GETTY REALTY CORP (GTY) Stock Fundamental Analysis
USA - NYSE:GTY - US3742971092 - REIT
25.61 USD
-0.18 (-0.7%)
25.65 USD
+0.04 (+0.16%)
We assign a fundamental rating of 5 out of 10 to GTY. GTY was compared to 129 industry peers in the Diversified REITs industry. While GTY belongs to the best of the industry regarding profitability, there are concerns on its financial health. While showing a medium growth rate, GTY is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year GTY was profitable.
In the past year GTY had a positive cash flow from operations.
GTY had positive earnings in each of the past 5 years.
Each year in the past 5 years GTY had a positive operating cash flow.
1.2 Ratios
GTY has a better Return On Assets (3.15%) than 77.52% of its industry peers.
The Return On Equity of GTY (6.47%) is better than 75.97% of its industry peers.
GTY has a better Return On Invested Capital (4.35%) than 82.95% 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 3.01%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 6.47% | ||
| ROIC | 4.35% |
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 better Profit Margin (30.25%) than 85.27% of its industry peers.
GTY's Profit Margin has been stable in the last couple of years.
GTY has a Operating Margin of 50.55%. This is amongst the best in the industry. GTY outperforms 91.47% of its industry peers.
In the last couple of years the Operating Margin of GTY has remained more or less at the same level.
Looking at the Gross Margin, with a value of 91.52%, GTY belongs to the top of the industry, outperforming 94.57% 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 | 50.55% | ||
| PM (TTM) | 30.25% | ||
| GM | 91.52% |
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
GTY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, GTY has more shares outstanding
Compared to 5 years ago, GTY has more shares outstanding
The debt/assets ratio for GTY is higher compared to a year ago.
2.2 Solvency
GTY has an Altman-Z score of 1.01. This is a bad value and indicates that GTY is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of GTY (1.01) is better than 75.97% of its industry peers.
A Debt/Equity ratio of 0.94 indicates that GTY is somewhat dependend on debt financing.
GTY has a better Debt to Equity ratio (0.94) than 64.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.01 |
ROIC/WACC0.64
WACC6.84%
2.3 Liquidity
GTY has a Current Ratio of 0.86. This is a bad value and indicates that GTY is not financially healthy enough and could expect problems in meeting its short term obligations.
GTY has a Current ratio (0.86) which is in line with its industry peers.
A Quick Ratio of 0.86 indicates that GTY may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.86, GTY is in line with its industry, outperforming 47.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
GTY shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.96%.
The Earnings Per Share has been growing slightly by 1.15% on average over the past years.
GTY shows a small growth in Revenue. In the last year, the Revenue has grown by 6.61%.
The Revenue has been growing slightly by 7.65% on average over the past years.
EPS 1Y (TTM)-4.96%
EPS 3Y-2.51%
EPS 5Y1.15%
EPS Q2Q%-20%
Revenue 1Y (TTM)6.61%
Revenue growth 3Y9.39%
Revenue growth 5Y7.65%
Sales Q2Q%6.65%
3.2 Future
The Earnings Per Share is expected to grow by 2.92% 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 7.95% yearly.
EPS Next Y-7.28%
EPS Next 2Y1.16%
EPS Next 3Y2.92%
EPS Next 5YN/A
Revenue Next Year7.48%
Revenue Next 2Y7.67%
Revenue Next 3Y7.95%
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 22.27, the valuation of GTY can be described as rather expensive.
GTY's Price/Earnings ratio is a bit cheaper when compared to the industry. GTY is cheaper than 79.84% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.34, GTY is valued at the same level.
With a Price/Forward Earnings ratio of 19.86, GTY is valued on the expensive side.
93.02% of the companies in the same industry are more expensive than GTY, based on the Price/Forward Earnings ratio.
GTY's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.27 | ||
| Fwd PE | 19.86 |
4.2 Price Multiples
GTY's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.24 |
4.3 Compensation for Growth
GTY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)19.37
EPS Next 2Y1.16%
EPS Next 3Y2.92%
5. Dividend
5.1 Amount
GTY has a Yearly Dividend Yield of 7.29%, which is a nice return.
Compared to an average industry Dividend Yield of 7.01, 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 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.29% |
5.2 History
The dividend of GTY has a limited annual growth rate of 5.87%.
GTY has paid a dividend for at least 10 years, which is a reliable track record.
GTY has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.87%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
163.35% of the earnings are spent on dividend by GTY. This is not a sustainable payout ratio.
GTY's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP163.35%
EPS Next 2Y1.16%
EPS Next 3Y2.92%
25.61
-0.18 (-0.7%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners86.54%
Inst Owner Change-0.01%
Ins Owners7.44%
Ins Owner Change2.52%
Market Cap1.45B
Analysts73.33
Price Target32.81 (28.11%)
Short Float %6.93%
Short Ratio10.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.29% |
Yearly Dividend1.84
Dividend Growth(5Y)5.87%
DP163.35%
Div Incr Years12
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-18.7%
Min EPS beat(2)-19.9%
Max EPS beat(2)-17.49%
EPS beat(4)1
Avg EPS beat(4)-7.27%
Min EPS beat(4)-19.9%
Max EPS beat(4)20.67%
EPS beat(8)2
Avg EPS beat(8)-3.65%
EPS beat(12)3
Avg EPS beat(12)4.29%
EPS beat(16)6
Avg EPS beat(16)17.3%
Revenue beat(2)1
Avg Revenue beat(2)-0.33%
Min Revenue beat(2)-1.85%
Max Revenue beat(2)1.19%
Revenue beat(4)3
Avg Revenue beat(4)1.28%
Min Revenue beat(4)-1.85%
Max Revenue beat(4)3.15%
Revenue beat(8)6
Avg Revenue beat(8)2.63%
Revenue beat(12)9
Avg Revenue beat(12)2.03%
Revenue beat(16)11
Avg Revenue beat(16)1.28%
PT rev (1m)0%
PT rev (3m)0.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.63%
Revenue NY rev (1m)0.2%
Revenue NY rev (3m)0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.27 | ||
| Fwd PE | 19.86 | ||
| P/S | 6.9 | ||
| P/FCF | N/A | ||
| P/OCF | 10.8 | ||
| P/B | 1.48 | ||
| P/tB | 1.48 | ||
| EV/EBITDA | 14.24 |
EPS(TTM)1.15
EY4.49%
EPS(NY)1.29
Fwd EY5.03%
FCF(TTM)-1.64
FCFYN/A
OCF(TTM)2.37
OCFY9.26%
SpS3.71
BVpS17.36
TBVpS17.36
PEG (NY)N/A
PEG (5Y)19.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 6.47% | ||
| ROCE | 5.51% | ||
| ROIC | 4.35% | ||
| ROICexc | 4.37% | ||
| ROICexgc | 4.37% | ||
| OM | 50.55% | ||
| PM (TTM) | 30.25% | ||
| GM | 91.52% | ||
| 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%
ROICexcg growth 3Y1.55%
ROICexcg 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-Score5
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.56 | ||
| Cap/Depr | 379.35% | ||
| Cap/Sales | 108.2% | ||
| Interest Coverage | 2.66 | ||
| Cash Conversion | 80.81% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 1.01 |
F-Score5
WACC6.84%
ROIC/WACC0.64
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)-4.96%
EPS 3Y-2.51%
EPS 5Y1.15%
EPS Q2Q%-20%
EPS Next Y-7.28%
EPS Next 2Y1.16%
EPS Next 3Y2.92%
EPS Next 5YN/A
Revenue 1Y (TTM)6.61%
Revenue growth 3Y9.39%
Revenue growth 5Y7.65%
Sales Q2Q%6.65%
Revenue Next Year7.48%
Revenue Next 2Y7.67%
Revenue Next 3Y7.95%
Revenue Next 5YN/A
EBIT growth 1Y5.95%
EBIT growth 3Y13.27%
EBIT growth 5Y9.09%
EBIT Next Year60.68%
EBIT Next 3Y24.86%
EBIT Next 5YN/A
FCF growth 1Y-59.3%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y36.68%
OCF growth 3Y14.55%
OCF growth 5Y11.2%