A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
TRANSCONTINENTAL REALTY INVESTORS INC
TCI
$355M
Mkt Cap
$41.18
+1.91%
TRANSCONTINENTAL REALTY INVESTORS INC (TCI) has a current P/E ratio of 60.6, compared to its historical median P/E of 33.3. The stock is currently considered Expensive based on its historical valuation range.
TRANSCONTINENTAL REALTY INVESTORS INC (TCI) has a 5-year average return on invested capital (ROIC) of 14.4%. This indicates solid capital allocation.
TRANSCONTINENTAL REALTY INVESTORS INC (TCI) has a market capitalization of $356M. It is classified as a small-cap stock.
TRANSCONTINENTAL REALTY INVESTORS INC (TCI) does not currently pay a regular dividend.
Based on historical P/E analysis, TRANSCONTINENTAL REALTY INVESTORS INC (TCI) appears expensive. The current P/E of 60.6 is 82% above its historical median of 33.3. The estimated fair value CAGR (P/E method) is -14.4%.
TRANSCONTINENTAL REALTY INVESTORS INC (TCI) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
Transcontinental Realty Investors, Inc. (the “Company”), a Nevada Corporation, is a fully integrated externally managed real estate company. We operate high quality multifamily and commercial properties throughout the Southern United States. We also invest in mortgage notes receivable and in land that is either held for appreciation or development. As used herein, the terms “TCI”, “the Company”, “We”, “Our”, or “Us” refer to the Company. Corporate Structure Substantially all of our assets are held by our wholly-owned subsidiary, Southern Properties Capital Ltd. (“SPC”), which was formed to raise funds by issuing non-convertible bonds that were listed and traded on the Tel-Aviv Stock Exchange ("TASE"). As of December 31, 2024, we owned approximately 83.2% of the common stock of Income Opportunity Realty Investors, Inc. (“IOR”), a Nevada Corporation, whose common stock is listed and traded on the NYSE American under the symbol “IOR”.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 49M | 47M | 50M | - | 41M | 57M |
| Net Income | 5.6M | 5.9M | 5.9M | 468M | 9.4M | 6.7M |
| EPS | $0.65 | $0.68 | $0.69 | $54.20 | $1.09 | $0.77 |
| Free Cash Flow | 0 | 1.3M | -31M | -45M | -11M | 5.6M |
| ROIC | -0.2% | 0.6% | 0.6% | 62.6% | 1.8% | 6.7% |
| Gross Margin | - | 73.9% | 72.7% | - | 70.9% | 74.1% |
| Debt/Equity | 0.27 | 0.22 | 0.22 | 0.23 | 0.50 | 0.69 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -4.5M | -5.8M | -10.0M | 589M | -16M | 36M |
| Operating Margin | -9.3% | -12.3% | -20.0% | - | -39.6% | 63.2% |
| ROE | 0.7% | 0.7% | 0.7% | 57.1% | 2.7% | 2.0% |
| Shares Outstanding | 9M | 9M | 9M | 9M | 9M | 9M |
| Metric | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 118M | 125M | 121M | 48M | 57M | 41M | N/A | 50M | 47M | 49M |
| Gross Margin | 47.7% | 49.6% | 50.9% | 72.2% | 74.1% | 70.9% | N/A | 72.7% | 73.9% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT | 18M | 20M | 16M | -7.7M | 36M | -16M | 589M | -10.0M | -5.8M | -4.5M |
| Op. Margin | 14.9% | 16.1% | 13.3% | -15.9% | 63.2% | -39.6% | N/A | -20.0% | -12.3% | -9.3% |
| Net Income | -863K | -17M | 181M | -27M | 6.7M | 9.4M | 468M | 5.9M | 5.9M | 5.6M |
| Net Margin | -0.7% | -13.3% | 149.3% | -56.0% | 11.7% | 23.0% | N/A | 11.9% | 12.5% | 11.5% |
| Non-Recurring | 16M | 9.8M | 154M | 15M | 32M | 23M | 89M | 1.9M | 589K | 589K |
| Returns on Capital | ||||||||||
| ROIC | 7.9% | 3.2% | 28.3% | -1.5% | 6.7% | 1.8% | 62.6% | 0.6% | 0.6% | -0.2% |
| ROE | -0.4% | -8.1% | 50.2% | -8.1% | 2.0% | 2.7% | 57.1% | 0.7% | 0.7% | 0.7% |
| ROA | N/A | -1.3% | 20.9% | -3.1% | 0.8% | 1.2% | 38.4% | 0.6% | 0.6% | 4.3% |
| Cash Flow | ||||||||||
| Op. Cash Flow | 2.2M | -25M | -181M | -36M | 5.6M | -11M | -45M | -31M | 1.3M | -18M |
| Free Cash Flow | -78M | -62M | -181M | -36M | 5.6M | -11M | -45M | -31M | 1.3M | 0 |
| Owner Earnings | -21M | -51M | -204M | -51M | -13M | -26M | -59M | -46M | -11M | -30M |
| CapEx | 80M | 37M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Maint. CapEx | 24M | 26M | 23M | 16M | 19M | 15M | 13M | 15M | 13M | 13M |
| Growth CapEx | 56M | 11M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |
| D&A | 24M | 26M | 23M | 16M | 19M | 15M | 13M | 15M | 13M | 13M |
| CapEx/OCF | 3616.1% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | ||||||||||
| Dividends Paid | 900K | 900K | 900K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | 1.0% | 0.4% | 0.3% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt Repayment | 0 | 6.9M | 5.3M | 3.8M | 0 | 4.1M | 1.4M | 435K | 0 | 0 |
| Balance Sheet | ||||||||||
| Net Debt | N/A | 859M | 241M | 190M | 199M | 110M | -49M | 52M | 82M | 141M |
| Cash & Equiv. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 83M |
| Long-Term Debt | N/A | 892M | 277M | 242M | 236M | 177M | 184M | 179M | 182M | 182M |
| Debt/Equity | N/A | 4.72 | 0.77 | 0.73 | 0.69 | 0.50 | 0.23 | 0.22 | 0.22 | 0.27 |
| Interest Coverage | 0.3 | 0.3 | 0.3 | -1.5 | 1.2 | -0.7 | 34.0 | -1.1 | -0.8 | -0.8 |
| Equity | 224M | 189M | 360M | 333M | 342M | 351M | 819M | 826M | 832M | 838M |
| Total Assets | N/A | 1.3B | 862M | 866M | 879M | 788M | 1.2B | 1.0B | 1.1B | 131M |
| Total Liabilities | N/A | 1.1B | 482M | 512M | 518M | 417M | 378M | 196M | 218M | 49M |
| Intangibles | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | N/A | -80M | 102M | 75M | 81M | 91M | 559M | 565M | 571M | 571M |
| Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Per Share Data | ||||||||||
| EPS | -0.10 | -1.92 | 20.71 | -3.09 | 0.77 | 1.09 | 54.20 | 0.69 | 0.68 | 0.65 |
| Owner EPS | -2.49 | -5.82 | -23.39 | -5.89 | -1.49 | -3.02 | -6.77 | -5.30 | -1.30 | -3.53 |
| Book Value | 26.01 | 21.73 | 41.26 | 38.18 | 39.46 | 40.73 | 94.85 | 96.00 | 96.55 | 97.04 |
| Cash Flow/Share | 0.26 | -2.88 | -20.78 | -4.10 | 0.65 | -1.27 | -5.25 | -3.61 | 0.15 | 2.10 |
| Dividends/Share | 0.10 | 0.10 | 0.10 | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 8.6M | 8.7M | 8.7M | 8.7M | 8.7M | 8.6M | 8.6M | 8.6M | 8.6M | 8.6M |
| Valuation | ||||||||||
| P/E Ratio | N/A | N/A | 1.3 | N/A | 30.9 | 35.8 | 0.8 | 50.1 | 43.0 | 63.4 |
| P/FCF | N/A | N/A | N/A | N/A | 36.6 | N/A | N/A | N/A | 192.6 | N/A |
| EV/EBIT | N/A | 56.5 | 29.6 | N/A | 11.2 | N/A | 0.6 | N/A | N/A | N/A |
| Price/Book | 0.5 | 1.5 | 0.7 | 1.1 | 0.6 | 1.0 | 0.5 | 0.4 | 0.3 | 0.4 |
| Price/Sales | 0.8 | 1.6 | 2.5 | 5.6 | 4.0 | 6.5 | N/A | 6.3 | 5.8 | 7.3 |
| FCF Yield | -76.6% | -22.5% | -76.4% | -10.0% | 2.7% | -3.3% | -11.9% | -10.4% | 0.5% | N/A |
| Market Cap | 101M | 277M | 237M | 356M | 206M | 336M | 381M | 297M | 252M | 356M |
| Avg. Price | 10.45 | 23.43 | 35.27 | 30.62 | 26.27 | 30.56 | 41.09 | 36.62 | 31.55 | 41.18 |
| Year-End Price | 11.73 | 31.77 | 27.19 | 40.90 | 23.77 | 39.00 | 44.06 | 34.56 | 29.27 | 41.18 |
TRANSCONTINENTAL REALTY INVESTORS INC passes 3 of 9 quality checks, indicating weak fundamentals.
TRANSCONTINENTAL REALTY INVESTORS INC trades at 60.6x trailing earnings, compared to its 15-year median P/E of 33.3x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 271.0x vs a median of 36.6x. The company's 5-year average ROIC is 14.4% with a gross margin of 72.9%. At current prices, the estimated annualized return to fair value is +1.7%.
TRANSCONTINENTAL REALTY INVESTORS INC (TCI) reported annual revenue of $47 million in its most recent fiscal year, based on SEC EDGAR filings.
TRANSCONTINENTAL REALTY INVESTORS INC (TCI) has a net profit margin of 12.5%. This is a healthy margin.
TRANSCONTINENTAL REALTY INVESTORS INC (TCI) generated $1 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
TRANSCONTINENTAL REALTY INVESTORS INC (TCI) has a debt-to-equity ratio of 0.22. This indicates a conservatively financed balance sheet.
TRANSCONTINENTAL REALTY INVESTORS INC (TCI) reported earnings per share (EPS) of $0.68 in its most recent fiscal year.
TRANSCONTINENTAL REALTY INVESTORS INC (TCI) has a return on equity (ROE) of 0.7%. This indicates moderate shareholder returns.
TRANSCONTINENTAL REALTY INVESTORS INC (TCI) has a 5-year average gross margin of 72.9%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 9 years of financial data for TRANSCONTINENTAL REALTY INVESTORS INC (TCI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
TRANSCONTINENTAL REALTY INVESTORS INC (TCI) has a book value per share of $96.55, based on its most recent annual SEC filing.