BRT APARTMENTS CORP (BRT) Stock Fundamental Analysis
NYSE:BRT - New York Stock Exchange, Inc. - US0556453035 - REIT - Currency: USD
BRT gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 20 industry peers in the Residential REITs industry. BRT may be in some trouble as it scores bad on both profitability and health. BRT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
BRT had negative earnings in the past year.
In the past year BRT had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: BRT reported negative net income in multiple years.
In multiple years BRT reported negative operating cash flow during the last 5 years.
1.2 Ratios
BRT's Return On Assets of -1.64% is on the low side compared to the rest of the industry. BRT is outperformed by 85.00% of its industry peers.
The Return On Equity of BRT (-5.81%) is worse than 80.00% of its industry peers.
BRT's Return On Invested Capital of 1.53% is on the low side compared to the rest of the industry. BRT is outperformed by 65.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BRT is in line with the industry average of 2.62%.
The 3 year average ROIC (0.71%) for BRT is below the current ROIC(1.53%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.64% | ||
| ROE | -5.81% | ||
| ROIC | 1.53% |
ROA(3y)2.02%
ROA(5y)1.39%
ROE(3y)5.72%
ROE(5y)4.06%
ROIC(3y)0.71%
ROIC(5y)N/A
1.3 Margins
BRT has a Operating Margin of 11.05%. This is in the lower half of the industry: BRT underperforms 70.00% of its industry peers.
The Gross Margin of BRT (54.81%) is worse than 80.00% of its industry peers.
In the last couple of years the Gross Margin of BRT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.05% | ||
| PM (TTM) | N/A | ||
| GM | 54.81% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.79%
GM growth 5Y-0.34%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BRT is destroying value.
The number of shares outstanding for BRT has been increased compared to 1 year ago.
Compared to 5 years ago, BRT has more shares outstanding
BRT has a worse debt/assets ratio than last year.
2.2 Solvency
BRT has an Altman-Z score of 0.44. This is a bad value and indicates that BRT is not financially healthy and even has some risk of bankruptcy.
BRT's Altman-Z score of 0.44 is on the low side compared to the rest of the industry. BRT is outperformed by 70.00% of its industry peers.
A Debt/Equity ratio of 2.43 is on the high side and indicates that BRT has dependencies on debt financing.
BRT has a Debt to Equity ratio of 2.43. This is amonst the worse of the industry: BRT underperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.43 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.44 |
ROIC/WACC0.23
WACC6.61%
2.3 Liquidity
BRT has a Current Ratio of 1.08. This is a normal value and indicates that BRT is financially healthy and should not expect problems in meeting its short term obligations.
BRT's Current ratio of 1.08 is fine compared to the rest of the industry. BRT outperforms 80.00% of its industry peers.
BRT has a Quick Ratio of 1.08. This is a normal value and indicates that BRT is financially healthy and should not expect problems in meeting its short term obligations.
BRT has a Quick ratio of 1.08. This is amongst the best in the industry. BRT outperforms 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
The earnings per share for BRT have decreased strongly by -318.18% in the last year.
BRT shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.27%.
BRT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 28.03% yearly.
EPS 1Y (TTM)-318.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%29.41%
Revenue 1Y (TTM)27.27%
Revenue growth 3Y43.89%
Revenue growth 5Y28.03%
Sales Q2Q%3%
3.2 Future
Based on estimates for the next years, BRT will show a decrease in Earnings Per Share. The EPS will decrease by -2.38% on average per year.
Based on estimates for the next years, BRT will show a small growth in Revenue. The Revenue will grow by 2.73% on average per year.
EPS Next Y-16.25%
EPS Next 2Y-2.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.65%
Revenue Next 2Y3.12%
Revenue Next 3Y2.49%
Revenue Next 5Y2.73%
3.3 Evolution
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
The Price/Earnings Ratio is negative for BRT. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for BRT. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
BRT's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.22 |
4.3 Compensation for Growth
BRT's earnings are expected to decrease with -2.38% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.38%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BRT has a Yearly Dividend Yield of 6.18%, which is a nice return.
BRT's Dividend Yield is rather good when compared to the industry average which is at 4.66. BRT pays more dividend than 85.00% of the companies in the same industry.
BRT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.18% |
5.2 History
The dividend of BRT has a limited annual growth rate of 3.64%.
BRT has been paying a dividend for at least 10 years, so it has a reliable track record.
BRT has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)3.64%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
The earnings of BRT are negative and hence is the payout ratio. BRT will probably not be able to sustain this dividend level.
DP-162.24%
EPS Next 2Y-2.38%
EPS Next 3YN/A
15.65
-0.02 (-0.13%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners51.85%
Inst Owner Change0%
Ins Owners22.98%
Ins Owner Change2.33%
Market Cap295.79M
Analysts77.14
Price Target22.1 (41.21%)
Short Float %1.25%
Short Ratio5.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.18% |
Yearly Dividend1.05
Dividend Growth(5Y)3.64%
DP-162.24%
Div Incr Years0
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.62%
Min EPS beat(2)9.24%
Max EPS beat(2)27.99%
EPS beat(4)4
Avg EPS beat(4)20.63%
Min EPS beat(4)9.24%
Max EPS beat(4)27.99%
EPS beat(8)5
Avg EPS beat(8)7.82%
EPS beat(12)9
Avg EPS beat(12)180.3%
EPS beat(16)12
Avg EPS beat(16)123.06%
Revenue beat(2)1
Avg Revenue beat(2)-1.83%
Min Revenue beat(2)-3.72%
Max Revenue beat(2)0.07%
Revenue beat(4)3
Avg Revenue beat(4)-0.53%
Min Revenue beat(4)-3.72%
Max Revenue beat(4)1.44%
Revenue beat(8)4
Avg Revenue beat(8)-0.78%
Revenue beat(12)6
Avg Revenue beat(12)2.83%
Revenue beat(16)10
Avg Revenue beat(16)5.44%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-28%
EPS NY rev (1m)-2.52%
EPS NY rev (3m)-20.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 2.47 | ||
| P/FCF | N/A | ||
| P/OCF | 12.46 | ||
| P/B | 1.49 | ||
| P/tB | 1.49 | ||
| EV/EBITDA | 19.22 |
EPS(TTM)-0.48
EYN/A
EPS(NY)-0.56
Fwd EYN/A
FCF(TTM)-0.06
FCFYN/A
OCF(TTM)1.26
OCFY8.02%
SpS6.34
BVpS10.5
TBVpS10.5
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.64% | ||
| ROE | -5.81% | ||
| ROCE | 1.94% | ||
| ROIC | 1.53% | ||
| ROICexc | 1.59% | ||
| ROICexgc | 1.63% | ||
| OM | 11.05% | ||
| PM (TTM) | N/A | ||
| GM | 54.81% | ||
| FCFM | N/A |
ROA(3y)2.02%
ROA(5y)1.39%
ROE(3y)5.72%
ROE(5y)4.06%
ROIC(3y)0.71%
ROIC(5y)N/A
ROICexc(3y)0.74%
ROICexc(5y)N/A
ROICexgc(3y)0.76%
ROICexgc(5y)N/A
ROCE(3y)0.9%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.79%
GM growth 5Y-0.34%
F-Score4
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.43 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 12.3 | ||
| Cap/Depr | 95.83% | ||
| Cap/Sales | 20.84% | ||
| Interest Coverage | 0.63 | ||
| Cash Conversion | 60.46% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 0.44 |
F-Score4
WACC6.61%
ROIC/WACC0.23
Cap/Depr(3y)51.12%
Cap/Depr(5y)36.58%
Cap/Sales(3y)14.92%
Cap/Sales(5y)10.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-318.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%29.41%
EPS Next Y-16.25%
EPS Next 2Y-2.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)27.27%
Revenue growth 3Y43.89%
Revenue growth 5Y28.03%
Sales Q2Q%3%
Revenue Next Year0.65%
Revenue Next 2Y3.12%
Revenue Next 3Y2.49%
Revenue Next 5Y2.73%
EBIT growth 1Y36.85%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year363.47%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-112.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y35.63%
OCF growth 3YN/A
OCF growth 5Y22.79%