MEDICAL PROPERTIES TRUST INC (MPW) Stock Fundamental Analysis
USA - NYSE:MPW - US58463J3041 - REIT
5.14 USD
-0.12 (-2.28%)
5.15 USD
+0.01 (+0.19%)
Overall MPW gets a fundamental rating of 4 out of 10. We evaluated MPW against 127 industry peers in the Diversified REITs industry. The financial health of MPW is average, but there are quite some concerns on its profitability. While showing a medium growth rate, MPW is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year MPW has reported negative net income.
In the past year MPW had a positive cash flow from operations.
In multiple years MPW reported negative net income over the last 5 years.
In the past 5 years MPW always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -9.45%, MPW is not doing good in the industry: 89.76% of the companies in the same industry are doing better.
With a Return On Equity value of -29.62%, MPW is not doing good in the industry: 88.98% of the companies in the same industry are doing better.
MPW's Return On Invested Capital of 1.93% is on the low side compared to the rest of the industry. MPW is outperformed by 66.93% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MPW is in line with the industry average of 3.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.45% | ||
| ROE | -29.62% | ||
| ROIC | 1.93% |
ROA(3y)-5.11%
ROA(5y)-1.92%
ROE(3y)-15.57%
ROE(5y)-6.62%
ROIC(3y)2.26%
ROIC(5y)2.99%
1.3 Margins
MPW has a better Operating Margin (38.49%) than 82.68% of its industry peers.
MPW's Operating Margin has declined in the last couple of years.
MPW has a better Gross Margin (96.46%) than 97.64% of its industry peers.
MPW's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.49% | ||
| PM (TTM) | N/A | ||
| GM | 96.46% |
OM growth 3Y-16.71%
OM growth 5Y-10.61%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.03%
GM growth 5Y-0.02%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MPW is destroying value.
The number of shares outstanding for MPW has been increased compared to 1 year ago.
Compared to 5 years ago, MPW has more shares outstanding
Compared to 1 year ago, MPW has a worse debt to assets ratio.
2.2 Solvency
MPW has an Altman-Z score of 0.01. This is a bad value and indicates that MPW is not financially healthy and even has some risk of bankruptcy.
MPW has a worse Altman-Z score (0.01) than 75.59% of its industry peers.
MPW has a debt to FCF ratio of 931.91. This is a negative value and a sign of low solvency as MPW would need 931.91 years to pay back of all of its debts.
MPW has a Debt to FCF ratio of 931.91. This is comparable to the rest of the industry: MPW outperforms 52.76% of its industry peers.
MPW has a Debt/Equity ratio of 2.00. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.00, MPW is doing worse than 71.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | 931.91 | ||
| Altman-Z | 0.01 |
ROIC/WACC0.32
WACC6.08%
2.3 Liquidity
A Current Ratio of 2.07 indicates that MPW has no problem at all paying its short term obligations.
The Current ratio of MPW (2.07) is better than 81.89% of its industry peers.
A Quick Ratio of 2.07 indicates that MPW has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.07, MPW belongs to the top of the industry, outperforming 81.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.07 | ||
| Quick Ratio | 2.07 |
3. Growth
3.1 Past
MPW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -820.83%.
MPW shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.66%.
The Revenue has been growing slightly by 3.11% on average over the past years.
EPS 1Y (TTM)-820.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%103.7%
Revenue 1Y (TTM)27.66%
Revenue growth 3Y-13.62%
Revenue growth 5Y3.11%
Sales Q2Q%-9.83%
3.2 Future
MPW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.79% yearly.
Based on estimates for the next years, MPW will show a small growth in Revenue. The Revenue will grow by 2.71% on average per year.
EPS Next Y93.69%
EPS Next 2Y43.44%
EPS Next 3Y27.79%
EPS Next 5YN/A
Revenue Next Year-4.88%
Revenue Next 2Y2.14%
Revenue Next 3Y3.65%
Revenue Next 5Y2.71%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
MPW reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
MPW is valuated quite expensively with a Price/Forward Earnings ratio of 33.93.
Based on the Price/Forward Earnings ratio, MPW is valued a bit cheaper than the industry average as 70.87% of the companies are valued more expensively.
MPW's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 33.93 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MPW indicates a slightly more expensive valuation: MPW is more expensive than 63.78% of the companies listed in the same industry.
MPW's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 298.4 | ||
| EV/EBITDA | 16.07 |
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.
A more expensive valuation may be justified as MPW's earnings are expected to grow with 27.79% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y43.44%
EPS Next 3Y27.79%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.08%, MPW is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.23, MPW pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, MPW pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.08% |
5.2 History
The dividend of MPW decreases each year by -10.38%.
MPW has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-10.38%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
MPW has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-16.42%
EPS Next 2Y43.44%
EPS Next 3Y27.79%
5.14
-0.12 (-2.28%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners59.4%
Inst Owner Change0.34%
Ins Owners17.29%
Ins Owner Change-0.29%
Market Cap3.09B
Analysts51.76
Price Target4.95 (-3.7%)
Short Float %33.19%
Short Ratio17.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.08% |
Yearly Dividend0.54
Dividend Growth(5Y)-10.38%
DP-16.42%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5843.9%
Min EPS beat(2)-11757.5%
Max EPS beat(2)69.68%
EPS beat(4)1
Avg EPS beat(4)-3817.81%
Min EPS beat(4)-11757.5%
Max EPS beat(4)69.68%
EPS beat(8)2
Avg EPS beat(8)-1947.02%
EPS beat(12)3
Avg EPS beat(12)-1329.14%
EPS beat(16)7
Avg EPS beat(16)-980.66%
Revenue beat(2)1
Avg Revenue beat(2)-0.71%
Min Revenue beat(2)-3.58%
Max Revenue beat(2)2.15%
Revenue beat(4)2
Avg Revenue beat(4)-1.37%
Min Revenue beat(4)-9.56%
Max Revenue beat(4)5.51%
Revenue beat(8)4
Avg Revenue beat(8)-0.64%
Revenue beat(12)5
Avg Revenue beat(12)-1.65%
Revenue beat(16)6
Avg Revenue beat(16)-1.31%
PT rev (1m)0%
PT rev (3m)-5.56%
EPS NQ rev (1m)-62.5%
EPS NQ rev (3m)-59.08%
EPS NY rev (1m)-111.54%
EPS NY rev (3m)-275%
Revenue NQ rev (1m)-0.72%
Revenue NQ rev (3m)-1.75%
Revenue NY rev (1m)-1.09%
Revenue NY rev (3m)-1.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 33.93 | ||
| P/S | 3.35 | ||
| P/FCF | 298.4 | ||
| P/OCF | 16.43 | ||
| P/B | 0.64 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | 16.07 |
EPS(TTM)-2.21
EYN/A
EPS(NY)0.15
Fwd EY2.95%
FCF(TTM)0.02
FCFY0.34%
OCF(TTM)0.31
OCFY6.09%
SpS1.53
BVpS8.04
TBVpS8.04
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.45% | ||
| ROE | -29.62% | ||
| ROCE | 2.45% | ||
| ROIC | 1.93% | ||
| ROICexc | 2% | ||
| ROICexgc | 2.08% | ||
| OM | 38.49% | ||
| PM (TTM) | N/A | ||
| GM | 96.46% | ||
| FCFM | 1.12% |
ROA(3y)-5.11%
ROA(5y)-1.92%
ROE(3y)-15.57%
ROE(5y)-6.62%
ROIC(3y)2.26%
ROIC(5y)2.99%
ROICexc(3y)2.3%
ROICexc(5y)3.06%
ROICexgc(3y)2.37%
ROICexgc(5y)3.14%
ROCE(3y)2.86%
ROCE(5y)3.79%
ROICexcg growth 3Y-18.25%
ROICexcg growth 5Y-8.72%
ROICexc growth 3Y-18.71%
ROICexc growth 5Y-8.92%
OM growth 3Y-16.71%
OM growth 5Y-10.61%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.03%
GM growth 5Y-0.02%
F-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | 931.91 | ||
| Debt/EBITDA | 12.68 | ||
| Cap/Depr | 43.72% | ||
| Cap/Sales | 19.27% | ||
| Interest Coverage | 0.92 | ||
| Cash Conversion | 24.7% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.07 | ||
| Quick Ratio | 2.07 | ||
| Altman-Z | 0.01 |
F-Score4
WACC6.08%
ROIC/WACC0.32
Cap/Depr(3y)171.64%
Cap/Depr(5y)740.47%
Cap/Sales(3y)50.73%
Cap/Sales(5y)169.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-820.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%103.7%
EPS Next Y93.69%
EPS Next 2Y43.44%
EPS Next 3Y27.79%
EPS Next 5YN/A
Revenue 1Y (TTM)27.66%
Revenue growth 3Y-13.62%
Revenue growth 5Y3.11%
Sales Q2Q%-9.83%
Revenue Next Year-4.88%
Revenue Next 2Y2.14%
Revenue Next 3Y3.65%
Revenue Next 5Y2.71%
EBIT growth 1Y54.29%
EBIT growth 3Y-28.05%
EBIT growth 5Y-7.83%
EBIT Next Year124.92%
EBIT Next 3Y37.51%
EBIT Next 5Y20.65%
FCF growth 1Y116.86%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-69.04%
OCF growth 3Y-32.88%
OCF growth 5Y-13.06%