| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
CRT Stock Overview
Cross Timbers Royalty Trust operates as an express trust in the United States.
Cross Timbers Royalty Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$13.53 |
| 52 Week High | US$21.00 |
| 52 Week Low | US$9.73 |
| Beta | 0.53 |
| 1 Month Change | -26.35% |
| 3 Month Change | 5.62% |
| 1 Year Change | 20.91% |
| 3 Year Change | 12.94% |
| 5 Year Change | -10.63% |
| Change since IPO | 28.86% |
Recent News & Updates
Cross Timbers Royalty Trust's (NYSE:CRT) Shareholders Will Receive A Bigger Dividend Than Last Year
Cross Timbers Royalty Trust ( NYSE:CRT ) will increase its dividend on the 14th of June to US$0.16. This takes the...
Shareholder Returns
| CRT | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -19.2% | -6.3% | 0.7% |
| 1Y | 20.9% | 27.3% | -18.4% |
Return vs Industry: CRT underperformed the US Oil and Gas industry which returned 27.3% over the past year.
Return vs Market: CRT exceeded the US Market which returned -18.4% over the past year.
Price Volatility
| CRT volatility | |
|---|---|
| CRT Average Weekly Movement | 10.9% |
| Oil and Gas Industry Average Movement | 9.1% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.4% |
Stable Share Price: CRT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: CRT's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | n/a | n/a | https://www.crt-crosstimbers.com |
Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma. The company was founded in 1991 and is based in Dallas, Texas.
Cross Timbers Royalty Trust Fundamentals Summary
| CRT fundamental statistics | |
|---|---|
| Market Cap | US$83.52m |
| Earnings (TTM) | US$7.32m |
| Revenue (TTM) | US$8.03m |
11.1x
P/E Ratio10.1x
P/S RatioIs CRT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CRT income statement (TTM) | |
|---|---|
| Revenue | US$8.03m |
| Cost of Revenue | US$0 |
| Gross Profit | US$8.03m |
| Other Expenses | US$715.94k |
| Earnings | US$7.32m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.22 |
| Gross Margin | 100.00% |
| Net Profit Margin | 91.09% |
| Debt/Equity Ratio | 0.0% |
How did CRT perform over the long term?
See historical performance and comparisonDividends
11.3%
Current Dividend Yield100%
Payout RatioValuation
Is CRT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CRT?
Other financial metrics that can be useful for relative valuation.
| What is CRT's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$83.52m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 10.2x |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does CRT's PE Ratio compare to its peers?
| CRT PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 10.4x | ||
NRT North European Oil Royalty Trust | 13.4x | n/a | US$112.4m |
VOC VOC Energy Trust | 8.4x | n/a | US$104.0m |
PRT PermRock Royalty Trust | 10.6x | n/a | US$93.9m |
MVO MV Oil Trust | 9.3x | n/a | US$137.3m |
CRT Cross Timbers Royalty Trust | 11.1x | n/a | US$83.5m |
Price-To-Earnings vs Peers: CRT is expensive based on its Price-To-Earnings Ratio (11.1x) compared to the peer average (10.4x).
Price to Earnings Ratio vs Industry
How does CRT's PE Ratio compare vs other companies in the US Oil and Gas Industry?
Price-To-Earnings vs Industry: CRT is good value based on its Price-To-Earnings Ratio (11.1x) compared to the US Oil and Gas industry average (11.3x)
Price to Earnings Ratio vs Fair Ratio
What is CRT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 11.1x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CRT's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of CRT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CRT ($13.53) is trading below our estimate of fair value ($23.74)
Significantly Below Fair Value: CRT is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CRT's PEG Ratio to determine if it is good value.
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Future Growth
How is Cross Timbers Royalty Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-8.0%
Forecasted Energy 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 Cross Timbers Royalty Trust 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.
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- Examine whether Cross Timbers Royalty Trust is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Cross Timbers Royalty Trust competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Cross Timbers Royalty Trust performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-4.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRT has high quality earnings.
Growing Profit Margin: CRT's current net profit margins (91.1%) are higher than last year (84.1%).
Past Earnings Growth Analysis
Earnings Trend: CRT's earnings have declined by 4% per year over the past 5 years.
Accelerating Growth: CRT's earnings growth over the past year (87.4%) exceeds its 5-year average (-4% per year).
Earnings vs Industry: CRT earnings growth over the past year (87.4%) underperformed the Oil and Gas industry 102.2%.
Return on Equity
High ROE: CRT's Return on Equity (227.8%) is considered outstanding.
Discover strong past performing companies
Financial Health
How is Cross Timbers Royalty Trust's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CRT's short term assets ($1.3M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: CRT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRT is debt free.
Reducing Debt: CRT has not had any debt for past 5 years.
Debt Coverage: CRT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CRT has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Cross Timbers Royalty Trust current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
11.34%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CRT's dividend (11.34%) is higher than the bottom 25% of dividend payers in the US market (1.61%).
High Dividend: CRT's dividend (11.34%) is in the top 25% of dividend payers in the US market (4.27%)
Stability and Growth of Payments
Stable Dividend: CRT's dividend payments have been volatile in the past 10 years.
Growing Dividend: CRT's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100%), CRT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Cross Timbers Royalty Trust has no CEO, or we have no data on them.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Cross Timbers Royalty Trust's employee growth, exchange listings and data sources
Key Information
- Name: Cross Timbers Royalty Trust
- Ticker: CRT
- Exchange: NYSE
- Founded: 1991
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: US$83.520m
- Shares outstanding: 6.00m
- Website: https://www.crt-crosstimbers.com
Location
- Cross Timbers Royalty Trust
- 2911 Turtle Creek Boulevard
- Suite 850
- Dallas
- Texas
- 75219
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/06 00:00 |
| End of Day Share Price | 2022/07/06 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.