PEBBLEBROOK HOTEL TRUST (PEB) Stock Fundamental Analysis
NYSE:PEB - New York Stock Exchange, Inc. - US70509V1008 - REIT - Currency: USD
Taking everything into account, PEB scores 3 out of 10 in our fundamental rating. PEB was compared to 129 industry peers in the Diversified REITs industry. PEB has a bad profitability rating. Also its financial health evaluation is rather negative. PEB is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PEB has reported negative net income.
PEB had a positive operating cash flow in the past year.
PEB had negative earnings in each of the past 5 years.
Of the past 5 years PEB 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -1.60%, PEB is not doing good in the industry: 70.54% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of -3.43%, PEB is doing worse than 65.89% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 1.22%, PEB is doing worse than 83.72% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PEB is in line with the industry average of 3.15%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.6% | ||
| ROE | -3.43% | ||
| ROIC | 1.22% |
ROA(3y)-1.6%
ROA(5y)-3.11%
ROE(3y)-3.33%
ROE(5y)-6.09%
ROIC(3y)1.3%
ROIC(5y)N/A
1.3 Margins
The Operating Margin of PEB (4.37%) is worse than 86.82% of its industry peers.
PEB's Operating Margin has declined in the last couple of years.
The Gross Margin of PEB (33.00%) is worse than 86.82% of its industry peers.
PEB's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.37% | ||
| PM (TTM) | N/A | ||
| GM | 33% |
OM growth 3YN/A
OM growth 5Y-16.65%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.64%
GM growth 5Y-3.06%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PEB is destroying value.
Compared to 1 year ago, PEB has less shares outstanding
Compared to 5 years ago, PEB has less shares outstanding
Compared to 1 year ago, PEB has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.20, we must say that PEB is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of PEB (0.20) is worse than 68.99% of its industry peers.
PEB has a debt to FCF ratio of 12.77. This is a negative value and a sign of low solvency as PEB would need 12.77 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 12.77, PEB belongs to the best of the industry, outperforming 88.37% of the companies in the same industry.
A Debt/Equity ratio of 0.87 indicates that PEB is somewhat dependend on debt financing.
PEB has a Debt to Equity ratio of 0.87. This is in the better half of the industry: PEB outperforms 68.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 12.77 | ||
| Altman-Z | 0.2 |
ROIC/WACC0.19
WACC6.54%
2.3 Liquidity
PEB has a Current Ratio of 0.57. This is a bad value and indicates that PEB is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.57, PEB is doing worse than 75.19% of the companies in the same industry.
PEB has a Quick Ratio of 0.57. This is a bad value and indicates that PEB is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.57, PEB is not doing good in the industry: 74.42% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
PEB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 83.33%, which is quite impressive.
The Revenue has grown by 24.17% in the past year. This is a very strong growth!
Measured over the past years, PEB shows a decrease in Revenue. The Revenue has been decreasing by -2.05% on average per year.
EPS 1Y (TTM)83.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-6.25%
Revenue 1Y (TTM)24.17%
Revenue growth 3Y25.63%
Revenue growth 5Y-2.05%
Sales Q2Q%1.97%
3.2 Future
PEB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 44.54% yearly.
PEB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.28% yearly.
EPS Next Y-302.32%
EPS Next 2Y-75.51%
EPS Next 3Y-23.54%
EPS Next 5Y44.54%
Revenue Next Year1.1%
Revenue Next 2Y2%
Revenue Next 3Y2.62%
Revenue Next 5Y3.28%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for PEB. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for PEB. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PEB is valued a bit cheaper than the industry average as 77.52% of the companies are valued more expensively.
96.90% of the companies in the same industry are more expensive than PEB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.24 | ||
| EV/EBITDA | 11.01 |
4.3 Compensation for Growth
A cheap valuation may be justified as PEB's earnings are expected to decrease with -23.54% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-75.51%
EPS Next 3Y-23.54%
5. Dividend
5.1 Amount
PEB has a Yearly Dividend Yield of 8.80%, which is a nice return.
PEB's Dividend Yield is rather good when compared to the industry average which is at 6.45. PEB pays more dividend than 86.05% of the companies in the same industry.
PEB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.8% |
5.2 History
The dividend of PEB decreases each year by -23.57%.
PEB has paid a dividend for at least 10 years, which is a reliable track record.
PEB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-23.57%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
PEB has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-57.57%
EPS Next 2Y-75.51%
EPS Next 3Y-23.54%
10.95
-0.16 (-1.44%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners120.37%
Inst Owner Change0%
Ins Owners2.22%
Ins Owner Change30.61%
Market Cap1.30B
Analysts53
Price Target10.69 (-2.37%)
Short Float %9.2%
Short Ratio4.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.8% |
Yearly Dividend0.43
Dividend Growth(5Y)-23.57%
DP-57.57%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.5%
Min EPS beat(2)11.41%
Max EPS beat(2)25.59%
EPS beat(4)4
Avg EPS beat(4)2435.49%
Min EPS beat(4)11.41%
Max EPS beat(4)4852.48%
EPS beat(8)7
Avg EPS beat(8)1083.06%
EPS beat(12)8
Avg EPS beat(12)718.33%
EPS beat(16)10
Avg EPS beat(16)537.94%
Revenue beat(2)2
Avg Revenue beat(2)1.38%
Min Revenue beat(2)1.11%
Max Revenue beat(2)1.64%
Revenue beat(4)4
Avg Revenue beat(4)0.7%
Min Revenue beat(4)0.02%
Max Revenue beat(4)1.64%
Revenue beat(8)7
Avg Revenue beat(8)0.95%
Revenue beat(12)11
Avg Revenue beat(12)7.4%
Revenue beat(16)15
Avg Revenue beat(16)6.86%
PT rev (1m)-0.79%
PT rev (3m)-21.41%
EPS NQ rev (1m)-29.16%
EPS NQ rev (3m)-41.38%
EPS NY rev (1m)-7.46%
EPS NY rev (3m)-11.68%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)-1.12%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.73 | ||
| P/FCF | 7.24 | ||
| P/OCF | 4.65 | ||
| P/B | 0.49 | ||
| P/tB | 0.49 | ||
| EV/EBITDA | 11.01 |
EPS(TTM)-0.17
EYN/A
EPS(NY)-0.46
Fwd EYN/A
FCF(TTM)1.51
FCFY13.8%
OCF(TTM)2.35
OCFY21.49%
SpS14.94
BVpS22.2
TBVpS22.2
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.6% | ||
| ROE | -3.43% | ||
| ROCE | 1.54% | ||
| ROIC | 1.22% | ||
| ROICexc | 1.27% | ||
| ROICexgc | 1.27% | ||
| OM | 4.37% | ||
| PM (TTM) | N/A | ||
| GM | 33% | ||
| FCFM | 10.12% |
ROA(3y)-1.6%
ROA(5y)-3.11%
ROE(3y)-3.33%
ROE(5y)-6.09%
ROIC(3y)1.3%
ROIC(5y)N/A
ROICexc(3y)1.34%
ROICexc(5y)N/A
ROICexgc(3y)1.34%
ROICexgc(5y)N/A
ROCE(3y)1.65%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-15.61%
ROICexc growth 3YN/A
ROICexc growth 5Y-15.61%
OM growth 3YN/A
OM growth 5Y-16.65%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.64%
GM growth 5Y-3.06%
F-Score6
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 12.77 | ||
| Debt/EBITDA | 7.46 | ||
| Cap/Depr | 43.47% | ||
| Cap/Sales | 5.63% | ||
| Interest Coverage | 0.84 | ||
| Cash Conversion | 90.88% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 0.2 |
F-Score6
WACC6.54%
ROIC/WACC0.19
Cap/Depr(3y)62.73%
Cap/Depr(5y)56.25%
Cap/Sales(3y)10.46%
Cap/Sales(5y)14.21%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)83.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-6.25%
EPS Next Y-302.32%
EPS Next 2Y-75.51%
EPS Next 3Y-23.54%
EPS Next 5Y44.54%
Revenue 1Y (TTM)24.17%
Revenue growth 3Y25.63%
Revenue growth 5Y-2.05%
Sales Q2Q%1.97%
Revenue Next Year1.1%
Revenue Next 2Y2%
Revenue Next 3Y2.62%
Revenue Next 5Y3.28%
EBIT growth 1Y9.32%
EBIT growth 3YN/A
EBIT growth 5Y-18.36%
EBIT Next Year281.02%
EBIT Next 3Y61.81%
EBIT Next 5Y37.63%
FCF growth 1Y16.28%
FCF growth 3YN/A
FCF growth 5Y-8.24%
OCF growth 1Y-2.38%
OCF growth 3Y57.22%
OCF growth 5Y-7%