DOUGLAS EMMETT INC (DEI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DEI - US25960P1093 - REIT
11.2 USD
-0.13 (-1.15%)
11.2 USD
0 (0%)
Taking everything into account, DEI scores 4 out of 10 in our fundamental rating. DEI was compared to 128 industry peers in the Diversified REITs industry. DEI scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. DEI has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
DEI had negative earnings in the past year.
DEI had a positive operating cash flow in the past year.
DEI had positive earnings in 4 of the past 5 years.
Each year in the past 5 years DEI had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.22%, DEI perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
DEI has a Return On Equity (1.07%) which is in line with its industry peers.
DEI has a Return On Invested Capital of 1.67%. This is in the lower half of the industry: DEI underperforms 73.44% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DEI is in line with the industry average of 3.05%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.22% | ||
| ROE | 1.07% | ||
| ROIC | 1.67% |
ROA(3y)0.26%
ROA(5y)0.4%
ROE(3y)0.95%
ROE(5y)1.51%
ROIC(3y)1.67%
ROIC(5y)1.63%
1.3 Margins
Looking at the Profit Margin, with a value of 2.08%, DEI is in line with its industry, outperforming 44.53% of the companies in the same industry.
In the last couple of years the Profit Margin of DEI has declined.
DEI has a Operating Margin (19.37%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of DEI has declined.
DEI has a worse Gross Margin (63.77%) than 61.72% of its industry peers.
DEI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.37% | ||
| PM (TTM) | 2.08% | ||
| GM | 63.77% |
OM growth 3Y-1.45%
OM growth 5Y-4.15%
PM growth 3Y-31.59%
PM growth 5Y-43.41%
GM growth 3Y-1.25%
GM growth 5Y-1.1%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so DEI is destroying value.
Compared to 1 year ago, DEI has about the same amount of shares outstanding.
The number of shares outstanding for DEI has been reduced compared to 5 years ago.
The debt/assets ratio for DEI is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.15, we must say that DEI is in the distress zone and has some risk of bankruptcy.
DEI has a worse Altman-Z score (0.15) than 69.53% of its industry peers.
DEI has a debt to FCF ratio of 57.79. This is a negative value and a sign of low solvency as DEI would need 57.79 years to pay back of all of its debts.
DEI has a better Debt to FCF ratio (57.79) than 70.31% of its industry peers.
DEI has a Debt/Equity ratio of 2.85. This is a high value indicating a heavy dependency on external financing.
DEI's Debt to Equity ratio of 2.85 is on the low side compared to the rest of the industry. DEI is outperformed by 78.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.85 | ||
| Debt/FCF | 57.79 | ||
| Altman-Z | 0.15 |
ROIC/WACC0.29
WACC5.86%
2.3 Liquidity
DEI has a Current Ratio of 2.33. This indicates that DEI is financially healthy and has no problem in meeting its short term obligations.
DEI has a better Current ratio (2.33) than 85.94% of its industry peers.
DEI has a Quick Ratio of 2.33. This indicates that DEI is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of DEI (2.33) is better than 85.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.33 | ||
| Quick Ratio | 2.33 |
3. Growth
3.1 Past
DEI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -60.00%.
Measured over the past years, DEI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -42.57% on average per year.
Looking at the last year, DEI shows a decrease in Revenue. The Revenue has decreased by -0.12% in the last year.
Measured over the past years, DEI shows a small growth in Revenue. The Revenue has been growing by 1.04% on average per year.
EPS 1Y (TTM)-60%
EPS 3Y-20.63%
EPS 5Y-42.57%
EPS Q2Q%-333.33%
Revenue 1Y (TTM)-0.12%
Revenue growth 3Y2.41%
Revenue growth 5Y1.04%
Sales Q2Q%-0.07%
3.2 Future
The Earnings Per Share is expected to decrease by -40.21% on average over the next years. This is quite bad
Based on estimates for the next years, DEI will show a small growth in Revenue. The Revenue will grow by 2.91% on average per year.
EPS Next Y-34.74%
EPS Next 2Y-79%
EPS Next 3Y-43.45%
EPS Next 5Y-40.21%
Revenue Next Year2.47%
Revenue Next 2Y2.07%
Revenue Next 3Y1.83%
Revenue Next 5Y2.91%
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 stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
DEI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for DEI. 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, DEI is valued a bit cheaper than the industry average as 72.66% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, DEI is valued a bit cheaper than 75.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.49 | ||
| EV/EBITDA | 11.95 |
4.3 Compensation for Growth
A cheap valuation may be justified as DEI's earnings are expected to decrease with -43.45% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-79%
EPS Next 3Y-43.45%
5. Dividend
5.1 Amount
DEI has a Yearly Dividend Yield of 6.46%, which is a nice return.
In the last 3 months the price of DEI has falen by -30.69%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
DEI's Dividend Yield is a higher than the industry average which is at 6.20.
DEI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.46% |
5.2 History
The dividend of DEI decreases each year by -6.08%.
DEI has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of DEI decreased recently.
Dividend Growth(5Y)-6.08%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
612.82% of the earnings are spent on dividend by DEI. This is not a sustainable payout ratio.
DEI's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP612.82%
EPS Next 2Y-79%
EPS Next 3Y-43.45%
11.2
-0.13 (-1.15%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners104.61%
Inst Owner Change2.03%
Ins Owners3.44%
Ins Owner Change0.56%
Market Cap1.88B
Revenue(TTM)999.53M
Net Income(TTM)20.77M
Analysts65.88
Price Target14.6 (30.36%)
Short Float %14.9%
Short Ratio11.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.46% |
Yearly Dividend0.76
Dividend Growth(5Y)-6.08%
DP612.82%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.56%
Min EPS beat(2)0.99%
Max EPS beat(2)36.12%
EPS beat(4)3
Avg EPS beat(4)13.26%
Min EPS beat(4)-65.02%
Max EPS beat(4)80.96%
EPS beat(8)6
Avg EPS beat(8)74.01%
EPS beat(12)8
Avg EPS beat(12)38.16%
EPS beat(16)10
Avg EPS beat(16)25.37%
Revenue beat(2)0
Avg Revenue beat(2)-0.84%
Min Revenue beat(2)-1.66%
Max Revenue beat(2)-0.03%
Revenue beat(4)1
Avg Revenue beat(4)-0.5%
Min Revenue beat(4)-1.66%
Max Revenue beat(4)1.05%
Revenue beat(8)4
Avg Revenue beat(8)0.17%
Revenue beat(12)5
Avg Revenue beat(12)-0.2%
Revenue beat(16)7
Avg Revenue beat(16)-0.15%
PT rev (1m)-14.52%
PT rev (3m)-14.38%
EPS NQ rev (1m)13.98%
EPS NQ rev (3m)29.83%
EPS NY rev (1m)24.44%
EPS NY rev (3m)423.08%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)-0.04%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.88 | ||
| P/FCF | 19.49 | ||
| P/OCF | 4.71 | ||
| P/B | 0.96 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | 11.95 |
EPS(TTM)-0.16
EYN/A
EPS(NY)-0.16
Fwd EYN/A
FCF(TTM)0.57
FCFY5.13%
OCF(TTM)2.38
OCFY21.21%
SpS5.97
BVpS11.63
TBVpS11.59
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.22% | ||
| ROE | 1.07% | ||
| ROCE | 2.12% | ||
| ROIC | 1.67% | ||
| ROICexc | 1.75% | ||
| ROICexgc | 1.76% | ||
| OM | 19.37% | ||
| PM (TTM) | 2.08% | ||
| GM | 63.77% | ||
| FCFM | 9.63% |
ROA(3y)0.26%
ROA(5y)0.4%
ROE(3y)0.95%
ROE(5y)1.51%
ROIC(3y)1.67%
ROIC(5y)1.63%
ROICexc(3y)1.75%
ROICexc(5y)1.7%
ROICexgc(3y)1.78%
ROICexgc(5y)1.72%
ROCE(3y)2.12%
ROCE(5y)2.07%
ROICexgc growth 3Y1.27%
ROICexgc growth 5Y-2.56%
ROICexc growth 3Y1.06%
ROICexc growth 5Y-2.66%
OM growth 3Y-1.45%
OM growth 5Y-4.15%
PM growth 3Y-31.59%
PM growth 5Y-43.41%
GM growth 3Y-1.25%
GM growth 5Y-1.1%
F-Score6
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.85 | ||
| Debt/FCF | 57.79 | ||
| Debt/EBITDA | 9.43 | ||
| Cap/Depr | 76.09% | ||
| Cap/Sales | 30.17% | ||
| Interest Coverage | 0.81 | ||
| Cash Conversion | 67.43% | ||
| Profit Quality | 463.37% | ||
| Current Ratio | 2.33 | ||
| Quick Ratio | 2.33 | ||
| Altman-Z | 0.15 |
F-Score6
WACC5.86%
ROIC/WACC0.29
Cap/Depr(3y)88.33%
Cap/Depr(5y)84.24%
Cap/Sales(3y)34.7%
Cap/Sales(5y)33.88%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-60%
EPS 3Y-20.63%
EPS 5Y-42.57%
EPS Q2Q%-333.33%
EPS Next Y-34.74%
EPS Next 2Y-79%
EPS Next 3Y-43.45%
EPS Next 5Y-40.21%
Revenue 1Y (TTM)-0.12%
Revenue growth 3Y2.41%
Revenue growth 5Y1.04%
Sales Q2Q%-0.07%
Revenue Next Year2.47%
Revenue Next 2Y2.07%
Revenue Next 3Y1.83%
Revenue Next 5Y2.91%
EBIT growth 1Y2.09%
EBIT growth 3Y0.93%
EBIT growth 5Y-3.15%
EBIT Next Year185.87%
EBIT Next 3Y43.73%
EBIT Next 5Y31.86%
FCF growth 1Y-51.75%
FCF growth 3Y3.24%
FCF growth 5YN/A
OCF growth 1Y-11.09%
OCF growth 3Y-2.94%
OCF growth 5Y-2.74%
DOUGLAS EMMETT INC / DEI FAQ
Can you provide the ChartMill fundamental rating for DOUGLAS EMMETT INC?
ChartMill assigns a fundamental rating of 4 / 10 to DEI.
What is the valuation status for DEI stock?
ChartMill assigns a valuation rating of 2 / 10 to DOUGLAS EMMETT INC (DEI). This can be considered as Overvalued.
How profitable is DOUGLAS EMMETT INC (DEI) stock?
DOUGLAS EMMETT INC (DEI) has a profitability rating of 3 / 10.
Can you provide the dividend sustainability for DEI stock?
The dividend rating of DOUGLAS EMMETT INC (DEI) is 5 / 10 and the dividend payout ratio is 612.82%.