BRIXMOR PROPERTY GROUP INC (BRX) Stock Fundamental Analysis
NYSE:BRX - New York Stock Exchange, Inc. - US11120U1051 - REIT - Currency: USD
Taking everything into account, BRX scores 4 out of 10 in our fundamental rating. BRX was compared to 130 industry peers in the Diversified REITs industry. BRX has an excellent profitability rating, but there are concerns on its financial health. BRX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
BRX had positive earnings in the past year.
In the past year BRX had a positive cash flow from operations.
BRX had positive earnings in each of the past 5 years.
Each year in the past 5 years BRX had a positive operating cash flow.
1.2 Ratios
The Return On Assets of BRX (4.75%) is better than 92.31% of its industry peers.
BRX has a better Return On Equity (13.82%) than 93.85% of its industry peers.
The Return On Invested Capital of BRX (6.05%) is better than 96.15% of its industry peers.
BRX had an Average Return On Invested Capital over the past 3 years of 4.88%. This is in line with the industry average of 3.17%.
The last Return On Invested Capital (6.05%) for BRX is above the 3 year average (4.88%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.75% | ||
| ROE | 13.82% | ||
| ROIC | 6.05% |
ROA(3y)3.88%
ROA(5y)3.26%
ROE(3y)11.45%
ROE(5y)9.75%
ROIC(3y)4.88%
ROIC(5y)4.52%
1.3 Margins
Looking at the Profit Margin, with a value of 25.16%, BRX is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Profit Margin of BRX has grown nicely.
With an excellent Operating Margin value of 36.35%, BRX belongs to the best of the industry, outperforming 81.54% of the companies in the same industry.
BRX's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 75.27%, BRX is in the better half of the industry, outperforming 72.31% of the companies in the same industry.
BRX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.35% | ||
| PM (TTM) | 25.16% | ||
| GM | 75.27% |
OM growth 3Y-0.02%
OM growth 5Y-0.47%
PM growth 3Y4.08%
PM growth 5Y2.36%
GM growth 3Y0.52%
GM growth 5Y0.17%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BRX is destroying value.
The number of shares outstanding for BRX has been increased compared to 1 year ago.
The number of shares outstanding for BRX has been increased compared to 5 years ago.
The debt/assets ratio for BRX is higher compared to a year ago.
2.2 Solvency
BRX has an Altman-Z score of 1.10. This is a bad value and indicates that BRX is not financially healthy and even has some risk of bankruptcy.
BRX has a Altman-Z score of 1.10. This is in the better half of the industry: BRX outperforms 78.46% of its industry peers.
BRX has a Debt/Equity ratio of 1.73. This is a high value indicating a heavy dependency on external financing.
BRX's Debt to Equity ratio of 1.73 is on the low side compared to the rest of the industry. BRX is outperformed by 66.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.73 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.1 |
ROIC/WACC0.9
WACC6.71%
2.3 Liquidity
A Current Ratio of 0.43 indicates that BRX may have some problems paying its short term obligations.
The Current ratio of BRX (0.43) is worse than 80.77% of its industry peers.
BRX has a Quick Ratio of 0.43. This is a bad value and indicates that BRX is not financially healthy enough and could expect problems in meeting its short term obligations.
BRX has a worse Quick ratio (0.42) than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 42.27% over the past year.
BRX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.83% yearly.
The Revenue has been growing slightly by 3.21% in the past year.
Measured over the past years, BRX shows a small growth in Revenue. The Revenue has been growing by 1.92% on average per year.
EPS 1Y (TTM)42.27%
EPS 3Y7.24%
EPS 5Y3.83%
EPS Q2Q%143.48%
Revenue 1Y (TTM)3.21%
Revenue growth 3Y3.7%
Revenue growth 5Y1.92%
Sales Q2Q%7.54%
3.2 Future
The Earnings Per Share is expected to decrease by -3.70% on average over the next years.
Based on estimates for the next years, BRX will show a small growth in Revenue. The Revenue will grow by 5.40% on average per year.
EPS Next Y-19.52%
EPS Next 2Y-6.16%
EPS Next 3Y-0.89%
EPS Next 5Y-3.7%
Revenue Next Year5.1%
Revenue Next 2Y4.76%
Revenue Next 3Y4.93%
Revenue Next 5Y5.4%
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
With a Price/Earnings ratio of 19.11, BRX is valued on the expensive side.
Based on the Price/Earnings ratio, BRX is valued cheaper than 82.31% of the companies in the same industry.
When comparing the Price/Earnings ratio of BRX to the average of the S&P500 Index (27.93), we can say BRX is valued slightly cheaper.
BRX is valuated quite expensively with a Price/Forward Earnings ratio of 26.98.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BRX indicates a somewhat cheap valuation: BRX is cheaper than 80.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.78, BRX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.11 | ||
| Fwd PE | 26.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BRX is valued a bit cheaper than the industry average as 60.77% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13 |
4.3 Compensation for Growth
The excellent profitability rating of BRX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)4.99
EPS Next 2Y-6.16%
EPS Next 3Y-0.89%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.49%, BRX is a good candidate for dividend investing.
BRX's Dividend Yield is slightly below the industry average, which is at 6.46.
Compared to an average S&P500 Dividend Yield of 2.32, BRX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
5.2 History
The dividend of BRX decreases each year by -0.56%.
BRX has paid a dividend for at least 10 years, which is a reliable track record.
BRX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.56%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
82.49% of the earnings are spent on dividend by BRX. This is not a sustainable payout ratio.
The Dividend Rate of BRX has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP82.49%
EPS Next 2Y-6.16%
EPS Next 3Y-0.89%
NYSE:BRX (7/29/2025, 3:56:10 PM)
26.37
+0.83 (+3.25%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners101.09%
Inst Owner Change-0.4%
Ins Owners0.39%
Ins Owner Change0.2%
Market Cap8.07B
Analysts80
Price Target30.63 (16.15%)
Short Float %4%
Short Ratio5.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
Yearly Dividend1.09
Dividend Growth(5Y)-0.56%
DP82.49%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.15%
Min EPS beat(2)2.35%
Max EPS beat(2)19.95%
EPS beat(4)4
Avg EPS beat(4)18.14%
Min EPS beat(4)2.35%
Max EPS beat(4)44.96%
EPS beat(8)7
Avg EPS beat(8)14.83%
EPS beat(12)11
Avg EPS beat(12)28.62%
EPS beat(16)15
Avg EPS beat(16)36.59%
Revenue beat(2)1
Avg Revenue beat(2)0.29%
Min Revenue beat(2)-0.6%
Max Revenue beat(2)1.17%
Revenue beat(4)1
Avg Revenue beat(4)-0.51%
Min Revenue beat(4)-1.79%
Max Revenue beat(4)1.17%
Revenue beat(8)3
Avg Revenue beat(8)-0.32%
Revenue beat(12)5
Avg Revenue beat(12)-0.07%
Revenue beat(16)9
Avg Revenue beat(16)0.56%
PT rev (1m)0.2%
PT rev (3m)-2.99%
EPS NQ rev (1m)-0.2%
EPS NQ rev (3m)-4.66%
EPS NY rev (1m)-0.75%
EPS NY rev (3m)-1.87%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)0.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.11 | ||
| Fwd PE | 26.98 | ||
| P/S | 4.97 | ||
| P/FCF | N/A | ||
| P/OCF | 12.89 | ||
| P/B | 2.73 | ||
| P/tB | 2.73 | ||
| EV/EBITDA | 13 |
EPS(TTM)1.38
EY5.23%
EPS(NY)0.98
Fwd EY3.71%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)2.05
OCFY7.76%
SpS5.3
BVpS9.65
TBVpS9.65
PEG (NY)N/A
PEG (5Y)4.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.75% | ||
| ROE | 13.82% | ||
| ROCE | 7.66% | ||
| ROIC | 6.05% | ||
| ROICexc | 6.14% | ||
| ROICexgc | 6.15% | ||
| OM | 36.35% | ||
| PM (TTM) | 25.16% | ||
| GM | 75.27% | ||
| FCFM | N/A |
ROA(3y)3.88%
ROA(5y)3.26%
ROE(3y)11.45%
ROE(5y)9.75%
ROIC(3y)4.88%
ROIC(5y)4.52%
ROICexc(3y)4.98%
ROICexc(5y)4.66%
ROICexgc(3y)4.99%
ROICexgc(5y)4.67%
ROCE(3y)6.18%
ROCE(5y)5.73%
ROICexcg growth 3Y5.16%
ROICexcg growth 5Y4.28%
ROICexc growth 3Y5.16%
ROICexc growth 5Y4.27%
OM growth 3Y-0.02%
OM growth 5Y-0.47%
PM growth 3Y4.08%
PM growth 5Y2.36%
GM growth 3Y0.52%
GM growth 5Y0.17%
F-Score6
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.73 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.18 | ||
| Cap/Depr | 165.73% | ||
| Cap/Sales | 40.42% | ||
| Interest Coverage | 2.77 | ||
| Cash Conversion | 63.54% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.42 | ||
| Altman-Z | 1.1 |
F-Score6
WACC6.71%
ROIC/WACC0.9
Cap/Depr(3y)160.08%
Cap/Depr(5y)147.91%
Cap/Sales(3y)46.34%
Cap/Sales(5y)43.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)42.27%
EPS 3Y7.24%
EPS 5Y3.83%
EPS Q2Q%143.48%
EPS Next Y-19.52%
EPS Next 2Y-6.16%
EPS Next 3Y-0.89%
EPS Next 5Y-3.7%
Revenue 1Y (TTM)3.21%
Revenue growth 3Y3.7%
Revenue growth 5Y1.92%
Sales Q2Q%7.54%
Revenue Next Year5.1%
Revenue Next 2Y4.76%
Revenue Next 3Y4.93%
Revenue Next 5Y5.4%
EBIT growth 1Y29.99%
EBIT growth 3Y3.69%
EBIT growth 5Y1.45%
EBIT Next Year85.06%
EBIT Next 3Y26.81%
EBIT Next 5Y21.65%
FCF growth 1Y-364.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y6.29%
OCF growth 3Y4.2%
OCF growth 5Y3.39%