GETTY REALTY CORP (GTY)
US3742971092 - REIT
Taking everything into account, GTY scores 5 out of 10 in our fundamental rating. GTY was compared to 130 industry peers in the Diversified REITs industry. While GTY belongs to the best of the industry regarding profitability, there are concerns on its financial health. GTY is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
GTY had positive earnings in the past year.
In the past year GTY had a positive cash flow from operations.
Each year in the past 5 years GTY has been profitable.
In the past 5 years GTY always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of GTY (3.30%) is better than 80.47% of its industry peers.
The Return On Equity of GTY (6.51%) is better than 79.69% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.48%, GTY belongs to the top of the industry, outperforming 86.72% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for GTY is in line with the industry average of 3.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.3% | ||
| ROE | 6.51% | ||
| ROIC | 4.48% |
ROA(3y)4.33%
ROA(5y)4.41%
ROE(3y)8.62%
ROE(5y)8.89%
ROIC(3y)4.67%
ROIC(5y)4.73%
1.3 Margins
GTY's Profit Margin of 31.67% is amongst the best of the industry. GTY outperforms 84.38% of its industry peers.
In the last couple of years the Profit Margin of GTY has declined.
GTY has a Operating Margin of 52.09%. This is amongst the best in the industry. GTY outperforms 93.75% of its industry peers.
In the last couple of years the Operating Margin of GTY has remained more or less at the same level.
GTY's Gross Margin of 91.11% is amongst the best of the industry. GTY outperforms 93.75% of its industry peers.
GTY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.09% | ||
| PM (TTM) | 31.67% | ||
| GM | 91.11% |
OM growth 3Y-1.15%
OM growth 5Y-0.7%
PM growth 3Y-12.26%
PM growth 5Y-2.02%
GM growth 3Y1.25%
GM growth 5Y1.69%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GTY is destroying value.
Compared to 1 year ago, GTY has more shares outstanding
The number of shares outstanding for GTY has been increased compared to 5 years ago.
GTY has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.33, we must say that GTY is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of GTY (1.33) is better than 85.94% of its industry peers.
A Debt/Equity ratio of 0.87 indicates that GTY is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.87, GTY is doing good in the industry, outperforming 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.33 |
ROIC/WACC0.61
WACC7.4%
2.3 Liquidity
GTY has a Current Ratio of 2.46. This indicates that GTY is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of GTY (2.46) is better than 79.69% of its industry peers.
GTY has a Quick Ratio of 2.46. This is a bad value and indicates that GTY is not financially healthy enough and could expect problems in meeting its short term obligations.
GTY has a Quick ratio of 0.96. This is comparable to the rest of the industry: GTY outperforms 41.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.46 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
The earnings per share for GTY have decreased strongly by -17.61% in the last year.
The Earnings Per Share has been decreasing by -0.34% on average over the past years.
GTY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.22%.
The Revenue has been growing slightly by 6.43% on average over the past years.
EPS 1Y (TTM)-17.61%
EPS 3Y-11.16%
EPS 5Y-0.34%
EPS Q2Q%-12.9%
Revenue 1Y (TTM)9.22%
Revenue growth 3Y8.06%
Revenue growth 5Y6.43%
Sales Q2Q%1.94%
3.2 Future
GTY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.25% yearly.
The Revenue is expected to grow by 9.13% on average over the next years. This is quite good.
EPS Next Y6.27%
EPS Next 2Y4.36%
EPS Next 3Y4.25%
EPS Next 5YN/A
Revenue Next Year7.27%
Revenue Next 2Y8.47%
Revenue Next 3Y9.13%
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 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
GTY is valuated quite expensively with a Price/Earnings ratio of 26.11.
Based on the Price/Earnings ratio, GTY is valued a bit cheaper than 73.44% of the companies in the same industry.
GTY's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.73.
With a Price/Forward Earnings ratio of 24.39, GTY is valued on the expensive side.
Based on the Price/Forward Earnings ratio, GTY is valued cheaper than 84.38% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of GTY to the average of the S&P500 Index (22.83), we can say GTY is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.11 | ||
| Fwd PE | 24.39 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GTY indicates a slightly more expensive valuation: GTY is more expensive than 64.06% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.02 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of GTY may justify a higher PE ratio.
PEG (NY)4.16
PEG (5Y)N/A
EPS Next 2Y4.36%
EPS Next 3Y4.25%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.21%, GTY is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 15.49, GTY pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, GTY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.21% |
5.2 History
On average, the dividend of GTY grows each year by 6.64%, which is quite nice.
GTY has paid a dividend for at least 10 years, which is a reliable track record.
GTY has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)6.64%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
156.25% of the earnings are spent on dividend by GTY. This is not a sustainable payout ratio.
The dividend of GTY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP156.25%
EPS Next 2Y4.36%
EPS Next 3Y4.25%
GETTY REALTY CORP
NYSE:GTY (12/20/2024, 8:15:57 PM)
After market: 30.55 0 (0%)30.55
+0.29 (+0.96%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners82.64%
Inst Owner Change10.66%
Ins Owners8.07%
Ins Owner Change0%
Market Cap1.68B
Analysts72.73
Price Target34.42 (12.67%)
Short Float %4.86%
Short Ratio10.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.21% |
Dividend Growth(5Y)6.64%
DP156.25%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.67%
Min EPS beat(2)-12.35%
Max EPS beat(2)-0.99%
EPS beat(4)1
Avg EPS beat(4)-2.86%
Min EPS beat(4)-12.35%
Max EPS beat(4)6.08%
EPS beat(8)2
Avg EPS beat(8)8.66%
EPS beat(12)5
Avg EPS beat(12)24.47%
EPS beat(16)7
Avg EPS beat(16)31.09%
Revenue beat(2)2
Avg Revenue beat(2)1.99%
Min Revenue beat(2)1.36%
Max Revenue beat(2)2.62%
Revenue beat(4)3
Avg Revenue beat(4)1.84%
Min Revenue beat(4)-1.48%
Max Revenue beat(4)4.87%
Revenue beat(8)6
Avg Revenue beat(8)2.6%
Revenue beat(12)8
Avg Revenue beat(12)1.38%
Revenue beat(16)9
Avg Revenue beat(16)0.9%
PT rev (1m)3.05%
PT rev (3m)7.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.9%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.63%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)4.66%
Revenue NY rev (1m)0.15%
Revenue NY rev (3m)0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.11 | ||
| Fwd PE | 24.39 | ||
| P/S | 8.49 | ||
| P/FCF | N/A | ||
| P/OCF | 13.43 | ||
| P/B | 1.74 | ||
| P/tB | 1.74 | ||
| EV/EBITDA | 16.02 |
EPS(TTM)1.17
EY3.83%
EPS(NY)1.25
Fwd EY4.1%
FCF(TTM)-2.48
FCFYN/A
OCF(TTM)2.27
OCFY7.44%
SpS3.6
BVpS17.51
TBVpS17.51
PEG (NY)4.16
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.3% | ||
| ROE | 6.51% | ||
| ROCE | 5.67% | ||
| ROIC | 4.48% | ||
| ROICexc | 4.49% | ||
| ROICexgc | 4.49% | ||
| OM | 52.09% | ||
| PM (TTM) | 31.67% | ||
| GM | 91.11% | ||
| FCFM | N/A |
ROA(3y)4.33%
ROA(5y)4.41%
ROE(3y)8.62%
ROE(5y)8.89%
ROIC(3y)4.67%
ROIC(5y)4.73%
ROICexc(3y)4.71%
ROICexc(5y)4.82%
ROICexgc(3y)4.71%
ROICexgc(5y)4.82%
ROCE(3y)5.91%
ROCE(5y)5.99%
ROICexcg growth 3Y-5.34%
ROICexcg growth 5Y-4.59%
ROICexc growth 3Y-5.34%
ROICexc growth 5Y-4.59%
OM growth 3Y-1.15%
OM growth 5Y-0.7%
PM growth 3Y-12.26%
PM growth 5Y-2.02%
GM growth 3Y1.25%
GM growth 5Y1.69%
F-Score6
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.36 | ||
| Cap/Depr | 496.19% | ||
| Cap/Sales | 132.06% | ||
| Interest Coverage | 2.9 | ||
| Cash Conversion | 80.29% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.46 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z | 1.33 |
F-Score6
WACC7.4%
ROIC/WACC0.61
Cap/Depr(3y)480.65%
Cap/Depr(5y)457.69%
Cap/Sales(3y)114.06%
Cap/Sales(5y)101.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-17.61%
EPS 3Y-11.16%
EPS 5Y-0.34%
EPS Q2Q%-12.9%
EPS Next Y6.27%
EPS Next 2Y4.36%
EPS Next 3Y4.25%
EPS Next 5YN/A
Revenue 1Y (TTM)9.22%
Revenue growth 3Y8.06%
Revenue growth 5Y6.43%
Sales Q2Q%1.94%
Revenue Next Year7.27%
Revenue Next 2Y8.47%
Revenue Next 3Y9.13%
Revenue Next 5YN/A
EBIT growth 1Y7.9%
EBIT growth 3Y6.81%
EBIT growth 5Y5.69%
EBIT Next Year69.19%
EBIT Next 3Y27.05%
EBIT Next 5YN/A
FCF growth 1Y-288.27%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y30.34%
OCF growth 3Y8.33%
OCF growth 5Y9.67%