SAUL CENTERS INC (BFS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BFS - US8043951016 - REIT
30.89 USD
-0.21 (-0.68%)
We assign a fundamental rating of 4 out of 10 to BFS. BFS was compared to 128 industry peers in the Diversified REITs industry. BFS scores excellent on profitability, but there are concerns on its financial health. BFS is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BFS had positive earnings in the past year.
BFS had a positive operating cash flow in the past year.
Each year in the past 5 years BFS has been profitable.
BFS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BFS has a Return On Assets (1.29%) which is comparable to the rest of the industry.
BFS has a Return On Equity of 8.81%. This is amongst the best in the industry. BFS outperforms 83.59% of its industry peers.
BFS has a Return On Invested Capital of 4.47%. This is amongst the best in the industry. BFS outperforms 86.72% of its industry peers.
BFS had an Average Return On Invested Capital over the past 3 years of 4.81%. This is in line with the industry average of 3.06%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.29% | ||
| ROE | 8.81% | ||
| ROIC | 4.47% |
ROA(3y)2.02%
ROA(5y)1.99%
ROE(3y)11.13%
ROE(5y)10.12%
ROIC(3y)4.81%
ROIC(5y)4.84%
1.3 Margins
With a Profit Margin value of 9.83%, BFS perfoms like the industry average, outperforming 59.38% of the companies in the same industry.
BFS's Profit Margin has been stable in the last couple of years.
BFS's Operating Margin of 41.79% is amongst the best of the industry. BFS outperforms 86.72% of its industry peers.
In the last couple of years the Operating Margin of BFS has remained more or less at the same level.
The Gross Margin of BFS (71.74%) is better than 65.63% of its industry peers.
In the last couple of years the Gross Margin of BFS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 41.79% | ||
| PM (TTM) | 9.83% | ||
| GM | 71.74% |
OM growth 3Y0.27%
OM growth 5Y-0.33%
PM growth 3Y-1.91%
PM growth 5Y-1.27%
GM growth 3Y-0.47%
GM growth 5Y-0.49%
2. Health
2.1 Basic Checks
BFS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for BFS has been increased compared to 1 year ago.
The number of shares outstanding for BFS has been increased compared to 5 years ago.
Compared to 1 year ago, BFS has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.35, we must say that BFS is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.35, BFS perfoms like the industry average, outperforming 41.41% of the companies in the same industry.
BFS has a Debt/Equity ratio of 5.02. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 5.02, BFS is not doing good in the industry: 83.59% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.35 |
ROIC/WACC0.78
WACC5.73%
2.3 Liquidity
BFS has a Current Ratio of 1.00. This is a normal value and indicates that BFS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.00, BFS is in line with its industry, outperforming 51.56% of the companies in the same industry.
BFS has a Quick Ratio of 1.00. This is a normal value and indicates that BFS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.00, BFS is in line with its industry, outperforming 52.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The earnings per share for BFS have decreased strongly by -38.23% in the last year.
BFS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.81% yearly.
BFS shows a small growth in Revenue. In the last year, the Revenue has grown by 5.75%.
BFS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.99% yearly.
EPS 1Y (TTM)-38.23%
EPS 3Y1.35%
EPS 5Y0.81%
EPS Q2Q%-33.33%
Revenue 1Y (TTM)5.75%
Revenue growth 3Y3.97%
Revenue growth 5Y2.99%
Sales Q2Q%7.01%
3.2 Future
Based on estimates for the next years, BFS will show a very negative growth in Earnings Per Share. The EPS will decrease by -17.08% on average per year.
BFS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.26% yearly.
EPS Next Y-34.94%
EPS Next 2Y-29.15%
EPS Next 3Y-17.08%
EPS Next 5YN/A
Revenue Next Year5.46%
Revenue Next 2Y5.18%
Revenue Next 3Y6.26%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BFS is valuated rather expensively with a Price/Earnings ratio of 18.95.
Compared to the rest of the industry, the Price/Earnings ratio of BFS indicates a rather cheap valuation: BFS is cheaper than 85.94% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of BFS to the average of the S&P500 Index (26.31), we can say BFS is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 37.76, the valuation of BFS can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BFS indicates a somewhat cheap valuation: BFS is cheaper than 65.63% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of BFS to the average of the S&P500 Index (36.56), we can say BFS is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.95 | ||
| Fwd PE | 37.76 |
4.2 Price Multiples
64.84% of the companies in the same industry are more expensive than BFS, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.29 |
4.3 Compensation for Growth
The decent profitability rating of BFS may justify a higher PE ratio.
BFS's earnings are expected to decrease with -17.08% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)23.51
EPS Next 2Y-29.15%
EPS Next 3Y-17.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.58%, BFS is a good candidate for dividend investing.
BFS's Dividend Yield is a higher than the industry average which is at 6.34.
BFS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.58% |
5.2 History
The dividend of BFS has a limited annual growth rate of 1.15%.
BFS has paid a dividend for at least 10 years, which is a reliable track record.
BFS has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.15%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
244.75% of the earnings are spent on dividend by BFS. This is not a sustainable payout ratio.
The Dividend Rate of BFS has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP244.75%
EPS Next 2Y-29.15%
EPS Next 3Y-17.08%
NYSE:BFS (12/1/2025, 2:16:40 PM)
30.89
-0.21 (-0.68%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners46.39%
Inst Owner Change10.37%
Ins Owners49.78%
Ins Owner Change1.74%
Market Cap754.02M
Revenue(TTM)283.96M
Net Income(TTM)27.90M
Analysts80
Price Target46.41 (50.24%)
Short Float %2.12%
Short Ratio3.59
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.58% |
Yearly Dividend2.81
Dividend Growth(5Y)1.15%
DP244.75%
Div Incr Years0
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.34%
Min Revenue beat(2)-1.45%
Max Revenue beat(2)0.78%
Revenue beat(4)2
Avg Revenue beat(4)-0.28%
Min Revenue beat(4)-2.45%
Max Revenue beat(4)1.99%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-6.19%
EPS NQ rev (1m)35%
EPS NQ rev (3m)-18.18%
EPS NY rev (1m)0%
EPS NY rev (3m)0.96%
Revenue NQ rev (1m)2.78%
Revenue NQ rev (3m)-0.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.95 | ||
| Fwd PE | 37.76 | ||
| P/S | 2.66 | ||
| P/FCF | N/A | ||
| P/OCF | 7.09 | ||
| P/B | 2.38 | ||
| P/tB | 2.38 | ||
| EV/EBITDA | 13.29 |
EPS(TTM)1.63
EY5.28%
EPS(NY)0.82
Fwd EY2.65%
FCF(TTM)-0.47
FCFYN/A
OCF(TTM)4.36
OCFY14.11%
SpS11.63
BVpS12.97
TBVpS12.97
PEG (NY)N/A
PEG (5Y)23.51
Graham Number21.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.29% | ||
| ROE | 8.81% | ||
| ROCE | 5.66% | ||
| ROIC | 4.47% | ||
| ROICexc | 4.5% | ||
| ROICexgc | 4.53% | ||
| OM | 41.79% | ||
| PM (TTM) | 9.83% | ||
| GM | 71.74% | ||
| FCFM | N/A |
ROA(3y)2.02%
ROA(5y)1.99%
ROE(3y)11.13%
ROE(5y)10.12%
ROIC(3y)4.81%
ROIC(5y)4.84%
ROICexc(3y)4.84%
ROICexc(5y)4.88%
ROICexgc(3y)4.88%
ROICexgc(5y)4.91%
ROCE(3y)6.09%
ROCE(5y)6.12%
ROICexgc growth 3Y-2.38%
ROICexgc growth 5Y-2.84%
ROICexc growth 3Y-2.29%
ROICexc growth 5Y-2.91%
OM growth 3Y0.27%
OM growth 5Y-0.33%
PM growth 3Y-1.91%
PM growth 5Y-1.27%
GM growth 3Y-0.47%
GM growth 5Y-0.49%
F-Score5
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.02 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 9.03 | ||
| Cap/Depr | 206.47% | ||
| Cap/Sales | 41.54% | ||
| Interest Coverage | 1.83 | ||
| Cash Conversion | 60.52% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 0.35 |
F-Score5
WACC5.73%
ROIC/WACC0.78
Cap/Depr(3y)344.4%
Cap/Depr(5y)250.98%
Cap/Sales(3y)65.54%
Cap/Sales(5y)48.89%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.23%
EPS 3Y1.35%
EPS 5Y0.81%
EPS Q2Q%-33.33%
EPS Next Y-34.94%
EPS Next 2Y-29.15%
EPS Next 3Y-17.08%
EPS Next 5YN/A
Revenue 1Y (TTM)5.75%
Revenue growth 3Y3.97%
Revenue growth 5Y2.99%
Sales Q2Q%7.01%
Revenue Next Year5.46%
Revenue Next 2Y5.18%
Revenue Next 3Y6.26%
Revenue Next 5YN/A
EBIT growth 1Y-4.01%
EBIT growth 3Y4.25%
EBIT growth 5Y2.64%
EBIT Next Year49.36%
EBIT Next 3Y19.33%
EBIT Next 5YN/A
FCF growth 1Y82.34%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-6.84%
OCF growth 3Y0.79%
OCF growth 5Y0.99%
SAUL CENTERS INC / BFS FAQ
What is the ChartMill fundamental rating of SAUL CENTERS INC (BFS) stock?
ChartMill assigns a fundamental rating of 4 / 10 to BFS.
Can you provide the valuation status for SAUL CENTERS INC?
ChartMill assigns a valuation rating of 3 / 10 to SAUL CENTERS INC (BFS). This can be considered as Overvalued.
What is the profitability of BFS stock?
SAUL CENTERS INC (BFS) has a profitability rating of 7 / 10.
What is the earnings growth outlook for SAUL CENTERS INC?
The Earnings per Share (EPS) of SAUL CENTERS INC (BFS) is expected to decline by -34.94% in the next year.
Is the dividend of SAUL CENTERS INC sustainable?
The dividend rating of SAUL CENTERS INC (BFS) is 6 / 10 and the dividend payout ratio is 244.75%.