Tejon Ranch
Market Cap
US$428.6m
Last Updated
2019/10/22 23:43 UTC
Data Sources
Company Financials
Executive Summary
Tejon Ranch Co. operates as a diversified real estate development and agribusiness company.
Snowflake
Fundamentals
Moderate growth potential with questionable track record.
Similar Companies
Share Price & News
How has Tejon Ranch's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.4%
TRC
-0.2%
US Real Estate
0.07%
US Market
1 Year Return
-15.0%
TRC
8.6%
US Real Estate
8.9%
US Market
Return vs Industry: TRC underperformed the US Real Estate industry which returned 8.6% over the past year.
Return vs Market: TRC underperformed the US Market which returned 8.9% over the past year.
Shareholder returns
| TRC | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.4% | -0.2% | 0.07% |
| 30 Day | -5.7% | -1.4% | -0.3% |
| 90 Day | -7.1% | -2.0% | -1.6% |
| 1 Year | -15.0%-15.0% | 9.6%8.6% | 11.3%8.9% |
| 3 Year | -30.1%-30.1% | 27.9%24.9% | 46.3%36.8% |
| 5 Year | -44.5%-44.5% | 8.5%5.0% | 62.1%44.3% |
Price Volatility Vs. Market
How volatile is Tejon Ranch's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Do Directors Own Tejon Ranch Co. (NYSE:TRC) Shares?2 weeks ago | Simply Wall St
Does Tejon Ranch (NYSE:TRC) Have A Healthy Balance Sheet?1 month ago | Simply Wall St
Tejon Ranch Co. (NYSE:TRC): What Does Its Beta Value Mean For Your Portfolio?Valuation
Is Tejon Ranch undervalued compared to its fair value and its price relative to the market?
92.85x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TRC ($16.51) is trading above our estimate of fair value ($2.26)
Significantly Below Fair Value: TRC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TRC is poor value based on its PE Ratio (92.9x) compared to the Real Estate industry average (21.6x).
PE vs Market: TRC is poor value based on its PE Ratio (92.9x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TRC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRC is good value based on its PB Ratio (1x) compared to the US Real Estate industry average (1.5x).
Next Steps
Future Growth
How is Tejon Ranch forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
39.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRC's forecast earnings growth (39.5% per year) is above the savings rate (2.7%).
Earnings vs Market: TRC's earnings (39.5% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if TRC's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if TRC's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TRC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Tejon Ranch performed over the past 5 years?
-16.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: TRC's earnings have declined by -16% per year over the past 5 years.
Accelerating Growth: TRC's earnings growth over the past year (523.6%) exceeds its 5-year average (-16% per year).
Earnings vs Industry: TRC earnings growth over the past year (523.6%) exceeded the Real Estate industry -22.6%.
Return on Equity
High ROE: TRC's Return on Equity (1.1%) is considered low.
Return on Assets
ROA vs Industry: TRC's Return on Assets is below or equal to the Real Estate industry average last year.
Return on Capital Employed
ROCE Improving: TRC is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is Tejon Ranch's financial position?
Financial Position Analysis
Short Term Liabilities: TRC's short term assets ($74.5M) exceeds its short term liabilities ($14.1M)
Long Term Liabilities: TRC's short term assets (74.5M) do not cover its long term liabilities (79.8M)
Debt to Equity History and Analysis
Debt Level: TRC's debt to equity ratio (15.3%) is considered satisfactory
Reducing Debt: TRC's debt to equity ratio has increased from 4.8% to 15.3% over the past 5 years.
Debt Coverage: TRC's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: Insufficient data to determine if TRC's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: TRC has a high level of physical assets or inventory.
Debt Coverage by Assets: TRC's debt is covered by short term assets (assets are 1.122710x debt).
Next Steps
Dividend
What is Tejon Ranch's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate TRC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TRC'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 TRC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRC'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 TRC'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 Tejon Ranch's salary, the management and board of directors tenure and is there insider trading?
4.3yrs
Average management tenure
CEO
Greg Bielli (58yo)
5.8yrs
Tenure
US$2,252,946
Compensation
Mr. Gregory S. Bielli, also known as Greg, has been the President and Chief Executive Officer of Tejon Ranch Co. since September 2013 and December 17, 2013 respectively. Mr. Bielli served as Regional Presi ...
CEO Compensation Analysis
Compensation vs. Market: Greg 's total compensation ($USD2.25M) is about average for companies of similar size in the US market ($USD1.81M).
Compensation vs Earnings: Greg 's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.3yrs
Average Tenure
52.5yo
Average Age
Experienced Management: TRC's management team is considered experienced (4.3 years average tenure).
Board Age and Tenure
7.1yrs
Average Tenure
65yo
Average Age
Experienced Board: TRC's board of directors are considered experienced (7.1 years average tenure).
Insider Trading
Insider Buying: TRC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 10,847 |
| Max Price | US$16.13 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 70,097 |
| Max Price | US$16.50 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 39,453 |
| Max Price | US$16.36 |
| Entity | Company |
| Shares | 2,426 |
| Max Price | US$16.05 |
| Entity | Company |
| Shares | 4,900 |
| Max Price | US$16.10 |
| Entity | Company |
| Shares | 6,508 |
| Max Price | US$16.16 |
| Entity | Company |
| Shares | 1,000 |
| Max Price | US$16.20 |
| Entity | Company |
| Shares | 4,933 |
| Max Price | US$16.20 |
Ownership Breakdown
Management Team
Allen Lyda (61yo)
Executive VP
- Tenure: 0.8yrs
- Compensation: US$998.88k
Barry Zoeller
Senior Vice President of Corporate Communication & Investor Relations
- Tenure: 15.8yrs
Greg Bielli (58yo)
President
- Tenure: 5.8yrs
- Compensation: US$2.25m
Michael R. Houston (44yo)
Senior VP & General Counsel
- Tenure: 3.4yrs
- Compensation: US$638.21k
Hugh McMahon (52yo)
Executive Vice President of Real Estate
- Tenure: 4.8yrs
- Compensation: US$733.40k
Joe Rentfro (50yo)
Executive Vice President of Real Estate
- Tenure: 4.6yrs
- Compensation: US$679.54k
Robert Velasquez (53yo)
Senior VP of Finance & CFO
- Tenure: 0.8yrs
Tim Li
VP & Controller
- Tenure: 3.9yrs
Michael Campeau
Senior Vice President of Ranch Operations
- Tenure: 0yrs
Trey Irwin
Senior Vice President of Agriculture
- Tenure: 0yrs
Board Members
Norman Metcalfe (76yo)
Independent Chairman of the Board
- Tenure: 5.8yrs
- Compensation: US$106.43k
Geoffrey Stack (75yo)
Independent Director
- Tenure: 21.8yrs
- Compensation: US$96.44k
Mike Winer (63yo)
Independent Director
- Tenure: 18.8yrs
- Compensation: US$96.44k
Greg Bielli (58yo)
President
- Tenure: 5.8yrs
- Compensation: US$2.25m
Dan Tisch (68yo)
Independent Director
- Tenure: 7.6yrs
- Compensation: US$81.42k
Steve Betts (61yo)
Independent Director
- Tenure: 5.1yrs
- Compensation: US$96.44k
Anthony Leggio (67yo)
Independent Director
- Tenure: 7.4yrs
- Compensation: US$96.44k
Jean Fuller (61yo)
Director
- Tenure: 0.8yrs
Company Information
Tejon Ranch Co.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tejon Ranch Co.
- Ticker: TRC
- Exchange: NYSE
- Founded: 1843
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: US$428.617m
- Shares outstanding: 25.96m
- Website: https://tejonranch.com
Number of Employees
Location
- Tejon Ranch Co.
- 4436 Lebec Road
- Lebec
- California
- 93243
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TRC | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jul 1973 |
| 2TJ | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 1973 |
Biography
Tejon Ranch Co. operates as a diversified real estate development and agribusiness company. It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 23:43 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.