Chatham Lodging Trust (REIT) (CLDT) vs Xenia Hotels & Resorts, Inc. (XHR)

Chatham Lodging Trust (REIT) and Xenia Hotels & Resorts, Inc. are both Reit Hotel & Motel companies. Xenia Hotels & Resorts, Inc. is the larger, with a market value of $1.7B against $624.0M — 2.6× the size. Xenia Hotels & Resorts, Inc. has negative trailing earnings, so its P/E is not meaningful; Chatham Lodging Trust (REIT) trades at 167×. Xenia Hotels & Resorts, Inc. grew revenue faster over the last twelve months: 1.65% against −3.14%. Chatham Lodging Trust (REIT) has the higher net margin (1.36% vs −0.66%) and the higher return on invested capital (2.46% vs 1.96%). Both pay a dividend; Xenia Hotels & Resorts, Inc. yields more (3.04% vs 1.98%). Across the 20 metrics below, Chatham Lodging Trust (REIT) leads on 10 and Xenia Hotels & Resorts, Inc. on 10.

Valuation

Metric CLDT XHR Reit Hotel & Motel median
P/E 166.88 n/m 25.03
P/S 2.07 1.53 1.53
P/B 0.82 1.44 1.05
Price to free cash flow n/m 16.26 7.25
EV/EBITDA 8.26 13.77 11.74
EV/Sales 2.72 2.60 2.64
Earnings yield 0.60% (0.39%) (0.39%)
Free cash flow yield (3.23%) 6.15% 7.53%

Profitability

Metric CLDT XHR Reit Hotel & Motel median
Gross margin 55.63% 59.81% 37.37%
Operating margin 12.52% 6.69% 9.53%
Net margin 1.36% (0.66%) (0.66%)
Free cash flow margin (6.68%) 10.57% 17.01%
Return on equity 0.53% (0.60%) 0.53%
Return on assets 0.34% (0.26%) (0.26%)
Return on invested capital 2.46% 1.96% 2.16%

Growth

Metric CLDT XHR Reit Hotel & Motel median
Revenue growth (TTM) (3.14%) 1.65% 1.17%
EPS growth (last fiscal year) 275.00% 326.67% —
Revenue growth, 5-year CAGR 15.28% 23.87% 24.43%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CLDT XHR Reit Hotel & Motel median
Debt to equity 0.28 1.17 0.83
Current ratio 0.72 2.47 1.34
Net debt to EBITDA 1.07 4.94 5.14

Dividend

Metric CLDT XHR Reit Hotel & Motel median
Dividend yield 1.98% 3.04% 3.10%
Payout ratio 1.50 0.83 0.48

Size

Metric CLDT XHR Reit Hotel & Motel median
Market cap 623.98m 1.65b 1.70b

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