TPHS - Trinity Place Holdings Inc Stock Price, Fair Value and News

0.14USD0.00 (0.00%)Market Closed

Market Summary

USD0.140.00

Market Closed

0.00%

TPHS Stock Price

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TPHS RSI Chart

TPHS Valuation

Market Cap

8.9M

Price/Earnings (Trailing)

-0.23

Price/Sales (Trailing)

0.27

EV/EBITDA

-0.37

Price/Free Cashflow

-1.63

TPHS Price/Sales (Trailing)

TPHS Profitability

EBT Margin

-115.58%

Return on Equity

388.33%

Return on Assets

-14.59%

Free Cashflow Yield

-61.29%

TPHS Fundamentals

TPHS Revenue

Revenue (TTM)

33.6M

Rev. Growth (Yr)

-84.91%

Rev. Growth (Qtr)

-85.45%

TPHS Earnings

Earnings (TTM)

-39.0M

Earnings Growth (Yr)

-11.04%

Earnings Growth (Qtr)

16.09%

Breaking Down TPHS Revenue

Last 30 days

-12.5%

Last 90 days

-17.6%

Trailing 12 Months

-54.1%

How does TPHS drawdown profile look like?

TPHS Financial Health

Current Ratio

1.13

Debt/Equity

-2.02

Debt/Cashflow

-0.27

TPHS Investor Care

Shares Dilution (1Y)

71.66%

Diluted EPS (TTM)

-1.02

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	50.4M	50.7M	42.3M	33.6M
2022	34.1M	39.6M	56.2M	43.0M
2021	1.4M	1.9M	4.0M	27.3M
2020	3.1M	2.2M	1.5M	1.3M
2019	4.6M	5.2M	4.9M	4.1M
2018	1.8M	2.0M	2.8M	3.7M
2017	1.8M	1.9M	1.9M	1.9M
2016	0	0	0	1.9M
2015	1.0M	0	0	0
2014	136.1M	0	0	0
2013	0	0	0	271.3M
2011	445.1M	429.0M	413.3M	359.1M
2010	377.3M	0	399.9M	422.5M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Trinity Place Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 10, 2024	citrin jeffrey b	acquired	-	-	169,642	-
Apr 10, 2024	cohen alan	acquired	-	-	59,809	-
Apr 10, 2024	minieri joanne	acquired	-	-	63,971	-
Apr 10, 2024	pattiz keith m	acquired	-	-	170,535	-
Apr 10, 2024	matina alexander c	acquired	-	-	69,332	-
Apr 10, 2024	bartels patrick j jr	acquired	-	-	41,658	-
Jan 30, 2024	messinger, matthew	sold (taxes)	-24,886	0.17	-146,389	president and ceo
Jan 30, 2024	messinger, matthew	acquired	-	-	265,348	president and ceo
Jan 02, 2024	pyontek richard guy	acquired	-	-	10,000	chief accounting officer
Jan 02, 2024	kahn steven	sold (taxes)	-1,705	0.11	-15,505	chief financial officer

Which funds bought or sold TPHS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 11, 2024	O'Keefe Stevens Advisory, Inc.	reduced	-0.57	16,666	65,167	0.02%
Mar 11, 2024	VANGUARD GROUP INC	reduced	-26.4	-310,403	89,513	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	new	-	3,180	3,180	-%
Feb 26, 2024	Virtu Financial LLC	new	-	4,000	4,000	-%
Feb 15, 2024	JANE STREET GROUP, LLC	new	-	2,636	2,636	-%
Feb 14, 2024	CITADEL ADVISORS LLC	added	156	-1,054	3,773	-%
Feb 14, 2024	THIRD AVENUE MANAGEMENT LLC	unchanged	-	-1,302,460	569,184	0.09%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	sold off	-100	-49,604	-	-%
Feb 14, 2024	BNP PARIBAS FINANCIAL MARKETS	unchanged	-	-3.00	1.00	-%

Are Funds Buying or Selling TPHS?

Are funds buying TPHS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TPHS

No. of Funds

Unveiling Trinity Place Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 22, 2024	third avenue management llc	6.44%	4,109,472	SC 13D/A
Mar 20, 2024	third avenue management llc	10.69%	4,109,472	SC 13D/A
Feb 22, 2024	davidson kempner capital management lp	40.6%	25,862,245	SC 13D
Jan 08, 2024	third avenue management llc	12.85%	4,909,472	SC 13D/A
May 16, 2022	mfp investors llc	24.9%	9,161,501	SC 13D/A
May 06, 2022	third avenue management llc	14.89%	5,486,239	SC 13D/A
Oct 25, 2021	mfp investors llc	25.2%	8,813,801	SC 13D/A
Feb 11, 2021	kahn brothers group inc /de/	-	0	SC 13G
Mar 10, 2020	third avenue management llc	18.86%	6,019,745	SC 13D/A
Feb 26, 2020	kahn brothers group inc /de/	-	0	SC 13G/A

Recent SEC filings of Trinity Place Holdings Inc

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	8-K	Current Report
Apr 17, 2024	8-K	Current Report
Apr 12, 2024	4	Insider Trading
Apr 12, 2024	4	Insider Trading
Apr 12, 2024	4	Insider Trading
Apr 12, 2024	4	Insider Trading
Apr 12, 2024	4	Insider Trading
Apr 12, 2024	4	Insider Trading
Apr 02, 2024	8-K	Current Report
Mar 29, 2024	10-K	Annual Report

Peers (Alternatives to Trinity Place Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSGP	37.6B	2.5B	-3.72%	20.05%	127.69	14.87	12.27%	-19.89%
CBRE	26.7B	31.9B	-9.86%	14.64%	27.06	0.84	3.64%	-29.92%
Z	10.2B	1.9B	-13.30%	2.63%	-64.57	5.25	-0.66%	-56.44%
MID-CAP
JLL	8.7B	20.8B	-5.82%	34.05%	38.43	0.42	-0.49%	-65.56%
JOE	3.4B	404.1M	1.97%	44.42%	42.07	8.46	55.15%	19.63%
DBRG	2.7B	821.4M	-12.93%	35.35%	14.47	3.26	18.22%	157.58%
CWK	2.2B	9.5B	-5.63%	2.21%	-62.48	0.23	-6.06%	-118.02%
SMALL-CAP
EXPI	1.6B	4.3B	1.10%	-11.15%	-174.44	0.37	-6.90%	-158.11%
ARL	222.4M	50.5M	-24.01%	-25.65%	56.05	4.4	34.51%	-98.94%
AXR	109.5M	44.5M	-10.67%	46.99%	49.12	2.46	-24.76%	-93.06%
CHCI	68.9M	44.7M	40.12%	63.47%	8.86	1.54	13.76%	5.95%
ASPS	52.6M	145.1M	-	-49.09%	-1	0.36	-5.22%	2.46%

Trinity Place Holdings Inc News

Latest updates

Trinity Place Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-85.4%	1,550,000	10,651,000	6,673,000	14,728,000	10,274,000	19,006,000	6,359,000	7,345,000	23,514,000	2,425,000	833,000	493,000	251,000	276,000	402,000	327,000	542,000	946,000	1,281,000	1,293,000	1,347,000
Operating Expenses	-76.5%	3,266,000	13,894,000	9,412,000	16,740,000	12,354,000	21,015,000	8,649,000	9,578,000	23,810,000	5,162,000	4,516,000	4,392,000	4,268,000	4,798,000	3,652,000	3,728,000	4,867,000	3,379,000	3,411,000	3,225,000	3,113,000
S&GA Expenses	-17.5%	1,247,000	1,511,000	1,835,000	1,444,000	1,318,000	1,431,000	1,503,000	1,502,000	1,063,000	1,440,000	1,387,000	1,243,000	1,002,000	1,188,000	1,431,000	1,334,000	1,377,000	1,286,000	1,373,000	1,313,000	1,375,000
EBITDA Margin	-47.8%	-0.70	-0.47	-0.23	-0.05	-0.09	0.03	0.11	0.02	-0.02	-0.41	-2.42	15.18	19.95	20.22	-	-	-	-	-	-	-
Interest Expenses	-53.4%	897,000	1,923,000	3,855,000	5,015,000	3,087,000	4,654,000	1,920,000	3,050,000	2,713,000	4,765,000	4,434,000	4,130,000	4,029,000	3,907,000	3,746,000	3,813,000	14,000	14,000	18,000	21,000	30,000
Income Taxes	-	8,000	-	51,000	124,000	16,000	82,000	120,000	70,000	178,000	-47,000	99,000	35,000	88,000	51,000	102,000	65,000	-71,000	8,000	110,000	81,000	214,000
Earnings Before Taxes	16.2%	-9,967,000	-11,888,000	-10,869,000	-6,112,000	-8,967,000	-6,271,000	-103,000	-5,061,000	-3,166,000	-3,655,000	-6,335,000	-7,384,000	-5,308,000	-5,341,000	20,637,000	-3,188,000	5,016,000	-2,637,000	-2,298,000	-2,132,000	-1,972,000
EBT Margin	-29.3%	-1.16	-0.89	-0.64	-0.43	-0.47	-0.26	-0.30	-0.53	-0.75	-5.67	-13.15	1.83	5.41	11.07	-	-	-	-	-	-	-
Net Income	16.1%	-9,975,000	-11,888,000	-10,920,000	-6,236,000	-8,983,000	-6,353,000	-223,000	-5,131,000	-3,344,000	-3,608,000	-6,434,000	-7,419,000	-5,396,000	-5,392,000	20,535,000	-3,253,000	5,087,000	-2,645,000	-2,408,000	-2,213,000	-2,186,000
Net Income Margin	-29.2%	-1.16	-0.90	-0.64	-0.43	-0.48	-0.27	-0.31	-0.54	-0.76	-5.71	-13.30	1.64	5.17	10.97	-	-	-	-	-	-	-
Free Cashflow	-51.5%	-4,449,000	-2,937,000	-2,356,000	3,992,000	-5,569,000	6,366,000	-97,000	283,000	9,466,000	-7,997,000	-8,906,000	-14,169,000	-48,964,000	-986,000	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.1%	268	268	282	289	307	298	316	330	341	341	333	328	323	317	312	371	345	326	310	279	257
Cash Equivalents	-67.4%	0.00	1.00	4.00	3.00	2.00	2.00	3.00	1.00	4.00	1.00	2.00	5.00	7.00	5.00	5.00	11.00	9.00	6.00	9.00	9.00	11.00
Liabilities	3.2%	278	269	271	268	280	259	271	285	291	295	284	273	261	244	234	315	286	273	255	222	197
Shareholder's Equity	-Infinity%	-10.05	-	10.00	21.00	27.00	39.00	45.00	45.00	50.00	45.00	48.00	55.00	62.00	72.00	77.00	57.00	56.00	53.00	55.00	57.00	59.00
Retained Earnings	-11.6%	-95.90	-85.93	-74.04	-63.12	-56.89	-47.90	-41.55	-41.33	-36.20	-32.85	-29.24	-22.81	-15.39	-4.11	1.00	-19.25	-16.00	-21.08	-18.44	-16.03	-15.47
Additional Paid-In Capital	0.1%	145	145	145	145	145	145	145	144	144	-136	-136	136	136	136	135	135	134	134	134	133	133
Shares Outstanding	0.3%	38.00	38.00	38.00	37.00	37.00	37.00	37.00	37.00	33.00	33.00	32.00	33.00	32.00	-	-	-	-	-	-	-	-
Float	-	-	-	14.00	-	-	-	26.00	-	-	-	50.00	-	-	-	28.00	-	-	-	100	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-56.4%	-4,449	-2,845	-2,264	4,084	-5,477	6,458	-5.00	375	9,558	-7,905	-8,814	-14,077	-48,872	-894	-1,682	-4,433	-67,867	-2,055	-388	-318	623
Share Based Compensation	-1.8%	112	114	134	99.00	146	136	148	123	131	134	132	133	204	204	204	194	230	233	230	212	299
Cashflow From Investing	93.3%	-8.00	-120	-14.00	7,211	-	-25.00	17,414	-64.00	-56.00	-28.00	-3.00	-53.00	38,714	-11,215	-17,043	-20,118	68,425	-15,960	-14,327	-10,533	-12,549
Cashflow From Financing	210.3%	3,762	-3,410	-1,058	-14,599	15,860	-11,152	-16,631	-9,543	2,694	10,787	6,884	9,789	8,063	8,090	15,087	31,702	1,096	14,502	14,862	17,208	8,746
Buy Backs	-	-	-	-	145	-1.00	-	-	291	-	1.00	-1.00	370	-87.50	13.00	213	644	7.00	-	202	563	12.00

TPHS Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Rental revenues	$ 5,942	$ 5,502	$ 3,225
Other income	177	182	355
Sales of residential condominium units	27,483	37,300	23,685
Total revenues	33,602	42,984	27,265
Operating Expenses
Property operating expenses	3,949	4,180	5,583
Real estate taxes	2,355	1,697	724
General and administrative	6,037	5,754	5,133
Pension related costs	(231)	548	67
Cost of sales - residential condominium units	27,257	35,236	22,370
Transaction related costs	206	163
Depreciation and amortization	3,739	4,018	4,003
Total operating expenses	43,312	51,596	37,880
Operating loss	(9,710)	(8,612)	(10,615)
Equity in net (loss) income from unconsolidated joint ventures	(4)	804	(555)
Equity in net gain on sale of unconsolidated joint venture property	3,065	4,490
Unrealized gain on warrants	73	1,070	73
Interest expense, net	(29,229)	(15,701)	(7,922)
Interest expense - amortization of deferred finance costs	(3,031)	(2,453)	(1,521)
Loss before taxes	(38,836)	(20,402)	(20,540)
Tax expense	(183)	(288)	(265)
Net loss attributable to common stockholders	(39,019)	(20,690)	(20,805)
Other comprehensive loss:
Unrealized gain (loss) on pension liability	1,369	(2,283)	816
Comprehensive loss attributable to common stockholders	$ (37,650)	$ (22,973)	$ (19,989)
Loss per share - basic	$ (1.02)	$ (0.56)	$ (0.62)
Loss per share - diluted	$ (1.02)	$ (0.56)	$ (0.62)
Weighted average number of common shares - basic	38,356	37,224	33,322
Weighted average number of common shares - diluted	38,356	37,224	33,322

TPHS Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Real estate, net	$ 62,324	$ 64,651
Residential condominium units for sale	184,561	202,999
Cash and cash equivalents	264	1,548
Restricted cash	8,081	20,507
Prepaid expenses and other assets, net	4,144	3,774
Investments in unconsolidated joint ventures		4,386
Receivables	356	262
Deferred rents receivable	307	163
Right-of-use asset	519	945
Intangible assets, net	6,952	7,692
Total assets	267,508	306,927
LIABILITIES
Loans payable, net	194,628	208,762
Corporate credit facility, net	40,791	34,429
Secured line of credit, net	11,750	9,750
Note payable		5,863
Accounts payable and accrued expenses	29,818	19,018
Pension liability		651
Lease liability	569	1,037
Warrant liability		76
Total liabilities	277,556	279,586
Commitments and Contingencies
STOCKHOLDERS' (DEFICIT) EQUITY
Special stock, $0.01 par value; 1 share authorized, issued and outstanding at December 31, 2023 and December 31, 2022
Common stock, $0.01 par value; 79,999,997 shares authorized; 44,965,083 and 43,448,384 shares issued at December 31, 2023 and December 31, 2022, respectively; 38,199,386 and 36,907,862 shares outstanding at December 31, 2023 and December 31, 2022, respectively	450	435
Additional paid-in capital	145,301	144,879
Treasury stock (6,765,697 and 6,540,522 shares at December 31, 2023 and December 31, 2022, respectively)	(57,637)	(57,461)
Accumulated other comprehensive loss	(2,257)	(3,626)
Accumulated deficit	(95,905)	(56,886)
Total stockholders' (deficit) equity	(10,048)	27,341
Total liabilities and stockholders' (deficit) equity	267,508	306,927
Blank Check Preferred Stock
STOCKHOLDERS' (DEFICIT) EQUITY
Preferred Stock Value
Preferred Stock
STOCKHOLDERS' (DEFICIT) EQUITY
Preferred Stock Value

About Trinity Place Holdings Inc

Trinity Place Holdings Inc. operates as a real estate holding, investment, development, and asset management company in the United States. The company's principal asset is located at 77 Greenwich Street in Lower Manhattan. It also owns a property occupied by a retail tenant in Paramus, New Jersey. The company also controls various intellectual property assets focused on the consumer sector, including FilenesBasement.com, its rights to the Stanley Blacker brand, as well as the intellectual property associated with the running of the Brides event and An Educated Consumer. Trinity Place Holdings Inc. was founded in 1959 and is headquartered in New York, New York.

CEO	Mr. Matthew Messinger
WEBSITE	https://tphs.com
INDUSTRY	Real Estate Services
EMPLOYEES	6

Trinity Place Holdings Inc Frequently Asked Questions

What is the ticker symbol for Trinity Place Holdings Inc? What does TPHS stand for in stocks?

TPHS is the stock ticker symbol of Trinity Place Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Trinity Place Holdings Inc (TPHS)?

As of Fri Apr 26 2024, market cap of Trinity Place Holdings Inc is 8.93 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TPHS stock?

You can check TPHS's fair value in chart for subscribers.

What is the fair value of TPHS stock?

You can check TPHS's fair value in chart for subscribers. The fair value of Trinity Place Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Trinity Place Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TPHS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Trinity Place Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether TPHS is over valued or under valued. Whether Trinity Place Holdings Inc is cheap or expensive depends on the assumptions which impact Trinity Place Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TPHS.

What is Trinity Place Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, TPHS's PE ratio (Price to Earnings) is -0.23 and Price to Sales (PS) ratio is 0.27. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TPHS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Trinity Place Holdings Inc's stock?

In the past 10 years, Trinity Place Holdings Inc has provided -0.282 (multiply by 100 for percentage) rate of return.