Added to YB: 2024-09-13
Pitch date: 2024-09-12
CHCI [bullish]
Comstock Holding Companies, Inc.
+40.19%
current return
Author Info
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Company Info
Comstock Holding Companies, Inc. operates as a real estate asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.
Market Cap
$118.0M
Pitch Price
$8.21
Price Target
N/A
Dividend
N/A
Sector
Real Estate Management and Development
Category
growth
NASDAQ: CHCI | Hiding in Plain Sight under NVR Influence
CHCI: Asset-light property mgmt, 26% rev & 45% EBITDA CAGR 2020-24. $2.2B AUM to $5.5B by 2026. 70% insider owned (31% NVR founder). 80% recurring rev, guaranteed till 2035. No debt, $20M net cash. At 4x EBITDA vs peers 15x. Est. 45% IRR in 5yrs. Catalysts: portfolio buildout, cash returns.
Read full article (3 min)