Braemar Hotels & Resorts Inc. (BHR.PD) stock analysis

P/E against its history

Not enough price and earnings history to compare.

P/E against the industry

Needs positive earnings and enough profitable companies in the industry.

EV/EBITDA against its history

Needs positive EBITDA and price history.

P/S below the industry

Braemar Hotels & Resorts's price-to-sales of 1.74 is below the Miscellaneous Investing median of 4.11 (book value is negative, so we use sales).

Trading below fair value

The share price of $16.41 is below our fair value estimate of $18.91.

Margin of safety under 20%

The price is 13.2% below fair value, less than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 1.7% a year over the last three fiscal years, short of the 10% we look for.

EPS growth over 3 years

Needs positive EPS three years ago and today.

Earnings acceleration

Needs positive net income now, a year ago and five years ago.

Growing slower than the industry

Revenue grew -9.1% over the last twelve months; the Miscellaneous Investing median is 4.4%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin slipping

Gross margin was 30.3% over the last twelve months, against 30.3% a year earlier.

Return on equity under 15%

Return on equity was -455% over the last twelve months and averaged -4.7% over five years; we look for 15% on both.

Return on invested capital

Needs operating income and invested capital.

Return on equity below the industry

Braemar Hotels & Resorts's return on equity of -455% is below the Miscellaneous Investing median of 3.1%.

Earnings over 5 years

Needs positive net income five years ago and in the latest year.

Net margin below its 5-year average

Net margin was -37.4% over the last twelve months, against a 5-year average of -2.1%.

Net margin below the industry

Braemar Hotels & Resorts's net margin of -37.4% is below the Miscellaneous Investing median of 11.0%.

Debt level

Needs debt and equity figures.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt coverage

Needs operating cash flow.

Interest not well covered

Operating income covers interest expense -2.3 times; we look for at least 5.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Elevated bankruptcy risk

The Altman Z-score is -0.24; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Braemar Hotels & Resorts paid dividends worth 12.6% of the share price over the last twelve months.

Yield above Treasuries

The 12.6% yield is above the 4.3% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 4.0% or more; Braemar Hotels & Resorts yields 12.6%.

Dividend was cut

The dividend per share fell by more than 10% at least once in the last 8 fiscal years.

Earnings cover

Needs dividends paid and net income.

Cash-flow cover

Needs dividends paid and free cash flow.