URBAN EDGE PROPERTIES (UE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UE - US91704F1049 - REIT
19.04 USD
+0.46 (+2.48%)
19.04 USD
0 (0%)
Overall UE gets a fundamental rating of 4 out of 10. We evaluated UE against 128 industry peers in the Diversified REITs industry. While UE is still in line with the averages on profitability rating, there are concerns on its financial health. UE is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
UE had positive earnings in the past year.
In the past year UE had a positive cash flow from operations.
Each year in the past 5 years UE has been profitable.
Each year in the past 5 years UE had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 3.34%, UE is doing good in the industry, outperforming 79.69% of the companies in the same industry.
With an excellent Return On Equity value of 8.57%, UE belongs to the best of the industry, outperforming 82.81% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.96%, UE is in line with its industry, outperforming 57.03% of the companies in the same industry.
UE had an Average Return On Invested Capital over the past 3 years of 2.82%. This is in line with the industry average of 3.04%.
The 3 year average ROIC (2.82%) for UE is below the current ROIC(2.96%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.34% | ||
| ROE | 8.57% | ||
| ROIC | 2.96% |
ROA(3y)3.77%
ROA(5y)3.59%
ROE(3y)10.66%
ROE(5y)10.42%
ROIC(3y)2.82%
ROIC(5y)2.86%
1.3 Margins
Looking at the Profit Margin, with a value of 23.71%, UE is in the better half of the industry, outperforming 75.78% of the companies in the same industry.
In the last couple of years the Profit Margin of UE has declined.
Looking at the Operating Margin, with a value of 25.77%, UE is in line with its industry, outperforming 56.25% of the companies in the same industry.
UE's Operating Margin has declined in the last couple of years.
UE has a Gross Margin of 65.94%. This is comparable to the rest of the industry: UE outperforms 46.09% of its industry peers.
UE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.77% | ||
| PM (TTM) | 23.71% | ||
| GM | 65.94% |
OM growth 3Y-14.67%
OM growth 5Y-6.33%
PM growth 3Y-12.28%
PM growth 5Y-10.41%
GM growth 3Y-0.98%
GM growth 5Y-0.1%
2. Health
2.1 Basic Checks
UE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, UE has more shares outstanding
The number of shares outstanding for UE has been increased compared to 5 years ago.
UE has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.02, we must say that UE is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 1.02, UE is doing good in the industry, outperforming 77.34% of the companies in the same industry.
UE has a Debt/Equity ratio of 1.26. This is a high value indicating a heavy dependency on external financing.
UE has a Debt to Equity ratio (1.26) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.02 |
ROIC/WACC0.44
WACC6.7%
2.3 Liquidity
A Current Ratio of 1.37 indicates that UE should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.37, UE is doing good in the industry, outperforming 64.84% of the companies in the same industry.
UE has a Quick Ratio of 1.37. This is a normal value and indicates that UE is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.37, UE is in the better half of the industry, outperforming 65.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
UE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -77.68%.
UE shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.10% yearly.
UE shows a small growth in Revenue. In the last year, the Revenue has grown by 5.29%.
Measured over the past years, UE shows a small growth in Revenue. The Revenue has been growing by 2.80% on average per year.
EPS 1Y (TTM)-77.68%
EPS 3Y-12.48%
EPS 5Y-8.1%
EPS Q2Q%71.43%
Revenue 1Y (TTM)5.29%
Revenue growth 3Y1.53%
Revenue growth 5Y2.8%
Sales Q2Q%7.01%
3.2 Future
Based on estimates for the next years, UE will show a decrease in Earnings Per Share. The EPS will decrease by -6.05% on average per year.
The Revenue is expected to grow by 0.49% on average over the next years.
EPS Next Y-46.32%
EPS Next 2Y-20.72%
EPS Next 3Y-6.05%
EPS Next 5YN/A
Revenue Next Year6.92%
Revenue Next 2Y0.78%
Revenue Next 3Y0.49%
Revenue Next 5YN/A
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 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 38.08, the valuation of UE can be described as expensive.
UE's Price/Earnings ratio is a bit cheaper when compared to the industry. UE is cheaper than 60.16% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.45. UE is valued slightly more expensive when compared to this.
With a Price/Forward Earnings ratio of 51.35, UE can be considered very expensive at the moment.
UE's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of UE to the average of the S&P500 Index (34.46), we can say UE is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.08 | ||
| Fwd PE | 51.35 |
4.2 Price Multiples
UE's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.38 |
4.3 Compensation for Growth
The decent profitability rating of UE may justify a higher PE ratio.
UE's earnings are expected to decrease with -6.05% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-20.72%
EPS Next 3Y-6.05%
5. Dividend
5.1 Amount
UE has a Yearly Dividend Yield of 3.98%. Purely for dividend investing, there may be better candidates out there.
UE's Dividend Yield is slightly below the industry average, which is at 6.50.
Compared to an average S&P500 Dividend Yield of 2.45, UE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.98% |
5.2 History
The dividend of UE decreases each year by -5.42%.
UE has been paying a dividend for at least 10 years, so it has a reliable track record.
UE has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-5.42%
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
UE pays out 83.62% of its income as dividend. This is not a sustainable payout ratio.
UE's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP83.62%
EPS Next 2Y-20.72%
EPS Next 3Y-6.05%
19.04
+0.46 (+2.48%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners100.18%
Inst Owner Change0.04%
Ins Owners0.1%
Ins Owner Change0%
Market Cap2.40B
Revenue(TTM)468.74M
Net Income(TTM)111.16M
Analysts81.33
Price Target23.31 (22.43%)
Short Float %3.61%
Short Ratio5.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.98% |
Yearly Dividend0.68
Dividend Growth(5Y)-5.42%
DP83.62%
Div Incr Years1
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.93%
Min EPS beat(2)-24.49%
Max EPS beat(2)22.64%
EPS beat(4)3
Avg EPS beat(4)43.78%
Min EPS beat(4)-24.49%
Max EPS beat(4)141.04%
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)1
Avg Revenue beat(2)-2.05%
Min Revenue beat(2)-4.51%
Max Revenue beat(2)0.41%
Revenue beat(4)2
Avg Revenue beat(4)-1.44%
Min Revenue beat(4)-4.51%
Max Revenue beat(4)1.98%
Revenue beat(8)4
Avg Revenue beat(8)4.98%
Revenue beat(12)8
Avg Revenue beat(12)8.04%
Revenue beat(16)10
Avg Revenue beat(16)12.32%
PT rev (1m)-0.62%
PT rev (3m)0.47%
EPS NQ rev (1m)-9.76%
EPS NQ rev (3m)-26.98%
EPS NY rev (1m)-21.15%
EPS NY rev (3m)13.89%
Revenue NQ rev (1m)-0.34%
Revenue NQ rev (3m)0.16%
Revenue NY rev (1m)0.35%
Revenue NY rev (3m)0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.08 | ||
| Fwd PE | 51.35 | ||
| P/S | 5.11 | ||
| P/FCF | N/A | ||
| P/OCF | 13 | ||
| P/B | 1.85 | ||
| P/tB | 2.02 | ||
| EV/EBITDA | 14.38 |
EPS(TTM)0.5
EY2.63%
EPS(NY)0.37
Fwd EY1.95%
FCF(TTM)-0.04
FCFYN/A
OCF(TTM)1.46
OCFY7.69%
SpS3.73
BVpS10.31
TBVpS9.43
PEG (NY)N/A
PEG (5Y)N/A
Graham Number10.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.34% | ||
| ROE | 8.57% | ||
| ROCE | 3.74% | ||
| ROIC | 2.96% | ||
| ROICexc | 3.03% | ||
| ROICexgc | 3.16% | ||
| OM | 25.77% | ||
| PM (TTM) | 23.71% | ||
| GM | 65.94% | ||
| FCFM | N/A |
ROA(3y)3.77%
ROA(5y)3.59%
ROE(3y)10.66%
ROE(5y)10.42%
ROIC(3y)2.82%
ROIC(5y)2.86%
ROICexc(3y)2.9%
ROICexc(5y)3.01%
ROICexgc(3y)3.03%
ROICexgc(5y)3.14%
ROCE(3y)3.57%
ROCE(5y)3.62%
ROICexgc growth 3Y-17.41%
ROICexgc growth 5Y-9.41%
ROICexc growth 3Y-17.71%
ROICexc growth 5Y-9.63%
OM growth 3Y-14.67%
OM growth 5Y-6.33%
PM growth 3Y-12.28%
PM growth 5Y-10.41%
GM growth 3Y-0.98%
GM growth 5Y-0.1%
F-Score5
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.04 | ||
| Cap/Depr | 126.13% | ||
| Cap/Sales | 40.36% | ||
| Interest Coverage | 1.67 | ||
| Cash Conversion | 68.02% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 1.02 |
F-Score5
WACC6.7%
ROIC/WACC0.44
Cap/Depr(3y)241.11%
Cap/Depr(5y)249.9%
Cap/Sales(3y)69.29%
Cap/Sales(5y)67.21%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-77.68%
EPS 3Y-12.48%
EPS 5Y-8.1%
EPS Q2Q%71.43%
EPS Next Y-46.32%
EPS Next 2Y-20.72%
EPS Next 3Y-6.05%
EPS Next 5YN/A
Revenue 1Y (TTM)5.29%
Revenue growth 3Y1.53%
Revenue growth 5Y2.8%
Sales Q2Q%7.01%
Revenue Next Year6.92%
Revenue Next 2Y0.78%
Revenue Next 3Y0.49%
Revenue Next 5YN/A
EBIT growth 1Y14.02%
EBIT growth 3Y-13.36%
EBIT growth 5Y-3.71%
EBIT Next Year140.2%
EBIT Next 3Y39.58%
EBIT Next 5YN/A
FCF growth 1Y-131.55%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y28.08%
OCF growth 3Y4.22%
OCF growth 5Y-0.42%
URBAN EDGE PROPERTIES / UE FAQ
What is the ChartMill fundamental rating of URBAN EDGE PROPERTIES (UE) stock?
ChartMill assigns a fundamental rating of 4 / 10 to UE.
What is the valuation status of URBAN EDGE PROPERTIES (UE) stock?
ChartMill assigns a valuation rating of 2 / 10 to URBAN EDGE PROPERTIES (UE). This can be considered as Overvalued.
What is the profitability of UE stock?
URBAN EDGE PROPERTIES (UE) has a profitability rating of 6 / 10.
What is the valuation of URBAN EDGE PROPERTIES based on its PE and PB ratios?
The Price/Earnings (PE) ratio for URBAN EDGE PROPERTIES (UE) is 38.08 and the Price/Book (PB) ratio is 1.85.
Is the dividend of URBAN EDGE PROPERTIES sustainable?
The dividend rating of URBAN EDGE PROPERTIES (UE) is 4 / 10 and the dividend payout ratio is 83.62%.