Duke Realty Corporation (DRE)

US2644115055 - REIT

48.2  +0.23 (+0.48%)

After market: 48.4 +0.2 (+0.41%)

Fundamental Rating

3

DRE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 127 industry peers in the Diversified REITs industry. DRE may be in some trouble as it scores bad on both profitability and health. DRE is quite expensive at the moment. It does show a decent growth rate.



2

1. Profitability

1.1 Basic Checks

In the past year DRE was profitable.
In the past 5 years DRE has always been profitable.
In the past 5 years DRE always reported a positive cash flow from operatings.

1.2 Ratios

Industry RankSector Rank
ROA 8.66%
ROE 15.06%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

Industry RankSector Rank
OM 33.14%
PM (TTM) 85.63%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A

1

2. Health

2.1 Basic Checks

DRE does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for DRE has been increased compared to 1 year ago.
The debt/assets ratio for DRE has been reduced compared to a year ago.

2.2 Solvency

A Debt/Equity ratio of 0.62 indicates that DRE is somewhat dependend on debt financing.
Industry RankSector Rank
Debt/Equity 0.62
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACC7.49%

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A

6

3. Growth

3.1 Past

DRE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 88.64%, which is quite impressive.
The Earnings Per Share has been growing by 25.59% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 1.75% in the past year.
DRE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.65% yearly.
EPS 1Y (TTM)88.64%
EPS 3Y28.11%
EPS 5Y25.59%
EPS growth Q2Q-42.55%
Revenue 1Y (TTM)1.75%
Revenue growth 3Y5.27%
Revenue growth 5Y8.65%
Revenue growth Q2Q5%

3.2 Future

DRE is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -17.25% yearly.
The Revenue is expected to grow by 10.69% on average over the next years. This is quite good.
EPS Next Y-41.87%
EPS Next 2Y-35.04%
EPS Next 3Y-22.42%
EPS Next 5Y-17.25%
Revenue Next Year8.89%
Revenue Next 2Y9.95%
Revenue Next 3Y10.57%
Revenue Next 5Y10.69%

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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

1

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 19.36 indicates a rather expensive valuation of DRE.
DRE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.42.
The Price/Forward Earnings ratio is 50.77, which means the current valuation is very expensive for DRE.
DRE's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.74.
Industry RankSector Rank
PE 19.36
Fwd PE 50.77

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA 33.3

4.3 Compensation for Growth

DRE's earnings are expected to decrease with -22.42% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.76
EPS Next 2Y-35.04%
EPS Next 3Y-22.42%

4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 2.32%, DRE has a reasonable but not impressive dividend return.
DRE's Dividend Yield is comparable with the S&P500 average which is at 2.34.
Industry RankSector Rank
Dividend Yield 2.32%

5.2 History

On average, the dividend of DRE grows each year by 8.64%, which is quite nice.
DRE has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)8.64%
Div Incr YearsN/A
Div Non Decr YearsN/A

5.3 Sustainability

DRE pays out 44.07% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP44.07%
EPS Next 2Y-35.04%
EPS Next 3Y-22.42%

Duke Realty Corporation

NYSE:DRE (9/30/2022, 7:15:53 PM)

After market: 48.4 +0.2 (+0.41%)

48.2

+0.23 (+0.48%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap18.56B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 2.32%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 19.36
Fwd PE 50.77
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.76
Profitability
Industry RankSector Rank
ROA 8.66%
ROE 15.06%
ROCE
ROIC
ROICexc
ROICexgc
OM 33.14%
PM (TTM) 85.63%
GM N/A
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.1
Health
Industry RankSector Rank
Debt/Equity 0.62
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio N/A
Quick Ratio N/A
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)88.64%
EPS 3Y28.11%
EPS 5Y
EPS growth Q2Q
EPS Next Y-41.87%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.75%
Revenue growth 3Y5.27%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y