SABRA HEALTH CARE REIT INC (SBRA) Stock Fundamental Analysis
USA - NASDAQ:SBRA - US78573L1061 - REIT
17.47 USD
+0.24 (+1.39%)
17.55 USD
+0.08 (+0.46%)
We assign a fundamental rating of 6 out of 10 to SBRA. SBRA was compared to 127 industry peers in the Diversified REITs industry. SBRA has only an average score on both its financial health and profitability. SBRA is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make SBRA suitable for growth investing!
1. Profitability
1.1 Basic Checks
SBRA had positive earnings in the past year.
SBRA had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: SBRA reported negative net income in multiple years.
Each year in the past 5 years SBRA had a positive operating cash flow.
1.2 Ratios
SBRA has a Return On Assets of 3.42%. This is amongst the best in the industry. SBRA outperforms 80.31% of its industry peers.
SBRA has a better Return On Equity (6.72%) than 77.95% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.11%, SBRA is in the better half of the industry, outperforming 76.38% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SBRA is in line with the industry average of 3.04%.
The last Return On Invested Capital (4.11%) for SBRA is above the 3 year average (3.52%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.42% | ||
| ROE | 6.72% | ||
| ROIC | 4.11% |
ROA(3y)0.43%
ROA(5y)0.34%
ROE(3y)0.86%
ROE(5y)0.66%
ROIC(3y)3.52%
ROIC(5y)3.4%
1.3 Margins
SBRA has a better Profit Margin (24.87%) than 77.17% of its industry peers.
SBRA's Profit Margin has improved in the last couple of years.
The Operating Margin of SBRA (37.04%) is better than 78.74% of its industry peers.
In the last couple of years the Operating Margin of SBRA has declined.
The Gross Margin of SBRA (69.46%) is comparable to the rest of the industry.
SBRA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.04% | ||
| PM (TTM) | 24.87% | ||
| GM | 69.46% |
OM growth 3Y-0.95%
OM growth 5Y-4.46%
PM growth 3YN/A
PM growth 5Y9.21%
GM growth 3Y-4.03%
GM growth 5Y-3.89%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SBRA is destroying value.
Compared to 1 year ago, SBRA has more shares outstanding
The number of shares outstanding for SBRA has been increased compared to 5 years ago.
SBRA has a worse debt/assets ratio than last year.
2.2 Solvency
SBRA has an Altman-Z score of 0.78. This is a bad value and indicates that SBRA is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.78, SBRA is in the better half of the industry, outperforming 67.72% of the companies in the same industry.
The Debt to FCF ratio of SBRA is 13.98, which is on the high side as it means it would take SBRA, 13.98 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SBRA (13.98) is better than 85.04% of its industry peers.
SBRA has a Debt/Equity ratio of 0.91. This is a neutral value indicating SBRA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.91, SBRA is in the better half of the industry, outperforming 64.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 13.98 | ||
| Altman-Z | 0.78 |
ROIC/WACC0.61
WACC6.79%
2.3 Liquidity
A Current Ratio of 2.15 indicates that SBRA has no problem at all paying its short term obligations.
SBRA's Current ratio of 2.15 is amongst the best of the industry. SBRA outperforms 82.68% of its industry peers.
A Quick Ratio of 2.15 indicates that SBRA has no problem at all paying its short term obligations.
SBRA's Quick ratio of 2.15 is amongst the best of the industry. SBRA outperforms 82.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.15 | ||
| Quick Ratio | 2.15 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 261.90% over the past year.
Measured over the past years, SBRA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.28% on average per year.
Looking at the last year, SBRA shows a quite strong growth in Revenue. The Revenue has grown by 9.75% in the last year.
The Revenue has been growing slightly by 3.41% on average over the past years.
EPS 1Y (TTM)261.9%
EPS 3YN/A
EPS 5Y9.28%
EPS Q2Q%170%
Revenue 1Y (TTM)9.75%
Revenue growth 3Y7.31%
Revenue growth 5Y3.41%
Sales Q2Q%7.39%
3.2 Future
SBRA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.42% yearly.
Based on estimates for the next years, SBRA will show a quite strong growth in Revenue. The Revenue will grow by 9.62% on average per year.
EPS Next Y48.74%
EPS Next 2Y23.08%
EPS Next 3Y16.42%
EPS Next 5YN/A
Revenue Next Year7.52%
Revenue Next 2Y8.19%
Revenue Next 3Y9%
Revenue Next 5Y9.62%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 22.99, the valuation of SBRA can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of SBRA indicates a somewhat cheap valuation: SBRA is cheaper than 76.38% of the companies listed in the same industry.
SBRA's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.19.
With a Price/Forward Earnings ratio of 21.76, SBRA is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SBRA indicates a rather cheap valuation: SBRA is cheaper than 89.76% of the companies listed in the same industry.
SBRA's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.50.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.99 | ||
| Fwd PE | 21.76 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SBRA.
Based on the Price/Free Cash Flow ratio, SBRA is valued a bit cheaper than the industry average as 74.80% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.61 | ||
| EV/EBITDA | 14.69 |
4.3 Compensation for Growth
SBRA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SBRA has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SBRA's earnings are expected to grow with 16.42% in the coming years.
PEG (NY)0.47
PEG (5Y)2.48
EPS Next 2Y23.08%
EPS Next 3Y16.42%
5. Dividend
5.1 Amount
SBRA has a Yearly Dividend Yield of 6.59%, which is a nice return.
SBRA's Dividend Yield is a higher than the industry average which is at 6.29.
SBRA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.59% |
5.2 History
The dividend of SBRA decreases each year by -7.34%.
SBRA has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of SBRA decreased recently.
Dividend Growth(5Y)-7.34%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
SBRA pays out 155.77% of its income as dividend. This is not a sustainable payout ratio.
DP155.77%
EPS Next 2Y23.08%
EPS Next 3Y16.42%
17.47
+0.24 (+1.39%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners100.95%
Inst Owner Change0.31%
Ins Owners1.03%
Ins Owner Change3.51%
Market Cap4.19B
Revenue(TTM)733.04M
Net Income(TTM)182.33M
Analysts76
Price Target20.96 (19.98%)
Short Float %8.01%
Short Ratio7.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.59% |
Yearly Dividend1.2
Dividend Growth(5Y)-7.34%
DP155.77%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)23.71%
Min EPS beat(2)-3.84%
Max EPS beat(2)51.26%
EPS beat(4)2
Avg EPS beat(4)10.7%
Min EPS beat(4)-18.65%
Max EPS beat(4)51.26%
EPS beat(8)2
Avg EPS beat(8)-26.88%
EPS beat(12)2
Avg EPS beat(12)-82.02%
EPS beat(16)3
Avg EPS beat(16)-80.22%
Revenue beat(2)2
Avg Revenue beat(2)1.82%
Min Revenue beat(2)0.88%
Max Revenue beat(2)2.77%
Revenue beat(4)4
Avg Revenue beat(4)1.34%
Min Revenue beat(4)0.46%
Max Revenue beat(4)2.77%
Revenue beat(8)7
Avg Revenue beat(8)1.58%
Revenue beat(12)8
Avg Revenue beat(12)0.39%
Revenue beat(16)9
Avg Revenue beat(16)-1.26%
PT rev (1m)0%
PT rev (3m)3.67%
EPS NQ rev (1m)1.59%
EPS NQ rev (3m)2.54%
EPS NY rev (1m)3.97%
EPS NY rev (3m)9.63%
Revenue NQ rev (1m)0.89%
Revenue NQ rev (3m)1.02%
Revenue NY rev (1m)0.82%
Revenue NY rev (3m)1.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.99 | ||
| Fwd PE | 21.76 | ||
| P/S | 5.71 | ||
| P/FCF | 23.61 | ||
| P/OCF | 12.36 | ||
| P/B | 1.54 | ||
| P/tB | 1.56 | ||
| EV/EBITDA | 14.69 |
EPS(TTM)0.76
EY4.35%
EPS(NY)0.8
Fwd EY4.6%
FCF(TTM)0.74
FCFY4.23%
OCF(TTM)1.41
OCFY8.09%
SpS3.06
BVpS11.31
TBVpS11.2
PEG (NY)0.47
PEG (5Y)2.48
Graham Number13.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.42% | ||
| ROE | 6.72% | ||
| ROCE | 5.21% | ||
| ROIC | 4.11% | ||
| ROICexc | 4.19% | ||
| ROICexgc | 4.21% | ||
| OM | 37.04% | ||
| PM (TTM) | 24.87% | ||
| GM | 69.46% | ||
| FCFM | 24.2% |
ROA(3y)0.43%
ROA(5y)0.34%
ROE(3y)0.86%
ROE(5y)0.66%
ROIC(3y)3.52%
ROIC(5y)3.4%
ROICexc(3y)3.55%
ROICexc(5y)3.44%
ROICexgc(3y)3.57%
ROICexgc(5y)3.46%
ROCE(3y)4.45%
ROCE(5y)4.3%
ROICexgc growth 3Y10.05%
ROICexgc growth 5Y1.42%
ROICexc growth 3Y10.2%
ROICexc growth 5Y1.69%
OM growth 3Y-0.95%
OM growth 5Y-4.46%
PM growth 3YN/A
PM growth 5Y9.21%
GM growth 3Y-4.03%
GM growth 5Y-3.89%
F-Score6
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 13.98 | ||
| Debt/EBITDA | 5.59 | ||
| Cap/Depr | 93.8% | ||
| Cap/Sales | 22.02% | ||
| Interest Coverage | 2.61 | ||
| Cash Conversion | 76.37% | ||
| Profit Quality | 97.3% | ||
| Current Ratio | 2.15 | ||
| Quick Ratio | 2.15 | ||
| Altman-Z | 0.78 |
F-Score6
WACC6.79%
ROIC/WACC0.61
Cap/Depr(3y)57.48%
Cap/Depr(5y)56.11%
Cap/Sales(3y)15.43%
Cap/Sales(5y)15.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)261.9%
EPS 3YN/A
EPS 5Y9.28%
EPS Q2Q%170%
EPS Next Y48.74%
EPS Next 2Y23.08%
EPS Next 3Y16.42%
EPS Next 5YN/A
Revenue 1Y (TTM)9.75%
Revenue growth 3Y7.31%
Revenue growth 5Y3.41%
Sales Q2Q%7.39%
Revenue Next Year7.52%
Revenue Next 2Y8.19%
Revenue Next 3Y9%
Revenue Next 5Y9.62%
EBIT growth 1Y14.09%
EBIT growth 3Y6.29%
EBIT growth 5Y-1.21%
EBIT Next Year83.79%
EBIT Next 3Y27.39%
EBIT Next 5Y19.52%
FCF growth 1Y-12.79%
FCF growth 3Y-12.17%
FCF growth 5Y-11.54%
OCF growth 1Y7.68%
OCF growth 3Y-4.49%
OCF growth 5Y-3.57%
SABRA HEALTH CARE REIT INC / SBRA FAQ
What is the ChartMill fundamental rating of SABRA HEALTH CARE REIT INC (SBRA) stock?
ChartMill assigns a fundamental rating of 6 / 10 to SBRA.
What is the valuation status for SBRA stock?
ChartMill assigns a valuation rating of 5 / 10 to SABRA HEALTH CARE REIT INC (SBRA). This can be considered as Fairly Valued.
How profitable is SABRA HEALTH CARE REIT INC (SBRA) stock?
SABRA HEALTH CARE REIT INC (SBRA) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for SBRA stock?
The Price/Earnings (PE) ratio for SABRA HEALTH CARE REIT INC (SBRA) is 22.99 and the Price/Book (PB) ratio is 1.54.
Can you provide the financial health for SBRA stock?
The financial health rating of SABRA HEALTH CARE REIT INC (SBRA) is 6 / 10.