UDR INC (UDR)
US9026531049 - REIT
UDR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 21 industry peers in the Residential REITs industry. UDR scores excellent on profitability, but there are concerns on its financial health. UDR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
UDR had positive earnings in the past year.
In the past year UDR had a positive cash flow from operations.
UDR had positive earnings in each of the past 5 years.
UDR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of UDR (3.86%) is better than 66.67% of its industry peers.
UDR's Return On Equity of 11.01% is amongst the best of the industry. UDR outperforms 90.48% of its industry peers.
UDR has a Return On Invested Capital of 2.13%. This is comparable to the rest of the industry: UDR outperforms 52.38% of its industry peers.
The Average Return On Invested Capital over the past 3 years for UDR is in line with the industry average of 2.53%.
The 3 year average ROIC (1.65%) for UDR is below the current ROIC(2.13%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | 11.01% | ||
| ROIC | 2.13% |
ROA(3y)1.99%
ROA(5y)1.69%
ROE(3y)5.75%
ROE(5y)4.9%
ROIC(3y)1.65%
ROIC(5y)1.6%
1.3 Margins
UDR's Profit Margin of 27.00% is amongst the best of the industry. UDR outperforms 85.71% of its industry peers.
UDR's Profit Margin has improved in the last couple of years.
The Operating Margin of UDR (17.63%) is comparable to the rest of the industry.
UDR's Operating Margin has declined in the last couple of years.
UDR has a Gross Margin of 65.68%. This is amongst the best in the industry. UDR outperforms 85.71% of its industry peers.
In the last couple of years the Gross Margin of UDR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.63% | ||
| PM (TTM) | 27% | ||
| GM | 65.68% |
OM growth 3Y18.35%
OM growth 5Y-3.5%
PM growth 3Y77.44%
PM growth 5Y7.25%
GM growth 3Y-0.37%
GM growth 5Y-0.61%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UDR is destroying value.
UDR has more shares outstanding than it did 1 year ago.
The number of shares outstanding for UDR has been increased compared to 5 years ago.
The debt/assets ratio for UDR is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.68, we must say that UDR is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of UDR (0.68) is worse than 61.90% of its industry peers.
UDR has a debt to FCF ratio of 16.78. This is a negative value and a sign of low solvency as UDR would need 16.78 years to pay back of all of its debts.
The Debt to FCF ratio of UDR (16.78) is better than 71.43% of its industry peers.
A Debt/Equity ratio of 1.43 is on the high side and indicates that UDR has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.43, UDR is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 16.78 | ||
| Altman-Z | 0.68 |
ROIC/WACC0.3
WACC7.2%
2.3 Liquidity
A Current Ratio of 0.00 indicates that UDR may have some problems paying its short term obligations.
With a Current ratio value of 0.00, UDR is not doing good in the industry: 95.24% of the companies in the same industry are doing better.
A Quick Ratio of 0.00 indicates that UDR may have some problems paying its short term obligations.
UDR has a Quick ratio of 0.00. This is amonst the worse of the industry: UDR underperforms 95.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0 | ||
| Quick Ratio | 0 |
3. Growth
3.1 Past
UDR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 428.00%, which is quite impressive.
The Earnings Per Share has been growing by 12.27% on average over the past years. This is quite good.
Looking at the last year, UDR shows a small growth in Revenue. The Revenue has grown by 7.26% in the last year.
UDR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.23% yearly.
EPS 1Y (TTM)428%
EPS 3Y87.58%
EPS 5Y12.27%
EPS growth Q2Q-23.08%
Revenue 1Y (TTM)7.26%
Revenue growth 3Y9.45%
Revenue growth 5Y9.23%
Revenue growth Q2Q3.41%
3.2 Future
Based on estimates for the next years, UDR will show a very negative growth in Earnings Per Share. The EPS will decrease by -23.36% on average per year.
UDR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.40% yearly.
EPS Next Y-71.41%
EPS Next 2Y-41.56%
EPS Next 3Y-23.36%
EPS Next 5YN/A
Revenue Next Year2.2%
Revenue Next 2Y2.71%
Revenue Next 3Y2.1%
Revenue Next 5Y4.4%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 28.77, the valuation of UDR can be described as expensive.
85.71% of the companies in the same industry are more expensive than UDR, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of UDR to the average of the S&P500 Index (25.20), we can say UDR is valued inline with the index average.
The Price/Forward Earnings ratio is 100.62, which means the current valuation is very expensive for UDR.
UDR's Price/Forward Earnings ratio is in line with the industry average.
UDR's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 21.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.77 | ||
| Fwd PE | 100.62 |
4.2 Price Multiples
61.90% of the companies in the same industry are more expensive than UDR, based on the Enterprise Value to EBITDA ratio.
UDR's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. UDR is cheaper than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.18 | ||
| EV/EBITDA | 18.25 |
4.3 Compensation for Growth
The decent profitability rating of UDR may justify a higher PE ratio.
UDR's earnings are expected to decrease with -23.36% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)2.34
EPS Next 2Y-41.56%
EPS Next 3Y-23.36%
5. Dividend
5.1 Amount
UDR has a Yearly Dividend Yield of 4.75%, which is a nice return.
UDR's Dividend Yield is a higher than the industry average which is at 4.61.
Compared to an average S&P500 Dividend Yield of 2.44, UDR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.75% |
5.2 History
The dividend of UDR has a limited annual growth rate of 4.91%.
UDR has been paying a dividend for at least 10 years, so it has a reliable track record.
UDR has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.91%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
UDR pays out 123.92% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of UDR has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP123.92%
EPS Next 2Y-41.56%
EPS Next 3Y-23.36%
UDR INC
NYSE:UDR (4/25/2024, 7:22:31 PM)
After market: 37.97 0 (0%)37.97
+0.08 (+0.21%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap12.50B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.75% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.77 | ||
| Fwd PE | 100.62 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)2.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | 11.01% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 17.63% | ||
| PM (TTM) | 27% | ||
| GM | 65.68% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0 | ||
| Quick Ratio | 0 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)428%
EPS 3Y87.58%
EPS 5Y
EPS growth Q2Q
EPS Next Y-71.41%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)7.26%
Revenue growth 3Y9.45%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y