Tejon Ranch Company (TRC) AI Stock Analysis

• Market Cap: $419.01M
• Dividend Yield: N/A
• Average Volume (3M): 110.07K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.54
• Revenue Growth: 15.71%
• EPS Growth: N/A
• Country: US
• Employees: 82
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): 0.06
• Shares Outstanding: 26,893,955
• 10 Day Avg. Volume: 103,060
• 30 Day Avg. Volume: 110,070
• PEG Ratio: -9.51
• Price to Book (P/B): 0.90
• Price to Sales (P/S): 10.18
• P/FCF Ratio: -8.23
• Enterprise Value/Market Cap: 1.27
• Enterprise Value/Revenue: 11.47
• Enterprise Value/Gross Profit: 120.39
• Enterprise Value/Ebitda: -45.69
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: $15.50 ▼(-3.37% Downside)

Tejon Ranch Company's overall stock score is driven by financial challenges and weak technical indicators. Despite a positive earnings call sentiment, the negative P/E ratio and lack of dividend yield weigh heavily on the valuation. The company's operational inefficiencies and cash management issues are significant risks, overshadowing the positive developments in farming and real estate.

Tejon Ranch Company Business Overview & Revenue Model

Company Description

Tejon Ranch Co., together with its subsidiaries, operates as a diversified real estate development and agribusiness company. It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations. The Commercial/Industrial Real Estate Development segment engages in the planning and permitting of land for development; construction of infrastructure projects, pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own development. It is also involved in the activities related to communications leases, and landscape maintenance. This segment leases land to two auto service stations with convenience stores, 13 fast-food operations, a motel, an antique shop, and a post office; various microwave repeater locations, radio and cellular transmitter sites, and fiber optic cable routes; and 32 acres of land for an electric power plant. The Resort/Residential Real Estate Development segment engages in land entitlement, planning, pre-construction engineering, stewardship, and conservation activities. The Mineral Resources segment includes oil and gas royalties, rock and aggregate royalties, and royalties from a cement operation leased to National Cement Company of California, Inc.; and the management of water assets and infrastructure projects. The Farming segment farms permanent crops, such as wine grapes in 1,036 acres, almonds in 2,262 acres, and pistachios in 1,053 acres. It also manages the farming of alfalfa and forage mix on 626 acres in the Antelope Valley; and leases 720 acres of land for growing vegetables, as well as almonds. The Ranch Operations segment provides game management and ancillary land services comprising grazing leases and filming, as well as various guided hunts. Tejon Ranch Co. was founded in 1843 and is based in Lebec, California.

How the Company Makes Money

Tejon Ranch Company generates revenue through multiple channels. The primary revenue stream comes from real estate development, where the company sells or leases land for commercial and residential projects, often in partnership with developers and builders. The agriculture sector contributes significantly by selling crops produced on its lands, and the company also benefits from leasing arrangements for agricultural use. Additionally, TRC earns income through resource management and conservation initiatives. Partnerships with various entities, including government agencies and private companies, enhance its revenue potential by enabling collaborative projects that leverage its land for environmental and recreational purposes.

Tejon Ranch Company Financial Statement Overview

Summary

Tejon Ranch Company faces financial challenges with negative profitability metrics and cash flow issues, despite a stable capital structure. The income statement and cash flow metrics highlight operational inefficiencies and cash management problems, which need addressing to improve financial health.

Income Statement

Tejon Ranch Company shows a mixed performance in its income statement. The TTM (Trailing-Twelve-Months) data indicates a slight revenue growth rate of 2.46%, but profitability metrics such as the net profit margin and EBIT margin are negative, reflecting operational challenges. Historical data shows fluctuating revenue growth and declining gross profit margins, indicating instability in revenue generation and cost management.

Balance Sheet

The balance sheet reflects moderate financial stability with a manageable debt-to-equity ratio of 0.19 in the TTM period. However, the return on equity is negative, suggesting inefficiencies in generating returns from equity. The equity ratio remains healthy, indicating a strong capital structure, but the declining ROE poses a risk to long-term profitability.

Cash Flow

Cash flow analysis reveals significant challenges, with negative free cash flow growth and a high free cash flow to net income ratio, indicating cash flow issues despite reported net income. The operating cash flow to net income ratio is close to 1, suggesting limited cash conversion efficiency. The company needs to improve its cash management to support operations and growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	46.42M	41.89M	44.74M	79.22M	55.61M	37.83M
Gross Profit	4.42M	1.89M	6.17M	23.43M	9.58M	2.68M
EBITDA	-11.66M	-4.31M	1.11M	18.36M	4.33M	-1.81M
Net Income	2.98M	2.69M	3.27M	15.81M	5.35M	-740.00K
Balance Sheet
Total Assets	629.59M	608.00M	577.52M	566.79M	546.04M	536.35M
Cash, Cash Equivalents and Short-Term Investments	21.04M	53.71M	64.46M	72.56M	47.18M	58.09M
Total Debt	91.94M	66.94M	47.94M	49.94M	52.63M	56.88M
Total Liabilities	141.00M	119.04M	94.43M	89.20M	89.53M	91.02M
Stockholders Equity	473.23M	473.59M	467.73M	462.23M	441.15M	429.96M
Cash Flow
Free Cash Flow	-11.33M	-51.79M	-13.71M	-15.06M	-20.48M	-10.35M
Operating Cash Flow	9.16M	14.31M	13.65M	8.53M	2.82M	15.48M
Investing Cash Flow	-64.47M	-25.75M	-14.00M	-1.89M	-14.65M	19.78M
Financing Cash Flow	31.51M	18.79M	-6.87M	-4.42M	-6.09M	-7.04M

Tejon Ranch Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TRC, the sentiment is Positive. The current price of 16.04 is above the 20-day moving average (MA) of 15.84, below the 50-day MA of 16.12, and below the 200-day MA of 16.57, indicating a neutral trend. The MACD of -0.07 indicates Negative momentum. The RSI at 52.43 is Neutral, neither overbought nor oversold. The STOCH value of 54.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TRC.

Tejon Ranch Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CRESY	68 Neutral	$778.76M	7.74	11.12%	8.14%	-8.49%	-12.31%
IRS	68 Neutral	$1.13B	5.90	13.98%	6.43%	1.13%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
CODI	53 Neutral	$443.89M	―	―	16.81%	6.77%	9.95%
FIP	52 Neutral	$590.78M	-2.10	-13.99%	1.69%	32.39%	-19.35%
TRC	48 Neutral	$419.01M	-794.90	0.63%	―	15.71%	―
TUSK	48 Neutral	$94.94M	―	-24.62%	―	-21.67%	60.44%

Tejon Ranch Company Corporate Events

Tejon Ranch Co. Reports Strong Q3 2025 Performance

Tejon Ranch Co. is a diversified real estate development and agribusiness company, known for its vast 270,000-acre land holding in California, focusing on real estate and agricultural operations. In its third quarter of 2025, Tejon Ranch Co. reported a significant turnaround with a net income of $1.7 million, marking a $3.5 million improvement from the previous year’s loss. The company’s revenue remained stable at $14.7 million, while its farming segment saw a notable revenue increase of 34% year-over-year. The company’s industrial portfolio is fully leased, and its residential community project, Terra Vista at Tejon, is progressing well with over half of its units leased. Additionally, Tejon Ranch Co. implemented a 20% workforce reduction, aiming for $2 million in annual savings. Looking ahead, Tejon Ranch Co. is poised to leverage its strategic location in California for continued growth, with expectations of increased traffic and activity from new developments like the Hard Rock Tejon Casino. The company remains focused on enhancing its operational efficiency and maximizing returns from its existing assets.

Tejon Ranch Co. Plans Investor Event at NYSE

Tejon Ranch Co. announced it will release its third quarter 2025 operating and financial results on November 6, 2025, followed by a conference call for shareholders and interested parties. Additionally, the company will host an Investor Engagement Event at the New York Stock Exchange on November 14, 2025, to discuss its strategic vision, enhancing shareholder engagement.

The most recent analyst rating on (TRC) stock is a Hold with a $17.00 price target. To see the full list of analyst forecasts on Tejon Ranch Company stock, see the TRC Stock Forecast page.

Tejon Ranch Co. Reports Quarterly Financial Results

Tejon Ranch Co., a prominent real estate development company based in California, is engaged in commercial, industrial, resort, and residential real estate development, as well as mineral resources, farming, and ranch operations. The company is known for its extensive land holdings and strategic development projects across various sectors.