KIMCO REALTY CORP (KIM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KIM - US49446R1095 - REIT
20.42 USD
+0.31 (+1.54%)
20.38 USD
-0.04 (-0.2%)
Overall KIM gets a fundamental rating of 5 out of 10. We evaluated KIM against 128 industry peers in the Diversified REITs industry. Both the profitability and the financial health of KIM get a neutral evaluation. Nothing too spectacular is happening here. KIM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
KIM had positive earnings in the past year.
In the past year KIM had a positive cash flow from operations.
In the past 5 years KIM has always been profitable.
Each year in the past 5 years KIM had a positive operating cash flow.
1.2 Ratios
KIM has a Return On Assets of 2.83%. This is in the better half of the industry: KIM outperforms 68.75% of its industry peers.
KIM has a better Return On Equity (5.37%) than 66.41% of its industry peers.
With a Return On Invested Capital value of 2.87%, KIM perfoms like the industry average, outperforming 53.91% of the companies in the same industry.
KIM had an Average Return On Invested Capital over the past 3 years of 2.59%. This is in line with the industry average of 3.05%.
The last Return On Invested Capital (2.87%) for KIM is above the 3 year average (2.59%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.83% | ||
| ROE | 5.37% | ||
| ROIC | 2.87% |
ROA(3y)1.94%
ROA(5y)3.72%
ROE(3y)3.71%
ROE(5y)7.34%
ROIC(3y)2.59%
ROIC(5y)2.41%
1.3 Margins
Looking at the Profit Margin, with a value of 26.52%, KIM is in the better half of the industry, outperforming 77.34% of the companies in the same industry.
In the last couple of years the Profit Margin of KIM has declined.
The Operating Margin of KIM (33.20%) is better than 68.75% of its industry peers.
In the last couple of years the Operating Margin of KIM has declined.
KIM has a Gross Margin (69.03%) which is comparable to the rest of the industry.
KIM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.2% | ||
| PM (TTM) | 26.52% | ||
| GM | 69.03% |
OM growth 3Y-0.51%
OM growth 5Y-3.5%
PM growth 3Y-32.69%
PM growth 5Y-8.94%
GM growth 3Y-0.33%
GM growth 5Y-0.64%
2. Health
2.1 Basic Checks
KIM 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, KIM has more shares outstanding
The number of shares outstanding for KIM has been increased compared to 5 years ago.
The debt/assets ratio for KIM has remained at the same level compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.08, we must say that KIM is in the distress zone and has some risk of bankruptcy.
KIM has a better Altman-Z score (1.08) than 80.47% of its industry peers.
KIM has a debt to FCF ratio of 17.47. This is a negative value and a sign of low solvency as KIM would need 17.47 years to pay back of all of its debts.
The Debt to FCF ratio of KIM (17.47) is better than 82.03% of its industry peers.
KIM has a Debt/Equity ratio of 0.78. This is a neutral value indicating KIM is somewhat dependend on debt financing.
KIM has a Debt to Equity ratio of 0.78. This is in the better half of the industry: KIM outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 17.47 | ||
| Altman-Z | 1.08 |
ROIC/WACC0.43
WACC6.64%
2.3 Liquidity
A Current Ratio of 1.15 indicates that KIM should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.15, KIM is in line with its industry, outperforming 55.47% of the companies in the same industry.
A Quick Ratio of 1.15 indicates that KIM should not have too much problems paying its short term obligations.
KIM's Quick ratio of 1.15 is in line compared to the rest of the industry. KIM outperforms 56.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 50.91% over the past year.
The Earnings Per Share has been decreasing by -6.89% on average over the past years.
KIM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.14%.
KIM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.94% yearly.
EPS 1Y (TTM)50.91%
EPS 3Y-29.53%
EPS 5Y-6.89%
EPS Q2Q%0%
Revenue 1Y (TTM)8.14%
Revenue growth 3Y14.29%
Revenue growth 5Y11.94%
Sales Q2Q%5.62%
3.2 Future
KIM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.66% yearly.
KIM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.79% yearly.
EPS Next Y38.27%
EPS Next 2Y15.42%
EPS Next 3Y12.86%
EPS Next 5Y8.66%
Revenue Next Year5.91%
Revenue Next 2Y4.45%
Revenue Next 3Y4.05%
Revenue Next 5Y4.79%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 24.60 indicates a rather expensive valuation of KIM.
Based on the Price/Earnings ratio, KIM is valued a bit cheaper than 73.44% of the companies in the same industry.
KIM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.59.
A Price/Forward Earnings ratio of 27.37 indicates a quite expensive valuation of KIM.
KIM's Price/Forward Earnings ratio is rather cheap when compared to the industry. KIM is cheaper than 81.25% of the companies in the same industry.
KIM's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.6 | ||
| Fwd PE | 27.37 |
4.2 Price Multiples
60.94% of the companies in the same industry are cheaper than KIM, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, KIM is valued a bit cheaper than 71.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.37 | ||
| EV/EBITDA | 16.41 |
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.
KIM has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as KIM's earnings are expected to grow with 12.86% in the coming years.
PEG (NY)0.64
PEG (5Y)N/A
EPS Next 2Y15.42%
EPS Next 3Y12.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.13%, KIM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.33, KIM has a dividend in line with its industry peers.
KIM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.13% |
5.2 History
The dividend of KIM decreases each year by -3.26%.
KIM has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-3.26%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
KIM pays out 125.96% of its income as dividend. This is not a sustainable payout ratio.
DP125.96%
EPS Next 2Y15.42%
EPS Next 3Y12.86%
20.42
+0.31 (+1.54%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners100.53%
Inst Owner Change2.44%
Ins Owners2.17%
Ins Owner Change-0.15%
Market Cap13.83B
Revenue(TTM)2.12B
Net Income(TTM)563.07M
Analysts73.79
Price TargetN/A
Short Float %3.78%
Short Ratio5.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.13% |
Yearly Dividend1.06
Dividend Growth(5Y)-3.26%
DP125.96%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.11%
Min EPS beat(2)8.27%
Max EPS beat(2)33.95%
EPS beat(4)4
Avg EPS beat(4)17.96%
Min EPS beat(4)3.1%
Max EPS beat(4)33.95%
EPS beat(8)7
Avg EPS beat(8)1.72%
EPS beat(12)9
Avg EPS beat(12)-0.48%
EPS beat(16)10
Avg EPS beat(16)-10.44%
Revenue beat(2)1
Avg Revenue beat(2)-0.14%
Min Revenue beat(2)-1.37%
Max Revenue beat(2)1.1%
Revenue beat(4)3
Avg Revenue beat(4)0.77%
Min Revenue beat(4)-1.37%
Max Revenue beat(4)1.74%
Revenue beat(8)5
Avg Revenue beat(8)0.65%
Revenue beat(12)8
Avg Revenue beat(12)0.72%
Revenue beat(16)12
Avg Revenue beat(16)1.36%
PT rev (1m)-2%
PT rev (3m)-1.8%
EPS NQ rev (1m)-3.71%
EPS NQ rev (3m)-1.89%
EPS NY rev (1m)3.14%
EPS NY rev (3m)6.33%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)0.82%
Revenue NY rev (1m)0.75%
Revenue NY rev (3m)0.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.6 | ||
| Fwd PE | 27.37 | ||
| P/S | 6.51 | ||
| P/FCF | 29.37 | ||
| P/OCF | 12.56 | ||
| P/B | 1.32 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | 16.41 |
EPS(TTM)0.83
EY4.06%
EPS(NY)0.75
Fwd EY3.65%
FCF(TTM)0.7
FCFY3.4%
OCF(TTM)1.63
OCFY7.96%
SpS3.14
BVpS15.48
TBVpS15.48
PEG (NY)0.64
PEG (5Y)N/A
Graham Number17.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.83% | ||
| ROE | 5.37% | ||
| ROCE | 3.63% | ||
| ROIC | 2.87% | ||
| ROICexc | 2.89% | ||
| ROICexgc | 2.93% | ||
| OM | 33.2% | ||
| PM (TTM) | 26.52% | ||
| GM | 69.03% | ||
| FCFM | 22.18% |
ROA(3y)1.94%
ROA(5y)3.72%
ROE(3y)3.71%
ROE(5y)7.34%
ROIC(3y)2.59%
ROIC(5y)2.41%
ROICexc(3y)2.67%
ROICexc(5y)2.47%
ROICexgc(3y)2.72%
ROICexgc(5y)2.5%
ROCE(3y)3.28%
ROCE(5y)3.05%
ROICexgc growth 3Y11.55%
ROICexgc growth 5Y-4.11%
ROICexc growth 3Y10.84%
ROICexc growth 5Y-4.28%
OM growth 3Y-0.51%
OM growth 5Y-3.5%
PM growth 3Y-32.69%
PM growth 5Y-8.94%
GM growth 3Y-0.33%
GM growth 5Y-0.64%
F-Score6
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 17.47 | ||
| Debt/EBITDA | 6.17 | ||
| Cap/Depr | 100.19% | ||
| Cap/Sales | 29.69% | ||
| Interest Coverage | 2.18 | ||
| Cash Conversion | 82.54% | ||
| Profit Quality | 83.62% | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.15 | ||
| Altman-Z | 1.08 |
F-Score6
WACC6.64%
ROIC/WACC0.43
Cap/Depr(3y)94.6%
Cap/Depr(5y)114.14%
Cap/Sales(3y)27.48%
Cap/Sales(5y)32.82%
Profit Quality(3y)199.49%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)50.91%
EPS 3Y-29.53%
EPS 5Y-6.89%
EPS Q2Q%0%
EPS Next Y38.27%
EPS Next 2Y15.42%
EPS Next 3Y12.86%
EPS Next 5Y8.66%
Revenue 1Y (TTM)8.14%
Revenue growth 3Y14.29%
Revenue growth 5Y11.94%
Sales Q2Q%5.62%
Revenue Next Year5.91%
Revenue Next 2Y4.45%
Revenue Next 3Y4.05%
Revenue Next 5Y4.79%
EBIT growth 1Y10.44%
EBIT growth 3Y13.71%
EBIT growth 5Y8.02%
EBIT Next Year111.97%
EBIT Next 3Y31.1%
EBIT Next 5Y21.25%
FCF growth 1Y22.8%
FCF growth 3YN/A
FCF growth 5Y30.79%
OCF growth 1Y6.21%
OCF growth 3Y17.56%
OCF growth 5Y11.5%
KIMCO REALTY CORP / KIM FAQ
What is the ChartMill fundamental rating of KIMCO REALTY CORP (KIM) stock?
ChartMill assigns a fundamental rating of 5 / 10 to KIM.
Can you provide the valuation status for KIMCO REALTY CORP?
ChartMill assigns a valuation rating of 5 / 10 to KIMCO REALTY CORP (KIM). This can be considered as Fairly Valued.
Can you provide the profitability details for KIMCO REALTY CORP?
KIMCO REALTY CORP (KIM) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for KIM stock?
The Price/Earnings (PE) ratio for KIMCO REALTY CORP (KIM) is 24.6 and the Price/Book (PB) ratio is 1.32.
Is the dividend of KIMCO REALTY CORP sustainable?
The dividend rating of KIMCO REALTY CORP (KIM) is 4 / 10 and the dividend payout ratio is 125.96%.