KIMCO REALTY CORP (KIM) Stock Fundamental Analysis
USA - NYSE:KIM - US49446R1095 - REIT
20.42 USD
-0.01 (-0.05%)
20.42 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. KIM has an average financial health and profitability rating. KIM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
KIM had positive earnings in the past year.
KIM had a positive operating cash flow in the past year.
Each year in the past 5 years KIM has been profitable.
Each year in the past 5 years KIM had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 2.83%, KIM is doing good in the industry, outperforming 72.66% of the companies in the same industry.
KIM has a Return On Equity of 5.37%. This is in the better half of the industry: KIM outperforms 68.75% of its industry peers.
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 3.04%.
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
The Profit Margin of KIM (26.52%) is better than 80.47% of its industry peers.
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.
In the last couple of years the Operating Margin of KIM has declined.
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.
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
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
KIM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for KIM has remained at the same level compared to a year ago.
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.
The Altman-Z score of KIM (1.08) is better than 78.91% 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.
The Debt to FCF ratio of KIM (17.47) is better than 79.69% of its industry peers.
A Debt/Equity ratio of 0.78 indicates that 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
WACC6.62%
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.
KIM has a Current ratio (1.15) which is in line with its industry peers.
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
KIM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 50.91%, which is quite impressive.
The Earnings Per Share has been decreasing by -6.89% on average over the past years.
The Revenue has grown by 8.14% in the past year. This is quite good.
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.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 24.60, which indicates a rather expensive current valuation of KIM.
Based on the Price/Earnings ratio, KIM is valued a bit cheaper than 77.34% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, KIM is valued at the same level.
With a Price/Forward Earnings ratio of 26.71, KIM can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, KIM is valued a bit cheaper than the industry average as 79.69% of the companies are valued more expensively.
KIM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.6 | ||
| Fwd PE | 26.71 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KIM is valued a bit more expensive than the industry average as 62.50% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, KIM is valued a bit cheaper than the industry average as 71.88% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.37 | ||
| EV/EBITDA | 16.42 |
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 6.31.
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
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 3Y16.92%
20.42
-0.01 (-0.05%)
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 Cap13.83B
Revenue(TTM)2.12B
Net Income(TTM)563.07M
Analysts73.79
Price Target25.05 (22.67%)
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 | 24.6 | ||
| Fwd PE | 26.71 | ||
| P/S | 6.51 | ||
| P/FCF | 29.37 | ||
| P/OCF | 12.56 | ||
| P/B | 1.32 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | 16.42 |
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
WACC6.62%
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 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 24.6 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%.