CENTERSPACE (CSR) Stock Fundamental Analysis
NYSE:CSR - New York Stock Exchange, Inc. - US15202L1070 - REIT - Currency: USD
Taking everything into account, CSR scores 3 out of 10 in our fundamental rating. CSR was compared to 20 industry peers in the Residential REITs industry. CSR may be in some trouble as it scores bad on both profitability and health. CSR is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CSR had negative earnings in the past year.
CSR had a positive operating cash flow in the past year.
In the past 5 years CSR reported 4 times negative net income.
In the past 5 years CSR always reported a positive cash flow from operatings.
1.2 Ratios
CSR has a Return On Assets of -0.94%. This is in the lower half of the industry: CSR underperforms 70.00% of its industry peers.
CSR has a worse Return On Equity (-2.74%) than 70.00% of its industry peers.
With a Return On Invested Capital value of 1.04%, CSR is not doing good in the industry: 85.00% of the companies in the same industry are doing better.
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 2.62%.
The last Return On Invested Capital (1.04%) for CSR is above the 3 year average (0.95%), which is a sign of increasing profitability.
| 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
Looking at the Operating Margin, with a value of 9.17%, CSR is doing worse than 85.00% of the companies in the same industry.
CSR's Operating Margin has improved in the last couple of years.
The Gross Margin of CSR (57.90%) is comparable to the rest of the industry.
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
Based on the Altman-Z score of 0.17, we must say that CSR is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.17, CSR is doing worse than 85.00% of the companies in the same industry.
CSR has a debt to FCF ratio of 16.37. This is a negative value and a sign of low solvency as CSR would need 16.37 years to pay back of all of its debts.
The Debt to FCF ratio of CSR (16.37) is better than 75.00% of its industry peers.
A Debt/Equity ratio of 1.46 is on the high side and indicates that CSR has dependencies on debt financing.
The Debt to Equity ratio of CSR (1.46) is worse than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | 16.37 | ||
| Altman-Z | 0.17 |
ROIC/WACC0.16
WACC6.46%
2.3 Liquidity
A Current Ratio of 0.21 indicates that CSR may have some problems paying its short term obligations.
CSR's Current 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.
A Quick Ratio of 0.21 indicates that CSR may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.21, CSR is doing worse than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.21 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
The earnings per share for CSR have decreased strongly by -211.11% in the last year.
CSR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.10%.
CSR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.03% yearly.
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
The Earnings Per Share is expected to grow by 27.37% on average over the next years. This is a very strong growth
CSR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.54% yearly.
EPS Next Y53.87%
EPS Next 2Y32.36%
EPS Next 3Y27.37%
EPS Next 5YN/A
Revenue Next Year4.09%
Revenue Next 2Y3.89%
Revenue Next 3Y3.54%
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
100.00% of the companies in the same industry are more expensive than CSR, based on the Enterprise Value to EBITDA ratio.
CSR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CSR is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.23 | ||
| EV/EBITDA | 14.71 |
4.3 Compensation for Growth
A more expensive valuation may be justified as CSR's earnings are expected to grow with 27.37% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y32.36%
EPS Next 3Y27.37%
5. Dividend
5.1 Amount
CSR has a Yearly Dividend Yield of 5.11%, which is a nice return.
Compared to an average industry Dividend Yield of 4.70, CSR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, CSR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.11% |
5.2 History
The dividend of CSR decreases each year by -0.65%.
CSR has been paying a dividend for at least 10 years, so it has 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
CSR has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-286.11%
EPS Next 2Y32.36%
EPS Next 3Y27.37%
60.08
-0.22 (-0.36%)
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 Change-0.02%
Ins Owners0.37%
Ins Owner Change3.37%
Market Cap1.01B
Analysts77.5
Price Target72.21 (20.19%)
Short Float %1.48%
Short Ratio2.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.11% |
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%
PT rev (3m)-2.96%
EPS NQ rev (1m)15.71%
EPS NQ rev (3m)9.23%
EPS NY rev (1m)8.42%
EPS NY rev (3m)13.43%
Revenue NQ rev (1m)0.48%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)0.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 3.82 | ||
| P/FCF | 17.23 | ||
| P/OCF | 10.13 | ||
| P/B | 1.54 | ||
| P/tB | 1.54 | ||
| EV/EBITDA | 14.71 |
EPS(TTM)-1.12
EYN/A
EPS(NY)-0.32
Fwd EYN/A
FCF(TTM)3.49
FCFY5.8%
OCF(TTM)5.93
OCFY9.87%
SpS15.74
BVpS39.03
TBVpS39.03
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 | 0.17 |
F-Score3
WACC6.46%
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)-211.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40.54%
EPS Next Y53.87%
EPS Next 2Y32.36%
EPS Next 3Y27.37%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.1%
Revenue growth 3Y8.97%
Revenue growth 5Y7.03%
Sales Q2Q%4.01%
Revenue Next Year4.09%
Revenue Next 2Y3.89%
Revenue Next 3Y3.54%
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%