CBL  Cbl & Associates Properties In...

Exchange

NYSE

Sector

Consumer Services

Industry

Real Estate Investment Trusts

Market Cap.

4.147B

Poor Cash Return on Invested Capital over the past 5 years

CBL has been unable to consistently generate sufficient returns from its investments in buildings, projects and equipment. This could be due to poor management, lack of an economic moat or the capital intensive nature of the business.

CBL has only created $1.68 of cash for every $100 invested.
Figures in USD. Fiscal year ends in December
20072008200920102011
Free Cash Flow -94.44M -18.67M 201.91M 286.21M 224.96M
divided by
Invested Capital 8.11B 8.03B 7.73B 7.51B 6.72B
Cash ROIC -1.17% -0.23% 2.61% 3.81% 3.35%

Poor Return on Equity over the past 5 years

CBL has shown an inability to deliver strong results for shareholders. This could be due to poor management, CBL operating in a highly competitive industry, or having a weak business in general.

CBL has only generated $7.05 of Earnings for every $100 of Shareholders' Equity.
Figures in USD. Fiscal year ends in December
20072008200920102011
Net Income 89.15M 31.59M -7.07M 98.17M 184.99M
divided by
Stockholders' Equity 920.55M 793.66M 1.12B 1.30B 1.26B
Return on Equity 9.68% 3.98% -0.63% 7.55% 14.64%

Poor Business Performance over the past 10 years

CBL's inability to produce positive free cash flow for the majority of the past 10 years is concerning. It should be a red flag, since this company does not have a track record of delivering results for shareholders. This could be due to poor management or the nature of its business.

CBL has been losing money for the majority of the past 10 years.
Figures in USD. Fiscal year ends in December
2002200320042005200620072008200920102011
Free Cash Flow -64.26M -226.28M -467.35M -398.25M -63.47M -94.44M -18.67M 201.91M 286.21M 224.96M