LADDER CAPITAL CORP-REIT (LADR) Stock Fundamental Analysis
USA - NYSE:LADR - US5057431042 - REIT
10.59 USD
+0.02 (+0.19%)
10.62 USD
+0.03 (+0.28%)
LADR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. While LADR has a great profitability rating, there are some minor concerns on its financial health. LADR has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
LADR had positive earnings in the past year.
LADR had a positive operating cash flow in the past year.
LADR had positive earnings in 4 of the past 5 years.
LADR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
LADR's Return On Assets of 1.98% is amongst the best of the industry. LADR outperforms 94.12% of its industry peers.
LADR has a better Return On Equity (5.88%) than 91.18% of its industry peers.
LADR has a better Return On Invested Capital (1.68%) than 89.71% of its industry peers.
LADR had an Average Return On Invested Capital over the past 3 years of 1.84%. This is in line with the industry average of 1.19%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.98% | ||
| ROE | 5.88% | ||
| ROIC | 1.68% |
ROA(3y)2.15%
ROA(5y)1.44%
ROE(3y)7.64%
ROE(5y)5.15%
ROIC(3y)1.84%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 20.07%, LADR belongs to the top of the industry, outperforming 89.71% of the companies in the same industry.
LADR's Profit Margin has declined in the last couple of years.
LADR's Operating Margin of 21.06% is amongst the best of the industry. LADR outperforms 86.76% of its industry peers.
In the last couple of years the Operating Margin of LADR has declined.
LADR's Gross Margin of 56.02% is amongst the best of the industry. LADR outperforms 88.24% of its industry peers.
In the last couple of years the Gross Margin of LADR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.06% | ||
| PM (TTM) | 20.07% | ||
| GM | 56.02% |
OM growth 3Y10.59%
OM growth 5Y-4.83%
PM growth 3Y10.61%
PM growth 5Y-2.43%
GM growth 3Y4.81%
GM growth 5Y-1.18%
2. Health
2.1 Basic Checks
LADR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
LADR has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for LADR has been increased compared to 5 years ago.
Compared to 1 year ago, LADR has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.38, we must say that LADR is in the distress zone and has some risk of bankruptcy.
LADR has a better Altman-Z score (0.38) than 86.76% of its industry peers.
The Debt to FCF ratio of LADR is 22.41, which is on the high side as it means it would take LADR, 22.41 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 22.41, LADR belongs to the best of the industry, outperforming 95.59% of the companies in the same industry.
LADR has a Debt/Equity ratio of 1.85. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of LADR (1.85) is better than 83.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.85 | ||
| Debt/FCF | 22.41 | ||
| Altman-Z | 0.38 |
ROIC/WACC0.28
WACC5.94%
2.3 Liquidity
A Current Ratio of 1.45 indicates that LADR should not have too much problems paying its short term obligations.
With an excellent Current ratio value of 1.45, LADR belongs to the best of the industry, outperforming 91.18% of the companies in the same industry.
LADR has a Quick Ratio of 1.45. This is a normal value and indicates that LADR is financially healthy and should not expect problems in meeting its short term obligations.
LADR has a better Quick ratio (1.45) than 91.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.45 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
The earnings per share for LADR have decreased strongly by -24.60% in the last year.
Measured over the past years, LADR shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.55% on average per year.
The Revenue for LADR has decreased by -18.66% in the past year. This is quite bad
LADR shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.03% yearly.
EPS 1Y (TTM)-24.6%
EPS 3Y35.16%
EPS 5Y-5.55%
EPS Q2Q%-16.67%
Revenue 1Y (TTM)-18.66%
Revenue growth 3Y12.29%
Revenue growth 5Y-0.03%
Sales Q2Q%-25.31%
3.2 Future
LADR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.68% yearly.
LADR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.69% yearly.
EPS Next Y-22.45%
EPS Next 2Y-1.54%
EPS Next 3Y5.68%
EPS Next 5YN/A
Revenue Next Year-27.92%
Revenue Next 2Y-11.53%
Revenue Next 3Y5.69%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 11.15, the valuation of LADR can be described as reasonable.
Based on the Price/Earnings ratio, LADR is valued a bit cheaper than 64.71% of the companies in the same industry.
LADR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.51.
The Price/Forward Earnings ratio is 9.03, which indicates a very decent valuation of LADR.
61.76% of the companies in the same industry are more expensive than LADR, based on the Price/Forward Earnings ratio.
LADR is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.53, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.15 | ||
| Fwd PE | 9.03 |
4.2 Price Multiples
94.12% of the companies in the same industry are more expensive than LADR, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LADR indicates a somewhat cheap valuation: LADR is cheaper than 70.59% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.87 | ||
| EV/EBITDA | 32.28 |
4.3 Compensation for Growth
The decent profitability rating of LADR may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.54%
EPS Next 3Y5.68%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.68%, LADR is a good candidate for dividend investing.
With a Dividend Yield of 8.68, LADR pays less dividend than the industry average, which is at 12.83. 86.76% of the companies listed in the same industry pay a better dividend than LADR!
Compared to an average S&P500 Dividend Yield of 2.38, LADR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.68% |
5.2 History
The dividend of LADR decreases each year by -6.35%.
LADR has been paying a dividend for at least 10 years, so it has a reliable track record.
LADR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-6.35%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
LADR pays out 132.98% of its income as dividend. This is not a sustainable payout ratio.
DP132.98%
EPS Next 2Y-1.54%
EPS Next 3Y5.68%
10.59
+0.02 (+0.19%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners63.4%
Inst Owner Change-0.59%
Ins Owners11.72%
Ins Owner Change-1.92%
Market Cap1.35B
Revenue(TTM)413.45M
Net Income(TTM)88.40M
Analysts83.33
Price Target12.85 (21.34%)
Short Float %1.52%
Short Ratio2.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.68% |
Yearly Dividend0.93
Dividend Growth(5Y)-6.35%
DP132.98%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.08%
Min EPS beat(2)-11.87%
Max EPS beat(2)1.72%
EPS beat(4)2
Avg EPS beat(4)-1.16%
Min EPS beat(4)-11.87%
Max EPS beat(4)10.99%
EPS beat(8)6
Avg EPS beat(8)2.3%
EPS beat(12)10
Avg EPS beat(12)4.88%
EPS beat(16)14
Avg EPS beat(16)12.61%
Revenue beat(2)0
Avg Revenue beat(2)-1.54%
Min Revenue beat(2)-2.68%
Max Revenue beat(2)-0.4%
Revenue beat(4)1
Avg Revenue beat(4)0.46%
Min Revenue beat(4)-6.48%
Max Revenue beat(4)11.4%
Revenue beat(8)2
Avg Revenue beat(8)-0.31%
Revenue beat(12)6
Avg Revenue beat(12)15.89%
Revenue beat(16)10
Avg Revenue beat(16)39.13%
PT rev (1m)-1.82%
PT rev (3m)-1.18%
EPS NQ rev (1m)-3.93%
EPS NQ rev (3m)-1.76%
EPS NY rev (1m)-3.16%
EPS NY rev (3m)-2.3%
Revenue NQ rev (1m)-9.58%
Revenue NQ rev (3m)-8.32%
Revenue NY rev (1m)-4.32%
Revenue NY rev (3m)1.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.15 | ||
| Fwd PE | 9.03 | ||
| P/S | 3.06 | ||
| P/FCF | 10.87 | ||
| P/OCF | 10.87 | ||
| P/B | 0.9 | ||
| P/tB | 0.93 | ||
| EV/EBITDA | 32.28 |
EPS(TTM)0.95
EY8.97%
EPS(NY)1.17
Fwd EY11.08%
FCF(TTM)0.97
FCFY9.2%
OCF(TTM)0.97
OCFY9.2%
SpS3.46
BVpS11.79
TBVpS11.37
PEG (NY)N/A
PEG (5Y)N/A
Graham Number15.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.98% | ||
| ROE | 5.88% | ||
| ROCE | 2.13% | ||
| ROIC | 1.68% | ||
| ROICexc | 1.74% | ||
| ROICexgc | 1.77% | ||
| OM | 21.06% | ||
| PM (TTM) | 20.07% | ||
| GM | 56.02% | ||
| FCFM | 28.19% |
ROA(3y)2.15%
ROA(5y)1.44%
ROE(3y)7.64%
ROE(5y)5.15%
ROIC(3y)1.84%
ROIC(5y)N/A
ROICexc(3y)2.28%
ROICexc(5y)N/A
ROICexgc(3y)2.37%
ROICexgc(5y)N/A
ROCE(3y)2.33%
ROCE(5y)N/A
ROICexgc growth 3Y44.8%
ROICexgc growth 5Y9.08%
ROICexc growth 3Y43.44%
ROICexc growth 5Y8.32%
OM growth 3Y10.59%
OM growth 5Y-4.83%
PM growth 3Y10.61%
PM growth 5Y-2.43%
GM growth 3Y4.81%
GM growth 5Y-1.18%
F-Score7
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.85 | ||
| Debt/FCF | 22.41 | ||
| Debt/EBITDA | 22.49 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 100.36% | ||
| Profit Quality | 140.5% | ||
| Current Ratio | 1.45 | ||
| Quick Ratio | 1.45 | ||
| Altman-Z | 0.38 |
F-Score7
WACC5.94%
ROIC/WACC0.28
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)125.78%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-24.6%
EPS 3Y35.16%
EPS 5Y-5.55%
EPS Q2Q%-16.67%
EPS Next Y-22.45%
EPS Next 2Y-1.54%
EPS Next 3Y5.68%
EPS Next 5YN/A
Revenue 1Y (TTM)-18.66%
Revenue growth 3Y12.29%
Revenue growth 5Y-0.03%
Sales Q2Q%-25.31%
Revenue Next Year-27.92%
Revenue Next 2Y-11.53%
Revenue Next 3Y5.69%
Revenue Next 5YN/A
EBIT growth 1Y-8.01%
EBIT growth 3Y24.19%
EBIT growth 5Y-4.86%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-9.27%
FCF growth 3Y31.27%
FCF growth 5Y-3.85%
OCF growth 1Y-9.27%
OCF growth 3Y18.89%
OCF growth 5Y-6.07%
LADDER CAPITAL CORP-REIT / LADR FAQ
Can you provide the ChartMill fundamental rating for LADDER CAPITAL CORP-REIT?
ChartMill assigns a fundamental rating of 6 / 10 to LADR.
What is the valuation status of LADDER CAPITAL CORP-REIT (LADR) stock?
ChartMill assigns a valuation rating of 6 / 10 to LADDER CAPITAL CORP-REIT (LADR). This can be considered as Fairly Valued.
How profitable is LADDER CAPITAL CORP-REIT (LADR) stock?
LADDER CAPITAL CORP-REIT (LADR) has a profitability rating of 7 / 10.
What is the financial health of LADDER CAPITAL CORP-REIT (LADR) stock?
The financial health rating of LADDER CAPITAL CORP-REIT (LADR) is 6 / 10.
What is the expected EPS growth for LADDER CAPITAL CORP-REIT (LADR) stock?
The Earnings per Share (EPS) of LADDER CAPITAL CORP-REIT (LADR) is expected to decline by -22.45% in the next year.