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25.74 (1y: +47%)
Market Cap 4.29 B P/E(ttm) 47.30
Enterprise Value 8.9 B P/B 3.20
CBL- NYSE (USA)
CBL & Associates Properties, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$25.74
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry		 vs
history
Cash to Debt 0.016
CBL's Cash to Debt is ranked lower than
330033% of the 303 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.06 vs. CBL: 0.016 )
CBL' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: 0.02
Equity to Asset 0.144
CBL's Equity to Asset is ranked lower than
305810% of the 327 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.48 vs. CBL: 0.144 )
CBL' s 10-Year Equity to Asset Range
Min: 0.06   Max: 0.21
Current: 0.14
0.06
0.21
Interest Coverage 1.6
CBL's Interest Coverage is ranked lower than
352112% of the 284 Companies
in the Global REIT - Retail industry.

( Industry Median: 2.30 vs. CBL: 1.6 )
CBL' s 10-Year Interest Coverage Range
Min: 1   Max: 2
Current: 1.6
1
2
F-Score: 8
Z-Score: 0.48
M-Score: -2.38
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry		 vs
history
Operating margin (%) 36.60
CBL's Operating margin (%) is ranked lower than
333333% of the 300 Companies
in the Global REIT - Retail industry.

( Industry Median: 38.40 vs. CBL: 36.60 )
CBL' s 10-Year Operating margin (%) Range
Min: 19.8   Max: 47.5
Current: 36.6
19.8
47.5
Net-margin (%) 12.7
CBL's Net-margin (%) is ranked lower than
367647% of the 272 Companies
in the Global REIT - Retail industry.

( Industry Median: 42.30 vs. CBL: 12.7 )
CBL' s 10-Year Net-margin (%) Range
Min: -1.4   Max: 21.6
Current: 12.7
-1.4
21.6
ROE (%) 9.9
CBL's ROE (%) is ranked lower than
374531% of the 267 Companies
in the Global REIT - Retail industry.

( Industry Median: 7.80 vs. CBL: 9.9 )
CBL' s 10-Year ROE (%) Range
Min: -1.3   Max: 17.2
Current: 9.9
-1.3
17.2
ROA (%) 1.9
CBL's ROA (%) is ranked lower than
373134% of the 268 Companies
in the Global REIT - Retail industry.

( Industry Median: 3.80 vs. CBL: 1.9 )
CBL' s 10-Year ROA (%) Range
Min: -0.2   Max: 3.4
Current: 1.9
-0.2
3.4
ROC (Joel Greenblatt) (%) 6.30
CBL's ROC (Joel Greenblatt) (%) is ranked lower than
469483% of the 213 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.40 vs. CBL: 6.30 )
CBL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 3.4   Max: 8.3
Current: 6.3
3.4
8.3
Revenue Growth (%) -10.1
CBL's Revenue Growth (%) is ranked lower than
1282050% of the 78 Companies
in the Global REIT - Retail industry.

( Industry Median: 3.30 vs. CBL: -10.1 )
CBL' s 10-Year Revenue Growth (%) Range
Min: -19.6   Max: 12.1
Current: -10.1
-19.6
12.1
EBITDA Growth (%) -7
CBL's EBITDA Growth (%) is ranked lower than
1086955% of the 92 Companies
in the Global REIT - Retail industry.

( Industry Median: 8.30 vs. CBL: -7 )
CBL' s 10-Year EBITDA Growth (%) Range
Min: -20.5   Max: 26.1
Current: -7
-20.5
26.1
ยป CBL's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

CBL Guru Trades in Q2 2012

David Dreman 2,008,411 sh (+0.27%)
Bruce Kovner Sold Out
Steven Cohen 22,186 sh (-11%)
Chris Davis 1,995,045 sh (-15.86%)
Manning & Napier Advisors, Inc 173,650 sh (-16.85%)
Jim Simons 301,538 sh (-59.23%)
» More
Q3 2012

CBL Guru Trades in Q3 2012

Louis Moore Bacon 350,000 sh (New)
First Pacific Advisors 100,000 sh (New)
Jim Simons 609,717 sh (+102.2%)
Chris Davis 2,046,922 sh (+2.6%)
Manning & Napier Advisors, Inc 173,650 sh (unchged)
David Dreman 1,628,214 sh (-18.93%)
Steven Cohen 17,025 sh (-23.26%)
» More
Q4 2012

CBL Guru Trades in Q4 2012

Jim Simons 1,619,517 sh (+165.62%)
Louis Moore Bacon 575,000 sh (+64.29%)
First Pacific Advisors Sold Out
Manning & Napier Advisors, Inc Sold Out
David Dreman 1,598,549 sh (-1.82%)
Steven Cohen 16,611 sh (-2.43%)
Chris Davis 1,179,156 sh (-42.39%)
» More
Q1 2013

CBL Guru Trades in Q1 2013

Jim Simons 2,539,017 sh (+56.78%)
Louis Moore Bacon Sold Out
Steven Cohen Sold Out
David Dreman 1,500,707 sh (-6.12%)
Chris Davis 1,051,255 sh (-10.85%)
» More
» Details

Insider Trades

Latest Guru Trades with CBL

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
George Soros 2010-12-31 Sold Out $13.39 - $18.47 $ 25.7457%0
George Soros 2010-09-30 New Buy$11.2 - $14.66 $ 25.7499%11200
David Dreman 2010-03-31 New Buy0.76%$9.58 - $15.35 $ 25.74120%2344940
Premium More recent guru trades are included for Premium Members only!!

Preferred stocks of CBL & Associates Properties, Inc.

SymbolPriceYieldDescription
CBLPRD0.007.15
CBLPRE0.003.09Deposit Shs Repr 1/10th Cum Red Pfd Shs Series -E-

Ratios

vs
industry		 vs
history
P/E(ttm) 47.30
CBL's P/E(ttm) is ranked lower than
371747% of the 269 Companies
in the Global REIT - Retail industry.

( Industry Median: 19.90 vs. CBL: 47.30 )
CBL' s 10-Year P/E(ttm) Range
Min: 6.78   Max: 304
Current: 47.3
6.78
304
P/B 3.20
CBL's P/B is ranked lower than
303951% of the 329 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.30 vs. CBL: 3.20 )
CBL' s 10-Year P/B Range
Min: 0.19   Max: 3.2
Current: 3.2
0.19
3.2
P/S 3.86
CBL's P/S is ranked lower than
294985% of the 339 Companies
in the Global REIT - Retail industry.

( Industry Median: 6.95 vs. CBL: 3.86 )
CBL' s 10-Year P/S Range
Min: 0.12   Max: 3.96
Current: 3.86
0.12
3.96
PFCF 28.30
CBL's PFCF is ranked lower than
500000% of the 200 Companies
in the Global REIT - Retail industry.

( Industry Median: 17.40 vs. CBL: 28.30 )
CBL' s 10-Year PFCF Range
Min: 2.54   Max: 34.76
Current: 28.3
2.54
34.76
EV-to-EBIT 23.3
CBL's EV-to-EBIT is ranked lower than
323624% of the 309 Companies
in the Global REIT - Retail industry.

( Industry Median: 27.00 vs. CBL: 23.3 )
CBL' s 10-Year EV-to-EBIT Range
Min: 0.4   Max: 104.6
Current: 23.3
0.4
104.6
Shiller P/E 76.9
CBL's Shiller P/E is ranked lower than
100% of the Companies
in the Global REIT - Retail industry.

( Industry Median: vs. CBL: 76.9 )
CBL' s 10-Year Shiller P/E Range
Min: 1.49   Max: 80.09
Current: 76.9
1.49
80.09

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 3.46
CBL's Dividend Yield is ranked lower than
331125% of the 302 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.40 vs. CBL: 3.46 )
CBL' s 10-Year Dividend Yield Range
Min: 2.61   Max: 88.41
Current: 3.46
2.61
88.41
Dividend Payout 1.2986
CBL's Dividend Payout is ranked lower than
413223% of the 242 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.16 vs. CBL: 1.2986 )
CBL' s 10-Year Dividend Payout Range
Min: 0.58   Max: 4.2
Current: 1.3
0.58
4.2
Dividend growth (3y) 11
CBL's Dividend growth (3y) is ranked lower than
1162790% of the 86 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.70 vs. CBL: 11 )
CBL' s 10-Year Dividend growth (3y) Range
Min: -25.5   Max: 11
Current: 11
-25.5
11
Yield on cost (5-Year) 1.79
CBL's Yield on cost (5-Year) is ranked lower than
328947% of the 304 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.15 vs. CBL: 1.79 )
CBL' s 10-Year Yield on cost (5-Year) Range
Min: 1.38   Max: 46.66
Current: 1.79
1.38
46.66
Share Buyback Rate -9.8
CBL's Share Buyback Rate is ranked lower than
6249994% of the 16 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.50 vs. CBL: -9.8 )
CBL' s 10-Year Share Buyback Rate Range
Min: -0.5   Max: -22.4
Current: -9.8

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 143
CBL's Price/Net Current Asset Value is ranked lower than
847457% of the 118 Companies
in the Global REIT - Retail industry.

( Industry Median: 82.90 vs. CBL: 143 )
CBL' s 10-Year Price/Net Current Asset Value Range
Min: 82.6   Max: 111.6
Current: 143
82.6
111.6
Price/Tangible Book 4.1
CBL's Price/Tangible Book is ranked lower than
304878% of the 328 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.30 vs. CBL: 4.1 )
CBL' s 10-Year Price/Tangible Book Range
Min: 0.9   Max: 3.2
Current: 4.1
0.9
3.2
Price/DCF (Projected) 1.8
CBL's Price/DCF (Projected) is ranked lower than
632911% of the 158 Companies
in the Global REIT - Retail industry.

( Industry Median: 2.00 vs. CBL: 1.8 )
CBL' s 10-Year Price/DCF (Projected) Range
Min: 1.3   Max: 2.7
Current: 1.8
1.3
2.7
Price/Median PS Value 1.8
CBL's Price/Median PS Value is ranked lower than
313479% of the 319 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.30 vs. CBL: 1.8 )
CBL' s 10-Year Price/Median PS Value Range
Min: 0.2   Max: 1.6
Current: 1.8
0.2
1.6
Price/Graham Number 1.9
CBL's Price/Graham Number is ranked lower than
367647% of the 272 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.10 vs. CBL: 1.9 )
CBL' s 10-Year Price/Graham Number Range
Min: 0.8   Max: 1.8
Current: 1.9
0.8
1.8
Earnings Yield (Greenblatt) 4.30
CBL's Earnings Yield (Greenblatt) is ranked lower than
330033% of the 303 Companies
in the Global REIT - Retail industry.

( Industry Median: 3.70 vs. CBL: 4.30 )
CBL' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1   Max: 265.8
Current: 4.3
1
265.8
Forward Rate of Return (Yacktman) -17.58
CBL's Forward Rate of Return (Yacktman) is ranked lower than
1111110% of the 90 Companies
in the Global REIT - Retail industry.

( Industry Median: 7.24 vs. CBL: -17.58 )
CBL' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -176.6   Max: 18.6
Current: -17.58
-176.6
18.6

Business Description

CBL & Associates Properties, Inc. was organized on July 13, 1993, as a Delaware corporation, to acquire all of the real estate properties owned by CBL & Associates, Inc., and its affiliates. On November 3, 1993, the Company completed its initial public offering. It is a self-managed, self-administered, fully-integrated real estate investment trust 'REIT' that is engaged in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, open-air centers, community centers and office properties. The Company conducts all of its business through the Operating Partnership. It is the 100% owner of two qualified REIT subsidiaries, CBL Holdings I, Inc. and CBL Holdings II, Inc. CBL Holdings I, Inc. is the sole general partner of the Operating Partnership. The Company conducts its property management and development activities through CBL & Associates Management, Inc. The Company's properties are located in 27 states, but are mainly in the southeastern and midwestern United States. The Properties compete with various shopping facilities in attracting retailers to lease space. In addition, retailers at the Company's Properties face competition from discount shopping centers, outlet malls, wholesale clubs, direct mail, television shopping networks, the internet and other retail shopping developments. The Company's Properties are in compliance in all material respects with all federal, state and local ordinances and regulations regarding the handling, discharge and emission of hazardous or toxic substances.
Company Website
SEC Reports
Industry: REIT - Retail
Compare:GGP, AKR, CLP, RIOCF, BTLCY
ยป More Articles for CBL

Headlines

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10 Dividend Stocks Raising Their Payouts And Yields Mar 07 2011 
Bill Ackman Bullish on Mall REIT: Simon Property Group, General Growth Properties, The Macerich Comp Dec 09 2009 
CBL & Associates Properties Inc. Reports Operating Results (10-Q) Nov 09 2009 
Weekly CEO Buys Highlight: Prospect Capital Corp, CBL & Associates Properties Inc, White Mountains I Oct 19 2008 
Weekly Top Insider Buys: NuStar Energy L.P., Smithfield Foods Inc., CBL & Associates Properties Inc. Jan 10 2008 
Weekly Top Insider Buys: NTELOS Holdings Corp., Brown & Brown Inc., General Growth Properties Inc., Dec 26 2007 

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