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RPT REALTY (RPT)

US74971D1019 - REIT

12.21  +0.05 (+0.41%)

After market: 12.21 0 (0%)

Fundamental Rating

3

RPT gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 130 industry peers in the Diversified REITs industry. There are concerns on the financial health of RPT while its profitability can be described as average. RPT is valued expensive and it does not seem to be growing.



5

1. Profitability

1.1 Basic Checks

RPT had positive earnings in the past year.
In the past year RPT had a positive cash flow from operations.
RPT had positive earnings in 4 of the past 5 years.
RPT had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

With a decent Return On Assets value of 2.42%, RPT is doing good in the industry, outperforming 71.09% of the companies in the same industry.
RPT has a Return On Equity of 5.01%. This is in the better half of the industry: RPT outperforms 69.53% of its industry peers.
With a Return On Invested Capital value of 1.32%, RPT is not doing good in the industry: 76.56% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for RPT is in line with the industry average of 2.91%.
The last Return On Invested Capital (1.32%) for RPT is above the 3 year average (1.20%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.42%
ROE 5.01%
ROIC 1.32%
ROA(3y)2.09%
ROA(5y)2.24%
ROE(3y)4.26%
ROE(5y)4.85%
ROIC(3y)1.2%
ROIC(5y)1.64%

1.3 Margins

RPT's Profit Margin of 22.03% is fine compared to the rest of the industry. RPT outperforms 75.00% of its industry peers.
RPT's Profit Margin has improved in the last couple of years.
The Operating Margin of RPT (14.50%) is worse than 65.63% of its industry peers.
RPT's Operating Margin has declined in the last couple of years.
RPT's Gross Margin of 68.94% is in line compared to the rest of the industry. RPT outperforms 52.34% of its industry peers.
RPT's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 14.5%
PM (TTM) 22.03%
GM 68.94%
OM growth 3Y-11.56%
OM growth 5Y-7.74%
PM growth 3Y-0.85%
PM growth 5Y8.49%
GM growth 3Y-0.02%
GM growth 5Y-0.53%

2

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), RPT is destroying value.
The number of shares outstanding for RPT has been increased compared to 1 year ago.
RPT has more shares outstanding than it did 5 years ago.
RPT has a better debt/assets ratio than last year.

2.2 Solvency

Based on the Altman-Z score of 0.42, we must say that RPT is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.42, RPT is not doing good in the industry: 61.72% of the companies in the same industry are doing better.
RPT has a debt to FCF ratio of 16.89. This is a negative value and a sign of low solvency as RPT would need 16.89 years to pay back of all of its debts.
RPT has a Debt to FCF ratio of 16.89. This is in the better half of the industry: RPT outperforms 74.22% of its industry peers.
RPT has a Debt/Equity ratio of 0.92. This is a neutral value indicating RPT is somewhat dependend on debt financing.
RPT's Debt to Equity ratio of 0.92 is fine compared to the rest of the industry. RPT outperforms 60.16% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.92
Debt/FCF 16.89
Altman-Z 0.42
ROIC/WACC0.19
WACC7.04%

2.3 Liquidity

A Current Ratio of 0.26 indicates that RPT may have some problems paying its short term obligations.
RPT has a Current ratio of 0.26. This is amonst the worse of the industry: RPT underperforms 92.97% of its industry peers.
RPT has a Quick Ratio of 0.26. This is a bad value and indicates that RPT is not financially healthy enough and could expect problems in meeting its short term obligations.
RPT has a worse Quick ratio (0.26) than 92.19% of its industry peers.
Industry RankSector Rank
Current Ratio 0.26
Quick Ratio 0.26

3

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 155.00% over the past year.
The Earnings Per Share has been growing slightly by 0.95% on average over the past years.
RPT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -24.61%.
RPT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.87% yearly.
EPS 1Y (TTM)155%
EPS 3Y-4.54%
EPS 5Y0.95%
EPS growth Q2Q-169.23%
Revenue 1Y (TTM)-24.61%
Revenue growth 3Y-2.4%
Revenue growth 5Y-3.87%
Revenue growth Q2Q0.29%

3.2 Future

The Earnings Per Share is expected to decrease by -28.03% on average over the next years. This is quite bad
RPT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.98% yearly.
EPS Next Y-112.77%
EPS Next 2Y-44.47%
EPS Next 3Y-28.03%
EPS Next 5YN/A
Revenue Next Year-6.45%
Revenue Next 2Y-1.25%
Revenue Next 3Y1.42%
Revenue Next 5Y2.98%

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

2

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 23.94 indicates a rather expensive valuation of RPT.
Compared to the rest of the industry, the Price/Earnings ratio of RPT indicates a somewhat cheap valuation: RPT is cheaper than 70.31% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 24.54. RPT is around the same levels.
The Forward Price/Earnings Ratio is negative for RPT. No positive earnings are expected for the next year.
Industry RankSector Rank
PE 23.94
Fwd PE N/A

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RPT indicates a slightly more expensive valuation: RPT is more expensive than 74.22% of the companies listed in the same industry.
70.31% of the companies in the same industry are more expensive than RPT, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 20.83
EV/EBITDA 17.79

4.3 Compensation for Growth

A cheap valuation may be justified as RPT's earnings are expected to decrease with -28.03% in the coming years.
PEG (NY)N/A
PEG (5Y)25.31
EPS Next 2Y-44.47%
EPS Next 3Y-28.03%

5

5. Dividend

5.1 Amount

RPT has a Yearly Dividend Yield of 4.61%, which is a nice return.
Compared to an average industry Dividend Yield of 6.17, RPT has a dividend in line with its industry peers.
RPT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.55.
Industry RankSector Rank
Dividend Yield 4.61%

5.2 History

The dividend of RPT decreases each year by -9.50%.
RPT has paid a dividend for at least 10 years, which is a reliable track record.
RPT has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-9.5%
Div Incr Years3
Div Non Decr Years3

5.3 Sustainability

117.33% of the earnings are spent on dividend by RPT. This is not a sustainable payout ratio.
RPT's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP117.33%
EPS Next 2Y-44.47%
EPS Next 3Y-28.03%

RPT REALTY

NYSE:RPT (12/8/2023, 7:14:08 PM)

After market: 12.21 0 (0%)

12.21

+0.05 (+0.41%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.05B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 4.61%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 23.94
Fwd PE N/A
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)25.31
Profitability
Industry RankSector Rank
ROA 2.42%
ROE 5.01%
ROCE
ROIC
ROICexc
ROICexgc
OM 14.5%
PM (TTM) 22.03%
GM 68.94%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.11
Health
Industry RankSector Rank
Debt/Equity 0.92
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 0.26
Quick Ratio 0.26
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)155%
EPS 3Y-4.54%
EPS 5Y
EPS growth Q2Q
EPS Next Y-112.77%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-24.61%
Revenue growth 3Y-2.4%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y