BRIXMOR PROPERTY GROUP INC (BRX) Stock Fundamental Analysis
USA - NYSE:BRX - US11120U1051 - REIT
28.13 USD
+0.17 (+0.61%)
27.99 USD
-0.14 (-0.5%)
BRX gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 127 industry peers in the Diversified REITs industry. BRX has an excellent profitability rating, but there are concerns on its financial health. BRX does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
BRX had positive earnings in the past year.
BRX had a positive operating cash flow in the past year.
Each year in the past 5 years BRX has been profitable.
BRX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.89%, BRX belongs to the top of the industry, outperforming 85.04% of the companies in the same industry.
The Return On Equity of BRX (11.33%) is better than 92.91% of its industry peers.
The Return On Invested Capital of BRX (4.83%) is better than 92.13% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BRX is in line with the industry average of 3.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 11.33% | ||
| ROIC | 4.83% |
ROA(3y)3.88%
ROA(5y)3.26%
ROE(3y)11.45%
ROE(5y)9.75%
ROIC(3y)4.88%
ROIC(5y)4.52%
1.3 Margins
With a decent Profit Margin value of 25.22%, BRX is doing good in the industry, outperforming 77.95% of the companies in the same industry.
BRX's Profit Margin has improved in the last couple of years.
The Operating Margin of BRX (35.50%) is better than 73.23% of its industry peers.
BRX's Operating Margin has been stable in the last couple of years.
BRX has a better Gross Margin (74.90%) than 72.44% of its industry peers.
In the last couple of years the Gross Margin of BRX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.5% | ||
| PM (TTM) | 25.22% | ||
| GM | 74.9% |
OM growth 3Y-0.02%
OM growth 5Y-0.47%
PM growth 3Y4.08%
PM growth 5Y2.36%
GM growth 3Y0.52%
GM growth 5Y0.17%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BRX is destroying value.
BRX has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, BRX has more shares outstanding
Compared to 1 year ago, BRX has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.09, we must say that BRX is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 1.09, BRX is doing good in the industry, outperforming 77.17% of the companies in the same industry.
BRX has a Debt/Equity ratio of 1.73. This is a high value indicating a heavy dependency on external financing.
BRX's Debt to Equity ratio of 1.73 is on the low side compared to the rest of the industry. BRX is outperformed by 67.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.73 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.09 |
ROIC/WACC0.74
WACC6.5%
2.3 Liquidity
A Current Ratio of 0.44 indicates that BRX may have some problems paying its short term obligations.
With a Current ratio value of 0.44, BRX is not doing good in the industry: 81.10% of the companies in the same industry are doing better.
BRX has a Quick Ratio of 0.44. This is a bad value and indicates that BRX is not financially healthy enough and could expect problems in meeting its short term obligations.
BRX has a worse Quick ratio (0.43) than 80.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
BRX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.40%, which is quite good.
BRX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.83% yearly.
Looking at the last year, BRX shows a very negative growth in Revenue. The Revenue has decreased by -16.07% in the last year.
The Revenue has been growing slightly by 1.92% on average over the past years.
EPS 1Y (TTM)13.4%
EPS 3Y7.24%
EPS 5Y3.83%
EPS Q2Q%21.74%
Revenue 1Y (TTM)-16.07%
Revenue growth 3Y3.7%
Revenue growth 5Y1.92%
Sales Q2Q%7.51%
3.2 Future
BRX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.08% yearly.
Based on estimates for the next years, BRX will show a small growth in Revenue. The Revenue will grow by 5.45% on average per year.
EPS Next Y-15.78%
EPS Next 2Y-5.95%
EPS Next 3Y-1.38%
EPS Next 5Y-3.08%
Revenue Next Year5.72%
Revenue Next 2Y3.87%
Revenue Next 3Y3.77%
Revenue Next 5Y5.45%
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BRX is valuated quite expensively with a Price/Earnings ratio of 25.57.
BRX's Price/Earnings ratio is a bit cheaper when compared to the industry. BRX is cheaper than 74.02% of the companies in the same industry.
When comparing the Price/Earnings ratio of BRX to the average of the S&P500 Index (26.91), we can say BRX is valued inline with the index average.
The Price/Forward Earnings ratio is 28.65, which means the current valuation is very expensive for BRX.
Based on the Price/Forward Earnings ratio, BRX is valued a bit cheaper than the industry average as 79.53% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.92, BRX is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.57 | ||
| Fwd PE | 28.65 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BRX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.44 |
4.3 Compensation for Growth
BRX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)6.68
EPS Next 2Y-5.95%
EPS Next 3Y-1.38%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.29%, BRX is a good candidate for dividend investing.
BRX's Dividend Yield is comparable with the industry average which is at 6.23.
Compared to an average S&P500 Dividend Yield of 2.34, BRX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.29% |
5.2 History
The dividend of BRX decreases each year by -0.56%.
BRX has paid a dividend for at least 10 years, which is a reliable track record.
BRX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.56%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
102.47% of the earnings are spent on dividend by BRX. This is not a sustainable payout ratio.
BRX's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP102.47%
EPS Next 2Y-5.95%
EPS Next 3Y-1.38%
28.13
+0.17 (+0.61%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners102.26%
Inst Owner Change-0.02%
Ins Owners0.38%
Ins Owner Change0.02%
Market Cap8.61B
Revenue(TTM)1.33B
Net Income(TTM)334.45M
Analysts80.91
Price Target31.02 (10.27%)
Short Float %4.79%
Short Ratio7.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.29% |
Yearly Dividend1.09
Dividend Growth(5Y)-0.56%
DP102.47%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.15%
Min EPS beat(2)2.35%
Max EPS beat(2)29.95%
EPS beat(4)4
Avg EPS beat(4)24.3%
Min EPS beat(4)2.35%
Max EPS beat(4)44.96%
EPS beat(8)8
Avg EPS beat(8)20.08%
EPS beat(12)11
Avg EPS beat(12)27.34%
EPS beat(16)15
Avg EPS beat(16)31.21%
Revenue beat(2)2
Avg Revenue beat(2)1.4%
Min Revenue beat(2)1.17%
Max Revenue beat(2)1.63%
Revenue beat(4)2
Avg Revenue beat(4)0.35%
Min Revenue beat(4)-0.81%
Max Revenue beat(4)1.63%
Revenue beat(8)4
Avg Revenue beat(8)-0.08%
Revenue beat(12)5
Avg Revenue beat(12)-0.19%
Revenue beat(16)9
Avg Revenue beat(16)0.44%
PT rev (1m)0.39%
PT rev (3m)1.27%
EPS NQ rev (1m)0.5%
EPS NQ rev (3m)2.05%
EPS NY rev (1m)0.17%
EPS NY rev (3m)4.65%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.86%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.57 | ||
| Fwd PE | 28.65 | ||
| P/S | 6.49 | ||
| P/FCF | N/A | ||
| P/OCF | 13.79 | ||
| P/B | 2.92 | ||
| P/tB | 2.92 | ||
| EV/EBITDA | 15.44 |
EPS(TTM)1.1
EY3.91%
EPS(NY)0.98
Fwd EY3.49%
FCF(TTM)-0.11
FCFYN/A
OCF(TTM)2.04
OCFY7.25%
SpS4.33
BVpS9.65
TBVpS9.65
PEG (NY)N/A
PEG (5Y)6.68
Graham Number15.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 11.33% | ||
| ROCE | 6.12% | ||
| ROIC | 4.83% | ||
| ROICexc | 4.9% | ||
| ROICexgc | 4.92% | ||
| OM | 35.5% | ||
| PM (TTM) | 25.22% | ||
| GM | 74.9% | ||
| FCFM | N/A |
ROA(3y)3.88%
ROA(5y)3.26%
ROE(3y)11.45%
ROE(5y)9.75%
ROIC(3y)4.88%
ROIC(5y)4.52%
ROICexc(3y)4.98%
ROICexc(5y)4.66%
ROICexgc(3y)4.99%
ROICexgc(5y)4.67%
ROCE(3y)6.18%
ROCE(5y)5.73%
ROICexgc growth 3Y5.16%
ROICexgc growth 5Y4.28%
ROICexc growth 3Y5.16%
ROICexc growth 5Y4.27%
OM growth 3Y-0.02%
OM growth 5Y-0.47%
PM growth 3Y4.08%
PM growth 5Y2.36%
GM growth 3Y0.52%
GM growth 5Y0.17%
F-Score4
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.73 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.81 | ||
| Cap/Depr | 161.27% | ||
| Cap/Sales | 49.5% | ||
| Interest Coverage | 2.19 | ||
| Cash Conversion | 71.1% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 1.09 |
F-Score4
WACC6.5%
ROIC/WACC0.74
Cap/Depr(3y)160.08%
Cap/Depr(5y)147.91%
Cap/Sales(3y)46.34%
Cap/Sales(5y)43.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)13.4%
EPS 3Y7.24%
EPS 5Y3.83%
EPS Q2Q%21.74%
EPS Next Y-15.78%
EPS Next 2Y-5.95%
EPS Next 3Y-1.38%
EPS Next 5Y-3.08%
Revenue 1Y (TTM)-16.07%
Revenue growth 3Y3.7%
Revenue growth 5Y1.92%
Sales Q2Q%7.51%
Revenue Next Year5.72%
Revenue Next 2Y3.87%
Revenue Next 3Y3.77%
Revenue Next 5Y5.45%
EBIT growth 1Y-19.29%
EBIT growth 3Y3.69%
EBIT growth 5Y1.45%
EBIT Next Year86.83%
EBIT Next 3Y27.61%
EBIT Next 5Y21.48%
FCF growth 1Y-113.12%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y6.3%
OCF growth 3Y4.2%
OCF growth 5Y3.39%
BRIXMOR PROPERTY GROUP INC / BRX FAQ
Can you provide the ChartMill fundamental rating for BRIXMOR PROPERTY GROUP INC?
ChartMill assigns a fundamental rating of 3 / 10 to BRX.
Can you provide the valuation status for BRIXMOR PROPERTY GROUP INC?
ChartMill assigns a valuation rating of 2 / 10 to BRIXMOR PROPERTY GROUP INC (BRX). This can be considered as Overvalued.
How profitable is BRIXMOR PROPERTY GROUP INC (BRX) stock?
BRIXMOR PROPERTY GROUP INC (BRX) has a profitability rating of 7 / 10.
What is the valuation of BRIXMOR PROPERTY GROUP INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BRIXMOR PROPERTY GROUP INC (BRX) is 25.57 and the Price/Book (PB) ratio is 2.92.
Can you provide the expected EPS growth for BRX stock?
The Earnings per Share (EPS) of BRIXMOR PROPERTY GROUP INC (BRX) is expected to decline by -15.78% in the next year.