0.2 USD
-0.04 (-16.98%)
0.2687 USD
+0.07 (+34.35%)
Taking everything into account, OPI scores 2 out of 10 in our fundamental rating. OPI was compared to 128 industry peers in the Diversified REITs industry. Both the profitability and financial health of OPI have multiple concerns. OPI does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
OPI had negative earnings in the past year.
In the past year OPI had a positive cash flow from operations.
OPI had negative earnings in 4 of the past 5 years.
OPI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -8.26%, OPI is not doing good in the industry: 86.05% of the companies in the same industry are doing better.
With a Return On Equity value of -27.59%, OPI is not doing good in the industry: 85.27% of the companies in the same industry are doing better.
With a Return On Invested Capital value of 1.51%, OPI is not doing good in the industry: 75.97% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for OPI is in line with the industry average of 3.05%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.26% | ||
| ROE | -27.59% | ||
| ROIC | 1.51% |
ROA(3y)-1.82%
ROA(5y)-1.1%
ROE(3y)-5.93%
ROE(5y)-3.59%
ROIC(3y)2.1%
ROIC(5y)2.13%
1.3 Margins
The Operating Margin of OPI (14.06%) is worse than 68.22% of its industry peers.
In the last couple of years the Operating Margin of OPI has remained more or less at the same level.
The Gross Margin of OPI (62.98%) is worse than 61.24% of its industry peers.
In the last couple of years the Gross Margin of OPI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.06% | ||
| PM (TTM) | N/A | ||
| GM | 62.98% |
OM growth 3Y-0.97%
OM growth 5Y-1.08%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.46%
GM growth 5Y-1.48%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so OPI is destroying value.
OPI has more shares outstanding than it did 1 year ago.
OPI has more shares outstanding than it did 5 years ago.
OPI has a worse debt/assets ratio than last year.
2.2 Solvency
OPI has an Altman-Z score of -0.39. This is a bad value and indicates that OPI is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of OPI (-0.39) is worse than 84.50% of its industry peers.
A Debt/Equity ratio of 2.22 is on the high side and indicates that OPI has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.22, OPI is doing worse than 72.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.39 |
ROIC/WACC0.33
WACC4.56%
2.3 Liquidity
OPI has a Current Ratio of 2.01. This indicates that OPI is financially healthy and has no problem in meeting its short term obligations.
OPI has a Current ratio of 2.01. This is in the better half of the industry: OPI outperforms 79.84% of its industry peers.
OPI has a Quick Ratio of 2.01. This indicates that OPI is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.01, OPI is doing good in the industry, outperforming 79.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 2.01 |
3. Growth
3.1 Past
The earnings per share for OPI have decreased strongly by -129.65% in the last year.
OPI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.24% yearly.
The Revenue for OPI has decreased by -30.27% in the past year. This is quite bad
The Revenue has been decreasing by -5.85% on average over the past years.
EPS 1Y (TTM)-129.65%
EPS 3YN/A
EPS 5Y1.24%
EPS Q2Q%-91.67%
Revenue 1Y (TTM)-30.27%
Revenue growth 3Y-4.51%
Revenue growth 5Y-5.85%
Sales Q2Q%-7.43%
3.2 Future
OPI is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -167.50% yearly.
OPI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -6.28% yearly.
EPS Next Y-573.34%
EPS Next 2Y-167.5%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-11.89%
Revenue Next 2Y-6.28%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for OPI. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for OPI. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OPI is valued cheaply inside the industry as 82.95% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.77 |
4.3 Compensation for Growth
A cheap valuation may be justified as OPI's earnings are expected to decrease with -167.50% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-167.5%
EPS Next 3YN/A
5. Dividend
5.1 Amount
OPI has a Yearly Dividend Yield of 40.87%, which is a nice return.
The stock price of OPI dropped by -28.77% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
OPI's Dividend Yield is rather good when compared to the industry average which is at 6.59. OPI pays more dividend than 98.45% of the companies in the same industry.
OPI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 40.87% |
5.2 History
The dividend of OPI decreases each year by -56.49%.
OPI has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-56.49%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
OPI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
OPI's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-0.84%
EPS Next 2Y-167.5%
EPS Next 3YN/A
0.2
-0.04 (-16.98%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners26.86%
Inst Owner Change-45.68%
Ins Owners0.83%
Ins Owner Change0%
Market Cap14.80M
Revenue(TTM)466.97M
Net Income(TTM)-294.10M
Analysts46.67
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 40.87% |
Yearly Dividend0.03
Dividend Growth(5Y)-56.49%
DP-0.84%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)112.39%
Min EPS beat(2)108.49%
Max EPS beat(2)116.29%
EPS beat(4)3
Avg EPS beat(4)71.3%
Min EPS beat(4)-98.02%
Max EPS beat(4)158.43%
EPS beat(8)6
Avg EPS beat(8)170.05%
EPS beat(12)8
Avg EPS beat(12)132.03%
EPS beat(16)9
Avg EPS beat(16)73.31%
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.03 | ||
| P/FCF | N/A | ||
| P/OCF | 1.19 | ||
| P/B | 0.01 | ||
| P/tB | 0.01 | ||
| EV/EBITDA | 9.77 |
EPS(TTM)-0.59
EYN/A
EPS(NY)-3.45
Fwd EYN/A
FCF(TTM)-1.02
FCFYN/A
OCF(TTM)0.17
OCFY84.34%
SpS6.31
BVpS14.41
TBVpS14.41
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.26% | ||
| ROE | -27.59% | ||
| ROCE | 1.91% | ||
| ROIC | 1.51% | ||
| ROICexc | 1.54% | ||
| ROICexgc | 1.55% | ||
| OM | 14.06% | ||
| PM (TTM) | N/A | ||
| GM | 62.98% | ||
| FCFM | N/A |
ROA(3y)-1.82%
ROA(5y)-1.1%
ROE(3y)-5.93%
ROE(5y)-3.59%
ROIC(3y)2.1%
ROIC(5y)2.13%
ROICexc(3y)2.15%
ROICexc(5y)2.17%
ROICexgc(3y)2.16%
ROICexgc(5y)2.18%
ROCE(3y)2.66%
ROCE(5y)2.69%
ROICexgc growth 3Y-0.4%
ROICexgc growth 5Y-4.17%
ROICexc growth 3Y-0.44%
ROICexc growth 5Y-4.15%
OM growth 3Y-0.97%
OM growth 5Y-1.08%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.46%
GM growth 5Y-1.48%
F-Score3
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 10.04 | ||
| Cap/Depr | 51.83% | ||
| Cap/Sales | 18.87% | ||
| Interest Coverage | 0.4 | ||
| Cash Conversion | 5.3% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 2.01 | ||
| Altman-Z | -0.39 |
F-Score3
WACC4.56%
ROIC/WACC0.33
Cap/Depr(3y)92.41%
Cap/Depr(5y)121.7%
Cap/Sales(3y)34.95%
Cap/Sales(5y)48.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-129.65%
EPS 3YN/A
EPS 5Y1.24%
EPS Q2Q%-91.67%
EPS Next Y-573.34%
EPS Next 2Y-167.5%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-30.27%
Revenue growth 3Y-4.51%
Revenue growth 5Y-5.85%
Sales Q2Q%-7.43%
Revenue Next Year-11.89%
Revenue Next 2Y-6.28%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-50.44%
EBIT growth 3Y-5.43%
EBIT growth 5Y-6.86%
EBIT Next Year206.7%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y7.49%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-92.74%
OCF growth 3Y-32.82%
OCF growth 5Y-20.78%
OFFICE PROPERTIES INCOME TRU / OPI FAQ
What is the ChartMill fundamental rating of OFFICE PROPERTIES INCOME TRU (OPI) stock?
ChartMill assigns a fundamental rating of 2 / 10 to OPI.
What is the valuation status of OFFICE PROPERTIES INCOME TRU (OPI) stock?
ChartMill assigns a valuation rating of 1 / 10 to OFFICE PROPERTIES INCOME TRU (OPI). This can be considered as Overvalued.
How profitable is OFFICE PROPERTIES INCOME TRU (OPI) stock?
OFFICE PROPERTIES INCOME TRU (OPI) has a profitability rating of 2 / 10.
How sustainable is the dividend of OFFICE PROPERTIES INCOME TRU (OPI) stock?
The dividend rating of OFFICE PROPERTIES INCOME TRU (OPI) is 5 / 10 and the dividend payout ratio is -0.84%.