St. Joe Intrinsic Value – St. Joe and InterContinental Hotels Group Open Hotel Indigo Downtown Panama City Marina in Florida
June 12, 2023
🌥️Trending News
The InterContinental Hotels Group (IHG) and St. Joe ($NYSE:JOE) have come together to open a new Hotel Indigo Downtown Panama City Marina in Florida. Located in St. Joe, the hotel is a welcome addition to the city, offering luxurious amenities and services to locals and visitors alike. The hotel also includes a fitness center and an outdoor pool, allowing guests to stay active even during their stay.
Additionally, the hotel is conveniently located near several popular attractions, making it easy for guests to explore the city. For those looking to enjoy a night out, the hotel has an on-site bar and lounge area where guests can relax and enjoy a cocktail or two. St. Joe has been known as an ideal place to invest in real estate for many years now, and with the recent opening of Hotel Indigo Downtown Panama City Marina in Florida, that reputation is sure to be reinforced. This new hotel offers a luxurious and convenient experience that is sure to make it one of the top destinations in the city. With its prime location and quality amenities, this hotel marks a new era for St. Joe and IHG alike.
Share Price
JOE’s second hotel brand in the area. On the same day, ST. JOE’s stock opened at $45.9 and closed at $45.5, a 1.2% decrease from its last closing price of 46.0.
The new hotel is expected to provide a boost to ST. JOE’s stock in the future as it continues to invest in real estate development and expand its hotel portfolio. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for St. Joe. More…
| Total Revenues | Net Income | Net Margin |
| 260.44 | 67.91 | 23.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for St. Joe. More…
| Operations | Investing | Financing |
| 47.58 | -135.63 | 110.43 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for St. Joe. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.47k | 813.88 | 10.88 |
Key Ratios Snapshot
Some of the financial key ratios for St. Joe are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 26.2% | 17.8% | 42.2% |
| FCF Margin | ROE | ROA |
| -77.8% | 10.9% | 4.7% |
Analysis – St. Joe Intrinsic Value
At GoodWhale, we have conducted an extensive analysis of ST. JOE‘s financials and our proprietary Valuation Line has calculated a fair value of ST. JOE share at around $45.8. This means that the current price of the ST. JOE stock, which is traded at $45.5, is a fair price. We believe that investors should consider investing in ST. JOE at this price as it is a good opportunity to profit from this stock. More…
Peers
As of February 2021, it ranked #426 on the Fortune 500 list of the largest United States corporations by total revenue. The company’s main competitors are Rockwell Land Corp, Bresler & Reiner Inc, and Cebu Landmasters Inc.
– Rockwell Land Corp ($PSE:ROCK)
Rockwell Land Corp is a real estate company that develops, manages, and markets properties in the Philippines. As of 2022, the company had a market capitalization of 7.95 billion US dollars and a return on equity of 10.07%. The company was founded in 1976 and is headquartered in Makati, Philippines. Rockwell Land Corp is one of the largest real estate developers in the Philippines and is known for developing luxury residential and commercial properties.
– Bresler & Reiner Inc ($OTCPK:BRER)
Bresler & Reiner Inc is a company that provides services to the oil and gas industry. It has a market cap of 3.83 million as of 2022 and a return on equity of -3.56%. The company has been in business for over 50 years and has a strong reputation in the industry. It is headquartered in Houston, Texas.
– Cebu Landmasters Inc ($PSE:CLI)
Cebu Landmasters Inc is a publicly-listed company in the Philippines with a market capitalization of PHP 9.25 billion as of March 31, 2022. The company is engaged in the business of real estate development, marketing, and selling of horizontal and vertical residential, office, retail, and industrial projects. As of December 31, 2020, Cebu Landmasters Inc had total assets of PHP 50.6 billion and total equity of PHP 30.4 billion. The company’s ROE for 2020 was 22.0%.
Summary
St. Joe is an attractive investment opportunity for those looking to diversify into the Florida hospitality market. Located in the heart of downtown Panama City Marina, the InterContinental Hotels Group’s Hotel Indigo provides a unique and luxurious experience to its guests. With robust occupancy rates and an enviable location, St. Joe’s management team has been able to leverage the hotel’s success to acquire other properties, further diversifying its portfolio. As a result, St. Joe has become a highly sought after investment destination, with numerous opportunities for growth and returns for investors in the long-term.
