KIMCO REALTY CORP (KIM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KIM - US49446R1095 - REIT
20.36 USD
-0.06 (-0.29%)
20.36 USD
0 (0%)
KIM gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 128 industry peers in the Diversified REITs industry. KIM has an average financial health and profitability rating. KIM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
KIM had positive earnings in the past year.
In the past year KIM had a positive cash flow from operations.
Each year in the past 5 years KIM has been profitable.
KIM 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 2.83%, KIM is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
With a decent Return On Equity value of 5.37%, KIM is doing good in the industry, outperforming 66.41% of the companies in the same industry.
KIM has a Return On Invested Capital (2.87%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KIM is in line with the industry average of 3.05%.
The 3 year average ROIC (2.59%) for KIM is below the current ROIC(2.87%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.83% | ||
| ROE | 5.37% | ||
| ROIC | 2.87% |
ROA(3y)1.94%
ROA(5y)3.72%
ROE(3y)3.71%
ROE(5y)7.34%
ROIC(3y)2.59%
ROIC(5y)2.41%
1.3 Margins
KIM has a better Profit Margin (26.52%) than 77.34% of its industry peers.
In the last couple of years the Profit Margin of KIM has declined.
The Operating Margin of KIM (33.20%) is better than 68.75% of its industry peers.
KIM's Operating Margin has declined in the last couple of years.
The Gross Margin of KIM (69.03%) is comparable to the rest of the industry.
KIM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.2% | ||
| PM (TTM) | 26.52% | ||
| GM | 69.03% |
OM growth 3Y-0.51%
OM growth 5Y-3.5%
PM growth 3Y-32.69%
PM growth 5Y-8.94%
GM growth 3Y-0.33%
GM growth 5Y-0.64%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KIM is destroying value.
The number of shares outstanding for KIM has been increased compared to 1 year ago.
Compared to 5 years ago, KIM has more shares outstanding
Compared to 1 year ago, KIM has about the same debt to assets ratio.
2.2 Solvency
KIM has an Altman-Z score of 1.08. This is a bad value and indicates that KIM is not financially healthy and even has some risk of bankruptcy.
KIM's Altman-Z score of 1.08 is amongst the best of the industry. KIM outperforms 80.47% of its industry peers.
The Debt to FCF ratio of KIM is 17.47, which is on the high side as it means it would take KIM, 17.47 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 17.47, KIM belongs to the top of the industry, outperforming 82.03% of the companies in the same industry.
KIM has a Debt/Equity ratio of 0.78. This is a neutral value indicating KIM is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.78, KIM is doing good in the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 17.47 | ||
| Altman-Z | 1.08 |
ROIC/WACC0.43
WACC6.64%
2.3 Liquidity
A Current Ratio of 1.15 indicates that KIM should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.15, KIM is in line with its industry, outperforming 55.47% of the companies in the same industry.
A Quick Ratio of 1.15 indicates that KIM should not have too much problems paying its short term obligations.
KIM has a Quick ratio of 1.15. This is comparable to the rest of the industry: KIM outperforms 56.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 50.91% over the past year.
KIM shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.89% yearly.
Looking at the last year, KIM shows a quite strong growth in Revenue. The Revenue has grown by 8.14% in the last year.
The Revenue has been growing by 11.94% on average over the past years. This is quite good.
EPS 1Y (TTM)50.91%
EPS 3Y-29.53%
EPS 5Y-6.89%
EPS Q2Q%0%
Revenue 1Y (TTM)8.14%
Revenue growth 3Y14.29%
Revenue growth 5Y11.94%
Sales Q2Q%5.62%
3.2 Future
The Earnings Per Share is expected to grow by 8.66% on average over the next years. This is quite good.
The Revenue is expected to grow by 4.79% on average over the next years.
EPS Next Y38.27%
EPS Next 2Y15.42%
EPS Next 3Y12.86%
EPS Next 5Y8.66%
Revenue Next Year5.91%
Revenue Next 2Y4.45%
Revenue Next 3Y4.05%
Revenue Next 5Y4.79%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 24.53 indicates a rather expensive valuation of KIM.
Based on the Price/Earnings ratio, KIM is valued a bit cheaper than the industry average as 73.44% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.59, KIM is valued at the same level.
With a Price/Forward Earnings ratio of 27.29, KIM can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KIM indicates a rather cheap valuation: KIM is cheaper than 81.25% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.03, KIM is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.53 | ||
| Fwd PE | 27.29 |
4.2 Price Multiples
60.94% of the companies in the same industry are cheaper than KIM, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, KIM is valued a bit cheaper than 71.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.28 | ||
| EV/EBITDA | 16.41 |
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.
KIM has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as KIM's earnings are expected to grow with 12.86% in the coming years.
PEG (NY)0.64
PEG (5Y)N/A
EPS Next 2Y15.42%
EPS Next 3Y12.86%
5. Dividend
5.1 Amount
KIM has a Yearly Dividend Yield of 5.13%, which is a nice return.
Compared to an average industry Dividend Yield of 6.33, KIM has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.88, KIM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.13% |
5.2 History
The dividend of KIM decreases each year by -3.26%.
KIM has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-3.26%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
125.96% of the earnings are spent on dividend by KIM. This is not a sustainable payout ratio.
DP125.96%
EPS Next 2Y15.42%
EPS Next 3Y12.86%
20.36
-0.06 (-0.29%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners100.53%
Inst Owner Change2.44%
Ins Owners2.17%
Ins Owner Change-0.15%
Market Cap13.79B
Revenue(TTM)2.12B
Net Income(TTM)563.07M
Analysts73.79
Price TargetN/A
Short Float %3.78%
Short Ratio5.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.13% |
Yearly Dividend1.06
Dividend Growth(5Y)-3.26%
DP125.96%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.11%
Min EPS beat(2)8.27%
Max EPS beat(2)33.95%
EPS beat(4)4
Avg EPS beat(4)17.96%
Min EPS beat(4)3.1%
Max EPS beat(4)33.95%
EPS beat(8)7
Avg EPS beat(8)1.72%
EPS beat(12)9
Avg EPS beat(12)-0.48%
EPS beat(16)10
Avg EPS beat(16)-10.44%
Revenue beat(2)1
Avg Revenue beat(2)-0.14%
Min Revenue beat(2)-1.37%
Max Revenue beat(2)1.1%
Revenue beat(4)3
Avg Revenue beat(4)0.77%
Min Revenue beat(4)-1.37%
Max Revenue beat(4)1.74%
Revenue beat(8)5
Avg Revenue beat(8)0.65%
Revenue beat(12)8
Avg Revenue beat(12)0.72%
Revenue beat(16)12
Avg Revenue beat(16)1.36%
PT rev (1m)-2%
PT rev (3m)-1.8%
EPS NQ rev (1m)-3.71%
EPS NQ rev (3m)-1.89%
EPS NY rev (1m)3.14%
EPS NY rev (3m)6.33%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)0.82%
Revenue NY rev (1m)0.75%
Revenue NY rev (3m)0.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.53 | ||
| Fwd PE | 27.29 | ||
| P/S | 6.49 | ||
| P/FCF | 29.28 | ||
| P/OCF | 12.52 | ||
| P/B | 1.31 | ||
| P/tB | 1.31 | ||
| EV/EBITDA | 16.41 |
EPS(TTM)0.83
EY4.08%
EPS(NY)0.75
Fwd EY3.66%
FCF(TTM)0.7
FCFY3.41%
OCF(TTM)1.63
OCFY7.99%
SpS3.14
BVpS15.48
TBVpS15.48
PEG (NY)0.64
PEG (5Y)N/A
Graham Number17.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.83% | ||
| ROE | 5.37% | ||
| ROCE | 3.63% | ||
| ROIC | 2.87% | ||
| ROICexc | 2.89% | ||
| ROICexgc | 2.93% | ||
| OM | 33.2% | ||
| PM (TTM) | 26.52% | ||
| GM | 69.03% | ||
| FCFM | 22.18% |
ROA(3y)1.94%
ROA(5y)3.72%
ROE(3y)3.71%
ROE(5y)7.34%
ROIC(3y)2.59%
ROIC(5y)2.41%
ROICexc(3y)2.67%
ROICexc(5y)2.47%
ROICexgc(3y)2.72%
ROICexgc(5y)2.5%
ROCE(3y)3.28%
ROCE(5y)3.05%
ROICexgc growth 3Y11.55%
ROICexgc growth 5Y-4.11%
ROICexc growth 3Y10.84%
ROICexc growth 5Y-4.28%
OM growth 3Y-0.51%
OM growth 5Y-3.5%
PM growth 3Y-32.69%
PM growth 5Y-8.94%
GM growth 3Y-0.33%
GM growth 5Y-0.64%
F-Score6
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 17.47 | ||
| Debt/EBITDA | 6.17 | ||
| Cap/Depr | 100.19% | ||
| Cap/Sales | 29.69% | ||
| Interest Coverage | 2.18 | ||
| Cash Conversion | 82.54% | ||
| Profit Quality | 83.62% | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.15 | ||
| Altman-Z | 1.08 |
F-Score6
WACC6.64%
ROIC/WACC0.43
Cap/Depr(3y)94.6%
Cap/Depr(5y)114.14%
Cap/Sales(3y)27.48%
Cap/Sales(5y)32.82%
Profit Quality(3y)199.49%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)50.91%
EPS 3Y-29.53%
EPS 5Y-6.89%
EPS Q2Q%0%
EPS Next Y38.27%
EPS Next 2Y15.42%
EPS Next 3Y12.86%
EPS Next 5Y8.66%
Revenue 1Y (TTM)8.14%
Revenue growth 3Y14.29%
Revenue growth 5Y11.94%
Sales Q2Q%5.62%
Revenue Next Year5.91%
Revenue Next 2Y4.45%
Revenue Next 3Y4.05%
Revenue Next 5Y4.79%
EBIT growth 1Y10.44%
EBIT growth 3Y13.71%
EBIT growth 5Y8.02%
EBIT Next Year111.97%
EBIT Next 3Y31.1%
EBIT Next 5Y21.25%
FCF growth 1Y22.8%
FCF growth 3YN/A
FCF growth 5Y30.79%
OCF growth 1Y6.21%
OCF growth 3Y17.56%
OCF growth 5Y11.5%
KIMCO REALTY CORP / KIM FAQ
What is the ChartMill fundamental rating of KIMCO REALTY CORP (KIM) stock?
ChartMill assigns a fundamental rating of 5 / 10 to KIM.
Can you provide the valuation status for KIMCO REALTY CORP?
ChartMill assigns a valuation rating of 5 / 10 to KIMCO REALTY CORP (KIM). This can be considered as Fairly Valued.
Can you provide the profitability details for KIMCO REALTY CORP?
KIMCO REALTY CORP (KIM) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for KIM stock?
The Price/Earnings (PE) ratio for KIMCO REALTY CORP (KIM) is 24.53 and the Price/Book (PB) ratio is 1.31.
Is the dividend of KIMCO REALTY CORP sustainable?
The dividend rating of KIMCO REALTY CORP (KIM) is 4 / 10 and the dividend payout ratio is 125.96%.