STORE CAPITAL CORP (STOR) Stock Fundamental Analysis
USA - NYSE:STOR - US8621211007 - REIT
32.21 USD
0 (0%)
32.22 USD
+0.01 (+0.03%)
Overall STOR gets a fundamental rating of 4 out of 10. We evaluated STOR against 128 industry peers in the Diversified REITs industry. There are concerns on the financial health of STOR while its profitability can be described as average. While showing a medium growth rate, STOR is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year STOR was profitable.
STOR had a positive operating cash flow in the past year.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.05%, STOR is in the better half of the industry, outperforming 64.86% of the companies in the same industry.
With a Return On Equity value of 6.00%, STOR perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
STOR has a Return On Invested Capital of 3.88%. This is in the better half of the industry: STOR outperforms 76.22% of its industry peers.
STOR had an Average Return On Invested Capital over the past 3 years of 3.62%. This is in line with the industry average of 3.04%.
The last Return On Invested Capital (3.88%) for STOR is above the 3 year average (3.62%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 6% | ||
| ROIC | 3.88% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)3.62%
ROIC(5y)N/A
1.3 Margins
STOR has a better Profit Margin (36.21%) than 78.92% of its industry peers.
In the last couple of years the Profit Margin of STOR has remained more or less at the same level.
STOR has a better Operating Margin (56.56%) than 94.05% of its industry peers.
In the last couple of years the Operating Margin of STOR has declined.
STOR has a Gross Margin of 98.30%. This is amongst the best in the industry. STOR outperforms 98.38% of its industry peers.
STOR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 56.56% | ||
| PM (TTM) | 36.21% | ||
| GM | 98.3% |
OM growth 3Y-2.49%
OM growth 5Y-1.76%
PM growth 3Y-5.13%
PM growth 5Y0.94%
GM growth 3Y-0.52%
GM growth 5Y-0.26%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so STOR is destroying value.
Compared to 1 year ago, STOR has more shares outstanding
STOR has a worse debt/assets ratio than last year.
2.2 Solvency
STOR has an Altman-Z score of 1.18. This is a bad value and indicates that STOR is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.18, STOR is in the better half of the industry, outperforming 71.89% of the companies in the same industry.
STOR has a Debt/Equity ratio of 0.91. This is a neutral value indicating STOR is somewhat dependend on debt financing.
STOR has a Debt to Equity ratio of 0.91. This is in the better half of the industry: STOR outperforms 60.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.18 |
ROIC/WACC0.5
WACC7.77%
2.3 Liquidity
A Current Ratio of 0.15 indicates that STOR may have some problems paying its short term obligations.
STOR has a worse Current ratio (0.15) than 91.35% of its industry peers.
STOR has a Quick Ratio of 0.15. This is a bad value and indicates that STOR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.15, STOR is not doing good in the industry: 89.73% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 30.77% over the past year.
The Earnings Per Share has been growing slightly by 3.30% on average over the past years.
The Revenue has grown by 18.66% in the past year. This is quite good.
Measured over the past years, STOR shows a quite strong growth in Revenue. The Revenue has been growing by 15.77% on average per year.
EPS 1Y (TTM)30.77%
EPS 3Y-1.92%
EPS 5Y3.3%
EPS Q2Q%-3.57%
Revenue 1Y (TTM)18.66%
Revenue growth 3Y13.11%
Revenue growth 5Y15.77%
Sales Q2Q%15.78%
3.2 Future
STOR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.47% yearly.
STOR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.06% yearly.
EPS Next Y21.09%
EPS Next 2Y8.84%
EPS Next 3Y7.56%
EPS Next 5Y4.47%
Revenue Next Year16.47%
Revenue Next 2Y11.8%
Revenue Next 3Y9.82%
Revenue Next 5Y13.06%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 27.07, the valuation of STOR can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of STOR indicates a somewhat cheap valuation: STOR is cheaper than 65.95% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of STOR to the average of the S&P500 Index (25.56), we can say STOR is valued inline with the index average.
The Price/Forward Earnings ratio is 27.19, which means the current valuation is very expensive for STOR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of STOR indicates a somewhat cheap valuation: STOR is cheaper than 79.46% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of STOR to the average of the S&P500 Index (34.62), we can say STOR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.07 | ||
| Fwd PE | 27.19 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as STOR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.41 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.28
PEG (5Y)8.19
EPS Next 2Y8.84%
EPS Next 3Y7.56%
5. Dividend
5.1 Amount
STOR has a Yearly Dividend Yield of 5.10%, which is a nice return.
Compared to an average industry Dividend Yield of 6.49, STOR pays a bit more dividend than its industry peers.
STOR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.1% |
5.2 History
The dividend of STOR has a limited annual growth rate of 5.75%.
STOR has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)5.75%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
133.45% of the earnings are spent on dividend by STOR. This is not a sustainable payout ratio.
STOR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP133.45%
EPS Next 2Y8.84%
EPS Next 3Y7.56%
32.21
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change0%
Ins Owners0.53%
Ins Owner Change0%
Market Cap9.11B
Revenue(TTM)885.68M
Net Income(TTM)320.71M
Analysts54.12
Price Target32.3 (0.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.1% |
Yearly Dividend1.49
Dividend Growth(5Y)5.75%
DP133.45%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.66%
Min EPS beat(2)-5.46%
Max EPS beat(2)14.78%
EPS beat(4)3
Avg EPS beat(4)9.41%
Min EPS beat(4)-5.46%
Max EPS beat(4)20.66%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)6.91%
Min Revenue beat(2)6.25%
Max Revenue beat(2)7.56%
Revenue beat(4)4
Avg Revenue beat(4)8.39%
Min Revenue beat(4)6.25%
Max Revenue beat(4)10.76%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.48%
PT rev (3m)2.81%
EPS NQ rev (1m)-0.71%
EPS NQ rev (3m)-0.71%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.24%
Revenue NQ rev (1m)0.72%
Revenue NQ rev (3m)0.72%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.07 | ||
| Fwd PE | 27.19 | ||
| P/S | 10.28 | ||
| P/FCF | N/A | ||
| P/OCF | 13.59 | ||
| P/B | 1.7 | ||
| P/tB | 1.7 | ||
| EV/EBITDA | 17.41 |
EPS(TTM)1.19
EY3.69%
EPS(NY)1.18
Fwd EY3.68%
FCF(TTM)-3.02
FCFYN/A
OCF(TTM)2.37
OCFY7.36%
SpS3.13
BVpS18.91
TBVpS18.91
PEG (NY)1.28
PEG (5Y)8.19
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 6% | ||
| ROCE | N/A | ||
| ROIC | 3.88% | ||
| ROICexc | 3.9% | ||
| ROICexgc | 3.96% | ||
| OM | 56.56% | ||
| PM (TTM) | 36.21% | ||
| GM | 98.3% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)3.62%
ROIC(5y)N/A
ROICexc(3y)3.58%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-0.5%
ROICexgc growth 5Y-0.7%
ROICexc growth 3Y-0.58%
ROICexc growth 5Y-0.69%
OM growth 3Y-2.49%
OM growth 5Y-1.76%
PM growth 3Y-5.13%
PM growth 5Y0.94%
GM growth 3Y-0.52%
GM growth 5Y-0.26%
F-Score7
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.07 | ||
| Cap/Depr | 511.87% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 | ||
| Altman-Z | 1.18 |
F-Score7
WACC7.77%
ROIC/WACC0.5
Cap/Depr(3y)516.79%
Cap/Depr(5y)654.4%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)30.77%
EPS 3Y-1.92%
EPS 5Y3.3%
EPS Q2Q%-3.57%
EPS Next Y21.09%
EPS Next 2Y8.84%
EPS Next 3Y7.56%
EPS Next 5Y4.47%
Revenue 1Y (TTM)18.66%
Revenue growth 3Y13.11%
Revenue growth 5Y15.77%
Sales Q2Q%15.78%
Revenue Next Year16.47%
Revenue Next 2Y11.8%
Revenue Next 3Y9.82%
Revenue Next 5Y13.06%
EBIT growth 1Y27.04%
EBIT growth 3Y10.3%
EBIT growth 5Y13.74%
EBIT Next Year103.06%
EBIT Next 3Y35.52%
EBIT Next 5Y28.17%
FCF growth 1Y-49.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y59.04%
OCF growth 3Y14.2%
OCF growth 5Y18.82%
STORE CAPITAL CORP / STOR FAQ
What is the ChartMill fundamental rating of STORE CAPITAL CORP (STOR) stock?
ChartMill assigns a fundamental rating of 4 / 10 to STOR.
What is the valuation status for STOR stock?
ChartMill assigns a valuation rating of 3 / 10 to STORE CAPITAL CORP (STOR). This can be considered as Overvalued.
How profitable is STORE CAPITAL CORP (STOR) stock?
STORE CAPITAL CORP (STOR) has a profitability rating of 3 / 10.
What is the earnings growth outlook for STORE CAPITAL CORP?
The Earnings per Share (EPS) of STORE CAPITAL CORP (STOR) is expected to grow by 21.09% in the next year.
How sustainable is the dividend of STORE CAPITAL CORP (STOR) stock?
The dividend rating of STORE CAPITAL CORP (STOR) is 6 / 10 and the dividend payout ratio is 133.45%.