EPR PROPERTIES (EPR) Stock Fundamental Analysis
NYSE:EPR - New York Stock Exchange, Inc. - US26884U1097 - REIT - Currency: USD
EPR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 30 industry peers in the Specialized REITs industry. While EPR is still in line with the averages on profitability rating, 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.
In the past year EPR had a positive cash flow from operations.
EPR had positive earnings in 4 of the past 5 years.
Each year in the past 5 years EPR had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.26%, EPR perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
EPR has a Return On Equity of 5.39%. This is comparable to the rest of the industry: EPR outperforms 56.67% of its industry peers.
The Return On Invested Capital of EPR (5.66%) is better than 63.33% of its industry peers.
EPR had an Average Return On Invested Capital over the past 3 years of 5.38%. This is in line with the industry average of 5.28%.
The last Return On Invested Capital (5.66%) for EPR is above the 3 year average (5.38%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.26% | ||
| ROE | 5.39% | ||
| ROIC | 5.66% |
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's Profit Margin of 17.71% is in line compared to the rest of the industry. EPR outperforms 60.00% of its industry peers.
In the last couple of years the Profit Margin of EPR has declined.
EPR has a better Operating Margin (52.66%) than 83.33% of its industry peers.
In the last couple of years the Operating Margin of EPR has grown nicely.
Looking at the Gross Margin, with a value of 95.33%, EPR belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
EPR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.66% | ||
| PM (TTM) | 17.71% | ||
| GM | 95.33% |
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
EPR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, EPR has more shares outstanding
The number of shares outstanding for EPR has been reduced compared to 5 years ago.
The debt/assets ratio for EPR is higher compared to a year ago.
2.2 Solvency
EPR has an Altman-Z score of 0.76. This is a bad value and indicates that EPR is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of EPR (0.76) is worse than 60.00% of its industry peers.
The Debt to FCF ratio of EPR is 9.88, which is on the high side as it means it would take EPR, 9.88 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.88, EPR is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
EPR has a Debt/Equity ratio of 1.20. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.20, EPR is in line with its industry, outperforming 53.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | 9.88 | ||
| Altman-Z | 0.76 |
ROIC/WACC0.75
WACC7.51%
2.3 Liquidity
A Current Ratio of 0.43 indicates that EPR may have some problems paying its short term obligations.
EPR has a worse Current ratio (0.43) than 66.67% of its industry peers.
A Quick Ratio of 0.43 indicates that EPR may have some problems paying its short term obligations.
The Quick ratio of EPR (0.43) is worse than 66.67% 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 -37.79%.
EPR shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.07% yearly.
Looking at the last year, EPR shows a small growth in Revenue. The Revenue has grown by 0.62% in the last year.
EPR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.39% yearly.
EPS 1Y (TTM)-37.79%
EPS 3Y17.35%
EPS 5Y-10.07%
EPS Q2Q%4%
Revenue 1Y (TTM)0.62%
Revenue growth 3Y9.5%
Revenue growth 5Y1.39%
Sales Q2Q%4.66%
3.2 Future
The Earnings Per Share is expected to grow by 27.71% on average over the next years. This is a very strong growth
EPR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.99% yearly.
EPS Next Y80.7%
EPS Next 2Y36.46%
EPS Next 3Y27.71%
EPS Next 5YN/A
Revenue Next Year3.61%
Revenue Next 2Y2.92%
Revenue Next 3Y1.7%
Revenue Next 5Y3.99%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 34.36, EPR can be considered very expensive at the moment.
EPR's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.25. EPR is valued slightly more expensive when compared to this.
EPR is valuated rather expensively with a Price/Forward Earnings ratio of 18.80.
Based on the Price/Forward Earnings ratio, EPR is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
EPR is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.15, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.36 | ||
| Fwd PE | 18.8 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EPR is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, EPR is valued cheaper than 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.08 | ||
| EV/EBITDA | 13.02 |
4.3 Compensation for Growth
EPR's 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 27.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.43
PEG (5Y)N/A
EPS Next 2Y36.46%
EPS Next 3Y27.71%
5. Dividend
5.1 Amount
EPR has a Yearly Dividend Yield of 6.41%, which is a nice return.
EPR's Dividend Yield is rather good when compared to the industry average which is at 5.59. EPR pays more dividend than 86.67% of the companies in the same industry.
EPR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.41% |
5.2 History
The dividend of EPR decreases each year by -5.07%.
EPR has paid a dividend for at least 10 years, which is 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 225.96% of its income as dividend. This is not a sustainable payout ratio.
DP225.96%
EPS Next 2Y36.46%
EPS Next 3Y27.71%
56.01
+0.32 (+0.57%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners72.35%
Inst Owner Change-3.93%
Ins Owners1.71%
Ins Owner Change8.22%
Market Cap4.26B
Analysts70.59
Price Target53.04 (-5.3%)
Short Float %4.18%
Short Ratio3.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.41% |
Yearly Dividend3.71
Dividend Growth(5Y)-5.07%
DP225.96%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-52.49%
Min EPS beat(2)-129.26%
Max EPS beat(2)24.27%
EPS beat(4)1
Avg EPS beat(4)-37.99%
Min EPS beat(4)-129.26%
Max EPS beat(4)24.27%
EPS beat(8)3
Avg EPS beat(8)-19.05%
EPS beat(12)5
Avg EPS beat(12)-14.07%
EPS beat(16)9
Avg EPS beat(16)357.28%
Revenue beat(2)2
Avg Revenue beat(2)6.54%
Min Revenue beat(2)5.99%
Max Revenue beat(2)7.1%
Revenue beat(4)4
Avg Revenue beat(4)5.26%
Min Revenue beat(4)3.12%
Max Revenue beat(4)7.1%
Revenue beat(8)7
Avg Revenue beat(8)5.84%
Revenue beat(12)11
Avg Revenue beat(12)8.75%
Revenue beat(16)15
Avg Revenue beat(16)9.84%
PT rev (1m)0%
PT rev (3m)7.22%
EPS NQ rev (1m)2.04%
EPS NQ rev (3m)7.52%
EPS NY rev (1m)2.05%
EPS NY rev (3m)6.81%
Revenue NQ rev (1m)-1.18%
Revenue NQ rev (3m)-4.31%
Revenue NY rev (1m)-0.87%
Revenue NY rev (3m)-4.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.36 | ||
| Fwd PE | 18.8 | ||
| P/S | 6.04 | ||
| P/FCF | 15.08 | ||
| P/OCF | 10.84 | ||
| P/B | 1.84 | ||
| P/tB | 1.86 | ||
| EV/EBITDA | 13.02 |
EPS(TTM)1.63
EY2.91%
EPS(NY)2.98
Fwd EY5.32%
FCF(TTM)3.71
FCFY6.63%
OCF(TTM)5.17
OCFY9.22%
SpS9.28
BVpS30.51
TBVpS30.07
PEG (NY)0.43
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.26% | ||
| ROE | 5.39% | ||
| ROCE | 7.16% | ||
| ROIC | 5.66% | ||
| ROICexc | 5.68% | ||
| ROICexgc | 5.72% | ||
| OM | 52.66% | ||
| PM (TTM) | 17.71% | ||
| GM | 95.33% | ||
| FCFM | 40.03% |
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 | 9.88 | ||
| Debt/EBITDA | 5.19 | ||
| Cap/Depr | 66.37% | ||
| Cap/Sales | 15.64% | ||
| Interest Coverage | 2.86 | ||
| Cash Conversion | 73.04% | ||
| Profit Quality | 226.02% | ||
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 0.76 |
F-Score5
WACC7.51%
ROIC/WACC0.75
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)-37.79%
EPS 3Y17.35%
EPS 5Y-10.07%
EPS Q2Q%4%
EPS Next Y80.7%
EPS Next 2Y36.46%
EPS Next 3Y27.71%
EPS Next 5YN/A
Revenue 1Y (TTM)0.62%
Revenue growth 3Y9.5%
Revenue growth 5Y1.39%
Sales Q2Q%4.66%
Revenue Next Year3.61%
Revenue Next 2Y2.92%
Revenue Next 3Y1.7%
Revenue Next 5Y3.99%
EBIT growth 1Y0.6%
EBIT growth 3Y19.08%
EBIT growth 5Y4.44%
EBIT Next Year56.01%
EBIT Next 3Y19.18%
EBIT Next 5YN/A
FCF growth 1Y89.04%
FCF growth 3Y3.51%
FCF growth 5YN/A
OCF growth 1Y-9.7%
OCF growth 3Y8.6%
OCF growth 5Y-2.2%