कंपनी का अवलोकन
Cross Timbers Royalty Trust (CRT) operates as an express trust entity within the United States, holding significant net profits interests in a portfolio of producing and nonproducing royalty and overriding royalty properties. The company functions within the Energy sector, specifically focusing on the Oil & Gas E&P industry, where it manages assets located in Texas, Oklahoma, and New Mexico. Cross Timbers Royalty Trust maintains a market capitalization of $63.48M, supported by an annual revenue of $5.79M, while the total employee count is listed as N/A. These valuation metrics indicate that the company operates with a relatively small market presence compared to large-cap integrated oil majors, reflecting its status as a specialized royalty trust rather than a diversified energy conglomerate. The absence of significant operational headcount suggests a lean management structure typical for royalty trusts that rely on existing production streams rather than active drilling operations.
वित्तीय स्वास्थ्य
The company reported a total revenue of $5.79M over the trailing twelve months, generating a net income of $4.49M, whereas the EBITDA figure is not disclosed in the available financial data. The substantial gap between revenue and net income, evidenced by a profit margin of 77.6%, reveals an exceptionally favorable cost structure where operating expenses are minimal relative to the gross inflows from royalty payments. Although the free cash flow metric is not explicitly provided, the company holds a cash balance of $2.13M against zero total debt, which implies a high degree of financial flexibility and an absence of mandatory interest payments that could constrain cash availability. The gross margin stands at 100.0%, indicating that the company incurs no direct costs of goods sold, a characteristic inherent to royalty ownership models. The operating margin is recorded at 92.0%, further demonstrating efficient management of overhead costs. The current ratio is 1.00, suggesting that the company's short-term liquid assets exactly match its short-term liabilities, indicating a precise but potentially tight liquidity position. Return on Equity is an impressive 195.6%, while Return on Assets is 76.2%, metrics that collectively reveal highly effective management in generating returns from the equity base and the total asset pool.
मूल्यांकन आकलन
The trailing twelve-month P/E ratio is 14.11, while the forward P/E ratio is not available in the provided data, making it impossible to derive a definitive implication regarding the expected earnings trajectory based on forward expectations. The price-to-book ratio is 29.39, which indicates a significant market premium where the stock price is valued at nearly thirty times the company's book value, reflecting high investor expectations for future cash flows from the underlying assets. The price-to-sales ratio is 10.97, suggesting that the market values the company significantly higher than its revenue generation, while the EV/EBITDA metric is not disclosed. The stock has traded within a 52-week range with a high of $11.46 and a low of $7.07, placing the current valuation within this historical band without specific conversion to percentage deviation from the high or low. The beta value is 0.04, which indicates extremely low price volatility relative to the broader market, suggesting the stock price moves independently of general market fluctuations.
Growth & Income
Cross Timbers Royalty Trust demonstrated a revenue growth rate of 11.2% year-over-year, while earnings growth was 3.3% for the same period, implying that earnings are growing at a slower pace than revenue, which can indicate margin compression or one-time gains in the prior period. The company offers a dividend yield of 5.1% with a payout ratio of 100.0%, meaning the entire net income is distributed to shareholders, which requires careful monitoring to ensure sustainability given the static nature of royalty assets. Since the free cash flow and debt figures are either N/A or zero, the ability to sustain the 100.0% payout relies entirely on the continued production levels of the underlying oil and gas interests in the specified regions. The overall profile presents a high-yield income stream with modest recent earnings expansion and a balance sheet free of debt obligations.