FEDERAL REALTY INVS TRUST (FRT) Stock Fundamental Analysis
USA - NYSE:FRT - US3137451015 - REIT
96 USD
-1.03 (-1.06%)
96 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to FRT. FRT was compared to 128 industry peers in the Diversified REITs industry. FRT scores excellent on profitability, but there are concerns on its financial health. While showing a medium growth rate, FRT is valued expensive at the moment.
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
The Return On Assets of FRT (3.81%) is better than 85.94% of its industry peers.
With an excellent Return On Equity value of 10.50%, FRT belongs to the best of the industry, outperforming 89.84% of the companies in the same industry.
With a decent Return On Invested Capital value of 4.10%, FRT is doing good in the industry, outperforming 76.56% of the companies in the same industry.
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 (4.10%) for FRT is above the 3 year average (3.87%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.81% | ||
| ROE | 10.5% | ||
| ROIC | 4.1% |
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
With an excellent Profit Margin value of 26.90%, FRT belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
In the last couple of years the Profit Margin of FRT has declined.
FRT has a Operating Margin of 34.86%. 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.
The Gross Margin of FRT (67.29%) is comparable to the rest of the industry.
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 | 34.86% | ||
| PM (TTM) | 26.9% | ||
| GM | 67.29% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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
FRT has an Altman-Z score of 1.03. This is a bad value and indicates that FRT is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 1.03, FRT is doing good in the industry, outperforming 76.56% of the companies in the same industry.
FRT has a Debt/Equity ratio of 1.47. This is a high value indicating a heavy dependency on external financing.
FRT has a Debt to Equity ratio of 1.47. This is comparable to the rest of the industry: FRT outperforms 42.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.03 |
ROIC/WACC0.61
WACC6.71%
2.3 Liquidity
A Current Ratio of 1.57 indicates that FRT should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.57, FRT is doing good in the industry, outperforming 69.53% of the companies in the same industry.
A Quick Ratio of 1.57 indicates that FRT should not have too much problems paying its short term obligations.
The Quick ratio of FRT (1.57) is better than 70.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 40.21% over the past year.
The Earnings Per Share has been decreasing by -9.41% on average over the past years.
FRT shows a small growth in Revenue. In the last year, the Revenue has grown by 6.05%.
The Revenue has been growing slightly by 5.14% on average over the past years.
EPS 1Y (TTM)40.21%
EPS 3Y-3.13%
EPS 5Y-9.41%
EPS Q2Q%-1.43%
Revenue 1Y (TTM)6.05%
Revenue growth 3Y8.13%
Revenue growth 5Y5.14%
Sales Q2Q%3.15%
3.2 Future
FRT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.15% yearly.
FRT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.20% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 24.37 indicates a rather expensive valuation of FRT.
76.56% of the companies in the same industry are more expensive than FRT, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 25.56, FRT is valued at the same level.
The Price/Forward Earnings ratio is 29.05, which means the current valuation is very expensive for FRT.
FRT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FRT is cheaper than 76.56% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.62, FRT is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.37 | ||
| Fwd PE | 29.05 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FRT indicates a slightly more expensive valuation: FRT is more expensive than 60.94% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.35 |
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)0.7
PEG (5Y)N/A
EPS Next 2Y8.64%
EPS Next 3Y7.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.12%, FRT is a good candidate for dividend investing.
FRT's Dividend Yield is comparable with the industry average which is at 6.49.
Compared to an average S&P500 Dividend Yield of 2.44, FRT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.12% |
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
FRT pays out 113.83% of its income as dividend. This is not a sustainable payout ratio.
The dividend of FRT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP113.83%
EPS Next 2Y8.64%
EPS Next 3Y7.86%
96
-1.03 (-1.06%)
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 Change1.45%
Ins Owners1%
Ins Owner Change-7.63%
Market Cap8.28B
Revenue(TTM)1.25B
Net Income(TTM)337.38M
Analysts75.65
Price Target111.27 (15.91%)
Short Float %1.98%
Short Ratio2.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.12% |
Yearly Dividend4.41
Dividend Growth(5Y)1.04%
DP113.83%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)62.7%
Min EPS beat(2)-13.16%
Max EPS beat(2)138.56%
EPS beat(4)3
Avg EPS beat(4)32.29%
Min EPS beat(4)-13.16%
Max EPS beat(4)138.56%
EPS beat(8)4
Avg EPS beat(8)16.47%
EPS beat(12)7
Avg EPS beat(12)22.23%
EPS beat(16)11
Avg EPS beat(16)43.27%
Revenue beat(2)0
Avg Revenue beat(2)-1.01%
Min Revenue beat(2)-1.57%
Max Revenue beat(2)-0.45%
Revenue beat(4)0
Avg Revenue beat(4)-0.76%
Min Revenue beat(4)-1.57%
Max Revenue beat(4)-0.1%
Revenue beat(8)1
Avg Revenue beat(8)-0.63%
Revenue beat(12)3
Avg Revenue beat(12)-0.54%
Revenue beat(16)7
Avg Revenue beat(16)0.29%
PT rev (1m)0.76%
PT rev (3m)-0.26%
EPS NQ rev (1m)-3.91%
EPS NQ rev (3m)-1.88%
EPS NY rev (1m)5.81%
EPS NY rev (3m)19.55%
Revenue NQ rev (1m)0.36%
Revenue NQ rev (3m)0.28%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.37 | ||
| Fwd PE | 29.05 | ||
| P/S | 6.6 | ||
| P/FCF | N/A | ||
| P/OCF | 13.87 | ||
| P/B | 2.58 | ||
| P/tB | 2.58 | ||
| EV/EBITDA | 16.35 |
EPS(TTM)3.94
EY4.1%
EPS(NY)3.3
Fwd EY3.44%
FCF(TTM)-0.75
FCFYN/A
OCF(TTM)6.92
OCFY7.21%
SpS14.54
BVpS37.26
TBVpS37.26
PEG (NY)0.7
PEG (5Y)N/A
Graham Number57.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.81% | ||
| ROE | 10.5% | ||
| ROCE | 5.18% | ||
| ROIC | 4.1% | ||
| ROICexc | 4.15% | ||
| ROICexgc | 4.15% | ||
| OM | 34.86% | ||
| PM (TTM) | 26.9% | ||
| GM | 67.29% | ||
| FCFM | N/A |
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-Score6
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.96 | ||
| Cap/Depr | 185.12% | ||
| Cap/Sales | 52.77% | ||
| Interest Coverage | 2.62 | ||
| Cash Conversion | 75.13% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.57 | ||
| Altman-Z | 1.03 |
F-Score6
WACC6.71%
ROIC/WACC0.61
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)6.05%
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 1Y6.3%
EBIT growth 3Y11.14%
EBIT growth 5Y3.37%
EBIT Next Year89.46%
EBIT Next 3Y27.78%
EBIT Next 5Y18.35%
FCF growth 1Y-156.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y8.43%
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 3 / 10 to FEDERAL REALTY INVS TRUST (FRT). This can be considered as Overvalued.
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 24.37 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 3 / 10.