City Office

Company Profile

City Office had its IPO on 2014-04-15 under the ticker symbol CIO.

The company operates in the Real Estate sector and REIT-Office industry. City Office has a staff strength of 23 employees.

Stock update

Shares of City Office opened at $5.06 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $5.05 - $5.23, and closed at $5.15.

This is a +1.18% increase from the previous day's closing price.

A total volume of 164,260 shares were traded at the close of the day’s session.

In the last one week, shares of City Office have increased by +2.79%.

City Office's Key Ratios

City Office has a market cap of $198.93 million, indicating a price to book ratio of 0.5159 and a price to sales ratio of 2.0375.

In the last 12-months City Office’s revenue was $181.59 million with a gross profit of $112.75 million and an EBITDA of $98.55 million. The EBITDA ratio measures City Office's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, City Office’s operating margin was 20.13% while its return on assets stood at 1.42% with a return of equity of -0.73%.

In Q1, City Office’s quarterly earnings growth was a negative -52.3% while revenue growth was a positive 2.5%.

City Office’s PE and PEG Ratio

Forward PE

384.6154

Trailing PE

0

PEG

-7.88

Its diluted EPS in the last 12-months stands at $-0.36 per share while it has a forward price to earnings multiple of 384.6154 and a PEG multiple of -7.88. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into City Office’s profitability.

City Office stock is trading at a EV to sales ratio of 6.4571 and a EV to EBITDA ratio of 2.0703. Its price to sales ratio in the trailing 12-months stood at 2.0375.

City Office stock pays annual dividends of $0.8 per share, indicating a yield of 8.51% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.58 billion

Total Liabilities

$45.57 million

Operating Cash Flow

$-12420000.00

Capital Expenditure

$11.38 million

Dividend Payout Ratio

0%

City Office ended 2024 with $1.58 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.58 billion while shareholder equity stood at $791.13 million.

City Office ended 2024 with $8.87 million in deferred long-term liabilities, $45.57 million in other current liabilities, 399000.00 in common stock, $242.32 million in retained earnings and $0 in goodwill. Its cash balance stood at $35.85 million and cash and short-term investments were $35.85 million. The company’s total short-term debt was $195,713,000 while long-term debt stood at $708.48 million.

City Office’s total current assets stands at $99.00 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $46.76 million compared to accounts payable of $29.53 million and inventory worth $0.

In 2024, City Office's operating cash flow was $-12420000.00 while its capital expenditure stood at $11.38 million.

Comparatively, City Office paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$5.15

52-Week High

$13.1962

52-Week Low

$4.03

Analyst Target Price

$7.9

City Office stock is currently trading at $5.15 per share. It touched a 52-week high of $13.1962 and a 52-week low of $13.1962. Analysts tracking the stock have a 12-month average target price of $7.9.

Its 50-day moving average was $5.3 and 200-day moving average was $6.58 The short ratio stood at 1.29 indicating a short percent outstanding of 0%.

Around 353% of the company’s stock are held by insiders while 7690.1% are held by institutions.