Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
78.31 (1y: +42%)
Market Cap 679.54 M P/E(ttm) 39.10
Enterprise Value 669.6 M P/B 44.30
TPL- NYSE (USA)
Texas Pacific Land Trust
  • Currently 3/5
Business Predictability Rank: 3-Star (On Watch)
Back Testing Results:
Average gain of all 3-Star stocks: 8.2% per year.
% of Stocks that are in still loss if held for 10yrs: 11%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$78.31
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 : 9/10

vs
industry		 vs
history
Cash to Debt No Debt
TPL's Cash to Debt is ranked higher than
86% of the 824 Companies
in the Global Real Estate - General industry.

( Industry Median: 0.48 vs. TPL: No Debt )
TPL' s 10-Year Cash to Debt Range
Min: No Debt   Max: No Debt
Current: No Debt
Equity to Asset 0.736
TPL's Equity to Asset is ranked higher than
81% of the 837 Companies
in the Global Real Estate - General industry.

( Industry Median: 0.49 vs. TPL: 0.736 )
TPL' s 10-Year Equity to Asset Range
Min: 0.73   Max: 0.76
Current: 0.74
0.73
0.76
Interest Coverage No Debt
TPL's Interest Coverage is ranked higher than
74% of the 573 Companies
in the Global Real Estate - General industry.

( Industry Median: 13.90 vs. TPL: No Debt )
TPL' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 4
Z-Score: 69.49
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 : 8/10

vs
industry		 vs
history
Operating margin (%) 89.90
TPL's Operating margin (%) is ranked higher than
94% of the 716 Companies
in the Global Real Estate - General industry.

( Industry Median: 23.30 vs. TPL: 89.90 )
TPL' s 10-Year Operating margin (%) Range
Min: 68.5   Max: 89.9
Current: 89.9
68.5
89.9
Net-margin (%) 60.3
TPL's Net-margin (%) is ranked higher than
86% of the 702 Companies
in the Global Real Estate - General industry.

( Industry Median: 17.10 vs. TPL: 60.3 )
TPL' s 10-Year Net-margin (%) Range
Min: 48.2   Max: 60.3
Current: 60.3
48.2
60.3
ROE (%) 126
TPL's ROE (%) is ranked higher than
99% of the 693 Companies
in the Global Real Estate - General industry.

( Industry Median: 8.10 vs. TPL: 126 )
TPL' s 10-Year ROE (%) Range
Min: 25   Max: 126
Current: 126
25
126
ROA (%) 92.7
TPL's ROA (%) is ranked higher than
100% of the 698 Companies
in the Global Real Estate - General industry.

( Industry Median: 3.60 vs. TPL: 92.7 )
TPL' s 10-Year ROA (%) Range
Min: 18.5   Max: 92.7
Current: 92.7
18.5
92.7
ROC (Joel Greenblatt) (%) 284.00
TPL's ROC (Joel Greenblatt) (%) is ranked higher than
97% of the 600 Companies
in the Global Real Estate - General industry.

( Industry Median: 14.60 vs. TPL: 284.00 )
TPL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 107   Max: 13758.9
Current: 284
107
13758.9
Revenue Growth (%) 29.2
TPL's Revenue Growth (%) is ranked higher than
83% of the 316 Companies
in the Global Real Estate - General industry.

( Industry Median: 11.20 vs. TPL: 29.2 )
TPL' s 10-Year Revenue Growth (%) Range
Min: -13.8   Max: 29.2
Current: 29.2
-13.8
29.2
EBITDA Growth (%) 34.6
TPL's EBITDA Growth (%) is ranked higher than
79% of the 259 Companies
in the Global Real Estate - General industry.

( Industry Median: 17.20 vs. TPL: 34.6 )
TPL' s 10-Year EBITDA Growth (%) Range
Min: -17.4   Max: 34.6
Current: 34.6
-17.4
34.6
EPS Growth (%) 33.6
TPL's EPS Growth (%) is ranked higher than
66% of the 240 Companies
in the Global Real Estate - General industry.

( Industry Median: 21.60 vs. TPL: 33.6 )
TPL' s 10-Year EPS Growth (%) Range
Min: -16.2   Max: 33.6
Current: 33.6
-16.2
33.6
ยป TPL's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

TPL Guru Trades in Q2 2012

Tom Russo 450 sh (New)
Murray Stahl 1,078,032 sh (+0.48%)
Jim Simons Sold Out
» More
Q3 2012

TPL Guru Trades in Q3 2012

Murray Stahl 1,166,251 sh (+8.18%)
Tom Russo Sold Out
» More
Q4 2012

TPL Guru Trades in Q4 2012

Jim Simons 7,100 sh (New)
Murray Stahl 1,202,856 sh (+3.14%)
» More
Q1 2013

TPL Guru Trades in Q1 2013

Murray Stahl 1,271,930 sh (+5.74%)
Jim Simons 6,076 sh (-14.42%)
» More
» Details

Insider Trades

Latest Guru Trades with TPL



No Insider Trades Found!

Ratios

vs
industry		 vs
history
P/E(ttm) 39.10
TPL's P/E(ttm) is ranked lower than
81% of the 714 Companies
in the Global Real Estate - General industry.

( Industry Median: 14.70 vs. TPL: 39.10 )
TPL' s 10-Year P/E(ttm) Range
Min: 11.03   Max: 64.42
Current: 39.1
11.03
64.42
P/B 44.30
TPL's P/B is ranked lower than
99% of the 844 Companies
in the Global Real Estate - General industry.

( Industry Median: 1.04 vs. TPL: 44.30 )
TPL' s 10-Year P/B Range
Min: 6.37   Max: 44.3
Current: 44.3
6.37
44.3
P/S 23.31
TPL's P/S is ranked lower than
94% of the 877 Companies
in the Global Real Estate - General industry.

( Industry Median: 2.69 vs. TPL: 23.31 )
TPL' s 10-Year P/S Range
Min: 6.38   Max: 32.34
Current: 23.31
6.38
32.34
PFCF 41.20
TPL's PFCF is ranked lower than
82% of the 494 Companies
in the Global Real Estate - General industry.

( Industry Median: 15.06 vs. TPL: 41.20 )
TPL' s 10-Year PFCF Range
Min: 12.32   Max: 83.92
Current: 41.2
12.32
83.92
EV-to-EBIT 25.6
TPL's EV-to-EBIT is ranked lower than
72% of the 687 Companies
in the Global Real Estate - General industry.

( Industry Median: 16.12 vs. TPL: 25.6 )
TPL' s 10-Year EV-to-EBIT Range
Min: 7   Max: 100
Current: 25.6
7
100
PEG 1.2
TPL's PEG is ranked lower than
62% of the 226 Companies
in the Global Real Estate - General industry.

( Industry Median: 0.79 vs. TPL: 1.2 )
TPL' s 10-Year PEG Range
Min: 0.24   Max: 82.09
Current: 1.2
0.24
82.09
Shiller P/E 53.2
TPL's Shiller P/E is ranked lower than
100% of the Companies
in the Global Real Estate - General industry.

( Industry Median: vs. TPL: 53.2 )
TPL' s 10-Year Shiller P/E Range
Min: 17.89   Max: 67.5
Current: 53.2
17.89
67.5

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.32
TPL's Dividend Yield is ranked lower than
97% of the 539 Companies
in the Global Real Estate - General industry.

( Industry Median: 2.09 vs. TPL: 0.32 )
TPL' s 10-Year Dividend Yield Range
Min: 0.26   Max: 1.17
Current: 0.32
0.26
1.17
Dividend Payout 0.1239
TPL's Dividend Payout is ranked higher than
53% of the 386 Companies
in the Global Real Estate - General industry.

( Industry Median: 0.30 vs. TPL: 0.1239 )
TPL' s 10-Year Dividend Payout Range
Min: 0.06   Max: 0.36
Current: 0.12
0.06
0.36
Dividend growth (3y) 26.1
TPL's Dividend growth (3y) is ranked higher than
81% of the 115 Companies
in the Global Real Estate - General industry.

( Industry Median: 12.80 vs. TPL: 26.1 )
TPL' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 26.1
Current: 26.1
0
26.1
Yield on cost (5-Year) 0.84
TPL's Yield on cost (5-Year) is ranked lower than
81% of the 540 Companies
in the Global Real Estate - General industry.

( Industry Median: 2.07 vs. TPL: 0.84 )
TPL' s 10-Year Yield on cost (5-Year) Range
Min: 0.73   Max: 3.28
Current: 0.84
0.73
3.28
Share Buyback Rate 2.8
TPL's Share Buyback Rate is ranked higher than
73% of the 102 Companies
in the Global Real Estate - General industry.

( Industry Median: 0.70 vs. TPL: 2.8 )
TPL' s 10-Year Share Buyback Rate Range
Min: 3   Max: 1.1
Current: 2.8

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 237.3
TPL's Price/Net Cash is ranked lower than
96% of the 81 Companies
in the Global Real Estate - General industry.

( Industry Median: 7.60 vs. TPL: 237.3 )
TPL' s 10-Year Price/Net Cash Range
Min: 61.7   Max: 868
Current: 237.3
61.7
868
Price/Net Current Asset Value 79.9
TPL's Price/Net Current Asset Value is ranked lower than
87% of the 507 Companies
in the Global Real Estate - General industry.

( Industry Median: 5.20 vs. TPL: 79.9 )
TPL' s 10-Year Price/Net Current Asset Value Range
Min: 10.8   Max: 231.2
Current: 79.9
10.8
231.2
Price/Tangible Book 44.2
TPL's Price/Tangible Book is ranked lower than
99% of the 821 Companies
in the Global Real Estate - General industry.

( Industry Median: 1.10 vs. TPL: 44.2 )
TPL' s 10-Year Price/Tangible Book Range
Min: 6.8   Max: 30.7
Current: 44.2
6.8
30.7
Price/DCF (Projected) 2.9
TPL's Price/DCF (Projected) is ranked lower than
76% of the 237 Companies
in the Global Real Estate - General industry.

( Industry Median: 1.30 vs. TPL: 2.9 )
TPL' s 10-Year Price/DCF (Projected) Range
Min: 1.4   Max: 3.3
Current: 2.9
1.4
3.3
Price/Median PS Value 1.6
TPL's Price/Median PS Value is ranked lower than
70% of the 799 Companies
in the Global Real Estate - General industry.

( Industry Median: 1.20 vs. TPL: 1.6 )
TPL' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 2.1
Current: 1.6
0.5
2.1
Price/Peter Lynch Fair Value 1.6
TPL's Price/Peter Lynch Fair Value is ranked lower than
86% of the 110 Companies
in the Global Real Estate - General industry.

( Industry Median: 0.60 vs. TPL: 1.6 )
TPL' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.7   Max: 4.1
Current: 1.6
0.7
4.1
Price/Graham Number 8.4
TPL's Price/Graham Number is ranked lower than
97% of the 680 Companies
in the Global Real Estate - General industry.

( Industry Median: 0.90 vs. TPL: 8.4 )
TPL' s 10-Year Price/Graham Number Range
Min: 2   Max: 7
Current: 8.4
2
7
Earnings Yield (Greenblatt) 3.90
TPL's Earnings Yield (Greenblatt) is ranked lower than
71% of the 703 Companies
in the Global Real Estate - General industry.

( Industry Median: 6.10 vs. TPL: 3.90 )
TPL' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1   Max: 14.2
Current: 3.9
1
14.2
Forward Rate of Return (Yacktman) 31.91
TPL's Forward Rate of Return (Yacktman) is ranked higher than
81% of the 201 Companies
in the Global Real Estate - General industry.

( Industry Median: 11.37 vs. TPL: 31.91 )
TPL' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -7.2   Max: 52.7
Current: 31.91
-7.2
52.7

Business Description

Texas Pacific Land Trust was organized under a Declaration of Trust, dated February 1, 1888, to receive and hold title to extensive tracts of land in the State of Texas, previously the property of the Texas and Pacific Railway Company, and to issue transferable Certificates of Proprietary Interest pro rata to the holders of certain debt securities of the Texas and Pacific Railway Company. The Trustees are empowered under the Declaration of Trust to manage the lands with all the powers of an absolute owner, and to use the lands and the proceeds of sale of the lands, either to pay dividends to the Certificate holders or to buy in and cancel outstanding Certificates. The Trust's income is derived primarily from land sales, oil and gas royalties, grazing leases, and interest. This method of operation has continued through the present. During the last five years there has not been any reorganization, disposition of any material amount of assets not in the ordinary course of business, or any material change in the mode of conducting business. Texas Pacific Land Trust owned the surface estate in 926,535 acres of land, comprised of numerous separate tracts, located in 19 counties in the western part of Texas.
Company Website
SEC Reports
Industry: Real Estate - General
Compare:SUHJY, CHEUY, MITEY, BAM, HLDVF
ยป More Articles for TPL

Headlines

Articles On GuruFocus.com
Horizon Kinetics Releases First Quarter 2013 Commentary Apr 17 2013 
10 Most Profitable Dividend Challengers Jun 15 2012 
12 Dividend Challengers with Highest Recent Growth Apr 17 2012 

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