SITE CENTERS CORP (SITC) Stock Fundamental Analysis
USA - NYSE:SITC - US82981J8514 - REIT
8.72 USD
+0.09 (+1.04%)
8.72 USD
0 (0%)
SITC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 127 industry peers in the Diversified REITs industry. SITC has a medium profitability rating, but doesn't score so well on its financial health evaluation. SITC is valued expensive and it does not seem to be growing. Finally SITC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
SITC had positive earnings in the past year.
SITC had a positive operating cash flow in the past year.
In the past 5 years SITC has always been profitable.
In the past 5 years SITC always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of SITC (36.98%) is better than 100.00% of its industry peers.
SITC's Return On Equity of 72.87% is amongst the best of the industry. SITC outperforms 99.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 36.98% | ||
| ROE | 72.87% | ||
| ROIC | N/A |
ROA(3y)21.72%
ROA(5y)13.64%
ROE(3y)39.54%
ROE(5y)24.91%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of SITC (306.26%) is better than 100.00% of its industry peers.
In the last couple of years the Profit Margin of SITC has grown nicely.
In the last couple of years the Operating Margin of SITC has declined.
Looking at the Gross Margin, with a value of 60.29%, SITC is doing worse than 67.72% of the companies in the same industry.
In the last couple of years the Gross Margin of SITC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 306.26% | ||
| GM | 60.29% |
OM growth 3Y-22.79%
OM growth 5Y-15.86%
PM growth 3Y110.65%
PM growth 5Y73.06%
GM growth 3Y-2.79%
GM growth 5Y-2%
2. Health
2.1 Basic Checks
SITC does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for SITC remains at a similar level compared to 1 year ago.
The number of shares outstanding for SITC has been reduced compared to 5 years ago.
The debt/assets ratio for SITC has been reduced compared to a year ago.
2.2 Solvency
SITC has an Altman-Z score of -4.49. This is a bad value and indicates that SITC is not financially healthy and even has some risk of bankruptcy.
SITC has a Altman-Z score of -4.49. This is amonst the worse of the industry: SITC underperforms 93.70% of its industry peers.
A Debt/Equity ratio of 0.59 indicates that SITC is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.59, SITC belongs to the top of the industry, outperforming 86.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -4.49 |
ROIC/WACCN/A
WACC7.14%
2.3 Liquidity
SITC has a Current Ratio of 0.95. This is a bad value and indicates that SITC is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.95, SITC perfoms like the industry average, outperforming 48.82% of the companies in the same industry.
SITC has a Quick Ratio of 0.95. This is a bad value and indicates that SITC is not financially healthy enough and could expect problems in meeting its short term obligations.
SITC's Quick ratio of 0.95 is in line compared to the rest of the industry. SITC outperforms 50.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The earnings per share for SITC have decreased strongly by -20.28% in the last year.
SITC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 49.14% yearly.
SITC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -81.60%.
SITC shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -11.39% yearly.
EPS 1Y (TTM)-20.28%
EPS 3Y70.65%
EPS 5Y49.14%
EPS Q2Q%-80.18%
Revenue 1Y (TTM)-81.6%
Revenue growth 3Y-19.55%
Revenue growth 5Y-11.39%
Sales Q2Q%-72.74%
3.2 Future
SITC is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -76.33% yearly.
Based on estimates for the next years, SITC will show a quite strong growth in Revenue. The Revenue will grow by 16.28% on average per year.
EPS Next Y-106.28%
EPS Next 2Y-43%
EPS Next 3Y-80.57%
EPS Next 5Y-76.32%
Revenue Next Year-70.25%
Revenue Next 2Y-46.98%
Revenue Next 3Y20.58%
Revenue Next 5Y16.28%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
SITC is valuated cheaply with a Price/Earnings ratio of 1.29.
Based on the Price/Earnings ratio, SITC is valued cheaper than 100.00% of the companies in the same industry.
SITC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.69.
SITC is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.29 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SITC indicates a rather cheap valuation: SITC is cheaper than 82.68% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.25 |
4.3 Compensation for Growth
A cheap valuation may be justified as SITC's earnings are expected to decrease with -80.57% in the coming years.
PEG (NY)N/A
PEG (5Y)0.03
EPS Next 2Y-43%
EPS Next 3Y-80.57%
5. Dividend
5.1 Amount
SITC has a Yearly Dividend Yield of 55.04%, which is a nice return.
In the last 3 months the price of SITC has falen by -20.94%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
SITC's Dividend Yield is rather good when compared to the industry average which is at 6.21. SITC pays more dividend than 100.00% of the companies in the same industry.
SITC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 55.04% |
5.2 History
The dividend of SITC is nicely growing with an annual growth rate of 20.53%!
SITC has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)20.53%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SITC pays out 9.64% of its income as dividend. This is a sustainable payout ratio.
DP9.64%
EPS Next 2Y-43%
EPS Next 3Y-80.57%
8.72
+0.09 (+1.04%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners109.07%
Inst Owner Change0.13%
Ins Owners0.53%
Ins Owner Change0%
Market Cap457.28M
Analysts76
Price Target13.26 (52.06%)
Short Float %7.55%
Short Ratio3.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 55.04% |
Yearly Dividend2.45
Dividend Growth(5Y)20.53%
DP9.64%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)446.27%
Min EPS beat(2)153.48%
Max EPS beat(2)739.07%
EPS beat(4)3
Avg EPS beat(4)1810.46%
Min EPS beat(4)-81.55%
Max EPS beat(4)6430.83%
EPS beat(8)6
Avg EPS beat(8)1869.06%
EPS beat(12)9
Avg EPS beat(12)1310.01%
EPS beat(16)13
Avg EPS beat(16)1059.43%
Revenue beat(2)2
Avg Revenue beat(2)23.29%
Min Revenue beat(2)9.68%
Max Revenue beat(2)36.91%
Revenue beat(4)2
Avg Revenue beat(4)-3.81%
Min Revenue beat(4)-51.75%
Max Revenue beat(4)36.91%
Revenue beat(8)4
Avg Revenue beat(8)-1.9%
Revenue beat(12)7
Avg Revenue beat(12)-0.94%
Revenue beat(16)11
Avg Revenue beat(16)1.08%
PT rev (1m)-0.95%
PT rev (3m)-9.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-40.54%
EPS NY rev (1m)-15.38%
EPS NY rev (3m)-15.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.29 | ||
| Fwd PE | N/A | ||
| P/S | 3.95 | ||
| P/FCF | N/A | ||
| P/OCF | 16.03 | ||
| P/B | 0.94 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 10.25 |
EPS(TTM)6.76
EY77.52%
EPS(NY)-0.44
Fwd EYN/A
FCF(TTM)-2.67
FCFYN/A
OCF(TTM)0.54
OCFY6.24%
SpS2.21
BVpS9.28
TBVpS9.08
PEG (NY)N/A
PEG (5Y)0.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 36.98% | ||
| ROE | 72.87% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 306.26% | ||
| GM | 60.29% | ||
| FCFM | N/A |
ROA(3y)21.72%
ROA(5y)13.64%
ROE(3y)39.54%
ROE(5y)24.91%
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)2.92%
ROCE(5y)3.01%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-22.79%
OM growth 5Y-15.86%
PM growth 3Y110.65%
PM growth 5Y73.06%
GM growth 3Y-2.79%
GM growth 5Y-2%
F-Score5
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.04 | ||
| Cap/Depr | 229.05% | ||
| Cap/Sales | 145.35% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 49.83% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | -4.49 |
F-Score5
WACC7.14%
ROIC/WACCN/A
Cap/Depr(3y)189.02%
Cap/Depr(5y)143.19%
Cap/Sales(3y)85.61%
Cap/Sales(5y)61.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-20.28%
EPS 3Y70.65%
EPS 5Y49.14%
EPS Q2Q%-80.18%
EPS Next Y-106.28%
EPS Next 2Y-43%
EPS Next 3Y-80.57%
EPS Next 5Y-76.32%
Revenue 1Y (TTM)-81.6%
Revenue growth 3Y-19.55%
Revenue growth 5Y-11.39%
Sales Q2Q%-72.74%
Revenue Next Year-70.25%
Revenue Next 2Y-46.98%
Revenue Next 3Y20.58%
Revenue Next 5Y16.28%
EBIT growth 1Y-110.67%
EBIT growth 3Y-37.88%
EBIT growth 5Y-25.44%
EBIT Next Year200.04%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-550.56%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-88.67%
OCF growth 3Y-26.53%
OCF growth 5Y-16.14%