KITE REALTY GROUP TRUST (KRG) Stock Fundamental Analysis
USA - NYSE:KRG - US49803T3005 - REIT
22.91 USD
-0.03 (-0.13%)
22.91 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to KRG. KRG was compared to 127 industry peers in the Diversified REITs industry. There are concerns on the financial health of KRG while its profitability can be described as average. KRG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
KRG had positive earnings in the past year.
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.
In the past 5 years KRG always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of KRG (2.52%) is better than 70.08% of its industry peers.
The Return On Equity of KRG (5.20%) is better than 66.14% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.35%, KRG is in line with its industry, outperforming 44.88% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KRG is in line with the industry average of 3.04%.
The 3 year average ROIC (1.52%) for KRG is below the current ROIC(2.35%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.52% | ||
| ROE | 5.2% | ||
| ROIC | 2.35% |
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 20.14% is fine compared to the rest of the industry. KRG outperforms 71.65% of its industry peers.
KRG has a Operating Margin (22.63%) which is in line with its industry peers.
KRG's Operating Margin has been stable in the last couple of years.
KRG has a Gross Margin of 74.22%. This is in the better half of the industry: KRG outperforms 70.08% 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 | 22.63% | ||
| PM (TTM) | 20.14% | ||
| GM | 74.22% |
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
KRG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
KRG has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, KRG has more shares outstanding
Compared to 1 year ago, KRG has a worse debt to assets ratio.
2.2 Solvency
KRG has an Altman-Z score of 0.74. This is a bad value and indicates that KRG is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.74, KRG is in the better half of the industry, outperforming 64.57% of the companies in the same industry.
KRG has a debt to FCF ratio of 11.07. This is a negative value and a sign of low solvency as KRG would need 11.07 years to pay back of all of its debts.
KRG's Debt to FCF ratio of 11.07 is amongst the best of the industry. KRG outperforms 87.40% of its industry peers.
A Debt/Equity ratio of 0.89 indicates that KRG is somewhat dependend on debt financing.
KRG has a better Debt to Equity ratio (0.89) than 66.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 11.07 | ||
| Altman-Z | 0.74 |
ROIC/WACC0.35
WACC6.69%
2.3 Liquidity
KRG has a Current Ratio of 0.90. This is a bad value and indicates that KRG is not financially healthy enough and could expect problems in meeting its short term obligations.
KRG's Current ratio of 0.90 is in line compared to the rest of the industry. KRG outperforms 48.82% of its industry peers.
KRG has a Quick Ratio of 0.90. This is a bad value and indicates that KRG is not financially healthy enough and could expect problems in meeting its short term obligations.
KRG has a Quick ratio (0.90) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
KRG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 338.89%, which is quite impressive.
The Revenue has been growing slightly by 3.60% in the past year.
The Revenue has been growing by 21.71% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)338.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%525%
Revenue 1Y (TTM)3.6%
Revenue growth 3Y31.14%
Revenue growth 5Y21.71%
Sales Q2Q%2.11%
3.2 Future
The Earnings Per Share is expected to grow by 14.02% on average over the next years. This is quite good.
Based on estimates for the next years, KRG will show a small growth in Revenue. The Revenue will grow by 4.11% on average per year.
EPS Next Y88.97%
EPS Next 2Y11.89%
EPS Next 3Y14.02%
EPS Next 5YN/A
Revenue Next Year3.18%
Revenue Next 2Y2.46%
Revenue Next 3Y1.13%
Revenue Next 5Y4.11%
3.3 Evolution
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
A Price/Earnings ratio of 29.00 indicates a quite expensive valuation of KRG.
Compared to the rest of the industry, the Price/Earnings ratio of KRG indicates a somewhat cheap valuation: KRG is cheaper than 66.14% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of KRG to the average of the S&P500 Index (26.89), we can say KRG is valued inline with the index average.
With a Price/Forward Earnings ratio of 59.03, KRG can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as KRG.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.99, KRG is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29 | ||
| Fwd PE | 59.03 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KRG is valued a bit cheaper than 61.42% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, KRG is valued a bit cheaper than the industry average as 78.74% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.44 | ||
| EV/EBITDA | 13.36 |
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 KRG may justify a higher PE ratio.
A more expensive valuation may be justified as KRG's earnings are expected to grow with 14.02% in the coming years.
PEG (NY)0.33
PEG (5Y)N/A
EPS Next 2Y11.89%
EPS Next 3Y14.02%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.71%, KRG is a good candidate for dividend investing.
KRG's Dividend Yield is comparable with the industry average which is at 6.15.
Compared to an average S&P500 Dividend Yield of 2.31, KRG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.71% |
5.2 History
The dividend of KRG decreases each year by -8.66%.
KRG has been paying a dividend for at least 10 years, so it has 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
133.65% of the earnings are spent on dividend by KRG. This is not a sustainable payout ratio.
DP133.65%
EPS Next 2Y11.89%
EPS Next 3Y14.02%
22.91
-0.03 (-0.13%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners102.97%
Inst Owner Change-0.26%
Ins Owners0.68%
Ins Owner Change-2.52%
Market Cap5.04B
Revenue(TTM)857.13M
Net Income(TTM)172.60M
Analysts75.29
Price Target26.15 (14.14%)
Short Float %4.08%
Short Ratio4.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.71% |
Yearly Dividend1.01
Dividend Growth(5Y)-8.66%
DP133.65%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)312.94%
Min EPS beat(2)32.82%
Max EPS beat(2)593.05%
EPS beat(4)4
Avg EPS beat(4)160.54%
Min EPS beat(4)3.14%
Max EPS beat(4)593.05%
EPS beat(8)8
Avg EPS beat(8)133.82%
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)1
Avg Revenue beat(2)1.62%
Min Revenue beat(2)-0.59%
Max Revenue beat(2)3.83%
Revenue beat(4)2
Avg Revenue beat(4)0.84%
Min Revenue beat(4)-1.84%
Max Revenue beat(4)3.83%
Revenue beat(8)4
Avg Revenue beat(8)0.09%
Revenue beat(12)8
Avg Revenue beat(12)0.8%
Revenue beat(16)12
Avg Revenue beat(16)1.89%
PT rev (1m)0.93%
PT rev (3m)-2.52%
EPS NQ rev (1m)0.35%
EPS NQ rev (3m)-4%
EPS NY rev (1m)4.5%
EPS NY rev (3m)75.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.68%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29 | ||
| Fwd PE | 59.03 | ||
| P/S | 5.88 | ||
| P/FCF | 18.44 | ||
| P/OCF | 11.71 | ||
| P/B | 1.52 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 13.36 |
EPS(TTM)0.79
EY3.45%
EPS(NY)0.39
Fwd EY1.69%
FCF(TTM)1.24
FCFY5.42%
OCF(TTM)1.96
OCFY8.54%
SpS3.9
BVpS15.09
TBVpS13.73
PEG (NY)0.33
PEG (5Y)N/A
Graham Number16.38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.52% | ||
| ROE | 5.2% | ||
| ROCE | 2.98% | ||
| ROIC | 2.35% | ||
| ROICexc | 2.42% | ||
| ROICexgc | 2.54% | ||
| OM | 22.63% | ||
| PM (TTM) | 20.14% | ||
| GM | 74.22% | ||
| FCFM | 31.87% |
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-Score6
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 11.07 | ||
| Debt/EBITDA | 4.98 | ||
| Cap/Depr | 39.69% | ||
| Cap/Sales | 18.33% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 72.95% | ||
| Profit Quality | 158.24% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 0.74 |
F-Score6
WACC6.69%
ROIC/WACC0.35
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)338.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%525%
EPS Next Y88.97%
EPS Next 2Y11.89%
EPS Next 3Y14.02%
EPS Next 5YN/A
Revenue 1Y (TTM)3.6%
Revenue growth 3Y31.14%
Revenue growth 5Y21.71%
Sales Q2Q%2.11%
Revenue Next Year3.18%
Revenue Next 2Y2.46%
Revenue Next 3Y1.13%
Revenue Next 5Y4.11%
EBIT growth 1Y26.63%
EBIT growth 3Y74.13%
EBIT growth 5Y20.41%
EBIT Next Year232.26%
EBIT Next 3Y52.83%
EBIT Next 5Y38.86%
FCF growth 1Y14.86%
FCF growth 3Y86.16%
FCF growth 5Y26.84%
OCF growth 1Y6.13%
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 5 / 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 29 and the Price/Book (PB) ratio is 1.52.
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 88.97% in the next year.