EPR PROPERTIES (EPR) Stock Fundamental Analysis
NYSE:EPR - US26884U1097 - REIT
54.95 USD
+0.85 (+1.57%)
54.9 USD
-0.05 (-0.09%)
We assign a fundamental rating of 5 out of 10 to EPR. EPR was compared to 30 industry peers in the Specialized REITs industry. EPR scores excellent on profitability, but there are concerns on its financial health. EPR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year EPR was profitable.
EPR had a positive operating cash flow in the past year.
EPR had positive earnings in 4 of the past 5 years.
EPR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
EPR's Return On Assets of 2.80% is fine compared to the rest of the industry. EPR outperforms 63.33% of its industry peers.
Looking at the Return On Equity, with a value of 6.67%, EPR is in line with its industry, outperforming 60.00% of the companies in the same industry.
EPR has a better Return On Invested Capital (5.71%) than 63.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EPR is in line with the industry average of 5.07%.
The 3 year average ROIC (5.38%) for EPR is below the current ROIC(5.71%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.8% | ||
| ROE | 6.67% | ||
| ROIC | 5.71% |
ROA(3y)2.47%
ROA(5y)1.28%
ROE(3y)5.77%
ROE(5y)2.85%
ROIC(3y)5.38%
ROIC(5y)4.15%
1.3 Margins
EPR has a Profit Margin of 21.88%. This is in the better half of the industry: EPR outperforms 63.33% of its industry peers.
In the last couple of years the Profit Margin of EPR has declined.
The Operating Margin of EPR (53.04%) is better than 83.33% of its industry peers.
EPR's Operating Margin has improved in the last couple of years.
EPR has a Gross Margin of 95.35%. This is amongst the best in the industry. EPR outperforms 90.00% of its industry peers.
EPR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.04% | ||
| PM (TTM) | 21.88% | ||
| GM | 95.35% |
OM growth 3Y8.75%
OM growth 5Y3%
PM growth 3Y7.63%
PM growth 5Y-8.57%
GM growth 3Y0.59%
GM growth 5Y0.18%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EPR is destroying value.
EPR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, EPR has less shares outstanding
The debt/assets ratio for EPR is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.75, we must say that EPR is in the distress zone and has some risk of bankruptcy.
EPR has a Altman-Z score (0.75) which is in line with its industry peers.
EPR has a debt to FCF ratio of 9.89. This is a negative value and a sign of low solvency as EPR would need 9.89 years to pay back of all of its debts.
EPR has a better Debt to FCF ratio (9.89) than 80.00% of its industry peers.
A Debt/Equity ratio of 1.20 is on the high side and indicates that EPR has dependencies on debt financing.
EPR has a Debt to Equity ratio (1.20) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | 9.89 | ||
| Altman-Z | 0.75 |
ROIC/WACC0.77
WACC7.45%
2.3 Liquidity
EPR has a Current Ratio of 0.43. This is a bad value and indicates that EPR is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.43, EPR is doing worse than 70.00% of the companies in the same industry.
EPR has a Quick Ratio of 0.43. This is a bad value and indicates that EPR is not financially healthy enough and could expect problems in meeting its short term obligations.
EPR's Quick ratio of 0.43 is on the low side compared to the rest of the industry. EPR is outperformed by 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
EPR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.80%.
EPR shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.07% yearly.
EPR shows a small growth in Revenue. In the last year, the Revenue has grown by 1.30%.
EPR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.39% yearly.
EPS 1Y (TTM)-16.8%
EPS 3Y17.35%
EPS 5Y-10.07%
EPS Q2Q%78.43%
Revenue 1Y (TTM)1.3%
Revenue growth 3Y9.5%
Revenue growth 5Y1.39%
Sales Q2Q%2.87%
3.2 Future
EPR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.84% yearly.
EPR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.00% yearly.
EPS Next Y89.9%
EPS Next 2Y35.44%
EPS Next 3Y24.84%
EPS Next 5YN/A
Revenue Next Year9.43%
Revenue Next 2Y5.94%
Revenue Next 3Y3.29%
Revenue Next 5Y4%
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 accelerating.
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
With a Price/Earnings ratio of 27.07, EPR can be considered very expensive at the moment.
Based on the Price/Earnings ratio, EPR is valued a bit cheaper than the industry average as 70.00% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.14. EPR is around the same levels.
Based on the Price/Forward Earnings ratio of 18.72, the valuation of EPR can be described as rather expensive.
EPR's Price/Forward Earnings ratio is rather cheap when compared to the industry. EPR is cheaper than 90.00% of the companies in the same industry.
EPR is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.80, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.07 | ||
| Fwd PE | 18.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EPR is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, EPR is valued cheaply inside the industry as 93.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.81 | ||
| EV/EBITDA | 12.8 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of EPR may justify a higher PE ratio.
EPR's earnings are expected to grow with 24.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y35.44%
EPS Next 3Y24.84%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.59%, EPR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.02, EPR pays a better dividend. On top of this EPR pays more dividend than 90.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, EPR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.59% |
5.2 History
The dividend of EPR decreases each year by -5.07%.
EPR has been paying a dividend for at least 10 years, so it has a reliable track record.
EPR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-5.07%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
EPR pays out 183.51% of its income as dividend. This is not a sustainable payout ratio.
DP183.51%
EPS Next 2Y35.44%
EPS Next 3Y24.84%
54.95
+0.85 (+1.57%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners79.99%
Inst Owner Change3.38%
Ins Owners2.16%
Ins Owner Change-0.47%
Market Cap4.18B
Analysts72.94
Price Target57.78 (5.15%)
Short Float %5.49%
Short Ratio4.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.59% |
Yearly Dividend3.71
Dividend Growth(5Y)-5.07%
DP183.51%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)27.16%
Min EPS beat(2)24.27%
Max EPS beat(2)30.04%
EPS beat(4)2
Avg EPS beat(4)-24.95%
Min EPS beat(4)-129.26%
Max EPS beat(4)30.04%
EPS beat(8)3
Avg EPS beat(8)-15.94%
EPS beat(12)6
Avg EPS beat(12)-10.34%
EPS beat(16)9
Avg EPS beat(16)-2.42%
Revenue beat(2)2
Avg Revenue beat(2)2.87%
Min Revenue beat(2)1.07%
Max Revenue beat(2)4.67%
Revenue beat(4)4
Avg Revenue beat(4)3.71%
Min Revenue beat(4)1.07%
Max Revenue beat(4)5.99%
Revenue beat(8)7
Avg Revenue beat(8)4.08%
Revenue beat(12)11
Avg Revenue beat(12)7.83%
Revenue beat(16)15
Avg Revenue beat(16)8.89%
PT rev (1m)-0.61%
PT rev (3m)8.94%
EPS NQ rev (1m)-0.03%
EPS NQ rev (3m)6.33%
EPS NY rev (1m)2.03%
EPS NY rev (3m)5.09%
Revenue NQ rev (1m)-0.36%
Revenue NQ rev (3m)-0.1%
Revenue NY rev (1m)0.49%
Revenue NY rev (3m)5.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.07 | ||
| Fwd PE | 18.72 | ||
| P/S | 5.88 | ||
| P/FCF | 14.81 | ||
| P/OCF | 10.41 | ||
| P/B | 1.79 | ||
| P/tB | 1.82 | ||
| EV/EBITDA | 12.8 |
EPS(TTM)2.03
EY3.69%
EPS(NY)2.94
Fwd EY5.34%
FCF(TTM)3.71
FCFY6.75%
OCF(TTM)5.28
OCFY9.6%
SpS9.34
BVpS30.62
TBVpS30.19
PEG (NY)0.3
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.8% | ||
| ROE | 6.67% | ||
| ROCE | 7.23% | ||
| ROIC | 5.71% | ||
| ROICexc | 5.73% | ||
| ROICexgc | 5.76% | ||
| OM | 53.04% | ||
| PM (TTM) | 21.88% | ||
| GM | 95.35% | ||
| FCFM | 39.73% |
ROA(3y)2.47%
ROA(5y)1.28%
ROE(3y)5.77%
ROE(5y)2.85%
ROIC(3y)5.38%
ROIC(5y)4.15%
ROICexc(3y)5.45%
ROICexc(5y)4.28%
ROICexgc(3y)5.51%
ROICexgc(5y)4.33%
ROCE(3y)6.81%
ROCE(5y)5.25%
ROICexcg growth 3Y19.26%
ROICexcg growth 5Y6.31%
ROICexc growth 3Y18.72%
ROICexc growth 5Y6.03%
OM growth 3Y8.75%
OM growth 5Y3%
PM growth 3Y7.63%
PM growth 5Y-8.57%
GM growth 3Y0.59%
GM growth 5Y0.18%
F-Score5
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | 9.89 | ||
| Debt/EBITDA | 5.13 | ||
| Cap/Depr | 71.39% | ||
| Cap/Sales | 16.77% | ||
| Interest Coverage | 2.8 | ||
| Cash Conversion | 73.83% | ||
| Profit Quality | 181.56% | ||
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 0.75 |
F-Score5
WACC7.45%
ROIC/WACC0.77
Cap/Depr(3y)110.86%
Cap/Depr(5y)86.3%
Cap/Sales(3y)26.92%
Cap/Sales(5y)23.2%
Profit Quality(3y)175.09%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-16.8%
EPS 3Y17.35%
EPS 5Y-10.07%
EPS Q2Q%78.43%
EPS Next Y89.9%
EPS Next 2Y35.44%
EPS Next 3Y24.84%
EPS Next 5YN/A
Revenue 1Y (TTM)1.3%
Revenue growth 3Y9.5%
Revenue growth 5Y1.39%
Sales Q2Q%2.87%
Revenue Next Year9.43%
Revenue Next 2Y5.94%
Revenue Next 3Y3.29%
Revenue Next 5Y4%
EBIT growth 1Y2.22%
EBIT growth 3Y19.08%
EBIT growth 5Y4.44%
EBIT Next Year58.03%
EBIT Next 3Y18.91%
EBIT Next 5YN/A
FCF growth 1Y-2.06%
FCF growth 3Y3.51%
FCF growth 5YN/A
OCF growth 1Y-9.86%
OCF growth 3Y8.6%
OCF growth 5Y-2.2%