LADDER CAPITAL CORP-REIT (LADR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LADR - US5057431042 - REIT
11.31 USD
+0.02 (+0.18%)
11.31 USD
0 (0%)
Taking everything into account, LADR scores 4 out of 10 in our fundamental rating. LADR was compared to 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. There are concerns on the financial health of LADR while its profitability can be described as average. 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.
In the past year LADR has reported a negative cash flow from operations.
Of the past 5 years LADR 4 years were profitable.
In the past 5 years LADR always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of LADR (1.70%) is better than 94.12% of its industry peers.
LADR has a Return On Equity of 5.33%. This is in the better half of the industry: LADR outperforms 72.06% of its industry peers.
LADR has a better Return On Invested Capital (1.46%) than 86.76% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LADR is in line with the industry average of 1.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.7% | ||
| ROE | 5.33% | ||
| ROIC | 1.46% |
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
LADR has a Profit Margin of 19.27%. This is amongst the best in the industry. LADR outperforms 85.29% of its industry peers.
In the last couple of years the Profit Margin of LADR has declined.
LADR's Operating Margin of 20.45% is fine compared to the rest of the industry. LADR outperforms 73.53% of its industry peers.
LADR's Operating Margin has declined in the last couple of years.
LADR has a Gross Margin of 56.45%. This is amongst the best in 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 | 20.45% | ||
| PM (TTM) | 19.27% | ||
| GM | 56.45% |
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.
LADR has more shares outstanding than it did 5 years ago.
LADR has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.33, we must say that LADR is in the distress zone and has some risk of bankruptcy.
LADR's Altman-Z score of 0.33 is amongst the best of the industry. LADR outperforms 86.76% of its industry peers.
A Debt/Equity ratio of 2.00 is on the high side and indicates that LADR has dependencies on debt financing.
LADR has a Debt to Equity ratio of 2.00. This is amongst the best in the industry. LADR outperforms 83.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.33 |
ROIC/WACC0.25
WACC5.89%
2.3 Liquidity
A Current Ratio of 0.63 indicates that LADR may have some problems paying its short term obligations.
LADR has a Current ratio of 0.63. This is in the better half of the industry: LADR outperforms 66.18% of its industry peers.
A Quick Ratio of 0.63 indicates that LADR may have some problems paying its short term obligations.
LADR has a better Quick ratio (0.63) than 66.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The earnings per share for LADR have decreased strongly by -24.60% in the last year.
The Earnings Per Share has been decreasing by -5.55% on average over the past years.
Looking at the last year, LADR shows a very negative growth in Revenue. The Revenue has decreased by -18.66% in the last year.
The Revenue has been decreasing by -0.03% on average over the past years.
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
The Earnings Per Share is expected to grow by 5.17% on average over the next years.
LADR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.21% yearly.
EPS Next Y-22.24%
EPS Next 2Y-4.47%
EPS Next 3Y5.17%
EPS Next 5YN/A
Revenue Next Year-28%
Revenue Next 2Y-12.31%
Revenue Next 3Y-2.21%
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 accelerating.
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
Based on the Price/Earnings ratio of 11.91, the valuation of LADR can be described as reasonable.
Based on the Price/Earnings ratio, LADR is valued a bit cheaper than 63.24% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.77, LADR is valued rather cheaply.
The Price/Forward Earnings ratio is 10.24, which indicates a very decent valuation of LADR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LADR is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 23.35. LADR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.91 | ||
| Fwd PE | 10.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LADR is valued cheaply inside the industry as 91.18% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 37.92 |
4.3 Compensation for Growth
LADR has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.47%
EPS Next 3Y5.17%
5. Dividend
5.1 Amount
LADR has a Yearly Dividend Yield of 8.11%, which is a nice return.
With a Dividend Yield of 8.11, LADR pays less dividend than the industry average, which is at 10.99. 94.12% of the companies listed in the same industry pay a better dividend than LADR!
Compared to an average S&P500 Dividend Yield of 2.00, LADR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.11% |
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 147.45% of its income as dividend. This is not a sustainable payout ratio.
DP147.45%
EPS Next 2Y-4.47%
EPS Next 3Y5.17%
11.31
+0.02 (+0.18%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners63.24%
Inst Owner Change-1.31%
Ins Owners11.72%
Ins Owner Change-1.92%
Market Cap1.44B
Revenue(TTM)413.45M
Net Income(TTM)79.68M
Analysts83.64
Price Target12.85 (13.62%)
Short Float %1.88%
Short Ratio2.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.11% |
Yearly Dividend0.93
Dividend Growth(5Y)-6.35%
DP147.45%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.57%
Min EPS beat(2)1.72%
Max EPS beat(2)5.42%
EPS beat(4)2
Avg EPS beat(4)-2.55%
Min EPS beat(4)-11.87%
Max EPS beat(4)5.42%
EPS beat(8)6
Avg EPS beat(8)2.6%
EPS beat(12)10
Avg EPS beat(12)4.55%
EPS beat(16)14
Avg EPS beat(16)10.45%
Revenue beat(2)1
Avg Revenue beat(2)8.63%
Min Revenue beat(2)-0.4%
Max Revenue beat(2)17.66%
Revenue beat(4)1
Avg Revenue beat(4)2.03%
Min Revenue beat(4)-6.48%
Max Revenue beat(4)17.66%
Revenue beat(8)3
Avg Revenue beat(8)2.11%
Revenue beat(12)6
Avg Revenue beat(12)11.79%
Revenue beat(16)10
Avg Revenue beat(16)32.89%
PT rev (1m)0%
PT rev (3m)-1.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.67%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.89%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.91 | ||
| Fwd PE | 10.24 | ||
| P/S | 3.48 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.96 | ||
| P/tB | 1 | ||
| EV/EBITDA | 37.92 |
EPS(TTM)0.95
EY8.4%
EPS(NY)1.1
Fwd EY9.76%
FCF(TTM)-0.15
FCFYN/A
OCF(TTM)-0.15
OCFYN/A
SpS3.25
BVpS11.75
TBVpS11.32
PEG (NY)N/A
PEG (5Y)N/A
Graham Number15.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.7% | ||
| ROE | 5.33% | ||
| ROCE | 1.84% | ||
| ROIC | 1.46% | ||
| ROICexc | 1.47% | ||
| ROICexgc | 1.5% | ||
| OM | 20.45% | ||
| PM (TTM) | 19.27% | ||
| GM | 56.45% | ||
| FCFM | N/A |
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-Score4
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 25.92 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 0.33 |
F-Score4
WACC5.89%
ROIC/WACC0.25
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-22.24%
EPS Next 2Y-4.47%
EPS Next 3Y5.17%
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-28%
Revenue Next 2Y-12.31%
Revenue Next 3Y-2.21%
Revenue Next 5YN/A
EBIT growth 1Y-11.81%
EBIT growth 3Y24.19%
EBIT growth 5Y-4.86%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-110.45%
FCF growth 3Y31.27%
FCF growth 5Y-3.85%
OCF growth 1Y-110.45%
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 4 / 10 to LADR.
What is the valuation status of LADDER CAPITAL CORP-REIT (LADR) stock?
ChartMill assigns a valuation rating of 5 / 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 6 / 10.
What is the financial health of LADDER CAPITAL CORP-REIT (LADR) stock?
The financial health rating of LADDER CAPITAL CORP-REIT (LADR) is 3 / 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 -22.24% in the next year.