UDR INC (UDR) Stock Fundamental Analysis
USA - NYSE:UDR - US9026531049 - REIT
36.31 USD
-0.29 (-0.79%)
36.31 USD
0 (0%)
Overall UDR gets a fundamental rating of 4 out of 10. We evaluated UDR against 20 industry peers in the Residential REITs industry. While UDR is still in line with the averages on profitability rating, there are concerns on its financial health. UDR has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years UDR has been profitable.
Each year in the past 5 years UDR had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.19%, UDR is in line with its industry, outperforming 55.00% of the companies in the same industry.
UDR has a Return On Equity (3.82%) which is in line with its industry peers.
The Return On Invested Capital of UDR (2.42%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for UDR is in line with the industry average of 2.59%.
The last Return On Invested Capital (2.42%) for UDR is above the 3 year average (2.04%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.19% | ||
| ROE | 3.82% | ||
| ROIC | 2.42% |
ROA(3y)1.8%
ROA(5y)1.47%
ROE(3y)5.16%
ROE(5y)4.32%
ROIC(3y)2.04%
ROIC(5y)1.66%
1.3 Margins
Looking at the Profit Margin, with a value of 7.52%, UDR is in line with its industry, outperforming 55.00% of the companies in the same industry.
In the last couple of years the Profit Margin of UDR has declined.
UDR's Operating Margin of 17.89% is on the low side compared to the rest of the industry. UDR is outperformed by 60.00% of its industry peers.
UDR's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 65.38%, UDR belongs to the top of the industry, outperforming 95.00% of the companies in the same industry.
UDR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.89% | ||
| PM (TTM) | 7.52% | ||
| GM | 65.38% |
OM growth 3Y17.2%
OM growth 5Y-2.06%
PM growth 3Y-23.44%
PM growth 5Y-20.24%
GM growth 3Y0.34%
GM growth 5Y-0.92%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UDR is destroying value.
The number of shares outstanding for UDR has been reduced compared to 1 year ago.
Compared to 5 years ago, UDR has more shares outstanding
The debt/assets ratio for UDR is higher compared to a year ago.
2.2 Solvency
UDR has an Altman-Z score of 0.57. This is a bad value and indicates that UDR is not financially healthy and even has some risk of bankruptcy.
UDR has a worse Altman-Z score (0.57) than 60.00% of its industry peers.
The Debt to FCF ratio of UDR is 10.26, which is on the high side as it means it would take UDR, 10.26 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of UDR (10.26) is better than 85.00% of its industry peers.
A Debt/Equity ratio of 1.68 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 1.68, UDR is doing worse than 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.68 | ||
| Debt/FCF | 10.26 | ||
| Altman-Z | 0.57 |
ROIC/WACC0.36
WACC6.65%
2.3 Liquidity
UDR has a Current Ratio of 0.00. This is a bad value and indicates that UDR is not financially healthy enough and could expect problems in meeting its short term obligations.
UDR has a Current ratio of 0.00. This is amonst the worse of the industry: UDR underperforms 95.00% of its industry peers.
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 95.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0 | ||
| Quick Ratio | 0 |
3. Growth
3.1 Past
UDR shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.32%.
The earnings per share for UDR have been decreasing by -16.61% on average. This is quite bad
Looking at the last year, UDR shows a small growth in Revenue. The Revenue has grown by 2.29% in the last year.
UDR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.73% yearly.
EPS 1Y (TTM)-7.32%
EPS 3Y-19.54%
EPS 5Y-16.61%
EPS Q2Q%37.5%
Revenue 1Y (TTM)2.29%
Revenue growth 3Y9.01%
Revenue growth 5Y7.73%
Sales Q2Q%2.34%
3.2 Future
UDR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 42.56% yearly.
The Revenue is expected to grow by 4.10% on average over the next years.
EPS Next Y140.09%
EPS Next 2Y56.7%
EPS Next 3Y42.56%
EPS Next 5YN/A
Revenue Next Year2.38%
Revenue Next 2Y2.88%
Revenue Next 3Y3.3%
Revenue Next 5Y4.1%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 95.55, the valuation of UDR can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of UDR is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.67. UDR is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 59.15 indicates a quite expensive valuation of UDR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of UDR is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.33, UDR is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 95.55 | ||
| Fwd PE | 59.15 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as UDR.
Based on the Price/Free Cash Flow ratio, UDR is valued cheaper than 90.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.38 | ||
| EV/EBITDA | 17.9 |
4.3 Compensation for Growth
UDR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
UDR's earnings are expected to grow with 42.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.68
PEG (5Y)N/A
EPS Next 2Y56.7%
EPS Next 3Y42.56%
5. Dividend
5.1 Amount
UDR has a Yearly Dividend Yield of 4.79%, which is a nice return.
Compared to an average industry Dividend Yield of 7.16, UDR pays a bit more dividend than its industry peers.
UDR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.79% |
5.2 History
The dividend of UDR has a limited annual growth rate of 4.23%.
UDR has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.23%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
446.97% of the earnings are spent on dividend by UDR. This is not a sustainable payout ratio.
The dividend of UDR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP446.97%
EPS Next 2Y56.7%
EPS Next 3Y42.56%
36.31
-0.29 (-0.79%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners102.52%
Inst Owner Change0.06%
Ins Owners0.48%
Ins Owner Change0.93%
Market Cap12.03B
Revenue(TTM)1.69B
Net Income(TTM)127.14M
Analysts68.89
Price Target44.75 (23.24%)
Short Float %2.74%
Short Ratio3.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.79% |
Yearly Dividend1.67
Dividend Growth(5Y)4.23%
DP446.97%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)41.39%
Min EPS beat(2)-14.02%
Max EPS beat(2)96.8%
EPS beat(4)1
Avg EPS beat(4)-22.26%
Min EPS beat(4)-130.25%
Max EPS beat(4)96.8%
EPS beat(8)2
Avg EPS beat(8)-12.51%
EPS beat(12)4
Avg EPS beat(12)54.1%
EPS beat(16)7
Avg EPS beat(16)65.79%
Revenue beat(2)0
Avg Revenue beat(2)-0.88%
Min Revenue beat(2)-1%
Max Revenue beat(2)-0.77%
Revenue beat(4)0
Avg Revenue beat(4)-0.95%
Min Revenue beat(4)-1.02%
Max Revenue beat(4)-0.77%
Revenue beat(8)0
Avg Revenue beat(8)-0.95%
Revenue beat(12)1
Avg Revenue beat(12)-0.94%
Revenue beat(16)3
Avg Revenue beat(16)-0.53%
PT rev (1m)0%
PT rev (3m)-4.36%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.88%
EPS NY rev (1m)3.58%
EPS NY rev (3m)2.02%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)0.31%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 95.55 | ||
| Fwd PE | 59.15 | ||
| P/S | 7.12 | ||
| P/FCF | 21.38 | ||
| P/OCF | 13.71 | ||
| P/B | 3.62 | ||
| P/tB | 3.62 | ||
| EV/EBITDA | 17.9 |
EPS(TTM)0.38
EY1.05%
EPS(NY)0.61
Fwd EY1.69%
FCF(TTM)1.7
FCFY4.68%
OCF(TTM)2.65
OCFY7.29%
SpS5.1
BVpS10.03
TBVpS10.03
PEG (NY)0.68
PEG (5Y)N/A
Graham Number9.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.19% | ||
| ROE | 3.82% | ||
| ROCE | 3.13% | ||
| ROIC | 2.42% | ||
| ROICexc | 2.42% | ||
| ROICexgc | 2.48% | ||
| OM | 17.89% | ||
| PM (TTM) | 7.52% | ||
| GM | 65.38% | ||
| FCFM | 33.3% |
ROA(3y)1.8%
ROA(5y)1.47%
ROE(3y)5.16%
ROE(5y)4.32%
ROIC(3y)2.04%
ROIC(5y)1.66%
ROICexc(3y)2.04%
ROICexc(5y)1.66%
ROICexgc(3y)2.08%
ROICexgc(5y)1.7%
ROCE(3y)2.67%
ROCE(5y)2.17%
ROICexgc growth 3Y28%
ROICexgc growth 5Y3.06%
ROICexc growth 3Y28.08%
ROICexc growth 5Y3.08%
OM growth 3Y17.2%
OM growth 5Y-2.06%
PM growth 3Y-23.44%
PM growth 5Y-20.24%
GM growth 3Y0.34%
GM growth 5Y-0.92%
F-Score4
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.68 | ||
| Debt/FCF | 10.26 | ||
| Debt/EBITDA | 5.67 | ||
| Cap/Depr | 45.9% | ||
| Cap/Sales | 18.6% | ||
| Interest Coverage | 1.58 | ||
| Cash Conversion | 88.84% | ||
| Profit Quality | 442.73% | ||
| Current Ratio | 0 | ||
| Quick Ratio | 0 | ||
| Altman-Z | 0.57 |
F-Score4
WACC6.65%
ROIC/WACC0.36
Cap/Depr(3y)77.75%
Cap/Depr(5y)120.71%
Cap/Sales(3y)33.77%
Cap/Sales(5y)56.24%
Profit Quality(3y)255.8%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.32%
EPS 3Y-19.54%
EPS 5Y-16.61%
EPS Q2Q%37.5%
EPS Next Y140.09%
EPS Next 2Y56.7%
EPS Next 3Y42.56%
EPS Next 5YN/A
Revenue 1Y (TTM)2.29%
Revenue growth 3Y9.01%
Revenue growth 5Y7.73%
Sales Q2Q%2.34%
Revenue Next Year2.38%
Revenue Next 2Y2.88%
Revenue Next 3Y3.3%
Revenue Next 5Y4.1%
EBIT growth 1Y6.58%
EBIT growth 3Y27.76%
EBIT growth 5Y5.51%
EBIT Next Year234.49%
EBIT Next 3Y53%
EBIT Next 5Y38.82%
FCF growth 1Y52.65%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y5.45%
OCF growth 3Y9.71%
OCF growth 5Y6.81%