GETTY REALTY CORP (GTY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GTY - US3742971092 - REIT
28.72 USD
+0.45 (+1.59%)
28.93 USD
+0.21 (+0.73%)
We assign a fundamental rating of 5 out of 10 to GTY. GTY was compared to 126 industry peers in the Diversified REITs industry. While GTY has a great profitability rating, there are quite some concerns on its financial health. GTY is valied quite expensively at the moment, while it does show a decent growth rate. GTY also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
GTY had positive earnings in the past year.
GTY had a positive operating cash flow in the past year.
GTY had positive earnings in each of the past 5 years.
GTY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of GTY (3.47%) is better than 76.98% of its industry peers.
GTY has a Return On Equity of 7.06%. This is in the better half of the industry: GTY outperforms 76.98% of its industry peers.
GTY's Return On Invested Capital of 4.57% is amongst the best of the industry. GTY outperforms 89.68% of its industry peers.
GTY had an Average Return On Invested Capital over the past 3 years of 4.76%. This is in line with the industry average of 3.06%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 7.06% | ||
| ROIC | 4.57% |
ROA(3y)4.09%
ROA(5y)4.3%
ROE(3y)8.25%
ROE(5y)8.66%
ROIC(3y)4.76%
ROIC(5y)4.65%
1.3 Margins
GTY has a Profit Margin of 33.35%. This is amongst the best in the industry. GTY outperforms 87.30% of its industry peers.
GTY's Profit Margin has been stable in the last couple of years.
The Operating Margin of GTY (53.18%) is better than 95.24% of its industry peers.
In the last couple of years the Operating Margin of GTY has remained more or less at the same level.
With an excellent Gross Margin value of 94.11%, GTY belongs to the best of the industry, outperforming 96.03% of the companies in the same industry.
In the last couple of years the Gross Margin of GTY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.18% | ||
| PM (TTM) | 33.35% | ||
| GM | 94.11% |
OM growth 3Y3.55%
OM growth 5Y1.34%
PM growth 3Y-5.21%
PM growth 5Y-0.56%
GM growth 3Y3.43%
GM growth 5Y3.36%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GTY is destroying value.
GTY has more shares outstanding than it did 1 year ago.
The number of shares outstanding for GTY has been increased compared to 5 years ago.
Compared to 1 year ago, GTY has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.13, we must say that GTY is in the distress zone and has some risk of bankruptcy.
GTY's Altman-Z score of 1.13 is amongst the best of the industry. GTY outperforms 83.33% of its industry peers.
A Debt/Equity ratio of 0.93 indicates that GTY is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.93, GTY is doing good in the industry, outperforming 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.13 |
ROIC/WACC0.65
WACC7.09%
2.3 Liquidity
GTY has a Current Ratio of 0.95. This is a bad value and indicates that GTY is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.95, GTY perfoms like the industry average, outperforming 48.41% of the companies in the same industry.
GTY has a Quick Ratio of 0.95. This is a bad value and indicates that GTY is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.86, GTY is in line with its industry, outperforming 48.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.40% over the past year.
GTY shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.15% yearly.
GTY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.17%.
GTY shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.65% yearly.
EPS 1Y (TTM)9.4%
EPS 3Y-2.51%
EPS 5Y1.15%
EPS Q2Q%48.15%
Revenue 1Y (TTM)8.17%
Revenue growth 3Y9.39%
Revenue growth 5Y7.65%
Sales Q2Q%8.01%
3.2 Future
GTY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.49% yearly.
The Revenue is expected to grow by 8.22% on average over the next years. This is quite good.
EPS Next Y2.2%
EPS Next 2Y6.69%
EPS Next 3Y6.49%
EPS Next 5YN/A
Revenue Next Year9.1%
Revenue Next 2Y9.01%
Revenue Next 3Y8.22%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.44, GTY is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of GTY indicates a somewhat cheap valuation: GTY is cheaper than 79.37% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.25, GTY is valued at the same level.
A Price/Forward Earnings ratio of 20.03 indicates a rather expensive valuation of GTY.
94.44% of the companies in the same industry are more expensive than GTY, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.98, GTY is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.44 | ||
| Fwd PE | 20.03 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as GTY.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.82 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GTY does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of GTY may justify a higher PE ratio.
PEG (NY)10.19
PEG (5Y)19.52
EPS Next 2Y6.69%
EPS Next 3Y6.49%
5. Dividend
5.1 Amount
GTY has a Yearly Dividend Yield of 6.86%, which is a nice return.
Compared to an average industry Dividend Yield of 6.86, GTY pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.92, GTY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.86% |
5.2 History
The dividend of GTY has a limited annual growth rate of 5.87%.
GTY has been paying a dividend for at least 10 years, so it has a reliable track record.
GTY has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.87%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
GTY pays out 148.61% of its income as dividend. This is not a sustainable payout ratio.
GTY's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP148.61%
EPS Next 2Y6.69%
EPS Next 3Y6.49%
28.72
+0.45 (+1.59%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners86.7%
Inst Owner Change0.49%
Ins Owners7.29%
Ins Owner Change0.02%
Market Cap1.66B
Revenue(TTM)214.19M
Net Income(TTM)71.42M
Analysts75.38
Price Target32.26 (12.33%)
Short Float %5.92%
Short Ratio8.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.86% |
Yearly Dividend1.84
Dividend Growth(5Y)5.87%
DP148.61%
Div Incr Years12
Div Non Decr Years12
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.58%
Min EPS beat(2)-19.9%
Max EPS beat(2)25.06%
EPS beat(4)2
Avg EPS beat(4)2.08%
Min EPS beat(4)-19.9%
Max EPS beat(4)25.06%
EPS beat(8)3
Avg EPS beat(8)-0.39%
EPS beat(12)4
Avg EPS beat(12)6.47%
EPS beat(16)7
Avg EPS beat(16)18.88%
Revenue beat(2)2
Avg Revenue beat(2)2.48%
Min Revenue beat(2)1.19%
Max Revenue beat(2)3.76%
Revenue beat(4)3
Avg Revenue beat(4)1.56%
Min Revenue beat(4)-1.85%
Max Revenue beat(4)3.76%
Revenue beat(8)6
Avg Revenue beat(8)1.7%
Revenue beat(12)9
Avg Revenue beat(12)2.26%
Revenue beat(16)11
Avg Revenue beat(16)1.42%
PT rev (1m)0%
PT rev (3m)-1.68%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.04%
EPS NY rev (1m)-0.39%
EPS NY rev (3m)10.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.41%
Revenue NY rev (1m)0.24%
Revenue NY rev (3m)1.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.44 | ||
| Fwd PE | 20.03 | ||
| P/S | 7.74 | ||
| P/FCF | N/A | ||
| P/OCF | 12.74 | ||
| P/B | 1.64 | ||
| P/tB | 1.64 | ||
| EV/EBITDA | 14.82 |
EPS(TTM)1.28
EY4.46%
EPS(NY)1.43
Fwd EY4.99%
FCF(TTM)-1.66
FCFYN/A
OCF(TTM)2.25
OCFY7.85%
SpS3.71
BVpS17.53
TBVpS17.53
PEG (NY)10.19
PEG (5Y)19.52
Graham Number22.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 7.06% | ||
| ROCE | 5.79% | ||
| ROIC | 4.57% | ||
| ROICexc | 4.59% | ||
| ROICexgc | 4.59% | ||
| OM | 53.18% | ||
| PM (TTM) | 33.35% | ||
| GM | 94.11% | ||
| FCFM | N/A |
ROA(3y)4.09%
ROA(5y)4.3%
ROE(3y)8.25%
ROE(5y)8.66%
ROIC(3y)4.76%
ROIC(5y)4.65%
ROICexc(3y)4.78%
ROICexc(5y)4.72%
ROICexgc(3y)4.78%
ROICexgc(5y)4.72%
ROCE(3y)6.02%
ROCE(5y)5.88%
ROICexgc growth 3Y1.55%
ROICexgc growth 5Y-2.13%
ROICexc growth 3Y1.55%
ROICexc growth 5Y-2.13%
OM growth 3Y3.55%
OM growth 5Y1.34%
PM growth 3Y-5.21%
PM growth 5Y-0.56%
GM growth 3Y3.43%
GM growth 5Y3.36%
F-Score6
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.37 | ||
| Cap/Depr | 370.86% | ||
| Cap/Sales | 105.61% | ||
| Interest Coverage | 2.75 | ||
| Cash Conversion | 74.4% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 1.13 |
F-Score6
WACC7.09%
ROIC/WACC0.65
Cap/Depr(3y)474.81%
Cap/Depr(5y)494.33%
Cap/Sales(3y)120.12%
Cap/Sales(5y)117.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.4%
EPS 3Y-2.51%
EPS 5Y1.15%
EPS Q2Q%48.15%
EPS Next Y2.2%
EPS Next 2Y6.69%
EPS Next 3Y6.49%
EPS Next 5YN/A
Revenue 1Y (TTM)8.17%
Revenue growth 3Y9.39%
Revenue growth 5Y7.65%
Sales Q2Q%8.01%
Revenue Next Year9.1%
Revenue Next 2Y9.01%
Revenue Next 3Y8.22%
Revenue Next 5YN/A
EBIT growth 1Y10.44%
EBIT growth 3Y13.27%
EBIT growth 5Y9.09%
EBIT Next Year65.63%
EBIT Next 3Y26.46%
EBIT Next 5YN/A
FCF growth 1Y42.7%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y30.53%
OCF growth 3Y14.55%
OCF growth 5Y11.2%
GETTY REALTY CORP / GTY FAQ
What is the ChartMill fundamental rating of GETTY REALTY CORP (GTY) stock?
ChartMill assigns a fundamental rating of 5 / 10 to GTY.
What is the valuation status for GTY stock?
ChartMill assigns a valuation rating of 3 / 10 to GETTY REALTY CORP (GTY). This can be considered as Overvalued.
How profitable is GETTY REALTY CORP (GTY) stock?
GETTY REALTY CORP (GTY) has a profitability rating of 8 / 10.
What are the PE and PB ratios of GETTY REALTY CORP (GTY) stock?
The Price/Earnings (PE) ratio for GETTY REALTY CORP (GTY) is 22.44 and the Price/Book (PB) ratio is 1.64.
How financially healthy is GETTY REALTY CORP?
The financial health rating of GETTY REALTY CORP (GTY) is 2 / 10.