KITE REALTY GROUP TRUST (KRG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KRG - US49803T3005 - REIT
23.47 USD
-0.15 (-0.64%)
23.47 USD
0 (0%)
KRG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 128 industry peers in the Diversified REITs industry. KRG has a medium profitability rating, but doesn't score so well on its financial health evaluation. KRG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year KRG was profitable.
In the past year KRG had a positive cash flow from operations.
In multiple years KRG reported negative net income over the last 5 years.
Each year in the past 5 years KRG had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.10%, KRG is in the better half of the industry, outperforming 65.63% of the companies in the same industry.
KRG has a Return On Equity of 4.40%. This is in the better half of the industry: KRG outperforms 61.72% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.44%, KRG is in line with its industry, outperforming 45.31% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for KRG is in line with the industry average of 3.05%.
The 3 year average ROIC (1.52%) for KRG is below the current ROIC(2.44%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 4.4% | ||
| ROIC | 2.44% |
ROA(3y)0.19%
ROA(5y)-0.22%
ROE(3y)0.37%
ROE(5y)-0.45%
ROIC(3y)1.52%
ROIC(5y)1.17%
1.3 Margins
KRG's Profit Margin of 16.34% is fine compared to the rest of the industry. KRG outperforms 63.28% of its industry peers.
KRG has a Operating Margin of 23.03%. This is comparable to the rest of the industry: KRG outperforms 50.78% of its industry peers.
KRG's Operating Margin has been stable in the last couple of years.
KRG's Gross Margin of 74.01% is fine compared to the rest of the industry. KRG outperforms 68.75% of its industry peers.
In the last couple of years the Gross Margin of KRG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.03% | ||
| PM (TTM) | 16.34% | ||
| GM | 74.01% |
OM growth 3Y32.78%
OM growth 5Y-1.07%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.06%
GM growth 5Y0.26%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KRG is destroying value.
The number of shares outstanding for KRG remains at a similar level compared to 1 year ago.
KRG has more shares outstanding than it did 5 years ago.
The debt/assets ratio for KRG is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.75, we must say that KRG is in the distress zone and has some risk of bankruptcy.
KRG has a better Altman-Z score (0.75) than 64.84% of its industry peers.
KRG has a debt to FCF ratio of 10.47. This is a negative value and a sign of low solvency as KRG would need 10.47 years to pay back of all of its debts.
KRG has a better Debt to FCF ratio (10.47) than 90.63% of its industry peers.
A Debt/Equity ratio of 0.93 indicates that KRG is somewhat dependend on debt financing.
The Debt to Equity ratio of KRG (0.93) is better than 64.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 10.47 | ||
| Altman-Z | 0.75 |
ROIC/WACC0.36
WACC6.8%
2.3 Liquidity
A Current Ratio of 0.71 indicates that KRG may have some problems paying its short term obligations.
KRG's Current ratio of 0.71 is on the low side compared to the rest of the industry. KRG is outperformed by 67.97% of its industry peers.
A Quick Ratio of 0.71 indicates that KRG may have some problems paying its short term obligations.
The Quick ratio of KRG (0.71) is worse than 65.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 156.00% over the past year.
KRG shows a small growth in Revenue. In the last year, the Revenue has grown by 3.33%.
KRG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.71% yearly.
EPS 1Y (TTM)156%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-187.5%
Revenue 1Y (TTM)3.33%
Revenue growth 3Y31.14%
Revenue growth 5Y21.71%
Sales Q2Q%-1.06%
3.2 Future
Based on estimates for the next years, KRG will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.24% on average per year.
KRG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.64% yearly.
EPS Next Y74.31%
EPS Next 2Y10.78%
EPS Next 3Y12.24%
EPS Next 5YN/A
Revenue Next Year2.12%
Revenue Next 2Y0.46%
Revenue Next 3Y-0.76%
Revenue Next 5Y2.64%
3.3 Evolution
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
KRG is valuated quite expensively with a Price/Earnings ratio of 36.67.
The rest of the industry has a similar Price/Earnings ratio as KRG.
The average S&P500 Price/Earnings ratio is at 26.43. KRG is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 61.69, which means the current valuation is very expensive for KRG.
KRG's Price/Forward Earnings is on the same level as the industry average.
KRG's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.66.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.67 | ||
| Fwd PE | 61.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KRG is valued a bit cheaper than the industry average as 60.94% of the companies are valued more expensively.
KRG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. KRG is cheaper than 78.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.09 | ||
| EV/EBITDA | 13.63 |
4.3 Compensation for Growth
KRG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
KRG has a very decent profitability rating, which may justify a higher PE ratio.
KRG's earnings are expected to grow with 12.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.49
PEG (5Y)N/A
EPS Next 2Y10.78%
EPS Next 3Y12.24%
5. Dividend
5.1 Amount
KRG has a Yearly Dividend Yield of 4.76%, which is a nice return.
KRG's Dividend Yield is comparable with the industry average which is at 6.20.
Compared to an average S&P500 Dividend Yield of 1.87, KRG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.76% |
5.2 History
The dividend of KRG decreases each year by -8.66%.
KRG has paid a dividend for at least 10 years, which is a reliable track record.
KRG has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)-8.66%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
KRG pays out 168.35% of its income as dividend. This is not a sustainable payout ratio.
DP168.35%
EPS Next 2Y10.78%
EPS Next 3Y12.24%
23.47
-0.15 (-0.64%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners103.43%
Inst Owner Change-1.13%
Ins Owners0.69%
Ins Owner Change-2.41%
Market Cap5.08B
Revenue(TTM)854.93M
Net Income(TTM)139.66M
Analysts74.12
Price Target26.33 (12.19%)
Short Float %6.01%
Short Ratio7.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.76% |
Yearly Dividend1.01
Dividend Growth(5Y)-8.66%
DP168.35%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)195.99%
Min EPS beat(2)-201.07%
Max EPS beat(2)593.05%
EPS beat(4)3
Avg EPS beat(4)106.98%
Min EPS beat(4)-201.07%
Max EPS beat(4)593.05%
EPS beat(8)7
Avg EPS beat(8)90.24%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.07%
Min Revenue beat(2)-3.56%
Max Revenue beat(2)-0.59%
Revenue beat(4)2
Avg Revenue beat(4)0.41%
Min Revenue beat(4)-3.56%
Max Revenue beat(4)3.83%
Revenue beat(8)3
Avg Revenue beat(8)-0.52%
Revenue beat(12)7
Avg Revenue beat(12)0.24%
Revenue beat(16)11
Avg Revenue beat(16)1.51%
PT rev (1m)0.35%
PT rev (3m)1.65%
EPS NQ rev (1m)3.7%
EPS NQ rev (3m)7.68%
EPS NY rev (1m)-5.43%
EPS NY rev (3m)7.72%
Revenue NQ rev (1m)-2.23%
Revenue NQ rev (3m)-2.23%
Revenue NY rev (1m)-1.03%
Revenue NY rev (3m)-1.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.67 | ||
| Fwd PE | 61.69 | ||
| P/S | 5.94 | ||
| P/FCF | 18.09 | ||
| P/OCF | 11.71 | ||
| P/B | 1.6 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 13.63 |
EPS(TTM)0.64
EY2.73%
EPS(NY)0.38
Fwd EY1.62%
FCF(TTM)1.3
FCFY5.53%
OCF(TTM)2
OCFY8.54%
SpS3.95
BVpS14.65
TBVpS13.33
PEG (NY)0.49
PEG (5Y)N/A
Graham Number14.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 4.4% | ||
| ROCE | 3.09% | ||
| ROIC | 2.44% | ||
| ROICexc | 2.47% | ||
| ROICexgc | 2.59% | ||
| OM | 23.03% | ||
| PM (TTM) | 16.34% | ||
| GM | 74.01% | ||
| FCFM | 32.87% |
ROA(3y)0.19%
ROA(5y)-0.22%
ROE(3y)0.37%
ROE(5y)-0.45%
ROIC(3y)1.52%
ROIC(5y)1.17%
ROICexc(3y)1.54%
ROICexc(5y)1.19%
ROICexgc(3y)1.63%
ROICexgc(5y)1.24%
ROCE(3y)1.92%
ROCE(5y)1.49%
ROICexgc growth 3Y86.98%
ROICexgc growth 5Y1.62%
ROICexc growth 3Y83.34%
ROICexc growth 5Y0.43%
OM growth 3Y32.78%
OM growth 5Y-1.07%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.06%
GM growth 5Y0.26%
F-Score7
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 10.47 | ||
| Debt/EBITDA | 5.02 | ||
| Cap/Depr | 39.32% | ||
| Cap/Sales | 17.91% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 74.05% | ||
| Profit Quality | 201.18% | ||
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 0.75 |
F-Score7
WACC6.8%
ROIC/WACC0.36
Cap/Depr(3y)34.03%
Cap/Depr(5y)31.92%
Cap/Sales(3y)17.94%
Cap/Sales(5y)16.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)156%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-187.5%
EPS Next Y74.31%
EPS Next 2Y10.78%
EPS Next 3Y12.24%
EPS Next 5YN/A
Revenue 1Y (TTM)3.33%
Revenue growth 3Y31.14%
Revenue growth 5Y21.71%
Sales Q2Q%-1.06%
Revenue Next Year2.12%
Revenue Next 2Y0.46%
Revenue Next 3Y-0.76%
Revenue Next 5Y2.64%
EBIT growth 1Y19.81%
EBIT growth 3Y74.13%
EBIT growth 5Y20.41%
EBIT Next Year224.46%
EBIT Next 3Y50.32%
EBIT Next 5Y36.77%
FCF growth 1Y9.16%
FCF growth 3Y86.16%
FCF growth 5Y26.84%
OCF growth 1Y6.36%
OCF growth 3Y61%
OCF growth 5Y24.87%
KITE REALTY GROUP TRUST / KRG FAQ
Can you provide the ChartMill fundamental rating for KITE REALTY GROUP TRUST?
ChartMill assigns a fundamental rating of 5 / 10 to KRG.
What is the valuation status of KITE REALTY GROUP TRUST (KRG) stock?
ChartMill assigns a valuation rating of 4 / 10 to KITE REALTY GROUP TRUST (KRG). This can be considered as Fairly Valued.
How profitable is KITE REALTY GROUP TRUST (KRG) stock?
KITE REALTY GROUP TRUST (KRG) has a profitability rating of 6 / 10.
What is the valuation of KITE REALTY GROUP TRUST based on its PE and PB ratios?
The Price/Earnings (PE) ratio for KITE REALTY GROUP TRUST (KRG) is 36.67 and the Price/Book (PB) ratio is 1.6.
What is the earnings growth outlook for KITE REALTY GROUP TRUST?
The Earnings per Share (EPS) of KITE REALTY GROUP TRUST (KRG) is expected to grow by 74.31% in the next year.