Trinity Place Holdings
Market Cap
US$71.7m
Last Updated
2021/02/28 00:06 UTC
Data Sources
Company Financials
Executive Summary
Trinity Place Holdings Inc., a real estate holding, investment, and asset management company, engages in commercial real estate business in the United States. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Fair value with questionable track record.
Similar Companies
Share Price & News
How has Trinity Place Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TPHS is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: TPHS's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
-7.1%
TPHS
-6.3%
US Real Estate
-3.6%
US Market
1 Year Return
-32.2%
TPHS
37.8%
US Real Estate
36.4%
US Market
Return vs Industry: TPHS underperformed the US Real Estate industry which returned 169.2% over the past year.
Return vs Market: TPHS underperformed the US Market which returned 38.5% over the past year.
Shareholder returns
| TPHS | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.1% | -6.3% | -3.6% |
| 30 Day | 28.2% | 6.9% | 0.9% |
| 90 Day | 68.9% | 15.8% | 6.7% |
| 1 Year | -32.2%-32.2% | 41.3%37.8% | 39.4%36.4% |
| 3 Year | -65.3%-65.3% | 33.3%24.2% | 53.4%43.5% |
| 5 Year | -63.9%-63.9% | 68.9%48.0% | 117.3%93.0% |
Long-Term Price Volatility Vs. Market
How volatile is Trinity Place Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall St
Easy Come, Easy Go: How Trinity Place Holdings (NYSEMKT:TPHS) Shareholders Got Unlucky And Saw 79% Of Their Cash Evaporate10 months ago | Simply Wall St
Do Insiders Own Lots Of Shares In Trinity Place Holdings Inc. (NYSEMKT:TPHS)?11 months ago | Simply Wall St
Should You Worry About Trinity Place Holdings Inc.'s (NYSEMKT:TPHS) CEO Pay Cheque?Valuation
Is Trinity Place Holdings undervalued compared to its fair value and its price relative to the market?
4.23x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TPHS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TPHS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TPHS is good value based on its PE Ratio (4.2x) compared to the US Real Estate industry average (32.9x).
PE vs Market: TPHS is good value based on its PE Ratio (4.2x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TPHS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TPHS is good value based on its PB Ratio (1x) compared to the US Real Estate industry average (1.4x).
Next Steps
Future Growth
How is Trinity Place Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
46.8%
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 Trinity Place Holdings 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
- Examine whether Trinity Place Holdings 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.
- Trinity Place Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
Past Performance
How has Trinity Place Holdings performed over the past 5 years?
46.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPHS has a large one-off gain of $33.7M impacting its September 30 2020 financial results.
Growing Profit Margin: TPHS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TPHS has become profitable over the past 5 years, growing earnings by 46.9% per year.
Accelerating Growth: TPHS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TPHS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (-24.7%).
Return on Equity
High ROE: Whilst TPHS's Return on Equity (23.47%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Trinity Place Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: TPHS's short term assets ($19.9M) exceed its short term liabilities ($19.9M).
Long Term Liabilities: TPHS's short term assets ($19.9M) do not cover its long term liabilities ($224.5M).
Debt to Equity History and Analysis
Debt Level: TPHS's debt to equity ratio (316.4%) is considered high.
Reducing Debt: TPHS's debt to equity ratio has increased from 207.4% to 316.4% over the past 5 years.
Debt Coverage: TPHS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TPHS's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Trinity Place Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TPHS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TPHS'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 TPHS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TPHS'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 TPHS'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?
5.8yrs
Average management tenure
CEO
Matthew Messinger (48 yo)
7.33yrs
Tenure
US$2,145,954
Compensation
Mr. Matthew Messinger has been the Chief Executive Officer and President at Trinity Place Holdings Inc. since October 1, 2013 and has been its Director since March 9, 2016. Mr. Messinger serves as Senior V...
CEO Compensation Analysis
Compensation vs Market: Matthew's total compensation ($USD2.15M) is above average for companies of similar size in the US market ($USD511.69K).
Compensation vs Earnings: Matthew's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.33yrs | US$2.15m | 4.71% $ 3.4m | |
| Chief Financial Officer | 5.42yrs | US$600.49k | 0.28% $ 201.9k | |
| Chief Accounting Officer | 6.08yrs | US$258.30k | 0.083% $ 59.7k | |
| Executive Vice President | no data | no data | no data | |
| Senior Vice President | 3.33yrs | no data | no data |
5.8yrs
Average Tenure
52yo
Average Age
Experienced Management: TPHS's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.33yrs | US$2.15m | 4.71% $ 3.4m | |
| Independent Chairman | no data | US$116.51k | 0.18% $ 132.4k | |
| Additional Independent Director | 2.83yrs | US$95.00k | 0.52% $ 370.1k | |
| Independent Director | 8.42yrs | US$100.50k | 0.081% $ 58.4k | |
| Independent Director | 7.25yrs | US$107.50k | 0.45% $ 321.0k | |
| Independent Director | 7.25yrs | US$95.50k | 0.34% $ 246.2k |
7.3yrs
Average Tenure
61yo
Average Age
Experienced Board: TPHS's board of directors are considered experienced (7.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TPHS 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
Trinity Place Holdings Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Trinity Place Holdings Inc.
- Ticker: TPHS
- Exchange: AMEX
- Founded: 1959
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: US$71.744m
- Shares outstanding: 32.17m
- Website: https://www.tphs.com
Number of Employees
Location
- Trinity Place Holdings Inc.
- 340 Madison Avenue
- Suite 3C
- New York
- New York
- 10173
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TPHS | AMEX (NYSE MKT LLC) | Yes | Common Stock | US | USD | Sep 1983 |
Biography
Trinity Place Holdings Inc., a real estate holding, investment, and asset management company, engages in commercial real estate business in the United States. The company’s principal asset is located at 77...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/28 00:06 |
| End of Day Share Price | 2021/02/26 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.