FRANKLIN BSP REALTY TRUST IN (FBRT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FBRT - US35243J1016 - REIT
10.39 USD
-0.03 (-0.29%)
10.39 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to FBRT. FBRT was compared to 69 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. There are concerns on the financial health of FBRT while its profitability can be described as average. FBRT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year FBRT was profitable.
In the past year FBRT has reported a negative cash flow from operations.
In multiple years FBRT reported negative net income over the last 5 years.
FBRT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FBRT's Return On Assets of 1.06% is amongst the best of the industry. FBRT outperforms 82.61% of its industry peers.
With a Return On Equity value of 4.23%, FBRT perfoms like the industry average, outperforming 49.28% of the companies in the same industry.
The Return On Invested Capital of FBRT (1.26%) is better than 84.06% of its industry peers.
FBRT had an Average Return On Invested Capital over the past 3 years of 1.98%. This is in line with the industry average of 1.23%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.06% | ||
| ROE | 4.23% | ||
| ROIC | 1.26% |
ROA(3y)0.89%
ROA(5y)0.77%
ROE(3y)3.24%
ROE(5y)2.64%
ROIC(3y)1.98%
ROIC(5y)1.77%
1.3 Margins
Looking at the Profit Margin, with a value of 11.96%, FBRT is in the better half of the industry, outperforming 65.22% of the companies in the same industry.
FBRT's Profit Margin has declined in the last couple of years.
The Operating Margin of FBRT (17.44%) is better than 66.67% of its industry peers.
In the last couple of years the Operating Margin of FBRT has declined.
Looking at the Gross Margin, with a value of 37.30%, FBRT is in the better half of the industry, outperforming 76.81% of the companies in the same industry.
FBRT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.44% | ||
| PM (TTM) | 11.96% | ||
| GM | 37.3% |
OM growth 3Y-18.47%
OM growth 5Y-9.13%
PM growth 3YN/A
PM growth 5Y-15.85%
GM growth 3Y-14.34%
GM growth 5Y-8.05%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FBRT is destroying value.
The number of shares outstanding for FBRT has been increased compared to 1 year ago.
Compared to 5 years ago, FBRT has more shares outstanding
The debt/assets ratio for FBRT is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.05, we must say that FBRT is in the distress zone and has some risk of bankruptcy.
FBRT has a Altman-Z score (-0.05) which is in line with its industry peers.
A Debt/Equity ratio of 2.77 is on the high side and indicates that FBRT has dependencies on debt financing.
With a decent Debt to Equity ratio value of 2.77, FBRT is doing good in the industry, outperforming 73.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.77 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.05 |
ROIC/WACC0.18
WACC7.13%
2.3 Liquidity
A Current Ratio of 0.18 indicates that FBRT may have some problems paying its short term obligations.
FBRT has a Current ratio (0.18) which is in line with its industry peers.
FBRT has a Quick Ratio of 0.18. This is a bad value and indicates that FBRT is not financially healthy enough and could expect problems in meeting its short term obligations.
FBRT has a Quick ratio (0.18) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.18 | ||
| Quick Ratio | 0.18 |
3. Growth
3.1 Past
FBRT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -33.66%.
FBRT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -12.52% yearly.
The Revenue has decreased by -1.76% in the past year.
The Revenue has been growing by 18.90% on average over the past years. This is quite good.
EPS 1Y (TTM)-33.66%
EPS 3YN/A
EPS 5Y-12.52%
EPS Q2Q%320%
Revenue 1Y (TTM)-1.76%
Revenue growth 3Y38.51%
Revenue growth 5Y18.9%
Sales Q2Q%-25.72%
3.2 Future
The Earnings Per Share is expected to grow by 23.92% on average over the next years. This is a very strong growth
Based on estimates for the next years, FBRT will show a small growth in Revenue. The Revenue will grow by 5.39% on average per year.
EPS Next Y-18.33%
EPS Next 2Y23.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.66%
Revenue Next 2Y5.39%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FBRT is valuated correctly with a Price/Earnings ratio of 15.51.
FBRT's Price/Earnings is on the same level as the industry average.
FBRT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.11.
Based on the Price/Forward Earnings ratio of 7.35, the valuation of FBRT can be described as very cheap.
Based on the Price/Forward Earnings ratio, FBRT is valued a bit cheaper than the industry average as 75.36% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.21, FBRT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.51 | ||
| Fwd PE | 7.35 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FBRT is valued cheaper than 89.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 38.07 |
4.3 Compensation for Growth
A more expensive valuation may be justified as FBRT's earnings are expected to grow with 23.92% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y23.92%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 13.71%, FBRT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 13.00, FBRT pays a bit more dividend than its industry peers.
FBRT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.71% |
5.2 History
The dividend of FBRT has a limited annual growth rate of 3.71%.
FBRT has been paying a dividend for over 5 years, so it has already some track record.
FBRT has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.71%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
FBRT pays out 219.97% of its income as dividend. This is not a sustainable payout ratio.
The dividend of FBRT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP219.97%
EPS Next 2Y23.92%
EPS Next 3YN/A
10.39
-0.03 (-0.29%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners64.37%
Inst Owner Change-2.55%
Ins Owners1.72%
Ins Owner Change-0.1%
Market Cap847.93M
Revenue(TTM)552.64M
Net Income(TTM)66.09M
Analysts84
Price Target14.66 (41.1%)
Short Float %2.9%
Short Ratio3.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.71% |
Yearly Dividend1.75
Dividend Growth(5Y)3.71%
DP219.97%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-16.12%
Min EPS beat(2)-22.28%
Max EPS beat(2)-9.96%
EPS beat(4)1
Avg EPS beat(4)-43.66%
Min EPS beat(4)-144.4%
Max EPS beat(4)2.01%
EPS beat(8)2
Avg EPS beat(8)-41.04%
EPS beat(12)6
Avg EPS beat(12)-23.54%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-20.02%
Min Revenue beat(2)-32.13%
Max Revenue beat(2)-7.91%
Revenue beat(4)1
Avg Revenue beat(4)-9.01%
Min Revenue beat(4)-32.13%
Max Revenue beat(4)7.79%
Revenue beat(8)1
Avg Revenue beat(8)-8.54%
Revenue beat(12)5
Avg Revenue beat(12)7.55%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-2.21%
PT rev (3m)-2.21%
EPS NQ rev (1m)-3.23%
EPS NQ rev (3m)-1.32%
EPS NY rev (1m)-3.91%
EPS NY rev (3m)-14.34%
Revenue NQ rev (1m)0.63%
Revenue NQ rev (3m)6.49%
Revenue NY rev (1m)-0.66%
Revenue NY rev (3m)-3.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.51 | ||
| Fwd PE | 7.35 | ||
| P/S | 1.53 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.54 | ||
| P/tB | 0.67 | ||
| EV/EBITDA | 38.07 |
EPS(TTM)0.67
EY6.45%
EPS(NY)1.41
Fwd EY13.6%
FCF(TTM)-0.92
FCFYN/A
OCF(TTM)-0.92
OCFYN/A
SpS6.77
BVpS19.14
TBVpS15.47
PEG (NY)N/A
PEG (5Y)N/A
Graham Number16.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.06% | ||
| ROE | 4.23% | ||
| ROCE | 1.96% | ||
| ROIC | 1.26% | ||
| ROICexc | 1.28% | ||
| ROICexgc | 1.41% | ||
| OM | 17.44% | ||
| PM (TTM) | 11.96% | ||
| GM | 37.3% | ||
| FCFM | N/A |
ROA(3y)0.89%
ROA(5y)0.77%
ROE(3y)3.24%
ROE(5y)2.64%
ROIC(3y)1.98%
ROIC(5y)1.77%
ROICexc(3y)2.06%
ROICexc(5y)1.84%
ROICexgc(3y)2.11%
ROICexgc(5y)1.89%
ROCE(3y)2.83%
ROCE(5y)2.78%
ROICexgc growth 3Y33.91%
ROICexgc growth 5Y-4.14%
ROICexc growth 3Y32.43%
ROICexc growth 5Y-2.59%
OM growth 3Y-18.47%
OM growth 5Y-9.13%
PM growth 3YN/A
PM growth 5Y-15.85%
GM growth 3Y-14.34%
GM growth 5Y-8.05%
F-Score4
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.77 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 41.68 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.35 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.18 | ||
| Quick Ratio | 0.18 | ||
| Altman-Z | -0.05 |
F-Score4
WACC7.13%
ROIC/WACC0.18
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-33.66%
EPS 3YN/A
EPS 5Y-12.52%
EPS Q2Q%320%
EPS Next Y-18.33%
EPS Next 2Y23.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1.76%
Revenue growth 3Y38.51%
Revenue growth 5Y18.9%
Sales Q2Q%-25.72%
Revenue Next Year3.66%
Revenue Next 2Y5.39%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-32.77%
EBIT growth 3Y12.93%
EBIT growth 5Y8.05%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-146%
FCF growth 3Y-26.9%
FCF growth 5Y5.93%
OCF growth 1Y-146%
OCF growth 3Y-26.9%
OCF growth 5Y4.74%
FRANKLIN BSP REALTY TRUST IN / FBRT FAQ
Can you provide the ChartMill fundamental rating for FRANKLIN BSP REALTY TRUST IN?
ChartMill assigns a fundamental rating of 4 / 10 to FBRT.
Can you provide the valuation status for FRANKLIN BSP REALTY TRUST IN?
ChartMill assigns a valuation rating of 5 / 10 to FRANKLIN BSP REALTY TRUST IN (FBRT). This can be considered as Fairly Valued.
Can you provide the profitability details for FRANKLIN BSP REALTY TRUST IN?
FRANKLIN BSP REALTY TRUST IN (FBRT) has a profitability rating of 5 / 10.
How financially healthy is FRANKLIN BSP REALTY TRUST IN?
The financial health rating of FRANKLIN BSP REALTY TRUST IN (FBRT) is 1 / 10.
What is the earnings growth outlook for FRANKLIN BSP REALTY TRUST IN?
The Earnings per Share (EPS) of FRANKLIN BSP REALTY TRUST IN (FBRT) is expected to decline by -18.33% in the next year.