GETTY REALTY CORP (GTY)

US3742971092 - REIT

31  +0.07 (+0.23%)

After market: 31 0 (0%)

Fundamental Rating

5

Taking everything into account, GTY scores 5 out of 10 in our fundamental rating. GTY was compared to 129 industry peers in the Diversified REITs industry. GTY has an excellent profitability rating, but there are concerns on its financial health. GTY is quite expensive at the moment. It does show a decent growth rate.



8

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.
Each year in the past 5 years GTY has been profitable.
Each year in the past 5 years GTY had a positive operating cash flow.

1.2 Ratios

GTY has a Return On Assets of 3.36%. This is amongst the best in the industry. GTY outperforms 81.89% of its industry peers.
GTY's Return On Equity of 6.68% is amongst the best of the industry. GTY outperforms 80.31% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.37%, GTY belongs to the top of the industry, outperforming 85.83% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for GTY is in line with the industry average of 3.05%.
Industry RankSector Rank
ROA 3.36%
ROE 6.68%
ROIC 4.37%
ROA(3y)4.33%
ROA(5y)4.41%
ROE(3y)8.62%
ROE(5y)8.89%
ROIC(3y)4.67%
ROIC(5y)4.73%

1.3 Margins

The Profit Margin of GTY (32.25%) is better than 85.04% of its industry peers.
GTY's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 50.86%, GTY belongs to the best of the industry, outperforming 92.91% of the companies in the same industry.
In the last couple of years the Operating Margin of GTY has remained more or less at the same level.
The Gross Margin of GTY (88.65%) is better than 92.91% of its industry peers.
GTY's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 50.86%
PM (TTM) 32.25%
GM 88.65%
OM growth 3Y-1.15%
OM growth 5Y-0.7%
PM growth 3Y-12.26%
PM growth 5Y-2.02%
GM growth 3Y1.25%
GM growth 5Y1.69%

3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GTY is destroying value.
Compared to 1 year ago, GTY has more shares outstanding
The number of shares outstanding for GTY has been increased compared to 5 years ago.
GTY has a better debt/assets ratio than last year.

2.2 Solvency

Based on the Altman-Z score of 1.34, we must say that GTY is in the distress zone and has some risk of bankruptcy.
With an excellent Altman-Z score value of 1.34, GTY belongs to the best of the industry, outperforming 84.25% of the companies in the same industry.
A Debt/Equity ratio of 0.88 indicates that GTY is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.88, GTY is doing good in the industry, outperforming 67.72% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.88
Debt/FCF N/A
Altman-Z 1.34
ROIC/WACC0.62
WACC7.03%

2.3 Liquidity

GTY has a Current Ratio of 2.48. This indicates that GTY is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of GTY (2.48) is better than 83.46% of its industry peers.
A Quick Ratio of 0.98 indicates that GTY may have some problems paying its short term obligations.
With a Quick ratio value of 0.98, GTY is not doing good in the industry: 60.63% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 2.48
Quick Ratio 0.98

4

3. Growth

3.1 Past

The earnings per share for GTY have decreased strongly by -12.32% in the last year.
The Earnings Per Share has been decreasing by -0.34% on average over the past years.
GTY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.03%.
The Revenue has been growing slightly by 6.43% on average over the past years.
EPS 1Y (TTM)-12.32%
EPS 3Y-11.16%
EPS 5Y-0.34%
EPS Q2Q%15.38%
Revenue 1Y (TTM)14.03%
Revenue growth 3Y8.06%
Revenue growth 5Y6.43%
Sales Q2Q%11.72%

3.2 Future

The Earnings Per Share is expected to grow by 4.52% on average over the next years.
GTY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.63% yearly.
EPS Next Y8.03%
EPS Next 2Y5.2%
EPS Next 3Y4.52%
EPS Next 5YN/A
Revenue Next Year7%
Revenue Next 2Y7.75%
Revenue Next 3Y6.63%
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 stable: in the next years the growth will be about the same than in the last years.

3

4. Valuation

4.1 Price/Earnings Ratio

GTY is valuated quite expensively with a Price/Earnings ratio of 25.62.
Based on the Price/Earnings ratio, GTY is valued a bit cheaper than 76.38% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 31.24. GTY is around the same levels.
Based on the Price/Forward Earnings ratio of 24.36, the valuation of GTY can be described as rather expensive.
Based on the Price/Forward Earnings ratio, GTY is valued cheaper than 88.19% of the companies in the same industry.
GTY is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.44, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 25.62
Fwd PE 24.36

4.2 Price Multiples

GTY's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. GTY is more expensive than 62.20% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 16.74

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
GTY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.19
PEG (5Y)N/A
EPS Next 2Y5.2%
EPS Next 3Y4.52%

6

5. Dividend

5.1 Amount

GTY has a Yearly Dividend Yield of 5.75%, which is a nice return.
Compared to an average industry Dividend Yield of 5.79, GTY pays a bit more dividend than its industry peers.
GTY's Dividend Yield is rather good when compared to the S&P500 average which is at 2.22.
Industry RankSector Rank
Dividend Yield 5.75%

5.2 History

On average, the dividend of GTY grows each year by 6.64%, which is quite nice.
GTY has been paying a dividend for at least 10 years, so it has a reliable track record.
GTY has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)6.64%
Div Incr Years3
Div Non Decr Years3

5.3 Sustainability

149.84% of the earnings are spent on dividend by GTY. This is not a sustainable payout ratio.
The dividend of GTY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP149.84%
EPS Next 2Y5.2%
EPS Next 3Y4.52%

GETTY REALTY CORP

NYSE:GTY (10/9/2024, 8:04:00 PM)

After market: 31 0 (0%)

31

+0.07 (+0.23%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.68B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 5.75%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 25.62
Fwd PE 24.36
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.19
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 3.36%
ROE 6.68%
ROCE
ROIC
ROICexc
ROICexgc
OM 50.86%
PM (TTM) 32.25%
GM 88.65%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.1
Health
Industry RankSector Rank
Debt/Equity 0.88
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 2.48
Quick Ratio 0.98
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-12.32%
EPS 3Y-11.16%
EPS 5Y
EPS Q2Q%
EPS Next Y8.03%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)14.03%
Revenue growth 3Y8.06%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y