EASTGROUP PROPERTIES INC (EGP) Stock Fundamental Analysis
USA - NYSE:EGP - US2772761019 - REIT
174.53 USD
-1.12 (-0.64%)
174.53 USD
0 (0%)
Taking everything into account, EGP scores 5 out of 10 in our fundamental rating. EGP was compared to 127 industry peers in the Diversified REITs industry. EGP has an excellent profitability rating, but there are concerns on its financial health. While showing a medium growth rate, EGP is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year EGP was profitable.
In the past year EGP had a positive cash flow from operations.
In the past 5 years EGP has always been profitable.
EGP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 4.64%, EGP belongs to the best of the industry, outperforming 92.91% of the companies in the same industry.
With an excellent Return On Equity value of 7.08%, EGP belongs to the best of the industry, outperforming 80.31% of the companies in the same industry.
EGP's Return On Invested Capital of 4.43% is amongst the best of the industry. EGP outperforms 86.61% of its industry peers.
EGP had an Average Return On Invested Capital over the past 3 years of 4.12%. This is in line with the industry average of 3.06%.
The 3 year average ROIC (4.12%) for EGP is below the current ROIC(4.43%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.64% | ||
| ROE | 7.08% | ||
| ROIC | 4.43% |
ROA(3y)4.51%
ROA(5y)4.48%
ROE(3y)8.05%
ROE(5y)8.54%
ROIC(3y)4.12%
ROIC(5y)4.02%
1.3 Margins
Looking at the Profit Margin, with a value of 35.58%, EGP belongs to the top of the industry, outperforming 88.98% of the companies in the same industry.
In the last couple of years the Profit Margin of EGP has remained more or less at the same level.
EGP has a Operating Margin of 39.91%. This is amongst the best in the industry. EGP outperforms 85.83% of its industry peers.
EGP's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 73.30%, EGP is in the better half of the industry, outperforming 66.93% of the companies in the same industry.
EGP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.91% | ||
| PM (TTM) | 35.58% | ||
| GM | 73.3% |
OM growth 3Y2.65%
OM growth 5Y2.53%
PM growth 3Y-2.58%
PM growth 5Y-0.63%
GM growth 3Y0.41%
GM growth 5Y0.26%
2. Health
2.1 Basic Checks
EGP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for EGP has been increased compared to 1 year ago.
Compared to 5 years ago, EGP has more shares outstanding
The debt/assets ratio for EGP has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.15 indicates that EGP is not in any danger for bankruptcy at the moment.
EGP has a better Altman-Z score (3.15) than 96.85% of its industry peers.
EGP has a Debt/Equity ratio of 0.39. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of EGP (0.39) is better than 94.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.15 |
ROIC/WACC0.57
WACC7.74%
2.3 Liquidity
EGP has a Current Ratio of 0.32. This is a bad value and indicates that EGP is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of EGP (0.32) is worse than 87.40% of its industry peers.
A Quick Ratio of 0.32 indicates that EGP may have some problems paying its short term obligations.
EGP's Quick ratio of 0.32 is on the low side compared to the rest of the industry. EGP is outperformed by 86.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.32 |
3. Growth
3.1 Past
EGP shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.65%.
The Earnings Per Share has been growing slightly by 7.49% on average over the past years.
EGP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.61%.
The Revenue has been growing by 14.08% on average over the past years. This is quite good.
EPS 1Y (TTM)-1.65%
EPS 3Y6.13%
EPS 5Y7.49%
EPS Q2Q%11.5%
Revenue 1Y (TTM)11.61%
Revenue growth 3Y16.07%
Revenue growth 5Y14.08%
Sales Q2Q%11.82%
3.2 Future
Based on estimates for the next years, EGP will show a small growth in Earnings Per Share. The EPS will grow by 7.27% on average per year.
The Revenue is expected to grow by 11.63% on average over the next years. This is quite good.
EPS Next Y2.95%
EPS Next 2Y5.71%
EPS Next 3Y5.94%
EPS Next 5Y7.27%
Revenue Next Year12.01%
Revenue Next 2Y10.57%
Revenue Next 3Y10.25%
Revenue Next 5Y11.63%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
EGP is valuated quite expensively with a Price/Earnings ratio of 36.67.
EGP's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.11, EGP is valued a bit more expensive.
EGP is valuated quite expensively with a Price/Forward Earnings ratio of 33.59.
Based on the Price/Forward Earnings ratio, EGP is valued a bit cheaper than the industry average as 70.08% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.55, EGP is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.67 | ||
| Fwd PE | 33.59 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EGP is valued more expensive than 88.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 22.02 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
EGP has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)12.41
PEG (5Y)4.89
EPS Next 2Y5.71%
EPS Next 3Y5.94%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.53%, EGP has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 6.40, EGP is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.37, EGP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
5.2 History
The dividend of EGP is nicely growing with an annual growth rate of 11.97%!
EGP has been paying a dividend for at least 10 years, so it has a reliable track record.
EGP has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)11.97%
Div Incr Years13
Div Non Decr Years33
5.3 Sustainability
EGP pays out 116.28% of its income as dividend. This is not a sustainable payout ratio.
EGP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP116.28%
EPS Next 2Y5.71%
EPS Next 3Y5.94%
174.53
-1.12 (-0.64%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners101.31%
Inst Owner Change-1.84%
Ins Owners0.88%
Ins Owner Change0.42%
Market Cap9.31B
Revenue(TTM)697.91M
Net Income(TTM)248.31M
Analysts78.33
Price Target195.95 (12.27%)
Short Float %2.68%
Short Ratio3.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
Yearly Dividend5.08
Dividend Growth(5Y)11.97%
DP116.28%
Div Incr Years13
Div Non Decr Years33
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.4%
Min EPS beat(2)1.98%
Max EPS beat(2)2.82%
EPS beat(4)4
Avg EPS beat(4)1.71%
Min EPS beat(4)0.2%
Max EPS beat(4)2.82%
EPS beat(8)7
Avg EPS beat(8)6.11%
EPS beat(12)11
Avg EPS beat(12)6.48%
EPS beat(16)14
Avg EPS beat(16)15.04%
Revenue beat(2)1
Avg Revenue beat(2)-0.29%
Min Revenue beat(2)-0.6%
Max Revenue beat(2)0.01%
Revenue beat(4)2
Avg Revenue beat(4)-0.34%
Min Revenue beat(4)-2.34%
Max Revenue beat(4)1.57%
Revenue beat(8)4
Avg Revenue beat(8)-0.14%
Revenue beat(12)8
Avg Revenue beat(12)0.26%
Revenue beat(16)11
Avg Revenue beat(16)0.41%
PT rev (1m)2.06%
PT rev (3m)2.84%
EPS NQ rev (1m)0.26%
EPS NQ rev (3m)2.02%
EPS NY rev (1m)0%
EPS NY rev (3m)0.57%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)0.13%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.67 | ||
| Fwd PE | 33.59 | ||
| P/S | 13.34 | ||
| P/FCF | N/A | ||
| P/OCF | 19.81 | ||
| P/B | 2.65 | ||
| P/tB | 2.77 | ||
| EV/EBITDA | 22.02 |
EPS(TTM)4.76
EY2.73%
EPS(NY)5.2
Fwd EY2.98%
FCF(TTM)-5.19
FCFYN/A
OCF(TTM)8.81
OCFY5.05%
SpS13.09
BVpS65.79
TBVpS62.91
PEG (NY)12.41
PEG (5Y)4.89
Graham Number83.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.64% | ||
| ROE | 7.08% | ||
| ROCE | 5.61% | ||
| ROIC | 4.43% | ||
| ROICexc | 4.44% | ||
| ROICexgc | 4.59% | ||
| OM | 39.91% | ||
| PM (TTM) | 35.58% | ||
| GM | 73.3% | ||
| FCFM | N/A |
ROA(3y)4.51%
ROA(5y)4.48%
ROE(3y)8.05%
ROE(5y)8.54%
ROIC(3y)4.12%
ROIC(5y)4.02%
ROICexc(3y)4.13%
ROICexc(5y)4.03%
ROICexgc(3y)4.3%
ROICexgc(5y)4.18%
ROCE(3y)5.21%
ROCE(5y)5.09%
ROICexgc growth 3Y4.65%
ROICexgc growth 5Y3.51%
ROICexc growth 3Y4.42%
ROICexc growth 5Y3.37%
OM growth 3Y2.65%
OM growth 5Y2.53%
PM growth 3Y-2.58%
PM growth 5Y-0.63%
GM growth 3Y0.41%
GM growth 5Y0.26%
F-Score5
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.79 | ||
| Cap/Depr | 356.79% | ||
| Cap/Sales | 107.01% | ||
| Interest Coverage | 8.67 | ||
| Cash Conversion | 96.32% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.32 | ||
| Altman-Z | 3.15 |
F-Score5
WACC7.74%
ROIC/WACC0.57
Cap/Depr(3y)356.47%
Cap/Depr(5y)350.31%
Cap/Sales(3y)108.21%
Cap/Sales(5y)107.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1.65%
EPS 3Y6.13%
EPS 5Y7.49%
EPS Q2Q%11.5%
EPS Next Y2.95%
EPS Next 2Y5.71%
EPS Next 3Y5.94%
EPS Next 5Y7.27%
Revenue 1Y (TTM)11.61%
Revenue growth 3Y16.07%
Revenue growth 5Y14.08%
Sales Q2Q%11.82%
Revenue Next Year12.01%
Revenue Next 2Y10.57%
Revenue Next 3Y10.25%
Revenue Next 5Y11.63%
EBIT growth 1Y11.88%
EBIT growth 3Y19.14%
EBIT growth 5Y16.96%
EBIT Next Year74.3%
EBIT Next 3Y28.26%
EBIT Next 5Y24.59%
FCF growth 1Y-50.35%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y38.18%
OCF growth 3Y17.55%
OCF growth 5Y16.29%
EASTGROUP PROPERTIES INC / EGP FAQ
What is the fundamental rating for EGP stock?
ChartMill assigns a fundamental rating of 5 / 10 to EGP.
What is the valuation status for EGP stock?
ChartMill assigns a valuation rating of 2 / 10 to EASTGROUP PROPERTIES INC (EGP). This can be considered as Overvalued.
What is the profitability of EGP stock?
EASTGROUP PROPERTIES INC (EGP) has a profitability rating of 8 / 10.
What is the valuation of EASTGROUP PROPERTIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for EASTGROUP PROPERTIES INC (EGP) is 36.67 and the Price/Book (PB) ratio is 2.65.
Can you provide the expected EPS growth for EGP stock?
The Earnings per Share (EPS) of EASTGROUP PROPERTIES INC (EGP) is expected to grow by 2.95% in the next year.