SITE CENTERS CORP (SITC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SITC - US82981J8514 - REIT
7.07 USD
+0.28 (+4.12%)
7.06 USD
-0.01 (-0.14%)
Overall SITC gets a fundamental rating of 4 out of 10. We evaluated SITC against 128 industry peers in the Diversified REITs industry. SITC has only an average score on both its financial health and profitability. SITC has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
SITC had positive earnings in the past year.
SITC had a negative operating cash flow in the past year.
SITC had positive earnings in each of the past 5 years.
SITC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of SITC (4.38%) is better than 92.19% of its industry peers.
SITC has a Return On Equity of 9.30%. This is amongst the best in the industry. SITC outperforms 85.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.38% | ||
| ROE | 9.3% | ||
| 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 has a Profit Margin of 54.97%. This is amongst the best in the industry. SITC outperforms 98.44% 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.
SITC has a Gross Margin of 48.16%. This is in the lower half of the industry: SITC underperforms 78.91% of its industry peers.
SITC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 54.97% | ||
| GM | 48.16% |
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.
Compared to 5 years ago, SITC has less shares outstanding
Compared to 1 year ago, SITC has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -7.23, we must say that SITC is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SITC (-7.23) is worse than 92.97% of its industry peers.
SITC has a Debt/Equity ratio of 0.81. This is a neutral value indicating SITC is somewhat dependend on debt financing.
SITC has a Debt to Equity ratio of 0.81. This is in the better half of the industry: SITC outperforms 73.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -7.23 |
ROIC/WACCN/A
WACC7.13%
2.3 Liquidity
A Current Ratio of 1.49 indicates that SITC should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.49, SITC is doing good in the industry, outperforming 67.19% of the companies in the same industry.
A Quick Ratio of 1.49 indicates that SITC should not have too much problems paying its short term obligations.
SITC has a better Quick ratio (1.49) than 67.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.49 |
3. Growth
3.1 Past
The earnings per share for SITC have decreased strongly by -95.90% in the last year.
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 -90.94% 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)-95.9%
EPS 3Y70.65%
EPS 5Y49.14%
EPS Q2Q%-102.14%
Revenue 1Y (TTM)-90.94%
Revenue growth 3Y-19.55%
Revenue growth 5Y-11.39%
Sales Q2Q%-73.33%
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-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
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
SITC is valuated correctly with a Price/Earnings ratio of 12.63.
Based on the Price/Earnings ratio, SITC is valued cheaply inside the industry as 93.75% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 25.47, 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 | 12.63 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SITC is valued expensively inside the industry as 92.97% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 28.28 |
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)0.26
EPS Next 2Y-43%
EPS Next 3Y-80.57%
5. Dividend
5.1 Amount
SITC has a Yearly Dividend Yield of 81.33%, which is a nice return.
The stock price of SITC dropped by -42.05% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
SITC's Dividend Yield is rather good when compared to the industry average which is at 6.59. 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 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 81.33% |
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
SITC pays out 887.67% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of SITC has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP887.67%
EPS Next 2Y-43%
EPS Next 3Y-80.57%
7.07
+0.28 (+4.12%)
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 Change-0.56%
Ins Owners0.53%
Ins Owner Change0%
Market Cap370.75M
Revenue(TTM)52.13M
Net Income(TTM)28.66M
Analysts76
Price Target10.33 (46.11%)
Short Float %5.92%
Short Ratio2.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 81.33% |
Yearly Dividend2.45
Dividend Growth(5Y)20.53%
DP887.67%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)395.03%
Min EPS beat(2)50.98%
Max EPS beat(2)739.07%
EPS beat(4)3
Avg EPS beat(4)215.49%
Min EPS beat(4)-81.55%
Max EPS beat(4)739.07%
EPS beat(8)6
Avg EPS beat(8)1695.35%
EPS beat(12)9
Avg EPS beat(12)1254.51%
EPS beat(16)13
Avg EPS beat(16)1050.48%
Revenue beat(2)1
Avg Revenue beat(2)1.24%
Min Revenue beat(2)-7.2%
Max Revenue beat(2)9.68%
Revenue beat(4)2
Avg Revenue beat(4)-3.09%
Min Revenue beat(4)-51.75%
Max Revenue beat(4)36.91%
Revenue beat(8)3
Avg Revenue beat(8)-3.27%
Revenue beat(12)6
Avg Revenue beat(12)-1.71%
Revenue beat(16)10
Avg Revenue beat(16)0.09%
PT rev (1m)-22.12%
PT rev (3m)-29.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-33.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-15.38%
Revenue NQ rev (1m)4.5%
Revenue NQ rev (3m)-0.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.63 | ||
| Fwd PE | N/A | ||
| P/S | 7.11 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.2 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | 28.28 |
EPS(TTM)0.56
EY7.92%
EPS(NY)-0.44
Fwd EYN/A
FCF(TTM)-0.25
FCFYN/A
OCF(TTM)-0.06
OCFYN/A
SpS0.99
BVpS5.88
TBVpS5.69
PEG (NY)N/A
PEG (5Y)0.26
Graham Number8.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.38% | ||
| ROE | 9.3% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 54.97% | ||
| GM | 48.16% | ||
| 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%
ROICexgc growth 3YN/A
ROICexgc 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-Score2
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 14.32 | ||
| Cap/Depr | 20.5% | ||
| Cap/Sales | 19.66% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.49 | ||
| Altman-Z | -7.23 |
F-Score2
WACC7.13%
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)-95.9%
EPS 3Y70.65%
EPS 5Y49.14%
EPS Q2Q%-102.14%
EPS Next Y-106.28%
EPS Next 2Y-43%
EPS Next 3Y-80.57%
EPS Next 5Y-76.32%
Revenue 1Y (TTM)-90.94%
Revenue growth 3Y-19.55%
Revenue growth 5Y-11.39%
Sales Q2Q%-73.33%
Revenue Next Year-70.25%
Revenue Next 2Y-46.98%
Revenue Next 3Y20.58%
Revenue Next 5Y16.28%
EBIT growth 1Y-125.91%
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-146.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-101.26%
OCF growth 3Y-26.53%
OCF growth 5Y-16.14%
SITE CENTERS CORP / SITC FAQ
What is the fundamental rating for SITC stock?
ChartMill assigns a fundamental rating of 4 / 10 to SITC.
Can you provide the valuation status for SITE CENTERS CORP?
ChartMill assigns a valuation rating of 2 / 10 to SITE CENTERS CORP (SITC). This can be considered as Overvalued.
How profitable is SITE CENTERS CORP (SITC) stock?
SITE CENTERS CORP (SITC) has a profitability rating of 5 / 10.
Can you provide the financial health for SITC stock?
The financial health rating of SITE CENTERS CORP (SITC) is 4 / 10.
How sustainable is the dividend of SITE CENTERS CORP (SITC) stock?
The dividend rating of SITE CENTERS CORP (SITC) is 6 / 10 and the dividend payout ratio is 887.67%.