UDR INC (UDR)
US9026531049 - REIT
UDR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 20 industry peers in the Residential REITs industry. UDR has an excellent profitability rating, but there are concerns on its financial health. UDR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year UDR was profitable.
UDR had a positive operating cash flow in the past year.
UDR had positive earnings in each of the past 5 years.
In the past 5 years UDR always reported a positive cash flow from operatings.
1.2 Ratios
UDR's Return On Assets of 4.04% is fine compared to the rest of the industry. UDR outperforms 70.00% of its industry peers.
UDR has a Return On Equity of 11.52%. This is amongst the best in the industry. UDR outperforms 90.00% of its industry peers.
With a Return On Invested Capital value of 2.15%, UDR perfoms like the industry average, outperforming 45.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for UDR is in line with the industry average of 2.59%.
The 3 year average ROIC (1.65%) for UDR is below the current ROIC(2.15%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.04% | ||
| ROE | 11.52% | ||
| ROIC | 2.15% |
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
With an excellent Profit Margin value of 27.51%, UDR belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
UDR's Profit Margin has improved in the last couple of years.
UDR has a Operating Margin of 17.41%. This is comparable to the rest of the industry: UDR outperforms 45.00% of its industry peers.
UDR's Operating Margin has declined in the last couple of years.
UDR has a Gross Margin of 65.37%. This is amongst the best in the industry. UDR outperforms 90.00% of its industry peers.
UDR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.41% | ||
| PM (TTM) | 27.51% | ||
| GM | 65.37% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UDR is destroying value.
Compared to 1 year ago, UDR has more shares outstanding
Compared to 5 years ago, UDR has more shares outstanding
UDR has a worse debt/assets ratio than last year.
2.2 Solvency
UDR has an Altman-Z score of 0.77. This is a bad value and indicates that UDR is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.77, UDR is doing worse than 60.00% of the companies in the same industry.
UDR has a debt to FCF ratio of 16.03. This is a negative value and a sign of low solvency as UDR would need 16.03 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 16.03, UDR is doing good in the industry, outperforming 70.00% of the companies in the same industry.
UDR has a Debt/Equity ratio of 1.45. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.45, UDR is doing worse than 65.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 16.03 | ||
| Altman-Z | 0.77 |
ROIC/WACC0.3
WACC7.05%
2.3 Liquidity
A Current Ratio of 0.00 indicates that UDR may have some problems paying 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's Quick ratio of 0.00 is on the low side compared to the rest of the industry. UDR is outperformed by 95.00% 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 335.48%, which is quite impressive.
The Earnings Per Share has been growing by 12.27% on average over the past years. This is quite good.
The Revenue has been growing slightly by 5.25% in the past 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)335.48%
EPS 3Y87.58%
EPS 5Y12.27%
EPS Q2Q%30%
Revenue 1Y (TTM)5.25%
Revenue growth 3Y9.45%
Revenue growth 5Y9.23%
Sales Q2Q%3.35%
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 -21.18% on average per year.
The Revenue is expected to grow by 2.85% on average over the next years.
EPS Next Y-68.63%
EPS Next 2Y-38.22%
EPS Next 3Y-21.18%
EPS Next 5YN/A
Revenue Next Year2.81%
Revenue Next 2Y3.04%
Revenue Next 3Y3.48%
Revenue Next 5Y2.85%
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
UDR is valuated quite expensively with a Price/Earnings ratio of 30.57.
75.00% of the companies in the same industry are more expensive than UDR, based on the Price/Earnings ratio.
UDR is valuated rather expensively when we compare the Price/Earnings ratio to 24.41, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 81.93, which means the current valuation is very expensive for UDR.
UDR's Price/Forward Earnings is on the same level as the industry average.
UDR is valuated expensively when we compare the Price/Forward Earnings ratio to 20.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.57 | ||
| Fwd PE | 81.93 |
4.2 Price Multiples
UDR's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, UDR is valued cheaper than 85.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.8 | ||
| EV/EBITDA | 19.17 |
4.3 Compensation for Growth
UDR has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as UDR's earnings are expected to decrease with -21.18% in the coming years.
PEG (NY)N/A
PEG (5Y)2.49
EPS Next 2Y-38.22%
EPS Next 3Y-21.18%
5. Dividend
5.1 Amount
UDR has a Yearly Dividend Yield of 4.08%, which is a nice return.
Compared to an average industry Dividend Yield of 4.10, UDR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.30, UDR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.08% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.91%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
123.53% of the earnings are spent on dividend by UDR. 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.
DP123.53%
EPS Next 2Y-38.22%
EPS Next 3Y-21.18%
UDR INC
NYSE:UDR (7/26/2024, 7:04:16 PM)
After market: 41.27 0 (0%)41.27
+0.6 (+1.48%)
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 Cap13.59B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.08% |
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 | 30.57 | ||
| Fwd PE | 81.93 | ||
| 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)2.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.04% | ||
| ROE | 11.52% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 17.41% | ||
| PM (TTM) | 27.51% | ||
| GM | 65.37% | ||
| 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 Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)335.48%
EPS 3Y87.58%
EPS 5Y
EPS Q2Q%
EPS Next Y-68.63%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5.25%
Revenue growth 3Y9.45%
Revenue growth 5Y
Sales 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