CENTERSPACE (CSR) Stock Fundamental Analysis
NYSE:CSR - New York Stock Exchange, Inc. - US15202L1070 - REIT
CSR gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 20 industry peers in the Residential REITs industry. Both the profitability and financial health of CSR have multiple concerns. CSR does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year CSR has reported negative net income.
CSR had a positive operating cash flow in the past year.
In multiple years CSR reported negative net income over the last 5 years.
In the past 5 years CSR always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CSR (-1.29%) is worse than 85.00% of its industry peers.
Looking at the Return On Equity, with a value of -3.53%, CSR is doing worse than 80.00% of the companies in the same industry.
CSR has a Return On Invested Capital of 1.07%. This is in the lower half of the industry: CSR underperforms 75.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CSR is in line with the industry average of 2.61%.
The 3 year average ROIC (0.64%) for CSR is below the current ROIC(1.07%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.29% | ||
| ROE | -3.53% | ||
| ROIC | 1.07% |
ROA(3y)0.16%
ROA(5y)1.1%
ROE(3y)0.41%
ROE(5y)2.45%
ROIC(3y)0.64%
ROIC(5y)0.64%
1.3 Margins
CSR's Profit Margin has declined in the last couple of years.
CSR has a Operating Margin of 9.60%. This is amonst the worse of the industry: CSR underperforms 85.00% of its industry peers.
CSR's Operating Margin has improved in the last couple of years.
CSR has a Gross Margin (58.29%) which is comparable to the rest of the industry.
CSR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.6% | ||
| PM (TTM) | N/A | ||
| GM | 58.29% |
OM growth 3Y23.96%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y-26.35%
GM growth 3Y0.91%
GM growth 5Y1.24%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CSR is destroying value.
Compared to 1 year ago, CSR has less shares outstanding
The number of shares outstanding for CSR has been increased compared to 5 years ago.
CSR has a better debt/assets ratio than last year.
2.2 Solvency
CSR has an Altman-Z score of 0.22. This is a bad value and indicates that CSR is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.22, CSR is not doing good in the industry: 85.00% of the companies in the same industry are doing better.
CSR has a Debt/Equity ratio of 1.34. This is a high value indicating a heavy dependency on external financing.
CSR has a worse Debt to Equity ratio (1.34) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.22 |
ROIC/WACC0.17
WACC6.14%
2.3 Liquidity
A Current Ratio of 0.24 indicates that CSR may have some problems paying its short term obligations.
The Current ratio of CSR (0.24) is worse than 60.00% of its industry peers.
CSR has a Quick Ratio of 0.24. This is a bad value and indicates that CSR is not financially healthy enough and could expect problems in meeting its short term obligations.
CSR's Quick ratio of 0.24 is on the low side compared to the rest of the industry. CSR is outperformed by 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.24 | ||
| Quick Ratio | 0.24 |
3. Growth
3.1 Past
The earnings per share for CSR have decreased strongly by -145.86% in the last year.
Measured over the past years, CSR shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -25.27% on average per year.
CSR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.33%.
CSR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.02% yearly.
EPS 1Y (TTM)-145.86%
EPS 3YN/A
EPS 5Y-25.27%
EPS Q2Q%-197.56%
Revenue 1Y (TTM)-22.33%
Revenue growth 3Y13.65%
Revenue growth 5Y9.02%
Sales Q2Q%0.71%
3.2 Future
Based on estimates for the next years, CSR will show a very negative growth in Earnings Per Share. The EPS will decrease by -40.77% on average per year.
CSR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.33% yearly.
EPS Next Y-137.74%
EPS Next 2Y-46.55%
EPS Next 3Y-40.77%
EPS Next 5YN/A
Revenue Next Year-0.38%
Revenue Next 2Y1.56%
Revenue Next 3Y2.33%
Revenue Next 5YN/A
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CSR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year CSR is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CSR is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.76 |
4.3 Compensation for Growth
A cheap valuation may be justified as CSR's earnings are expected to decrease with -40.77% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-46.55%
EPS Next 3Y-40.77%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.88%, CSR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.29, CSR pays a bit more dividend than its industry peers.
CSR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
5.2 History
The dividend of CSR decreases each year by -0.79%.
CSR has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.79%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of CSR are negative and hence is the payout ratio. CSR will probably not be able to sustain this dividend level.
CSR's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-211.13%
EPS Next 2Y-46.55%
EPS Next 3Y-40.77%
CENTERSPACE
NYSE:CSR (1/21/2025, 8:04:00 PM)
After market: 62.34 0 (0%)62.34
+1.36 (+2.23%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners80.62%
Inst Owner Change-0.09%
Ins Owners0.88%
Ins Owner Change2.61%
Market Cap1.03B
Analysts72.86
Price Target77.18 (23.8%)
Short Float %1.67%
Short Ratio2.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
Yearly Dividend3.39
Dividend Growth(5Y)-0.79%
DP-211.13%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-25.63%
Min EPS beat(2)-76.02%
Max EPS beat(2)24.75%
EPS beat(4)1
Avg EPS beat(4)-120.03%
Min EPS beat(4)-399.57%
Max EPS beat(4)24.75%
EPS beat(8)4
Avg EPS beat(8)736.33%
EPS beat(12)6
Avg EPS beat(12)496.1%
EPS beat(16)8
Avg EPS beat(16)287.46%
Revenue beat(2)0
Avg Revenue beat(2)-3.12%
Min Revenue beat(2)-4.79%
Max Revenue beat(2)-1.45%
Revenue beat(4)0
Avg Revenue beat(4)-1.98%
Min Revenue beat(4)-4.79%
Max Revenue beat(4)-0.8%
Revenue beat(8)2
Avg Revenue beat(8)-1.34%
Revenue beat(12)6
Avg Revenue beat(12)-0.2%
Revenue beat(16)9
Avg Revenue beat(16)-0.12%
PT rev (1m)-0.6%
PT rev (3m)-0.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)43.4%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.17%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 3.99 | ||
| P/FCF | N/A | ||
| P/OCF | 11.27 | ||
| P/B | 1.5 | ||
| P/tB | 1.5 | ||
| EV/EBITDA | 14.76 |
EPS(TTM)-1.33
EYN/A
EPS(NY)-0.41
Fwd EYN/A
FCF(TTM)-1.05
FCFYN/A
OCF(TTM)5.53
OCFY8.88%
SpS15.61
BVpS41.58
TBVpS41.58
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.29% | ||
| ROE | -3.53% | ||
| ROCE | 1.36% | ||
| ROIC | 1.07% | ||
| ROICexc | 1.08% | ||
| ROICexgc | 1.1% | ||
| OM | 9.6% | ||
| PM (TTM) | N/A | ||
| GM | 58.29% | ||
| FCFM | N/A |
ROA(3y)0.16%
ROA(5y)1.1%
ROE(3y)0.41%
ROE(5y)2.45%
ROIC(3y)0.64%
ROIC(5y)0.64%
ROICexc(3y)0.64%
ROICexc(5y)0.65%
ROICexgc(3y)0.64%
ROICexgc(5y)0.65%
ROCE(3y)0.81%
ROCE(5y)0.81%
ROICexcg growth 3Y28.65%
ROICexcg growth 5YN/A
ROICexc growth 3Y28.52%
ROICexc growth 5YN/A
OM growth 3Y23.96%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y-26.35%
GM growth 3Y0.91%
GM growth 5Y1.24%
F-Score3
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.01 | ||
| Cap/Depr | 102.33% | ||
| Cap/Sales | 42.18% | ||
| Interest Coverage | 0.76 | ||
| Cash Conversion | 69.76% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.24 | ||
| Quick Ratio | 0.24 | ||
| Altman-Z | 0.22 |
F-Score3
WACC6.14%
ROIC/WACC0.17
Cap/Depr(3y)194.07%
Cap/Depr(5y)215.99%
Cap/Sales(3y)84.98%
Cap/Sales(5y)92.66%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-145.86%
EPS 3YN/A
EPS 5Y-25.27%
EPS Q2Q%-197.56%
EPS Next Y-137.74%
EPS Next 2Y-46.55%
EPS Next 3Y-40.77%
EPS Next 5YN/A
Revenue 1Y (TTM)-22.33%
Revenue growth 3Y13.65%
Revenue growth 5Y9.02%
Sales Q2Q%0.71%
Revenue Next Year-0.38%
Revenue Next 2Y1.56%
Revenue Next 3Y2.33%
Revenue Next 5YN/A
EBIT growth 1Y-22.92%
EBIT growth 3Y40.88%
EBIT growth 5YN/A
EBIT Next Year484.31%
EBIT Next 3Y83.96%
EBIT Next 5YN/A
FCF growth 1Y85.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-5.14%
OCF growth 3Y13.52%
OCF growth 5Y10.15%