EPR PROPERTIES (EPR) Stock Fundamental Analysis
NYSE:EPR - New York Stock Exchange, Inc. - US26884U1097 - REIT - Currency: USD
EPR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 29 industry peers in the Specialized REITs industry. While EPR is still in line with the averages on profitability rating, there are concerns on its financial health. EPR has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
EPR had positive earnings in the past year.
EPR had a positive operating cash flow in the past year.
EPR had positive earnings in 4 of the past 5 years.
EPR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of EPR (2.17%) is worse than 60.71% of its industry peers.
The Return On Equity of EPR (5.25%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 5.48%, EPR is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for EPR is in line with the industry average of 5.33%.
The last Return On Invested Capital (5.48%) for EPR is above the 3 year average (5.38%), which is a sign of increasing profitability.
| 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 line with its industry, outperforming 50.00% of the companies in the same industry.
EPR's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 52.30%, EPR belongs to the best of the industry, outperforming 82.14% of the companies in the same industry.
In the last couple of years the Operating Margin of EPR has grown nicely.
EPR's Gross Margin of 95.29% is amongst the best of the industry. EPR outperforms 89.29% of its industry peers.
EPR's Gross Margin has been stable in the last couple of years.
| 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
EPR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, EPR has more shares outstanding
Compared to 5 years ago, EPR has less shares outstanding
Compared to 1 year ago, EPR has a worse debt to assets ratio.
2.2 Solvency
EPR has an Altman-Z score of 0.69. This is a bad value and indicates that EPR is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of EPR (0.69) is comparable to the rest of the industry.
EPR has a debt to FCF ratio of 11.67. This is a negative value and a sign of low solvency as EPR would need 11.67 years to pay back of all of its debts.
EPR's Debt to FCF ratio of 11.67 is fine compared to the rest of the industry. EPR outperforms 64.29% of its industry peers.
A Debt/Equity ratio of 1.23 is on the high side and indicates that EPR has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.23, EPR is in line with its industry, outperforming 42.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 11.67 | ||
| Altman-Z | 0.69 |
ROIC/WACC0.72
WACC7.62%
2.3 Liquidity
A Current Ratio of 0.41 indicates that EPR may have some problems paying its short term obligations.
EPR has a Current ratio of 0.41. This is in the lower half of the industry: EPR underperforms 78.57% of its industry peers.
EPR has a Quick 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 Quick ratio, with a value of 0.41, EPR is doing worse than 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.41 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 17.58% over the past year.
Measured over the past 5 years, EPR shows a small growth in Earnings Per Share. The EPS has been growing by 2.05% on average per year.
Looking at the last year, EPR shows a decrease in Revenue. The Revenue has decreased by -1.08% in the last year.
EPR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.39% yearly.
EPS 1Y (TTM)17.58%
EPS 3Y44.87%
EPS 5Y2.05%
EPS Q2Q%134.62%
Revenue 1Y (TTM)-1.08%
Revenue growth 3Y9.5%
Revenue growth 5Y1.39%
Sales Q2Q%-13.29%
3.2 Future
EPR is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.96% yearly.
Based on estimates for the next years, EPR will show a small growth in Revenue. The Revenue will grow by 1.89% on average per year.
EPS Next Y-10.07%
EPS Next 2Y-2.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.38%
Revenue Next 2Y3.32%
Revenue Next 3Y0.62%
Revenue Next 5Y1.89%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 17.88, the valuation of EPR can be described as rather expensive.
Based on the Price/Earnings ratio, EPR is valued a bit cheaper than 78.57% of the companies in the same industry.
When comparing the Price/Earnings ratio of EPR to the average of the S&P500 Index (29.75), we can say EPR is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 19.88, the valuation of EPR can be described as rather expensive.
85.71% of the companies in the same industry are more expensive than EPR, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.44, EPR is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.88 | ||
| Fwd PE | 19.88 |
4.2 Price Multiples
EPR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. EPR is cheaper than 85.71% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, EPR is valued cheaper than 89.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.62 | ||
| EV/EBITDA | 12.92 |
4.3 Compensation for Growth
The decent profitability rating of EPR may justify a higher PE ratio.
EPR's earnings are expected to decrease with -2.96% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)8.73
EPS Next 2Y-2.96%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.67%, EPR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.49, EPR pays a better dividend. On top of this EPR pays more dividend than 96.43% of the companies listed in the same industry.
EPR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.67% |
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
EPR pays out 229.56% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of EPR has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP229.56%
EPS Next 2Y-2.96%
EPS Next 3YN/A
53.81
+0.74 (+1.39%)
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 Change12.36%
Ins Owners1.71%
Ins Owner Change8.51%
Market Cap4.08B
Analysts70.59
Price Target49.88 (-7.3%)
Short Float %3.69%
Short Ratio4.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.67% |
Yearly Dividend3.71
Dividend Growth(5Y)-5.07%
DP229.56%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)31.52%
Min EPS beat(2)-24.86%
Max EPS beat(2)87.9%
EPS beat(4)2
Avg EPS beat(4)16.07%
Min EPS beat(4)-24.86%
Max EPS beat(4)87.9%
EPS beat(8)4
Avg EPS beat(8)6.33%
EPS beat(12)6
Avg EPS beat(12)3.46%
EPS beat(16)10
Avg EPS beat(16)374.47%
Revenue beat(2)1
Avg Revenue beat(2)-6.15%
Min Revenue beat(2)-15.43%
Max Revenue beat(2)3.12%
Revenue beat(4)3
Avg Revenue beat(4)-1.33%
Min Revenue beat(4)-15.43%
Max Revenue beat(4)4.82%
Revenue beat(8)6
Avg Revenue beat(8)4.03%
Revenue beat(12)10
Avg Revenue beat(12)7.24%
Revenue beat(16)14
Avg Revenue beat(16)9.41%
PT rev (1m)0%
PT rev (3m)-0.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.96%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.88 | ||
| Fwd PE | 19.88 | ||
| P/S | 5.84 | ||
| P/FCF | 16.62 | ||
| P/OCF | 10.37 | ||
| P/B | 1.75 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 12.92 |
EPS(TTM)3.01
EY5.59%
EPS(NY)2.71
Fwd EY5.03%
FCF(TTM)3.24
FCFY6.02%
OCF(TTM)5.19
OCFY9.65%
SpS9.22
BVpS30.68
TBVpS30.25
PEG (NY)N/A
PEG (5Y)8.73
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 | 0.69 |
F-Score5
WACC7.62%
ROIC/WACC0.72
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)17.58%
EPS 3Y44.87%
EPS 5Y2.05%
EPS Q2Q%134.62%
EPS Next Y-10.07%
EPS Next 2Y-2.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1.08%
Revenue growth 3Y9.5%
Revenue growth 5Y1.39%
Sales Q2Q%-13.29%
Revenue Next Year3.38%
Revenue Next 2Y3.32%
Revenue Next 3Y0.62%
Revenue Next 5Y1.89%
EBIT growth 1Y-3.26%
EBIT growth 3Y19.08%
EBIT growth 5Y4.44%
EBIT Next Year55.02%
EBIT Next 3YN/A
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%