LADDER CAPITAL CORP-REIT (LADR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LADR - US5057431042 - REIT
10.95 USD
+0.02 (+0.18%)
10.95 USD
0 (0%)
LADR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 69 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. While LADR is still in line with the averages on profitability rating, there are 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.
In the past year LADR has reported a negative cash flow from operations.
LADR had positive earnings in 4 of the past 5 years.
Each year in the past 5 years LADR had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.70%, LADR belongs to the top of the industry, outperforming 92.75% of the companies in the same industry.
The Return On Equity of LADR (5.33%) is better than 71.01% of its industry peers.
LADR has a Return On Invested Capital of 1.46%. This is amongst the best in the industry. LADR outperforms 86.96% 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 1.23%.
| 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 better Profit Margin (19.27%) than 84.06% of its industry peers.
LADR's Profit Margin has declined in the last couple of years.
LADR's Operating Margin of 20.45% is fine compared to the rest of the industry. LADR outperforms 72.46% of its industry peers.
LADR's Operating Margin has declined in the last couple of years.
LADR's Gross Margin of 56.45% is amongst the best of the industry. LADR outperforms 88.41% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LADR 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.
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 has a better Altman-Z score (0.33) than 86.96% of its industry peers.
LADR has a Debt/Equity ratio of 2.00. This is a high value indicating a heavy dependency on external financing.
LADR has a Debt to Equity ratio of 2.00. This is amongst the best in the industry. LADR outperforms 82.61% 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
LADR has a Current Ratio of 0.63. This is a bad value and indicates that LADR is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.63, LADR is in the better half of the industry, outperforming 65.22% of the companies in the same industry.
LADR has a Quick Ratio of 0.63. This is a bad value and indicates that LADR is not financially healthy enough and could expect problems in meeting its short term obligations.
LADR has a Quick ratio of 0.63. This is in the better half of the industry: LADR outperforms 65.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
LADR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -24.60%.
The Earnings Per Share has been decreasing by -5.55% on average over the past years.
The Revenue for LADR has decreased by -18.66% in the past year. This is quite bad
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)-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 very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -17.75% yearly.
Based on estimates for the next years, LADR will show a decrease in Revenue. The Revenue will decrease by -2.21% on average per year.
EPS Next Y-22.24%
EPS Next 2Y-4.14%
EPS Next 3Y-17.75%
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 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
With a Price/Earnings ratio of 11.53, the valuation of LADR can be described as very reasonable.
63.77% of the companies in the same industry are more expensive than LADR, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.15, LADR is valued rather cheaply.
A Price/Forward Earnings ratio of 9.85 indicates a reasonable valuation of LADR.
The rest of the industry has a similar Price/Forward Earnings ratio as LADR.
When comparing the Price/Forward Earnings ratio of LADR to the average of the S&P500 Index (36.22), we can say LADR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.53 | ||
| Fwd PE | 9.85 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LADR is valued cheaply inside the industry as 91.30% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 37.52 |
4.3 Compensation for Growth
LADR has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as LADR's earnings are expected to decrease with -17.75% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.14%
EPS Next 3Y-17.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.30%, LADR is a good candidate for dividend investing.
With a Dividend Yield of 8.30, LADR pays less dividend than the industry average, which is at 13.00. 91.30% of the companies listed in the same industry pay a better dividend than LADR!
Compared to an average S&P500 Dividend Yield of 2.32, LADR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.3% |
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.
The Dividend Rate of LADR has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP147.45%
EPS Next 2Y-4.14%
EPS Next 3Y-17.75%
10.95
+0.02 (+0.18%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners63.4%
Inst Owner Change-1.32%
Ins Owners11.72%
Ins Owner Change-1.92%
Market Cap1.39B
Revenue(TTM)413.45M
Net Income(TTM)79.68M
Analysts83.64
Price Target12.85 (17.35%)
Short Float %1.69%
Short Ratio2.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.3% |
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)-1.79%
EPS NQ rev (3m)-7.65%
EPS NY rev (1m)0.27%
EPS NY rev (3m)-2.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.57%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)4.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.53 | ||
| Fwd PE | 9.85 | ||
| P/S | 3.37 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.93 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | 37.52 |
EPS(TTM)0.95
EY8.68%
EPS(NY)1.11
Fwd EY10.15%
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-4.14%
EPS Next 3Y-17.75%
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.