KIMCO REALTY CORP (KIM) Stock Fundamental Analysis
USA - NYSE:KIM - US49446R1095 - REIT
20.23 USD
+0.12 (+0.6%)
20.23 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to KIM. KIM was compared to 128 industry peers in the Diversified REITs industry. Both the profitability and the financial health of KIM get a neutral evaluation. Nothing too spectacular is happening here. 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.
In the past year KIM had a positive cash flow from operations.
Each year in the past 5 years KIM has been profitable.
In the past 5 years KIM always reported a positive cash flow from operatings.
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 72.66% of the companies in the same industry.
KIM has a better Return On Equity (5.37%) than 69.53% of its industry peers.
With a Return On Invested Capital value of 2.87%, KIM perfoms like the industry average, outperforming 53.91% of the companies in the same industry.
KIM had an Average Return On Invested Capital over the past 3 years of 2.59%. This is in line with the industry average of 3.04%.
The last Return On Invested Capital (2.87%) for KIM is above the 3 year average (2.59%), which is a sign of increasing profitability.
| 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's Profit Margin of 26.52% is amongst the best of the industry. KIM outperforms 80.47% of its industry peers.
In the last couple of years the Profit Margin of KIM has declined.
With a decent Operating Margin value of 33.20%, KIM is doing good in the industry, outperforming 68.75% of the companies in the same industry.
KIM's Operating Margin has declined in the last couple of years.
KIM's Gross Margin of 69.03% is in line compared to the rest of the industry. KIM outperforms 57.03% of its industry peers.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KIM is destroying value.
Compared to 1 year ago, KIM has more shares outstanding
KIM has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, KIM has about the same debt to assets ratio.
2.2 Solvency
KIM has an Altman-Z score of 1.06. This is a bad value and indicates that KIM is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.06, KIM is in the better half of the industry, outperforming 79.69% of the companies in the same industry.
KIM has a debt to FCF ratio of 17.47. This is a negative value and a sign of low solvency as KIM would need 17.47 years to pay back of 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 81.25% 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.
KIM has a better Debt to Equity ratio (0.78) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 17.47 | ||
| Altman-Z | 1.06 |
ROIC/WACC0.43
WACC6.62%
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 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's Quick ratio of 1.15 is in line compared to the rest of the industry. KIM outperforms 57.81% 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.
KIM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.14%.
KIM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.94% yearly.
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.
Based on estimates for the next years, KIM will show a small growth in Revenue. The Revenue will grow by 3.87% on average per year.
EPS Next Y34.06%
EPS Next 2Y16.85%
EPS Next 3Y13.62%
EPS Next 5Y7.34%
Revenue Next Year5.12%
Revenue Next 2Y4.15%
Revenue Next 3Y3.84%
Revenue Next 5Y3.87%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 24.37, the valuation of KIM can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of KIM indicates a somewhat cheap valuation: KIM is cheaper than 77.34% of the companies listed in the same industry.
KIM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.51, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 26.46, KIM can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, KIM is valued a bit cheaper than 79.69% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.98, KIM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.37 | ||
| Fwd PE | 26.46 |
4.2 Price Multiples
63.28% of the companies in the same industry are cheaper than KIM, based on the Enterprise Value to EBITDA ratio.
KIM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. KIM is cheaper than 71.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.1 | ||
| EV/EBITDA | 16.25 |
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.
KIM's earnings are expected to grow with 13.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.72
PEG (5Y)N/A
EPS Next 2Y16.85%
EPS Next 3Y13.62%
5. Dividend
5.1 Amount
KIM has a Yearly Dividend Yield of 5.09%, which is a nice return.
KIM's Dividend Yield is comparable with the industry average which is at 6.49.
Compared to an average S&P500 Dividend Yield of 2.44, KIM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
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
KIM pays out 125.96% of its income as dividend. This is not a sustainable payout ratio.
DP125.96%
EPS Next 2Y16.85%
EPS Next 3Y13.62%
20.23
+0.12 (+0.6%)
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 Change2.36%
Ins Owners2.18%
Ins Owner Change-0.16%
Market Cap13.70B
Revenue(TTM)2.12B
Net Income(TTM)563.07M
Analysts73.79
Price Target25.05 (23.83%)
Short Float %3.39%
Short Ratio4.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
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)1.41%
EPS NQ rev (3m)2.53%
EPS NY rev (1m)0.45%
EPS NY rev (3m)8.43%
Revenue NQ rev (1m)0.39%
Revenue NQ rev (3m)-0.15%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)-0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.37 | ||
| Fwd PE | 26.46 | ||
| P/S | 6.45 | ||
| P/FCF | 29.1 | ||
| P/OCF | 12.44 | ||
| P/B | 1.31 | ||
| P/tB | 1.31 | ||
| EV/EBITDA | 16.25 |
EPS(TTM)0.83
EY4.1%
EPS(NY)0.76
Fwd EY3.78%
FCF(TTM)0.7
FCFY3.44%
OCF(TTM)1.63
OCFY8.04%
SpS3.14
BVpS15.48
TBVpS15.48
PEG (NY)0.72
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 | 1.06 |
F-Score6
WACC6.62%
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 Y34.06%
EPS Next 2Y16.85%
EPS Next 3Y13.62%
EPS Next 5Y7.34%
Revenue 1Y (TTM)8.14%
Revenue growth 3Y14.29%
Revenue growth 5Y11.94%
Sales Q2Q%5.62%
Revenue Next Year5.12%
Revenue Next 2Y4.15%
Revenue Next 3Y3.84%
Revenue Next 5Y3.87%
EBIT growth 1Y10.44%
EBIT growth 3Y13.71%
EBIT growth 5Y8.02%
EBIT Next Year110.12%
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 24.37 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%.