ELME COMMUNITIES (ELME) Stock Fundamental Analysis
NYSE:ELME - US9396531017 - REIT
17.11 USD
+0.14 (+0.82%)
17.11 USD
0 (0%)
Overall ELME gets a fundamental rating of 3 out of 10. We evaluated ELME against 20 industry peers in the Residential REITs industry. ELME may be in some trouble as it scores bad on both profitability and health. ELME does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
ELME had negative earnings in the past year.
In the past year ELME had a positive cash flow from operations.
In the past 5 years ELME reported 4 times negative net income.
ELME had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.80%, ELME is doing worse than 70.00% of the companies in the same industry.
ELME has a worse Return On Equity (-1.39%) than 60.00% of its industry peers.
With a Return On Invested Capital value of 1.08%, ELME is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for ELME is in line with the industry average of 2.61%.
The 3 year average ROIC (0.82%) for ELME is below the current ROIC(1.08%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.8% | ||
| ROE | -1.39% | ||
| ROIC | 1.08% |
ROA(3y)-1.73%
ROA(5y)-1%
ROE(3y)-2.77%
ROE(5y)-1.66%
ROIC(3y)0.82%
ROIC(5y)0.6%
1.3 Margins
ELME has a worse Operating Margin (9.69%) than 80.00% of its industry peers.
In the last couple of years the Operating Margin of ELME has grown nicely.
With a decent Gross Margin value of 59.89%, ELME is doing good in the industry, outperforming 65.00% of the companies in the same industry.
ELME's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.69% | ||
| PM (TTM) | N/A | ||
| GM | 59.89% |
OM growth 3Y98.45%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.4%
GM growth 5Y-0.35%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ELME is destroying value.
ELME has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for ELME has been increased compared to 5 years ago.
ELME has a worse debt/assets ratio than last year.
2.2 Solvency
ELME has an Altman-Z score of 0.79. This is a bad value and indicates that ELME is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.79, ELME perfoms like the industry average, outperforming 45.00% of the companies in the same industry.
ELME has a debt to FCF ratio of 13.77. This is a negative value and a sign of low solvency as ELME would need 13.77 years to pay back of all of its debts.
ELME has a Debt to FCF ratio of 13.77. This is in the better half of the industry: ELME outperforms 80.00% of its industry peers.
A Debt/Equity ratio of 0.67 indicates that ELME is somewhat dependend on debt financing.
The Debt to Equity ratio of ELME (0.67) is better than 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 13.77 | ||
| Altman-Z | 0.79 |
ROIC/WACC0.15
WACC7.27%
2.3 Liquidity
ELME has a Current Ratio of 0.28. This is a bad value and indicates that ELME is not financially healthy enough and could expect problems in meeting its short term obligations.
ELME has a Current ratio (0.28) which is in line with its industry peers.
A Quick Ratio of 0.28 indicates that ELME may have some problems paying its short term obligations.
ELME has a Quick ratio (0.28) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 |
3. Growth
3.1 Past
ELME shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -15.38%.
Looking at the last year, ELME shows a small growth in Revenue. The Revenue has grown by 4.59% in the last year.
ELME shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.49% yearly.
EPS 1Y (TTM)-15.38%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-33.33%
Revenue 1Y (TTM)4.59%
Revenue growth 3Y12.66%
Revenue growth 5Y6.49%
Sales Q2Q%3.32%
3.2 Future
Based on estimates for the next years, ELME will show a very strong growth in Earnings Per Share. The EPS will grow by 20.84% on average per year.
The Revenue is expected to grow by 1.16% on average over the next years.
EPS Next Y-9.85%
EPS Next 2Y20.45%
EPS Next 3Y20.84%
EPS Next 5YN/A
Revenue Next Year-2.09%
Revenue Next 2Y1.97%
Revenue Next 3Y1.16%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for ELME. In the last year negative earnings were reported.
Also next year ELME is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ELME.
Based on the Price/Free Cash Flow ratio, ELME is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.76 | ||
| EV/EBITDA | 18.6 |
4.3 Compensation for Growth
ELME's earnings are expected to grow with 20.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y20.45%
EPS Next 3Y20.84%
5. Dividend
5.1 Amount
ELME has a Yearly Dividend Yield of 4.29%, which is a nice return.
Compared to an average industry Dividend Yield of 4.79, ELME has a dividend in line with its industry peers.
ELME's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.29% |
5.2 History
The dividend of ELME decreases each year by -9.47%.
ELME has been paying a dividend for at least 10 years, so it has a reliable track record.
ELME has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-9.47%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
The earnings of ELME are negative and hence is the payout ratio. ELME will probably not be able to sustain this dividend level.
DP-437.89%
EPS Next 2Y20.45%
EPS Next 3Y20.84%
17.11
+0.14 (+0.82%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners93.08%
Inst Owner ChangeN/A
Ins Owners1.33%
Ins Owner Change1.56%
Market Cap1.51B
Analysts74.55
Price Target18.36 (7.31%)
Short Float %2.13%
Short Ratio1.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.29% |
Yearly Dividend0.72
Dividend Growth(5Y)-9.47%
DP-437.89%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-10.29%
Min EPS beat(2)-22.55%
Max EPS beat(2)1.96%
EPS beat(4)3
Avg EPS beat(4)-4.17%
Min EPS beat(4)-22.55%
Max EPS beat(4)1.96%
EPS beat(8)4
Avg EPS beat(8)-67.44%
EPS beat(12)5
Avg EPS beat(12)-126.66%
EPS beat(16)6
Avg EPS beat(16)-108.6%
Revenue beat(2)0
Avg Revenue beat(2)-1.22%
Min Revenue beat(2)-1.51%
Max Revenue beat(2)-0.93%
Revenue beat(4)0
Avg Revenue beat(4)-0.98%
Min Revenue beat(4)-1.51%
Max Revenue beat(4)-0.71%
Revenue beat(8)0
Avg Revenue beat(8)-1.46%
Revenue beat(12)1
Avg Revenue beat(12)-1.56%
Revenue beat(16)1
Avg Revenue beat(16)-2.08%
PT rev (1m)-2.7%
PT rev (3m)-5.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-7.69%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-5.09%
Revenue NY rev (3m)-4.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 6.13 | ||
| P/FCF | 29.76 | ||
| P/OCF | 16.54 | ||
| P/B | 1.44 | ||
| P/tB | 1.44 | ||
| EV/EBITDA | 18.6 |
EPS(TTM)-0.15
EYN/A
EPS(NY)-0.07
Fwd EYN/A
FCF(TTM)0.57
FCFY3.36%
OCF(TTM)1.03
OCFY6.05%
SpS2.79
BVpS11.87
TBVpS11.87
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.8% | ||
| ROE | -1.39% | ||
| ROCE | 1.36% | ||
| ROIC | 1.08% | ||
| ROICexc | 1.08% | ||
| ROICexgc | 1.08% | ||
| OM | 9.69% | ||
| PM (TTM) | N/A | ||
| GM | 59.89% | ||
| FCFM | 20.61% |
ROA(3y)-1.73%
ROA(5y)-1%
ROE(3y)-2.77%
ROE(5y)-1.66%
ROIC(3y)0.82%
ROIC(5y)0.6%
ROICexc(3y)0.82%
ROICexc(5y)0.6%
ROICexgc(3y)0.82%
ROICexgc(5y)0.6%
ROCE(3y)1.04%
ROCE(5y)0.76%
ROICexcg growth 3Y114.94%
ROICexcg growth 5YN/A
ROICexc growth 3Y114.94%
ROICexc growth 5YN/A
OM growth 3Y98.45%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.4%
GM growth 5Y-0.35%
F-Score4
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 13.77 | ||
| Debt/EBITDA | 5.93 | ||
| Cap/Depr | 43.14% | ||
| Cap/Sales | 16.47% | ||
| Interest Coverage | 0.74 | ||
| Cash Conversion | 77.46% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 | ||
| Altman-Z | 0.79 |
F-Score4
WACC7.27%
ROIC/WACC0.15
Cap/Depr(3y)159.56%
Cap/Depr(5y)144.41%
Cap/Sales(3y)66.58%
Cap/Sales(5y)68.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.38%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-33.33%
EPS Next Y-9.85%
EPS Next 2Y20.45%
EPS Next 3Y20.84%
EPS Next 5YN/A
Revenue 1Y (TTM)4.59%
Revenue growth 3Y12.66%
Revenue growth 5Y6.49%
Sales Q2Q%3.32%
Revenue Next Year-2.09%
Revenue Next 2Y1.97%
Revenue Next 3Y1.16%
Revenue Next 5YN/A
EBIT growth 1Y2.41%
EBIT growth 3Y123.58%
EBIT growth 5YN/A
EBIT Next Year246.83%
EBIT Next 3Y41.48%
EBIT Next 5YN/A
FCF growth 1Y3.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y6.66%
OCF growth 3Y2.21%
OCF growth 5Y-6.16%