FEDERAL REALTY INVS TRUST (FRT) Stock Fundamental Analysis
USA - NYSE:FRT - US3137451015 - REIT
97.03 USD
-0.6 (-0.61%)
97.03 USD
0 (0%)
Taking everything into account, FRT scores 5 out of 10 in our fundamental rating. FRT was compared to 128 industry peers in the Diversified REITs industry. FRT has an excellent profitability rating, but there are some minor concerns on its financial health. FRT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FRT was profitable.
In the past year FRT had a positive cash flow from operations.
Each year in the past 5 years FRT has been profitable.
Each year in the past 5 years FRT had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.90%, FRT belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.36%, FRT belongs to the top of the industry, outperforming 89.84% of the companies in the same industry.
FRT has a Return On Invested Capital of 4.15%. This is in the better half of the industry: FRT outperforms 77.34% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FRT is in line with the industry average of 3.04%.
The last Return On Invested Capital (4.15%) for FRT is above the 3 year average (3.87%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.9% | ||
| ROE | 10.36% | ||
| ROIC | 4.15% |
ROA(3y)3.54%
ROA(5y)3.11%
ROE(3y)9.81%
ROE(5y)8.84%
ROIC(3y)3.87%
ROIC(5y)3.53%
1.3 Margins
FRT's Profit Margin of 27.24% is amongst the best of the industry. FRT outperforms 82.03% of its industry peers.
In the last couple of years the Profit Margin of FRT has declined.
FRT has a Operating Margin of 34.99%. This is in the better half of the industry: FRT outperforms 72.66% of its industry peers.
FRT's Operating Margin has declined in the last couple of years.
FRT has a Gross Margin of 67.26%. This is comparable to the rest of the industry: FRT outperforms 52.34% of its industry peers.
In the last couple of years the Gross Margin of FRT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.99% | ||
| PM (TTM) | 27.24% | ||
| GM | 67.26% |
OM growth 3Y2.79%
OM growth 5Y-1.69%
PM growth 3Y-3.57%
PM growth 5Y-8.39%
GM growth 3Y0.35%
GM growth 5Y-0.19%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FRT is destroying value.
FRT has more shares outstanding than it did 1 year ago.
FRT has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FRT has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.09, we must say that FRT is in the distress zone and has some risk of bankruptcy.
FRT has a Altman-Z score of 1.09. This is amongst the best in the industry. FRT outperforms 80.47% of its industry peers.
The Debt to FCF ratio of FRT is 27.16, which is on the high side as it means it would take FRT, 27.16 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 27.16, FRT is in the better half of the industry, outperforming 73.44% of the companies in the same industry.
FRT has a Debt/Equity ratio of 1.39. This is a high value indicating a heavy dependency on external financing.
FRT has a Debt to Equity ratio of 1.39. This is comparable to the rest of the industry: FRT outperforms 46.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | 27.16 | ||
| Altman-Z | 1.09 |
ROIC/WACC0.62
WACC6.72%
2.3 Liquidity
A Current Ratio of 1.71 indicates that FRT should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.71, FRT is doing good in the industry, outperforming 76.56% of the companies in the same industry.
FRT has a Quick Ratio of 1.71. This is a normal value and indicates that FRT is financially healthy and should not expect problems in meeting its short term obligations.
FRT has a Quick ratio of 1.71. This is in the better half of the industry: FRT outperforms 76.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.71 |
3. Growth
3.1 Past
FRT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 40.21%, which is quite impressive.
FRT shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.41% yearly.
Looking at the last year, FRT shows a small growth in Revenue. The Revenue has grown by 6.21% in the last year.
Measured over the past years, FRT shows a small growth in Revenue. The Revenue has been growing by 5.14% on average per year.
EPS 1Y (TTM)40.21%
EPS 3Y-3.13%
EPS 5Y-9.41%
EPS Q2Q%-1.43%
Revenue 1Y (TTM)6.21%
Revenue growth 3Y8.13%
Revenue growth 5Y5.14%
Sales Q2Q%3.15%
3.2 Future
The Earnings Per Share is expected to grow by 7.15% on average over the next years.
The Revenue is expected to grow by 5.20% on average over the next years.
EPS Next Y34.83%
EPS Next 2Y8.64%
EPS Next 3Y7.86%
EPS Next 5Y7.15%
Revenue Next Year4.95%
Revenue Next 2Y5.07%
Revenue Next 3Y4.25%
Revenue Next 5Y5.2%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 24.63, FRT is valued on the expensive side.
FRT's Price/Earnings ratio is a bit cheaper when compared to the industry. FRT is cheaper than 76.56% of the companies in the same industry.
When comparing the Price/Earnings ratio of FRT to the average of the S&P500 Index (25.89), we can say FRT is valued inline with the index average.
FRT is valuated quite expensively with a Price/Forward Earnings ratio of 29.36.
Based on the Price/Forward Earnings ratio, FRT is valued a bit cheaper than the industry average as 76.56% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of FRT to the average of the S&P500 Index (34.59), we can say FRT is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.63 | ||
| Fwd PE | 29.36 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FRT is valued a bit more expensive than 60.94% of the companies in the same industry.
FRT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FRT is cheaper than 64.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.52 | ||
| EV/EBITDA | 16.28 |
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 FRT may justify a higher PE ratio.
PEG (NY)0.71
PEG (5Y)N/A
EPS Next 2Y8.64%
EPS Next 3Y7.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.71%, FRT is a good candidate for dividend investing.
FRT's Dividend Yield is comparable with the industry average which is at 6.31.
Compared to an average S&P500 Dividend Yield of 2.36, FRT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.71% |
5.2 History
The dividend of FRT has a limited annual growth rate of 1.04%.
FRT has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of FRT decreased recently.
Dividend Growth(5Y)1.04%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
112.93% of the earnings are spent on dividend by FRT. This is not a sustainable payout ratio.
The dividend of FRT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP112.93%
EPS Next 2Y8.64%
EPS Next 3Y7.86%
97.03
-0.6 (-0.61%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners97.31%
Inst Owner Change0.13%
Ins Owners1%
Ins Owner Change-6.33%
Market Cap8.37B
Revenue(TTM)1.20B
Net Income(TTM)336.68M
Analysts75.65
Price Target111.27 (14.68%)
Short Float %1.98%
Short Ratio2.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.71% |
Yearly Dividend4.41
Dividend Growth(5Y)1.04%
DP112.93%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)70.38%
Min EPS beat(2)2.2%
Max EPS beat(2)138.56%
EPS beat(4)3
Avg EPS beat(4)34.48%
Min EPS beat(4)-4.4%
Max EPS beat(4)138.56%
EPS beat(8)4
Avg EPS beat(8)17.96%
EPS beat(12)8
Avg EPS beat(12)39.91%
EPS beat(16)12
Avg EPS beat(16)47.4%
Revenue beat(2)0
Avg Revenue beat(2)-0.28%
Min Revenue beat(2)-0.45%
Max Revenue beat(2)-0.1%
Revenue beat(4)1
Avg Revenue beat(4)-0.37%
Min Revenue beat(4)-0.93%
Max Revenue beat(4)0%
Revenue beat(8)1
Avg Revenue beat(8)-0.43%
Revenue beat(12)4
Avg Revenue beat(12)-0.09%
Revenue beat(16)8
Avg Revenue beat(16)0.8%
PT rev (1m)0.76%
PT rev (3m)-0.26%
EPS NQ rev (1m)0.53%
EPS NQ rev (3m)-10.61%
EPS NY rev (1m)5.81%
EPS NY rev (3m)19.55%
Revenue NQ rev (1m)-0.88%
Revenue NQ rev (3m)-0.96%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.63 | ||
| Fwd PE | 29.36 | ||
| P/S | 6.77 | ||
| P/FCF | 50.52 | ||
| P/OCF | 14.11 | ||
| P/B | 2.58 | ||
| P/tB | 2.58 | ||
| EV/EBITDA | 16.28 |
EPS(TTM)3.94
EY4.06%
EPS(NY)3.3
Fwd EY3.41%
FCF(TTM)1.92
FCFY1.98%
OCF(TTM)6.88
OCFY7.09%
SpS14.32
BVpS37.66
TBVpS37.66
PEG (NY)0.71
PEG (5Y)N/A
Graham Number57.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.9% | ||
| ROE | 10.36% | ||
| ROCE | 5.26% | ||
| ROIC | 4.15% | ||
| ROICexc | 4.24% | ||
| ROICexgc | 4.24% | ||
| OM | 34.99% | ||
| PM (TTM) | 27.24% | ||
| GM | 67.26% | ||
| FCFM | 13.41% |
ROA(3y)3.54%
ROA(5y)3.11%
ROE(3y)9.81%
ROE(5y)8.84%
ROIC(3y)3.87%
ROIC(5y)3.53%
ROICexc(3y)3.94%
ROICexc(5y)3.66%
ROICexgc(3y)3.95%
ROICexgc(5y)3.67%
ROCE(3y)4.89%
ROCE(5y)4.47%
ROICexgc growth 3Y6.41%
ROICexgc growth 5Y-1.68%
ROICexc growth 3Y6.44%
ROICexc growth 5Y-1.7%
OM growth 3Y2.79%
OM growth 5Y-1.69%
PM growth 3Y-3.57%
PM growth 5Y-8.39%
GM growth 3Y0.35%
GM growth 5Y-0.19%
F-Score7
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | 27.16 | ||
| Debt/EBITDA | 5.75 | ||
| Cap/Depr | 122.09% | ||
| Cap/Sales | 34.61% | ||
| Interest Coverage | 2.61 | ||
| Cash Conversion | 75.81% | ||
| Profit Quality | 49.21% | ||
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.71 | ||
| Altman-Z | 1.09 |
F-Score7
WACC6.72%
ROIC/WACC0.62
Cap/Depr(3y)183.44%
Cap/Depr(5y)207.83%
Cap/Sales(3y)51.91%
Cap/Sales(5y)60.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)40.21%
EPS 3Y-3.13%
EPS 5Y-9.41%
EPS Q2Q%-1.43%
EPS Next Y34.83%
EPS Next 2Y8.64%
EPS Next 3Y7.86%
EPS Next 5Y7.15%
Revenue 1Y (TTM)6.21%
Revenue growth 3Y8.13%
Revenue growth 5Y5.14%
Sales Q2Q%3.15%
Revenue Next Year4.95%
Revenue Next 2Y5.07%
Revenue Next 3Y4.25%
Revenue Next 5Y5.2%
EBIT growth 1Y6.61%
EBIT growth 3Y11.14%
EBIT growth 5Y3.37%
EBIT Next Year89.46%
EBIT Next 3Y27.78%
EBIT Next 5Y18.35%
FCF growth 1Y172.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y8.17%
OCF growth 3Y6.82%
OCF growth 5Y4.46%
FEDERAL REALTY INVS TRUST / FRT FAQ
Can you provide the ChartMill fundamental rating for FEDERAL REALTY INVS TRUST?
ChartMill assigns a fundamental rating of 5 / 10 to FRT.
What is the valuation status for FRT stock?
ChartMill assigns a valuation rating of 4 / 10 to FEDERAL REALTY INVS TRUST (FRT). This can be considered as Fairly Valued.
How profitable is FEDERAL REALTY INVS TRUST (FRT) stock?
FEDERAL REALTY INVS TRUST (FRT) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for FRT stock?
The Price/Earnings (PE) ratio for FEDERAL REALTY INVS TRUST (FRT) is 24.63 and the Price/Book (PB) ratio is 2.58.
How financially healthy is FEDERAL REALTY INVS TRUST?
The financial health rating of FEDERAL REALTY INVS TRUST (FRT) is 4 / 10.