DOUGLAS EMMETT INC (DEI) Stock Fundamental Analysis
USA - NYSE:DEI - US25960P1093 - REIT
12.94 USD
+0.21 (+1.65%)
12.94 USD
0 (0%)
Overall DEI gets a fundamental rating of 4 out of 10. We evaluated DEI against 127 industry peers in the Diversified REITs industry. The financial health of DEI is average, but there are quite some concerns on its profitability. DEI has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year DEI has reported negative net income.
In the past year DEI had a positive cash flow from operations.
Of the past 5 years DEI 4 years were profitable.
Each year in the past 5 years DEI had a positive operating cash flow.
1.2 Ratios
DEI has a Return On Assets of 0.38%. This is comparable to the rest of the industry: DEI outperforms 44.88% of its industry peers.
Looking at the Return On Equity, with a value of 1.81%, DEI is in line with its industry, outperforming 51.18% of the companies in the same industry.
With a Return On Invested Capital value of 1.67%, DEI is not doing good in the industry: 73.23% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for DEI is in line with the industry average of 3.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.38% | ||
| ROE | 1.81% | ||
| ROIC | 1.67% |
ROA(3y)0.26%
ROA(5y)0.4%
ROE(3y)0.95%
ROE(5y)1.51%
ROIC(3y)1.67%
ROIC(5y)1.63%
1.3 Margins
DEI has a Profit Margin (3.62%) which is in line with its industry peers.
In the last couple of years the Profit Margin of DEI has declined.
DEI's Operating Margin of 19.49% is in line compared to the rest of the industry. DEI outperforms 45.67% of its industry peers.
In the last couple of years the Operating Margin of DEI has declined.
DEI has a Gross Margin of 63.41%. This is in the lower half of the industry: DEI underperforms 61.42% of its industry peers.
In the last couple of years the Gross Margin of DEI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.49% | ||
| PM (TTM) | 3.62% | ||
| GM | 63.41% |
OM growth 3Y-1.45%
OM growth 5Y-4.15%
PM growth 3Y-31.59%
PM growth 5Y-43.41%
GM growth 3Y-1.25%
GM growth 5Y-1.1%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DEI is destroying value.
Compared to 1 year ago, DEI has about the same amount of shares outstanding.
The number of shares outstanding for DEI has been reduced compared to 5 years ago.
Compared to 1 year ago, DEI has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.18, we must say that DEI is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.18, DEI is doing worse than 70.08% of the companies in the same industry.
DEI has a debt to FCF ratio of 43.83. This is a negative value and a sign of low solvency as DEI would need 43.83 years to pay back of all of its debts.
The Debt to FCF ratio of DEI (43.83) is better than 65.35% of its industry peers.
DEI has a Debt/Equity ratio of 2.78. This is a high value indicating a heavy dependency on external financing.
DEI's Debt to Equity ratio of 2.78 is on the low side compared to the rest of the industry. DEI is outperformed by 79.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.78 | ||
| Debt/FCF | 43.83 | ||
| Altman-Z | 0.18 |
ROIC/WACC0.28
WACC5.89%
2.3 Liquidity
DEI has a Current Ratio of 2.54. This indicates that DEI is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.54, DEI belongs to the best of the industry, outperforming 87.40% of the companies in the same industry.
DEI has a Quick Ratio of 2.54. This indicates that DEI is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of DEI (2.54) is better than 87.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.54 | ||
| Quick Ratio | 2.54 |
3. Growth
3.1 Past
DEI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 71.43%, which is quite impressive.
Measured over the past years, DEI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -42.57% on average per year.
The Revenue has decreased by -0.57% in the past year.
The Revenue has been growing slightly by 1.04% on average over the past years.
EPS 1Y (TTM)71.43%
EPS 3Y-20.63%
EPS 5Y-42.57%
EPS Q2Q%-166.67%
Revenue 1Y (TTM)-0.57%
Revenue growth 3Y2.41%
Revenue growth 5Y1.04%
Sales Q2Q%2.71%
3.2 Future
The Earnings Per Share is expected to decrease by -34.99% on average over the next years. This is quite bad
DEI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.95% yearly.
EPS Next Y-47.56%
EPS Next 2Y-78.35%
EPS Next 3Y-41.86%
EPS Next 5Y-34.99%
Revenue Next Year2.57%
Revenue Next 2Y2.27%
Revenue Next 3Y2.19%
Revenue Next 5Y3.95%
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 stable.
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
DEI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for DEI. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DEI is valued a bit cheaper than the industry average as 70.08% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, DEI is valued cheaper than 81.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.07 | ||
| EV/EBITDA | 12.44 |
4.3 Compensation for Growth
DEI's earnings are expected to decrease with -41.86% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-78.35%
EPS Next 3Y-41.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.97%, DEI is a good candidate for dividend investing.
DEI's Dividend Yield is comparable with the industry average which is at 6.42.
DEI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.97% |
5.2 History
The dividend of DEI decreases each year by -6.08%.
DEI has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of DEI decreased recently.
Dividend Growth(5Y)-6.08%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
DEI pays out 351.13% of its income as dividend. This is not a sustainable payout ratio.
DEI's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP351.13%
EPS Next 2Y-78.35%
EPS Next 3Y-41.86%
12.94
+0.21 (+1.65%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners106.21%
Inst Owner Change0.18%
Ins Owners3.41%
Ins Owner Change0%
Market Cap2.17B
Revenue(TTM)999.70M
Net Income(TTM)36.24M
Analysts67.06
Price Target17.09 (32.07%)
Short Float %13.91%
Short Ratio13.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.97% |
Yearly Dividend0.76
Dividend Growth(5Y)-6.08%
DP351.13%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-14.45%
Min EPS beat(2)-65.02%
Max EPS beat(2)36.12%
EPS beat(4)3
Avg EPS beat(4)112.27%
Min EPS beat(4)-65.02%
Max EPS beat(4)397.03%
EPS beat(8)6
Avg EPS beat(8)74.6%
EPS beat(12)7
Avg EPS beat(12)34.84%
EPS beat(16)9
Avg EPS beat(16)19.05%
Revenue beat(2)1
Avg Revenue beat(2)0.51%
Min Revenue beat(2)-0.03%
Max Revenue beat(2)1.05%
Revenue beat(4)2
Avg Revenue beat(4)0.34%
Min Revenue beat(4)-1.38%
Max Revenue beat(4)1.73%
Revenue beat(8)5
Avg Revenue beat(8)0.51%
Revenue beat(12)6
Avg Revenue beat(12)-0.06%
Revenue beat(16)8
Avg Revenue beat(16)0.21%
PT rev (1m)0.17%
PT rev (3m)1.86%
EPS NQ rev (1m)10.26%
EPS NQ rev (3m)16.67%
EPS NY rev (1m)145.46%
EPS NY rev (3m)216.38%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)0.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 2.17 | ||
| P/FCF | 17.07 | ||
| P/OCF | 5.53 | ||
| P/B | 1.08 | ||
| P/tB | 1.09 | ||
| EV/EBITDA | 12.44 |
EPS(TTM)-0.06
EYN/A
EPS(NY)-0.15
Fwd EYN/A
FCF(TTM)0.76
FCFY5.86%
OCF(TTM)2.34
OCFY18.08%
SpS5.97
BVpS11.94
TBVpS11.89
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.38% | ||
| ROE | 1.81% | ||
| ROCE | 2.12% | ||
| ROIC | 1.67% | ||
| ROICexc | 1.75% | ||
| ROICexgc | 1.76% | ||
| OM | 19.49% | ||
| PM (TTM) | 3.62% | ||
| GM | 63.41% | ||
| FCFM | 12.7% |
ROA(3y)0.26%
ROA(5y)0.4%
ROE(3y)0.95%
ROE(5y)1.51%
ROIC(3y)1.67%
ROIC(5y)1.63%
ROICexc(3y)1.75%
ROICexc(5y)1.7%
ROICexgc(3y)1.78%
ROICexgc(5y)1.72%
ROCE(3y)2.12%
ROCE(5y)2.07%
ROICexgc growth 3Y1.27%
ROICexgc growth 5Y-2.56%
ROICexc growth 3Y1.06%
ROICexc growth 5Y-2.66%
OM growth 3Y-1.45%
OM growth 5Y-4.15%
PM growth 3Y-31.59%
PM growth 5Y-43.41%
GM growth 3Y-1.25%
GM growth 5Y-1.1%
F-Score6
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.78 | ||
| Debt/FCF | 43.83 | ||
| Debt/EBITDA | 9.47 | ||
| Cap/Depr | 67.49% | ||
| Cap/Sales | 26.49% | ||
| Interest Coverage | 0.86 | ||
| Cash Conversion | 66.71% | ||
| Profit Quality | 350.25% | ||
| Current Ratio | 2.54 | ||
| Quick Ratio | 2.54 | ||
| Altman-Z | 0.18 |
F-Score6
WACC5.89%
ROIC/WACC0.28
Cap/Depr(3y)88.33%
Cap/Depr(5y)84.24%
Cap/Sales(3y)34.7%
Cap/Sales(5y)33.88%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)71.43%
EPS 3Y-20.63%
EPS 5Y-42.57%
EPS Q2Q%-166.67%
EPS Next Y-47.56%
EPS Next 2Y-78.35%
EPS Next 3Y-41.86%
EPS Next 5Y-34.99%
Revenue 1Y (TTM)-0.57%
Revenue growth 3Y2.41%
Revenue growth 5Y1.04%
Sales Q2Q%2.71%
Revenue Next Year2.57%
Revenue Next 2Y2.27%
Revenue Next 3Y2.19%
Revenue Next 5Y3.95%
EBIT growth 1Y14.89%
EBIT growth 3Y0.93%
EBIT growth 5Y-3.15%
EBIT Next Year186.97%
EBIT Next 3Y44.18%
EBIT Next 5Y33.59%
FCF growth 1Y-47.19%
FCF growth 3Y3.24%
FCF growth 5YN/A
OCF growth 1Y-18.92%
OCF growth 3Y-2.94%
OCF growth 5Y-2.74%
DOUGLAS EMMETT INC / DEI FAQ
Can you provide the ChartMill fundamental rating for DOUGLAS EMMETT INC?
ChartMill assigns a fundamental rating of 4 / 10 to DEI.
What is the valuation status for DEI stock?
ChartMill assigns a valuation rating of 2 / 10 to DOUGLAS EMMETT INC (DEI). This can be considered as Overvalued.
How profitable is DOUGLAS EMMETT INC (DEI) stock?
DOUGLAS EMMETT INC (DEI) has a profitability rating of 3 / 10.
Can you provide the dividend sustainability for DEI stock?
The dividend rating of DOUGLAS EMMETT INC (DEI) is 4 / 10 and the dividend payout ratio is 351.13%.