URBAN EDGE PROPERTIES (UE) Stock Fundamental Analysis
NYSE:UE - New York Stock Exchange, Inc. - US91704F1049 - REIT - Currency: USD
Overall UE gets a fundamental rating of 4 out of 10. We evaluated UE against 130 industry peers in the Diversified REITs industry. UE has a medium profitability rating, but doesn't score so well on its financial health evaluation. UE 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 UE was profitable.
UE had a positive operating cash flow in the past year.
Each year in the past 5 years UE has 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 (2.36%) than 70.77% of its industry peers.
UE has a better Return On Equity (6.16%) than 77.69% of its industry peers.
With a Return On Invested Capital value of 2.53%, UE perfoms like the industry average, outperforming 45.38% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for UE is in line with the industry average of 3.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.36% | ||
| ROE | 6.16% | ||
| ROIC | 2.53% |
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
With a decent Profit Margin value of 17.22%, UE is doing good in the industry, outperforming 69.23% of the companies in the same industry.
UE's Profit Margin has declined in the last couple of years.
UE's Operating Margin of 22.67% is in line compared to the rest of the industry. UE outperforms 51.54% of its industry peers.
UE's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 64.19%, UE is doing worse than 62.31% 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 | 22.67% | ||
| PM (TTM) | 17.22% | ||
| GM | 64.19% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UE 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.
UE has a better debt/assets ratio than last year.
2.2 Solvency
UE has an Altman-Z score of 0.99. This is a bad value and indicates that UE is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of UE (0.99) is better than 73.85% of its industry peers.
UE has a Debt/Equity ratio of 1.30. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.30, UE is in line with its industry, outperforming 48.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.99 |
ROIC/WACC0.3
WACC8.31%
2.3 Liquidity
A Current Ratio of 1.11 indicates that UE should not have too much problems paying its short term obligations.
UE has a Current ratio of 1.11. This is comparable to the rest of the industry: UE outperforms 56.15% of its industry peers.
UE has a Quick Ratio of 1.11. 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 1.11, UE is in line with its industry, outperforming 56.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
The earnings per share for UE have decreased strongly by -72.41% in the last year.
UE shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.10% yearly.
The Revenue has been growing slightly by 6.18% 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)-72.41%
EPS 3Y-12.48%
EPS 5Y-8.1%
EPS Q2Q%250%
Revenue 1Y (TTM)6.18%
Revenue growth 3Y1.53%
Revenue growth 5Y2.8%
Sales Q2Q%7.87%
3.2 Future
UE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.51% yearly.
The Revenue is expected to grow by 4.83% on average over the next years.
EPS Next Y-52.86%
EPS Next 2Y-7.51%
EPS Next 3Y14.51%
EPS Next 5YN/A
Revenue Next Year6.92%
Revenue Next 2Y5.75%
Revenue Next 3Y4.83%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 29.73 indicates a quite expensive valuation of UE.
UE's Price/Earnings ratio is a bit cheaper when compared to the industry. UE is cheaper than 66.15% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.28. UE is around the same levels.
UE is valuated quite expensively with a Price/Forward Earnings ratio of 37.71.
65.38% of the companies in the same industry are more expensive than UE, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of UE to the average of the S&P500 Index (21.76), we can say UE is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.73 | ||
| Fwd PE | 37.71 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UE is valued a bit more expensive than 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.51 |
4.3 Compensation for Growth
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-7.51%
EPS Next 3Y14.51%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.03%, UE is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.64, UE is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.42, UE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.03% |
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 110.91% of its income as dividend. This is not a sustainable payout ratio.
DP110.91%
EPS Next 2Y-7.51%
EPS Next 3Y14.51%
19.03
+0.05 (+0.26%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners100.12%
Inst Owner Change2.72%
Ins Owners0.1%
Ins Owner Change0.9%
Market Cap2.39B
Analysts83.33
Price Target23.21 (21.97%)
Short Float %3.6%
Short Ratio4.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.03% |
Yearly Dividend0.68
Dividend Growth(5Y)-5.42%
DP110.91%
Div Incr Years1
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)88.48%
Min EPS beat(2)35.92%
Max EPS beat(2)141.04%
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)1
Avg Revenue beat(2)-0.83%
Min Revenue beat(2)-3.63%
Max Revenue beat(2)1.98%
Revenue beat(4)2
Avg Revenue beat(4)-0.78%
Min Revenue beat(4)-3.99%
Max Revenue beat(4)2.54%
Revenue beat(8)5
Avg Revenue beat(8)11.26%
Revenue beat(12)7
Avg Revenue beat(12)7.87%
Revenue beat(16)11
Avg Revenue beat(16)18.17%
PT rev (1m)0%
PT rev (3m)-3.19%
EPS NQ rev (1m)0%
EPS NQ rev (3m)11.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.73 | ||
| Fwd PE | 37.71 | ||
| P/S | 5.28 | ||
| P/FCF | N/A | ||
| P/OCF | 14.7 | ||
| P/B | 1.89 | ||
| P/tB | 2.1 | ||
| EV/EBITDA | 15.51 |
EPS(TTM)0.64
EY3.36%
EPS(NY)0.5
Fwd EY2.65%
FCF(TTM)-0.8
FCFYN/A
OCF(TTM)1.29
OCFY6.8%
SpS3.61
BVpS10.08
TBVpS9.05
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.36% | ||
| ROE | 6.16% | ||
| ROCE | 3.2% | ||
| ROIC | 2.53% | ||
| ROICexc | 2.57% | ||
| ROICexgc | 2.7% | ||
| OM | 22.67% | ||
| PM (TTM) | 17.22% | ||
| GM | 64.19% | ||
| 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-Score5
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.4 | ||
| Cap/Depr | 170.8% | ||
| Cap/Sales | 58.06% | ||
| Interest Coverage | 1.27 | ||
| Cash Conversion | 63.38% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 0.99 |
F-Score5
WACC8.31%
ROIC/WACC0.3
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)-72.41%
EPS 3Y-12.48%
EPS 5Y-8.1%
EPS Q2Q%250%
EPS Next Y-52.86%
EPS Next 2Y-7.51%
EPS Next 3Y14.51%
EPS Next 5YN/A
Revenue 1Y (TTM)6.18%
Revenue growth 3Y1.53%
Revenue growth 5Y2.8%
Sales Q2Q%7.87%
Revenue Next Year6.92%
Revenue Next 2Y5.75%
Revenue Next 3Y4.83%
Revenue Next 5YN/A
EBIT growth 1Y-12.25%
EBIT growth 3Y-13.36%
EBIT growth 5Y-3.71%
EBIT Next Year140.09%
EBIT Next 3Y38.19%
EBIT Next 5YN/A
FCF growth 1Y-1155.69%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y12.69%
OCF growth 3Y4.22%
OCF growth 5Y-0.42%