MEDICAL PROPERTIES TRUST INC (MPW) Stock Fundamental Analysis
NYSE:MPW - New York Stock Exchange, Inc. - US58463J3041 - REIT - Currency: USD
Taking everything into account, MPW scores 3 out of 10 in our fundamental rating. MPW was compared to 130 industry peers in the Diversified REITs industry. MPW may be in some trouble as it scores bad on both profitability and health. MPW does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
MPW had negative earnings in the past year.
MPW had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: MPW reported negative net income in multiple years.
In the past 5 years MPW always reported a positive cash flow from operatings.
1.2 Ratios
MPW has a worse Return On Assets (-11.13%) than 95.38% of its industry peers.
With a Return On Equity value of -34.74%, MPW is not doing good in the industry: 93.08% of the companies in the same industry are doing better.
MPW has a worse Return On Invested Capital (1.88%) than 70.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MPW is in line with the industry average of 3.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.13% | ||
| ROE | -34.74% | ||
| ROIC | 1.88% |
ROA(3y)-5.11%
ROA(5y)-1.92%
ROE(3y)-15.57%
ROE(5y)-6.62%
ROIC(3y)2.26%
ROIC(5y)2.99%
1.3 Margins
Looking at the Operating Margin, with a value of 35.82%, MPW is in the better half of the industry, outperforming 75.38% of the companies in the same industry.
In the last couple of years the Operating Margin of MPW has declined.
MPW has a Gross Margin of 96.89%. This is amongst the best in the industry. MPW outperforms 97.69% of its industry peers.
In the last couple of years the Gross Margin of MPW has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.82% | ||
| PM (TTM) | N/A | ||
| GM | 96.89% |
OM growth 3Y-16.71%
OM growth 5Y-10.61%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.03%
GM growth 5Y-0.02%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MPW is destroying value.
Compared to 1 year ago, MPW has more shares outstanding
MPW has more shares outstanding than it did 5 years ago.
MPW has a worse debt/assets ratio than last year.
2.2 Solvency
MPW has an Altman-Z score of 0.00. This is a bad value and indicates that MPW is not financially healthy and even has some risk of bankruptcy.
MPW has a Altman-Z score of 0.00. This is in the lower half of the industry: MPW underperforms 76.15% of its industry peers.
A Debt/Equity ratio of 1.99 is on the high side and indicates that MPW has dependencies on debt financing.
MPW's Debt to Equity ratio of 1.99 is on the low side compared to the rest of the industry. MPW is outperformed by 71.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.99 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0 |
ROIC/WACC0.31
WACC6.17%
2.3 Liquidity
A Current Ratio of 2.38 indicates that MPW has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.38, MPW belongs to the top of the industry, outperforming 83.85% of the companies in the same industry.
MPW has a Quick Ratio of 2.38. This indicates that MPW is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.38, MPW belongs to the top of the industry, outperforming 83.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.38 | ||
| Quick Ratio | 2.38 |
3. Growth
3.1 Past
MPW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -1304.35%.
The Revenue has grown by 19.56% in the past year. This is quite good.
MPW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.11% yearly.
EPS 1Y (TTM)-1304.35%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-185.71%
Revenue 1Y (TTM)19.56%
Revenue growth 3Y-13.62%
Revenue growth 5Y3.11%
Sales Q2Q%-17.51%
3.2 Future
MPW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.85% yearly.
MPW is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.37% yearly.
EPS Next Y98.32%
EPS Next 2Y43.72%
EPS Next 3Y27.85%
EPS Next 5YN/A
Revenue Next Year-2.95%
Revenue Next 2Y1.89%
Revenue Next 3Y2.92%
Revenue Next 5Y-0.37%
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
MPW reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 24.57, the valuation of MPW can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MPW indicates a rather cheap valuation: MPW is cheaper than 82.31% of the companies listed in the same industry.
MPW's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 37.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 24.57 |
4.2 Price Multiples
MPW's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.57 |
4.3 Compensation for Growth
MPW's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MPW's earnings are expected to grow with 27.85% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y43.72%
EPS Next 3Y27.85%
5. Dividend
5.1 Amount
MPW has a Yearly Dividend Yield of 7.44%, which is a nice return.
Compared to an average industry Dividend Yield of 6.46, MPW pays a bit more dividend than its industry peers.
MPW's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.44% |
5.2 History
The dividend of MPW decreases each year by -10.38%.
MPW has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-10.38%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
MPW has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-16.72%
EPS Next 2Y43.72%
EPS Next 3Y27.85%
4.26
-0.06 (-1.39%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners60.69%
Inst Owner Change-0.01%
Ins Owners17.33%
Ins Owner Change10.75%
Market Cap2.56B
Analysts52.22
Price Target5.25 (23.24%)
Short Float %35.27%
Short Ratio20.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.44% |
Yearly Dividend0.54
Dividend Growth(5Y)-10.38%
DP-16.72%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6414.34%
Min EPS beat(2)-11757.5%
Max EPS beat(2)-1071.21%
EPS beat(4)0
Avg EPS beat(4)-3998.5%
Min EPS beat(4)-11757.5%
Max EPS beat(4)-653.07%
EPS beat(8)1
Avg EPS beat(8)-1972.17%
EPS beat(12)3
Avg EPS beat(12)-1334.35%
EPS beat(16)6
Avg EPS beat(16)-987.1%
Revenue beat(2)1
Avg Revenue beat(2)0.96%
Min Revenue beat(2)-3.58%
Max Revenue beat(2)5.51%
Revenue beat(4)2
Avg Revenue beat(4)-0.43%
Min Revenue beat(4)-9.56%
Max Revenue beat(4)5.9%
Revenue beat(8)3
Avg Revenue beat(8)-1.37%
Revenue beat(12)4
Avg Revenue beat(12)-1.93%
Revenue beat(16)6
Avg Revenue beat(16)-1.32%
PT rev (1m)-1.37%
PT rev (3m)-7.89%
EPS NQ rev (1m)16.7%
EPS NQ rev (3m)163.67%
EPS NY rev (1m)-1200%
EPS NY rev (3m)35.61%
Revenue NQ rev (1m)-1.04%
Revenue NQ rev (3m)1.33%
Revenue NY rev (1m)-0.36%
Revenue NY rev (3m)0.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 24.57 | ||
| P/S | 2.7 | ||
| P/FCF | N/A | ||
| P/OCF | 14.92 | ||
| P/B | 0.54 | ||
| P/tB | 0.54 | ||
| EV/EBITDA | 14.57 |
EPS(TTM)-2.77
EYN/A
EPS(NY)0.17
Fwd EY4.07%
FCF(TTM)-0.08
FCFYN/A
OCF(TTM)0.29
OCFY6.7%
SpS1.58
BVpS7.92
TBVpS7.92
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.13% | ||
| ROE | -34.74% | ||
| ROCE | 2.38% | ||
| ROIC | 1.88% | ||
| ROICexc | 1.98% | ||
| ROICexgc | 2.05% | ||
| OM | 35.82% | ||
| PM (TTM) | N/A | ||
| GM | 96.89% | ||
| FCFM | N/A |
ROA(3y)-5.11%
ROA(5y)-1.92%
ROE(3y)-15.57%
ROE(5y)-6.62%
ROIC(3y)2.26%
ROIC(5y)2.99%
ROICexc(3y)2.3%
ROICexc(5y)3.06%
ROICexgc(3y)2.37%
ROICexgc(5y)3.14%
ROCE(3y)2.86%
ROCE(5y)3.79%
ROICexcg growth 3Y-18.25%
ROICexcg growth 5Y-8.72%
ROICexc growth 3Y-18.71%
ROICexc growth 5Y-8.92%
OM growth 3Y-16.71%
OM growth 5Y-10.61%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.03%
GM growth 5Y-0.02%
F-Score5
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.99 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 12.11 | ||
| Cap/Depr | 49.98% | ||
| Cap/Sales | 23.3% | ||
| Interest Coverage | 0.84 | ||
| Cash Conversion | 21.95% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.38 | ||
| Quick Ratio | 2.38 | ||
| Altman-Z | 0 |
F-Score5
WACC6.17%
ROIC/WACC0.31
Cap/Depr(3y)171.64%
Cap/Depr(5y)740.47%
Cap/Sales(3y)50.73%
Cap/Sales(5y)169.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1304.35%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-185.71%
EPS Next Y98.32%
EPS Next 2Y43.72%
EPS Next 3Y27.85%
EPS Next 5YN/A
Revenue 1Y (TTM)19.56%
Revenue growth 3Y-13.62%
Revenue growth 5Y3.11%
Sales Q2Q%-17.51%
Revenue Next Year-2.95%
Revenue Next 2Y1.89%
Revenue Next 3Y2.92%
Revenue Next 5Y-0.37%
EBIT growth 1Y1491.35%
EBIT growth 3Y-28.05%
EBIT growth 5Y-7.83%
EBIT Next Year124.47%
EBIT Next 3Y38.21%
EBIT Next 5YN/A
FCF growth 1Y31.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-75.33%
OCF growth 3Y-32.88%
OCF growth 5Y-13.06%