BRIXMOR PROPERTY GROUP INC (BRX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BRX - US11120U1051 - REIT
25.92 USD
-0.03 (-0.12%)
25.92 USD
0 (0%)
Taking everything into account, BRX scores 3 out of 10 in our fundamental rating. BRX was compared to 128 industry peers in the Diversified REITs industry. While BRX belongs to the best of the industry regarding profitability, there are concerns on its financial health. BRX is valued expensive and it does not seem to be growing.
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.
BRX had positive earnings in each of the past 5 years.
In the past 5 years BRX always reported a positive cash flow from operatings.
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.
BRX's Return On Equity of 11.20% is amongst the best of the industry. BRX outperforms 89.84% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.70%, BRX belongs to the top of the industry, outperforming 91.41% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital 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 has a better Operating Margin (35.73%) than 74.22% of its industry peers.
BRX's Operating Margin has been stable in the last couple of years.
BRX has a better Gross Margin (74.91%) than 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 0.99, we must say that BRX is in the distress zone and has some risk of bankruptcy.
BRX has a better Altman-Z score (0.99) than 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.
BRX has a worse Debt to Equity ratio (1.85) than 67.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.85 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.99 |
ROIC/WACC0.72
WACC6.48%
2.3 Liquidity
A Current Ratio of 0.67 indicates that BRX may have some problems paying its short term obligations.
With a Current ratio value of 0.67, BRX is not doing good in the industry: 72.66% of the companies in the same industry are doing better.
BRX has a Quick 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 has a Quick ratio of 0.67. This is in the lower half of the industry: BRX underperforms 72.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
BRX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.93%.
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.
The Revenue for BRX has decreased by -15.51% in the past year. This is quite bad
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.
The Revenue is expected to grow by 6.27% on average over the next years.
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
Based on the Price/Earnings ratio of 23.78, the valuation of BRX can be described as rather expensive.
BRX's Price/Earnings ratio is a bit cheaper when compared to the industry. BRX is cheaper than 75.78% of the companies in the same industry.
BRX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.26, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 25.35 indicates a quite expensive valuation of BRX.
BRX's Price/Forward Earnings ratio is rather cheap when compared to the industry. BRX is cheaper than 83.59% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.68, BRX is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.78 | ||
| Fwd PE | 25.35 |
4.2 Price Multiples
BRX's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.61 |
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)6.21
EPS Next 2Y-4.03%
EPS Next 3Y-0.36%
5. Dividend
5.1 Amount
BRX has a Yearly Dividend Yield of 4.81%, which is a nice return.
BRX's Dividend Yield is comparable with the industry average which is at 6.20.
Compared to an average S&P500 Dividend Yield of 1.87, BRX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
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
BRX pays out 105.05% of its income as dividend. 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%
25.92
-0.03 (-0.12%)
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 Cap7.93B
Revenue(TTM)1.35B
Net Income(TTM)331.84M
Analysts80.91
Price Target31.17 (20.25%)
Short Float %4.32%
Short Ratio5.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
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)0.86%
EPS NQ rev (1m)1.53%
EPS NQ rev (3m)9.21%
EPS NY rev (1m)4.07%
EPS NY rev (3m)11.88%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)4.05%
Revenue NY rev (1m)0.44%
Revenue NY rev (3m)1.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.78 | ||
| Fwd PE | 25.35 | ||
| P/S | 5.89 | ||
| P/FCF | N/A | ||
| P/OCF | 12.49 | ||
| P/B | 2.68 | ||
| P/tB | 2.68 | ||
| EV/EBITDA | 14.61 |
EPS(TTM)1.09
EY4.21%
EPS(NY)1.02
Fwd EY3.94%
FCF(TTM)-0.49
FCFYN/A
OCF(TTM)2.07
OCFY8%
SpS4.4
BVpS9.68
TBVpS9.68
PEG (NY)N/A
PEG (5Y)6.21
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 | 0.99 |
F-Score4
WACC6.48%
ROIC/WACC0.72
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 23.78 and the Price/Book (PB) ratio is 2.68.
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.