CORENERGY INFRASTRUCTURE TRU (CORR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CORR - US21870U5020 - REIT
0.45 USD
-0.01 (-2.17%)
We assign a fundamental rating of 2 out of 10 to CORR. CORR was compared to 30 industry peers in the Specialized REITs industry. Both the profitability and financial health of CORR have multiple concerns. CORR does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- In the past year CORR has reported negative net income.
- In the past year CORR had a positive cash flow from operations.
1.2 Ratios
- Looking at the Return On Assets, with a value of -4.73%, CORR is doing worse than 89.66% of the companies in the same industry.
- With a Return On Equity value of -20.79%, CORR is not doing good in the industry: 82.76% of the companies in the same industry are doing better.
- CORR has a Return On Invested Capital of 1.08%. This is amonst the worse of the industry: CORR underperforms 93.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.73% | ||
| ROE | -20.79% | ||
| ROIC | 1.08% |
ROA(3y)-39.35%
ROA(5y)-22.67%
ROE(3y)-79.76%
ROE(5y)-46.57%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Operating Margin, with a value of 4.64%, CORR is doing worse than 93.10% of the companies in the same industry.
- CORR's Operating Margin has declined in the last couple of years.
- The Gross Margin of CORR (89.42%) is better than 86.21% of its industry peers.
- CORR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.64% | ||
| PM (TTM) | N/A | ||
| GM | 89.42% |
OM growth 3Y-33.22%
OM growth 5Y-20.9%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-1.44%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CORR is destroying value.
- The number of shares outstanding for CORR has been increased compared to 1 year ago.
- Compared to 1 year ago, CORR has a worse debt to assets ratio.
2.2 Solvency
- CORR has an Altman-Z score of -0.68. This is a bad value and indicates that CORR is not financially healthy and even has some risk of bankruptcy.
- CORR's Altman-Z score of -0.68 is on the low side compared to the rest of the industry. CORR is outperformed by 96.55% of its industry peers.
- CORR has a Debt/Equity ratio of 2.01. This is a high value indicating a heavy dependency on external financing.
- CORR has a Debt to Equity ratio of 2.01. This is in the lower half of the industry: CORR underperforms 65.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.68 |
ROIC/WACC0.24
WACC4.52%
2.3 Liquidity
- A Current Ratio of 0.91 indicates that CORR may have some problems paying its short term obligations.
- With a decent Current ratio value of 0.91, CORR is doing good in the industry, outperforming 62.07% of the companies in the same industry.
- A Quick Ratio of 0.83 indicates that CORR may have some problems paying its short term obligations.
- With a decent Quick ratio value of 0.83, CORR is doing good in the industry, outperforming 62.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
- The earnings per share for CORR have decreased strongly by -22.92% in the last year.
- The Revenue has been growing slightly by 0.91% in the past year.
- CORR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.53% yearly.
EPS 1Y (TTM)-22.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60.07%
Revenue 1Y (TTM)0.91%
Revenue growth 3Y15.85%
Revenue growth 5Y8.53%
Sales Q2Q%0.25%
3.2 Future
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for CORR. In the last year negative earnings were reported.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CORR indicates a rather cheap valuation: CORR is cheaper than 96.55% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.73 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- CORR has a Yearly Dividend Yield of 142.91%, which is a nice return.
- In the last 3 months the price of CORR has falen by -51.09%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
- CORR's Dividend Yield is rather good when compared to the industry average which is at 5.51. CORR pays more dividend than 100.00% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, CORR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 142.91% |
5.2 History
- The dividend of CORR decreases each year by -27.05%.
- CORR has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of CORR decreased recently.
Dividend Growth(5Y)-27.05%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
- The earnings of CORR are negative and hence is the payout ratio. CORR will probably not be able to sustain this dividend level.
DP-12.9%
EPS Next 2YN/A
EPS Next 3YN/A
CORENERGY INFRASTRUCTURE TRU / CORR FAQ
Can you provide the ChartMill fundamental rating for CORENERGY INFRASTRUCTURE TRU?
ChartMill assigns a fundamental rating of 2 / 10 to CORR.
What is the valuation status for CORR stock?
ChartMill assigns a valuation rating of 1 / 10 to CORENERGY INFRASTRUCTURE TRU (CORR). This can be considered as Overvalued.
What is the profitability of CORR stock?
CORENERGY INFRASTRUCTURE TRU (CORR) has a profitability rating of 2 / 10.
Can you provide the dividend sustainability for CORR stock?
The dividend rating of CORENERGY INFRASTRUCTURE TRU (CORR) is 5 / 10 and the dividend payout ratio is -12.9%.