KIMCO REALTY CORP (KIM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KIM - US49446R1095 - REIT
19.9 USD
+0.12 (+0.61%)
19.9 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 only an average score on both its financial health and profitability. 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.
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 68.75% of its industry peers.
KIM has a Return On Equity of 5.37%. This is in the better half of the industry: KIM outperforms 66.41% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.87%, KIM is in line with its industry, 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 3.05%.
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 has a Profit Margin of 26.52%. This is in the better half of the industry: KIM outperforms 77.34% of its industry peers.
In the last couple of years the Profit Margin of KIM has declined.
KIM's Operating Margin of 33.20% is fine compared to the rest 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 has a Gross Margin (69.03%) which is in line with 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
KIM 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, 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 1.05, we must say that KIM is in the distress zone and has some risk of bankruptcy.
KIM has a better Altman-Z score (1.05) than 80.47% of its industry peers.
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.
KIM has a better Debt to FCF ratio (17.47) than 82.03% of its industry peers.
A Debt/Equity ratio of 0.78 indicates that 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 | 1.05 |
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 comparable to the rest of the industry.
| 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.
KIM shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.89% yearly.
The Revenue has grown by 8.14% in the past year. This is quite good.
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
Based on estimates for the next years, KIM will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.66% on average per year.
Based on estimates for the next years, KIM will show a small growth in Revenue. The Revenue will grow by 4.79% on average per year.
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
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
With a Price/Earnings ratio of 23.98, KIM is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of KIM indicates a somewhat cheap valuation: KIM is cheaper than 75.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.28, KIM is valued at the same level.
The Price/Forward Earnings ratio is 26.68, which means the current valuation is very expensive for KIM.
80.47% of the companies in the same industry are more expensive than KIM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.52, KIM is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.98 | ||
| Fwd PE | 26.68 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as KIM.
Based on the Price/Free Cash Flow ratio, KIM is valued a bit cheaper than 70.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.62 | ||
| EV/EBITDA | 16.09 |
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 12.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.63
PEG (5Y)N/A
EPS Next 2Y15.42%
EPS Next 3Y12.86%
5. Dividend
5.1 Amount
KIM has a Yearly Dividend Yield of 5.11%, which is a nice return.
KIM's Dividend Yield is comparable with the industry average which is at 6.59.
KIM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.11% |
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 2Y15.42%
EPS Next 3Y12.86%
19.9
+0.12 (+0.61%)
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 Cap13.48B
Revenue(TTM)2.12B
Net Income(TTM)563.07M
Analysts73.79
Price Target24.55 (23.37%)
Short Float %3.82%
Short Ratio5.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.11% |
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)-0.84%
EPS NQ rev (1m)-3.71%
EPS NQ rev (3m)-0.64%
EPS NY rev (1m)8.06%
EPS NY rev (3m)6.33%
Revenue NQ rev (1m)0.64%
Revenue NQ rev (3m)0.71%
Revenue NY rev (1m)0.89%
Revenue NY rev (3m)0.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.98 | ||
| Fwd PE | 26.68 | ||
| P/S | 6.35 | ||
| P/FCF | 28.62 | ||
| P/OCF | 12.24 | ||
| P/B | 1.29 | ||
| P/tB | 1.29 | ||
| EV/EBITDA | 16.09 |
EPS(TTM)0.83
EY4.17%
EPS(NY)0.75
Fwd EY3.75%
FCF(TTM)0.7
FCFY3.49%
OCF(TTM)1.63
OCFY8.17%
SpS3.14
BVpS15.48
TBVpS15.48
PEG (NY)0.63
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 | 1.05 |
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 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 23.98 and the Price/Book (PB) ratio is 1.29.
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%.