EASTGROUP PROPERTIES INC (EGP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EGP - US2772761019 - REIT
181.18 USD
0 (0%)
181.18 USD
0 (0%)
Taking everything into account, EGP scores 5 out of 10 in our fundamental rating. EGP was compared to 128 industry peers in the Diversified REITs industry. EGP scores excellent on profitability, but there are concerns on its financial health. EGP is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year EGP was profitable.
EGP had a positive operating cash flow in the past year.
EGP had positive earnings in each of the past 5 years.
In the past 5 years EGP always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of EGP (4.64%) is better than 92.97% of its industry peers.
With an excellent Return On Equity value of 7.08%, EGP belongs to the best of the industry, outperforming 80.47% of the companies in the same industry.
EGP has a better Return On Invested Capital (4.43%) than 85.94% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EGP is in line with the industry average of 3.06%.
The last Return On Invested Capital (4.43%) for EGP is above the 3 year average (4.12%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.64% | ||
| ROE | 7.08% | ||
| ROIC | 4.43% |
ROA(3y)4.51%
ROA(5y)4.48%
ROE(3y)8.05%
ROE(5y)8.54%
ROIC(3y)4.12%
ROIC(5y)4.02%
1.3 Margins
EGP has a better Profit Margin (35.58%) than 89.06% of its industry peers.
In the last couple of years the Profit Margin of EGP has remained more or less at the same level.
EGP has a Operating Margin of 39.91%. This is amongst the best in the industry. EGP outperforms 85.94% of its industry peers.
EGP's Operating Margin has improved in the last couple of years.
EGP's Gross Margin of 73.30% is fine compared to the rest of the industry. EGP outperforms 67.19% of its industry peers.
EGP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.91% | ||
| PM (TTM) | 35.58% | ||
| GM | 73.3% |
OM growth 3Y2.65%
OM growth 5Y2.53%
PM growth 3Y-2.58%
PM growth 5Y-0.63%
GM growth 3Y0.41%
GM growth 5Y0.26%
2. Health
2.1 Basic Checks
EGP 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 EGP has been increased compared to 1 year ago.
The number of shares outstanding for EGP has been increased compared to 5 years ago.
The debt/assets ratio for EGP has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.27 indicates that EGP is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.27, EGP belongs to the top of the industry, outperforming 97.66% of the companies in the same industry.
EGP has a Debt/Equity ratio of 0.39. This is a healthy value indicating a solid balance between debt and equity.
EGP has a Debt to Equity ratio of 0.39. This is amongst the best in the industry. EGP outperforms 94.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.27 |
ROIC/WACC0.58
WACC7.7%
2.3 Liquidity
EGP has a Current Ratio of 0.32. This is a bad value and indicates that EGP is not financially healthy enough and could expect problems in meeting its short term obligations.
EGP has a worse Current ratio (0.32) than 85.16% of its industry peers.
A Quick Ratio of 0.32 indicates that EGP may have some problems paying its short term obligations.
EGP's Quick ratio of 0.32 is on the low side compared to the rest of the industry. EGP is outperformed by 84.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.32 |
3. Growth
3.1 Past
EGP shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.65%.
Measured over the past 5 years, EGP shows a small growth in Earnings Per Share. The EPS has been growing by 7.49% on average per year.
EGP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.61%.
Measured over the past years, EGP shows a quite strong growth in Revenue. The Revenue has been growing by 14.08% on average per year.
EPS 1Y (TTM)-1.65%
EPS 3Y6.13%
EPS 5Y7.49%
EPS Q2Q%11.5%
Revenue 1Y (TTM)11.61%
Revenue growth 3Y16.07%
Revenue growth 5Y14.08%
Sales Q2Q%11.82%
3.2 Future
The Earnings Per Share is expected to grow by 7.27% on average over the next years.
The Revenue is expected to grow by 11.63% on average over the next years. This is quite good.
EPS Next Y6.79%
EPS Next 2Y7.87%
EPS Next 3Y8.99%
EPS Next 5Y7.27%
Revenue Next Year11.9%
Revenue Next 2Y10.58%
Revenue Next 3Y10.54%
Revenue Next 5Y11.63%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 38.06 indicates a quite expensive valuation of EGP.
60.16% of the companies in the same industry are more expensive than EGP, based on the Price/Earnings ratio.
EGP is valuated rather expensively when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 33.49, the valuation of EGP can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EGP indicates a somewhat cheap valuation: EGP is cheaper than 73.44% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.59, EGP is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.06 | ||
| Fwd PE | 33.49 |
4.2 Price Multiples
EGP's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. EGP is more expensive than 86.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 22.75 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of EGP may justify a higher PE ratio.
PEG (NY)5.6
PEG (5Y)5.08
EPS Next 2Y7.87%
EPS Next 3Y8.99%
5. Dividend
5.1 Amount
EGP has a Yearly Dividend Yield of 3.42%.
EGP's Dividend Yield is slightly below the industry average, which is at 6.59.
Compared to an average S&P500 Dividend Yield of 2.40, EGP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
5.2 History
The dividend of EGP is nicely growing with an annual growth rate of 11.97%!
EGP has been paying a dividend for at least 10 years, so it has a reliable track record.
EGP has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)11.97%
Div Incr Years13
Div Non Decr Years33
5.3 Sustainability
EGP pays out 116.28% of its income as dividend. This is not a sustainable payout ratio.
The dividend of EGP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP116.28%
EPS Next 2Y7.87%
EPS Next 3Y8.99%
181.18
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners101.31%
Inst Owner Change2.12%
Ins Owners0.88%
Ins Owner Change0.22%
Market Cap9.67B
Revenue(TTM)697.91M
Net Income(TTM)248.31M
Analysts79.2
Price Target196.92 (8.69%)
Short Float %3%
Short Ratio4.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
Yearly Dividend5.08
Dividend Growth(5Y)11.97%
DP116.28%
Div Incr Years13
Div Non Decr Years33
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.4%
Min EPS beat(2)1.98%
Max EPS beat(2)2.82%
EPS beat(4)4
Avg EPS beat(4)1.71%
Min EPS beat(4)0.2%
Max EPS beat(4)2.82%
EPS beat(8)7
Avg EPS beat(8)6.11%
EPS beat(12)11
Avg EPS beat(12)6.48%
EPS beat(16)14
Avg EPS beat(16)15.04%
Revenue beat(2)1
Avg Revenue beat(2)-0.29%
Min Revenue beat(2)-0.6%
Max Revenue beat(2)0.01%
Revenue beat(4)2
Avg Revenue beat(4)-0.34%
Min Revenue beat(4)-2.34%
Max Revenue beat(4)1.57%
Revenue beat(8)4
Avg Revenue beat(8)-0.14%
Revenue beat(12)8
Avg Revenue beat(12)0.26%
Revenue beat(16)11
Avg Revenue beat(16)0.41%
PT rev (1m)2.56%
PT rev (3m)2.82%
EPS NQ rev (1m)3.97%
EPS NQ rev (3m)5.79%
EPS NY rev (1m)3.73%
EPS NY rev (3m)4.52%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)0.1%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.06 | ||
| Fwd PE | 33.49 | ||
| P/S | 13.84 | ||
| P/FCF | N/A | ||
| P/OCF | 20.56 | ||
| P/B | 2.75 | ||
| P/tB | 2.88 | ||
| EV/EBITDA | 22.75 |
EPS(TTM)4.76
EY2.63%
EPS(NY)5.41
Fwd EY2.99%
FCF(TTM)-5.19
FCFYN/A
OCF(TTM)8.81
OCFY4.86%
SpS13.09
BVpS65.79
TBVpS62.91
PEG (NY)5.6
PEG (5Y)5.08
Graham Number83.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.64% | ||
| ROE | 7.08% | ||
| ROCE | 5.61% | ||
| ROIC | 4.43% | ||
| ROICexc | 4.44% | ||
| ROICexgc | 4.59% | ||
| OM | 39.91% | ||
| PM (TTM) | 35.58% | ||
| GM | 73.3% | ||
| FCFM | N/A |
ROA(3y)4.51%
ROA(5y)4.48%
ROE(3y)8.05%
ROE(5y)8.54%
ROIC(3y)4.12%
ROIC(5y)4.02%
ROICexc(3y)4.13%
ROICexc(5y)4.03%
ROICexgc(3y)4.3%
ROICexgc(5y)4.18%
ROCE(3y)5.21%
ROCE(5y)5.09%
ROICexgc growth 3Y4.65%
ROICexgc growth 5Y3.51%
ROICexc growth 3Y4.42%
ROICexc growth 5Y3.37%
OM growth 3Y2.65%
OM growth 5Y2.53%
PM growth 3Y-2.58%
PM growth 5Y-0.63%
GM growth 3Y0.41%
GM growth 5Y0.26%
F-Score5
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.79 | ||
| Cap/Depr | 356.79% | ||
| Cap/Sales | 107.01% | ||
| Interest Coverage | 8.67 | ||
| Cash Conversion | 96.32% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.32 | ||
| Altman-Z | 3.27 |
F-Score5
WACC7.7%
ROIC/WACC0.58
Cap/Depr(3y)356.47%
Cap/Depr(5y)350.31%
Cap/Sales(3y)108.21%
Cap/Sales(5y)107.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1.65%
EPS 3Y6.13%
EPS 5Y7.49%
EPS Q2Q%11.5%
EPS Next Y6.79%
EPS Next 2Y7.87%
EPS Next 3Y8.99%
EPS Next 5Y7.27%
Revenue 1Y (TTM)11.61%
Revenue growth 3Y16.07%
Revenue growth 5Y14.08%
Sales Q2Q%11.82%
Revenue Next Year11.9%
Revenue Next 2Y10.58%
Revenue Next 3Y10.54%
Revenue Next 5Y11.63%
EBIT growth 1Y11.88%
EBIT growth 3Y19.14%
EBIT growth 5Y16.96%
EBIT Next Year74.3%
EBIT Next 3Y28.26%
EBIT Next 5Y23.71%
FCF growth 1Y-50.35%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y38.18%
OCF growth 3Y17.55%
OCF growth 5Y16.29%
EASTGROUP PROPERTIES INC / EGP FAQ
What is the fundamental rating for EGP stock?
ChartMill assigns a fundamental rating of 5 / 10 to EGP.
What is the valuation status for EGP stock?
ChartMill assigns a valuation rating of 2 / 10 to EASTGROUP PROPERTIES INC (EGP). This can be considered as Overvalued.
What is the profitability of EGP stock?
EASTGROUP PROPERTIES INC (EGP) has a profitability rating of 8 / 10.
What is the valuation of EASTGROUP PROPERTIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for EASTGROUP PROPERTIES INC (EGP) is 38.06 and the Price/Book (PB) ratio is 2.75.
Can you provide the expected EPS growth for EGP stock?
The Earnings per Share (EPS) of EASTGROUP PROPERTIES INC (EGP) is expected to grow by 6.79% in the next year.