CARETRUST REIT INC (CTRE) Stock Fundamental Analysis
NYSE:CTRE - US14174T1079 - REIT
33.94 USD
-0.14 (-0.41%)
33.94 USD
0 (0%)
Overall CTRE gets a fundamental rating of 7 out of 10. We evaluated CTRE against 129 industry peers in the Diversified REITs industry. CTRE has an excellent profitability rating, but there are some minor concerns on its financial health. CTRE is growing strongly while it is still valued neutral. This is a good combination! This makes CTRE very considerable for growth investing!
1. Profitability
1.1 Basic Checks
CTRE had positive earnings in the past year.
In the past year CTRE had a positive cash flow from operations.
Of the past 5 years CTRE 4 years were profitable.
In the past 5 years CTRE always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 4.71%, CTRE belongs to the best of the industry, outperforming 92.25% of the companies in the same industry.
The Return On Equity of CTRE (6.64%) is better than 77.52% of its industry peers.
With an excellent Return On Invested Capital value of 4.38%, CTRE belongs to the best of the industry, outperforming 80.62% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CTRE is above the industry average of 3.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.71% | ||
| ROE | 6.64% | ||
| ROIC | 4.38% |
ROA(3y)1.9%
ROA(5y)3.08%
ROE(3y)2.37%
ROE(5y)4.75%
ROIC(3y)5.24%
ROIC(5y)5.34%
1.3 Margins
The Profit Margin of CTRE (58.73%) is better than 97.67% of its industry peers.
In the last couple of years the Profit Margin of CTRE has grown nicely.
CTRE has a better Operating Margin (66.50%) than 99.22% of its industry peers.
CTRE's Operating Margin has improved in the last couple of years.
CTRE has a Gross Margin of 98.44%. This is amongst the best in the industry. CTRE outperforms 98.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 66.5% | ||
| PM (TTM) | 58.73% | ||
| GM | 98.44% |
OM growth 3Y5.41%
OM growth 5Y3.45%
PM growth 3Y4.22%
PM growth 5Y8.32%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CTRE is destroying value.
The number of shares outstanding for CTRE has been increased compared to 1 year ago.
The number of shares outstanding for CTRE has been increased compared to 5 years ago.
The debt/assets ratio for CTRE has been reduced compared to a year ago.
2.2 Solvency
CTRE has an Altman-Z score of 3.48. This indicates that CTRE is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.48, CTRE belongs to the best of the industry, outperforming 98.45% of the companies in the same industry.
CTRE has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.35, CTRE belongs to the top of the industry, outperforming 96.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.48 |
ROIC/WACC0.52
WACC8.48%
2.3 Liquidity
CTRE has a Current Ratio of 1.75. This is a normal value and indicates that CTRE is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.75, CTRE is in the better half of the industry, outperforming 74.42% of the companies in the same industry.
CTRE has a Quick Ratio of 1.75. This is a normal value and indicates that CTRE is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.75, CTRE is in the better half of the industry, outperforming 74.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.75 |
3. Growth
3.1 Past
CTRE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 108.47%, which is quite impressive.
CTRE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.30% yearly.
The Revenue has grown by 50.83% in the past year. This is a very strong growth!
CTRE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.64% yearly.
EPS 1Y (TTM)108.47%
EPS 3Y-1.19%
EPS 5Y11.3%
EPS Q2Q%400%
Revenue 1Y (TTM)50.83%
Revenue growth 3Y15.48%
Revenue growth 5Y12.64%
Sales Q2Q%102.99%
3.2 Future
The Earnings Per Share is expected to grow by 23.02% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 27.83% on average over the next years. This is a very strong growth
EPS Next Y75.18%
EPS Next 2Y36.67%
EPS Next 3Y23.02%
EPS Next 5YN/A
Revenue Next Year39.08%
Revenue Next 2Y33.46%
Revenue Next 3Y27.83%
Revenue Next 5YN/A
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 accelerating.
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
CTRE is valuated quite expensively with a Price/Earnings ratio of 27.59.
68.22% of the companies in the same industry are more expensive than CTRE, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.06. CTRE is around the same levels.
A Price/Forward Earnings ratio of 22.16 indicates a rather expensive valuation of CTRE.
Based on the Price/Forward Earnings ratio, CTRE is valued cheaper than 91.47% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.69. CTRE is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.59 | ||
| Fwd PE | 22.16 |
4.2 Price Multiples
CTRE's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. CTRE is more expensive than 92.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 26.58 |
4.3 Compensation for Growth
CTRE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of CTRE may justify a higher PE ratio.
CTRE's earnings are expected to grow with 23.02% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.37
PEG (5Y)2.44
EPS Next 2Y36.67%
EPS Next 3Y23.02%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.93%, CTRE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 6.63, CTRE is paying slightly less dividend.
CTRE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
5.2 History
The dividend of CTRE has a limited annual growth rate of 4.05%.
CTRE has paid a dividend for at least 10 years, which is a reliable track record.
CTRE has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)4.05%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
CTRE pays out 96.62% of its income as dividend. This is not a sustainable payout ratio.
The dividend of CTRE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP96.62%
EPS Next 2Y36.67%
EPS Next 3Y23.02%
33.94
-0.14 (-0.41%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners99.71%
Inst Owner Change8.33%
Ins Owners0.54%
Ins Owner Change1.14%
Market Cap7.58B
Analysts87.14
Price Target36.08 (6.31%)
Short Float %3.22%
Short Ratio2.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
Yearly Dividend1.09
Dividend Growth(5Y)4.05%
DP96.62%
Div Incr Years9
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.16%
Min EPS beat(2)-6.76%
Max EPS beat(2)0.43%
EPS beat(4)2
Avg EPS beat(4)-8.38%
Min EPS beat(4)-29.49%
Max EPS beat(4)2.3%
EPS beat(8)2
Avg EPS beat(8)-24.52%
EPS beat(12)2
Avg EPS beat(12)-38.92%
EPS beat(16)4
Avg EPS beat(16)-30.02%
Revenue beat(2)1
Avg Revenue beat(2)9.81%
Min Revenue beat(2)-15.93%
Max Revenue beat(2)35.56%
Revenue beat(4)2
Avg Revenue beat(4)10.79%
Min Revenue beat(4)-15.93%
Max Revenue beat(4)35.56%
Revenue beat(8)4
Avg Revenue beat(8)5.96%
Revenue beat(12)7
Avg Revenue beat(12)4.33%
Revenue beat(16)8
Avg Revenue beat(16)2.79%
PT rev (1m)6.48%
PT rev (3m)11.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.85%
EPS NY rev (1m)0.6%
EPS NY rev (3m)-5.06%
Revenue NQ rev (1m)2.5%
Revenue NQ rev (3m)4.57%
Revenue NY rev (1m)1.45%
Revenue NY rev (3m)1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.59 | ||
| Fwd PE | 22.16 | ||
| P/S | 20.3 | ||
| P/FCF | N/A | ||
| P/OCF | 24.09 | ||
| P/B | 2.3 | ||
| P/tB | 2.3 | ||
| EV/EBITDA | 26.58 |
EPS(TTM)1.23
EY3.62%
EPS(NY)1.53
Fwd EY4.51%
FCF(TTM)-5.04
FCFYN/A
OCF(TTM)1.41
OCFY4.15%
SpS1.67
BVpS14.78
TBVpS14.78
PEG (NY)0.37
PEG (5Y)2.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.71% | ||
| ROE | 6.64% | ||
| ROCE | 5.54% | ||
| ROIC | 4.38% | ||
| ROICexc | 4.7% | ||
| ROICexgc | 4.7% | ||
| OM | 66.5% | ||
| PM (TTM) | 58.73% | ||
| GM | 98.44% | ||
| FCFM | N/A |
ROA(3y)1.9%
ROA(5y)3.08%
ROE(3y)2.37%
ROE(5y)4.75%
ROIC(3y)5.24%
ROIC(5y)5.34%
ROICexc(3y)5.66%
ROICexc(5y)5.62%
ROICexgc(3y)5.66%
ROICexgc(5y)5.62%
ROCE(3y)6.63%
ROCE(5y)6.75%
ROICexcg growth 3Y-3.12%
ROICexcg growth 5Y0.18%
ROICexc growth 3Y-3.12%
ROICexc growth 5Y0.18%
OM growth 3Y5.41%
OM growth 5Y3.45%
PM growth 3Y4.22%
PM growth 5Y8.32%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.64 | ||
| Cap/Depr | 2097.02% | ||
| Cap/Sales | 385.9% | ||
| Interest Coverage | 8.55 | ||
| Cash Conversion | 99.23% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.75 | ||
| Altman-Z | 3.48 |
F-Score5
WACC8.48%
ROIC/WACC0.52
Cap/Depr(3y)658.62%
Cap/Depr(5y)503.99%
Cap/Sales(3y)134.69%
Cap/Sales(5y)112.45%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)108.47%
EPS 3Y-1.19%
EPS 5Y11.3%
EPS Q2Q%400%
EPS Next Y75.18%
EPS Next 2Y36.67%
EPS Next 3Y23.02%
EPS Next 5YN/A
Revenue 1Y (TTM)50.83%
Revenue growth 3Y15.48%
Revenue growth 5Y12.64%
Sales Q2Q%102.99%
Revenue Next Year39.08%
Revenue Next 2Y33.46%
Revenue Next 3Y27.83%
Revenue Next 5YN/A
EBIT growth 1Y56.55%
EBIT growth 3Y21.72%
EBIT growth 5Y16.53%
EBIT Next Year178.37%
EBIT Next 3Y54.56%
EBIT Next 5Y39.97%
FCF growth 1Y-2758.87%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y119.86%
OCF growth 3Y15.9%
OCF growth 5Y14.1%