UNIVERSAL HEALTH RLTY INCOME (UHT) Stock Fundamental Analysis
NYSE:UHT - US91359E1055 - REIT
40.79 USD
+0.4 (+0.99%)
40.79 USD
0 (0%)
Overall UHT gets a fundamental rating of 5 out of 10. We evaluated UHT against 129 industry peers in the Diversified REITs industry. UHT scores excellent on profitability, but there are concerns on its financial health. UHT has a decent growth rate and is not valued too expensively. UHT also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
UHT had positive earnings in the past year.
UHT had a positive operating cash flow in the past year.
In the past 5 years UHT has always been profitable.
UHT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
UHT has a Return On Assets of 3.13%. This is in the better half of the industry: UHT outperforms 76.74% of its industry peers.
UHT has a Return On Equity of 10.85%. This is amongst the best in the industry. UHT outperforms 91.47% of its industry peers.
With an excellent Return On Invested Capital value of 5.12%, UHT belongs to the best of the industry, outperforming 93.02% of the companies in the same industry.
UHT had an Average Return On Invested Capital over the past 3 years of 4.57%. This is in line with the industry average of 3.06%.
The last Return On Invested Capital (5.12%) for UHT is above the 3 year average (4.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.13% | ||
| ROE | 10.85% | ||
| ROIC | 5.12% |
ROA(3y)3.12%
ROA(5y)6.31%
ROE(3y)9.2%
ROE(5y)17.24%
ROIC(3y)4.57%
ROIC(5y)4.42%
1.3 Margins
UHT's Profit Margin of 18.19% is fine compared to the rest of the industry. UHT outperforms 69.77% of its industry peers.
UHT's Profit Margin has declined in the last couple of years.
The Operating Margin of UHT (36.17%) is better than 75.19% of its industry peers.
In the last couple of years the Operating Margin of UHT has grown nicely.
Looking at the Gross Margin, with a value of 69.81%, UHT is in line with its industry, outperforming 58.91% of the companies in the same industry.
UHT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.17% | ||
| PM (TTM) | 18.19% | ||
| GM | 69.81% |
OM growth 3Y2.67%
OM growth 5Y2.18%
PM growth 3Y-46.89%
PM growth 5Y-4.59%
GM growth 3Y-0.77%
GM growth 5Y-0.44%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UHT is destroying value.
The number of shares outstanding for UHT remains at a similar level compared to 1 year ago.
Compared to 5 years ago, UHT has more shares outstanding
The debt/assets ratio for UHT is higher compared to a year ago.
2.2 Solvency
UHT has an Altman-Z score of 0.93. This is a bad value and indicates that UHT is not financially healthy and even has some risk of bankruptcy.
UHT's Altman-Z score of 0.93 is fine compared to the rest of the industry. UHT outperforms 72.09% of its industry peers.
The Debt to FCF ratio of UHT is 9.36, which is on the high side as it means it would take UHT, 9.36 years of fcf income to pay off all of its debts.
UHT has a Debt to FCF ratio of 9.36. This is amongst the best in the industry. UHT outperforms 89.15% of its industry peers.
UHT has a Debt/Equity ratio of 2.26. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.26, UHT is not doing good in the industry: 74.42% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.26 | ||
| Debt/FCF | 9.36 | ||
| Altman-Z | 0.93 |
ROIC/WACC0.73
WACC7.04%
2.3 Liquidity
A Current Ratio of 0.94 indicates that UHT may have some problems paying its short term obligations.
With a Current ratio value of 0.94, UHT perfoms like the industry average, outperforming 47.29% of the companies in the same industry.
A Quick Ratio of 0.94 indicates that UHT may have some problems paying its short term obligations.
The Quick ratio of UHT (0.94) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
The earnings per share for UHT have decreased by -0.81% in the last year.
UHT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.14% yearly.
Looking at the last year, UHT shows a small growth in Revenue. The Revenue has grown by 0.14% in the last year.
UHT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.11% yearly.
EPS 1Y (TTM)-0.81%
EPS 3Y-44.02%
EPS 5Y0.14%
EPS Q2Q%-15%
Revenue 1Y (TTM)0.14%
Revenue growth 3Y5.55%
Revenue growth 5Y5.11%
Sales Q2Q%0.55%
3.2 Future
UHT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.77% yearly.
Based on estimates for the next years, UHT will show a small growth in Revenue. The Revenue will grow by 1.33% on average per year.
EPS Next Y14.82%
EPS Next 2Y12.13%
EPS Next 3Y9.77%
EPS Next 5YN/A
Revenue Next Year5.21%
Revenue Next 2Y1%
Revenue Next 3Y1.33%
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.
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
A Price/Earnings ratio of 31.62 indicates a quite expensive valuation of UHT.
Based on the Price/Earnings ratio, UHT is valued a bit cheaper than the industry average as 63.57% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.14. UHT is around the same levels.
UHT is valuated rather expensively with a Price/Forward Earnings ratio of 23.34.
Based on the Price/Forward Earnings ratio, UHT is valued cheaper than 88.37% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.80. UHT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.62 | ||
| Fwd PE | 23.34 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of UHT is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of UHT indicates a rather cheap valuation: UHT is cheaper than 85.27% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.18 | ||
| EV/EBITDA | 14.65 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of UHT may justify a higher PE ratio.
PEG (NY)2.13
PEG (5Y)223.26
EPS Next 2Y12.13%
EPS Next 3Y9.77%
5. Dividend
5.1 Amount
UHT has a Yearly Dividend Yield of 7.51%, which is a nice return.
UHT's Dividend Yield is a higher than the industry average which is at 6.31.
UHT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.51% |
5.2 History
The dividend of UHT has a limited annual growth rate of 1.42%.
UHT has paid a dividend for at least 10 years, which is a reliable track record.
UHT has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.42%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
227.14% of the earnings are spent on dividend by UHT. This is not a sustainable payout ratio.
UHT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP227.14%
EPS Next 2Y12.13%
EPS Next 3Y9.77%
40.79
+0.4 (+0.99%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners64.68%
Inst Owner Change-1.07%
Ins Owners2.52%
Ins Owner Change5.39%
Market Cap565.76M
Analysts80
Price Target41.82 (2.53%)
Short Float %2.11%
Short Ratio4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.51% |
Yearly Dividend2.92
Dividend Growth(5Y)1.42%
DP227.14%
Div Incr Years10
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-12.77%
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.62 | ||
| Fwd PE | 23.34 | ||
| P/S | 5.74 | ||
| P/FCF | 14.18 | ||
| P/OCF | 11.7 | ||
| P/B | 3.43 | ||
| P/tB | 3.57 | ||
| EV/EBITDA | 14.65 |
EPS(TTM)1.29
EY3.16%
EPS(NY)1.75
Fwd EY4.28%
FCF(TTM)2.88
FCFY7.05%
OCF(TTM)3.49
OCFY8.54%
SpS7.11
BVpS11.91
TBVpS11.44
PEG (NY)2.13
PEG (5Y)223.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.13% | ||
| ROE | 10.85% | ||
| ROCE | 6.48% | ||
| ROIC | 5.12% | ||
| ROICexc | 5.18% | ||
| ROICexgc | 5.25% | ||
| OM | 36.17% | ||
| PM (TTM) | 18.19% | ||
| GM | 69.81% | ||
| FCFM | 40.48% |
ROA(3y)3.12%
ROA(5y)6.31%
ROE(3y)9.2%
ROE(5y)17.24%
ROIC(3y)4.57%
ROIC(5y)4.42%
ROICexc(3y)4.63%
ROICexc(5y)4.5%
ROICexgc(3y)4.7%
ROICexgc(5y)4.58%
ROCE(3y)5.78%
ROCE(5y)5.6%
ROICexcg growth 3Y8.21%
ROICexcg growth 5Y3.2%
ROICexc growth 3Y8.39%
ROICexc growth 5Y3.59%
OM growth 3Y2.67%
OM growth 5Y2.18%
PM growth 3Y-46.89%
PM growth 5Y-4.59%
GM growth 3Y-0.77%
GM growth 5Y-0.44%
F-Score8
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.26 | ||
| Debt/FCF | 9.36 | ||
| Debt/EBITDA | 5.9 | ||
| Cap/Depr | 30.57% | ||
| Cap/Sales | 8.57% | ||
| Interest Coverage | 1.93 | ||
| Cash Conversion | 76.38% | ||
| Profit Quality | 222.53% | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 0.93 |
F-Score8
WACC7.04%
ROIC/WACC0.73
Cap/Depr(3y)85.92%
Cap/Depr(5y)97.22%
Cap/Sales(3y)24.92%
Cap/Sales(5y)29.89%
Profit Quality(3y)123.07%
Profit Quality(5y)91.17%
High Growth Momentum
Growth
EPS 1Y (TTM)-0.81%
EPS 3Y-44.02%
EPS 5Y0.14%
EPS Q2Q%-15%
EPS Next Y14.82%
EPS Next 2Y12.13%
EPS Next 3Y9.77%
EPS Next 5YN/A
Revenue 1Y (TTM)0.14%
Revenue growth 3Y5.55%
Revenue growth 5Y5.11%
Sales Q2Q%0.55%
Revenue Next Year5.21%
Revenue Next 2Y1%
Revenue Next 3Y1.33%
Revenue Next 5YN/A
EBIT growth 1Y1.12%
EBIT growth 3Y8.37%
EBIT growth 5Y7.41%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y65.28%
FCF growth 3Y28.64%
FCF growth 5Y8.45%
OCF growth 1Y9.4%
OCF growth 3Y-0.57%
OCF growth 5Y1.92%