FEDERAL REALTY INVS TRUST (FRT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FRT - US3137451015 - REIT
97.14 USD
-0.83 (-0.85%)
97.14 USD
0 (0%)
Taking everything into account, FRT scores 5 out of 10 in our fundamental rating. FRT was compared to 128 industry peers in the Diversified REITs industry. FRT has an excellent profitability rating, but there are concerns on its financial health. While showing a medium growth rate, FRT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
FRT had positive earnings in the past year.
In the past year FRT had a positive cash flow from operations.
In the past 5 years FRT has always been profitable.
Each year in the past 5 years FRT had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 3.81%, FRT belongs to the best of the industry, outperforming 85.16% of the companies in the same industry.
FRT's Return On Equity of 10.50% is amongst the best of the industry. FRT outperforms 89.84% of its industry peers.
FRT's Return On Invested Capital of 4.10% is fine compared to the rest of the industry. FRT outperforms 75.78% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FRT is in line with the industry average of 3.06%.
The 3 year average ROIC (3.87%) for FRT is below the current ROIC(4.10%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.81% | ||
| ROE | 10.5% | ||
| ROIC | 4.1% |
ROA(3y)3.54%
ROA(5y)3.11%
ROE(3y)9.81%
ROE(5y)8.84%
ROIC(3y)3.87%
ROIC(5y)3.53%
1.3 Margins
Looking at the Profit Margin, with a value of 26.90%, FRT belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
In the last couple of years the Profit Margin of FRT has declined.
With a decent Operating Margin value of 34.86%, FRT is doing good in the industry, outperforming 71.88% of the companies in the same industry.
In the last couple of years the Operating Margin of FRT has declined.
FRT has a Gross Margin of 67.29%. This is comparable to the rest of the industry: FRT outperforms 52.34% of its industry peers.
In the last couple of years the Gross Margin of FRT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.86% | ||
| PM (TTM) | 26.9% | ||
| GM | 67.29% |
OM growth 3Y2.79%
OM growth 5Y-1.69%
PM growth 3Y-3.57%
PM growth 5Y-8.39%
GM growth 3Y0.35%
GM growth 5Y-0.19%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FRT is destroying value.
The number of shares outstanding for FRT has been increased compared to 1 year ago.
The number of shares outstanding for FRT has been increased compared to 5 years ago.
FRT has a better debt/assets ratio than last year.
2.2 Solvency
FRT has an Altman-Z score of 1.03. This is a bad value and indicates that FRT is not financially healthy and even has some risk of bankruptcy.
FRT's Altman-Z score of 1.03 is fine compared to the rest of the industry. FRT outperforms 76.56% of its industry peers.
A Debt/Equity ratio of 1.47 is on the high side and indicates that FRT has dependencies on debt financing.
FRT has a Debt to Equity ratio of 1.47. This is comparable to the rest of the industry: FRT outperforms 42.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.03 |
ROIC/WACC0.61
WACC6.67%
2.3 Liquidity
FRT has a Current Ratio of 1.57. This is a normal value and indicates that FRT is financially healthy and should not expect problems in meeting its short term obligations.
FRT has a better Current ratio (1.57) than 67.97% of its industry peers.
FRT has a Quick Ratio of 1.57. This is a normal value and indicates that FRT is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of FRT (1.57) is better than 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 40.21% over the past year.
Measured over the past years, FRT shows a decrease in Earnings Per Share. The EPS has been decreasing by -9.41% on average per year.
Looking at the last year, FRT shows a small growth in Revenue. The Revenue has grown by 6.05% in the last year.
FRT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.14% yearly.
EPS 1Y (TTM)40.21%
EPS 3Y-3.13%
EPS 5Y-9.41%
EPS Q2Q%-1.43%
Revenue 1Y (TTM)6.05%
Revenue growth 3Y8.13%
Revenue growth 5Y5.14%
Sales Q2Q%3.15%
3.2 Future
The Earnings Per Share is expected to grow by 7.15% on average over the next years.
Based on estimates for the next years, FRT will show a small growth in Revenue. The Revenue will grow by 5.20% on average per year.
EPS Next Y34.83%
EPS Next 2Y8.64%
EPS Next 3Y7.86%
EPS Next 5Y7.15%
Revenue Next Year4.95%
Revenue Next 2Y5.07%
Revenue Next 3Y4.25%
Revenue Next 5Y5.2%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.65, which indicates a rather expensive current valuation of FRT.
FRT's Price/Earnings ratio is a bit cheaper when compared to the industry. FRT is cheaper than 76.56% of the companies in the same industry.
When comparing the Price/Earnings ratio of FRT to the average of the S&P500 Index (25.65), we can say FRT is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 29.39, the valuation of FRT can be described as expensive.
FRT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FRT is cheaper than 76.56% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.45. FRT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.65 | ||
| Fwd PE | 29.39 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FRT indicates a slightly more expensive valuation: FRT is more expensive than 61.72% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.36 |
4.3 Compensation for Growth
FRT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of FRT may justify a higher PE ratio.
PEG (NY)0.71
PEG (5Y)N/A
EPS Next 2Y8.64%
EPS Next 3Y7.86%
5. Dividend
5.1 Amount
FRT has a Yearly Dividend Yield of 4.70%, which is a nice return.
FRT's Dividend Yield is comparable with the industry average which is at 6.59.
FRT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.7% |
5.2 History
The dividend of FRT has a limited annual growth rate of 1.04%.
FRT has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of FRT decreased recently.
Dividend Growth(5Y)1.04%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
FRT pays out 113.83% of its income as dividend. This is not a sustainable payout ratio.
The dividend of FRT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP113.83%
EPS Next 2Y8.64%
EPS Next 3Y7.86%
97.14
-0.83 (-0.85%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners97.31%
Inst Owner Change1.48%
Ins Owners1%
Ins Owner Change-6.33%
Market Cap8.38B
Revenue(TTM)1.25B
Net Income(TTM)337.38M
Analysts75.65
Price Target110.81 (14.07%)
Short Float %2.37%
Short Ratio3.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.7% |
Yearly Dividend4.41
Dividend Growth(5Y)1.04%
DP113.83%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)62.7%
Min EPS beat(2)-13.16%
Max EPS beat(2)138.56%
EPS beat(4)3
Avg EPS beat(4)32.29%
Min EPS beat(4)-13.16%
Max EPS beat(4)138.56%
EPS beat(8)4
Avg EPS beat(8)16.47%
EPS beat(12)7
Avg EPS beat(12)22.23%
EPS beat(16)11
Avg EPS beat(16)43.27%
Revenue beat(2)0
Avg Revenue beat(2)-1.01%
Min Revenue beat(2)-1.57%
Max Revenue beat(2)-0.45%
Revenue beat(4)0
Avg Revenue beat(4)-0.76%
Min Revenue beat(4)-1.57%
Max Revenue beat(4)-0.1%
Revenue beat(8)1
Avg Revenue beat(8)-0.63%
Revenue beat(12)3
Avg Revenue beat(12)-0.54%
Revenue beat(16)7
Avg Revenue beat(16)0.29%
PT rev (1m)0.35%
PT rev (3m)0.85%
EPS NQ rev (1m)-5.72%
EPS NQ rev (3m)-3.72%
EPS NY rev (1m)-3.17%
EPS NY rev (3m)15.68%
Revenue NQ rev (1m)0.33%
Revenue NQ rev (3m)-0.11%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.65 | ||
| Fwd PE | 29.39 | ||
| P/S | 6.68 | ||
| P/FCF | N/A | ||
| P/OCF | 14.03 | ||
| P/B | 2.61 | ||
| P/tB | 2.61 | ||
| EV/EBITDA | 16.36 |
EPS(TTM)3.94
EY4.06%
EPS(NY)3.3
Fwd EY3.4%
FCF(TTM)-0.75
FCFYN/A
OCF(TTM)6.92
OCFY7.13%
SpS14.54
BVpS37.26
TBVpS37.26
PEG (NY)0.71
PEG (5Y)N/A
Graham Number57.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.81% | ||
| ROE | 10.5% | ||
| ROCE | 5.18% | ||
| ROIC | 4.1% | ||
| ROICexc | 4.15% | ||
| ROICexgc | 4.15% | ||
| OM | 34.86% | ||
| PM (TTM) | 26.9% | ||
| GM | 67.29% | ||
| FCFM | N/A |
ROA(3y)3.54%
ROA(5y)3.11%
ROE(3y)9.81%
ROE(5y)8.84%
ROIC(3y)3.87%
ROIC(5y)3.53%
ROICexc(3y)3.94%
ROICexc(5y)3.66%
ROICexgc(3y)3.95%
ROICexgc(5y)3.67%
ROCE(3y)4.89%
ROCE(5y)4.47%
ROICexgc growth 3Y6.41%
ROICexgc growth 5Y-1.68%
ROICexc growth 3Y6.44%
ROICexc growth 5Y-1.7%
OM growth 3Y2.79%
OM growth 5Y-1.69%
PM growth 3Y-3.57%
PM growth 5Y-8.39%
GM growth 3Y0.35%
GM growth 5Y-0.19%
F-Score6
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.96 | ||
| Cap/Depr | 185.12% | ||
| Cap/Sales | 52.77% | ||
| Interest Coverage | 2.62 | ||
| Cash Conversion | 75.13% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.57 | ||
| Altman-Z | 1.03 |
F-Score6
WACC6.67%
ROIC/WACC0.61
Cap/Depr(3y)183.44%
Cap/Depr(5y)207.83%
Cap/Sales(3y)51.91%
Cap/Sales(5y)60.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)40.21%
EPS 3Y-3.13%
EPS 5Y-9.41%
EPS Q2Q%-1.43%
EPS Next Y34.83%
EPS Next 2Y8.64%
EPS Next 3Y7.86%
EPS Next 5Y7.15%
Revenue 1Y (TTM)6.05%
Revenue growth 3Y8.13%
Revenue growth 5Y5.14%
Sales Q2Q%3.15%
Revenue Next Year4.95%
Revenue Next 2Y5.07%
Revenue Next 3Y4.25%
Revenue Next 5Y5.2%
EBIT growth 1Y6.3%
EBIT growth 3Y11.14%
EBIT growth 5Y3.37%
EBIT Next Year89.46%
EBIT Next 3Y27.78%
EBIT Next 5Y18.35%
FCF growth 1Y-156.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y8.43%
OCF growth 3Y6.82%
OCF growth 5Y4.46%
FEDERAL REALTY INVS TRUST / FRT FAQ
Can you provide the ChartMill fundamental rating for FEDERAL REALTY INVS TRUST?
ChartMill assigns a fundamental rating of 5 / 10 to FRT.
What is the valuation status for FRT stock?
ChartMill assigns a valuation rating of 3 / 10 to FEDERAL REALTY INVS TRUST (FRT). This can be considered as Overvalued.
How profitable is FEDERAL REALTY INVS TRUST (FRT) stock?
FEDERAL REALTY INVS TRUST (FRT) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for FRT stock?
The Price/Earnings (PE) ratio for FEDERAL REALTY INVS TRUST (FRT) is 24.65 and the Price/Book (PB) ratio is 2.61.
How financially healthy is FEDERAL REALTY INVS TRUST?
The financial health rating of FEDERAL REALTY INVS TRUST (FRT) is 3 / 10.