For 3 years of my investment experience, i have never read about capital land's financials or even think of investing in this company, not because it doesn't look attractive but rather i do not know the valuation of the company. Their assets are very broadly scattered and thus, is difficult to know or understand the nature of their businesses.
Lets take a look at Capital Land:
Capital Land had tried to reduce their debts but even after its bank borrowings and issurance of debt securities, they are still negative of about $680m on cash flow.
There are no clear indications of how the investments will generate high returns but their debt level doesn't look good.
Although their Net Asset Value(NAV) is close to its buy price, the PE ratio of 16 indicated that the earning potential of the company is still not fantastic, or rather they have not reap what they sow yet.
An image of Capital Land's cash flow statement:
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