EASTGROUP PROPERTIES INC (EGP) Stock Fundamental Analysis
USA - NYSE:EGP - US2772761019 - REIT
175.93 USD
+1.4 (+0.8%)
175.93 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.
EGP had a positive operating cash flow in the past year.
Each year in the past 5 years EGP has been profitable.
In the past 5 years EGP always reported a positive cash flow from operatings.
1.2 Ratios
EGP's Return On Assets of 4.64% is amongst the best of the industry. EGP outperforms 92.91% of its industry peers.
EGP has a Return On Equity of 7.08%. This is amongst the best in the industry. EGP outperforms 80.31% of its industry peers.
EGP has a better Return On Invested Capital (4.43%) than 86.61% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EGP 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
With an excellent Profit Margin value of 35.58%, EGP belongs to the best of the industry, outperforming 88.98% of the companies in the same industry.
EGP's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 39.91%, EGP belongs to the top of the industry, outperforming 85.83% of the companies in the same industry.
In the last couple of years the Operating Margin of EGP has grown nicely.
EGP's Gross Margin of 73.30% is fine compared to the rest of the industry. EGP outperforms 66.93% of its industry peers.
In the last couple of years the Gross Margin of EGP has remained more or less at the same level.
| 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.
EGP has more shares outstanding than it did 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.
The Altman-Z score of EGP (3.15) is better than 96.85% of its industry peers.
A Debt/Equity ratio of 0.39 indicates that EGP is not too dependend on debt financing.
EGP's Debt to Equity ratio of 0.39 is amongst the best of the industry. EGP outperforms 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
WACC7.75%
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.
EGP has a Quick 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.
EGP has a worse Quick ratio (0.32) than 86.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.32 |
3. Growth
3.1 Past
The earnings per share for EGP have decreased by -1.65% in the last year.
The Earnings Per Share has been growing slightly by 7.49% on average over the past years.
Looking at the last year, EGP shows a quite strong growth in Revenue. The Revenue has grown by 11.61% in the last year.
EGP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.08% yearly.
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
The Earnings Per Share is expected to grow by 7.27% on average over the next years.
Based on estimates for the next years, EGP will show a quite strong growth in Revenue. The Revenue will grow by 11.63% on average per year.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 36.96, the valuation of EGP can be described as expensive.
EGP's Price/Earnings ratio is in line with the industry average.
EGP is valuated rather expensively when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 33.86, the valuation of EGP can be described as expensive.
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.
EGP is valuated expensively when we compare the Price/Forward Earnings ratio to 22.53, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.96 | ||
| Fwd PE | 33.86 |
4.2 Price Multiples
88.98% of the companies in the same industry are cheaper than EGP, based on the Enterprise Value to EBITDA ratio.
| 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.
The excellent profitability rating of EGP may justify a higher PE ratio.
PEG (NY)12.51
PEG (5Y)4.93
EPS Next 2Y5.71%
EPS Next 3Y5.94%
5. Dividend
5.1 Amount
EGP has a Yearly Dividend Yield of 3.53%. Purely for dividend investing, there may be better candidates out there.
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 2.38, 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 paid a dividend for at least 10 years, which is a reliable track record.
EGP has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.97%
Div Incr Years13
Div Non Decr Years33
5.3 Sustainability
116.28% of the earnings are spent on dividend by EGP. This is not a sustainable payout ratio.
The dividend of EGP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP116.28%
EPS Next 2Y5.71%
EPS Next 3Y5.94%
175.93
+1.4 (+0.8%)
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 Cap9.38B
Revenue(TTM)697.91M
Net Income(TTM)248.31M
Analysts78.33
Price Target195.95 (11.38%)
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 | 36.96 | ||
| Fwd PE | 33.86 | ||
| P/S | 13.44 | ||
| P/FCF | N/A | ||
| P/OCF | 19.97 | ||
| P/B | 2.67 | ||
| P/tB | 2.8 | ||
| EV/EBITDA | 22.02 |
EPS(TTM)4.76
EY2.71%
EPS(NY)5.2
Fwd EY2.95%
FCF(TTM)-5.19
FCFYN/A
OCF(TTM)8.81
OCFY5.01%
SpS13.09
BVpS65.79
TBVpS62.91
PEG (NY)12.51
PEG (5Y)4.93
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
WACC7.75%
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 36.96 and the Price/Book (PB) ratio is 2.67.
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.