KIMCO REALTY CORP (KIM) Stock Fundamental Analysis
USA - NYSE:KIM - US49446R1095 - REIT
20.43 USD
-0.16 (-0.78%)
20.43 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 only an average score on both its financial health and profitability. KIM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year KIM was profitable.
KIM had a positive operating cash flow in the past year.
In the past 5 years KIM has always been profitable.
KIM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of KIM (2.83%) is better than 72.66% of its industry peers.
The Return On Equity of KIM (5.37%) is better than 67.97% of its industry peers.
The Return On Invested Capital of KIM (2.87%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for KIM is in line with the industry average of 3.04%.
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
With an excellent Profit Margin value of 26.52%, KIM belongs to the best of the industry, outperforming 80.47% of the companies in the same industry.
KIM's Profit Margin has declined in the last couple of years.
KIM has a Operating Margin of 33.20%. This is in the better half of the industry: KIM outperforms 68.75% of its industry peers.
KIM's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 69.03%, KIM is in line with its industry, outperforming 57.03% of the companies in the same industry.
In the last couple of years the Gross Margin of KIM has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KIM is destroying value.
Compared to 1 year ago, KIM has more shares outstanding
The number of shares outstanding for KIM has been increased compared to 5 years ago.
Compared to 1 year ago, KIM has about the same debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.08, we must say that KIM is in the distress zone and has some risk of bankruptcy.
KIM has a Altman-Z score of 1.08. This is in the better half of the industry: KIM outperforms 79.69% 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 is in the better half of the industry, outperforming 79.69% 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.
Looking at the Debt to Equity ratio, with a value of 0.78, KIM is in the better half of 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
WACC6.6%
2.3 Liquidity
KIM has a Current Ratio of 1.15. This is a normal value and indicates that KIM is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.15, KIM is in line with its industry, outperforming 57.03% of the companies in the same industry.
KIM has a Quick Ratio of 1.15. This is a normal value and indicates that KIM is financially healthy and should not expect problems in meeting its short term obligations.
KIM has a Quick ratio (1.15) which is in line with 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
KIM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.34% yearly.
The Revenue is expected to grow by 3.90% on average over the next years.
EPS Next Y27.96%
EPS Next 2Y16.85%
EPS Next 3Y16.92%
EPS Next 5Y7.34%
Revenue Next Year5.13%
Revenue Next 2Y4.22%
Revenue Next 3Y3.89%
Revenue Next 5Y3.9%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 24.61 indicates a rather expensive valuation of KIM.
Based on the Price/Earnings ratio, KIM is valued a bit cheaper than 75.78% of the companies in the same industry.
When comparing the Price/Earnings ratio of KIM to the average of the S&P500 Index (25.91), we can say KIM is valued inline with the index average.
KIM is valuated quite expensively with a Price/Forward Earnings ratio of 26.72.
Based on the Price/Forward Earnings ratio, KIM is valued cheaper than 80.47% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.57. KIM is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.61 | ||
| Fwd PE | 26.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KIM is valued a bit more expensive than the industry average as 63.28% of the companies are valued more cheaply.
71.88% of the companies in the same industry are more expensive than KIM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.38 | ||
| EV/EBITDA | 16.5 |
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 KIM may justify a higher PE ratio.
KIM's earnings are expected to grow with 16.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.88
PEG (5Y)N/A
EPS Next 2Y16.85%
EPS Next 3Y16.92%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.14%, KIM is a good candidate for dividend investing.
KIM's Dividend Yield is comparable with the industry average which is at 6.30.
KIM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.14% |
5.2 History
The dividend of KIM decreases each year by -3.26%.
KIM has paid a dividend for at least 10 years, which is 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 2Y16.85%
EPS Next 3Y16.92%
20.43
-0.16 (-0.78%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners98.72%
Inst Owner Change0.28%
Ins Owners2.18%
Ins Owner Change-0.15%
Market Cap13.84B
Revenue(TTM)2.12B
Net Income(TTM)563.07M
Analysts73.79
Price Target25.05 (22.61%)
Short Float %3.03%
Short Ratio5.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.14% |
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)0.2%
PT rev (3m)1.62%
EPS NQ rev (1m)1.88%
EPS NQ rev (3m)3.19%
EPS NY rev (1m)-4.12%
EPS NY rev (3m)3.49%
Revenue NQ rev (1m)0.33%
Revenue NQ rev (3m)-0.33%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.61 | ||
| Fwd PE | 26.72 | ||
| P/S | 6.52 | ||
| P/FCF | 29.38 | ||
| P/OCF | 12.56 | ||
| P/B | 1.32 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | 16.5 |
EPS(TTM)0.83
EY4.06%
EPS(NY)0.76
Fwd EY3.74%
FCF(TTM)0.7
FCFY3.4%
OCF(TTM)1.63
OCFY7.96%
SpS3.14
BVpS15.48
TBVpS15.48
PEG (NY)0.88
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
WACC6.6%
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 Y27.96%
EPS Next 2Y16.85%
EPS Next 3Y16.92%
EPS Next 5Y7.34%
Revenue 1Y (TTM)8.14%
Revenue growth 3Y14.29%
Revenue growth 5Y11.94%
Sales Q2Q%5.62%
Revenue Next Year5.13%
Revenue Next 2Y4.22%
Revenue Next 3Y3.89%
Revenue Next 5Y3.9%
EBIT growth 1Y10.44%
EBIT growth 3Y13.71%
EBIT growth 5Y8.02%
EBIT Next Year111.83%
EBIT Next 3Y30.83%
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 24.61 and the Price/Book (PB) ratio is 1.32.
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%.