The ratio of debt to operating expenses for CatchMark Timber Trust Inc is higher than it is for about 94.52% of US stocks.
Over the past twelve months, CTT has reported earnings growth of -88.98%, putting it ahead of just 21.59% of US stocks in our set.
CatchMark Timber Trust Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 9.8%, greater than the shareholder yield of 81.72% of stocks in our set.
If you're looking for stocks that are quantitatively similar to CatchMark Timber Trust Inc, a group of peers worth examining would be CTO, ALCO, KW, CHDN, and SEM.
CTT's SEC filings can be seen here. And to visit CatchMark Timber Trust Inc's official web site, go to www.catchmark.com.
Catchmark Timber Trust Inc. is a REIT focused on the acquisition of timberland properties in the United States. It was formerly known as Wells Real Estate Investment Trust IV, Inc. and changed its name to Wells Timber Real Estate Investment Trust, Inc. in November 2005 and changed to Wells Timberland REIT, Inc. in 2006. The company is based in Norcross, Georgia.
CTT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for CatchMark Timber Trust Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that CatchMark Timber Trust Inc ranked in the 18th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of CatchMark Timber Trust Inc, consider:
As a business, CTT is generating more cash flow than just 19.19% of positive cash flow stocks in the Real Estate.
52% of the company's capital comes from equity, which is greater than only 24.35% of stocks in our cash flow based forecasting set.
CatchMark Timber Trust Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.68. This coverage rate is greater than that of only 22.03% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CTT, try ELS, RPAI, WPC, CLNC, and OUT.
Of the four public Timber REITs, PotlatchDeltic (PCH) has the most exposure to the price of lumber. Rayonier (RYN) and CatchMark (CTT) are closer to pure timberland investments with little to no lumber exposure. Weyerhaeuser (WY), the largest of the four, also has exposure to lumber. The price of lumber...
Robert Ruggirello, CFA on Seeking Alpha | September 22, 2020
The 1H20, after the coronavirus crisis and the economic downturn, was a true black swan. Yet, markets are on the upswing, with the NASDAQ near record highs and the S&P 500 holding above 3,200. It’s a positive sign, and a welcome one as we enter the Q2 earnings season. Investors are both cautious and guardedly optimistic going in. The second quarter saw some serious turbulence as headwinds and tailwinds collided. Among the headwinds: the lockdowns of March and the dreaded ‘second wave’ of the virus in June. The tailwinds included the lifting of restrictions in May, and the restarting of economic activity. Initial results are showing that Q2 earnings were not as grim as Q1. The question now is, is it sustainable?We just don’t know. And that makes dividend stocks, the classic defensive pla...
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]