SITE CENTERS CORP (SITC) Stock Fundamental Analysis
NYSE:SITC - US82981J8514 - REIT
9.34 USD
-0.02 (-0.21%)
9.34 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to SITC. SITC was compared to 129 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 has a expensive valuation and it also scores bad on growth. SITC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
SITC had positive earnings in the past year.
In the past year SITC had a positive cash flow from operations.
In the past 5 years SITC has always been profitable.
Each year in the past 5 years SITC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 36.98%, SITC belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 72.87%, SITC belongs to the top of the industry, outperforming 99.22% of the companies in the same industry.
| 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
SITC's Profit Margin of 306.26% is amongst the best of the industry. SITC outperforms 100.00% of its industry peers.
SITC's Profit Margin has improved in the last couple of years.
In the last couple of years the Operating Margin of SITC has declined.
With a Gross Margin value of 60.29%, SITC is not doing good in the industry: 68.22% of the companies in the same industry are doing better.
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.
Compared to 1 year ago, SITC has about the same amount of shares outstanding.
Compared to 5 years ago, SITC has less shares outstanding
The debt/assets ratio for SITC has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -4.44, we must say that SITC is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -4.44, SITC is doing worse than 93.02% of the companies in the same industry.
A Debt/Equity ratio of 0.59 indicates that SITC is somewhat dependend on debt financing.
SITC has a Debt to Equity ratio of 0.59. This is amongst the best in the industry. SITC outperforms 86.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -4.44 |
ROIC/WACCN/A
WACC7.46%
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 48.06% 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.
The Quick ratio of SITC (0.95) is comparable to the rest of the industry.
| 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.
Looking at the last year, SITC shows a very negative growth in Revenue. The Revenue has decreased by -81.60% in the last year.
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
Based on estimates for the next years, SITC will show a very negative growth in Earnings Per Share. The EPS will decrease by -76.33% on average per year.
SITC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.28% yearly.
EPS Next Y-105.45%
EPS Next 2Y-43%
EPS Next 3Y-80.57%
EPS Next 5Y-76.32%
Revenue Next Year-72.52%
Revenue Next 2Y-46.98%
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.
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
The Price/Earnings ratio is 1.38, which indicates a rather cheap valuation of SITC.
100.00% of the companies in the same industry are more expensive than SITC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of SITC to the average of the S&P500 Index (27.06), we can say SITC is valued rather cheaply.
SITC is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.38 | ||
| Fwd PE | N/A |
4.2 Price Multiples
SITC's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SITC is cheaper than 79.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.92 |
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 38.68%, which is a nice return.
In the last 3 months the price of SITC has falen by -21.18%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 6.14, SITC pays a better dividend. On top of this SITC pays more dividend than 100.00% of the companies listed in the same industry.
SITC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 38.68% |
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%
9.34
-0.02 (-0.21%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners112.19%
Inst Owner Change-1.53%
Ins Owners0.53%
Ins Owner Change0.19%
Market Cap489.79M
Analysts74.55
Price Target14.66 (56.96%)
Short Float %4.6%
Short Ratio1.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 38.68% |
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%
PT rev (3m)-8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)20.43%
EPS NY rev (1m)0%
EPS NY rev (3m)5.45%
Revenue NQ rev (1m)-4.17%
Revenue NQ rev (3m)-60.18%
Revenue NY rev (1m)-2.66%
Revenue NY rev (3m)4.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.38 | ||
| Fwd PE | N/A | ||
| P/S | 4.23 | ||
| P/FCF | N/A | ||
| P/OCF | 17.17 | ||
| P/B | 1.01 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | 10.92 |
EPS(TTM)6.76
EY72.38%
EPS(NY)-0.44
Fwd EYN/A
FCF(TTM)-2.67
FCFYN/A
OCF(TTM)0.54
OCFY5.83%
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 | -4.44 |
F-Score5
WACC7.46%
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-105.45%
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-72.52%
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 Year348.19%
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%