LADDER CAPITAL CORP-REIT (LADR) Stock Fundamental Analysis
NYSE:LADR - New York Stock Exchange, Inc. - US5057431042 - REIT - Currency: USD
Taking everything into account, LADR scores 5 out of 10 in our fundamental rating. LADR was compared to 64 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. LADR has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. LADR has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year LADR was profitable.
In the past year LADR had a positive cash flow from operations.
LADR had positive earnings in 4 of the past 5 years.
In the past 5 years LADR always reported a positive cash flow from operatings.
1.2 Ratios
LADR's Return On Assets of 2.23% is amongst the best of the industry. LADR outperforms 92.19% of its industry peers.
LADR has a Return On Equity of 7.05%. This is in the better half of the industry: LADR outperforms 67.19% of its industry peers.
LADR has a better Return On Invested Capital (1.85%) than 90.63% 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 1.57%.
The last Return On Invested Capital (1.85%) for LADR is above the 3 year average (1.84%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.23% | ||
| ROE | 7.05% | ||
| ROIC | 1.85% |
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's Profit Margin of 21.37% is fine compared to the rest of the industry. LADR outperforms 75.00% of its industry peers.
In the last couple of years the Profit Margin of LADR has declined.
With a decent Operating Margin value of 21.85%, LADR is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Operating Margin of LADR has declined.
The Gross Margin of LADR (56.27%) is better than 90.63% 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 | 21.85% | ||
| PM (TTM) | 21.37% | ||
| GM | 56.27% |
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.
Compared to 5 years ago, LADR has more shares outstanding
Compared to 1 year ago, LADR has an improved debt to assets ratio.
2.2 Solvency
LADR has an Altman-Z score of 0.69. This is a bad value and indicates that LADR is not financially healthy and even has some risk of bankruptcy.
LADR's Altman-Z score of 0.69 is amongst the best of the industry. LADR outperforms 84.38% of its industry peers.
The Debt to FCF ratio of LADR is 23.41, which is on the high side as it means it would take LADR, 23.41 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 23.41, LADR belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
LADR has a Debt/Equity ratio of 2.04. This is a high value indicating a heavy dependency on external financing.
LADR has a Debt to Equity ratio of 2.04. This is amongst the best in the industry. LADR outperforms 82.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.04 | ||
| Debt/FCF | 23.41 | ||
| Altman-Z | 0.69 |
ROIC/WACC0.3
WACC6.27%
2.3 Liquidity
LADR has a Current Ratio of 10.73. This indicates that LADR is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 10.73, LADR belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
A Quick Ratio of 10.73 indicates that LADR has no problem at all paying its short term obligations.
LADR has a better Quick ratio (10.73) than 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 10.73 | ||
| Quick Ratio | 10.73 |
3. Growth
3.1 Past
The earnings per share for LADR have decreased by -9.70% in the last year.
LADR shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.55% yearly.
Looking at the last year, LADR shows a decrease in Revenue. The Revenue has decreased by -3.25% in the last year.
Measured over the past years, LADR shows a decrease in Revenue. The Revenue has been decreasing by -0.03% on average per year.
EPS 1Y (TTM)-9.7%
EPS 3Y35.16%
EPS 5Y-5.55%
EPS Q2Q%-15.62%
Revenue 1Y (TTM)-3.25%
Revenue growth 3Y12.29%
Revenue growth 5Y-0.03%
Sales Q2Q%-22.34%
3.2 Future
LADR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.24% yearly.
The Revenue is expected to decrease by -6.83% on average over the next years.
EPS Next Y-2.21%
EPS Next 2Y2.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-19.97%
Revenue Next 2Y-6.83%
Revenue Next 3YN/A
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.
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 9.64, the valuation of LADR can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of LADR indicates a somewhat cheap valuation: LADR is cheaper than 71.88% of the companies listed in the same industry.
LADR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.62.
With a Price/Forward Earnings ratio of 9.86, the valuation of LADR can be described as very reasonable.
LADR's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of LADR to the average of the S&P500 Index (22.70), we can say LADR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.64 | ||
| Fwd PE | 9.86 |
4.2 Price Multiples
LADR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. LADR is cheaper than 93.75% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LADR indicates a somewhat cheap valuation: LADR is cheaper than 64.06% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.07 | ||
| EV/EBITDA | 22.95 |
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 2Y2.24%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.89%, LADR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 12.91, LADR's dividend is way lower than its industry peers. On top of this 95.31% of the companies listed in the same industry pay a better dividend than LADR!
Compared to an average S&P500 Dividend Yield of 2.27, LADR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.89% |
5.2 History
The dividend of LADR decreases each year by -6.35%.
LADR has paid a dividend for at least 10 years, which is a reliable track record.
LADR has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-6.35%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
LADR pays out 108.73% of its income as dividend. This is not a sustainable payout ratio.
DP108.73%
EPS Next 2Y2.24%
EPS Next 3YN/A
NYSE:LADR (2/24/2025, 2:10:04 PM)
11.665
+0.09 (+0.82%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners63.99%
Inst Owner Change-85.07%
Ins Owners8.66%
Ins Owner Change13.91%
Market Cap1.48B
Analysts83.08
Price Target13.59 (16.5%)
Short Float %0.94%
Short Ratio1.71
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.89% |
Yearly Dividend0.93
Dividend Growth(5Y)-6.35%
DP108.73%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.76%
Min EPS beat(2)-5.46%
Max EPS beat(2)10.99%
EPS beat(4)3
Avg EPS beat(4)4.65%
Min EPS beat(4)-5.46%
Max EPS beat(4)10.99%
EPS beat(8)7
Avg EPS beat(8)6.67%
EPS beat(12)11
Avg EPS beat(12)11.37%
EPS beat(16)14
Avg EPS beat(16)17.19%
Revenue beat(2)1
Avg Revenue beat(2)2.46%
Min Revenue beat(2)-6.48%
Max Revenue beat(2)11.4%
Revenue beat(4)1
Avg Revenue beat(4)0.55%
Min Revenue beat(4)-6.48%
Max Revenue beat(4)11.4%
Revenue beat(8)4
Avg Revenue beat(8)1.98%
Revenue beat(12)8
Avg Revenue beat(12)33.58%
Revenue beat(16)12
Avg Revenue beat(16)49.72%
PT rev (1m)-0.27%
PT rev (3m)-0.27%
EPS NQ rev (1m)-7.28%
EPS NQ rev (3m)-11.11%
EPS NY rev (1m)-7.08%
EPS NY rev (3m)-7.08%
Revenue NQ rev (1m)-3.41%
Revenue NQ rev (3m)-24.67%
Revenue NY rev (1m)-15.23%
Revenue NY rev (3m)-10.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.64 | ||
| Fwd PE | 9.86 | ||
| P/S | 2.93 | ||
| P/FCF | 11.07 | ||
| P/OCF | 11.07 | ||
| P/B | 0.97 | ||
| P/tB | 1 | ||
| EV/EBITDA | 22.95 |
EPS(TTM)1.21
EY10.37%
EPS(NY)1.18
Fwd EY10.14%
FCF(TTM)1.05
FCFY9.03%
OCF(TTM)1.05
OCFY9.03%
SpS3.99
BVpS12.08
TBVpS11.68
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.23% | ||
| ROE | 7.05% | ||
| ROCE | 2.35% | ||
| ROIC | 1.85% | ||
| ROICexc | 2.57% | ||
| ROICexgc | 2.73% | ||
| OM | 21.85% | ||
| PM (TTM) | 21.37% | ||
| GM | 56.27% | ||
| FCFM | 26.43% |
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
ROICexcg growth 3Y44.8%
ROICexcg 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-Score9
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.04 | ||
| Debt/FCF | 23.41 | ||
| Debt/EBITDA | 21.92 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.56 | ||
| Cash Conversion | 93.63% | ||
| Profit Quality | 123.71% | ||
| Current Ratio | 10.73 | ||
| Quick Ratio | 10.73 | ||
| Altman-Z | 0.69 |
F-Score9
WACC6.27%
ROIC/WACC0.3
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)-9.7%
EPS 3Y35.16%
EPS 5Y-5.55%
EPS Q2Q%-15.62%
EPS Next Y-2.21%
EPS Next 2Y2.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-3.25%
Revenue growth 3Y12.29%
Revenue growth 5Y-0.03%
Sales Q2Q%-22.34%
Revenue Next Year-19.97%
Revenue Next 2Y-6.83%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y17.85%
EBIT growth 3Y24.19%
EBIT growth 5Y-4.86%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-25.85%
FCF growth 3Y31.27%
FCF growth 5Y-3.85%
OCF growth 1Y-25.85%
OCF growth 3Y18.89%
OCF growth 5Y-6.07%