CENTERSPACE (CSR) Stock Fundamental Analysis
NYSE:CSR - New York Stock Exchange, Inc. - US15202L1070 - REIT - Currency: USD
CSR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 20 industry peers in the Residential REITs industry. Both the profitability and financial health of CSR have multiple concerns. CSR has a expensive valuation and it also scores bad on growth.
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
CSR has a worse Return On Assets (-0.94%) than 70.00% of its industry peers.
Looking at the Return On Equity, with a value of -2.74%, CSR is doing worse than 70.00% of the companies in the same industry.
CSR's Return On Invested Capital of 1.04% is on the low side compared to the rest of the industry. CSR is outperformed by 85.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CSR is in line with the industry average of 2.62%.
The 3 year average ROIC (0.95%) for CSR is below the current ROIC(1.04%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.94% | ||
| ROE | -2.74% | ||
| ROIC | 1.04% |
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
CSR's Operating Margin of 9.17% is on the low side compared to the rest of the industry. CSR is outperformed by 85.00% of its industry peers.
CSR's Operating Margin has improved in the last couple of years.
CSR's Gross Margin of 57.90% is in line compared to the rest of the industry. CSR outperforms 45.00% of its industry peers.
In the last couple of years the Gross Margin of CSR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.17% | ||
| PM (TTM) | N/A | ||
| GM | 57.9% |
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
CSR 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, CSR has more shares outstanding
CSR has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CSR is higher compared to a year ago.
2.2 Solvency
CSR has an Altman-Z score of 0.20. This is a bad value and indicates that CSR is not financially healthy and even has some risk of bankruptcy.
CSR's Altman-Z score of 0.20 is on the low side compared to the rest of the industry. CSR is outperformed by 80.00% of its industry peers.
The Debt to FCF ratio of CSR is 16.37, which is on the high side as it means it would take CSR, 16.37 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CSR (16.37) is better than 75.00% of its industry peers.
CSR has a Debt/Equity ratio of 1.46. This is a high value indicating a heavy dependency on external financing.
CSR has a worse Debt to Equity ratio (1.46) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | 16.37 | ||
| Altman-Z | 0.2 |
ROIC/WACC0.15
WACC6.8%
2.3 Liquidity
CSR has a Current Ratio of 0.21. This is a bad value and indicates that CSR is not financially healthy enough and could expect problems in meeting its short term obligations.
CSR has a Current ratio of 0.21. This is in the lower half of the industry: CSR underperforms 60.00% of its industry peers.
A Quick Ratio of 0.21 indicates that CSR may have some problems paying its short term obligations.
CSR's Quick ratio of 0.21 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 | 0.21 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
CSR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -211.11%.
The Revenue for CSR has decreased by -19.10% in the past year. This is quite bad
The Revenue has been growing slightly by 7.03% on average over the past years.
EPS 1Y (TTM)-211.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40.54%
Revenue 1Y (TTM)-19.1%
Revenue growth 3Y8.97%
Revenue growth 5Y7.03%
Sales Q2Q%4.01%
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 27.42% on average per year.
Based on estimates for the next years, CSR will show a small growth in Revenue. The Revenue will grow by 3.42% on average per year.
EPS Next Y49.63%
EPS Next 2Y30.25%
EPS Next 3Y27.42%
EPS Next 5YN/A
Revenue Next Year3.78%
Revenue Next 2Y3.63%
Revenue Next 3Y3.42%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for CSR. In the last year negative earnings were reported.
Also next year CSR is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| 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.
Based on the Price/Free Cash Flow ratio, CSR is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.21 | ||
| EV/EBITDA | 15.14 |
4.3 Compensation for Growth
CSR's earnings are expected to grow with 27.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.25%
EPS Next 3Y27.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.76%, CSR is a good candidate for dividend investing.
CSR's Dividend Yield is a higher than the industry average which is at 4.54.
CSR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.76% |
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.
CSR has decreased its dividend 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-286.11%
EPS Next 2Y30.25%
EPS Next 3Y27.42%
63.52
-1.23 (-1.9%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners87.36%
Inst Owner Change1.84%
Ins Owners0.37%
Ins Owner Change5.92%
Market Cap1.06B
Analysts77.5
Price Target72.21 (13.68%)
Short Float %1.17%
Short Ratio1.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.76% |
Yearly Dividend3.24
Dividend Growth(5Y)-0.65%
DP-286.11%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-36.05%
Min EPS beat(2)-49.72%
Max EPS beat(2)-22.37%
EPS beat(4)1
Avg EPS beat(4)-30.84%
Min EPS beat(4)-76.02%
Max EPS beat(4)24.75%
EPS beat(8)3
Avg EPS beat(8)-27.06%
EPS beat(12)6
Avg EPS beat(12)493.89%
EPS beat(16)7
Avg EPS beat(16)282.9%
Revenue beat(2)0
Avg Revenue beat(2)-0.34%
Min Revenue beat(2)-0.37%
Max Revenue beat(2)-0.32%
Revenue beat(4)0
Avg Revenue beat(4)-1.73%
Min Revenue beat(4)-4.79%
Max Revenue beat(4)-0.32%
Revenue beat(8)0
Avg Revenue beat(8)-1.49%
Revenue beat(12)4
Avg Revenue beat(12)-0.91%
Revenue beat(16)7
Avg Revenue beat(16)-0.19%
PT rev (1m)-0.12%
PT rev (3m)-3.68%
EPS NQ rev (1m)-14.75%
EPS NQ rev (3m)-27.27%
EPS NY rev (1m)0%
EPS NY rev (3m)-24.18%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)0.29%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 4.03 | ||
| P/FCF | 18.21 | ||
| P/OCF | 10.7 | ||
| P/B | 1.63 | ||
| P/tB | 1.63 | ||
| EV/EBITDA | 15.14 |
EPS(TTM)-1.12
EYN/A
EPS(NY)-0.39
Fwd EYN/A
FCF(TTM)3.49
FCFY5.49%
OCF(TTM)5.93
OCFY9.34%
SpS15.75
BVpS39.05
TBVpS39.05
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.94% | ||
| ROE | -2.74% | ||
| ROCE | 1.32% | ||
| ROIC | 1.04% | ||
| ROICexc | 1.05% | ||
| ROICexgc | 1.07% | ||
| OM | 9.17% | ||
| PM (TTM) | N/A | ||
| GM | 57.9% | ||
| FCFM | 22.14% |
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-Score3
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | 16.37 | ||
| Debt/EBITDA | 7.21 | ||
| Cap/Depr | 37.78% | ||
| Cap/Sales | 15.52% | ||
| Interest Coverage | 0.71 | ||
| Cash Conversion | 74.94% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.21 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z | 0.2 |
F-Score3
WACC6.8%
ROIC/WACC0.15
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)-211.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40.54%
EPS Next Y49.63%
EPS Next 2Y30.25%
EPS Next 3Y27.42%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.1%
Revenue growth 3Y8.97%
Revenue growth 5Y7.03%
Sales Q2Q%4.01%
Revenue Next Year3.78%
Revenue Next 2Y3.63%
Revenue Next 3Y3.42%
Revenue Next 5YN/A
EBIT growth 1Y-27.8%
EBIT growth 3Y107.82%
EBIT growth 5Y14.31%
EBIT Next Year449.59%
EBIT Next 3Y81.11%
EBIT Next 5YN/A
FCF growth 1Y201.71%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-2.86%
OCF growth 3Y5.35%
OCF growth 5Y7.14%