MODIV INDUSTRIAL INC (MDV) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MDV - US60784B1017 - REIT
14.62 USD
+0.14 (+0.97%)
14.62 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to MDV. MDV was compared to 128 industry peers in the Diversified REITs industry. Both the profitability and the financial health of MDV get a neutral evaluation. Nothing too spectacular is happening here. MDV is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
MDV had positive earnings in the past year.
In the past year MDV had a positive cash flow from operations.
In the past 5 years MDV reported 4 times negative net income.
In the past 5 years MDV always reported a positive cash flow from operatings.
1.2 Ratios
MDV's Return On Assets of -0.54% is on the low side compared to the rest of the industry. MDV is outperformed by 63.28% of its industry peers.
The Return On Equity of MDV (-1.63%) is worse than 63.28% of its industry peers.
With a decent Return On Invested Capital value of 3.21%, MDV is doing good in the industry, outperforming 60.94% of the companies in the same industry.
MDV had an Average Return On Invested Capital over the past 3 years of 2.12%. This is in line with the industry average of 3.05%.
The 3 year average ROIC (2.12%) for MDV is below the current ROIC(3.21%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.54% | ||
| ROE | -1.63% | ||
| ROIC | 3.21% |
ROA(3y)-1.01%
ROA(5y)-3.09%
ROE(3y)-3.42%
ROE(5y)-9.27%
ROIC(3y)2.12%
ROIC(5y)1.53%
1.3 Margins
Looking at the Operating Margin, with a value of 42.49%, MDV belongs to the top of the industry, outperforming 88.28% of the companies in the same industry.
In the last couple of years the Operating Margin of MDV has grown nicely.
With an excellent Gross Margin value of 92.56%, MDV belongs to the best of the industry, outperforming 95.31% of the companies in the same industry.
MDV's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.49% | ||
| PM (TTM) | N/A | ||
| GM | 92.56% |
OM growth 3Y67.86%
OM growth 5Y18.86%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.08%
GM growth 5Y2.86%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MDV is destroying value.
The number of shares outstanding for MDV has been increased compared to 1 year ago.
MDV has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, MDV has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.09, we must say that MDV is in the distress zone and has some risk of bankruptcy.
MDV's Altman-Z score of 0.09 is on the low side compared to the rest of the industry. MDV is outperformed by 72.66% of its industry peers.
MDV has a debt to FCF ratio of 17.52. This is a negative value and a sign of low solvency as MDV would need 17.52 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 17.52, MDV belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
A Debt/Equity ratio of 1.70 is on the high side and indicates that MDV has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.70, MDV is doing worse than 64.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.7 | ||
| Debt/FCF | 17.52 | ||
| Altman-Z | 0.09 |
ROIC/WACC0.5
WACC6.44%
2.3 Liquidity
MDV has a Current Ratio of 4.25. This indicates that MDV is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 4.25, MDV belongs to the top of the industry, outperforming 92.97% of the companies in the same industry.
MDV has a Quick Ratio of 4.25. This indicates that MDV is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 4.25, MDV belongs to the best of the industry, outperforming 92.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.25 | ||
| Quick Ratio | 4.25 |
3. Growth
3.1 Past
MDV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 157.14%, which is quite impressive.
MDV shows a decrease in Revenue. In the last year, the revenue decreased by -0.59%.
Measured over the past years, MDV shows a quite strong growth in Revenue. The Revenue has been growing by 13.76% on average per year.
EPS 1Y (TTM)157.14%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%100%
Revenue 1Y (TTM)-0.59%
Revenue growth 3Y7.26%
Revenue growth 5Y13.76%
Sales Q2Q%0.27%
3.2 Future
Based on estimates for the next years, MDV will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.50% on average per year.
The Revenue is expected to grow by 2.76% on average over the next years.
EPS Next Y-171.71%
EPS Next 2Y-29.65%
EPS Next 3Y9.5%
EPS Next 5YN/A
Revenue Next Year0.59%
Revenue Next 2Y0.65%
Revenue Next 3Y2.54%
Revenue Next 5Y2.76%
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
Based on the Price/Earnings ratio of 91.38, the valuation of MDV can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of MDV is on the same level as its industry peers.
MDV's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.59.
With a Price/Forward Earnings ratio of 118.17, MDV can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MDV is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.80, MDV is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 91.38 | ||
| Fwd PE | 118.17 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MDV indicates a somewhat cheap valuation: MDV is cheaper than 73.44% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, MDV is valued cheaper than 89.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.41 | ||
| EV/EBITDA | 11.82 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-29.65%
EPS Next 3Y9.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.87%, MDV is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.59, MDV pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, MDV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.87% |
5.2 History
MDV has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
MDV has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-573.85%
EPS Next 2Y-29.65%
EPS Next 3Y9.5%
14.62
+0.14 (+0.97%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners22.78%
Inst Owner Change-17.2%
Ins Owners3.03%
Ins Owner Change1.14%
Market Cap150.15M
Revenue(TTM)47.04M
Net Income(TTM)-2.68M
Analysts84
Price Target17.93 (22.64%)
Short Float %1.6%
Short Ratio4.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.87% |
Yearly Dividend1.6
Dividend Growth(5Y)N/A
DP-573.85%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)65.02%
Min EPS beat(2)-100%
Max EPS beat(2)230.03%
EPS beat(4)3
Avg EPS beat(4)104.41%
Min EPS beat(4)-100%
Max EPS beat(4)230.03%
EPS beat(8)5
Avg EPS beat(8)-93.26%
EPS beat(12)7
Avg EPS beat(12)26.74%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.46%
Min Revenue beat(2)-1.65%
Max Revenue beat(2)-1.28%
Revenue beat(4)1
Avg Revenue beat(4)-0.4%
Min Revenue beat(4)-1.65%
Max Revenue beat(4)1.93%
Revenue beat(8)2
Avg Revenue beat(8)-1.17%
Revenue beat(12)5
Avg Revenue beat(12)3.64%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.94%
PT rev (3m)0.48%
EPS NQ rev (1m)-10.94%
EPS NQ rev (3m)111.11%
EPS NY rev (1m)-86.84%
EPS NY rev (3m)-277.5%
Revenue NQ rev (1m)-3.5%
Revenue NQ rev (3m)-4.18%
Revenue NY rev (1m)-1.51%
Revenue NY rev (3m)-1.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 91.38 | ||
| Fwd PE | 118.17 | ||
| P/S | 3.19 | ||
| P/FCF | 9.41 | ||
| P/OCF | 9.08 | ||
| P/B | 0.91 | ||
| P/tB | 0.92 | ||
| EV/EBITDA | 11.82 |
EPS(TTM)0.16
EY1.09%
EPS(NY)0.12
Fwd EY0.85%
FCF(TTM)1.55
FCFY10.63%
OCF(TTM)1.61
OCFY11.01%
SpS4.58
BVpS16.05
TBVpS15.93
PEG (NY)N/A
PEG (5Y)N/A
Graham Number7.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.54% | ||
| ROE | -1.63% | ||
| ROCE | 4.06% | ||
| ROIC | 3.21% | ||
| ROICexc | 3.27% | ||
| ROICexgc | 3.28% | ||
| OM | 42.49% | ||
| PM (TTM) | N/A | ||
| GM | 92.56% | ||
| FCFM | 33.94% |
ROA(3y)-1.01%
ROA(5y)-3.09%
ROE(3y)-3.42%
ROE(5y)-9.27%
ROIC(3y)2.12%
ROIC(5y)1.53%
ROICexc(3y)2.16%
ROICexc(5y)1.58%
ROICexgc(3y)2.18%
ROICexgc(5y)1.6%
ROCE(3y)2.69%
ROCE(5y)1.95%
ROICexgc growth 3Y59.93%
ROICexgc growth 5Y30.52%
ROICexc growth 3Y62.55%
ROICexc growth 5Y34.05%
OM growth 3Y67.86%
OM growth 5Y18.86%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.08%
GM growth 5Y2.86%
F-Score4
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.7 | ||
| Debt/FCF | 17.52 | ||
| Debt/EBITDA | 7.87 | ||
| Cap/Depr | 3.65% | ||
| Cap/Sales | 1.21% | ||
| Interest Coverage | 1.58 | ||
| Cash Conversion | 46.51% | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.25 | ||
| Quick Ratio | 4.25 | ||
| Altman-Z | 0.09 |
F-Score4
WACC6.44%
ROIC/WACC0.5
Cap/Depr(3y)581.06%
Cap/Depr(5y)371.93%
Cap/Sales(3y)189.95%
Cap/Sales(5y)123.43%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)157.14%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%100%
EPS Next Y-171.71%
EPS Next 2Y-29.65%
EPS Next 3Y9.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.59%
Revenue growth 3Y7.26%
Revenue growth 5Y13.76%
Sales Q2Q%0.27%
Revenue Next Year0.59%
Revenue Next 2Y0.65%
Revenue Next 3Y2.54%
Revenue Next 5Y2.76%
EBIT growth 1Y11.56%
EBIT growth 3Y80.05%
EBIT growth 5Y35.21%
EBIT Next Year79.8%
EBIT Next 3Y25.75%
EBIT Next 5Y15.97%
FCF growth 1Y114.99%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-10.78%
OCF growth 3Y23.3%
OCF growth 5Y30.88%
MODIV INDUSTRIAL INC / MDV FAQ
Can you provide the ChartMill fundamental rating for MODIV INDUSTRIAL INC?
ChartMill assigns a fundamental rating of 4 / 10 to MDV.
What is the valuation status for MDV stock?
ChartMill assigns a valuation rating of 3 / 10 to MODIV INDUSTRIAL INC (MDV). This can be considered as Overvalued.
What is the profitability of MDV stock?
MODIV INDUSTRIAL INC (MDV) has a profitability rating of 5 / 10.
What is the expected EPS growth for MODIV INDUSTRIAL INC (MDV) stock?
The Earnings per Share (EPS) of MODIV INDUSTRIAL INC (MDV) is expected to decline by -171.71% in the next year.
Can you provide the dividend sustainability for MDV stock?
The dividend rating of MODIV INDUSTRIAL INC (MDV) is 4 / 10 and the dividend payout ratio is -573.85%.