URBAN EDGE PROPERTIES (UE) Stock Fundamental Analysis
USA - NYSE:UE - US91704F1049 - REIT
20.48 USD
+0.11 (+0.54%)
20.48 USD
0 (0%)
Taking everything into account, UE scores 4 out of 10 in our fundamental rating. UE was compared to 127 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 does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
UE had positive earnings in the past year.
UE had a positive operating cash flow in the past year.
In the past 5 years UE has always been profitable.
In the past 5 years UE always reported a positive cash flow from operatings.
1.2 Ratios
UE has a better Return On Assets (3.18%) than 77.95% of its industry peers.
Looking at the Return On Equity, with a value of 8.06%, UE belongs to the top of the industry, outperforming 82.68% of the companies in the same industry.
UE's Return On Invested Capital of 2.84% is in line compared to the rest of the industry. UE outperforms 56.69% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for UE is in line with the industry average of 3.04%.
The 3 year average ROIC (2.82%) for UE is below the current ROIC(2.84%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.18% | ||
| ROE | 8.06% | ||
| ROIC | 2.84% |
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
UE has a better Profit Margin (22.84%) than 76.38% of its industry peers.
In the last couple of years the Profit Margin of UE has declined.
The Operating Margin of UE (24.98%) is comparable to the rest of the industry.
UE's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 65.08%, UE perfoms like the industry average, outperforming 40.94% of the companies in the same industry.
In the last couple of years the Gross Margin of UE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.98% | ||
| PM (TTM) | 22.84% | ||
| GM | 65.08% |
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 1.09, we must say that UE is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of UE (1.09) is better than 77.17% of its industry peers.
A Debt/Equity ratio of 1.23 is on the high side and indicates that UE has dependencies on debt financing.
UE has a Debt to Equity ratio of 1.23. This is comparable to the rest of the industry: UE outperforms 50.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.09 |
ROIC/WACC0.42
WACC6.74%
2.3 Liquidity
UE has a Current Ratio of 1.08. This is a normal value and indicates that UE is financially healthy and should not expect problems in meeting its short term obligations.
UE has a Current ratio (1.08) which is in line with its industry peers.
A Quick Ratio of 1.08 indicates that UE should not have too much problems paying its short term obligations.
UE has a Quick ratio of 1.08. This is comparable to the rest of the industry: UE outperforms 55.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
UE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -81.85%.
UE shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.10% yearly.
Looking at the last year, UE shows a small growth in Revenue. The Revenue has grown by 6.10% in the last year.
UE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.80% yearly.
EPS 1Y (TTM)-81.85%
EPS 3Y-12.48%
EPS 5Y-8.1%
EPS Q2Q%-73.08%
Revenue 1Y (TTM)6.1%
Revenue growth 3Y1.53%
Revenue growth 5Y2.8%
Sales Q2Q%7.26%
3.2 Future
Based on estimates for the next years, UE will show a decrease in Earnings Per Share. The EPS will decrease by -1.95% on average per year.
UE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.38% yearly.
EPS Next Y-45.01%
EPS Next 2Y-15.14%
EPS Next 3Y-1.95%
EPS Next 5YN/A
Revenue Next Year6.55%
Revenue Next 2Y5.37%
Revenue Next 3Y4.38%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 45.51, UE can be considered very expensive at the moment.
UE's Price/Earnings is on the same level as the industry average.
UE's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.89.
With a Price/Forward Earnings ratio of 48.20, UE can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as UE.
UE is valuated expensively when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.51 | ||
| Fwd PE | 48.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UE is valued a bit more expensive than the industry average as 60.63% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.72 |
4.3 Compensation for Growth
The decent profitability rating of UE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.14%
EPS Next 3Y-1.95%
5. Dividend
5.1 Amount
UE has a Yearly Dividend Yield of 3.73%.
UE's Dividend Yield is slightly below the industry average, which is at 6.15.
Compared to an average S&P500 Dividend Yield of 2.31, UE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.73% |
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 85.73% 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.
DP85.73%
EPS Next 2Y-15.14%
EPS Next 3Y-1.95%
20.48
+0.11 (+0.54%)
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 Change-0.04%
Ins Owners0.1%
Ins Owner Change0.55%
Market Cap2.58B
Revenue(TTM)461.04M
Net Income(TTM)105.30M
Analysts82.86
Price Target23.46 (14.55%)
Short Float %4.49%
Short Ratio6.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.73% |
Yearly Dividend0.68
Dividend Growth(5Y)-5.42%
DP85.73%
Div Incr Years1
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.72%
Min EPS beat(2)-24.49%
Max EPS beat(2)35.92%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)0
Avg Revenue beat(2)-4.07%
Min Revenue beat(2)-4.51%
Max Revenue beat(2)-3.63%
Revenue beat(4)2
Avg Revenue beat(4)-0.91%
Min Revenue beat(4)-4.51%
Max Revenue beat(4)2.54%
Revenue beat(8)4
Avg Revenue beat(8)6.76%
Revenue beat(12)7
Avg Revenue beat(12)7.92%
Revenue beat(16)10
Avg Revenue beat(16)16.02%
PT rev (1m)0.73%
PT rev (3m)1.1%
EPS NQ rev (1m)-22.97%
EPS NQ rev (3m)26.67%
EPS NY rev (1m)-19.23%
EPS NY rev (3m)16.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.44%
Revenue NY rev (1m)-0.34%
Revenue NY rev (3m)-0.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.51 | ||
| Fwd PE | 48.2 | ||
| P/S | 5.59 | ||
| P/FCF | N/A | ||
| P/OCF | 15.61 | ||
| P/B | 1.97 | ||
| P/tB | 2.17 | ||
| EV/EBITDA | 15.72 |
EPS(TTM)0.45
EY2.2%
EPS(NY)0.42
Fwd EY2.07%
FCF(TTM)-0.14
FCFYN/A
OCF(TTM)1.31
OCFY6.41%
SpS3.67
BVpS10.38
TBVpS9.42
PEG (NY)N/A
PEG (5Y)N/A
Graham Number10.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.18% | ||
| ROE | 8.06% | ||
| ROCE | 3.59% | ||
| ROIC | 2.84% | ||
| ROICexc | 2.88% | ||
| ROICexgc | 3.01% | ||
| OM | 24.98% | ||
| PM (TTM) | 22.84% | ||
| GM | 65.08% | ||
| 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-Score6
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.12 | ||
| Cap/Depr | 123.62% | ||
| Cap/Sales | 39.59% | ||
| Interest Coverage | 1.58 | ||
| Cash Conversion | 62.81% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 1.09 |
F-Score6
WACC6.74%
ROIC/WACC0.42
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)-81.85%
EPS 3Y-12.48%
EPS 5Y-8.1%
EPS Q2Q%-73.08%
EPS Next Y-45.01%
EPS Next 2Y-15.14%
EPS Next 3Y-1.95%
EPS Next 5YN/A
Revenue 1Y (TTM)6.1%
Revenue growth 3Y1.53%
Revenue growth 5Y2.8%
Sales Q2Q%7.26%
Revenue Next Year6.55%
Revenue Next 2Y5.37%
Revenue Next 3Y4.38%
Revenue Next 5YN/A
EBIT growth 1Y7.53%
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-178.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y12.28%
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 1 / 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 45.51 and the Price/Book (PB) ratio is 1.97.
Is the dividend of URBAN EDGE PROPERTIES sustainable?
The dividend rating of URBAN EDGE PROPERTIES (UE) is 3 / 10 and the dividend payout ratio is 85.73%.