Tejon Ranch
Market Cap
US$408.2m
Last Updated
2021/01/16 23:13 UTC
Data Sources
Company Financials +
Executive Summary
Tejon Ranch Co. operates as a diversified real estate development and agribusiness company. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 54.2% per year for the next 3 years
Snowflake Analysis
Solid track record with adequate balance sheet.
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
Stable Share Price: TRC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TRC's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
3.7%
TRC
-1.3%
US Real Estate
-0.9%
US Market
1 Year Return
-3.8%
TRC
4.7%
US Real Estate
19.6%
US Market
Return vs Industry: TRC underperformed the US Real Estate industry which returned 4.7% over the past year.
Return vs Market: TRC underperformed the US Market which returned 19.6% over the past year.
Shareholder returns
| TRC | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.7% | -1.3% | -0.9% |
| 30 Day | 10.0% | 1.4% | 3.0% |
| 90 Day | 5.7% | 8.0% | 11.5% |
| 1 Year | -3.8%-3.8% | 7.4%4.7% | 22.3%19.6% |
| 3 Year | -26.8%-26.8% | 12.7%4.8% | 45.3%35.7% |
| 5 Year | -21.5%-21.5% | 40.2%23.5% | 124.8%99.9% |
Long-Term 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
2 weeks ago | Simply Wall St
Does Tejon Ranch's (NYSE:TRC) Statutory Profit Adequately Reflect Its Underlying Profit?1 month ago | Simply Wall St
Here's What Tejon Ranch Co.'s (NYSE:TRC) Shareholder Ownership Structure Looks Like2 months ago | Simply Wall St
Need To Know: Tejon Ranch Co. (NYSE:TRC) Insiders Have Been Buying SharesValuation
Is Tejon Ranch undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TRC ($15.56) is trading below our estimate of fair value ($35.58)
Significantly Below Fair Value: TRC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TRC is poor value based on its PE Ratio (44.8x) compared to the US Real Estate industry average (37.5x).
PE vs Market: TRC is poor value based on its PE Ratio (44.8x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: TRC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TRC is good value based on its PB Ratio (0.9x) compared to the US Real Estate industry average (1.3x).
Next Steps
Future Growth
How is Tejon Ranch forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-54.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRC's earnings are forecast to decline over the next 3 years (-54.2% per year).
Earnings vs Market: TRC's earnings are forecast to decline over the next 3 years (-54.2% per year).
High Growth Earnings: TRC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TRC's revenue is expected to decline over the next 3 years (-2.4% per year).
High Growth Revenue: TRC's revenue is forecast to decline over the next 3 years (-2.4% 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?
41.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRC has high quality earnings.
Growing Profit Margin: TRC's current net profit margins (18.6%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: TRC's earnings have grown significantly by 41% per year over the past 5 years.
Accelerating Growth: TRC's earnings growth over the past year (609%) exceeds its 5-year average (41% per year).
Earnings vs Industry: TRC earnings growth over the past year (609%) exceeded the Real Estate industry -7.9%.
Return on Equity
High ROE: TRC's Return on Equity (2%) is considered low.
Next Steps
Financial Health
How is Tejon Ranch's financial position?
Financial Position Analysis
Short Term Liabilities: TRC's short term assets ($67.0M) exceed its short term liabilities ($14.3M).
Long Term Liabilities: TRC's short term assets ($67.0M) do not cover its long term liabilities ($77.7M).
Debt to Equity History and Analysis
Debt Level: TRC's debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: TRC's debt to equity ratio has reduced from 26.5% to 14.5% over the past 5 years.
Debt Coverage: TRC's debt is well covered by operating cash flow (35.7%).
Interest Coverage: Insufficient data to determine if TRC's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Tejon Ranch current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
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
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
Greg Bielli (59 yo)
7.08yrs
Tenure
US$2,308,986
Compensation
Mr. Gregory S. Bielli, also known as Greg, has been the President and Chief Executive Officer of Tejon Ranch Co. since September 2013 and December 17, 2013 respectively. Mr. Bielli served as Regional Presi...
CEO Compensation Analysis
Compensation vs Market: Greg 's total compensation ($USD2.31M) is above average for companies of similar size in the US market ($USD1.66M).
Compensation vs Earnings: Greg 's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.08yrs | US$2.31m | 0.87% $ 3.5m | |
| Senior VP of Finance & CFO | 2yrs | US$592.88k | 0.057% $ 234.7k | |
| COO & Executive VP | 2yrs | US$1.37m | 0.53% $ 2.2m | |
| Senior VP | 4.67yrs | US$626.38k | 0.062% $ 254.7k | |
| Executive Vice President of Real Estate | 6.08yrs | US$815.57k | 0.10% $ 408.4k | |
| Senior Vice President of Corporate Communications & Investor Relations | 17yrs | no data | no data | |
| Senior Vice President of Real Estate | 0.25yr | no data | no data | |
| Executive Vice President of Real Estate | 5.83yrs | US$679.54k | 0.15% $ 620.5k | |
| Senior Vice President of Ranch Operations | no data | no data | no data | |
| Senior Vice President of Agriculture | no data | no data | no data | |
| VP & Controller | 5.17yrs | no data | no data |
5.2yrs
Average Tenure
53.5yo
Average Age
Experienced Management: TRC's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.08yrs | US$2.31m | 0.87% $ 3.5m | |
| Independent Chairman of the Board | 7yrs | US$101.77k | 0.071% $ 289.7k | |
| Independent Director | 23yrs | US$91.77k | 0.12% $ 472.1k | |
| Independent Director | 20yrs | US$91.77k | 0.054% $ 218.6k | |
| Independent Director | 8.83yrs | US$76.78k | 4.37% $ 17.8m | |
| Independent Director | 6.33yrs | US$91.78k | 0.10% $ 423.8k | |
| Independent Director | 8.67yrs | US$91.78k | 0.14% $ 559.2k | |
| Independent Director | 2yrs | US$76.78k | 0.022% $ 89.2k | |
| Director | no data | no data | no data |
8.3yrs
Average Tenure
66yo
Average Age
Experienced Board: TRC's board of directors are considered experienced (8.3 years average tenure).
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$408.245m
- Shares outstanding: 26.24m
- 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 | 2021/01/16 23:13 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.