Professional
Added to YB: 2025-05-23
Pitch date: 2025-05-21
CPPTL [neutral]
Copper Property CTL Pass Through Trust
+6.96%
current return
Author Info
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Company Info
Copper Property CTL Pass Through Trust owns, operates, and leases retail properties in the United States.
Market Cap
$927.8M
Pitch Price
$11.31
Price Target
N/A
Dividend
16.57%
EV/EBITDA
11.07
P/E
12.87
EV/Sales
9.36
Sector
Real Estate Management and Development
Category
value
Pernas Research Passes On: Copper Property
CPPTL pass: Liquidation trust from JCP bankruptcy w/ 160+ retail properties on triple-net leases. Has returned $1.4B to shareholders. Lacks margin of safety at current valuation near book value despite high yield. Concentrated income & potential underwhelming property sales are risks. Waiting for pullback.
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