EPR PROPERTIES (EPR) Stock Fundamental Analysis
NYSE:EPR - New York Stock Exchange, Inc. - US26884U1097 - REIT - Currency: USD
Overall EPR gets a fundamental rating of 5 out of 10. We evaluated EPR against 30 industry peers in the Specialized REITs industry. While EPR belongs to the best of the industry regarding profitability, there are concerns on its financial health. EPR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
EPR had positive earnings in the past year.
In the past year EPR had a positive cash flow from operations.
EPR had positive earnings in 4 of the past 5 years.
In the past 5 years EPR always reported a positive cash flow from operatings.
1.2 Ratios
EPR has a Return On Assets of 2.17%. This is comparable to the rest of the industry: EPR outperforms 50.00% of its industry peers.
The Return On Equity of EPR (5.25%) is comparable to the rest of the industry.
The Return On Invested Capital of EPR (5.48%) is better than 63.33% of its industry peers.
EPR had an Average Return On Invested Capital over the past 3 years of 5.38%. This is in line with the industry average of 5.25%.
The 3 year average ROIC (5.38%) for EPR is below the current ROIC(5.48%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.17% | ||
| ROE | 5.25% | ||
| ROIC | 5.48% |
ROA(3y)2.47%
ROA(5y)1.28%
ROE(3y)5.77%
ROE(5y)2.85%
ROIC(3y)5.38%
ROIC(5y)4.15%
1.3 Margins
Looking at the Profit Margin, with a value of 17.47%, EPR is in the better half of the industry, outperforming 63.33% of the companies in the same industry.
In the last couple of years the Profit Margin of EPR has declined.
Looking at the Operating Margin, with a value of 52.30%, EPR belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
In the last couple of years the Operating Margin of EPR has grown nicely.
EPR has a Gross Margin of 95.29%. This is amongst the best in the industry. EPR outperforms 90.00% of its industry peers.
In the last couple of years the Gross Margin of EPR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.3% | ||
| PM (TTM) | 17.47% | ||
| GM | 95.29% |
OM growth 3Y8.75%
OM growth 5Y3%
PM growth 3Y7.63%
PM growth 5Y-8.57%
GM growth 3Y0.59%
GM growth 5Y0.18%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EPR is destroying value.
The number of shares outstanding for EPR has been increased compared to 1 year ago.
Compared to 5 years ago, EPR has less shares outstanding
The debt/assets ratio for EPR is higher compared to a year ago.
2.2 Solvency
EPR has an Altman-Z score of 0.64. This is a bad value and indicates that EPR is not financially healthy and even has some risk of bankruptcy.
EPR has a Altman-Z score of 0.64. This is in the lower half of the industry: EPR underperforms 73.33% of its industry peers.
The Debt to FCF ratio of EPR is 11.67, which is on the high side as it means it would take EPR, 11.67 years of fcf income to pay off all of its debts.
EPR has a better Debt to FCF ratio (11.67) than 66.67% of its industry peers.
EPR has a Debt/Equity ratio of 1.23. This is a high value indicating a heavy dependency on external financing.
EPR has a Debt to Equity ratio of 1.23. This is comparable to the rest of the industry: EPR outperforms 46.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 11.67 | ||
| Altman-Z | 0.64 |
ROIC/WACC0.74
WACC7.38%
2.3 Liquidity
EPR has a Current Ratio of 0.41. This is a bad value and indicates that EPR is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.41, EPR is doing worse than 76.67% of the companies in the same industry.
A Quick Ratio of 0.41 indicates that EPR may have some problems paying its short term obligations.
With a Quick ratio value of 0.41, EPR is not doing good in the industry: 76.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.41 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
The earnings per share for EPR have decreased strongly by -37.50% in the last year.
The earnings per share for EPR have been decreasing by -10.07% on average. This is quite bad
EPR shows a decrease in Revenue. In the last year, the revenue decreased by -1.08%.
Measured over the past years, EPR shows a small growth in Revenue. The Revenue has been growing by 1.39% on average per year.
EPS 1Y (TTM)-37.5%
EPS 3Y17.35%
EPS 5Y-10.07%
EPS Q2Q%-136.54%
Revenue 1Y (TTM)-1.08%
Revenue growth 3Y9.5%
Revenue growth 5Y1.39%
Sales Q2Q%3.05%
3.2 Future
The Earnings Per Share is expected to grow by 24.95% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 3.63% on average over the next years.
EPS Next Y77.07%
EPS Next 2Y34.88%
EPS Next 3Y24.95%
EPS Next 5YN/A
Revenue Next Year2.72%
Revenue Next 2Y2.7%
Revenue Next 3Y3.2%
Revenue Next 5Y3.63%
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 accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 30.62, EPR can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as EPR.
Compared to an average S&P500 Price/Earnings ratio of 27.63, EPR is valued at the same level.
Based on the Price/Forward Earnings ratio of 17.29, the valuation of EPR can be described as rather expensive.
Based on the Price/Forward Earnings ratio, EPR is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
EPR's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 20.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.62 | ||
| Fwd PE | 17.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EPR is valued cheaper than 90.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, EPR is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.2 | ||
| EV/EBITDA | 12.37 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
EPR has a very decent profitability rating, which may justify a higher PE ratio.
EPR's earnings are expected to grow with 24.95% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y34.88%
EPS Next 3Y24.95%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.18%, EPR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.81, EPR pays a better dividend. On top of this EPR pays more dividend than 93.33% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.51, EPR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.18% |
5.2 History
The dividend of EPR decreases each year by -5.07%.
EPR has paid a dividend for at least 10 years, which is a reliable track record.
EPR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-5.07%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
229.56% of the earnings are spent on dividend by EPR. This is not a sustainable payout ratio.
DP229.56%
EPS Next 2Y34.88%
EPS Next 3Y24.95%
48.99
-0.28 (-0.57%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners72.35%
Inst Owner Change0.26%
Ins Owners1.71%
Ins Owner Change8.22%
Market Cap3.73B
Analysts70.59
Price Target53.04 (8.27%)
Short Float %3.84%
Short Ratio4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.18% |
Yearly Dividend3.71
Dividend Growth(5Y)-5.07%
DP229.56%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-77.06%
Min EPS beat(2)-129.26%
Max EPS beat(2)-24.86%
EPS beat(4)1
Avg EPS beat(4)-38.22%
Min EPS beat(4)-129.26%
Max EPS beat(4)23.35%
EPS beat(8)3
Avg EPS beat(8)-20.82%
EPS beat(12)5
Avg EPS beat(12)-14.63%
EPS beat(16)9
Avg EPS beat(16)360.89%
Revenue beat(2)2
Avg Revenue beat(2)3.69%
Min Revenue beat(2)3.12%
Max Revenue beat(2)4.26%
Revenue beat(4)4
Avg Revenue beat(4)3.59%
Min Revenue beat(4)2.15%
Max Revenue beat(4)4.82%
Revenue beat(8)7
Avg Revenue beat(8)6.49%
Revenue beat(12)11
Avg Revenue beat(12)8.88%
Revenue beat(16)15
Avg Revenue beat(16)10.64%
PT rev (1m)6.34%
PT rev (3m)6.78%
EPS NQ rev (1m)1.95%
EPS NQ rev (3m)7.42%
EPS NY rev (1m)4.66%
EPS NY rev (3m)4.73%
Revenue NQ rev (1m)0.9%
Revenue NQ rev (3m)0.06%
Revenue NY rev (1m)-3.23%
Revenue NY rev (3m)-4.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.62 | ||
| Fwd PE | 17.29 | ||
| P/S | 5.34 | ||
| P/FCF | 15.2 | ||
| P/OCF | 9.48 | ||
| P/B | 1.6 | ||
| P/tB | 1.63 | ||
| EV/EBITDA | 12.37 |
EPS(TTM)1.6
EY3.27%
EPS(NY)2.83
Fwd EY5.78%
FCF(TTM)3.22
FCFY6.58%
OCF(TTM)5.17
OCFY10.55%
SpS9.18
BVpS30.54
TBVpS30.12
PEG (NY)0.4
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.17% | ||
| ROE | 5.25% | ||
| ROCE | 6.94% | ||
| ROIC | 5.48% | ||
| ROICexc | 5.5% | ||
| ROICexgc | 5.62% | ||
| OM | 52.3% | ||
| PM (TTM) | 17.47% | ||
| GM | 95.29% | ||
| FCFM | 35.12% |
ROA(3y)2.47%
ROA(5y)1.28%
ROE(3y)5.77%
ROE(5y)2.85%
ROIC(3y)5.38%
ROIC(5y)4.15%
ROICexc(3y)5.45%
ROICexc(5y)4.28%
ROICexgc(3y)5.51%
ROICexgc(5y)4.33%
ROCE(3y)6.81%
ROCE(5y)5.25%
ROICexcg growth 3Y19.26%
ROICexcg growth 5Y6.31%
ROICexc growth 3Y18.72%
ROICexc growth 5Y6.03%
OM growth 3Y8.75%
OM growth 5Y3%
PM growth 3Y7.63%
PM growth 5Y-8.57%
GM growth 3Y0.59%
GM growth 5Y0.18%
F-Score5
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 11.67 | ||
| Debt/EBITDA | 5.39 | ||
| Cap/Depr | 89.28% | ||
| Cap/Sales | 21.2% | ||
| Interest Coverage | 2.82 | ||
| Cash Conversion | 74.06% | ||
| Profit Quality | 201.08% | ||
| Current Ratio | 0.41 | ||
| Quick Ratio | 0.41 | ||
| Altman-Z | 0.64 |
F-Score5
WACC7.38%
ROIC/WACC0.74
Cap/Depr(3y)110.86%
Cap/Depr(5y)86.3%
Cap/Sales(3y)26.92%
Cap/Sales(5y)23.2%
Profit Quality(3y)175.09%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-37.5%
EPS 3Y17.35%
EPS 5Y-10.07%
EPS Q2Q%-136.54%
EPS Next Y77.07%
EPS Next 2Y34.88%
EPS Next 3Y24.95%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.08%
Revenue growth 3Y9.5%
Revenue growth 5Y1.39%
Sales Q2Q%3.05%
Revenue Next Year2.72%
Revenue Next 2Y2.7%
Revenue Next 3Y3.2%
Revenue Next 5Y3.63%
EBIT growth 1Y-3.26%
EBIT growth 3Y19.08%
EBIT growth 5Y4.44%
EBIT Next Year55.18%
EBIT Next 3Y17.07%
EBIT Next 5YN/A
FCF growth 1Y-16.96%
FCF growth 3Y3.51%
FCF growth 5YN/A
OCF growth 1Y-12.07%
OCF growth 3Y8.6%
OCF growth 5Y-2.2%