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Comstock Holding Companies

DB:CHO1
Snowflake Description

Adequate balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CHO1
DB
$17M
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

Comstock Holding Companies, Inc. operates as a real estate development and services company primarily in the mid-Atlantic region, the United States. The last earnings update was 5 days ago. More info.


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CHO1 Share Price and Events
7 Day Returns
3.3%
DB:CHO1
0.5%
DE Consumer Durables
-0.3%
DE Market
1 Year Returns
23.8%
DB:CHO1
4%
DE Consumer Durables
10.4%
DE Market
CHO1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Comstock Holding Companies (CHO1) 3.3% 11.3% -4% 23.8% 8% -67.2%
DE Consumer Durables 0.5% 5.1% 4.1% 4% -3% 13.6%
DE Market -0.3% 4.2% 12.4% 10.4% 13.9% 17.1%
1 Year Return vs Industry and Market
  • CHO1 outperformed the Consumer Durables industry which returned 4% over the past year.
  • CHO1 outperformed the Market in Germany which returned 10.4% over the past year.
Price Volatility
CHO1
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Comstock Holding Companies 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 Comstock Holding Companies 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 Comstock Holding Companies.

DB:CHO1 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 6.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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 DB:CHO1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.812 (1 + (1- 21%) (38.57%))
1.04
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.04 * 5.96%)
6.42%

Discounted Cash Flow Calculation for DB:CHO1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Comstock Holding Companies 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.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:CHO1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.42%)
2020 10.35 Est @ -10.24% 9.73
2021 9.62 Est @ -7.1% 8.49
2022 9.15 Est @ -4.9% 7.59
2023 8.84 Est @ -3.36% 6.89
2024 8.64 Est @ -2.28% 6.33
2025 8.51 Est @ -1.53% 5.85
2026 8.42 Est @ -1% 5.45
2027 8.37 Est @ -0.63% 5.08
2028 8.34 Est @ -0.38% 4.76
2029 8.32 Est @ -0.19% 4.46
Present value of next 10 years cash flows $64.00
DB:CHO1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $8.32 × (1 + 0.23%) ÷ (6.42% – 0.23%)
$134.59
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $134.59 ÷ (1 + 6.42%)10
$72.21
DB:CHO1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $64.00 + $72.21
$136.21
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $136.21 / 7.97
$17.1
DB:CHO1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:CHO1 represents 0.89048x of NasdaqCM:CHCI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.89048x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 17.10 x 0.89048
€15.22
Value per share (EUR) From above. €15.22
Current discount Discount to share price of €1.87
= -1 x (€1.87 - €15.22) / €15.22
87.7%

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

Current Discount
Amount off the current price Comstock Holding Companies is available for.
Intrinsic value
>50%
Share price is €1.87 vs Future cash flow value of €15.22
Current Discount Checks
For Comstock Holding Companies to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Comstock Holding Companies's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Comstock Holding Companies's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Comstock Holding Companies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Comstock Holding Companies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:CHO1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-0.99
NasdaqCM:CHCI Share Price ** NasdaqCM (2019-11-19) in USD $2.1
Germany Consumer Durables Industry PE Ratio Median Figure of 8 Publicly-Listed Consumer Durables Companies 16.53x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.74x

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

** Primary Listing of Comstock Holding Companies.

DB:CHO1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:CHCI Share Price ÷ EPS (both in USD)

= 2.1 ÷ -0.99

-2.12x

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

  • Comstock Holding Companies is loss making, we can't compare its value to the DE Consumer Durables industry average.
  • Comstock Holding Companies is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Comstock Holding Companies's expected growth come at a high price?
Raw Data
DB:CHO1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Consumer Durables Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Durables Companies 1x
Germany Market PEG Ratio Median Figure of 258 Publicly-Listed Companies 1.36x

*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 Comstock Holding Companies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Comstock Holding Companies's assets?
Raw Data
DB:CHO1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $0.06
NasdaqCM:CHCI Share Price * NasdaqCM (2019-11-19) in USD $2.1
Germany Consumer Durables Industry PB Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 1.69x
Germany Market PB Ratio Median Figure of 578 Publicly-Listed Companies 1.88x
DB:CHO1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:CHCI Share Price ÷ Book Value per Share (both in USD)

= 2.1 ÷ 0.06

36.69x

* Primary Listing of Comstock Holding Companies.

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

  • Comstock Holding Companies is overvalued based on assets compared to the DE Consumer Durables industry average.
X
Value checks
We assess Comstock Holding Companies'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 Consumer Durables 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 Consumer Durables industry average (and greater than 0)? (1 check)
  5. Comstock Holding Companies has a total score of 2/6, 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 Comstock Holding Companies 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 Comstock Holding Companies 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
14%
Expected Consumer Durables industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Comstock Holding Companies expected to grow at an attractive rate?
  • Unable to compare Comstock Holding Companies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Comstock Holding Companies's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Comstock Holding Companies's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:CHO1 Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 14%
Germany Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
DB:CHO1 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.
DB:CHO1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 61 12 -6
2019-06-30 60 14 -5
2019-03-31 58 19 -4
2018-12-31 57 16 -5
2018-09-30 21 14 -2
2018-06-30 31 11 -4
2018-03-31 38 4 -4
2017-12-31 45 5 -4
2017-09-30 43 -3 -5
2017-06-30 43 -10 -5
2017-03-31 42 -11 -7
2016-12-31 42 -12 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Comstock Holding Companies is high growth as no earnings estimate data is available.
  • Unable to determine if Comstock Holding Companies 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
DB:CHO1 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 Comstock Holding Companies Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CHO1 Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -0.99
2019-06-30 -1.04
2019-03-31 -1.13
2018-12-31 -1.22
2018-09-30 -0.68
2018-06-30 -1.21
2018-03-31 -1.22
2017-12-31 -1.21
2017-09-30 -1.58
2017-06-30 -1.46
2017-03-31 -2.18
2016-12-31 -2.81

*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 Comstock Holding Companies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Comstock Holding Companies'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. Comstock Holding Companies'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 Consumer Durables companies here
  3. Comstock Holding Companies's competitive advantages and company strategy can generally be found in its financial reports archived 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 Comstock Holding Companies'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Comstock Holding Companies 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 Comstock Holding Companies 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 Comstock Holding Companies's growth in the last year to its industry (Consumer Durables).
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.
  • Comstock Holding Companies does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Comstock Holding Companies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Comstock Holding Companies's 1-year growth to the DE Consumer Durables industry average as it is not currently profitable.
Earnings and Revenue History
Comstock Holding Companies'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 Comstock Holding Companies Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CHO1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 61.37 -5.51 2.53
2019-06-30 59.57 -4.66 2.32
2019-03-31 58.10 -4.25 2.21
2018-12-31 56.75 -4.52 2.27
2018-09-30 20.96 -2.49 2.91
2018-06-30 31.33 -4.28 4.33
2018-03-31 38.40 -4.21 5.52
2017-12-31 45.43 -4.09 6.79
2017-09-30 43.40 -5.24 6.59
2017-06-30 42.68 -4.86 6.58
2017-03-31 42.14 -7.25 6.79
2016-12-31 41.58 -9.34 7.19
2016-09-30 58.99 -6.66 7.85
2016-06-30 58.18 -6.62 8.54
2016-03-31 60.77 -5.43 9.19
2015-12-31 61.38 -4.57 9.49
2015-09-30 45.01 -6.28 9.28
2015-06-30 51.09 -5.35 9.17
2015-03-31 50.33 -6.20 9.01
2014-12-31 47.97 -6.84 9.12
2014-09-30 59.39 -4.58 9.24
2014-06-30 50.60 -5.16 9.19
2014-03-31 51.01 -4.33 9.14
2013-12-31 54.61 -2.03 8.71
2013-09-30 35.98 -2.87 8.91
2013-06-30 29.89 -2.03 8.89
2013-03-31 21.92 -7.30 8.77
2012-12-31 14.30 -9.45 8.66

*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 Comstock Holding Companies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Comstock Holding Companies has efficiently used its assets last year compared to the DE Consumer Durables industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Comstock Holding Companies 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 Comstock Holding Companies'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 Consumer Durables 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.
Comstock Holding Companies 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 Comstock Holding Companies'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 Comstock Holding Companies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Comstock Holding Companies's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Comstock Holding Companies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Comstock Holding Companies'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 0.8x 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 Comstock Holding Companies Company Filings, last reported 1 month ago.

DB:CHO1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 7.22 6.33 1.60
2019-06-30 7.01 6.38 1.60
2019-03-31 7.10 15.56 5.76
2018-12-31 6.63 18.93 5.78
2018-09-30 7.63 22.99 3.47
2018-06-30 11.32 26.16 5.73
2018-03-31 2.12 39.46 0.99
2017-12-31 2.61 39.39 1.81
2017-09-30 3.11 44.05 2.09
2017-06-30 4.39 42.49 2.62
2017-03-31 5.87 43.57 3.70
2016-12-31 8.38 43.70 5.76
2016-09-30 2.63 41.77 2.46
2016-06-30 0.05 38.87 3.38
2016-03-31 2.79 39.58 4.61
2015-12-31 5.44 45.08 12.45
2015-09-30 2.52 46.93 1.76
2015-06-30 3.50 49.04 6.15
2015-03-31 0.56 48.56 5.43
2014-12-31 1.86 45.93 7.50
2014-09-30 10.62 32.00 4.93
2014-06-30 12.75 31.94 4.81
2014-03-31 16.32 30.51 7.36
2013-12-31 19.06 29.97 11.90
2013-09-30 15.81 26.44 4.19
2013-06-30 15.79 24.58 11.41
2013-03-31 14.64 22.29 9.34
2012-12-31 6.38 27.63 3.54
  • Comstock Holding Companies's level of debt (87.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (305.5% vs 87.6% 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 Comstock Holding Companies has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Comstock Holding Companies has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -89.1% per year.
X
Financial health checks
We assess Comstock Holding Companies'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. Comstock Holding Companies has a total score of 4/6, 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 Comstock Holding Companies'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 Comstock Holding Companies dividends.
If you bought €2,000 of Comstock Holding Companies 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 Comstock Holding Companies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Comstock Holding Companies'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
DB:CHO1 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
Germany Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.3%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

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 Comstock Holding Companies has not reported any payouts.
  • Unable to verify if Comstock Holding Companies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Comstock Holding Companies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Comstock Holding Companies 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 Comstock Holding Companies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - 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 Comstock Holding Companies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Comstock Holding Companies 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 Comstock Holding Companies'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
Christopher Clemente
COMPENSATION $800,000
AGE 60
TENURE AS CEO 27.8 years
CEO Bio

Mr. Christopher Clemente is a Principal of Comstock Partners, L.C. Mr. Clemente founded Comstock Homebuilding Companies Inc., in 1985 and has been its Chairman and Chief Executive Officer since 1992. He has over 20 years of experience in all aspects of real estate development and home building and more than 30 years of experience as an entrepreneur. He has been a Director of Comstock Holding Companies, Inc., (alternate name Comstock Homebuilding Companies Inc.) since May 2004.

CEO Compensation
  • Christopher's compensation has increased whilst company is loss making.
  • Christopher's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Comstock Holding Companies management team in years:

1.5
Average Tenure
44.5
Average Age
  • The average tenure for the Comstock Holding Companies management team is less than 2 years, this suggests a new team.
Management Team

Christopher Clemente

TITLE
Chairman & CEO
COMPENSATION
$800K
AGE
60
TENURE
27.8 yrs

Christopher Guthrie

TITLE
Chief Financial Officer
COMPENSATION
$468K
AGE
40
TENURE
1.4 yrs

Jubal Thompson

TITLE
General Counsel & Secretary
COMPENSATION
$522K
AGE
49
TENURE
21.1 yrs

Tere Richards

TITLE
Senior Vice President of Marketing

Christopher Conover

TITLE
Executive VP of Finance & Strategic Planning
COMPENSATION
$359K
AGE
37
TENURE
1.4 yrs

Tim Steffan

TITLE
Executive Vice President of Development & Asset Management
TENURE
1.6 yrs

Mike Daugard

TITLE
Senior Vice President of Acquisitions
TENURE
0.5 yrs

Dennis Kelleher

TITLE
Division President of Washington / Baltimore Region
Board of Directors Tenure

Average tenure and age of the Comstock Holding Companies board of directors in years:

14.4
Average Tenure
60
Average Age
  • The average tenure for the Comstock Holding Companies board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

James MacCutcheon

TITLE
Independent Director
COMPENSATION
$50K
AGE
67
TENURE
14.9 yrs

Christopher Clemente

TITLE
Chairman & CEO
COMPENSATION
$800K
AGE
60
TENURE
27.8 yrs

Socrates Verses

TITLE
Independent Director
COMPENSATION
$48K
AGE
59
TENURE
14.4 yrs

David Guernsey

TITLE
Independent Director
COMPENSATION
$47K
AGE
71
TENURE
14.9 yrs

Norman Chirite

TITLE
Independent Director
COMPENSATION
$44K
AGE
57
TENURE
13.7 yrs

Bob Pincus

TITLE
Independent Director
COMPENSATION
$46K
AGE
73
TENURE
14.4 yrs

Joe Squeri

TITLE
Director
AGE
53
TENURE
4.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Comstock Holding Companies'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. Comstock Holding Companies 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

Comstock Holding Companies, Inc. operates as a real estate development and services company primarily in the mid-Atlantic region, the United States. It operates through three segments: Homebuilding, Asset Management, and Real Estate Services. The company builds multi-family units, single-family homes, townhouses, mid-rise and high-rise condominiums, and mixed-use developments. It also provides real estate management services, including strategic planning, land development, entitlement, property management, sales and marketing, workout and turnaround strategies, financing, and general construction services; and development supply chain services, including capital markets, real estate brokerage, environmental consulting, and design services. The company was formerly known as Comstock Homebuilding Companies, Inc. and changed its name to Comstock Holding Companies, Inc. in June 2012. Comstock Holding Companies, Inc. was founded in 1985 and is headquartered in Reston, Virginia.

Details
Name: Comstock Holding Companies, Inc.
CHO1
Exchange: DB
Founded: 1985
$15,100,072
7,967,325
Website: http://www.comstockcompanies.com
Address: Comstock Holding Companies, Inc.
1886 Metro Center Drive,
4th Floor,
Reston,
Virginia, 20190,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM CHCI Class A Common Stock Nasdaq Capital Market US USD 14. Dec 2004
DB CHO1 Class A Common Stock Deutsche Boerse AG DE EUR 14. Dec 2004
Number of employees
Current staff
Staff numbers
84
Comstock Holding Companies employees.
Industry
Homebuilding
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 21:01
End of day share price update: 2019/11/19 00:00
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
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.