Stratus Properties Intrinsic Value – Stratus Properties Reports Impressive Q3 Earnings of $10.99 Per Share on $37.49M in Revenue
April 4, 2023
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The company reported GAAP earnings per share of $10.99 and total revenue of $37.49 million. The company owns and operates a portfolio of master-planned communities, lifestyle shopping centers and other commercial properties in Texas and Florida. These properties offer a wide variety of amenities and services, including residential, retail, medical office, hotel, office and industrial space. Stratus Properties ($NASDAQ:STRS) also specializes in land acquisitions, planning, development and management. Through its subsidiaries and joint ventures, the company has developed an extensive portfolio of world-class projects that have created jobs and stimulated economic growth.
Share Price
The stock opened at $20.1 and closed at $20.0, down by 0.3% from its prior closing price of 20.1. This underperformance is likely due to the high expectations already in place for this earnings report. The market had already priced in the positive results, leading to the slight drop in stock price after the release.
Overall, this was a great quarter for STRATUS PROPERTIES, with a significant increase in earnings and revenue compared to the same period last year. The company continues to show remarkable growth and is poised to have even better results in the upcoming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Stratus Properties. More…
| Total Revenues | Net Income | Net Margin |
| 29.16 | 158.91 | -35.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Stratus Properties. More…
| Operations | Investing | Financing |
| -66.56 | 203.32 | -119.06 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Stratus Properties. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 462.84 | 178.02 | 26.65 |
Key Ratios Snapshot
Some of the financial key ratios for Stratus Properties are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -32.4% | -24.3% | 243.4% |
| FCF Margin | ROE | ROA |
| -405.7% | 18.4% | 9.6% |
Analysis – Stratus Properties Intrinsic Value
At GoodWhale, we take a detailed look at the fundamentals of companies before making an investment. We recently conducted an analysis of STRATUS PROPERTIES and have determined that their stock is undervalued. According to our proprietary Valuation Line, the fair value of STRATUS PROPERTIES shares is around $28.0, yet the stock is currently trading at $20.0. This means there is currently a 28.5% discount being offered on this stock. We believe that this presents a great buying opportunity for those looking to get into STRATUS PROPERTIES. More…
Peers
The company’s properties include office, retail, and residential properties. Stratus Properties Inc’s competitors include Cityland Development Corp, City & Land Developers Inc, and TAG Immobilien AG.
– Cityland Development Corp ($PSE:CDC)
Land Development Corporation is a real estate company that engages in the acquisition, development, and sale of commercial and residential properties in the United States. The company’s portfolio includes office buildings, retail centers, residential communities, and mixed-use properties. It also provides property management services.
– City & Land Developers Inc ($PSE:LAND)
City & Land Developers Inc is a publicly traded company with a market capitalization of 1.11 billion as of 2022. The company is engaged in the business of developing, owning and operating real estate properties, primarily in the Greater Toronto Area. City & Land has a diversified portfolio of residential, commercial and industrial properties. The company’s return on equity was 11.23% as of 2022.
– TAG Immobilien AG ($LTS:0JK4)
Deutsche Wohnen is one of the largest residential real estate companies in Europe with a market cap of 1.11B as of 2022. The company’s return on equity is 14.59%. Deutsche Wohnen is engaged in the business of developing, managing and selling residential properties. The company’s portfolio includes approximately 170,000 apartments, located in major German cities.
Summary
Stratus Properties is an investment opportunity with potential. In the most recent quarter, the company reported a Gaap earnings per share of $10.99 and revenue of $37.49 million. The company has a strong balance sheet with no long-term debt and healthy cash reserves.
The stock is trading at a relatively low price, making it attractive to investors seeking value. Overall, Stratus Properties is an attractive investment opportunity for those looking for value and growth.
