Chatham Lodging Trust (REIT) (CLDT) vs Sunstone Hotel Investors, Inc. (SHO)

Chatham Lodging Trust (REIT) and Sunstone Hotel Investors, Inc. are both Reit Hotel & Motel companies. Sunstone Hotel Investors, Inc. is the larger, with a market value of $2.1B against $624.0M — 3.3× the size. Sunstone Hotel Investors, Inc. trades at the lower P/E: 50.9× against 167×. Sunstone Hotel Investors, Inc. grew revenue faster over the last twelve months: 7.28% against −3.14%. Sunstone Hotel Investors, Inc. has the higher net margin (4.21% vs 1.36%) and the lower return on invested capital (2.16% vs 2.46%). Both pay a dividend; Sunstone Hotel Investors, Inc. yields more (2.43% vs 1.98%). Across the 21 metrics below, Sunstone Hotel Investors, Inc. leads on 12 and Chatham Lodging Trust (REIT) on 9.

Valuation

Metric CLDT SHO Reit Hotel & Motel median
P/E 166.88 50.86 25.03
P/S 2.07 2.07 1.53
P/B 0.82 1.27 1.05
Price to free cash flow n/m 19.91 7.25
EV/EBITDA 8.26 11.76 11.74
EV/Sales 2.72 2.83 2.64
Earnings yield 0.60% 1.97% (0.39%)
Free cash flow yield (3.23%) 5.02% 7.53%

Profitability

Metric CLDT SHO Reit Hotel & Motel median
Gross margin 55.63% 63.41% 37.37%
Operating margin 12.52% 9.12% 9.53%
Net margin 1.36% 4.21% (0.66%)
Free cash flow margin (6.68%) 9.65% 17.01%
Return on equity 0.53% 2.53% 0.53%
Return on assets 0.34% 1.40% (0.26%)
Return on invested capital 2.46% 2.16% 2.16%

Growth

Metric CLDT SHO Reit Hotel & Motel median
Revenue growth (TTM) (3.14%) 7.28% 1.17%
EPS growth (last fiscal year) 275.00% (71.43%) —
Revenue growth, 5-year CAGR 15.28% 29.08% 24.43%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CLDT SHO Reit Hotel & Motel median
Debt to equity 0.28 0.51 0.83
Current ratio 0.72 3.84 1.34
Net debt to EBITDA 1.07 3.29 5.14

Dividend

Metric CLDT SHO Reit Hotel & Motel median
Dividend yield 1.98% 2.43% 3.10%
Payout ratio 1.50 0.48 0.48

Size

Metric CLDT SHO Reit Hotel & Motel median
Market cap 623.98m 2.07b 1.70b

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