MGM Growth Properties LLC (MGP) Stock Fundamental Analysis

NYSE:MGP • US55303A1051

41.64
+1.26 (+3.12%)
At close: Apr 28, 2022
41.73
+0.09 (+0.22%)
After Hours: 4/28/2022, 8:13:32 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

1

Taking everything into account, MGP scores 1 out of 10 in our fundamental rating. MGP was compared to 123 industry peers in the Diversified REITs industry. MGP may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, MGP is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

  • MGP had positive earnings in the past year.
MGP Yearly Net Income VS EBIT VS OCF VS FCFMGP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 200M 400M 600M

1.2 Ratios

Industry RankSector Rank
ROA 2.08%
ROE 6.8%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
MGP Yearly ROA, ROE, ROICMGP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2 4 6

1.3 Margins

  • MGP does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 27.27%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
MGP Yearly Profit, Operating, Gross MarginsMGP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 20 40 60

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0

2. Health

2.1 Basic Checks

  • Compared to 1 year ago, MGP has more shares outstanding
  • Compared to 1 year ago, MGP has a worse debt to assets ratio.
MGP Yearly Shares OutstandingMGP Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 50M 100M 150M
MGP Yearly Total Debt VS Total AssetsMGP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2B 4B 6B 8B 10B

2.2 Solvency

  • MGP has a Debt/Equity ratio of 1.32. This is a high value indicating a heavy dependency on external financing.
Industry RankSector Rank
Debt/Equity 1.32
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACCN/A
MGP Yearly LT Debt VS Equity VS FCFMGP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 1B 2B 3B 4B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • The earnings per share for MGP have decreased by -0.73% in the last year.
  • MGP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.92% yearly.
  • MGP shows a small growth in Revenue. In the last year, the Revenue has grown by 1.60%.
  • MGP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.84% yearly.
EPS 1Y (TTM)-0.73%
EPS 3Y13.51%
EPS 5Y18.92%
EPS Q2Q%0%
Revenue 1Y (TTM)1.6%
Revenue growth 3Y-3.47%
Revenue growth 5Y10.84%
Sales Q2Q%3.93%

3.2 Future

  • MGP is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.78% yearly.
  • Based on estimates for the next years, MGP will show a small growth in Revenue. The Revenue will grow by 2.72% on average per year.
EPS Next Y11.4%
EPS Next 2Y2.17%
EPS Next 3Y1.74%
EPS Next 5Y1.78%
Revenue Next Year5.61%
Revenue Next 2Y2.96%
Revenue Next 3Y2.63%
Revenue Next 5Y2.72%

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 decreasing.
  • 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.
MGP Yearly Revenue VS EstimatesMGP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
MGP Yearly EPS VS EstimatesMGP Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

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Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • MGP is valuated quite expensively with a Price/Earnings ratio of 30.62.
  • When comparing the Price/Earnings ratio of MGP to the average of the S&P500 Index (27.27), we can say MGP is valued inline with the index average.
  • Based on the Price/Forward Earnings ratio of 29.33, the valuation of MGP can be described as expensive.
  • MGP is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.16, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 30.62
Fwd PE 29.33
MGP Price Earnings VS Forward Price EarningsMGP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA 14.29
MGP Per share dataMGP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.69
PEG (5Y)1.62
EPS Next 2Y2.17%
EPS Next 3Y1.74%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • MGP has a Yearly Dividend Yield of 5.09%, which is a nice return.
  • MGP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.85.
Industry RankSector Rank
Dividend Yield 5.09%

5.2 History

  • The dividend of MGP has a limited annual growth rate of 5.80%.
  • MGP has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)5.8%
Div Incr YearsN/A
Div Non Decr YearsN/A
MGP Yearly Dividends per shareMGP Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 0.5 1 1.5 2

5.3 Sustainability

  • MGP pays out 255.04% of its income as dividend. This is not a sustainable payout ratio.
  • MGP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP255.04%
EPS Next 2Y2.17%
EPS Next 3Y1.74%
MGP Yearly Income VS Free CF VS DividendMGP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 200M 400M 600M
MGP Dividend Payout.MGP Dividend Payout, showing the Payout Ratio.MGP Dividend Payout.PayoutRetained Earnings

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MGM Growth Properties LLC

NYSE:MGP (4/28/2022, 8:13:32 PM)

After market: 41.73 +0.09 (+0.22%)

41.64

+1.26 (+3.12%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)04-21
Earnings (Next)08-04
Inst Owners0.31%
Inst Owner Change0%
Ins Owners0.05%
Ins Owner Change0%
Market Cap6.53B
Revenue(TTM)789.66M
Net Income(TTM)215.33M
Analysts69.09
Price Target42.02 (0.91%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.09%
Yearly Dividend2.06
Dividend Growth(5Y)5.8%
DP255.04%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 30.62
Fwd PE 29.33
P/S 8.27
P/FCF N/A
P/OCF N/A
P/B 2.06
P/tB N/A
EV/EBITDA 14.29
EPS(TTM)1.36
EY3.27%
EPS(NY)1.42
Fwd EY3.41%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS5.04
BVpS20.2
TBVpSN/A
PEG (NY)2.69
PEG (5Y)1.62
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 2.08%
ROE 6.8%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 27.27%
GM N/A
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y0%
ROICexgc growth 5Y0%
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.08
Health
Industry RankSector Rank
Debt/Equity 1.32
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.73%
EPS 3Y13.51%
EPS 5Y18.92%
EPS Q2Q%0%
EPS Next Y11.4%
EPS Next 2Y2.17%
EPS Next 3Y1.74%
EPS Next 5Y1.78%
Revenue 1Y (TTM)1.6%
Revenue growth 3Y-3.47%
Revenue growth 5Y10.84%
Sales Q2Q%3.93%
Revenue Next Year5.61%
Revenue Next 2Y2.96%
Revenue Next 3Y2.63%
Revenue Next 5Y2.72%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A

MGM Growth Properties LLC / MGP FAQ

Can you provide the ChartMill fundamental rating for MGM Growth Properties LLC?

ChartMill assigns a fundamental rating of 3 / 10 to MGP.


Can you provide the valuation status for MGM Growth Properties LLC?

ChartMill assigns a valuation rating of 3 / 10 to MGM Growth Properties LLC (MGP). This can be considered as Overvalued.


What is the profitability of MGP stock?

MGM Growth Properties LLC (MGP) has a profitability rating of 4 / 10.


What are the PE and PB ratios of MGM Growth Properties LLC (MGP) stock?

The Price/Earnings (PE) ratio for MGM Growth Properties LLC (MGP) is 30.62 and the Price/Book (PB) ratio is 2.06.


How sustainable is the dividend of MGM Growth Properties LLC (MGP) stock?

The dividend rating of MGM Growth Properties LLC (MGP) is 6 / 10 and the dividend payout ratio is 255.04%.