ELME COMMUNITIES (ELME) Stock Fundamental Analysis
NYSE:ELME - New York Stock Exchange, Inc. - US9396531017 - REIT - Currency: USD
Taking everything into account, ELME scores 3 out of 10 in our fundamental rating. ELME was compared to 20 industry peers in the Residential REITs industry. ELME may be in some trouble as it scores bad on both profitability and health. ELME does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
ELME had positive earnings in the past year.
In the past year ELME had a positive cash flow from operations.
In the past 5 years ELME reported 4 times negative net income.
ELME had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ELME has a Return On Assets of -0.73%. This is amonst the worse of the industry: ELME underperforms 80.00% of its industry peers.
With a Return On Equity value of -1.24%, ELME is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 1.04%, ELME is doing worse than 80.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ELME is in line with the industry average of 2.61%.
The last Return On Invested Capital (1.04%) for ELME is above the 3 year average (0.82%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.73% | ||
| ROE | -1.24% | ||
| ROIC | 1.04% |
ROA(3y)-1.73%
ROA(5y)-1%
ROE(3y)-2.77%
ROE(5y)-1.66%
ROIC(3y)0.82%
ROIC(5y)0.6%
1.3 Margins
With a Operating Margin value of 9.70%, ELME is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of ELME has grown nicely.
With a decent Gross Margin value of 59.67%, ELME is doing good in the industry, outperforming 65.00% of the companies in the same industry.
ELME's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.7% | ||
| PM (TTM) | N/A | ||
| GM | 59.67% |
OM growth 3Y98.45%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.4%
GM growth 5Y-0.35%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ELME is destroying value.
Compared to 1 year ago, ELME has about the same amount of shares outstanding.
The number of shares outstanding for ELME has been increased compared to 5 years ago.
Compared to 1 year ago, ELME has a worse debt to assets ratio.
2.2 Solvency
ELME has an Altman-Z score of 0.84. This is a bad value and indicates that ELME is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ELME (0.84) is comparable to the rest of the industry.
ELME has a debt to FCF ratio of 14.67. This is a negative value and a sign of low solvency as ELME would need 14.67 years to pay back of all of its debts.
ELME has a Debt to FCF ratio of 14.67. This is in the better half of the industry: ELME outperforms 80.00% of its industry peers.
ELME has a Debt/Equity ratio of 0.65. This is a neutral value indicating ELME is somewhat dependend on debt financing.
ELME's Debt to Equity ratio of 0.65 is amongst the best of the industry. ELME outperforms 95.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 14.67 | ||
| Altman-Z | 0.84 |
ROIC/WACC0.14
WACC7.37%
2.3 Liquidity
ELME has a Current Ratio of 0.32. This is a bad value and indicates that ELME is not financially healthy enough and could expect problems in meeting its short term obligations.
ELME has a Current ratio of 0.32. This is comparable to the rest of the industry: ELME outperforms 45.00% of its industry peers.
ELME has a Quick Ratio of 0.32. This is a bad value and indicates that ELME is not financially healthy enough and could expect problems in meeting its short term obligations.
ELME's Quick ratio of 0.32 is in line compared to the rest of the industry. ELME outperforms 45.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.32 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 200.00% over the past year.
Measured over the past years, ELME shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -25.33% on average per year.
Looking at the last year, ELME shows a small growth in Revenue. The Revenue has grown by 6.15% in the last year.
Measured over the past years, ELME shows a small growth in Revenue. The Revenue has been growing by 6.49% on average per year.
EPS 1Y (TTM)200%
EPS 3YN/A
EPS 5Y-25.33%
EPS Q2Q%675%
Revenue 1Y (TTM)6.15%
Revenue growth 3Y12.66%
Revenue growth 5Y6.49%
Sales Q2Q%4.09%
3.2 Future
ELME is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -66.87% yearly.
Based on estimates for the next years, ELME will show a small growth in Revenue. The Revenue will grow by 2.94% on average per year.
EPS Next Y-194.15%
EPS Next 2Y-66.87%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.45%
Revenue Next 2Y2.94%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 decreasing.
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 131.38, ELME can be considered very expensive at the moment.
Based on the Price/Earnings ratio, ELME is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 29.63. ELME is valued rather expensively when compared to this.
The Forward Price/Earnings Ratio is negative for ELME. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 131.38 | ||
| Fwd PE | N/A |
4.2 Price Multiples
ELME's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ELME is cheaper than 75.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ELME indicates a somewhat cheap valuation: ELME is cheaper than 75.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.55 | ||
| EV/EBITDA | 18.39 |
4.3 Compensation for Growth
A cheap valuation may be justified as ELME's earnings are expected to decrease with -66.87% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-66.87%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ELME has a Yearly Dividend Yield of 4.21%, which is a nice return.
Compared to an average industry Dividend Yield of 4.25, ELME pays a bit more dividend than its industry peers.
ELME's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.21% |
5.2 History
The dividend of ELME decreases each year by -9.47%.
ELME has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of ELME decreased in the last 3 years.
Dividend Growth(5Y)-9.47%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
ELME has negative earnings and hence a negative payout ratio. The dividend may be in danger.
ELME's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-475.21%
EPS Next 2Y-66.87%
EPS Next 3YN/A
17.08
-0.01 (-0.06%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners94.29%
Inst Owner ChangeN/A
Ins Owners1.28%
Ins Owner Change7.93%
Market Cap1.50B
Analysts74.55
Price Target17.34 (1.52%)
Short Float %2.98%
Short Ratio4.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.21% |
Yearly Dividend0.72
Dividend Growth(5Y)-9.47%
DP-475.21%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)426.8%
Min EPS beat(2)1.96%
Max EPS beat(2)851.63%
EPS beat(4)3
Avg EPS beat(4)206.21%
Min EPS beat(4)-30.72%
Max EPS beat(4)851.63%
EPS beat(8)3
Avg EPS beat(8)-69.44%
EPS beat(12)4
Avg EPS beat(12)-65.8%
EPS beat(16)6
Avg EPS beat(16)-60.5%
Revenue beat(2)0
Avg Revenue beat(2)-0.74%
Min Revenue beat(2)-0.76%
Max Revenue beat(2)-0.72%
Revenue beat(4)0
Avg Revenue beat(4)-1.16%
Min Revenue beat(4)-2.39%
Max Revenue beat(4)-0.72%
Revenue beat(8)0
Avg Revenue beat(8)-1.83%
Revenue beat(12)1
Avg Revenue beat(12)-1.65%
Revenue beat(16)1
Avg Revenue beat(16)-7.26%
PT rev (1m)-1.92%
PT rev (3m)-2.86%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-9.09%
EPS NY rev (3m)-9.09%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 131.38 | ||
| Fwd PE | N/A | ||
| P/S | 6.21 | ||
| P/FCF | 31.55 | ||
| P/OCF | 15.78 | ||
| P/B | 1.39 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 18.39 |
EPS(TTM)0.13
EY0.76%
EPS(NY)-0.12
Fwd EYN/A
FCF(TTM)0.54
FCFY3.17%
OCF(TTM)1.08
OCFY6.34%
SpS2.75
BVpS12.29
TBVpS12.29
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.73% | ||
| ROE | -1.24% | ||
| ROCE | 1.31% | ||
| ROIC | 1.04% | ||
| ROICexc | 1.04% | ||
| ROICexgc | 1.04% | ||
| OM | 9.7% | ||
| PM (TTM) | N/A | ||
| GM | 59.67% | ||
| FCFM | 19.69% |
ROA(3y)-1.73%
ROA(5y)-1%
ROE(3y)-2.77%
ROE(5y)-1.66%
ROIC(3y)0.82%
ROIC(5y)0.6%
ROICexc(3y)0.82%
ROICexc(5y)0.6%
ROICexgc(3y)0.82%
ROICexgc(5y)0.6%
ROCE(3y)1.04%
ROCE(5y)0.76%
ROICexcg growth 3Y114.94%
ROICexcg growth 5YN/A
ROICexc growth 3Y114.94%
ROICexc growth 5YN/A
OM growth 3Y98.45%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.4%
GM growth 5Y-0.35%
F-Score4
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 14.67 | ||
| Debt/EBITDA | 5.85 | ||
| Cap/Depr | 49.62% | ||
| Cap/Sales | 19.68% | ||
| Interest Coverage | 0.73 | ||
| Cash Conversion | 79.77% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.32 | ||
| Altman-Z | 0.84 |
F-Score4
WACC7.37%
ROIC/WACC0.14
Cap/Depr(3y)159.56%
Cap/Depr(5y)144.41%
Cap/Sales(3y)66.58%
Cap/Sales(5y)68.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)200%
EPS 3YN/A
EPS 5Y-25.33%
EPS Q2Q%675%
EPS Next Y-194.15%
EPS Next 2Y-66.87%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.15%
Revenue growth 3Y12.66%
Revenue growth 5Y6.49%
Sales Q2Q%4.09%
Revenue Next Year2.45%
Revenue Next 2Y2.94%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-6.59%
EBIT growth 3Y123.58%
EBIT growth 5YN/A
EBIT Next Year274.65%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y177.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y12.49%
OCF growth 3Y2.21%
OCF growth 5Y-6.16%