- The report contains detailed information about CBL & Associates Properties Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
- Another part of the report is a SWOT-analysis carried out for CBL & Associates Properties Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
- The CBL & Associates Properties Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
- In the part that describes CBL & Associates Properties Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
- Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of CBL & Associates Properties Inc. business.
About CBL & Associates Properties Inc.
CBL & Associates Properties, Inc., a self-managed, self-administered, integrated real estate investment trust (REIT), engages in the ownership, development, acquisition, leasing, management, and operation of regional malls, open-air and community shopping centers. The company's shopping center properties are located in 27 states, but primarily in the southeastern and midwestern United States.
The company conducts substantially all of its business through CBL & Associates Limited Partnership (Operating partnership). The Company is the 100% owner of two qualified REIT subsidiaries include CBL Holdings I, Inc. and CBL Holdings II, Inc. CBL Holdings I, Inc. is the sole general partner of the Operating Partnership. The Company conducts its property management and development activities through CBL & Associates Management, Inc.
As of December 31, 2006, the company owned: interests in a portfolio of operating properties including 77 enclosed regional malls and two open-air centers (the Malls), 31 associated centers (the Associated Centers), 5 community centers (the Community Centers) and its corporate office building (the Office Building); interests in seven mall/lifestyle expansions, one open-air center, one open-air shopping center expansion, one associated center and three community centers that are under construction, as well as options to acquire certain shopping center development sites; and mortgages on 13 properties that are secured by first mortgages or wrap-around mortgages on the underlying real estate and related improvements.
The Management Company manages all but three of the Properties. Governor's Square and Governor's Plaza in Clarksville, TN, and Kentucky Oaks Mall, in Paducah, KY are all owned by joint ventures and are managed by a property manager that is affiliated with the third party managing general partner.
The Company owns a controlling interest in 72 Malls and non-controlling interests in 7 Malls. It also owns a controlling interest in one Malls and six Mall expansions that are under construction. The Malls are primarily located in middle markets. Its non-stabilized malls include Coastal Grand-Myrtle Beach in Myrtle Beach, SC, which opened in March 2004; Imperial Valley Mall in El Centro, CA, which opened in March 2005; Southaven Towne Center in Southaven, MS, which opened in October 2005; and Gulf Coast Town Center (Phase I) in Ft. Myers, FL, which opened in November 2005. As of December 31, 2005, the Malls had a total of 407 anchors and junior anchors including six vacant anchor locations. The Malls have approximately 7,177 mall stores.
The company owns a controlling interest in 27 Associated Centers and a non-controlling interest in three Associated Centers. The Company also owns a controlling interest in two Associated Centers that were under construction as of December 31, 2006. Associated Centers are retail properties that are adjacent to a regional mall complex and include one or more anchors, or big box retailers, along with smaller tenants. Anchor tenants include tenants such as TJ Maxx, Target, Toys R Us and Goody's.
The company owns a controlling interest in four Community Centers. It also owns a non-controlling interest in two Community Centers and a controlling interest in one community center expansion that are under construction.
The Company owns 13 mortgages that are collateralized by first mortgages or wrap-around mortgages on the underlying real estate and related improvements.
CBL & Associates Properties Inc. and Robert B. Aikens & Associates, LLC have formed a joint venture partnership, along with development partner, BDR Inc., for the development and ownership of the Village of Orchard Hills project in Grand Rapids Township, Michigan.
The Company's major markets include Nashville, TN; Overland Park, KS; Madison, WI; Chattanooga, TN; Pittsburgh, PA.
The Company's major tenants include Limited Brands, Inc.; Foot Locker, Inc.; The Gap, Inc.; Luxottica Group, S.P.A.; Abercrombie & Fitch, Co.; AE Outfitters Retail Company; Signet Group PLC; Zale Corporation; JC Penney Co. Inc.; Finish Line, Inc.; New York & Company, Inc.; The Regis Corporation; Hallmark Cards, Inc.; The Children's Place Retail Stores, Inc.; Genesco, Inc.; Charming Shoppes, Inc.; Pacific Sunwear of California; Dick's Sporting Goods, Inc.; Aeropostale, Inc.; Trans World Entertainment; Sun Capital Partners, Inc.; Charlotte Russe Holding, Inc.; Federated Department Stores, Inc.; Christopher & Banks, Inc.; Claire's Stores, Inc.; and The Buckle, Inc.
The Company has elected to be taxed as a REIT for federal income tax purposes.
On April 1, 2009, CBL & Associates Properties Inc. and The Benchmark Group announced the opening of the first phase of Hammock Landing a 750,000-square-foot open-air shopping center under development in West Melbourne, FL. The first phase, totaling approximately 275,000 square feet, opened approximately 80% leased and committed.
CBL & Associates Properties, Inc. was formed by Charles B. Lebovitz in 1978.
The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.
1. CBL & ASSOCIATES PROPERTIES INC. COMPANY PROFILE
1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History
2. CBL & ASSOCIATES PROPERTIES INC. BUSINESS OVERVIEW
2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units
3. CBL & ASSOCIATES PROPERTIES INC. SWOT ANALYSIS
4. CBL & ASSOCIATES PROPERTIES INC. FINANCIAL ANALYSIS
4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot
5. CBL & ASSOCIATES PROPERTIES INC. COMPETITORS AND INDUSTRY ANALYSIS
5.1. CBL & Associates Properties Inc. Direct Competitors
5.2. Comparison of CBL & Associates Properties Inc. and Direct Competitors Financial Ratios
5.3. Comparison of CBL & Associates Properties Inc. and Direct Competitors Stock Charts
5.4. CBL & Associates Properties Inc. Industry Analysis
5.4.1. Real Estate Industry Snapshot
5.4.2. CBL & Associates Properties Inc. Industry Position Analysis
6. CBL & ASSOCIATES PROPERTIES INC. NEWS & EVENTS
6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events
7. CBL & ASSOCIATES PROPERTIES INC. EXPERTS REVIEW1
7.1. Experts Opinion
7.2. Experts Estimates
8. CBL & ASSOCIATES PROPERTIES INC. ENHANCED SWOT ANALYSIS2
9. UNITED STATES PESTEL ANALYSIS2
9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors
10. CBL & ASSOCIATES PROPERTIES INC. IFE, EFE, IE MATRICES2
10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix
11. CBL & ASSOCIATES PROPERTIES INC. PORTER FIVE FORCES ANALYSIS2
12. CBL & ASSOCIATES PROPERTIES INC. VRIO ANALYSIS2
APPENDIX: RATIO DEFINITIONS
LIST OF TABLES
CBL & Associates Properties Inc. Key Facts
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
CBL & Associates Properties Inc. Key Executives
Key Executives Biographies1
Key Executives Compensations1
CBL & Associates Properties Inc. Major Shareholders
CBL & Associates Properties Inc. History
CBL & Associates Properties Inc. Products
Revenues by Segment
Revenues by Region
CBL & Associates Properties Inc. Offices and Representations
CBL & Associates Properties Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
CBL & Associates Properties Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
CBL & Associates Properties Inc. Capital Market Snapshot
CBL & Associates Properties Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Real Estate Industry Statistics
CBL & Associates Properties Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
CBL & Associates Properties Inc. Consensus Recommendations1
Analyst Recommendation Summary1
Price Target Summary1
Experts Recommendation Trends1
Revenue Estimates Analysis1
Earnings Estimates Analysis1
Revenue Estimates Trend1
Earnings Estimates Trend1
LIST OF FIGURES
CBL & Associates Properties Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
CBL & Associates Properties Inc. 1-year Stock Charts
CBL & Associates Properties Inc. 5-year Stock Charts
CBL & Associates Properties Inc. vs. Main Indexes 1-year Stock Chart
CBL & Associates Properties Inc. vs. Direct Competitors 1-year Stock Charts
CBL & Associates Properties Inc. Article Density Chart
1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.
Enhanced SWOT Analysis
Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:
- How to use the strengths to take advantage of the opportunities?
- How to use the strengths to reduce likelihood and impact of the threats?
- How to overcome the weaknesses that obstruct taking advantage of the opportunities?
- How to overcome the weaknesses that can make the threats a reality?
Upon answering these questions a company can develop a project plan to improve its business performance.
PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.
Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.
Key Factors Examined by PESTEL Analysis:
- Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
- Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
- Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
- Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
- Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
- Legal – What laws and legislation will exert influence on the style the business is carried out?
IFE, EFE, IE Matrices
The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.
The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.
The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.
Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.
Porter Five Forces Analysis
The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:
- What composes a threat of substitute products and services?
- Is there a threat of new competitors entering the market?
- What is the intensity of competitive rivalry?
- How big is the bargaining power of buyers?
- How significant is the bargaining power of suppliers?
VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:
- Tangible resources
- Intangible resources
- Innovation and Creativity
- Organizational capabilities
The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:
- Costly to imitate?
- Organized properly?