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Stock Comparison

TRC vs CTO

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
TRC
Tejon Ranch Co.

Conglomerates

IndustrialsNYSE • US
Market Cap$533M
5Y Perf.+37.5%
CTO
CTO Realty Growth, Inc.

REIT - Diversified

Real EstateNYSE • US
Market Cap$693M
5Y Perf.+47.2%

TRC vs CTO — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
TRC logoTRC
CTO logoCTO
IndustryConglomeratesREIT - Diversified
Market Cap$533M$693M
Revenue (TTM)$50M$155M
Net Income (TTM)$73K$12M
Gross Margin12.3%-2.8%
Operating Margin-16.0%22.9%
Forward P/E328.7x56.4x
Total Debt$94M$648M
Cash & Equiv.$10M$6M

TRC vs CTOLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

TRC
CTO
StockMay 20May 26Return
Tejon Ranch Co. (TRC)100137.5+37.5%
CTO Realty Growth, … (CTO)100147.2+47.2%

Price return only. Dividends and distributions are not included.

Quick Verdict: TRC vs CTO

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: CTO leads in 7 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. This set spans 2 sectors — these stocks serve different portfolio roles, not just different price points.
TRC
Tejon Ranch Co.
The Defensive Pick

TRC is the clearest fit if your priority is sleep-well-at-night.

  • Lower volatility, beta 0.44, Low D/E 19.2%, current ratio 4.14x
Best for: sleep-well-at-night
CTO
CTO Realty Growth, Inc.
The Real Estate Income Play

CTO carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • Dividend streak 2 yrs, beta 0.37, yield 8.5%
  • Rev growth 20.1%, EPS growth 122.8%, 3Y rev CAGR 22.0%
  • 81.8% 10Y total return vs TRC's -6.7%
Best for: income & stability and growth exposure
See the full category breakdown
CategoryWinnerWhy
GrowthCTO logoCTO20.1% FFO/revenue growth vs TRC's 18.4%
ValueCTO logoCTOLower P/E (56.4x vs 328.7x)
Quality / MarginsCTO logoCTO7.9% margin vs TRC's 0.1%
Stability / SafetyCTO logoCTOBeta 0.37 vs TRC's 0.44
DividendsCTO logoCTO8.5% yield; 2-year raise streak; the other pay no meaningful dividend
Momentum (1Y)CTO logoCTO+23.2% vs TRC's +16.0%
Efficiency (ROA)CTO logoCTO1.0% ROA vs TRC's 0.0%, ROIC 2.1% vs -1.1%

TRC vs CTO — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

TRCTejon Ranch Co.
FY 2025
Commercial and Industrial
40.3%$23M
Farming and Agriculture
32.3%$19M
Mineral Resources
16.6%$10M
Ranch Operations
9.5%$5M
Multifamily Segment
1.3%$732,000
CTOCTO Realty Growth, Inc.
FY 2025
Management Service
100.0%$5M

TRC vs CTO — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLCTOLAGGINGTRC

Income & Cash Flow (Last 12 Months)

CTO leads this category, winning 4 of 6 comparable metrics.

CTO is the larger business by revenue, generating $155M annually — 3.1x TRC's $50M. CTO is the more profitable business, keeping 7.9% of every revenue dollar as net income compared to TRC's 0.1%.

MetricTRC logoTRCTejon Ranch Co.CTO logoCTOCTO Realty Growth…
RevenueTrailing 12 months$50M$155M
EBITDAEarnings before interest/tax-$47,000$94M
Net IncomeAfter-tax profit$73,000$12M
Free Cash FlowCash after capex-$33M$69M
Gross MarginGross profit ÷ Revenue+12.3%-2.8%
Operating MarginEBIT ÷ Revenue-16.0%+22.9%
Net MarginNet income ÷ Revenue+0.1%+7.9%
FCF MarginFCF ÷ Revenue-65.9%+44.5%
Rev. Growth (YoY)Latest quarter vs prior year+17.7%+15.0%
EPS Growth (YoY)Latest quarter vs prior year-65.5%+9.7%
CTO leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

CTO leads this category, winning 3 of 4 comparable metrics.

At 256.6x trailing earnings, CTO trades at a 96% valuation discount to TRC's 7042.9x P/E.

MetricTRC logoTRCTejon Ranch Co.CTO logoCTOCTO Realty Growth…
Market CapShares × price$533M$693M
Enterprise ValueMkt cap + debt − cash$617M$1.3B
Trailing P/EPrice ÷ TTM EPS7042.86x256.57x
Forward P/EPrice ÷ next-FY EPS est.328.67x56.43x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple14.33x
Price / SalesMarket cap ÷ Revenue10.74x4.63x
Price / BookPrice ÷ Book value/share1.08x1.17x
Price / FCFMarket cap ÷ FCF14.01x
CTO leads this category, winning 3 of 4 comparable metrics.

Profitability & Efficiency

Evenly matched — TRC and CTO each lead in 4 of 8 comparable metrics.

CTO delivers a 2.2% return on equity — every $100 of shareholder capital generates $2 in annual profit, vs $0 for TRC. TRC carries lower financial leverage with a 0.19x debt-to-equity ratio, signaling a more conservative balance sheet compared to CTO's 1.14x. On the Piotroski fundamental quality scale (0–9), TRC scores 6/9 vs CTO's 5/9, reflecting solid financial health.

MetricTRC logoTRCTejon Ranch Co.CTO logoCTOCTO Realty Growth…
ROE (TTM)Return on equity+0.0%+2.2%
ROA (TTM)Return on assets+0.0%+1.0%
ROICReturn on invested capital-1.1%+2.1%
ROCEReturn on capital employed-1.3%+2.8%
Piotroski ScoreFundamental quality 0–965
Debt / EquityFinancial leverage0.19x1.14x
Net DebtTotal debt minus cash$84M$642M
Cash & Equiv.Liquid assets$10M$6M
Total DebtShort + long-term debt$94M$648M
Interest CoverageEBIT ÷ Interest expense1.39x
Evenly matched — TRC and CTO each lead in 4 of 8 comparable metrics.

Total Returns (Dividends Reinvested)

CTO leads this category, winning 5 of 6 comparable metrics.

A $10,000 investment in CTO five years ago would be worth $16,250 today (with dividends reinvested), compared to $12,434 for TRC. Over the past 12 months, CTO leads with a +23.2% total return vs TRC's +16.0%. The 3-year compound annual growth rate (CAGR) favors CTO at 15.4% vs TRC's 5.4% — a key indicator of consistent wealth creation.

MetricTRC logoTRCTejon Ranch Co.CTO logoCTOCTO Realty Growth…
YTD ReturnYear-to-date+25.9%+13.8%
1-Year ReturnPast 12 months+16.0%+23.2%
3-Year ReturnCumulative with dividends+17.0%+53.6%
5-Year ReturnCumulative with dividends+24.3%+62.5%
10-Year ReturnCumulative with dividends-6.7%+81.8%
CAGR (3Y)Annualised 3-year return+5.4%+15.4%
CTO leads this category, winning 5 of 6 comparable metrics.

Risk & Volatility

CTO leads this category, winning 2 of 2 comparable metrics.

CTO is the less volatile stock with a 0.37 beta — it tends to amplify market swings less than TRC's 0.44 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CTO currently trades 99.2% from its 52-week high vs TRC's 95.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricTRC logoTRCTejon Ranch Co.CTO logoCTOCTO Realty Growth…
Beta (5Y)Sensitivity to S&P 5000.44x0.37x
52-Week HighHighest price in past year$20.68$20.67
52-Week LowLowest price in past year$15.31$15.07
% of 52W HighCurrent price vs 52-week peak+95.4%+99.2%
RSI (14)Momentum oscillator 0–10054.467.1
Avg Volume (50D)Average daily shares traded97K239K
CTO leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

CTO leads this category, winning 1 of 1 comparable metric.

Wall Street rates TRC as "Buy" and CTO as "Buy". CTO is the only dividend payer here at 8.54% yield — a key consideration for income-focused portfolios.

MetricTRC logoTRCTejon Ranch Co.CTO logoCTOCTO Realty Growth…
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$21.50
# AnalystsCovering analysts110
Dividend YieldAnnual dividend ÷ price+8.5%
Dividend StreakConsecutive years of raises02
Dividend / ShareAnnual DPS$1.75
Buyback YieldShare repurchases ÷ mkt cap0.0%+1.5%
CTO leads this category, winning 1 of 1 comparable metric.
Key Takeaway

CTO leads in 5 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics. 1 category is tied.

Best OverallCTO Realty Growth, Inc. (CTO)Leads 5 of 6 categories
Loading custom metrics...

TRC vs CTO: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is TRC or CTO a better buy right now?

For growth investors, CTO Realty Growth, Inc.

(CTO) is the stronger pick with 20. 1% revenue growth year-over-year, versus 18. 4% for Tejon Ranch Co. (TRC). CTO Realty Growth, Inc. (CTO) offers the better valuation at 256. 6x trailing P/E (56. 4x forward), making it the more compelling value choice. Analysts rate Tejon Ranch Co. (TRC) a "Buy" — based on 1 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — TRC or CTO?

On trailing P/E, CTO Realty Growth, Inc.

(CTO) is the cheapest at 256. 6x versus Tejon Ranch Co. at 7042. 9x. On forward P/E, CTO Realty Growth, Inc. is actually cheaper at 56. 4x.

03

Which is the better long-term investment — TRC or CTO?

Over the past 5 years, CTO Realty Growth, Inc.

(CTO) delivered a total return of +62. 5%, compared to +24. 3% for Tejon Ranch Co. (TRC). Over 10 years, the gap is even starker: CTO returned +81. 8% versus TRC's -6. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — TRC or CTO?

By beta (market sensitivity over 5 years), CTO Realty Growth, Inc.

(CTO) is the lower-risk stock at 0. 37β versus Tejon Ranch Co. 's 0. 44β — meaning TRC is approximately 18% more volatile than CTO relative to the S&P 500. On balance sheet safety, Tejon Ranch Co. (TRC) carries a lower debt/equity ratio of 19% versus 114% for CTO Realty Growth, Inc. — giving it more financial flexibility in a downturn.

05

Which is growing faster — TRC or CTO?

By revenue growth (latest reported year), CTO Realty Growth, Inc.

(CTO) is pulling ahead at 20. 1% versus 18. 4% for Tejon Ranch Co. (TRC). On earnings-per-share growth, the picture is similar: CTO Realty Growth, Inc. grew EPS 122. 8% year-over-year, compared to -97. 2% for Tejon Ranch Co.. Over a 3-year CAGR, CTO leads at 22. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — TRC or CTO?

CTO Realty Growth, Inc.

(CTO) is the more profitable company, earning 6. 7% net margin versus 0. 2% for Tejon Ranch Co. — meaning it keeps 6. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CTO leads at 22. 1% versus -16. 0% for TRC. At the gross margin level — before operating expenses — TRC leads at 12. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is TRC or CTO more undervalued right now?

On forward earnings alone, CTO Realty Growth, Inc.

(CTO) trades at 56. 4x forward P/E versus 328. 7x for Tejon Ranch Co. — 272. 2x cheaper on a one-year earnings basis.

08

Which pays a better dividend — TRC or CTO?

In this comparison, CTO (8.

5% yield) pays a dividend. TRC does not pay a meaningful dividend and should not be held primarily for income.

09

Is TRC or CTO better for a retirement portfolio?

For long-horizon retirement investors, CTO Realty Growth, Inc.

(CTO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 37), 8. 5% yield). Both have compounded well over 10 years (CTO: +81. 8%, TRC: -6. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between TRC and CTO?

These companies operate in different sectors (TRC (Industrials) and CTO (Real Estate)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

CTO pays a dividend while TRC does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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TRC

High-Growth Disruptor

  • Sector: Industrials
  • Market Cap > $100B
  • Revenue Growth > 8%
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CTO

Income & Dividend Stock

  • Sector: Real Estate
  • Market Cap > $100B
  • Revenue Growth > 7%
  • Net Margin > 5%
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Beat Both

Find stocks that outperform TRC and CTO on the metrics below

Revenue Growth>
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(TRC: 17.7% · CTO: 15.0%)
P/E Ratio<
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(TRC: 7042.9x · CTO: 256.6x)

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