CTO Realty Growth Inc
CTO Realty Growth, Inc. is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States. CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc. (NYSE: PINE), a publicly traded net lease REIT.
CTO Realty Growth Inc (CTO) - Net Assets
Latest net assets as of September 2025: $557.25 Million USD
Based on the latest financial reports, CTO Realty Growth Inc (CTO) has net assets worth $557.25 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.22 Billion) and total liabilities ($665.10 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $557.25 Million |
| % of Total Assets | 45.59% |
| Annual Growth Rate | 7.92% |
| 5-Year Change | 74.64% |
| 10-Year Change | 336.5% |
| Growth Volatility | 13.81 |
CTO Realty Growth Inc - Net Assets Trend (1985–2024)
This chart illustrates how CTO Realty Growth Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CTO Realty Growth Inc (1985–2024)
The table below shows the annual net assets of CTO Realty Growth Inc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $612.80 Million | +33.94% |
| 2023-12-31 | $457.53 Million | -9.36% |
| 2022-12-31 | $504.77 Million | +17.26% |
| 2021-12-31 | $430.48 Million | +22.68% |
| 2020-12-31 | $350.90 Million | +22.94% |
| 2019-12-31 | $285.41 Million | +34.78% |
| 2018-12-31 | $211.76 Million | +14.98% |
| 2017-12-31 | $184.18 Million | +24.21% |
| 2016-12-31 | $148.28 Million | +5.62% |
| 2015-12-31 | $140.39 Million | +9.33% |
| 2014-12-31 | $128.40 Million | +6.85% |
| 2013-12-31 | $120.17 Million | +5.21% |
| 2012-12-31 | $114.22 Million | +0.93% |
| 2011-12-31 | $113.16 Million | -3.77% |
| 2010-12-31 | $117.60 Million | -0.37% |
| 2009-12-31 | $118.03 Million | +0.19% |
| 2008-12-31 | $117.81 Million | +0.98% |
| 2007-12-31 | $116.67 Million | +13.28% |
| 2006-12-31 | $103.00 Million | +8.45% |
| 2005-12-31 | $94.97 Million | +19.29% |
| 2004-12-31 | $79.61 Million | +21.25% |
| 2003-12-31 | $65.66 Million | +24.22% |
| 2002-12-31 | $52.86 Million | +16.47% |
| 2001-12-31 | $45.38 Million | -2.52% |
| 2000-12-31 | $46.55 Million | -3.01% |
| 1999-12-31 | $48.00 Million | +38.33% |
| 1998-12-31 | $34.70 Million | -8.44% |
| 1997-12-31 | $37.90 Million | +5.87% |
| 1996-12-31 | $35.80 Million | +9.48% |
| 1995-12-31 | $32.70 Million | +5.14% |
| 1994-12-31 | $31.10 Million | +15.61% |
| 1993-12-31 | $26.90 Million | -3.93% |
| 1992-12-31 | $28.00 Million | +13.36% |
| 1991-12-31 | $24.70 Million | +8.81% |
| 1990-12-31 | $22.70 Million | -38.32% |
| 1989-12-31 | $36.80 Million | +2.51% |
| 1988-12-31 | $35.90 Million | +2.28% |
| 1987-12-31 | $35.10 Million | +7.67% |
| 1986-12-31 | $32.60 Million | +3.82% |
| 1985-12-31 | $31.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CTO Realty Growth Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 851.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $232.09 Million | 37.87% |
| Common Stock | $317.00K | 0.05% |
| Other Comprehensive Income | $12.52 Million | 2.04% |
| Other Components | $367.88 Million | 60.03% |
| Total Equity | $612.80 Million | 100.00% |
CTO Realty Growth Inc Competitors by Market Cap
The table below lists competitors of CTO Realty Growth Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shiny Chemical Industrial Co Ltd
TW:1773
|
$590.61 Million |
|
Sichuan Jiuyuan Yinhai Software Co Ltd
SHE:002777
|
$590.69 Million |
|
Lunit Inc.
KQ:328130
|
$590.83 Million |
|
DeFi Technologies Inc
OTCQB:DEFTF
|
$590.86 Million |
|
Devyani International Limited
NSE:DEVYANI
|
$590.49 Million |
|
Orrstown Financial Services Inc
NASDAQ:ORRF
|
$590.37 Million |
|
Jinxin Fertility Group Limited
PINK:JXFGF
|
$590.21 Million |
|
F.C.C. Co. Ltd
F:FCV
|
$590.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CTO Realty Growth Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 457,526,000 to 612,798,000, a change of 155,272,000 (33.9%).
- Net loss of 1,965,000 reduced equity.
- Dividend payments of 47,094,000 reduced retained earnings.
- Share repurchases of 664,000 reduced equity.
- New share issuances of 197,824,000 increased equity.
- Other comprehensive income increased equity by 5,626,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.97 Million | -0.32% |
| Dividends Paid | $47.09 Million | -7.69% |
| Share Repurchases | $664.00K | -0.11% |
| Share Issuances | $197.82 Million | +32.28% |
| Other Comprehensive Income | $5.63 Million | +0.92% |
| Other Changes | $1.54 Million | +0.25% |
| Total Change | $- | 33.94% |
Book Value vs Market Value Analysis
This analysis compares CTO Realty Growth Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.79x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 7.82x to 0.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $2.44 | $19.11 | x |
| 1986-12-31 | $1.73 | $19.11 | x |
| 1987-12-31 | $1.80 | $19.11 | x |
| 1988-12-31 | $1.82 | $19.11 | x |
| 1989-12-31 | $1.64 | $19.11 | x |
| 1990-12-31 | $1.08 | $19.11 | x |
| 1991-12-31 | $1.30 | $19.11 | x |
| 1992-12-31 | $1.49 | $19.11 | x |
| 1993-12-31 | $1.45 | $19.11 | x |
| 1994-12-31 | $1.65 | $19.11 | x |
| 1995-12-31 | $1.74 | $19.11 | x |
| 1996-12-31 | $1.88 | $19.11 | x |
| 1997-12-31 | $2.02 | $19.11 | x |
| 1998-12-31 | $1.74 | $19.11 | x |
| 1999-12-31 | $2.92 | $19.11 | x |
| 2000-12-31 | $2.64 | $19.11 | x |
| 2001-12-31 | $2.62 | $19.11 | x |
| 2002-12-31 | $3.13 | $19.11 | x |
| 2003-12-31 | $3.86 | $19.11 | x |
| 2004-12-31 | $4.67 | $19.11 | x |
| 2005-12-31 | $5.51 | $19.11 | x |
| 2006-12-31 | $6.02 | $19.11 | x |
| 2007-12-31 | $6.78 | $19.11 | x |
| 2008-12-31 | $6.86 | $19.11 | x |
| 2009-12-31 | $6.87 | $19.11 | x |
| 2010-12-31 | $6.85 | $19.11 | x |
| 2011-12-31 | $6.59 | $19.11 | x |
| 2012-12-31 | $6.35 | $19.11 | x |
| 2013-12-31 | $6.96 | $19.11 | x |
| 2014-12-31 | $7.38 | $19.11 | x |
| 2015-12-31 | $7.70 | $19.11 | x |
| 2016-12-31 | $8.67 | $19.11 | x |
| 2017-12-31 | $11.01 | $19.11 | x |
| 2018-12-31 | $12.77 | $19.11 | x |
| 2019-12-31 | $19.04 | $19.11 | x |
| 2020-12-31 | $24.86 | $19.11 | x |
| 2021-12-31 | $24.35 | $19.11 | x |
| 2022-12-31 | $27.27 | $19.11 | x |
| 2023-12-31 | $20.31 | $19.11 | x |
| 2024-12-31 | $24.12 | $19.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CTO Realty Growth Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.58%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.93x
- Recent ROE (-0.32%) is below the historical average (9.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 11.46% | 15.25% | 0.59x | 1.26x | $460.00K |
| 1986 | 6.75% | 9.17% | 0.54x | 1.37x | $-1.06 Million |
| 1987 | 7.41% | 6.86% | 0.53x | 2.02x | $-910.00K |
| 1988 | 5.85% | 4.61% | 0.59x | 2.14x | $-1.49 Million |
| 1989 | 4.93% | 3.82% | 0.61x | 2.13x | $-1.85 Million |
| 1990 | -56.44% | -39.81% | 0.43x | 3.30x | $-14.95 Million |
| 1991 | 13.06% | 6.90% | 0.69x | 2.76x | $750.00K |
| 1992 | 14.29% | 9.76% | 0.62x | 2.36x | $1.20 Million |
| 1993 | 2.97% | 2.31% | 0.52x | 2.47x | $-1.89 Million |
| 1994 | 20.65% | 25.91% | 0.40x | 1.98x | $3.30 Million |
| 1995 | 13.50% | 26.51% | 0.28x | 1.83x | $1.14 Million |
| 1996 | 18.44% | 30.70% | 0.36x | 1.67x | $3.02 Million |
| 1997 | 10.55% | 17.70% | 0.39x | 1.54x | $210.00K |
| 1998 | 3.75% | 20.31% | 0.13x | 1.44x | $-2.17 Million |
| 1999 | 32.92% | 92.40% | 0.27x | 1.32x | $11.00 Million |
| 2000 | 19.03% | 44.61% | 0.31x | 1.36x | $4.20 Million |
| 2001 | -1.40% | -6.88% | 0.15x | 1.37x | $-5.17 Million |
| 2002 | 17.57% | 34.50% | 0.36x | 1.41x | $4.00 Million |
| 2003 | 20.10% | 39.81% | 0.34x | 1.49x | $6.63 Million |
| 2004 | 18.40% | 34.90% | 0.35x | 1.50x | $6.69 Million |
| 2005 | 15.60% | 34.02% | 0.30x | 1.51x | $5.32 Million |
| 2006 | 13.62% | 33.14% | 0.28x | 1.49x | $3.73 Million |
| 2007 | 11.60% | 33.97% | 0.23x | 1.47x | $1.87 Million |
| 2008 | 4.10% | 26.17% | 0.11x | 1.47x | $-6.95 Million |
| 2009 | 0.68% | 4.67% | 0.10x | 1.50x | $-11.00 Million |
| 2010 | -0.51% | -4.50% | 0.08x | 1.51x | $-12.36 Million |
| 2011 | -4.16% | -32.01% | 0.09x | 1.50x | $-16.02 Million |
| 2012 | 0.52% | 3.46% | 0.09x | 1.62x | $-10.82 Million |
| 2013 | 3.07% | 14.26% | 0.11x | 1.88x | $-8.33 Million |
| 2014 | 4.97% | 17.97% | 0.13x | 2.15x | $-6.46 Million |
| 2015 | 6.19% | 19.41% | 0.11x | 3.01x | $-5.13 Million |
| 2016 | 10.96% | 22.86% | 0.17x | 2.76x | $1.42 Million |
| 2017 | 22.65% | 45.64% | 0.20x | 2.53x | $23.30 Million |
| 2018 | 17.55% | 42.88% | 0.16x | 2.63x | $15.99 Million |
| 2019 | 40.28% | 255.83% | 0.06x | 2.46x | $86.43 Million |
| 2020 | 22.37% | 139.25% | 0.08x | 1.90x | $43.42 Million |
| 2021 | 6.96% | 42.61% | 0.10x | 1.70x | $-13.11 Million |
| 2022 | 0.63% | 3.84% | 0.08x | 1.95x | $-47.32 Million |
| 2023 | 1.21% | 5.07% | 0.11x | 2.16x | $-40.22 Million |
| 2024 | -0.32% | -1.58% | 0.11x | 1.93x | $-63.24 Million |
Industry Comparison
This section compares CTO Realty Growth Inc's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $1,431,457,758
- Average return on equity (ROE) among peers: 3.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CTO Realty Growth Inc (CTO) | $557.25 Million | 11.46% | 1.19x | $590.56 Million |
| American Assets Trust Inc (AAT) | $189.17 Million | -3.71% | 4.13x | $997.50 Million |
| Armada Hflr Pr (AHH) | $-37.40 Million | 0.00% | 0.00x | $449.55 Million |
| Armada Hoffler Properties, Inc. (AHRT-PA) | $805.18 Million | 1.03% | 2.18x | $1.76 Billion |
| Precinct Properties New Zealand Limited (AOTUF) | $390.30 Million | 1.91% | 0.25x | $1.05 Billion |
| Artis REIT (ARESF) | $4.10 Million | 0.00% | 1.29x | $228.58 Million |
| Ascott Residence Trust (ATTRF) | $3.13 Billion | 4.71% | 0.70x | $1.70 Billion |
| Broadstone Net Lease Inc (BNL) | $1.28 Billion | 4.27% | 1.01x | $3.74 Billion |
| British Land Company Plc (BRLAF) | $4.11 Billion | 3.88% | 1.12x | $5.24 Billion |
| Icade SA (CDMGF) | $1.16 Billion | 6.10% | 1.97x | $700.47 Million |
| Charter Hall Long WALE REIT (CHLWF) | $3.28 Billion | 18.86% | 0.43x | $1.19 Billion |