GETTY REALTY CORP (GTY)
US3742971092 - REIT
GTY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 130 industry peers in the Diversified REITs industry. GTY has an excellent profitability rating, but 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
In the past year GTY was profitable.
In the past year GTY had a positive cash flow from operations.
GTY had positive earnings in each of the past 5 years.
GTY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.36%, GTY belongs to the top of the industry, outperforming 81.89% of the companies in the same industry.
The Return On Equity of GTY (6.68%) is better than 80.31% of its industry peers.
GTY's Return On Invested Capital of 4.37% is amongst the best of the industry. GTY outperforms 85.83% of its industry peers.
GTY had an Average Return On Invested Capital over the past 3 years of 4.67%. This is in line with the industry average of 3.05%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.36% | ||
| ROE | 6.68% | ||
| ROIC | 4.37% |
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
With an excellent Profit Margin value of 32.25%, GTY belongs to the best of the industry, outperforming 85.04% of the companies in the same industry.
GTY's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 50.86%, GTY belongs to the top of the industry, outperforming 92.91% of the companies in the same industry.
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 88.65% is amongst the best of the industry. GTY outperforms 92.91% of its industry peers.
In the last couple of years the Gross Margin of GTY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 50.86% | ||
| PM (TTM) | 32.25% | ||
| GM | 88.65% |
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
GTY 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, 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 1.37, we must say that GTY is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of GTY (1.37) is better than 84.25% of its industry peers.
A Debt/Equity ratio of 0.88 indicates that GTY is somewhat dependend on debt financing.
GTY has a better Debt to Equity ratio (0.88) than 67.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.37 |
ROIC/WACC0.62
WACC7.04%
2.3 Liquidity
GTY has a Current Ratio of 2.48. This indicates that GTY is financially healthy and has no problem in meeting its short term obligations.
GTY has a Current ratio of 2.48. This is amongst the best in the industry. GTY outperforms 83.46% of its industry peers.
GTY has a Quick Ratio of 2.48. This is a bad value and indicates that GTY is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.98, GTY is not doing good in the industry: 60.63% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.48 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
The earnings per share for GTY have decreased strongly by -12.32% in the last year.
Measured over the past years, GTY shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.34% on average per year.
Looking at the last year, GTY shows a quite strong growth in Revenue. The Revenue has grown by 14.03% in the last year.
GTY shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.43% yearly.
EPS 1Y (TTM)-12.32%
EPS 3Y-11.16%
EPS 5Y-0.34%
EPS Q2Q%15.38%
Revenue 1Y (TTM)14.03%
Revenue growth 3Y8.06%
Revenue growth 5Y6.43%
Sales Q2Q%11.72%
3.2 Future
The Earnings Per Share is expected to grow by 4.52% on average over the next years.
GTY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.63% yearly.
EPS Next Y8.03%
EPS Next 2Y5.2%
EPS Next 3Y4.52%
EPS Next 5YN/A
Revenue Next Year7%
Revenue Next 2Y7.75%
Revenue Next 3Y6.63%
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.
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
Based on the Price/Earnings ratio of 26.17, the valuation of GTY can be described as expensive.
77.17% of the companies in the same industry are more expensive than GTY, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 31.77, GTY is valued at the same level.
The Price/Forward Earnings ratio is 24.88, which indicates a rather expensive current valuation of GTY.
GTY's Price/Forward Earnings ratio is rather cheap when compared to the industry. GTY is cheaper than 87.40% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, GTY is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.17 | ||
| Fwd PE | 24.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GTY is valued a bit more expensive than 62.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.05 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
GTY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.26
PEG (5Y)N/A
EPS Next 2Y5.2%
EPS Next 3Y4.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.84%, GTY is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.88, GTY pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.21, GTY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
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
GTY pays out 149.84% of its income as dividend. This is not a sustainable payout ratio.
GTY's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP149.84%
EPS Next 2Y5.2%
EPS Next 3Y4.52%
GETTY REALTY CORP
NYSE:GTY (10/17/2024, 8:39:50 PM)
After market: 31.66 0 (0%)31.66
-0.2 (-0.63%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.72B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.17 | ||
| Fwd PE | 24.88 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.26
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.36% | ||
| ROE | 6.68% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 50.86% | ||
| PM (TTM) | 32.25% | ||
| GM | 88.65% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.48 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-12.32%
EPS 3Y-11.16%
EPS 5Y
EPS Q2Q%
EPS Next Y8.03%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)14.03%
Revenue growth 3Y8.06%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y