TRC Stock Overview
Tejon Ranch Co. operates as a diversified real estate development and agribusiness company.
Tejon Ranch Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$16.70|
|52 Week High||US$21.69|
|52 Week Low||US$14.79|
|1 Month Change||-9.68%|
|3 Month Change||-9.83%|
|1 Year Change||1.95%|
|3 Year Change||-9.04%|
|5 Year Change||-30.33%|
|Change since IPO||-61.61%|
Recent News & Updates
Tejon Ranch: Owning A Californian Mountain Range
Tejon Ranch Company is the largest contiguous private landowner in California, with a plot of land about an hour north of Los Angeles. With planned recent approvals of new commercial and residential developments along the Interstate 5 corridor, future income looks brighter than in years prior. While a long-term horizon investment, I find at current prices the company is quite a safe and unique investment.
Is Tejon Ranch (NYSE:TRC) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Is Tejon Ranch (NYSE:TRC) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|TRC||US Real Estate||US Market|
Return vs Industry: TRC exceeded the US Real Estate industry which returned -40.9% over the past year.
Return vs Market: TRC underperformed the US Market which returned 4.2% over the past year.
|TRC Average Weekly Movement||4.2%|
|Real Estate Industry Average Movement||8.5%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.5%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: TRC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TRC's weekly volatility (4%) has been stable over the past year.
About the Company
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 Development, Mineral Resources, Farming, and Ranch Operations. The Commercial/Industrial Real Estate Development segment engages in the planning and permitting of land for development; construction of infrastructure projects, pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own development.
Tejon Ranch Fundamentals Summary
|TRC fundamental statistics|
Is TRC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TRC income statement (TTM)|
|Cost of Revenue||US$44.04m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.071|
|Net Profit Margin||3.59%|
How did TRC perform over the long term?See historical performance and comparison
Is Tejon Ranch undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TRC ($16.7) is trading above our estimate of fair value ($1.28)
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 (236.3x) compared to the US Real Estate industry average (15.7x).
PE vs Market: TRC is poor value based on its PE Ratio (236.3x) compared to the US market (16.5x).
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 (1.6x).
How is Tejon Ranch forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Tejon Ranch 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.
How has Tejon Ranch performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRC has high quality earnings.
Growing Profit Margin: TRC's current net profit margins (3.6%) are lower than last year (18.6%).
Past Earnings Growth Analysis
Earnings Trend: TRC's earnings have grown significantly by 29.3% per year over the past 5 years.
Accelerating Growth: TRC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TRC had negative earnings growth (-79.5%) over the past year, making it difficult to compare to the Real Estate industry average (85.5%).
Return on Equity
High ROE: TRC's Return on Equity (0.4%) is considered low.
How is Tejon Ranch's financial position?
Financial Position Analysis
Short Term Liabilities: TRC's short term assets ($61.8M) exceed its short term liabilities ($14.8M).
Long Term Liabilities: TRC's short term assets ($61.8M) do not cover its long term liabilities ($75.8M).
Debt to Equity History and Analysis
Debt Level: TRC's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: TRC's debt to equity ratio has reduced from 27.1% to 12.7% over the past 5 years.
Debt Coverage: TRC's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: Insufficient data to determine if TRC's interest payments on its debt are well covered by EBIT.
What is Tejon Ranch current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TRC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TRC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Greg Bielli (60 yo)
Mr. Gregory S. Bielli, also known as Greg, has been the President and Chief Executive Officer of Tejon Ranch Co. since September 2013 and December 17, 2013 respectively. Mr. Bielli served as Regional Presi...
CEO Compensation Analysis
Compensation vs Market: Greg 's total compensation ($USD7.65M) is above average for companies of similar size in the US market ($USD1.70M).
Compensation vs Earnings: Greg 's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: TRC's management team is considered experienced (4.6 years average tenure).
Experienced Board: TRC's board of directors are considered experienced (9.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tejon Ranch Co.'s employee growth, exchange listings and data sources
- Name: Tejon Ranch Co.
- Ticker: TRC
- Exchange: NYSE
- Founded: 1843
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Implied Market Cap: US$440.206m
- Shares outstanding: 26.36m
- Website: https://tejonranch.com
Number of Employees
- Tejon Ranch Co.
- 4436 Lebec Road
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/22 23:34|
|End of Day Share Price||2022/01/21 00:00|
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.