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Zoned Properties

OTCPK:ZDPY
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ZDPY
OTCPK
$4M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Zoned Properties, Inc., a real estate development firm, engages in operating, leasing, and managing commercial properties in the United States. The last earnings update was 13 days ago. More info.


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  • Zoned Properties has significant price volatility in the past 3 months.
ZDPY Share Price and Events
7 Day Returns
-1.5%
OTCPK:ZDPY
-0.4%
US Real Estate
-1.4%
US Market
1 Year Returns
-61.2%
OTCPK:ZDPY
-15.7%
US Real Estate
1.6%
US Market
ZDPY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Zoned Properties (ZDPY) -1.5% -10.8% -10.8% -61.2% -91.5% -99.5%
US Real Estate -0.4% -8.6% -11.1% -15.7% 14.9% 0.8%
US Market -1.4% -3.9% 0.2% 1.6% 33.2% 38.2%
1 Year Return vs Industry and Market
  • ZDPY underperformed the Real Estate industry which returned -15.7% over the past year.
  • ZDPY underperformed the Market in United States of America which returned 1.6% over the past year.
Price Volatility
ZDPY
Industry
5yr Volatility vs Market

Value

 Is Zoned Properties undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Zoned Properties to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Zoned Properties.

OTCPK:ZDPY Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 10.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:ZDPY
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.11
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.111 (1 + (1- 21%) (51.43%))
1.377
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.38
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.377 * 5.96%)
10.94%

Discounted Cash Flow Calculation for OTCPK:ZDPY using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Zoned Properties is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:ZDPY DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.94%)
2019 0.25 Est @ 2.2% 0.23
2020 0.26 Est @ 2.36% 0.21
2021 0.27 Est @ 2.47% 0.19
2022 0.27 Est @ 2.55% 0.18
2023 0.28 Est @ 2.6% 0.17
2024 0.29 Est @ 2.64% 0.15
2025 0.29 Est @ 2.67% 0.14
2026 0.30 Est @ 2.69% 0.13
2027 0.31 Est @ 2.7% 0.12
2028 0.32 Est @ 2.71% 0.11
Present value of next 10 years cash flows $1.64
OTCPK:ZDPY DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $0.32 × (1 + 2.73%) ÷ (10.94% – 2.73%)
$3.99
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $3.99 ÷ (1 + 10.94%)10
$1.41
OTCPK:ZDPY Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1.64 + $1.41
$3.06
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $3.06 / 11.90
$0.26
OTCPK:ZDPY Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.26
Current discount Discount to share price of $0.33
= -1 x ($0.33 - $0.26) / $0.26
-28.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Zoned Properties is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Zoned Properties's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Zoned Properties's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:ZDPY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.13
OTCPK:ZDPY Share Price ** OTCPK (2019-05-24) in USD $0.33
United States of America Real Estate Industry PE Ratio Median Figure of 26 Publicly-Listed Real Estate Companies 15.15x
United States of America Market PE Ratio Median Figure of 3,084 Publicly-Listed Companies 17.44x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Zoned Properties.

OTCPK:ZDPY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:ZDPY Share Price ÷ EPS (both in USD)

= 0.33 ÷ -0.13

-2.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zoned Properties is loss making, we can't compare its value to the US Real Estate industry average.
  • Zoned Properties is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Zoned Properties's expected growth come at a high price?
Raw Data
OTCPK:ZDPY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.44x
United States of America Market PEG Ratio Median Figure of 2,121 Publicly-Listed Companies 1.51x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Zoned Properties, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Zoned Properties's assets?
Raw Data
OTCPK:ZDPY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.50
OTCPK:ZDPY Share Price * OTCPK (2019-05-24) in USD $0.33
United States of America Real Estate Industry PB Ratio Median Figure of 51 Publicly-Listed Real Estate Companies 1.45x
United States of America Market PB Ratio Median Figure of 5,207 Publicly-Listed Companies 1.8x
OTCPK:ZDPY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:ZDPY Share Price ÷ Book Value per Share (both in USD)

= 0.33 ÷ 0.50

0.66x

* Primary Listing of Zoned Properties.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zoned Properties is good value based on assets compared to the US Real Estate industry average.
X
Value checks
We assess Zoned Properties's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Zoned Properties has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Zoned Properties expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Zoned Properties 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.8%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Zoned Properties expected to grow at an attractive rate?
  • Unable to compare Zoned Properties's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Zoned Properties's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Zoned Properties's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:ZDPY Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 3.8%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:ZDPY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:ZDPY Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 1 0 -2
2018-12-31 1 0 -2
2018-09-30 2 0 -2
2018-06-30 2 0 -2
2018-03-31 2 0 1
2017-12-31 2 0 1
2017-09-30 2 0 1
2017-06-30 2 0 1
2017-03-31 2 0 1
2016-12-31 2 0 -1
2016-09-30 2 0 -1
2016-06-30 2 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Zoned Properties is high growth as no earnings estimate data is available.
  • Unable to determine if Zoned Properties is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:ZDPY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Zoned Properties Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ZDPY Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.13
2018-12-31 -0.12
2018-09-30 -0.10
2018-06-30 -0.09
2018-03-31 0.03
2017-12-31 0.07
2017-09-30 0.05
2017-06-30 0.05
2017-03-31 0.03
2016-12-31 -0.03
2016-09-30 -0.03
2016-06-30 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Zoned Properties will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Zoned Properties's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Zoned Properties's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Zoned Properties's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Zoned Properties's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Zoned Properties has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Zoned Properties performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Zoned Properties's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Zoned Properties does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Zoned Properties's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Zoned Properties's 1-year growth to the US Real Estate industry average as it is not currently profitable.
Earnings and Revenue History
Zoned Properties's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Zoned Properties Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ZDPY Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 0.98 -2.16 0.92
2018-12-31 1.24 -2.03 0.94
2018-09-30 1.51 -1.71 0.89
2018-06-30 1.78 -1.56 0.91
2018-03-31 2.11 0.55 0.94
2017-12-31 2.11 1.24 0.97
2017-09-30 2.12 0.90 1.29
2017-06-30 2.08 0.81 1.35
2017-03-31 1.98 0.53 1.46
2016-12-31 1.85 -0.50 1.67
2016-09-30 1.81 -0.56 1.68
2016-06-30 1.73 -0.98 1.98
2016-03-31 1.61 -1.42 2.35
2015-12-31 1.42 -1.37 2.12
2015-09-30 1.17 -1.90 1.75
2014-12-31 0.47 -5.74 5.03
2013-12-31 -0.79 0.57
2012-09-30 -0.03 0.04
2012-06-30 0.01 0.03

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Zoned Properties has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Zoned Properties has efficiently used its assets last year compared to the US Real Estate industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Zoned Properties improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Zoned Properties's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Zoned Properties has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Zoned Properties's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Zoned Properties's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Zoned Properties is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Zoned Properties's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Zoned Properties's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Zoned Properties Company Filings, last reported 1 month ago.

OTCPK:ZDPY Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 5.95 2.02 0.44
2018-12-31 5.92 2.02 0.35
2018-09-30 6.06 2.02 0.69
2018-06-30 6.03 2.02 0.76
2018-03-31 8.03 2.02 0.92
2017-12-31 7.83 2.02 0.82
2017-09-30 7.61 2.02 0.79
2017-06-30 7.39 2.02 0.93
2017-03-31 7.22 3.02 2.13
2016-12-31 6.18 3.10 0.37
2016-09-30 5.97 3.10 0.61
2016-06-30 5.74 3.10 0.82
2016-03-31 5.80 3.10 1.05
2015-12-31 5.74 3.10 1.28
2015-09-30 5.74 3.10 1.36
2014-12-31 6.61 3.10 1.07
2013-12-31 -0.15 0.25 0.01
2012-09-30 0.04 0.00 0.20
2012-06-30 -0.16 0.00
  • Zoned Properties's level of debt (33.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (62.6% vs 33.9% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Zoned Properties has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Zoned Properties has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by % per year.
X
Financial health checks
We assess Zoned Properties's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Zoned Properties has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Zoned Properties's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Zoned Properties dividends.
If you bought $2,000 of Zoned Properties shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Zoned Properties's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Zoned Properties's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:ZDPY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2007 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Zoned Properties has not reported any payouts.
  • Unable to verify if Zoned Properties's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Zoned Properties's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Zoned Properties has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Zoned Properties's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Zoned Properties afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Zoned Properties has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Zoned Properties's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bryan McLaren
COMPENSATION $210,750
AGE 31
TENURE AS CEO 5.1 years
CEO Bio

Mr. Bryan McLaren has been the Chief Executive Officer and President of Zoned Properties Inc. since April 2014 and also serves as its Treasurer and Secretary. Mr. McLaren has been Interim Chief Financial Officer of Zoned Properties, Inc. since May 23, 2018. He served as Interim Chief Executive Officer of Zoned Properties Inc. since March 31, 2014. He served as the Chief Sustainability Officer and Vice President of Operations at Zoned Properties Inc. from February 13, 2014 to March 31, 2014. For nearly a decade, Mr. McLaren has been working across a variety of roles in the sustainability industry. He has worked as a leader in the higher education industry as the Sustainability Manager for Northern Arizona University in Flagstaff, Arizona. In this role, he worked directly with other leaders across the country to shape the future of sustainability in higher education. He has been the Chairman of Zoned Properties Inc. since April 2014. He has been a Director of Zoned Properties Inc. since April 2014 While in Flagstaff, the Mayor and City Council appointed Mr. McLaren as a Flagstaff Sustainability Commissioner to help guide sustainable development. He worked as a Sustainability Consultant for Waste Management, Inc., from February 2013 to February 2014. As part of Waste Management's sustainability consulting department, he took on a dedicated role as sustainability consultant and project manager for one of the company's largest clients in higher education, Arizona State University. He led the strategic development and operational implementation of the Zero Waste program at Arizona State University, an institution with over 85,000 students, faculty and staff. Mr. McLaren holds a Bachelors of Business Administration (B.B.A.) with an emphasis on ethical studies from the University of San Diego, a Masters Degree in Sustainable Community Development (M.A.) from Northern Arizona University and is trained in sustainable architecture design with an accreditation as a Green Roof Professional (G.R.P.). He also holds Masters of Business Administration Degree with an emphasis on Sustainable Development.

CEO Compensation
  • Bryan's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Bryan's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Bryan McLaren

TITLE
CEO, CFO
COMPENSATION
$211K
AGE
31
TENURE
5.1 yrs
Board of Directors Tenure

Average tenure and age of the Zoned Properties board of directors in years:

4.6
Average Tenure
57
Average Age
  • The tenure for the Zoned Properties board of directors is about average.
Board of Directors

Bryan McLaren

TITLE
CEO, CFO
COMPENSATION
$211K
AGE
31
TENURE
5.1 yrs

Art Friedman

TITLE
Independent Director
COMPENSATION
$42K
AGE
57
TENURE
4.6 yrs

Alex McLaren

TITLE
Director
COMPENSATION
$18K
AGE
66
TENURE
4.6 yrs

David Honaman

TITLE
Independent Director
COMPENSATION
$11K
AGE
65
TENURE
2.7 yrs

Derek Overstreet

TITLE
Independent Director
COMPENSATION
$7K
AGE
31
TENURE
2.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Zoned Properties's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Zoned Properties has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Zoned Properties, Inc., a real estate development firm, engages in operating, leasing, and managing commercial properties in the United States. The company primarily focuses on the properties within the medical marijuana industry. It offers project development, including architectural design and subsequent build-out, utility installation, property management, facilities management, and security system installation services, as well as strategic advisory services. The company was formerly known as Vanguard Minerals Corporation and changed its name to Zoned Properties Inc. in October 2013. Zoned Properties Inc. was founded in 2003 and is headquartered in Scottsdale, Arizona.

Details
Name: Zoned Properties, Inc.
ZDPY
Exchange: OTCPK
Founded: 2003
$3,927,510
11,901,548
Website: http://www.zonedproperties.com
Address: Zoned Properties, Inc.
14269 North 87th Street,
Suite 205,
Scottsdale,
Arizona, 85260,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK ZDPY Common Shares Pink Sheets LLC US USD 25. May 2006
Number of employees
Current staff
Staff numbers
2
Zoned Properties employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 00:08
End of day share price update: 2019/05/24 00:00
Last earnings filing: 2019/05/13
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.