MEDICAL PROPERTIES TRUST INC (MPW) Stock Fundamental Analysis
NYSE:MPW - New York Stock Exchange, Inc. - US58463J3041 - REIT - Currency: USD
Overall MPW gets a fundamental rating of 2 out of 10. We evaluated MPW against 129 industry peers in the Diversified REITs industry. Both the profitability and financial health of MPW have multiple concerns. MPW has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
MPW had negative earnings in the past year.
MPW had a positive operating cash flow in the past year.
In multiple years MPW reported negative net income over the last 5 years.
Of the past 5 years MPW 4 years had a positive operating cash flow.
1.2 Ratios
MPW has a Return On Assets of -17.48%. This is amonst the worse of the industry: MPW underperforms 96.83% of its industry peers.
Looking at the Return On Equity, with a value of -48.96%, MPW is doing worse than 92.86% of the companies in the same industry.
MPW has a Return On Invested Capital of 0.14%. This is amonst the worse of the industry: MPW underperforms 89.68% of its industry peers.
MPW had an Average Return On Invested Capital over the past 3 years of 2.26%. This is in line with the industry average of 3.15%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -17.48% | ||
| ROE | -48.96% | ||
| ROIC | 0.14% |
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 worse Operating Margin (3.91%) than 88.89% of its industry peers.
In the last couple of years the Operating Margin of MPW has declined.
The Gross Margin of MPW (96.76%) is better than 97.62% of its industry peers.
In the last couple of years the Gross Margin of MPW has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.91% | ||
| PM (TTM) | N/A | ||
| GM | 96.76% |
OM growth 3Y-16.71%
OM growth 5Y-10.61%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.21%
GM growth 5Y-0.12%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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
MPW has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.00, we must say that MPW is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.00, MPW is not doing good in the industry: 79.37% of the companies in the same industry are doing better.
MPW has a debt to FCF ratio of 90.96. This is a negative value and a sign of low solvency as MPW would need 90.96 years to pay back of all of its debts.
MPW has a Debt to FCF ratio (90.96) which is in line with its industry peers.
A Debt/Equity ratio of 1.69 is on the high side and indicates that MPW has dependencies on debt financing.
MPW's Debt to Equity ratio of 1.69 is on the low side compared to the rest of the industry. MPW is outperformed by 67.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 90.96 | ||
| Altman-Z | 0 |
ROIC/WACC0.02
WACC6.07%
2.3 Liquidity
A Current Ratio of 1.73 indicates that MPW should not have too much problems paying its short term obligations.
MPW has a better Current ratio (1.73) than 73.02% of its industry peers.
MPW has a Quick Ratio of 1.73. This is a normal value and indicates that MPW is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.73, MPW is doing good in the industry, outperforming 73.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.73 |
3. Growth
3.1 Past
MPW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -605.71%.
MPW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.19%.
MPW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.11% yearly.
EPS 1Y (TTM)-605.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)14.19%
Revenue growth 3Y-13.62%
Revenue growth 5Y3.11%
Sales Q2Q%-31.13%
3.2 Future
MPW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 38.84% yearly.
The Revenue is expected to decrease by -0.56% on average over the next years.
EPS Next Y90.68%
EPS Next 2Y38.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-5.05%
Revenue Next 2Y0.53%
Revenue Next 3Y1.55%
Revenue Next 5Y-0.56%
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
MPW reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year MPW is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
91.27% of the companies in the same industry are cheaper than MPW, based on the Enterprise Value to EBITDA ratio.
65.08% of the companies in the same industry are more expensive than MPW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.25 | ||
| EV/EBITDA | 25.2 |
4.3 Compensation for Growth
A more expensive valuation may be justified as MPW's earnings are expected to grow with 38.84% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y38.84%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.42%, MPW is a good candidate for dividend investing.
MPW's Dividend Yield is comparable with the industry average which is at 19.13.
MPW's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.42% |
5.2 History
The dividend of MPW has a limited annual growth rate of 0.77%.
MPW has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.77%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of MPW are negative and hence is the payout ratio. MPW will probably not be able to sustain this dividend level.
The dividend of MPW is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-13.67%
EPS Next 2Y38.84%
EPS Next 3YN/A
5.78
-0.12 (-2.03%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners62.86%
Inst Owner Change-4.67%
Ins Owners16.95%
Ins Owner Change-1.49%
Market Cap3.47B
Analysts51.58
Price Target4.65 (-19.55%)
Short Float %39.55%
Short Ratio14.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.42% |
Yearly Dividend1.03
Dividend Growth(5Y)0.77%
DP-13.67%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1582.66%
Min EPS beat(2)-2512.24%
Max EPS beat(2)-653.07%
EPS beat(4)1
Avg EPS beat(4)-703.86%
Min EPS beat(4)-2512.24%
Max EPS beat(4)536.49%
EPS beat(8)1
Avg EPS beat(8)-401.52%
EPS beat(12)5
Avg EPS beat(12)-244.5%
EPS beat(16)7
Avg EPS beat(16)-186.59%
Revenue beat(2)1
Avg Revenue beat(2)-1.83%
Min Revenue beat(2)-9.56%
Max Revenue beat(2)5.9%
Revenue beat(4)2
Avg Revenue beat(4)0.19%
Min Revenue beat(4)-9.56%
Max Revenue beat(4)7.24%
Revenue beat(8)3
Avg Revenue beat(8)-1.63%
Revenue beat(12)4
Avg Revenue beat(12)-2.08%
Revenue beat(16)6
Avg Revenue beat(16)-1.17%
PT rev (1m)0%
PT rev (3m)-7.59%
EPS NQ rev (1m)18.99%
EPS NQ rev (3m)-237.25%
EPS NY rev (1m)-284.31%
EPS NY rev (3m)-160.94%
Revenue NQ rev (1m)1.06%
Revenue NQ rev (3m)-7.38%
Revenue NY rev (1m)2.74%
Revenue NY rev (3m)-3.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 5.41 | ||
| P/FCF | 34.25 | ||
| P/OCF | 11.41 | ||
| P/B | 0.64 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | 25.2 |
EPS(TTM)-1.77
EYN/A
EPS(NY)-0.16
Fwd EYN/A
FCF(TTM)0.17
FCFY2.92%
OCF(TTM)0.51
OCFY8.77%
SpS1.07
BVpS9.06
TBVpS9.06
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -17.48% | ||
| ROE | -48.96% | ||
| ROCE | 0.17% | ||
| ROIC | 0.14% | ||
| ROICexc | 0.14% | ||
| ROICexgc | 0.14% | ||
| OM | 3.91% | ||
| PM (TTM) | N/A | ||
| GM | 96.76% | ||
| FCFM | 15.8% |
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-18.2%
ROICexcg growth 5Y-8.69%
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-0.21%
GM growth 5Y-0.12%
F-Score4
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 90.96 | ||
| Debt/EBITDA | 18.71 | ||
| Cap/Depr | 43.4% | ||
| Cap/Sales | 31.63% | ||
| Interest Coverage | 0.06 | ||
| Cash Conversion | 61.75% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.73 | ||
| Altman-Z | 0 |
F-Score4
WACC6.07%
ROIC/WACC0.02
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-605.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y90.68%
EPS Next 2Y38.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)14.19%
Revenue growth 3Y-13.62%
Revenue growth 5Y3.11%
Sales Q2Q%-31.13%
Revenue Next Year-5.05%
Revenue Next 2Y0.53%
Revenue Next 3Y1.55%
Revenue Next 5Y-0.56%
EBIT growth 1Y-95.54%
EBIT growth 3Y-28.05%
EBIT growth 5Y-7.83%
EBIT Next Year113.91%
EBIT Next 3Y34.81%
EBIT Next 5YN/A
FCF growth 1Y174.17%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-44.84%
OCF growth 3YN/A
OCF growth 5YN/A