SITE CENTERS CORP (SITC) Stock Fundamental Analysis
NYSE:SITC - New York Stock Exchange, Inc. - US82981J8514 - REIT - Currency: USD
SITC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 129 industry peers in the Diversified REITs industry. While SITC belongs to the best of the industry regarding profitability, there are concerns on its financial health. SITC has a decent growth rate and is not valued too expensively. Finally SITC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year SITC was profitable.
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
SITC's Return On Assets of 55.59% is amongst the best of the industry. SITC outperforms 100.00% of its industry peers.
The Return On Equity of SITC (99.46%) is better than 100.00% of its industry peers.
SITC has a Return On Invested Capital of 3.99%. This is in the better half of the industry: SITC outperforms 75.19% of its industry peers.
SITC had an Average Return On Invested Capital over the past 3 years of 2.31%. This is in line with the industry average of 3.15%.
The 3 year average ROIC (2.31%) for SITC is below the current ROIC(3.99%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 55.59% | ||
| ROE | 99.46% | ||
| ROIC | 3.99% |
ROA(3y)21.72%
ROA(5y)13.64%
ROE(3y)39.54%
ROE(5y)24.91%
ROIC(3y)2.31%
ROIC(5y)2.38%
1.3 Margins
The Profit Margin of SITC (161.46%) is better than 100.00% of its industry peers.
In the last couple of years the Profit Margin of SITC has grown nicely.
Looking at the Operating Margin, with a value of 12.97%, SITC is doing worse than 70.54% of the companies in the same industry.
In the last couple of years the Operating Margin of SITC has declined.
SITC's Gross Margin of 66.41% is in line compared to the rest of the industry. SITC outperforms 49.61% of its industry peers.
In the last couple of years the Gross Margin of SITC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.97% | ||
| PM (TTM) | 161.46% | ||
| GM | 66.41% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SITC is destroying value.
Compared to 1 year ago, SITC has about the same amount of shares outstanding.
The number of shares outstanding for SITC has been reduced compared to 5 years ago.
Compared to 1 year ago, SITC has an improved debt to assets ratio.
2.2 Solvency
SITC has an Altman-Z score of -3.85. 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 -3.85. This is amonst the worse of the industry: SITC underperforms 93.80% of its industry peers.
SITC has a Debt/Equity ratio of 0.58. This is a neutral value indicating SITC is somewhat dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.58, SITC belongs to the best of the industry, outperforming 85.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -3.85 |
ROIC/WACC0.53
WACC7.47%
2.3 Liquidity
A Current Ratio of 0.81 indicates that SITC may have some problems paying its short term obligations.
With a Current ratio value of 0.81, SITC perfoms like the industry average, outperforming 41.86% of the companies in the same industry.
A Quick Ratio of 0.81 indicates that SITC may have some problems paying its short term obligations.
The Quick ratio of SITC (0.81) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
SITC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 152.94%, which is quite impressive.
The Earnings Per Share has been growing by 49.14% on average over the past years. This is a very strong growth
Looking at the last year, SITC shows a very negative growth in Revenue. The Revenue has decreased by -39.57% in the last year.
The Revenue for SITC have been decreasing by -11.39% on average. This is quite bad
EPS 1Y (TTM)152.94%
EPS 3Y70.65%
EPS 5Y49.14%
EPS Q2Q%111.54%
Revenue 1Y (TTM)-39.57%
Revenue growth 3Y-19.55%
Revenue growth 5Y-11.39%
Sales Q2Q%-66.55%
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-105.76%
EPS Next 2Y-43%
EPS Next 3Y-80.57%
EPS Next 5Y-76.32%
Revenue Next Year-73.99%
Revenue Next 2Y-44.89%
Revenue Next 3Y20.58%
Revenue Next 5Y16.28%
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 1.12, the valuation of SITC can be described as very cheap.
SITC's Price/Earnings ratio is rather cheap when compared to the industry. SITC is cheaper than 99.22% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.60. SITC is valued rather cheaply when compared to this.
SITC is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.12 | ||
| Fwd PE | N/A |
4.2 Price Multiples
SITC's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SITC is cheaper than 99.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.08 |
4.3 Compensation for Growth
The decent profitability rating of SITC may justify a higher PE ratio.
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)0.02
EPS Next 2Y-43%
EPS Next 3Y-80.57%
5. Dividend
5.1 Amount
SITC has a Yearly Dividend Yield of 17.84%, which is a nice return.
Compared to an average industry Dividend Yield of 6.75, SITC pays a better dividend. On top of this SITC pays more dividend than 96.90% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, SITC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.84% |
5.2 History
On average, the dividend of SITC grows each year by 20.53%, which is quite nice.
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
12.45% of the earnings are spent on dividend by SITC. This is a low number and sustainable payout ratio.
DP12.45%
EPS Next 2Y-43%
EPS Next 3Y-80.57%
NYSE:SITC (6/13/2025, 10:39:02 AM)
11.515
-0.37 (-3.07%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners113.32%
Inst Owner Change-3.8%
Ins Owners0.84%
Ins Owner Change-1.14%
Market Cap603.85M
Analysts74.55
Price Target15.68 (36.17%)
Short Float %4.41%
Short Ratio2.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.84% |
Yearly Dividend2.45
Dividend Growth(5Y)20.53%
DP12.45%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)35.96%
Min EPS beat(2)-81.55%
Max EPS beat(2)153.48%
EPS beat(4)3
Avg EPS beat(4)2342.6%
Min EPS beat(4)-81.55%
Max EPS beat(4)6430.83%
EPS beat(8)5
Avg EPS beat(8)1767.75%
EPS beat(12)9
Avg EPS beat(12)1298.14%
EPS beat(16)13
Avg EPS beat(16)1039.15%
Revenue beat(2)1
Avg Revenue beat(2)-7.42%
Min Revenue beat(2)-51.75%
Max Revenue beat(2)36.91%
Revenue beat(4)1
Avg Revenue beat(4)-6.59%
Min Revenue beat(4)-51.75%
Max Revenue beat(4)36.91%
Revenue beat(8)4
Avg Revenue beat(8)-3.01%
Revenue beat(12)7
Avg Revenue beat(12)-1.24%
Revenue beat(16)11
Avg Revenue beat(16)8.1%
PT rev (1m)-1.6%
PT rev (3m)-8.48%
EPS NQ rev (1m)37.66%
EPS NQ rev (3m)36.63%
EPS NY rev (1m)43.1%
EPS NY rev (3m)41.64%
Revenue NQ rev (1m)-0.78%
Revenue NQ rev (3m)-57.36%
Revenue NY rev (1m)-1.01%
Revenue NY rev (3m)-51.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.12 | ||
| Fwd PE | N/A | ||
| P/S | 1.89 | ||
| P/FCF | N/A | ||
| P/OCF | 7.76 | ||
| P/B | 1.16 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 6.08 |
EPS(TTM)10.32
EY89.62%
EPS(NY)-0.44
Fwd EYN/A
FCF(TTM)-3.29
FCFYN/A
OCF(TTM)1.48
OCFY12.89%
SpS6.1
BVpS9.91
TBVpS9.69
PEG (NY)N/A
PEG (5Y)0.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 55.59% | ||
| ROE | 99.46% | ||
| ROCE | 5.05% | ||
| ROIC | 3.99% | ||
| ROICexc | 4.3% | ||
| ROICexgc | 4.38% | ||
| OM | 12.97% | ||
| PM (TTM) | 161.46% | ||
| GM | 66.41% | ||
| FCFM | N/A |
ROA(3y)21.72%
ROA(5y)13.64%
ROE(3y)39.54%
ROE(5y)24.91%
ROIC(3y)2.31%
ROIC(5y)2.38%
ROICexc(3y)2.48%
ROICexc(5y)2.5%
ROICexgc(3y)2.55%
ROICexgc(5y)2.56%
ROCE(3y)2.92%
ROCE(5y)3.01%
ROICexcg growth 3Y4.71%
ROICexcg growth 5Y2.93%
ROICexc growth 3Y4.91%
ROICexc growth 5Y2.84%
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-Score6
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.12 | ||
| Cap/Depr | 247.76% | ||
| Cap/Sales | 78.18% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 54.61% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | -3.85 |
F-Score6
WACC7.47%
ROIC/WACC0.53
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)152.94%
EPS 3Y70.65%
EPS 5Y49.14%
EPS Q2Q%111.54%
EPS Next Y-105.76%
EPS Next 2Y-43%
EPS Next 3Y-80.57%
EPS Next 5Y-76.32%
Revenue 1Y (TTM)-39.57%
Revenue growth 3Y-19.55%
Revenue growth 5Y-11.39%
Sales Q2Q%-66.55%
Revenue Next Year-73.99%
Revenue Next 2Y-44.89%
Revenue Next 3Y20.58%
Revenue Next 5Y16.28%
EBIT growth 1Y-64.53%
EBIT growth 3Y-37.88%
EBIT growth 5Y-25.44%
EBIT Next Year292.74%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-78.09%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-68.8%
OCF growth 3Y-26.53%
OCF growth 5Y-16.14%