NasdaqCM:CHCI

Stock Analysis Report

Executive Summary

Comstock Holding Companies, Inc. operates as a real estate development and services company primarily in the mid-Atlantic region, the United States.

Snowflake

Fundamentals

Mediocre balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Comstock Holding Companies's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.03%

CHCI

2.5%

US Consumer Durables

2.3%

US Market


1 Year Return

-19.5%

CHCI

38.5%

US Consumer Durables

5.6%

US Market

Return vs Industry: CHCI underperformed the US Consumer Durables industry which returned 38.5% over the past year.

Return vs Market: CHCI underperformed the US Market which returned 5.6% over the past year.


Shareholder returns

CHCIIndustryMarket
7 Day0.03%2.5%2.3%
30 Day-8.9%2.3%-1.0%
90 Day-25.5%7.0%-0.7%
1 Year-19.5%-19.5%40.3%38.5%7.9%5.6%
3 Year4.9%4.9%51.1%46.5%45.6%36.3%
5 Year-69.8%-69.8%41.4%32.7%65.8%47.6%

Price Volatility Vs. Market

How volatile is Comstock Holding Companies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Comstock Holding Companies undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: CHCI ($1.9) is trading below our estimate of fair value ($39.73)

Significantly Undervalued: CHCI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CHCI is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

PE vs Market: CHCI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate CHCI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CHCI is overvalued based on its PB Ratio (60.9x) compared to the US Consumer Durables industry average (1.6x).


Next Steps

Future Growth

How is Comstock Holding Companies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.0%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Comstock Holding Companies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Comstock Holding Companies performed over the past 5 years?

5.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CHCI is unprofitable, but has reduced losses over the past 5 years at a rate of 5.6% per year.

Accelerating Growth: Unable to compare CHCI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CHCI is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (13.5%).


Return on Equity

High ROE: CHCI has a negative Return on Equity (-59.7%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: CHCI is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: CHCI is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Comstock Holding Companies's financial position?


Financial Position Analysis

Short Term Liabilities: CHCI's short term assets ($5.1M) do not cover its short term liabilities ($13.8M)

Long Term Liabilities: CHCI's short term assets (5.1M) do not cover its long term liabilities (7.2M)


Debt to Equity History and Analysis

Debt Level: CHCI's debt to equity ratio (91%) is considered high

Reducing Debt: CHCI's debt to equity ratio has reduced from 251% to 91% over the past 5 years.


Balance Sheet

Inventory Level: CHCI has a high level of physical assets or inventory.

Debt Coverage by Assets: CHCI's debt is not covered by short term assets (assets are 0.8x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable CHCI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CHCI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 75.3% per year.


Next Steps

Dividend

What is Comstock Holding Companies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate CHCI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CHCI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if CHCI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CHCI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CHCI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Comstock Holding Companies's salary, the management and board of directors tenure and is there insider trading?

1.4yrs

Average management tenure


CEO

Christopher Clemente (60yo)

27.8yrs

Tenure

US$800,000

Compensation

Mr. Christopher Clemente is a Principal of Comstock Partners, L.C. Mr. Clemente founded Comstock Homebuilding Companies Inc., in 1985 and has been its Chairman and Chief Executive Officer since 1992. He ha ...


CEO Compensation Analysis

Compensation vs. Market: Christopher's total compensation ($USD800.00K) is about average for companies of similar size in the US market ($USD493.00K).

Compensation vs Earnings: Christopher's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

1.4yrs

Average Tenure

44.5yo

Average Age

Experienced Management: CHCI's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Age and Tenure

14.3yrs

Average Tenure

60yo

Average Age

Experienced Board: CHCI's board of directors are seasoned and experienced ( 14.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Jubal Thompson (49yo)

    General Counsel & Secretary

    • Tenure: 21yrs
    • Compensation: US$522.00k
  • Christopher Clemente (60yo)

    Chairman & CEO

    • Tenure: 27.8yrs
    • Compensation: US$800.00k
  • Tim Steffan

    Executive Vice President of Development & Asset Management

    • Tenure: 1.5yrs
  • Dennis Kelleher

    Division President of Washington / Baltimore Region

    • Tenure: 0yrs
  • Tere Richards

    Senior Vice President of Marketing

    • Tenure: 0yrs
  • Christopher Conover (37yo)

    Executive VP of Finance & Strategic Planning

    • Tenure: 1.3yrs
    • Compensation: US$359.41k
  • Mike Daugard

    Senior Vice President of Acquisitions

    • Tenure: 0.4yrs
  • Christopher Guthrie (40yo)

    Chief Financial Officer

    • Tenure: 1.3yrs
    • Compensation: US$468.15k

Board Members

  • James MacCutcheon (67yo)

    Director

    • Tenure: 14.8yrs
    • Compensation: US$50.00k
  • Joe Squeri (53yo)

    Director

    • Tenure: 4yrs
  • Bob Pincus (73yo)

    Director

    • Tenure: 14.3yrs
    • Compensation: US$46.00k
  • Socrates Verses (59yo)

    Director

    • Tenure: 14.3yrs
    • Compensation: US$48.00k
  • Norman Chirite (57yo)

    Director

    • Tenure: 13.6yrs
    • Compensation: US$44.00k
  • David Guernsey (71yo)

    Director

    • Tenure: 14.8yrs
    • Compensation: US$47.00k
  • Christopher Clemente (60yo)

    Chairman & CEO

    • Tenure: 27.8yrs
    • Compensation: US$800.00k

Company Information

Comstock Holding Companies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Comstock Holding Companies, Inc.
  • Ticker: CHCI
  • Exchange: NasdaqCM
  • Founded: 1985
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Market Cap: US$15.105m
  • Shares outstanding: 7.95m
  • Website: https://www.comstockcompanies.com

Number of Employees


Location

  • Comstock Holding Companies, Inc.
  • 1886 Metro Center Drive
  • 4th Floor
  • Reston
  • Virginia
  • 20190
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CHCINasdaqCM (Nasdaq Capital Market)YesClass A Common StockUSUSDDec 2004
CHO1DB (Deutsche Boerse AG)YesClass A Common StockDEEURDec 2004

Biography

Comstock Holding Companies, Inc. operates as a real estate development and services company primarily in the mid-Atlantic region, the United States. It operates through three segments: Homebuilding, Asset  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 23:48
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.