PEB Intrinsic Value – Pebblebrook Hotel Trust Exceeds Expectations with FFO of $0.14 and Revenue of $305.72M
April 27, 2023

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Pebblebrook Hotel Trust ($NYSE:PEB) reported FFO of $0.14 per share, surpassing analyst estimates by $0.04. The trust also reported total revenue of $305.72 million, exceeding expectations by $14.13 million. Pebblebrook Hotel Trust is a publicly-traded real estate investment trust (REIT) focused on acquiring, owning and operating upper-upscale hotels located in urban markets in major gateway cities.
Share Price
Investors have responded positively to the results, which have far exceeded expectations. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for PEB. More…
| Total Revenues | Net Income | Net Margin |
| 1.39k | -124.1 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PEB. More…
| Operations | Investing | Financing |
| 278.75 | -109.39 | -209.34 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PEB. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.13k | 3.05k | 23.71 |
Key Ratios Snapshot
Some of the financial key ratios for PEB are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 7.1% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – PEB Intrinsic Value
At GoodWhale, we conducted a detailed analysis of the fundamentals of PEBBLEBROOK HOTEL TRUST. After careful consideration, we have determined that the fair value of PEBBLEBROOK HOTEL TRUST share is around $7.2, calculated by our proprietary Valuation Line. Unfortunately, the stock is currently trading at $13.9, making it highly overvalued by 92.6%. This indicates that there is a considerable risk associated with investing in this stock and investors should conduct their own due diligence before investing. More…

Peers
The company’s portfolio consists of over 60 hotels across the United States. Park Hotels & Resorts Inc, Summit Hotel Properties Inc, Braemar Hotels & Resorts Inc are all competitors in the hotel industry.
– Park Hotels & Resorts Inc ($NYSE:PK)
The company’s market cap is $2.75 billion as of 2022. The company owns and operates a portfolio of hotels and resorts in the United States and Canada. The company’s hotels and resorts are located in major metropolitan areas, including New York City, Los Angeles, San Francisco, Boston, Chicago, and Washington, D.C. The company also operates a number of smaller hotels and resorts in select markets, including Palm Springs, Florida, and Maui, Hawaii.
– Summit Hotel Properties Inc ($NYSE:INN)
Summit Hotel Properties, Inc. is a real estate investment trust. The Company owns, acquires, redevelops and repositions premium-branded select-service and extended-stay hotels in the United States. As of December 31, 2016, the Company’s portfolio included 69 hotels with approximately 10,700 guestrooms located in 27 states. The Company operates in the hotel industry segment. The Company’s primary business is to own and acquire premium-branded select-service and extended-stay hotels in the upscale and upper midscale segments of the United States lodging industry.
– Braemar Hotels & Resorts Inc ($NYSE:BHR)
With a market cap of 259.39M as of 2022, Braemar Hotels & Resorts Inc is a company that owns, operates, develops, and invests in hotels and resorts. The company’s portfolio includes properties in North America, Europe, Asia, and Australia.
Summary
Pebblebrook Hotel Trust is a real estate investment trust focused on acquiring, owning and operating upper-upscale, full-service hotels in urban markets in the United States. Fourth Quarter Funds from Operations (FFO) of $0.14 per share beat the Zacks Consensus Estimate by $0.04 while revenue of $305.72M beat estimates by $14.13M. Going forward, the company expects to benefit from strong demand for their hotels and a healthy pipeline of acquisitions and development projects.
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