EPR PROPERTIES (EPR) Stock Fundamental Analysis
NYSE:EPR - New York Stock Exchange, Inc. - US26884U1097 - REIT - Currency: USD
We assign a fundamental rating of 4 out of 10 to EPR. EPR was compared to 30 industry peers in the Specialized REITs industry. EPR has a medium profitability rating, but doesn't score so well on its financial health evaluation. EPR is not valued too expensively and it also shows a decent growth rate.
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 (2.26%) which is comparable to the rest of the industry.
EPR has a Return On Equity (5.39%) which is in line with its industry peers.
EPR has a Return On Invested Capital of 5.66%. This is in the better half of the industry: EPR outperforms 63.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EPR is in line with the industry average of 5.28%.
The 3 year average ROIC (5.38%) for EPR is below the current ROIC(5.66%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.26% | ||
| ROE | 5.39% | ||
| ROIC | 5.66% |
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
EPR's Profit Margin of 17.71% is in line compared to the rest of the industry. EPR outperforms 60.00% of its industry peers.
EPR's Profit Margin has declined in the last couple of years.
The Operating Margin of EPR (52.66%) is better than 83.33% of its industry peers.
EPR's Operating Margin has improved in the last couple of years.
The Gross Margin of EPR (95.33%) is better than 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 | 52.66% | ||
| PM (TTM) | 17.71% | ||
| GM | 95.33% |
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.
EPR has more shares outstanding than it did 1 year ago.
EPR has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, EPR has a worse debt to assets ratio.
2.2 Solvency
EPR has an Altman-Z score of 0.80. This is a bad value and indicates that EPR is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.80, EPR is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
The Debt to FCF ratio of EPR is 9.88, which is on the high side as it means it would take EPR, 9.88 years of fcf income to pay off all of its debts.
EPR's Debt to FCF ratio of 9.88 is fine compared to the rest of the industry. EPR outperforms 70.00% of its industry peers.
A Debt/Equity ratio of 1.20 is on the high side and indicates that EPR has dependencies on debt financing.
With a Debt to Equity ratio value of 1.20, EPR perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | 9.88 | ||
| Altman-Z | 0.8 |
ROIC/WACC0.75
WACC7.52%
2.3 Liquidity
EPR has a Current Ratio of 0.43. This is a bad value and indicates that EPR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.43, EPR is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
EPR has a Quick Ratio of 0.43. 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 0.43, EPR is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
EPR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -37.79%.
Measured over the past years, EPR shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.07% on average per year.
EPR shows a small growth in Revenue. In the last year, the Revenue has grown by 0.62%.
EPR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.39% yearly.
EPS 1Y (TTM)-37.79%
EPS 3Y17.35%
EPS 5Y-10.07%
EPS Q2Q%4%
Revenue 1Y (TTM)0.62%
Revenue growth 3Y9.5%
Revenue growth 5Y1.39%
Sales Q2Q%4.66%
3.2 Future
Based on estimates for the next years, EPR will show a very strong growth in Earnings Per Share. The EPS will grow by 26.11% on average per year.
EPR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.99% yearly.
EPS Next Y85.48%
EPS Next 2Y36.79%
EPS Next 3Y26.11%
EPS Next 5YN/A
Revenue Next Year8.49%
Revenue Next 2Y5.59%
Revenue Next 3Y1.86%
Revenue Next 5Y3.99%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 36.10 indicates a quite expensive valuation of EPR.
EPR's Price/Earnings is on the same level as the industry average.
EPR is valuated rather expensively when we compare the Price/Earnings ratio to 27.29, which is the current average of the S&P500 Index.
EPR is valuated rather expensively with a Price/Forward Earnings ratio of 19.66.
Based on the Price/Forward Earnings ratio, EPR is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.74, EPR is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.1 | ||
| Fwd PE | 19.66 |
4.2 Price Multiples
EPR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. EPR is cheaper than 83.33% of the companies in the same industry.
EPR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. EPR is cheaper than 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.84 | ||
| EV/EBITDA | 13.47 |
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.
The decent profitability rating of EPR may justify a higher PE ratio.
A more expensive valuation may be justified as EPR's earnings are expected to grow with 26.11% in the coming years.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y36.79%
EPS Next 3Y26.11%
5. Dividend
5.1 Amount
EPR has a Yearly Dividend Yield of 5.95%, which is a nice return.
EPR's Dividend Yield is a higher than the industry average which is at 5.77.
EPR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.95% |
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 225.96% of its income as dividend. This is not a sustainable payout ratio.
DP225.96%
EPS Next 2Y36.79%
EPS Next 3Y26.11%
58.85
-0.65 (-1.09%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners79.68%
Inst Owner Change-0.09%
Ins Owners2.16%
Ins Owner Change17.38%
Market Cap4.48B
Analysts72.94
Price Target56 (-4.84%)
Short Float %4.83%
Short Ratio5.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.95% |
Yearly Dividend3.71
Dividend Growth(5Y)-5.07%
DP225.96%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-52.49%
Min EPS beat(2)-129.26%
Max EPS beat(2)24.27%
EPS beat(4)1
Avg EPS beat(4)-37.99%
Min EPS beat(4)-129.26%
Max EPS beat(4)24.27%
EPS beat(8)3
Avg EPS beat(8)-19.05%
EPS beat(12)5
Avg EPS beat(12)-14.07%
EPS beat(16)9
Avg EPS beat(16)357.28%
Revenue beat(2)2
Avg Revenue beat(2)5.33%
Min Revenue beat(2)4.67%
Max Revenue beat(2)5.99%
Revenue beat(4)4
Avg Revenue beat(4)4.65%
Min Revenue beat(4)3.12%
Max Revenue beat(4)5.99%
Revenue beat(8)7
Avg Revenue beat(8)5.54%
Revenue beat(12)11
Avg Revenue beat(12)8.55%
Revenue beat(16)15
Avg Revenue beat(16)9.69%
PT rev (1m)5.58%
PT rev (3m)5.58%
EPS NQ rev (1m)0.71%
EPS NQ rev (3m)-0.07%
EPS NY rev (1m)2.65%
EPS NY rev (3m)5.76%
Revenue NQ rev (1m)2.31%
Revenue NQ rev (3m)3.16%
Revenue NY rev (1m)1.79%
Revenue NY rev (3m)3.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.1 | ||
| Fwd PE | 19.66 | ||
| P/S | 6.34 | ||
| P/FCF | 15.84 | ||
| P/OCF | 11.39 | ||
| P/B | 1.93 | ||
| P/tB | 1.96 | ||
| EV/EBITDA | 13.47 |
EPS(TTM)1.63
EY2.77%
EPS(NY)2.99
Fwd EY5.09%
FCF(TTM)3.71
FCFY6.31%
OCF(TTM)5.17
OCFY8.78%
SpS9.28
BVpS30.51
TBVpS30.07
PEG (NY)0.42
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.26% | ||
| ROE | 5.39% | ||
| ROCE | 7.16% | ||
| ROIC | 5.66% | ||
| ROICexc | 5.68% | ||
| ROICexgc | 5.72% | ||
| OM | 52.66% | ||
| PM (TTM) | 17.71% | ||
| GM | 95.33% | ||
| FCFM | 40.03% |
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 Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | 9.88 | ||
| Debt/EBITDA | 5.19 | ||
| Cap/Depr | 66.37% | ||
| Cap/Sales | 15.64% | ||
| Interest Coverage | 2.86 | ||
| Cash Conversion | 73.04% | ||
| Profit Quality | 226.02% | ||
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 0.8 |
F-Score5
WACC7.52%
ROIC/WACC0.75
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)-37.79%
EPS 3Y17.35%
EPS 5Y-10.07%
EPS Q2Q%4%
EPS Next Y85.48%
EPS Next 2Y36.79%
EPS Next 3Y26.11%
EPS Next 5YN/A
Revenue 1Y (TTM)0.62%
Revenue growth 3Y9.5%
Revenue growth 5Y1.39%
Sales Q2Q%4.66%
Revenue Next Year8.49%
Revenue Next 2Y5.59%
Revenue Next 3Y1.86%
Revenue Next 5Y3.99%
EBIT growth 1Y0.6%
EBIT growth 3Y19.08%
EBIT growth 5Y4.44%
EBIT Next Year56.01%
EBIT Next 3Y19.18%
EBIT Next 5YN/A
FCF growth 1Y89.04%
FCF growth 3Y3.51%
FCF growth 5YN/A
OCF growth 1Y-9.7%
OCF growth 3Y8.6%
OCF growth 5Y-2.2%