URBAN EDGE PROPERTIES (UE) Stock Fundamental Analysis
NYSE:UE - US91704F1049 - REIT
21.09 USD
+0.14 (+0.67%)
21.09 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to UE. UE was compared to 129 industry peers in the Diversified REITs industry. There are concerns on the financial health of UE while its profitability can be described as average. UE is valied quite expensively at the moment, while it does show a decent growth rate.
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
UE's Return On Assets of 3.18% is fine compared to the rest of the industry. UE outperforms 78.29% of its industry peers.
UE's Return On Equity of 8.06% is amongst the best of the industry. UE outperforms 82.95% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.84%, UE is in line with its industry, outperforming 56.59% 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 last Return On Invested Capital (2.84%) for UE is above the 3 year average (2.82%), which is a sign of increasing profitability.
| 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 Profit Margin of 22.84%. This is in the better half of the industry: UE outperforms 76.74% of its industry peers.
In the last couple of years the Profit Margin of UE has declined.
Looking at the Operating Margin, with a value of 24.98%, UE is in line with its industry, outperforming 55.81% of the companies in the same industry.
In the last couple of years the Operating Margin of UE has declined.
The Gross Margin of UE (65.08%) is comparable to the rest of the industry.
UE's Gross Margin has been stable in the last couple of years.
| 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.
UE has more shares outstanding than it did 1 year ago.
UE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, UE has an improved debt to assets ratio.
2.2 Solvency
UE has an Altman-Z score of 1.11. This is a bad value and indicates that UE is not financially healthy and even has some risk of bankruptcy.
UE's Altman-Z score of 1.11 is fine compared to the rest of the industry. UE outperforms 78.29% of its industry peers.
UE has a Debt/Equity ratio of 1.23. This is a high value indicating a heavy dependency on external financing.
UE has a Debt to Equity ratio (1.23) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.11 |
ROIC/WACC0.41
WACC6.92%
2.3 Liquidity
A Current Ratio of 1.08 indicates that UE should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.08, UE is in line with its industry, outperforming 52.71% of the companies in the same industry.
A Quick Ratio of 1.08 indicates that UE should not have too much problems paying its short term obligations.
The Quick ratio of UE (1.08) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
The earnings per share for UE have decreased strongly by -81.85% in the last year.
Measured over the past years, UE shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.10% on average per year.
The Revenue has been growing slightly by 6.10% in the past 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
The Earnings Per Share is expected to grow by 14.51% on average over the next years. This is quite good.
Based on estimates for the next years, UE will show a small growth in Revenue. The Revenue will grow by 4.83% on average per year.
EPS Next Y-28.42%
EPS Next 2Y-14.37%
EPS Next 3Y14.51%
EPS Next 5YN/A
Revenue Next Year6.91%
Revenue Next 2Y5.46%
Revenue Next 3Y4.83%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 46.87 indicates a quite expensive valuation of UE.
The rest of the industry has a similar Price/Earnings ratio as UE.
Compared to an average S&P500 Price/Earnings ratio of 27.02, UE is valued quite expensively.
A Price/Forward Earnings ratio of 48.75 indicates a quite expensive valuation of UE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of UE is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.66, UE is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.87 | ||
| Fwd PE | 48.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UE is valued a bit more expensive than 62.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.94 |
4.3 Compensation for Growth
UE has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as UE's earnings are expected to grow with 14.51% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.37%
EPS Next 3Y14.51%
5. Dividend
5.1 Amount
UE has a Yearly Dividend Yield of 3.60%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.63, UE is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.45, UE pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.6% |
5.2 History
The dividend of UE decreases each year by -5.42%.
UE has paid a dividend for at least 10 years, which is 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.
DP85.73%
EPS Next 2Y-14.37%
EPS Next 3Y14.51%
21.09
+0.14 (+0.67%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners101.46%
Inst Owner Change0.31%
Ins Owners0.1%
Ins Owner Change0.55%
Market Cap2.65B
Analysts84.62
Price Target23.26 (10.29%)
Short Float %4.48%
Short Ratio4.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.6% |
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)0.22%
PT rev (3m)0.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)89.74%
EPS NY rev (1m)51.85%
EPS NY rev (3m)51.85%
Revenue NQ rev (1m)1.44%
Revenue NQ rev (3m)-1.43%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)-0.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.87 | ||
| Fwd PE | 48.75 | ||
| P/S | 5.75 | ||
| P/FCF | N/A | ||
| P/OCF | 16.07 | ||
| P/B | 2.03 | ||
| P/tB | 2.24 | ||
| EV/EBITDA | 15.94 |
EPS(TTM)0.45
EY2.13%
EPS(NY)0.43
Fwd EY2.05%
FCF(TTM)-0.14
FCFYN/A
OCF(TTM)1.31
OCFY6.22%
SpS3.67
BVpS10.38
TBVpS9.42
PEG (NY)N/A
PEG (5Y)N/A
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%
ROICexcg growth 3Y-17.41%
ROICexcg 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 | 1.11 |
F-Score6
WACC6.92%
ROIC/WACC0.41
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-28.42%
EPS Next 2Y-14.37%
EPS Next 3Y14.51%
EPS Next 5YN/A
Revenue 1Y (TTM)6.1%
Revenue growth 3Y1.53%
Revenue growth 5Y2.8%
Sales Q2Q%7.26%
Revenue Next Year6.91%
Revenue Next 2Y5.46%
Revenue Next 3Y4.83%
Revenue Next 5YN/A
EBIT growth 1Y7.53%
EBIT growth 3Y-13.36%
EBIT growth 5Y-3.71%
EBIT Next Year139.98%
EBIT Next 3Y38.19%
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%