CAMDEN PROPERTY TRUST (CPT) Stock Fundamental Analysis
USA - NYSE:CPT - US1331311027 - REIT
102.69 USD
-0.99 (-0.95%)
102.69 USD
0 (0%)
Overall CPT gets a fundamental rating of 4 out of 10. We evaluated CPT against 20 industry peers in the Residential REITs industry. CPT has a medium profitability rating, but doesn't score so well on its financial health evaluation. CPT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CPT had positive earnings in the past year.
CPT had a positive operating cash flow in the past year.
Each year in the past 5 years CPT has been profitable.
Each year in the past 5 years CPT had a positive operating cash flow.
1.2 Ratios
CPT has a Return On Assets (2.97%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 5.92%, CPT is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
CPT has a Return On Invested Capital (2.64%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for CPT is in line with the industry average of 2.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.97% | ||
| ROE | 5.92% | ||
| ROIC | 2.64% |
ROA(3y)4.38%
ROA(5y)3.73%
ROE(3y)8.22%
ROE(5y)7.1%
ROIC(3y)2.74%
ROIC(5y)2.62%
1.3 Margins
CPT's Profit Margin of 17.11% is in line compared to the rest of the industry. CPT outperforms 55.00% of its industry peers.
In the last couple of years the Profit Margin of CPT has declined.
CPT has a Operating Margin of 18.25%. This is comparable to the rest of the industry: CPT outperforms 50.00% of its industry peers.
In the last couple of years the Operating Margin of CPT has declined.
With a decent Gross Margin value of 61.28%, CPT is doing good in the industry, outperforming 75.00% of the companies in the same industry.
CPT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.25% | ||
| PM (TTM) | 17.11% | ||
| GM | 61.28% |
OM growth 3Y-0.89%
OM growth 5Y-4.58%
PM growth 3Y-26.44%
PM growth 5Y-13.1%
GM growth 3Y0.19%
GM growth 5Y-0.06%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CPT is destroying value.
Compared to 1 year ago, CPT has less shares outstanding
Compared to 5 years ago, CPT has more shares outstanding
Compared to 1 year ago, CPT has an improved debt to assets ratio.
2.2 Solvency
CPT has an Altman-Z score of 1.53. This is a bad value and indicates that CPT is not financially healthy and even has some risk of bankruptcy.
CPT has a better Altman-Z score (1.53) than 75.00% of its industry peers.
CPT has a debt to FCF ratio of 9.72. This is a negative value and a sign of low solvency as CPT would need 9.72 years to pay back of all of its debts.
The Debt to FCF ratio of CPT (9.72) is better than 95.00% of its industry peers.
CPT has a Debt/Equity ratio of 0.82. This is a neutral value indicating CPT is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.82, CPT is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 9.72 | ||
| Altman-Z | 1.53 |
ROIC/WACC0.36
WACC7.31%
2.3 Liquidity
A Current Ratio of 0.07 indicates that CPT may have some problems paying its short term obligations.
The Current ratio of CPT (0.07) is worse than 80.00% of its industry peers.
A Quick Ratio of 0.07 indicates that CPT may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.07, CPT is doing worse than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 |
3. Growth
3.1 Past
CPT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -42.37%.
The Earnings Per Share has been growing slightly by 0.43% on average over the past years.
The Revenue has been growing slightly by 1.55% in the past year.
The Revenue has been growing by 8.46% on average over the past years. This is quite good.
EPS 1Y (TTM)-42.37%
EPS 3Y13.97%
EPS 5Y0.43%
EPS Q2Q%194.12%
Revenue 1Y (TTM)1.55%
Revenue growth 3Y10.52%
Revenue growth 5Y8.46%
Sales Q2Q%2.18%
3.2 Future
CPT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.69% yearly.
Based on estimates for the next years, CPT will show a small growth in Revenue. The Revenue will grow by 4.51% on average per year.
EPS Next Y-10.21%
EPS Next 2Y-11.47%
EPS Next 3Y0.69%
EPS Next 5YN/A
Revenue Next Year2.44%
Revenue Next 2Y2.5%
Revenue Next 3Y3.27%
Revenue Next 5Y4.51%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 50.34, CPT can be considered very expensive at the moment.
CPT's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of CPT to the average of the S&P500 Index (26.34), we can say CPT is valued expensively.
Based on the Price/Forward Earnings ratio of 69.69, the valuation of CPT can be described as expensive.
CPT's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 34.43. CPT is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.34 | ||
| Fwd PE | 69.69 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CPT indicates a somewhat cheap valuation: CPT is cheaper than 80.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CPT is valued cheaper than 85.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.53 | ||
| EV/EBITDA | 16.57 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)116.78
EPS Next 2Y-11.47%
EPS Next 3Y0.69%
5. Dividend
5.1 Amount
CPT has a Yearly Dividend Yield of 4.10%, which is a nice return.
CPT's Dividend Yield is slightly below the industry average, which is at 7.24.
CPT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.1% |
5.2 History
The dividend of CPT has a limited annual growth rate of 4.99%.
CPT has been paying a dividend for at least 10 years, so it has a reliable track record.
CPT has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.99%
Div Incr Years7
Div Non Decr Years14
5.3 Sustainability
CPT pays out 170.91% of its income as dividend. This is not a sustainable payout ratio.
The dividend of CPT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP170.91%
EPS Next 2Y-11.47%
EPS Next 3Y0.69%
102.69
-0.99 (-0.95%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners96.78%
Inst Owner Change-1.15%
Ins Owners1.25%
Ins Owner Change0.94%
Market Cap10.97B
Revenue(TTM)1.57B
Net Income(TTM)268.55M
Analysts72.67
Price Target123.59 (20.35%)
Short Float %2.77%
Short Ratio3.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.1% |
Yearly Dividend4.15
Dividend Growth(5Y)4.99%
DP170.91%
Div Incr Years7
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)121.26%
Min EPS beat(2)-0.59%
Max EPS beat(2)243.11%
EPS beat(4)2
Avg EPS beat(4)58.98%
Min EPS beat(4)-12.31%
Max EPS beat(4)243.11%
EPS beat(8)4
Avg EPS beat(8)90.86%
EPS beat(12)8
Avg EPS beat(12)76.46%
EPS beat(16)9
Avg EPS beat(16)99.25%
Revenue beat(2)0
Avg Revenue beat(2)-1.09%
Min Revenue beat(2)-1.74%
Max Revenue beat(2)-0.45%
Revenue beat(4)0
Avg Revenue beat(4)-0.97%
Min Revenue beat(4)-1.74%
Max Revenue beat(4)-0.45%
Revenue beat(8)0
Avg Revenue beat(8)-1.04%
Revenue beat(12)0
Avg Revenue beat(12)-0.97%
Revenue beat(16)2
Avg Revenue beat(16)5.1%
PT rev (1m)-0.63%
PT rev (3m)-4.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.37%
EPS NY rev (1m)10.27%
EPS NY rev (3m)29.82%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)0.45%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.34 | ||
| Fwd PE | 69.69 | ||
| P/S | 6.99 | ||
| P/FCF | 28.53 | ||
| P/OCF | 14.03 | ||
| P/B | 2.42 | ||
| P/tB | 2.42 | ||
| EV/EBITDA | 16.57 |
EPS(TTM)2.04
EY1.99%
EPS(NY)1.47
Fwd EY1.43%
FCF(TTM)3.6
FCFY3.51%
OCF(TTM)7.32
OCFY7.13%
SpS14.68
BVpS42.45
TBVpS42.45
PEG (NY)N/A
PEG (5Y)116.78
Graham Number44.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.97% | ||
| ROE | 5.92% | ||
| ROCE | 3.34% | ||
| ROIC | 2.64% | ||
| ROICexc | 2.65% | ||
| ROICexgc | 2.73% | ||
| OM | 18.25% | ||
| PM (TTM) | 17.11% | ||
| GM | 61.28% | ||
| FCFM | 24.51% |
ROA(3y)4.38%
ROA(5y)3.73%
ROE(3y)8.22%
ROE(5y)7.1%
ROIC(3y)2.74%
ROIC(5y)2.62%
ROICexc(3y)2.77%
ROICexc(5y)2.72%
ROICexgc(3y)2.85%
ROICexgc(5y)2.8%
ROCE(3y)3.46%
ROCE(5y)3.32%
ROICexgc growth 3Y0.86%
ROICexgc growth 5Y-2.21%
ROICexc growth 3Y1.1%
ROICexc growth 5Y-2.02%
OM growth 3Y-0.89%
OM growth 5Y-4.58%
PM growth 3Y-26.44%
PM growth 5Y-13.1%
GM growth 3Y0.19%
GM growth 5Y-0.06%
F-Score5
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 9.72 | ||
| Debt/EBITDA | 4.19 | ||
| Cap/Depr | 65.56% | ||
| Cap/Sales | 25.33% | ||
| Interest Coverage | 2.06 | ||
| Cash Conversion | 87.62% | ||
| Profit Quality | 143.24% | ||
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 | ||
| Altman-Z | 1.53 |
F-Score5
WACC7.31%
ROIC/WACC0.36
Cap/Depr(3y)72.34%
Cap/Depr(5y)87.06%
Cap/Sales(3y)27.91%
Cap/Sales(5y)32.43%
Profit Quality(3y)124.82%
Profit Quality(5y)99.59%
High Growth Momentum
Growth
EPS 1Y (TTM)-42.37%
EPS 3Y13.97%
EPS 5Y0.43%
EPS Q2Q%194.12%
EPS Next Y-10.21%
EPS Next 2Y-11.47%
EPS Next 3Y0.69%
EPS Next 5YN/A
Revenue 1Y (TTM)1.55%
Revenue growth 3Y10.52%
Revenue growth 5Y8.46%
Sales Q2Q%2.18%
Revenue Next Year2.44%
Revenue Next 2Y2.5%
Revenue Next 3Y3.27%
Revenue Next 5Y4.51%
EBIT growth 1Y-5.72%
EBIT growth 3Y9.54%
EBIT growth 5Y3.5%
EBIT Next Year207.48%
EBIT Next 3Y49.06%
EBIT Next 5Y37.61%
FCF growth 1Y3.98%
FCF growth 3Y36.84%
FCF growth 5Y20.83%
OCF growth 1Y1.43%
OCF growth 3Y10.3%
OCF growth 5Y6.88%
CAMDEN PROPERTY TRUST / CPT FAQ
What is the fundamental rating for CPT stock?
ChartMill assigns a fundamental rating of 4 / 10 to CPT.
Can you provide the valuation status for CAMDEN PROPERTY TRUST?
ChartMill assigns a valuation rating of 3 / 10 to CAMDEN PROPERTY TRUST (CPT). This can be considered as Overvalued.
Can you provide the profitability details for CAMDEN PROPERTY TRUST?
CAMDEN PROPERTY TRUST (CPT) has a profitability rating of 5 / 10.
Can you provide the financial health for CPT stock?
The financial health rating of CAMDEN PROPERTY TRUST (CPT) is 3 / 10.
What is the earnings growth outlook for CAMDEN PROPERTY TRUST?
The Earnings per Share (EPS) of CAMDEN PROPERTY TRUST (CPT) is expected to decline by -10.21% in the next year.