30 years of historical data (1995–2024) · Real Estate · REIT - Retail
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Cedar Realty Trust, Inc. trades at 128.9x earnings, 25% above its 5-year average of 103.5x, sitting at the 100th percentile of its historical range. Compared to the Real Estate sector median P/E of 23.4x, the stock trades at a premium of 452%.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $248M | $199M | $174M | $158M | $334M | $1.9B | $2.0B | $1.6B | $2.2B | — | — |
| Enterprise Value | $367M | $319M | $308M | $286M | $858M | $2.5B | $2.6B | $2.3B | $2.7B | — | — |
| P/E Ratio → | 128.93 | 103.50 | — | — | — | — | — | 421.78 | 113.82 | — | — |
| P/S Ratio | 7.17 | 5.75 | 5.03 | 4.65 | 2.62 | 13.65 | 13.90 | 10.80 | 14.83 | — | — |
| P/B Ratio | 4.41 | 3.54 | 2.37 | 0.78 | 0.76 | 3.80 | 3.89 | 2.94 | 3.44 | — | — |
| P/FCF | — | — | 97.14 | — | 20.05 | 610.91 | 91.99 | 59.63 | 67.74 | — | — |
| P/OCF | 26.17 | 21.01 | 21.11 | — | 7.43 | 43.46 | 37.30 | 28.35 | 37.64 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Cedar Realty Trust, Inc.'s enterprise value stands at 16.5x EBITDA, 20% above its 5-year average of 13.7x. The Real Estate sector median is 13.6x, placing the stock at a 21% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 9.22 | 8.90 | 8.40 | 6.73 | 18.35 | 18.25 | 14.89 | 18.78 | — | — |
| EV / EBITDA | 16.46 | 14.27 | 14.71 | 8.33 | 12.61 | 18.58 | 18.99 | 16.36 | 18.87 | — | — |
| EV / EBIT | 26.93 | 23.35 | 30.71 | 1480.37 | — | — | 104.89 | 85.42 | 65.51 | — | — |
| EV / FCF | — | — | 171.91 | — | 51.52 | 821.11 | 120.84 | 82.26 | 85.77 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Cedar Realty Trust, Inc. earns an operating margin of 39.5%, significantly above the Real Estate sector average of 22.0%. Operating margins have expanded from 0.6% to 39.5% over the past 3 years, signaling improving operational efficiency. ROE of 7.0% is modest. ROIC of 5.3% represents adequate returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.4% | 61.4% | 62.0% | 58.6% | 63.6% | 66.4% | 66.4% | 68.5% | 69.6% | 70.5% | 70.1% |
| Operating Margin | 39.5% | 39.5% | 29.0% | 0.6% | 18.5% | 15.8% | 17.4% | 20.6% | 28.8% | 25.1% | 33.5% |
| Net Profit Margin | 13.2% | 13.2% | 5.8% | -71.4% | -50.0% | -17.0% | -15.6% | 2.6% | 13.1% | 5.9% | 14.8% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.0% | 7.0% | 1.5% | -7.5% | -13.7% | -4.6% | -4.2% | 0.7% | 3.2% | 1.5% | 3.8% |
| ROA | 2.0% | 2.0% | 0.9% | -3.9% | -5.8% | -1.9% | -1.8% | 0.3% | 1.5% | 0.7% | 1.7% |
| ROIC | 5.3% | 5.3% | 2.8% | 0.0% | 1.7% | 1.4% | 1.6% | 2.0% | 2.6% | 2.3% | 3.0% |
| ROCE | 6.5% | 6.5% | 4.6% | 0.0% | 2.5% | 2.2% | 2.3% | 2.8% | 3.6% | 3.2% | 4.1% |
Solvency and debt-coverage ratios — lower is generally safer
Cedar Realty Trust, Inc. carries a Debt/EBITDA ratio of 6.4x, which is highly leveraged (roughly in line with the sector average of 6.7x). Net debt stands at $120M ($143M total debt minus $23M cash). Interest coverage of just 1.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.54 | 2.54 | 1.91 | 0.65 | 1.20 | 1.31 | 1.23 | 1.12 | 0.92 | 1.04 | 1.13 |
| Debt / EBITDA | 6.40 | 6.40 | 6.71 | 3.83 | 7.74 | 4.77 | 4.55 | 4.51 | 3.99 | 4.16 | 7.64 |
| Net Debt / Equity | — | 2.13 | 1.82 | 0.63 | 1.19 | 1.31 | 1.22 | 1.11 | 0.91 | 1.04 | 1.13 |
| Net Debt / EBITDA | 5.37 | 5.37 | 6.40 | 3.72 | 7.70 | 4.76 | 4.53 | 4.50 | 3.97 | 4.14 | 7.62 |
| Debt / FCF | — | — | 74.76 | — | 31.47 | 210.21 | 28.85 | 22.63 | 18.03 | 14.39 | 14.53 |
| Interest Coverage | 1.50 | 1.50 | 1.25 | 0.02 | 1.27 | 0.98 | 1.07 | 1.41 | 1.89 | 1.43 | 1.77 |
Short-term solvency ratios and asset-utilisation metrics
Cedar Realty Trust, Inc.'s current ratio of 2.31x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 1.18x to 2.31x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.31 | 2.31 | 1.44 | 1.18 | 0.98 | 0.17 | 0.28 | 0.28 | 0.31 | 0.22 | 0.45 |
| Quick Ratio | 2.31 | 2.31 | 1.44 | 1.18 | 9.64 | 0.17 | 0.28 | 0.33 | 0.37 | 0.27 | 0.45 |
| Cash Ratio | 1.40 | 1.40 | 0.40 | 0.22 | 0.03 | 0.01 | 0.02 | 0.02 | 0.05 | 0.03 | 0.02 |
| Asset Turnover | — | 0.16 | 0.15 | 0.15 | 0.13 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 |
| Inventory Turnover | 531.08 | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Cedar Realty Trust, Inc. returns 8.9% to shareholders annually — split between a 4.2% dividend yield and 4.6% buyback yield. The payout ratio exceeds 100% at 229.7%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 0.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.2% | 5.3% | 6.2% | 100.0% | 1.2% | 0.4% | 0.9% | 1.1% | 0.8% | — | — |
| Payout Ratio | 229.7% | 229.7% | — | — | — | — | — | 470.6% | 92.4% | 190.6% | 76.8% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.8% | 1.0% | — | — | — | — | — | 0.2% | 0.9% | — | — |
| FCF Yield | — | — | 1.0% | — | 5.0% | 0.2% | 1.1% | 1.7% | 1.5% | — | — |
| Buyback Yield | 4.6% | 5.8% | 0.0% | 0.3% | 0.0% | 0.0% | 0.3% | 0.1% | 0.0% | — | — |
| Total Shareholder Yield | 8.9% | 11.0% | 6.2% | 100.0% | 1.2% | 0.4% | 1.2% | 1.3% | 0.8% | — | — |
| Shares Outstanding | — | $14M | $14M | $13M | $13M | $86M | $86M | $86M | $86M | $86M | $86M |
Compare CDR-PC with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| CDR-PCYou | $248M | 128.9 | 16.5 | — | 61.4% | 39.5% | 7.0% | 5.3% | 6.4 |
| KIM | $16B | 42.8 | 19.4 | 23.5 | 68.7% | 30.9% | 4.0% | 2.7% | 7.0 |
| REG | $14B | 37.4 | 14.4 | 18.2 | 71.2% | 64.4% | 5.7% | 6.1% | 3.7 |
| BRX | $9B | 24.2 | 9.9 | 14.2 | 87.0% | 35.2% | 12.9% | 6.8% | — |
| KRG | $5B | 18.9 | 15.3 | 19.6 | 53.3% | 23.1% | 9.0% | 2.3% | 5.9 |
| PECO | $5B | 77.0 | 10.6 | 20.6 | 71.2% | 64.3% | 2.4% | 6.7% | 3.2 |
| CURB | $3B | 75.2 | 31.0 | 27.3 | 35.7% | 16.6% | 2.1% | 1.3% | 5.4 |
| IVT | $2B | 22.0 | 18.6 | 15.6 | -14.1% | 17.2% | 6.3% | 1.5% | 5.4 |
| BFS | $835M | 20.9 | 13.7 | 6.9 | 73.2% | 45.1% | 10.1% | 4.7% | 8.9 |
| WSR | $770M | -63.3 | 15.7 | 15.2 | 68.8% | 33.3% | 11.0% | 3.7% | 7.2 |
| SITC | $323M | 1.8 | 0.9 | 16.5 | — | 171.7% | 41.8% | 27.2% | — |
| Real Estate Median | — | 23.4 | 13.6 | 13.7 | 60.4% | 22.0% | 3.3% | 2.6% | 6.7 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonCedar Realty Trust, Inc.'s current P/E ratio is 128.9x. The historical average is 108.7x. This places it at the 100th percentile of its historical range.
Cedar Realty Trust, Inc.'s current EV/EBITDA is 16.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.3x.
Cedar Realty Trust, Inc.'s return on equity (ROE) is 7.0%. The historical average is -0.8%.
Based on historical data, Cedar Realty Trust, Inc. is trading at a P/E of 128.9x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Cedar Realty Trust, Inc.'s current dividend yield is 4.22% with a payout ratio of 229.7%.
Cedar Realty Trust, Inc. has 61.4% gross margin and 39.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Cedar Realty Trust, Inc.'s Debt/EBITDA ratio is 6.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.