CENTERSPACE (CSR) Stock Fundamental Analysis
USA - NYSE:CSR - US15202L1070 - REIT
58.04 USD
-0.75 (-1.28%)
58.04 USD
0 (0%)
We assign a fundamental rating of 2 out of 10 to CSR. CSR was compared to 20 industry peers in the Residential REITs industry. Both the profitability and financial health of CSR have multiple concerns. CSR is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CSR has reported negative net income.
In the past year CSR had a positive cash flow from operations.
CSR had negative earnings in 4 of the past 5 years.
CSR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -1.47%, CSR is not doing good in the industry: 85.00% of the companies in the same industry are doing better.
CSR has a Return On Equity of -4.09%. This is in the lower half of the industry: CSR underperforms 75.00% of its industry peers.
CSR has a worse Return On Invested Capital (0.99%) than 85.00% of its industry peers.
CSR had an Average Return On Invested Capital over the past 3 years of 0.95%. This is in line with the industry average of 2.59%.
The 3 year average ROIC (0.95%) for CSR is below the current ROIC(0.99%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.47% | ||
| ROE | -4.09% | ||
| ROIC | 0.99% |
ROA(3y)-0.08%
ROA(5y)-0.14%
ROE(3y)-0.29%
ROE(5y)-0.39%
ROIC(3y)0.95%
ROIC(5y)0.7%
1.3 Margins
With a Operating Margin value of 9.21%, CSR is not doing good in the industry: 85.00% of the companies in the same industry are doing better.
CSR's Operating Margin has improved in the last couple of years.
CSR's Gross Margin of 57.86% is in line compared to the rest of the industry. CSR outperforms 45.00% of its industry peers.
CSR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.21% | ||
| PM (TTM) | N/A | ||
| GM | 57.86% |
OM growth 3Y90.72%
OM growth 5Y6.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.86%
GM growth 5Y1.32%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CSR is destroying value.
CSR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CSR has more shares outstanding
The debt/assets ratio for CSR is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.14, we must say that CSR is in the distress zone and has some risk of bankruptcy.
CSR has a Altman-Z score of 0.14. This is amonst the worse of the industry: CSR underperforms 90.00% of its industry peers.
A Debt/Equity ratio of 1.54 is on the high side and indicates that CSR has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.54, CSR is doing worse than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.54 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.14 |
ROIC/WACC0.16
WACC6.19%
2.3 Liquidity
A Current Ratio of 0.22 indicates that CSR may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.22, CSR is doing worse than 65.00% of the companies in the same industry.
A Quick Ratio of 0.22 indicates that CSR may have some problems paying its short term obligations.
CSR's Quick ratio of 0.22 is on the low side compared to the rest of the industry. CSR is outperformed by 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.22 | ||
| Quick Ratio | 0.22 |
3. Growth
3.1 Past
The earnings per share for CSR have decreased strongly by -78.46% in the last year.
Looking at the last year, CSR shows a small growth in Revenue. The Revenue has grown by 3.44% in the last year.
CSR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.03% yearly.
EPS 1Y (TTM)-78.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%101.05%
Revenue 1Y (TTM)3.44%
Revenue growth 3Y8.97%
Revenue growth 5Y7.03%
Sales Q2Q%5.39%
3.2 Future
Based on estimates for the next years, CSR will show a very strong growth in Earnings Per Share. The EPS will grow by 34.65% on average per year.
Based on estimates for the next years, CSR will show a small growth in Revenue. The Revenue will grow by 2.92% on average per year.
EPS Next Y37.44%
EPS Next 2Y37.72%
EPS Next 3Y34.65%
EPS Next 5YN/A
Revenue Next Year5.02%
Revenue Next 2Y3.65%
Revenue Next 3Y2.92%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for CSR. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for CSR. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CSR is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.42 |
4.3 Compensation for Growth
CSR's earnings are expected to grow with 34.65% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y37.72%
EPS Next 3Y34.65%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.24%, CSR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.43, CSR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, CSR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.24% |
5.2 History
The dividend of CSR decreases each year by -0.65%.
CSR has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of CSR decreased recently.
Dividend Growth(5Y)-0.65%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
The earnings of CSR are negative and hence is the payout ratio. CSR will probably not be able to sustain this dividend level.
DP-173.83%
EPS Next 2Y37.72%
EPS Next 3Y34.65%
58.04
-0.75 (-1.28%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners88.26%
Inst Owner Change-0.06%
Ins Owners0.38%
Ins Owner Change3.96%
Market Cap972.75M
Analysts77.5
Price Target67.58 (16.44%)
Short Float %1.98%
Short Ratio3.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.24% |
Yearly Dividend3.24
Dividend Growth(5Y)-0.65%
DP-173.83%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)39.65%
Min EPS beat(2)-22.37%
Max EPS beat(2)101.68%
EPS beat(4)1
Avg EPS beat(4)-11.61%
Min EPS beat(4)-76.02%
Max EPS beat(4)101.68%
EPS beat(8)3
Avg EPS beat(8)-25.91%
EPS beat(12)6
Avg EPS beat(12)497.96%
EPS beat(16)8
Avg EPS beat(16)374.71%
Revenue beat(2)1
Avg Revenue beat(2)-0.18%
Min Revenue beat(2)-0.37%
Max Revenue beat(2)0.01%
Revenue beat(4)1
Avg Revenue beat(4)-1.36%
Min Revenue beat(4)-4.79%
Max Revenue beat(4)0.01%
Revenue beat(8)1
Avg Revenue beat(8)-1.33%
Revenue beat(12)4
Avg Revenue beat(12)-0.93%
Revenue beat(16)8
Avg Revenue beat(16)-0.1%
PT rev (1m)-1.19%
PT rev (3m)-6.42%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.17%
EPS NY rev (1m)-51.28%
EPS NY rev (3m)-35.63%
Revenue NQ rev (1m)1.11%
Revenue NQ rev (3m)1.51%
Revenue NY rev (1m)0.43%
Revenue NY rev (3m)0.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 3.64 | ||
| P/FCF | N/A | ||
| P/OCF | 9.57 | ||
| P/B | 1.35 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | 15.42 |
EPS(TTM)-0.93
EYN/A
EPS(NY)-0.13
Fwd EYN/A
FCF(TTM)-5.09
FCFYN/A
OCF(TTM)6.07
OCFY10.45%
SpS15.94
BVpS43.04
TBVpS43.04
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.47% | ||
| ROE | -4.09% | ||
| ROCE | 1.26% | ||
| ROIC | 0.99% | ||
| ROICexc | 1% | ||
| ROICexgc | 1.02% | ||
| OM | 9.21% | ||
| PM (TTM) | N/A | ||
| GM | 57.86% | ||
| FCFM | N/A |
ROA(3y)-0.08%
ROA(5y)-0.14%
ROE(3y)-0.29%
ROE(5y)-0.39%
ROIC(3y)0.95%
ROIC(5y)0.7%
ROICexc(3y)0.95%
ROICexc(5y)0.71%
ROICexgc(3y)0.96%
ROICexgc(5y)0.71%
ROCE(3y)1.2%
ROCE(5y)0.89%
ROICexcg growth 3Y107.93%
ROICexcg growth 5Y7.08%
ROICexc growth 3Y107.97%
ROICexc growth 5Y7.04%
OM growth 3Y90.72%
OM growth 5Y6.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.86%
GM growth 5Y1.32%
F-Score2
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.54 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.27 | ||
| Cap/Depr | 170.32% | ||
| Cap/Sales | 70% | ||
| Interest Coverage | 0.74 | ||
| Cash Conversion | 75.67% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.22 | ||
| Quick Ratio | 0.22 | ||
| Altman-Z | 0.14 |
F-Score2
WACC6.19%
ROIC/WACC0.16
Cap/Depr(3y)101.15%
Cap/Depr(5y)179.12%
Cap/Sales(3y)41.21%
Cap/Sales(5y)77.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-78.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%101.05%
EPS Next Y37.44%
EPS Next 2Y37.72%
EPS Next 3Y34.65%
EPS Next 5YN/A
Revenue 1Y (TTM)3.44%
Revenue growth 3Y8.97%
Revenue growth 5Y7.03%
Sales Q2Q%5.39%
Revenue Next Year5.02%
Revenue Next 2Y3.65%
Revenue Next 3Y2.92%
Revenue Next 5YN/A
EBIT growth 1Y-5.28%
EBIT growth 3Y107.82%
EBIT growth 5Y14.31%
EBIT Next Year459.36%
EBIT Next 3Y80.2%
EBIT Next 5YN/A
FCF growth 1Y-42.41%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-1.34%
OCF growth 3Y5.35%
OCF growth 5Y7.14%