BRIXMOR PROPERTY GROUP INC (BRX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BRX - US11120U1051 - REIT
26.39 USD
+0.41 (+1.58%)
26.39 USD
0 (0%)
BRX gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 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 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.
Each year in the past 5 years BRX has been profitable.
Each year in the past 5 years BRX had a positive operating cash flow.
1.2 Ratios
BRX has a Return On Assets of 3.67%. This is amongst the best in the industry. BRX outperforms 84.38% of its industry peers.
BRX has a better Return On Equity (11.20%) than 92.97% of its industry peers.
With an excellent Return On Invested Capital value of 4.70%, BRX belongs to the best of the industry, outperforming 90.63% of the companies in the same industry.
BRX had an Average Return On Invested Capital over the past 3 years of 4.88%. This is in line with the industry average of 3.06%.
| 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
BRX has a better Profit Margin (24.65%) than 76.56% of its industry peers.
In the last couple of years the Profit Margin of BRX has grown nicely.
Looking at the Operating Margin, with a value of 35.73%, BRX is in the better half of the industry, outperforming 74.22% of the companies in the same industry.
BRX's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 74.91%, BRX is in the better half of the industry, outperforming 72.66% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BRX is destroying value.
Compared to 1 year ago, BRX has more shares outstanding
BRX has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BRX is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.01, we must say that BRX is in the distress zone and has some risk of bankruptcy.
BRX has a better Altman-Z score (1.01) than 75.78% of its industry peers.
BRX has a Debt/Equity ratio of 1.85. This is a high value indicating a heavy dependency on external 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 | 1.01 |
ROIC/WACC0.73
WACC6.45%
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 73.44% of its industry peers.
A Quick Ratio of 0.67 indicates that BRX may have some problems paying its short term obligations.
BRX has a Quick ratio of 0.67. This is in the lower half of the industry: BRX underperforms 73.44% 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.
BRX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.51%.
Measured over the past years, BRX shows a small growth in Revenue. The Revenue has been growing by 1.92% on average per year.
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
The Earnings Per Share is expected to decrease by -3.08% on average over the next years.
BRX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.27% yearly.
EPS Next Y-9.62%
EPS Next 2Y-4.88%
EPS Next 3Y-0.58%
EPS Next 5Y-3.08%
Revenue Next Year6.5%
Revenue Next 2Y5.6%
Revenue Next 3Y5.24%
Revenue Next 5Y6.27%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 24.21 indicates a rather expensive valuation of BRX.
Compared to the rest of the industry, the Price/Earnings ratio of BRX indicates a somewhat cheap valuation: BRX is cheaper than 78.91% of the companies listed in the same industry.
BRX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.47, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 26.27 indicates a quite expensive valuation of BRX.
82.03% of the companies in the same industry are more expensive than BRX, based on the Price/Forward Earnings ratio.
BRX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.21 | ||
| Fwd PE | 26.27 |
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 | 14.77 |
4.3 Compensation for Growth
The decent profitability rating of BRX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)6.33
EPS Next 2Y-4.88%
EPS Next 3Y-0.58%
5. Dividend
5.1 Amount
BRX has a Yearly Dividend Yield of 4.73%, which is a nice return.
BRX's Dividend Yield is comparable with the industry average which is at 6.59.
Compared to an average S&P500 Dividend Yield of 2.41, BRX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.73% |
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
BRX pays out 105.05% of its income as dividend. 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.
DP105.05%
EPS Next 2Y-4.88%
EPS Next 3Y-0.58%
26.39
+0.41 (+1.58%)
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 Change0.71%
Ins Owners0.38%
Ins Owner Change-0.06%
Market Cap8.08B
Revenue(TTM)1.35B
Net Income(TTM)331.84M
Analysts80.91
Price Target31.22 (18.3%)
Short Float %4.31%
Short Ratio5.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.73% |
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)0.66%
PT rev (3m)2.04%
EPS NQ rev (1m)6.01%
EPS NQ rev (3m)6.52%
EPS NY rev (1m)4.68%
EPS NY rev (3m)7.5%
Revenue NQ rev (1m)3.79%
Revenue NQ rev (3m)1.44%
Revenue NY rev (1m)0.58%
Revenue NY rev (3m)0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.21 | ||
| Fwd PE | 26.27 | ||
| P/S | 6 | ||
| P/FCF | N/A | ||
| P/OCF | 12.72 | ||
| P/B | 2.73 | ||
| P/tB | 2.73 | ||
| EV/EBITDA | 14.77 |
EPS(TTM)1.09
EY4.13%
EPS(NY)1
Fwd EY3.81%
FCF(TTM)-0.49
FCFYN/A
OCF(TTM)2.07
OCFY7.86%
SpS4.4
BVpS9.68
TBVpS9.68
PEG (NY)N/A
PEG (5Y)6.33
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 | 1.01 |
F-Score4
WACC6.45%
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-9.62%
EPS Next 2Y-4.88%
EPS Next 3Y-0.58%
EPS Next 5Y-3.08%
Revenue 1Y (TTM)-15.51%
Revenue growth 3Y3.7%
Revenue growth 5Y1.92%
Sales Q2Q%6.29%
Revenue Next Year6.5%
Revenue Next 2Y5.6%
Revenue Next 3Y5.24%
Revenue Next 5Y6.27%
EBIT growth 1Y-19.14%
EBIT growth 3Y3.69%
EBIT growth 5Y1.45%
EBIT Next Year86.83%
EBIT Next 3Y27.61%
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 24.21 and the Price/Book (PB) ratio is 2.73.
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 -9.62% in the next year.