SITE CENTERS CORP (SITC) Stock Fundamental Analysis
NYSE:SITC - New York Stock Exchange, Inc. - US82981J8514 - REIT - Currency: USD
We assign a fundamental rating of 5 out of 10 to SITC. SITC was compared to 130 industry peers in the Diversified REITs industry. SITC scores excellent on profitability, but there are concerns on its financial health. SITC has a correct valuation and a medium growth rate. SITC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year SITC was profitable.
In the past year SITC had a positive cash flow from operations.
In the past 5 years SITC has always been profitable.
SITC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SITC has a Return On Assets of 55.59%. This is amongst the best in the industry. SITC outperforms 100.00% of its industry peers.
SITC has a Return On Equity of 99.46%. This is amongst the best in the industry. SITC outperforms 100.00% of its industry peers.
SITC has a better Return On Invested Capital (3.99%) than 74.62% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SITC is in line with the industry average of 3.16%.
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
SITC has a better Profit Margin (161.46%) than 100.00% of its industry peers.
SITC's Profit Margin has improved in the last couple of years.
SITC has a worse Operating Margin (12.97%) than 70.77% of its industry peers.
In the last couple of years the Operating Margin of SITC has declined.
SITC has a Gross Margin (66.41%) which is comparable to the rest of the industry.
SITC's Gross Margin has declined in the last couple of years.
| 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.
The debt/assets ratio for SITC has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -3.88, 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 -3.88, SITC is doing worse than 93.85% of the companies in the same industry.
A Debt/Equity ratio of 0.58 indicates that 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 85.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -3.88 |
ROIC/WACC0.53
WACC7.54%
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 41.54% of the companies in the same industry.
SITC has a Quick Ratio of 0.81. 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 (0.81) 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.
SITC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 49.14% yearly.
The Revenue for SITC has decreased by -39.57% in the past year. This is quite bad
Measured over the past years, SITC shows a very negative growth in Revenue. The Revenue has been decreasing by -11.39% on average per year.
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
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.
The Revenue is expected to grow by 16.28% on average over the next years. This is quite good.
EPS Next Y-105.45%
EPS Next 2Y-43%
EPS Next 3Y-80.57%
EPS Next 5Y-76.32%
Revenue Next Year-71.77%
Revenue Next 2Y-45.32%
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.
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 1.11, the valuation of SITC can be described as very cheap.
Based on the Price/Earnings ratio, SITC is valued cheaper than 99.23% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.41, SITC is valued rather cheaply.
The Forward Price/Earnings Ratio is negative for SITC. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.11 | ||
| 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 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.93 |
4.3 Compensation for Growth
The decent profitability rating of SITC may justify a higher PE ratio.
SITC's earnings are expected to decrease with -80.57% in the coming years. This may justify a cheaper valuation.
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 13.09%, which is a nice return.
Compared to an average industry Dividend Yield of 6.44, SITC pays a better dividend. On top of this SITC pays more dividend than 96.15% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, SITC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.09% |
5.2 History
The dividend of SITC is nicely growing with an annual growth rate of 20.53%!
SITC has been paying a dividend for at least 10 years, so it has 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 (7/14/2025, 10:14:39 AM)
11.43
-0.03 (-0.26%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners112.98%
Inst Owner Change0%
Ins Owners0.52%
Ins Owner Change0.18%
Market Cap599.39M
Analysts74.55
Price Target14.66 (28.26%)
Short Float %5.74%
Short Ratio3.12
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.09% |
Yearly Dividend2.45
Dividend Growth(5Y)20.53%
DP12.45%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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)-6.5%
PT rev (3m)-10.16%
EPS NQ rev (1m)15.63%
EPS NQ rev (3m)47.4%
EPS NY rev (1m)5.45%
EPS NY rev (3m)64.14%
Revenue NQ rev (1m)3.64%
Revenue NQ rev (3m)2.83%
Revenue NY rev (1m)8.53%
Revenue NY rev (3m)-3.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.11 | ||
| Fwd PE | N/A | ||
| P/S | 1.87 | ||
| P/FCF | N/A | ||
| P/OCF | 7.7 | ||
| P/B | 1.15 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 5.93 |
EPS(TTM)10.32
EY90.29%
EPS(NY)-0.44
Fwd EYN/A
FCF(TTM)-3.29
FCFYN/A
OCF(TTM)1.48
OCFY12.98%
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 | -3.88 |
F-Score6
WACC7.54%
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-105.45%
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-71.77%
Revenue Next 2Y-45.32%
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%