HEALTHCARE REALTY TRUST INC (HR)
US42226K1051 - REIT
Overall HR gets a fundamental rating of 2 out of 10. We evaluated HR against 126 industry peers in the Diversified REITs industry. Both the profitability and financial health of HR have multiple concerns. HR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
HR had negative earnings in the past year.
In the past year HR had a positive cash flow from operations.
HR had positive earnings in 4 of the past 5 years.
Each year in the past 5 years HR had a positive operating cash flow.
1.2 Ratios
HR's Return On Assets of -2.23% is on the low side compared to the rest of the industry. HR is outperformed by 79.67% of its industry peers.
HR's Return On Equity of -4.13% is on the low side compared to the rest of the industry. HR is outperformed by 72.36% of its industry peers.
HR has a Return On Invested Capital of 0.35%. This is amonst the worse of the industry: HR underperforms 88.62% of its industry peers.
HR had an Average Return On Invested Capital over the past 3 years of 1.01%. This is in line with the industry average of 2.95%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.23% | ||
| ROE | -4.13% | ||
| ROIC | 0.35% |
ROA(3y)-0.18%
ROA(5y)0.14%
ROE(3y)-0.2%
ROE(5y)0.39%
ROIC(3y)1.01%
ROIC(5y)1.4%
1.3 Margins
HR's Operating Margin of 4.04% is on the low side compared to the rest of the industry. HR is outperformed by 88.62% of its industry peers.
HR's Operating Margin has declined in the last couple of years.
HR's Gross Margin of 62.76% is on the low side compared to the rest of the industry. HR is outperformed by 67.48% of its industry peers.
HR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.04% | ||
| PM (TTM) | N/A | ||
| GM | 62.76% |
OM growth 3Y-43.5%
OM growth 5Y-29.46%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.25%
GM growth 5Y-1.68%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HR is destroying value.
Compared to 1 year ago, HR has about the same amount of shares outstanding.
Compared to 5 years ago, HR has more shares outstanding
The debt/assets ratio for HR is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.35, we must say that HR is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.35, HR is not doing good in the industry: 65.04% of the companies in the same industry are doing better.
HR has a debt to FCF ratio of 28.39. This is a negative value and a sign of low solvency as HR would need 28.39 years to pay back of all of its debts.
The Debt to FCF ratio of HR (28.39) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.74 indicates that HR is somewhat dependend on debt financing.
HR has a Debt to Equity ratio of 0.74. This is in the better half of the industry: HR outperforms 74.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 28.39 | ||
| Altman-Z | 0.35 |
ROIC/WACC0.05
WACC7.04%
2.3 Liquidity
HR has a Current Ratio of 0.47. This is a bad value and indicates that HR is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.47, HR is doing worse than 86.99% of the companies in the same industry.
HR has a Quick Ratio of 0.47. This is a bad value and indicates that HR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.47, HR is not doing good in the industry: 86.18% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
HR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -338.71%.
Looking at the last year, HR shows a very strong growth in Revenue. The Revenue has grown by 44.07%.
HR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.05% yearly.
EPS 1Y (TTM)-338.71%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-22.22%
Revenue 1Y (TTM)44.07%
Revenue growth 3Y22.06%
Revenue growth 5Y14.05%
Revenue growth Q2Q-2.27%
3.2 Future
HR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.91% yearly.
The Revenue is expected to grow by 0.62% on average over the next years.
EPS Next Y15.85%
EPS Next 2Y0.2%
EPS Next 3Y3.91%
EPS Next 5YN/A
Revenue Next Year2.53%
Revenue Next 2Y0.11%
Revenue Next 3Y0.62%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for HR. In the last year negative earnings were reported.
Also next year HR is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HR is valued a bit cheaper than the industry average as 63.41% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.63 | ||
| EV/EBITDA | 13.27 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.2%
EPS Next 3Y3.91%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.74%, HR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.95, HR pays a better dividend. On top of this HR pays more dividend than 84.55% of the companies listed in the same industry.
HR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.74% |
5.2 History
The dividend of HR decreases each year by -14.26%.
HR has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-14.26%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of HR are negative and hence is the payout ratio. HR will probably not be able to sustain this dividend level.
DP-167.7%
EPS Next 2Y0.2%
EPS Next 3Y3.91%
HEALTHCARE REALTY TRUST INC
NYSE:HR (4/15/2024, 7:10:24 PM)
After market: 13.85 -0.04 (-0.29%)13.89
-0.22 (-1.56%)
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 Cap5.29B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.74% |
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)
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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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| 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)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.23% | ||
| ROE | -4.13% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 4.04% | ||
| PM (TTM) | N/A | ||
| GM | 62.76% | ||
| 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 Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.47 | ||
| 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)
Growth
EPS 1Y (TTM)-338.71%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y15.85%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)44.07%
Revenue growth 3Y22.06%
Revenue growth 5Y
Revenue growth 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