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Comstock Holding Companies, Inc. (CHCI) 10-Year Financial Performance & Capital Metrics

CHCI • • REIT / Real Estate
Real EstateDiversified Real EstateMixed-Use & Transit-Oriented DevelopmentUrban Mixed-Use Developers
AboutComstock Holding Companies, Inc. develops, operates, and manages of mixed-use and transit-oriented properties primarily in the Washington, D.C. metropolitan area. The company operates a portfolio of 34 operating assets, which include 14 commercial assets totaling approximately 2.2 million square feet; 6 multifamily assets totaling 1,636 units; and 14 commercial garages with approximately 11,000 parking spaces. It also has 18 development pipeline assets consisting of approximately 2.0 million square feet of additional planned commercial development; approximately 1,900 multifamily units; and 2 hotel assets. In addition, the company provides real estate development and management services. It primarily serves private and institutional owners; investors in commercial, residential, and mixed-use real estate; and various governmental bodies. The company was formerly known as Comstock Homebuilding Companies, Inc. and changed its name to Comstock Holding Companies, Inc. in June 2012. Comstock Holding Companies, Inc. was founded in 1985 and is headquartered in Reston, Virginia.Show more
  • Revenue $51M +14.7%
  • FFO $15M +85.9%
  • FFO/Share 1.44 +81.9%
  • FFO Payout 0%
  • FFO per Share 1.44 +81.9%
  • NOI Margin 24.69% -5.5%
  • FFO Margin 28.97% +62.1%
  • ROE 32.51% +38.0%
  • ROA 24.98% +51.1%
  • Debt/Assets 9.67% -29.8%
  • Net Debt/EBITDA -2.12 -70.8%
  • Book Value/Share 5.07 +37.7%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 27.7%
  • ✓Strong 5Y profit CAGR of 74.8%

✗Weaknesses

  • ✗Weak momentum: RS Rating 18 (bottom 18%)
  • ✗Low NOI margin of 24.7%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y0.67%
5Y15.17%
3Y18.16%
TTM22.98%

Profit (Net Income) CAGR

10Y-
5Y74.77%
3Y2.28%
TTM127.81%

EPS CAGR

10Y-
5Y45%
3Y-2.04%
TTM124.93%

ROCE

10Y Avg4.33%
5Y Avg19.24%
3Y Avg21.35%
Latest19.87%

Peer Comparison

Urban Mixed-Use Developers
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
CHCIComstock Holding Companies, Inc.111.8M11.338.0414.7%24.9%24.71%9.74%0.12

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+61.38M41.58M45.43M56.75M25.32M22.49M31.09M39.31M44.72M51.29M
Revenue Growth %0.28%-0.32%0.09%0.25%-0.55%-0.11%0.38%0.26%0.14%0.15%
Property Operating Expenses52.13M38.66M42.88M57.18M21.17M18.45M24.65M29.37M33.04M38.63M
Net Operating Income (NOI)+----------
NOI Margin %----------
Operating Expenses+9.49M7.19M6.79M2.27M1.87M1.31M1.38M1.99M2.52M2.38M
G&A Expenses9.49M7.19M6.79M2.27M1.87M3.62M1.28M1.78M2.31M2.08M
EBITDA+-3.39M-6.68M-4.63M-4.92M2.49M2.75M5.16M8.16M9.38M10.59M
EBITDA Margin %----------
Depreciation & Amortization+164K181K181K185K217K100K94K206K212K302K
D&A / Revenue %----------
Operating Income+-3.56M-6.86M-4.81M-5.1M2.27M2.65M5.07M7.95M9.16M10.29M
Operating Margin %----------
Interest Expense+547K886K41K90K474K344K235K222K00
Interest Coverage-6.50x-7.75x-117.22x-56.68x4.80x7.72x21.55x35.82x--
Non-Operating Income-861K-157K-66K0-225K144K8K000
Pretax Income+-2.69M-6.71M-4.74M-4.97M1.47M2.17M4.82M7.85M8.15M10.72M
Pretax Margin %----------
Income Tax+-732K55K38K-920K2K25K-11.22M125K368K-3.83M
Effective Tax Rate %----------
Net Income+-4.57M-8.99M-5.03M-4.52M893K2.08M13.61M7.35M7.78M14.56M
Net Margin %----------
Net Income Growth %0.33%-0.97%0.44%0.1%1.2%1.33%5.54%-0.46%0.06%0.87%
Funds From Operations (FFO)+----------
FFO Margin %----------
FFO Growth %0.35%-1%0.45%0.11%1.26%0.97%5.28%-0.45%0.06%0.86%
FFO per Share+----------
FFO Payout Ratio %----------
EPS (Diluted)+-1.43-2.71-1.49-1.180.220.241.500.980.771.41
EPS Growth %0.37%-0.9%0.45%0.21%1.19%0.09%5.25%-0.35%-0.21%0.83%
EPS (Basic)-1.43-2.71-1.49-1.220.220.261.661.090.811.48
Diluted Shares Outstanding3.2M3.32M3.37M3.84M6.8M8.54M9.1M9.57M10.11M10.33M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+58.48M59.82M51.16M35.1M19.93M28.58M43.6M42.47M51.72M64.87M
Asset Growth %0.04%0.02%-0.14%-0.31%-0.43%0.43%0.53%-0.03%0.22%0.25%
Real Estate & Other Assets+4.51M1.89M616K304K149K1.86M11.31M11.37M90K498K
PP&E (Net)394K255K309K221K392K8.18M7.51M8.16M7.36M6.55M
Investment Securities0221K380K01000K1000K1000K1000K1000K1000K
Total Current Assets+53.57M57.45M48.29M32.7M9.31M12.35M20.08M15.78M24.39M36.73M
Cash & Equivalents12.45M5.76M1.81M5.78M3.51M7.03M15.82M11.72M18.79M28.76M
Receivables332K613K636K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets2.57M1.24M1.14M-12.39M5.53M5.1M2.31M0353K430K
Intangible Assets00237K170K103K36K0144K144K144K
Total Liabilities53.04M51.44M48.55M28.47M11.58M17.36M18.31M13.62M14.5M12.5M
Total Debt+45.4M43.7M39.39M18.93M7.06M13.44M12.86M7.92M7.13M6.27M
Net Debt32.95M37.94M37.59M13.15M3.54M6.4M-2.96M-3.8M-11.66M-22.49M
Long-Term Debt45.08M43.7M39.39M1.52M1.21M5.5M5.5M000
Short-Term Borrowings0001000K1000K5K00854K0
Capital Lease Obligations000061K7.93M7.36M7.92M6.27M6.27M
Total Current Liabilities+32.46M34.65M9.15M9.54M10.3M4.5M6.06M6.49M6.37M6.66M
Accounts Payable6.72M6.92M8.28M1.2M1.44M854K783K742K838K781K
Deferred Revenue591K497K575K3.06M000000
Other Liabilities-24.5M-26.91M09.69M000077K492K
Total Equity+5.44M8.38M2.61M6.63M8.36M11.21M25.3M28.85M37.22M52.37M
Equity Growth %1.93%0.54%-0.69%1.54%0.26%0.34%1.26%0.14%0.29%0.41%
Shareholders Equity-1.28M-9.88M-14.38M-9.08M8.36M11.21M25.3M28.85M37.22M52.37M
Minority Interest6.72M18.25M16.99M15.71M000000
Common Stock34K34K35K39K80K81K83K95K96K99K
Additional Paid-in Capital175.96M176.25M177.61M181.63M199.37M200.15M200.62M201.53M202.11M202.7M
Retained Earnings-175.78M-184.78M-189.8M-194.32M-195.2M-193.12M-179.51M-170.11M-162.33M-147.77M
Preferred Stock1.17M1.28M442K7.19M6.76M6.76M6.76M000
Return on Assets (ROA)-0.08%-0.15%-0.09%-0.1%0.03%0.09%0.38%0.17%0.17%0.25%
Return on Equity (ROE)-1.25%-1.3%-0.91%-0.98%0.12%0.21%0.75%0.27%0.24%0.33%
Debt / Assets0.78%0.73%0.77%0.54%0.35%0.47%0.29%0.19%0.14%0.1%
Debt / Equity8.34x5.22x15.09x2.86x0.84x1.20x0.51x0.27x0.19x0.12x
Net Debt / EBITDA----1.42x2.32x-0.57x-0.47x-1.24x-2.12x
Book Value per Share1.702.520.771.731.231.312.783.013.685.07

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+2.56M-11.82M5.06M16.25M9.89M3.44M7.81M8.09M9M11.26M
Operating CF Growth %1.49%-5.62%1.43%2.21%-0.39%-0.65%1.27%0.04%0.11%0.25%
Operating CF / Revenue %----------
Net Income-1.96M-6.76M-4.78M-4.05M1.46M2.14M16.04M7.73M7.78M14.56M
Depreciation & Amortization164K181K181K168K217K100K94K206K212K302K
Stock-Based Compensation94K69K346K234K0701K633K834K968K0
Other Non-Cash Items2.32M3.49M1.1M2.6M9.89M120K-867K-264K1.19M1.84M
Working Capital Changes3.01M-8.8M7.65M18.23M-1.68M374K3.21M-357K-1.62M-1.61M
Cash from Investing+-741K227K-834K-41K-1.38M1.67M1.24M-2.1M-1.55M-936K
Acquisitions (Net)2.45M14.5M-579K00001.02M00
Purchase of Investments0000-1.2M00-2.71M-52K-140K
Sale of Investments00000001000K00
Other Investing-578K269K-201K39K27K1.82M1.43M-796K-1.25M-428K
Cash from Financing+3.13M4.9M-8.19M-12.15M-5.85M-1.59M-256K-10.09M-390K-352K
Dividends Paid00-24K0000000
Common Dividends00-24K0000000
Debt Issuance (Net)1000K-1000K-1000K-1000K-228K-228K-5K-1000K00
Share Repurchases-79K-8K-89K-38K0-54K-222K-4M-390K0
Other Financing19K9.4M-1.67M-9.25M-5.99M-1.3M-29K-594K0-578K
Net Change in Cash+4.95M-6.69M-3.96M4.06M2.66M3.52M8.79M-4.1M7.07M9.97M
Exchange Rate Effect0000000000
Cash at Beginning7.5M12.45M5.76M2.95M854K3.51M7.03M15.82M11.72M18.79M
Cash at End12.45M5.76M1.81M7.01M3.51M7.03M15.82M11.72M18.79M28.76M
Free Cash Flow+2.4M-11.86M5.01M16.17M9.68M3.29M7.62M7.47M8.76M10.89M
FCF Growth %1.44%-5.95%1.42%2.23%-0.4%-0.66%1.32%-0.02%0.17%0.24%
FCF / Revenue %----------

Key Ratios

Metric2015201620172018201920202021202220232024
FFO per Share-1.38-2.65-1.44-1.130.160.261.510.790.791.44
FFO Payout Ratio0%0%-0.5%0%0%0%0%0%0%0%
NOI Margin15.06%7.02%5.61%-0.76%16.37%17.97%20.72%25.29%26.12%24.69%
Net Debt / EBITDA----1.42x2.32x-0.57x-0.47x-1.24x-2.12x
Debt / Assets77.63%73.06%77%53.93%35.4%47.01%29.5%18.64%13.78%9.67%
Interest Coverage-6.50x-7.75x-117.22x-56.68x4.80x7.72x21.55x35.82x--
Book Value / Share1.72.520.771.731.231.312.783.013.685.07
Revenue Growth27.96%-32.25%9.26%24.92%-55.39%-11.18%38.27%26.44%13.76%14.7%

Revenue by Segment

2014201520162017201820192020
Asset Management------21.82M
Asset Management Growth-------
Real Estate-----1.19M945K
Real Estate Growth-------20.72%
Management Service-----19.61M-
Management Service Growth-------
Asset Management1-----19.37M-
Asset Management1 Growth-------
Home Building----41.24M14.92M-
Home Building Growth------63.83%-
Real Estate Services587K1.24M884K2.03M3.03M--
Real Estate Services Growth-111.93%-28.94%129.75%49.24%--
Homebuilding47.38M60.13M40.7M43.4M---
Homebuilding Growth-26.92%-32.32%6.64%---

Frequently Asked Questions

Valuation & Price

Comstock Holding Companies, Inc. (CHCI) has a price-to-earnings (P/E) ratio of 8.0x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Comstock Holding Companies, Inc. (CHCI) reported $55.8M in revenue for fiscal year 2024. This represents a 151% increase from $22.2M in 2011.

Comstock Holding Companies, Inc. (CHCI) grew revenue by 14.7% over the past year. This is steady growth.

Yes, Comstock Holding Companies, Inc. (CHCI) is profitable, generating $13.9M in net income for fiscal year 2024 (28.4% net margin).

Dividend & Returns

Comstock Holding Companies, Inc. (CHCI) has a return on equity (ROE) of 32.5%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

Comstock Holding Companies, Inc. (CHCI) generated Funds From Operations (FFO) of $14.2M in the trailing twelve months. FFO is the primary profitability metric for REITs.

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