MODIV INDUSTRIAL INC (MDV) Stock Fundamental Analysis
USA - NYSE:MDV - US60784B1017 - REIT
14.42 USD
-0.07 (-0.48%)
14.57 USD
+0.15 (+1.04%)
MDV gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 127 industry peers in the Diversified REITs industry. MDV has only an average score on both its financial health and profitability. MDV is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
MDV had negative earnings in the past year.
In the past year MDV had a positive cash flow from operations.
In the past 5 years MDV reported 4 times negative net income.
In the past 5 years MDV always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of MDV (-0.84%) is worse than 64.57% of its industry peers.
Looking at the Return On Equity, with a value of -2.54%, MDV is doing worse than 66.14% of the companies in the same industry.
MDV has a better Return On Invested Capital (3.18%) than 62.20% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MDV is in line with the industry average of 3.04%.
The 3 year average ROIC (2.12%) for MDV is below the current ROIC(3.18%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.84% | ||
| ROE | -2.54% | ||
| ROIC | 3.18% |
ROA(3y)-1.01%
ROA(5y)-3.09%
ROE(3y)-3.42%
ROE(5y)-9.27%
ROIC(3y)2.12%
ROIC(5y)1.53%
1.3 Margins
The Operating Margin of MDV (42.28%) is better than 87.40% of its industry peers.
MDV's Operating Margin has improved in the last couple of years.
MDV has a Gross Margin of 92.32%. This is amongst the best in the industry. MDV outperforms 95.28% of its industry peers.
MDV's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.28% | ||
| PM (TTM) | N/A | ||
| GM | 92.32% |
OM growth 3Y67.86%
OM growth 5Y18.86%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.08%
GM growth 5Y2.86%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MDV is destroying value.
The number of shares outstanding for MDV has been increased compared to 1 year ago.
The number of shares outstanding for MDV has been increased compared to 5 years ago.
Compared to 1 year ago, MDV has a worse debt to assets ratio.
2.2 Solvency
MDV has an Altman-Z score of 0.09. This is a bad value and indicates that MDV is not financially healthy and even has some risk of bankruptcy.
MDV's Altman-Z score of 0.09 is on the low side compared to the rest of the industry. MDV is outperformed by 74.02% of its industry peers.
The Debt to FCF ratio of MDV is 27.29, which is on the high side as it means it would take MDV, 27.29 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 27.29, MDV is doing good in the industry, outperforming 70.87% of the companies in the same industry.
A Debt/Equity ratio of 1.69 is on the high side and indicates that MDV has dependencies on debt financing.
MDV has a Debt to Equity ratio of 1.69. This is in the lower half of the industry: MDV underperforms 66.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 27.29 | ||
| Altman-Z | 0.09 |
ROIC/WACC0.5
WACC6.39%
2.3 Liquidity
A Current Ratio of 5.44 indicates that MDV has no problem at all paying its short term obligations.
MDV has a better Current ratio (5.44) than 97.64% of its industry peers.
MDV has a Quick Ratio of 5.44. This indicates that MDV is financially healthy and has no problem in meeting its short term obligations.
MDV has a better Quick ratio (5.44) than 97.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.44 | ||
| Quick Ratio | 5.44 |
3. Growth
3.1 Past
MDV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 98.08%, which is quite impressive.
Looking at the last year, MDV shows a decrease in Revenue. The Revenue has decreased by -2.40% in the last year.
MDV shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.76% yearly.
EPS 1Y (TTM)98.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%233.33%
Revenue 1Y (TTM)-2.4%
Revenue growth 3Y7.26%
Revenue growth 5Y13.76%
Sales Q2Q%3.71%
3.2 Future
The Earnings Per Share is expected to decrease by -5.33% on average over the next years.
The Revenue is expected to grow by 2.34% on average over the next years.
EPS Next Y-134.34%
EPS Next 2Y-34.87%
EPS Next 3Y-5.33%
EPS Next 5YN/A
Revenue Next Year2.2%
Revenue Next 2Y3.02%
Revenue Next 3Y1.53%
Revenue Next 5Y2.34%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for MDV. In the last year negative earnings were reported.
MDV is valuated quite expensively with a Price/Forward Earnings ratio of 135.97.
MDV's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.23. MDV is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 135.97 |
4.2 Price Multiples
74.80% of the companies in the same industry are more expensive than MDV, based on the Enterprise Value to EBITDA ratio.
MDV's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MDV is cheaper than 83.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.29 | ||
| EV/EBITDA | 11.75 |
4.3 Compensation for Growth
A cheap valuation may be justified as MDV's earnings are expected to decrease with -5.33% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-34.87%
EPS Next 3Y-5.33%
5. Dividend
5.1 Amount
MDV has a Yearly Dividend Yield of 8.00%, which is a nice return.
Compared to an average industry Dividend Yield of 6.23, MDV pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, MDV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8% |
5.2 History
MDV has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
The earnings of MDV are negative and hence is the payout ratio. MDV will probably not be able to sustain this dividend level.
DP-355.77%
EPS Next 2Y-34.87%
EPS Next 3Y-5.33%
14.42
-0.07 (-0.48%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners23.16%
Inst Owner Change0.01%
Ins Owners3%
Ins Owner Change1.91%
Market Cap146.51M
Analysts84.44
Price Target17.85 (23.79%)
Short Float %3.39%
Short Ratio8.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8% |
Yearly Dividend1.6
Dividend Growth(5Y)N/A
DP-355.77%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)159.31%
Min EPS beat(2)88.58%
Max EPS beat(2)230.03%
EPS beat(4)3
Avg EPS beat(4)-44.11%
Min EPS beat(4)-694.06%
Max EPS beat(4)230.03%
EPS beat(8)5
Avg EPS beat(8)-151.36%
EPS beat(12)8
Avg EPS beat(12)115.61%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-0.94%
Min Revenue beat(2)-1.28%
Max Revenue beat(2)-0.61%
Revenue beat(4)2
Avg Revenue beat(4)0.27%
Min Revenue beat(4)-1.28%
Max Revenue beat(4)1.93%
Revenue beat(8)3
Avg Revenue beat(8)-0.61%
Revenue beat(12)5
Avg Revenue beat(12)3.25%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-1.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.53%
EPS NY rev (1m)-185%
EPS NY rev (3m)-210.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 135.97 | ||
| P/S | 3.12 | ||
| P/FCF | 14.29 | ||
| P/OCF | 8.36 | ||
| P/B | 0.88 | ||
| P/tB | 0.89 | ||
| EV/EBITDA | 11.75 |
EPS(TTM)-0.02
EYN/A
EPS(NY)0.11
Fwd EY0.74%
FCF(TTM)1.01
FCFY7%
OCF(TTM)1.73
OCFY11.97%
SpS4.63
BVpS16.3
TBVpS16.18
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.84% | ||
| ROE | -2.54% | ||
| ROCE | 4.03% | ||
| ROIC | 3.18% | ||
| ROICexc | 3.22% | ||
| ROICexgc | 3.24% | ||
| OM | 42.28% | ||
| PM (TTM) | N/A | ||
| GM | 92.32% | ||
| FCFM | 21.8% |
ROA(3y)-1.01%
ROA(5y)-3.09%
ROE(3y)-3.42%
ROE(5y)-9.27%
ROIC(3y)2.12%
ROIC(5y)1.53%
ROICexc(3y)2.16%
ROICexc(5y)1.58%
ROICexgc(3y)2.18%
ROICexgc(5y)1.6%
ROCE(3y)2.69%
ROCE(5y)1.95%
ROICexcg growth 3Y59.93%
ROICexcg growth 5Y30.52%
ROICexc growth 3Y62.55%
ROICexc growth 5Y34.05%
OM growth 3Y67.86%
OM growth 5Y18.86%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.08%
GM growth 5Y2.86%
F-Score5
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 27.29 | ||
| Debt/EBITDA | 7.8 | ||
| Cap/Depr | 45.58% | ||
| Cap/Sales | 15.49% | ||
| Interest Coverage | 1.53 | ||
| Cash Conversion | 48.9% | ||
| Profit Quality | N/A | ||
| Current Ratio | 5.44 | ||
| Quick Ratio | 5.44 | ||
| Altman-Z | 0.09 |
F-Score5
WACC6.39%
ROIC/WACC0.5
Cap/Depr(3y)581.06%
Cap/Depr(5y)371.93%
Cap/Sales(3y)189.95%
Cap/Sales(5y)123.43%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)98.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%233.33%
EPS Next Y-134.34%
EPS Next 2Y-34.87%
EPS Next 3Y-5.33%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.4%
Revenue growth 3Y7.26%
Revenue growth 5Y13.76%
Sales Q2Q%3.71%
Revenue Next Year2.2%
Revenue Next 2Y3.02%
Revenue Next 3Y1.53%
Revenue Next 5Y2.34%
EBIT growth 1Y96.37%
EBIT growth 3Y80.05%
EBIT growth 5Y35.21%
EBIT Next Year79.74%
EBIT Next 3Y29.33%
EBIT Next 5Y15.97%
FCF growth 1Y109.71%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-7.04%
OCF growth 3Y23.3%
OCF growth 5Y30.88%