AMEX:CKX

Stock Analysis Report

Executive Summary

CKX Lands, Inc. engages in the ownership and management of land in the United States.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has CKX Lands's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CKX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

10.4%

CKX

19.0%

US Real Estate

7.2%

US Market


1 Year Return

-15.1%

CKX

-30.9%

US Real Estate

-10.4%

US Market

Return vs Industry: CKX exceeded the US Real Estate industry which returned -30.9% over the past year.

Return vs Market: CKX underperformed the US Market which returned -10.4% over the past year.


Shareholder returns

CKXIndustryMarket
7 Day10.4%19.0%7.2%
30 Day-10.4%-30.3%-12.6%
90 Day-8.8%-37.8%-19.4%
1 Year-15.1%-15.1%-30.3%-30.9%-8.5%-10.4%
3 Year-30.4%-31.2%-15.3%-17.4%15.8%8.3%
5 Year-39.3%-40.6%-31.1%-33.2%35.8%21.0%

Price Volatility Vs. Market

How volatile is CKX Lands's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CKX Lands undervalued compared to its fair value and its price relative to the market?

66.06x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CKX ($8.5) is trading above our estimate of fair value ($0.57)

Significantly Below Fair Value: CKX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CKX is poor value based on its PE Ratio (66.1x) compared to the Real Estate industry average (15.8x).

PE vs Market: CKX is poor value based on its PE Ratio (66.1x) compared to the US market (13.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CKX is good value based on its PB Ratio (1.1x) compared to the US Real Estate industry average (1.1x).


Next Steps

Future Growth

How is CKX Lands forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.9%

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 CKX Lands 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 CKX Lands performed over the past 5 years?

-8.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CKX has a large one-off gain of $80.9K impacting its December 31 2019 financial results.

Growing Profit Margin: CKX's current net profit margins (30.8%) are lower than last year (93.3%).


Past Earnings Growth Analysis

Earnings Trend: CKX's earnings have declined by -8.1% per year over the past 5 years.

Accelerating Growth: CKX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CKX had negative earnings growth (-77.6%) over the past year, making it difficult to compare to the Real Estate industry average (10.6%).


Return on Equity

High ROE: CKX's Return on Equity (1.6%) is considered low.


Next Steps

Financial Health

How is CKX Lands's financial position?


Financial Position Analysis

Short Term Liabilities: CKX's short term assets ($6.6M) exceed its short term liabilities ($227.4K).

Long Term Liabilities: CKX's short term assets ($6.6M) exceed its long term liabilities ($187.7K).


Debt to Equity History and Analysis

Debt Level: CKX is debt free.

Reducing Debt: CKX has not had any debt for past 5 years.

Debt Coverage: CKX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CKX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if CKX's debt is covered by short term assets.


Next Steps

Dividend

What is CKX Lands's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: CKX is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CKX'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?

2.7yrs

Average board tenure


CEO

Lee Boyer (61yo)

no data

Tenure

US$38,933

Compensation

Mr. Lee W. Boyer has been President and Treasurer of CKX Lands, Inc. since August 1, 2018 and served as its Secretary until August 1, 2018. He serves as Chief Executive Officer at CKX Lands, Inc. He has be ...


CEO Compensation Analysis

Compensation vs Market: Lee's total compensation ($USD38.93K) is below average for companies of similar size in the US market ($USD602.37K).

Compensation vs Earnings: Lee's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Lee Boyer
Presidentno dataUS$38.93k0.15% $25.2k
Mary Werner
Secretary & Director16.17yrsUS$2.70k1.1% $180.8k
Daniel Englander
Independent Director1.42yrsUS$600.002.69% $443.5k
Michael White
Independent Chairmanno dataUS$2.40k19.03% $3.1m
Donald Duplechin
Independent Director2.17yrsUS$600.000.062% $10.2k
Max Hart
Independent Director4.17yrsUS$3.20k0.50% $83.3k
Eugene Minvielle
Independent Director3.17yrsUS$6.00k0.051% $8.5k
William Stream
Independent Director1.42yrsUS$600.000.50% $81.8k
Edward Ellington
Director0.25yrno datano data

2.7yrs

Average Tenure

58yo

Average Age

Experienced Board: CKX's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CKX 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

CKX Lands, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CKX Lands, Inc.
  • Ticker: CKX
  • Exchange: AMEX
  • Founded: 1930
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: US$16.511m
  • Shares outstanding: 1.94m
  • Website: https://www.ckxlands.com

Location

  • CKX Lands, Inc.
  • One Lakeside Plaza
  • 4th Floor
  • Lake Charles
  • Louisiana
  • 70601
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CKXAMEX (NYSE MKT LLC)YesCommon StockUSUSDJan 1975

Biography

CKX Lands, Inc. engages in the ownership and management of land in the United States. It operates through three segments: Oil and Gas, Surface, and Timber. The company leases its properties for minerals, such as oil and gas; raising and harvesting timber; and surface uses comprising agriculture, right of ways, and hunting. It owns approximately 13,972 net acres of land consisting of 10,522 net acres of timber lands; 2,361 net acres of agriculture lands; and 895 net acres of marsh lands, as well as 194 net acres of land that is located in metropolitan areas. The company was formerly known as Calcasieu Real Estate & Oil Co., Inc. and changed its name to CKX Lands, Inc. in May 2005. CKX Lands, Inc. was founded in 1930 and is based in Lake Charles, Louisiana. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 01:06
End of Day Share Price2020/03/26 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.