EASTGROUP PROPERTIES INC (EGP) Stock Fundamental Analysis
USA - NYSE:EGP - US2772761019 - REIT
177.08 USD
-1.83 (-1.02%)
177.08 USD
0 (0%)
Overall EGP gets a fundamental rating of 5 out of 10. We evaluated EGP against 127 industry peers in the Diversified REITs industry. While EGP has a great profitability rating, there are quite some concerns on its financial health. EGP is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year EGP was profitable.
In the past year EGP had a positive cash flow from operations.
Each year in the past 5 years EGP has been profitable.
In the past 5 years EGP always reported a positive cash flow from operatings.
1.2 Ratios
EGP's Return On Assets of 4.64% is amongst the best of the industry. EGP outperforms 92.13% of its industry peers.
The Return On Equity of EGP (7.08%) is better than 80.31% of its industry peers.
With an excellent Return On Invested Capital value of 4.43%, EGP belongs to the best of the industry, outperforming 86.61% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for EGP is in line with the industry average of 3.04%.
The 3 year average ROIC (4.12%) for EGP is below the current ROIC(4.43%), indicating increased profibility in the last year.
| 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's Profit Margin of 35.58% is amongst the best of the industry. EGP outperforms 88.98% of its industry peers.
EGP's Profit Margin has been stable in the last couple of years.
The Operating Margin of EGP (39.91%) is better than 85.83% of its industry peers.
EGP's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 73.30%, EGP is doing good in the industry, outperforming 66.93% of the companies in the same industry.
In the last couple of years the Gross Margin of EGP has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EGP 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.
EGP has a better debt/assets ratio than last year.
2.2 Solvency
EGP has an Altman-Z score of 3.20. This indicates that EGP is financially healthy and has little risk of bankruptcy at the moment.
EGP has a better Altman-Z score (3.20) than 96.85% of its industry peers.
A Debt/Equity ratio of 0.39 indicates that EGP is not too dependend on debt financing.
EGP has a better Debt to Equity ratio (0.39) than 94.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.2 |
ROIC/WACC0.58
WACC7.67%
2.3 Liquidity
A Current Ratio of 0.32 indicates that EGP may have some problems paying its short term obligations.
EGP has a Current ratio of 0.32. This is amonst the worse of the industry: EGP underperforms 86.61% of its industry peers.
A Quick Ratio of 0.32 indicates that EGP may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.32, EGP is doing worse than 85.83% of the companies in the same industry.
| 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.
Looking at the last year, EGP shows a quite strong growth in Revenue. The Revenue has grown by 11.61% in the last year.
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
Based on estimates for the next years, EGP will show a small growth in Earnings Per Share. The EPS will grow by 7.27% on average per year.
The Revenue is expected to grow by 11.63% on average over the next years. This is quite good.
EPS Next Y2.95%
EPS Next 2Y5.71%
EPS Next 3Y5.94%
EPS Next 5Y7.27%
Revenue Next Year12.01%
Revenue Next 2Y10.57%
Revenue Next 3Y10.25%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 37.20, the valuation of EGP can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of EGP is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.00. EGP is valued slightly more expensive when compared to this.
EGP is valuated quite expensively with a Price/Forward Earnings ratio of 34.08.
Based on the Price/Forward Earnings ratio, EGP is valued a bit cheaper than the industry average as 70.08% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of EGP to the average of the S&P500 Index (22.87), we can say EGP is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.2 | ||
| Fwd PE | 34.08 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EGP indicates a rather expensive valuation: EGP more expensive than 88.98% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 22.3 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates EGP does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of EGP may justify a higher PE ratio.
PEG (NY)12.59
PEG (5Y)4.96
EPS Next 2Y5.71%
EPS Next 3Y5.94%
5. Dividend
5.1 Amount
EGP has a Yearly Dividend Yield of 3.47%.
Compared to an average industry Dividend Yield of 6.24, EGP is paying slightly less dividend.
EGP's Dividend Yield is a higher than the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.47% |
5.2 History
On average, the dividend of EGP grows each year by 11.97%, which is quite nice.
EGP has paid a dividend for at least 10 years, which is a reliable track record.
EGP has not decreased their dividend for at least 10 years, which is a reliable track record.
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.
EGP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP116.28%
EPS Next 2Y5.71%
EPS Next 3Y5.94%
177.08
-1.83 (-1.02%)
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 Change-0.33%
Ins Owners0.88%
Ins Owner Change0.43%
Market Cap9.44B
Revenue(TTM)697.91M
Net Income(TTM)248.31M
Analysts78.33
Price Target195.95 (10.66%)
Short Float %2.68%
Short Ratio3.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.47% |
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)0%
PT rev (3m)0.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.53%
EPS NY rev (1m)0%
EPS NY rev (3m)0.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.67%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.2 | ||
| Fwd PE | 34.08 | ||
| P/S | 13.53 | ||
| P/FCF | N/A | ||
| P/OCF | 20.1 | ||
| P/B | 2.69 | ||
| P/tB | 2.81 | ||
| EV/EBITDA | 22.3 |
EPS(TTM)4.76
EY2.69%
EPS(NY)5.2
Fwd EY2.93%
FCF(TTM)-5.19
FCFYN/A
OCF(TTM)8.81
OCFY4.98%
SpS13.09
BVpS65.79
TBVpS62.91
PEG (NY)12.59
PEG (5Y)4.96
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 | 3.2 |
F-Score5
WACC7.67%
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 Y2.95%
EPS Next 2Y5.71%
EPS Next 3Y5.94%
EPS Next 5Y7.27%
Revenue 1Y (TTM)11.61%
Revenue growth 3Y16.07%
Revenue growth 5Y14.08%
Sales Q2Q%11.82%
Revenue Next Year12.01%
Revenue Next 2Y10.57%
Revenue Next 3Y10.25%
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 5Y24.59%
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 37.2 and the Price/Book (PB) ratio is 2.69.
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 2.95% in the next year.