BRIXMOR PROPERTY GROUP INC (BRX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BRX - US11120U1051 - REIT
25.19 USD
-0.07 (-0.28%)
25.19 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to BRX. BRX was compared to 128 industry peers in the Diversified REITs industry. BRX scores excellent on profitability, but there are concerns on its financial health. BRX has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
BRX had positive earnings in the past year.
In the past year BRX had a positive cash flow from operations.
In the past 5 years BRX has always been profitable.
BRX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BRX has a Return On Assets of 3.67%. This is amongst the best in the industry. BRX outperforms 80.47% of its industry peers.
The Return On Equity of BRX (11.20%) is better than 89.84% of its industry peers.
BRX has a Return On Invested Capital of 4.70%. This is amongst the best in the industry. BRX outperforms 91.41% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BRX is in line with the industry average of 3.05%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.67% | ||
| ROE | 11.2% | ||
| ROIC | 4.7% |
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
Looking at the Profit Margin, with a value of 24.65%, BRX is in the better half of the industry, outperforming 73.44% of the companies in the same industry.
In the last couple of years the Profit Margin of BRX has grown nicely.
BRX's Operating Margin of 35.73% is fine compared to the rest of the industry. BRX outperforms 74.22% of its industry peers.
In the last couple of years the Operating Margin of BRX has remained more or less at the same level.
BRX's Gross Margin of 74.91% is fine compared to the rest of the industry. BRX outperforms 72.66% of its industry peers.
BRX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.73% | ||
| PM (TTM) | 24.65% | ||
| GM | 74.91% |
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
BRX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for BRX has been increased compared to 1 year ago.
Compared to 5 years ago, BRX has more shares outstanding
BRX has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.97, we must say that BRX is in the distress zone and has some risk of bankruptcy.
BRX has a Altman-Z score of 0.97. This is in the better half of the industry: BRX outperforms 75.00% of its industry peers.
A Debt/Equity ratio of 1.85 is on the high side and indicates that BRX has dependencies on debt financing.
The Debt to Equity ratio of BRX (1.85) is worse than 67.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.85 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.97 |
ROIC/WACC0.73
WACC6.43%
2.3 Liquidity
BRX has a Current Ratio of 0.67. 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's Current ratio of 0.67 is on the low side compared to the rest of the industry. BRX is outperformed by 72.66% of its industry peers.
A Quick Ratio of 0.67 indicates that BRX may have some problems paying its short term obligations.
BRX's Quick ratio of 0.67 is on the low side compared to the rest of the industry. BRX is outperformed by 72.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.93% over the past year.
Measured over the past 5 years, BRX shows a small growth in Earnings Per Share. The EPS has been growing by 3.83% on average per year.
Looking at the last year, BRX shows a very negative growth in Revenue. The Revenue has decreased by -15.51% in the last year.
BRX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.92% yearly.
EPS 1Y (TTM)0.93%
EPS 3Y7.24%
EPS 5Y3.83%
EPS Q2Q%-3.13%
Revenue 1Y (TTM)-15.51%
Revenue growth 3Y3.7%
Revenue growth 5Y1.92%
Sales Q2Q%6.29%
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 6.27% on average per year.
EPS Next Y-5.94%
EPS Next 2Y-4.03%
EPS Next 3Y-0.36%
EPS Next 5Y-3.08%
Revenue Next Year6.96%
Revenue Next 2Y5.68%
Revenue Next 3Y5.17%
Revenue Next 5Y6.27%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
With a Price/Earnings ratio of 23.11, BRX is valued on the expensive side.
75.78% of the companies in the same industry are more expensive than BRX, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.49, BRX is valued at the same level.
The Price/Forward Earnings ratio is 24.64, which indicates a rather expensive current valuation of BRX.
Based on the Price/Forward Earnings ratio, BRX is valued cheaply inside the industry as 83.59% of the companies are valued more expensively.
BRX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.11 | ||
| Fwd PE | 24.64 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BRX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.36 |
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)6.04
EPS Next 2Y-4.03%
EPS Next 3Y-0.36%
5. Dividend
5.1 Amount
BRX has a Yearly Dividend Yield of 4.87%, which is a nice return.
Compared to an average industry Dividend Yield of 6.59, BRX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, BRX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
5.2 History
The dividend of BRX decreases each year by -0.56%.
BRX has been paying a dividend for at least 10 years, so it has 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
105.05% of the earnings are spent on dividend by BRX. This is not a sustainable payout ratio.
The Dividend Rate of BRX has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP105.05%
EPS Next 2Y-4.03%
EPS Next 3Y-0.36%
25.19
-0.07 (-0.28%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners102.66%
Inst Owner Change0.72%
Ins Owners0.38%
Ins Owner Change-0.06%
Market Cap7.71B
Revenue(TTM)1.35B
Net Income(TTM)331.84M
Analysts80.91
Price Target31.17 (23.74%)
Short Float %4.32%
Short Ratio5.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
Yearly Dividend1.09
Dividend Growth(5Y)-0.56%
DP105.05%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)33.35%
Min EPS beat(2)29.95%
Max EPS beat(2)36.75%
EPS beat(4)4
Avg EPS beat(4)22.25%
Min EPS beat(4)2.35%
Max EPS beat(4)36.75%
EPS beat(8)8
Avg EPS beat(8)24.34%
EPS beat(12)11
Avg EPS beat(12)28.1%
EPS beat(16)15
Avg EPS beat(16)30.59%
Revenue beat(2)2
Avg Revenue beat(2)2.11%
Min Revenue beat(2)1.63%
Max Revenue beat(2)2.59%
Revenue beat(4)3
Avg Revenue beat(4)1.2%
Min Revenue beat(4)-0.6%
Max Revenue beat(4)2.59%
Revenue beat(8)5
Avg Revenue beat(8)0.4%
Revenue beat(12)6
Avg Revenue beat(12)0.03%
Revenue beat(16)9
Avg Revenue beat(16)0.42%
PT rev (1m)-0.11%
PT rev (3m)1.45%
EPS NQ rev (1m)1.53%
EPS NQ rev (3m)8.94%
EPS NY rev (1m)4.07%
EPS NY rev (3m)11.88%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)1.42%
Revenue NY rev (1m)0.44%
Revenue NY rev (3m)1.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.11 | ||
| Fwd PE | 24.64 | ||
| P/S | 5.73 | ||
| P/FCF | N/A | ||
| P/OCF | 12.14 | ||
| P/B | 2.6 | ||
| P/tB | 2.6 | ||
| EV/EBITDA | 14.36 |
EPS(TTM)1.09
EY4.33%
EPS(NY)1.02
Fwd EY4.06%
FCF(TTM)-0.49
FCFYN/A
OCF(TTM)2.07
OCFY8.24%
SpS4.4
BVpS9.68
TBVpS9.68
PEG (NY)N/A
PEG (5Y)6.04
Graham Number15.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.67% | ||
| ROE | 11.2% | ||
| ROCE | 5.95% | ||
| ROIC | 4.7% | ||
| ROICexc | 4.9% | ||
| ROICexgc | 4.91% | ||
| OM | 35.73% | ||
| PM (TTM) | 24.65% | ||
| GM | 74.91% | ||
| 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 | 1.85 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.13 | ||
| Cap/Depr | 189.02% | ||
| Cap/Sales | 58.33% | ||
| Interest Coverage | 2.31 | ||
| Cash Conversion | 70.83% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z | 0.97 |
F-Score4
WACC6.43%
ROIC/WACC0.73
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)0.93%
EPS 3Y7.24%
EPS 5Y3.83%
EPS Q2Q%-3.13%
EPS Next Y-5.94%
EPS Next 2Y-4.03%
EPS Next 3Y-0.36%
EPS Next 5Y-3.08%
Revenue 1Y (TTM)-15.51%
Revenue growth 3Y3.7%
Revenue growth 5Y1.92%
Sales Q2Q%6.29%
Revenue Next Year6.96%
Revenue Next 2Y5.68%
Revenue Next 3Y5.17%
Revenue Next 5Y6.27%
EBIT growth 1Y-19.14%
EBIT growth 3Y3.69%
EBIT growth 5Y1.45%
EBIT Next Year89.05%
EBIT Next 3Y27.86%
EBIT Next 5Y22.66%
FCF growth 1Y-166.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9.73%
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 3 / 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 23.11 and the Price/Book (PB) ratio is 2.6.
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 -5.94% in the next year.