SAUL CENTERS INC (BFS) Stock Fundamental Analysis
NYSE:BFS • US8043951016
34.23 USD
+0.15 (+0.44%)
At close: Mar 2, 2026
34.23 USD
0 (0%)
After Hours: 3/2/2026, 8:04:00 PM
Overall BFS gets a fundamental rating of 4 out of 10. We evaluated BFS against 122 industry peers in the Diversified REITs industry. There are concerns on the financial health of BFS while its profitability can be described as average. BFS does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- BFS had positive earnings in the past year.
- In the past year BFS had a positive cash flow from operations.
- In the past 5 years BFS has always been profitable.
- Each year in the past 5 years BFS had a positive operating cash flow.
1.2 Ratios
- BFS has a Return On Assets of 1.29%. This is comparable to the rest of the industry: BFS outperforms 54.10% of its industry peers.
- BFS has a better Return On Equity (8.81%) than 79.51% of its industry peers.
- With an excellent Return On Invested Capital value of 4.47%, BFS belongs to the best of the industry, outperforming 85.25% of the companies in the same industry.
- 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 3.09%.
| 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 57.38% of the companies in the same industry.
- BFS's Profit Margin has been stable in the last couple of years.
- With an excellent Operating Margin value of 41.79%, BFS belongs to the best of the industry, outperforming 86.89% of the companies in the same industry.
- BFS's Operating Margin has been stable in the last couple of years.
- BFS's Gross Margin of 71.74% is fine compared to the rest of the industry. BFS outperforms 63.11% 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.
- Compared to 1 year ago, BFS has more shares outstanding
- BFS has more shares outstanding than it did 5 years ago.
- BFS has a worse debt/assets ratio than last year.
2.2 Solvency
- BFS has an Altman-Z score of 0.37. This is a bad value and indicates that BFS is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.37, BFS is in line with its industry, outperforming 42.62% 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.
- BFS has a worse Debt to Equity ratio (5.02) than 83.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.37 |
ROIC/WACC0.78
WACC5.75%
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.
- BFS has a Current ratio (1.00) which is in line with its industry peers.
- 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.
- BFS has a Quick ratio (1.00) which is comparable to the rest of the 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.
- The Earnings Per Share has been growing slightly by 0.81% on average over the past years.
- BFS shows a small growth in Revenue. In the last year, the Revenue has grown by 5.75%.
- Measured over the past years, BFS shows a small growth in Revenue. The Revenue has been growing by 2.99% on average per year.
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
- The Earnings Per Share is expected to decrease by -14.46% on average over the next years. This is quite bad
- Based on estimates for the next years, BFS will show a small growth in Revenue. The Revenue will grow by 6.49% on average per year.
EPS Next Y-25.02%
EPS Next 2Y-20.5%
EPS Next 3Y-14.46%
EPS Next 5YN/A
Revenue Next Year6.66%
Revenue Next 2Y6.21%
Revenue Next 3Y6.49%
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
- The Price/Earnings ratio is 21.00, which indicates a rather expensive current valuation of BFS.
- 79.51% of the companies in the same industry are more expensive than BFS, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of BFS to the average of the S&P500 Index (27.13), we can say BFS is valued slightly cheaper.
- With a Price/Forward Earnings ratio of 33.23, BFS can be considered very expensive at the moment.
- Based on the Price/Forward Earnings ratio, BFS is valued a bit cheaper than the industry average as 74.59% of the companies are valued more expensively.
- BFS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.11.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21 | ||
| Fwd PE | 33.23 |
4.2 Price Multiples
- BFS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BFS is cheaper than 63.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.7 |
4.3 Compensation for Growth
- BFS has a very decent profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as BFS's earnings are expected to decrease with -14.46% in the coming years.
PEG (NY)N/A
PEG (5Y)26.05
EPS Next 2Y-20.5%
EPS Next 3Y-14.46%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 7.17%, BFS is a good candidate for dividend investing.
- BFS's Dividend Yield is a higher than the industry average which is at 7.15.
- Compared to an average S&P500 Dividend Yield of 1.82, BFS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.17% |
5.2 History
- The dividend of BFS has a limited annual growth rate of 1.15%.
- BFS has been paying a dividend for at least 10 years, so it has 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.
- BFS's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP244.75%
EPS Next 2Y-20.5%
EPS Next 3Y-14.46%
34.23
+0.15 (+0.44%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-26 2026-02-26/amc
Earnings (Next)05-06 2026-05-06
Inst Owners51.3%
Inst Owner Change-16.51%
Ins Owners49.56%
Ins Owner Change2.46%
Market Cap835.55M
Revenue(TTM)283.96M
Net Income(TTM)27.90M
Analysts80
Price Target46.41 (35.58%)
Short Float %2.97%
Short Ratio5.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.17% |
Yearly Dividend2.81
Dividend Growth(5Y)1.15%
DP244.75%
Div Incr Years0
Div Non Decr Years14
Ex-Date01-15 2026-01-15 (0.59)
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)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)15.24%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21 | ||
| Fwd PE | 33.23 | ||
| P/S | 2.94 | ||
| P/FCF | N/A | ||
| P/OCF | 7.85 | ||
| P/B | 2.64 | ||
| P/tB | 2.64 | ||
| EV/EBITDA | 13.7 |
EPS(TTM)1.63
EY4.76%
EPS(NY)1.03
Fwd EY3.01%
FCF(TTM)-0.47
FCFYN/A
OCF(TTM)4.36
OCFY12.73%
SpS11.63
BVpS12.97
TBVpS12.97
PEG (NY)N/A
PEG (5Y)26.05
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 | 0.37 |
F-Score5
WACC5.75%
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-25.02%
EPS Next 2Y-20.5%
EPS Next 3Y-14.46%
EPS Next 5YN/A
Revenue 1Y (TTM)5.75%
Revenue growth 3Y3.97%
Revenue growth 5Y2.99%
Sales Q2Q%7.01%
Revenue Next Year6.66%
Revenue Next 2Y6.21%
Revenue Next 3Y6.49%
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.
What is the valuation status of SAUL CENTERS INC (BFS) stock?
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 6 / 10.
What are the PE and PB ratios of SAUL CENTERS INC (BFS) stock?
The Price/Earnings (PE) ratio for SAUL CENTERS INC (BFS) is 21 and the Price/Book (PB) ratio is 2.64.
Can you provide the expected EPS growth for BFS stock?
The Earnings per Share (EPS) of SAUL CENTERS INC (BFS) is expected to decline by -25.02% in the next year.