UNIVERSAL HEALTH RLTY INCOME (UHT) Stock Fundamental Analysis
NYSE:UHT - New York Stock Exchange, Inc. - US91359E1055 - REIT - Currency: USD
We assign a fundamental rating of 5 out of 10 to UHT. UHT was compared to 130 industry peers in the Diversified REITs industry. While UHT belongs to the best of the industry regarding profitability, there are concerns on its financial health. UHT is valued expensive and it does not seem to be growing.
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.
UHT had positive earnings in each of the past 5 years.
Each year in the past 5 years UHT had a positive operating cash flow.
1.2 Ratios
UHT's Return On Assets of 3.31% is amongst the best of the industry. UHT outperforms 80.77% of its industry peers.
UHT has a better Return On Equity (10.71%) than 90.00% of its industry peers.
UHT has a better Return On Invested Capital (5.20%) than 91.54% of its industry peers.
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 3.17%.
The last Return On Invested Capital (5.20%) for UHT is above the 3 year average (4.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.31% | ||
| ROE | 10.71% | ||
| ROIC | 5.2% |
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
Looking at the Profit Margin, with a value of 19.43%, UHT is in the better half of the industry, outperforming 76.15% of the companies in the same industry.
UHT's Profit Margin has declined in the last couple of years.
The Operating Margin of UHT (37.18%) is better than 82.31% of its industry peers.
UHT's Operating Margin has improved in the last couple of years.
UHT has a Gross Margin of 70.39%. This is in the better half of the industry: UHT outperforms 63.08% of its industry peers.
UHT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.18% | ||
| PM (TTM) | 19.43% | ||
| GM | 70.39% |
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.
UHT has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for UHT has been increased compared to 5 years ago.
UHT has a worse debt/assets ratio than last year.
2.2 Solvency
UHT has an Altman-Z score of 0.94. This is a bad value and indicates that UHT is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.94, UHT is in the better half of the industry, outperforming 71.54% of the companies in the same industry.
UHT has a debt to FCF ratio of 9.73. This is a negative value and a sign of low solvency as UHT would need 9.73 years to pay back of all of its debts.
UHT has a better Debt to FCF ratio (9.73) than 92.31% of its industry peers.
A Debt/Equity ratio of 2.05 is on the high side and indicates that UHT has dependencies on debt financing.
With a Debt to Equity ratio value of 2.05, UHT is not doing good in the industry: 74.62% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 9.73 | ||
| Altman-Z | 0.94 |
ROIC/WACC0.74
WACC7.08%
2.3 Liquidity
UHT has a Current Ratio of 1.01. This is a normal value and indicates that UHT is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.01, UHT perfoms like the industry average, outperforming 55.38% of the companies in the same industry.
UHT has a Quick Ratio of 1.01. This is a normal value and indicates that UHT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.01, UHT is in line with its industry, outperforming 56.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
UHT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.68%, which is quite impressive.
The Earnings Per Share has been growing slightly by 0.14% on average over the past years.
Looking at the last year, UHT shows a small growth in Revenue. The Revenue has grown by 3.60% in the last year.
The Revenue has been growing slightly by 5.11% on average over the past years.
EPS 1Y (TTM)24.68%
EPS 3Y-44.02%
EPS 5Y0.14%
EPS Q2Q%29.47%
Revenue 1Y (TTM)3.6%
Revenue growth 3Y5.55%
Revenue growth 5Y5.11%
Sales Q2Q%1.32%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 27.55 indicates a quite expensive valuation of UHT.
63.85% of the companies in the same industry are more expensive than UHT, based on the Price/Earnings ratio.
UHT's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.55 | ||
| Fwd PE | N/A |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as UHT.
Based on the Price/Free Cash Flow ratio, UHT is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.02 | ||
| EV/EBITDA | 13.88 |
4.3 Compensation for Growth
UHT has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)194.55
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
UHT has a Yearly Dividend Yield of 7.66%, which is a nice return.
Compared to an average industry Dividend Yield of 16.90, UHT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.47, UHT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.66% |
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 in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)1.42%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
210.01% of the earnings are spent on dividend by UHT. This is not a sustainable payout ratio.
The dividend of UHT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP210.01%
EPS Next 2YN/A
EPS Next 3YN/A
38.3
-0.08 (-0.21%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners64.4%
Inst Owner Change0.37%
Ins Owners2.39%
Ins Owner Change0%
Market Cap530.45M
Analysts0
Price TargetN/A
Short Float %1.87%
Short Ratio3.71
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.66% |
Yearly Dividend2.92
Dividend Growth(5Y)1.42%
DP210.01%
Div Incr Years9
Div Non Decr Years9
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.55 | ||
| Fwd PE | N/A | ||
| P/S | 5.36 | ||
| P/FCF | 14.02 | ||
| P/OCF | 11.31 | ||
| P/B | 2.95 | ||
| P/tB | 3.08 | ||
| EV/EBITDA | 13.88 |
EPS(TTM)1.39
EY3.63%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)2.73
FCFY7.13%
OCF(TTM)3.39
OCFY8.84%
SpS7.15
BVpS12.96
TBVpS12.43
PEG (NY)N/A
PEG (5Y)194.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.31% | ||
| ROE | 10.71% | ||
| ROCE | 6.59% | ||
| ROIC | 5.2% | ||
| ROICexc | 5.27% | ||
| ROICexgc | 5.34% | ||
| OM | 37.18% | ||
| PM (TTM) | 19.43% | ||
| GM | 70.39% | ||
| FCFM | 38.22% |
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 | 2.05 | ||
| Debt/FCF | 9.73 | ||
| Debt/EBITDA | 5.73 | ||
| Cap/Depr | 33.08% | ||
| Cap/Sales | 9.16% | ||
| Interest Coverage | 2.06 | ||
| Cash Conversion | 73.03% | ||
| Profit Quality | 196.73% | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 0.94 |
F-Score8
WACC7.08%
ROIC/WACC0.74
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)24.68%
EPS 3Y-44.02%
EPS 5Y0.14%
EPS Q2Q%29.47%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.6%
Revenue growth 3Y5.55%
Revenue growth 5Y5.11%
Sales Q2Q%1.32%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y17.24%
EBIT growth 3Y8.37%
EBIT growth 5Y7.41%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y91.73%
FCF growth 3Y28.64%
FCF growth 5Y8.45%
OCF growth 1Y9.25%
OCF growth 3Y-0.57%
OCF growth 5Y1.92%