KIMCO REALTY CORP (KIM) Stock Fundamental Analysis
USA - NYSE:KIM - US49446R1095 - REIT
20.33 USD
-0.21 (-1.02%)
20.33 USD
0 (0%)
Overall KIM gets a fundamental rating of 5 out of 10. We evaluated KIM 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
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.
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 71.88% 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 67.19% of the companies in the same industry.
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.
Measured over the past 3 years, the Average Return On Invested Capital for KIM is in line with the industry average of 3.08%.
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
Looking at the Profit Margin, with a value of 26.52%, KIM is in the better half of the industry, outperforming 79.69% of the companies in the same industry.
In the last couple of years the Profit Margin of KIM has declined.
The Operating Margin of KIM (33.20%) is better than 67.97% of its industry peers.
In the last couple of years the Operating Margin of KIM has declined.
Looking at the Gross Margin, with a value of 69.03%, KIM is in line with its industry, outperforming 56.25% 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
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.
KIM has about the same debt/assets ratio as last year.
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 fine compared to the rest of the industry. KIM outperforms 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 78.13% of its industry peers.
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 Debt to Equity ratio of 0.78. This is in the better half of the industry: KIM outperforms 74.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 17.47 | ||
| Altman-Z | 1.08 |
ROIC/WACC0.43
WACC6.61%
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 of 1.15. This is comparable to the rest of the industry: KIM outperforms 57.81% of its industry peers.
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 (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
The Earnings Per Share has grown by an impressive 50.91% over the past year.
Measured over the past years, KIM shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.89% on average per year.
KIM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.14%.
Measured over the past years, KIM shows a quite strong growth in Revenue. The Revenue has been growing by 11.94% on average per year.
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.
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
The Price/Earnings ratio is 24.49, which indicates a rather expensive current valuation of KIM.
KIM's Price/Earnings ratio is a bit cheaper when compared to the industry. KIM is cheaper than 75.78% of the companies in the same industry.
KIM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.28, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 26.59, the valuation of KIM can be described as expensive.
KIM's Price/Forward Earnings ratio is rather cheap when compared to the industry. KIM is cheaper than 80.47% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of KIM to the average of the S&P500 Index (33.61), we can say KIM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.49 | ||
| Fwd PE | 26.59 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KIM indicates a slightly more expensive valuation: KIM is more expensive than 64.06% of the companies listed in the same industry.
70.31% 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 | 29.24 | ||
| EV/EBITDA | 16.47 |
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.
A more expensive valuation may be justified as KIM's earnings are expected to grow with 16.92% in the coming years.
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.
Compared to an average industry Dividend Yield of 6.28, KIM has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, KIM pays a better dividend.
| 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%
20.33
-0.21 (-1.02%)
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 Cap13.77B
Revenue(TTM)2.12B
Net Income(TTM)563.07M
Analysts73.79
Price Target25.05 (23.22%)
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 | 24.49 | ||
| Fwd PE | 26.59 | ||
| P/S | 6.48 | ||
| P/FCF | 29.24 | ||
| P/OCF | 12.5 | ||
| P/B | 1.31 | ||
| P/tB | 1.31 | ||
| EV/EBITDA | 16.47 |
EPS(TTM)0.83
EY4.08%
EPS(NY)0.76
Fwd EY3.76%
FCF(TTM)0.7
FCFY3.42%
OCF(TTM)1.63
OCFY8%
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
WACC6.61%
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 24.49 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%.