | ||
| P/OCF | 11.16 | ||
| P/B | 0.98 | ||
| P/tB | 1.2 | ||
| EV/EBITDA | 15.58 |
EPS(TTM)0.59
EY3.03%
EPS(NY)0.11
Fwd EY0.57%
FCF(TTM)-5.57
FCFYN/A
OCF(TTM)1.74
OCFY8.96%
SpS3.96
BVpS19.87
TBVpS16.28
PEG (NY)0.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.2% | ||
| ROE | 2.38% | ||
| ROCE | 2.04% | ||
| ROIC | 1.84% | ||
| ROICexc | 1.86% | ||
| ROICexgc | 2.1% | ||
| OM | 19.9% | ||
| PM (TTM) | 11.94% | ||
| GM | 72.62% | ||
| FCFM | N/A |
ROA(3y)1.23%
ROA(5y)6.36%
ROE(3y)2.09%
ROE(5y)13.78%
ROIC(3y)1.86%
ROIC(5y)1.72%
ROICexc(3y)1.88%
ROICexc(5y)1.74%
ROICexgc(3y)2.2%
ROICexgc(5y)1.99%
ROCE(3y)2.06%
ROCE(5y)1.91%
ROICexcg growth 3Y11.11%
ROICexcg growth 5Y5.23%
ROICexc growth 3Y9.76%
ROICexc growth 5Y4.53%
OM growth 3Y0.2%
OM growth 5Y-2.57%
PM growth 3Y-82.91%
PM growth 5Y-61.78%
GM growth 3Y-0.31%
GM growth 5Y-1.98%
F-Score8
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.45 | ||
| Cap/Depr | 466.06% | ||
| Cap/Sales | 184.85% | ||
| Interest Coverage | 1.07 | ||
| Cash Conversion | 74.01% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 1.07 |
F-Score8
WACC6.95%
ROIC/WACC0.27
Cap/Depr(3y)855.53%
Cap/Depr(5y)880.17%
Cap/Sales(3y)280.18%
Cap/Sales(5y)294.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)234.09%
EPS 3Y-85.16%
EPS 5Y-59.47%
EPS Q2Q%142.86%
EPS Next Y943.68%
EPS Next 2Y135.69%
EPS Next 3Y-87.06%
EPS Next 5YN/A
Revenue 1Y (TTM)16.6%
Revenue growth 3Y24.62%
Revenue growth 5Y20.11%
Sales Q2Q%11.71%
Revenue Next Year15.43%
Revenue Next 2Y14.27%
Revenue Next 3Y9.01%
Revenue Next 5YN/A
EBIT growth 1Y36.16%
EBIT growth 3Y24.86%
EBIT growth 5Y17.02%
EBIT Next Year244.5%
EBIT Next 3Y59.14%
EBIT Next 5YN/A
FCF growth 1Y18.18%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y6.11%
OCF growth 3Y39.96%
OCF growth 5Y-0.59%