Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
20.49 (1y: +17%)
Market Cap 2.42 B P/E(ttm)
Enterprise Value 6.73 B P/B 0.78
CWH- NYSE (USA)
CommonWealth REIT
  • Currently 1/5
Business Predictability Rank: 1-Star
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
$20.49
Switch to:

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 : 3/10

vs
industry		 vs
history
Cash to Debt 0.023
CWH's Cash to Debt is ranked lower than
67% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.06 vs. CWH: 0.023 )
CWH' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.07
Current: 0.02
0.01
0.07
Equity to Asset 0.379
CWH's Equity to Asset is ranked lower than
61% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.45 vs. CWH: 0.379 )
CWH' s 10-Year Equity to Asset Range
Min: 0.38   Max: 0.6
Current: 0.38
0.38
0.6
Interest Coverage 1.4
CWH's Interest Coverage is ranked lower than
61% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 2.05 vs. CWH: 1.4 )
CWH' s 10-Year Interest Coverage Range
Min: 1   Max: 3
Current: 1.4
1
3
F-Score: 5
Z-Score: 0.88
M-Score: -2.61
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 : 4/10

vs
industry		 vs
history
Operating margin (%) 28.70
CWH's Operating margin (%) is ranked lower than
51% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 29.40 vs. CWH: 28.70 )
CWH' s 10-Year Operating margin (%) Range
Min: 24   Max: 45.7
Current: 28.7
24
45.7
Net-margin (%) -9.4
CWH's Net-margin (%) is ranked lower than
65% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 16.30 vs. CWH: -9.4 )
CWH' s 10-Year Net-margin (%) Range
Min: -9.4   Max: 35.1
Current: -9.4
-9.4
35.1
ROE (%) -3.1
CWH's ROE (%) is ranked lower than
66% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 4.40 vs. CWH: -3.1 )
CWH' s 10-Year ROE (%) Range
Min: -3.1   Max: 9.3
Current: -3.1
-3.1
9.3
ROA (%) -1.2
CWH's ROA (%) is ranked lower than
65% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 2.00 vs. CWH: -1.2 )
CWH' s 10-Year ROA (%) Range
Min: -1.2   Max: 4.9
Current: -1.2
-1.2
4.9
ROC (Joel Greenblatt) (%) 4.10
CWH's ROC (Joel Greenblatt) (%) is ranked higher than
62% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 4.00 vs. CWH: 4.10 )
CWH' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 3.4   Max: 8.1
Current: 4.1
3.4
8.1
Revenue Growth (%) -2.5
CWH's Revenue Growth (%) is ranked higher than
64% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: -4.95 vs. CWH: -2.5 )
CWH' s 10-Year Revenue Growth (%) Range
Min: -5.5   Max: 4.6
Current: -2.5
-5.5
4.6
EBITDA Growth (%) -1.1
CWH's EBITDA Growth (%) is ranked higher than
67% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: -4.20 vs. CWH: -1.1 )
CWH' s 10-Year EBITDA Growth (%) Range
Min: -9.6   Max: 1.9
Current: -1.1
-9.6
1.9
ยป CWH's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

CWH Guru Trades in Q2 2012

Jeremy Grantham 33,225 sh (+78.39%)
Steven Cohen 14,086 sh (+25.26%)
David Dreman 1,712,469 sh (+0.29%)
Chuck Royce 6,250 sh (unchged)
Jim Simons 235,453 sh (-37.64%)
» More
Q3 2012

CWH Guru Trades in Q3 2012

Chuck Royce 6,250 sh (unchged)
Steven Cohen Sold Out
David Dreman 1,524,328 sh (-10.99%)
Jim Simons 195,575 sh (-16.94%)
Jeremy Grantham 15,825 sh (-52.37%)
» More
Q4 2012

CWH Guru Trades in Q4 2012

Jim Simons 286,475 sh (+46.48%)
Chuck Royce 6,250 sh (unchged)
David Dreman 134,131 sh (-91.2%)
» More
Q1 2013

CWH Guru Trades in Q1 2013

Jean-Marie Eveillard 142,222 sh (New)
Third Avenue Management 1,340,887 sh (New)
Steven Cohen 559,818 sh (New)
Richard Perry 6,500,000 sh (New)
David Dreman Sold Out
Chuck Royce Sold Out
Jim Simons 11,787 sh (-95.89%)
» More
» Details

Insider Trades

Latest Guru Trades with CWH

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Richard Perry 2013-03-31 New Buy4.6%$15.71 - $25.25 $ 20.498%6500000
Third Avenue Management 2013-03-31 New Buy0.58%$15.71 - $25.25 $ 20.498%1340887
David Dreman 2013-03-31 Sold Out 0.06%$15.71 - $25.25 $ 20.498%0
Jean-Marie Eveillard 2013-03-31 New Buy0.01%$15.71 - $25.25 $ 20.498%142222
David Dreman 2012-12-31 Reduce -91.2%0.5%$13.58 - $16.22 $ 20.4938%134131
Ray Dalio 2011-12-31 Sold Out 0.07%$15.95 - $19.78 $ 20.4917%0
Ray Dalio 2011-09-30 New Buy0.07%$17.04 - $26.45 $ 20.49-3%259000
David Dreman 2010-12-31 Add 29.01%0.18%$23.92 - $26.53 $ 20.49-20%1526512
David Dreman 2010-09-30 New Buy0.7%$23.27 - $28 $ 20.49-19%1183220
David Dreman 2010-03-31 New Buy0.88%$25.4 - $32.52 $ 20.49-27%4766944
Premium More recent guru trades are included for Premium Members only!!

Preferred stocks of CommonWealth REIT

SymbolPriceYieldDescription
CWHPRE13.047.01
CWHPRD0.000.006 1/2% Series D Cumulative Convertible Preferred Shares

Top Ranked Articles about CommonWealth REIT

Richard Perry Buys during CWH Battle
March 18, 2013
Richard Perry - Richard Perry Buys During CWH Battle
On March 13, 2013, Guru Richard Perry of Perry Capital bought 6,500,000 shares of a new holding, CommonWealth REIT (CWH), at the current price $22.01, with a change from average up 1%. CommonWealth REIT is an office and industrial real estate investment trust that invests in commercial office buildings located in major metropolitan areas throughout the U.S. and in Australia. Read more...
Talks of Carl Icahn Getting a Piece of Herbalife, Joining Loeb in Long Position
January 11, 2013
Carl Icahn,Daniel Loeb,Bill Ackman - Talks Of Carl Icahn Getting A Piece Of Herbalife, Joining Loeb In Long Position
After fellow activist investor, Daniel Loeb set off the media earlier this week with his declaration to obtain a long position in Herbalife (HLF), a company that Pershing Squareโ€™s Bill Ackman just shorted weeks ago, corporate raiding Guru Carl Icahn has been reported yesterday afternoon of joining Loeb in taking a piece of the action. Read more...

Ratios

vs
industry		 vs
history
P/B 0.78
CWH's P/B is ranked higher than
94% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.30 vs. CWH: 0.78 )
CWH' s 10-Year P/B Range
Min: 0.18   Max: 1.07
Current: 0.78
0.18
1.07
P/S 1.71
CWH's P/S is ranked higher than
93% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 6.20 vs. CWH: 1.71 )
CWH' s 10-Year P/S Range
Min: 0.63   Max: 10.97
Current: 1.71
0.63
10.97
EV-to-EBIT 22.4
CWH's EV-to-EBIT is ranked higher than
67% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 28.60 vs. CWH: 22.4 )
CWH' s 10-Year EV-to-EBIT Range
Min: 11.1   Max: 54.3
Current: 22.4
11.1
54.3
Shiller P/E 15.8
CWH's Shiller P/E is ranked higher than
86% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 10.60 vs. CWH: 15.8 )
CWH' s 10-Year Shiller P/E Range
Min: 2.99   Max: 19.71
Current: 15.8
2.99
19.71

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 6.10
CWH's Dividend Yield is ranked higher than
93% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 4.40 vs. CWH: 6.10 )
CWH' s 10-Year Dividend Yield Range
Min: 5.75   Max: 40.38
Current: 6.1
5.75
40.38
Dividend growth (3y) -7.6
CWH's Dividend growth (3y) is ranked higher than
66% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: -8.45 vs. CWH: -7.6 )
CWH' s 10-Year Dividend growth (3y) Range
Min: -22.3   Max: 12.7
Current: -7.6
-22.3
12.7
Yield on cost (5-Year) 2.95
CWH's Yield on cost (5-Year) is ranked higher than
63% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 4.00 vs. CWH: 2.95 )
CWH' s 10-Year Yield on cost (5-Year) Range
Min: 2.74   Max: 19.22
Current: 2.95
2.74
19.22
Share Buyback Rate -7.2
CWH's Share Buyback Rate is ranked higher than
61% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: -7.50 vs. CWH: -7.2 )
CWH' s 10-Year Share Buyback Rate Range
Min: 0.6   Max: -12.3
Current: -7.2

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 18.6
CWH's Price/Net Current Asset Value is ranked higher than
70% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 56.20 vs. CWH: 18.6 )
CWH' s 10-Year Price/Net Current Asset Value Range
Min: 8.6   Max: 859.1
Current: 18.6
8.6
859.1
Price/Tangible Book 0.7
CWH's Price/Tangible Book is ranked lower than
84% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.30 vs. CWH: 0.7 )
CWH' s 10-Year Price/Tangible Book Range
Min: 0.3   Max: 1
Current: 0.7
0.3
1
Price/DCF (Projected) 9
CWH's Price/DCF (Projected) is ranked higher than
71% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 2.20 vs. CWH: 9 )
CWH' s 10-Year Price/DCF (Projected) Range
Min: 2.6   Max: 4.9
Current: 9
2.6
4.9
Price/Median PS Value 0.9
CWH's Price/Median PS Value is ranked lower than
81% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.10 vs. CWH: 0.9 )
CWH' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 2.7
Current: 0.9
0.4
2.7
Price/Graham Number 0.9
CWH's Price/Graham Number is ranked lower than
61% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.30 vs. CWH: 0.9 )
CWH' s 10-Year Price/Graham Number Range
Min: 0.4   Max: 0.9
Current: 0.9
0.4
0.9
Earnings Yield (Greenblatt) 4.50
CWH's Earnings Yield (Greenblatt) is ranked higher than
83% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: 2.60 vs. CWH: 4.50 )
CWH' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.8   Max: 9
Current: 4.5
1.8
9
Forward Rate of Return (Yacktman) -18.37
CWH's Forward Rate of Return (Yacktman) is ranked lower than
55% of the 249 Companies
in the Global REIT - Diversified industry.

( Industry Median: -7.64 vs. CWH: -18.37 )
CWH' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -106.9   Max: 36.4
Current: -18.37
-106.9
36.4

Business Description

CommonWealth REIT is a Maryland real estate investment trust, or REIT, which was organized on October 9, 1986. It primarily owns commercial office buildings located in major metropolitan areas throughout the United States and in Australia. The majority of its properties are office buildings located in suburban areas and central business districts of major metropolitan markets. As of December 31, 2011, it owned 516 properties for a total investment of $7.2 billion at cost (less impairments), and a depreciated book value of $6.3 billion. Its portfolio includes 317 office properties with 40.0 million square feet and 199 industrial & other properties with 32.3 million square feet. Its 199 industrial & other properties include 17.9 million square feet of leased industrial and commercial lands in Oahu, Hawaii. Also, 11 of its total properties with 1.8 million square feet are located in Australia. In addition, the company owned 9,950,000, or 21.1%, at December 31, 2011, of the common shares of beneficial interest of Government Properties Income Trust, or GOV, a former subsidiary that is now separately listed on the New York Stock Exchange, or the NYSE.
Company Website
SEC Reports
Industry: REIT - Diversified
Compare:ARI, NLY, VNO, IVR, WSR
ยป More Articles for CWH

Headlines

Articles On GuruFocus.com
Richard Perry Buys during CWH Battle Mar 18 2013 
Commonwealth REIT: Sometimes You Take the Gifts the Market Gives You Feb 28 2013 
Talks of Carl Icahn Getting a Piece of Herbalife, Joining Loeb with Long Position Jan 11 2013 
18 Top Dividend Stocks Near One-Year Lows Sep 26 2012 
17 Oversold High-Yields To Consider Aug 22 2012 
Ray Dalio Top Dividend Picks Jan 09 2012 
Weekly Guru Bargains Highlights: CX, MDR, TK, HAS, CWH Oct 16 2011 
3 Deep Value Stocks With Major Upside: Cogent, Sterling Construction, CommonWealth REIT Aug 25 2010 

More From Our Partners
Zacks #1 Rank Additions for Tuesday - Tale of the Tape May 14 2013 - ZACKS

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial