17.49 USD
0 (0%)
17.49 USD
0 (0%)
Overall ROIC gets a fundamental rating of 4 out of 10. We evaluated ROIC against 128 industry peers in the Diversified REITs industry. While ROIC belongs to the best of the industry regarding profitability, there are concerns on its financial health. ROIC does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
ROIC had positive earnings in the past year.
In the past year ROIC had a positive cash flow from operations.
Each year in the past 5 years ROIC has been profitable.
ROIC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.92%, ROIC is in the better half of the industry, outperforming 69.84% of the companies in the same industry.
ROIC's Return On Equity of 4.47% is fine compared to the rest of the industry. ROIC outperforms 68.25% of its industry peers.
ROIC has a Return On Invested Capital (3.10%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for ROIC is in line with the industry average of 3.05%.
The last Return On Invested Capital (3.10%) for ROIC is above the 3 year average (2.80%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 4.47% | ||
| ROIC | 3.1% |
ROA(3y)1.56%
ROA(5y)1.49%
ROE(3y)3.6%
ROE(5y)3.51%
ROIC(3y)2.8%
ROIC(5y)2.77%
1.3 Margins
ROIC has a Profit Margin of 17.24%. This is in the better half of the industry: ROIC outperforms 72.22% of its industry peers.
ROIC's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 34.07%, ROIC is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Operating Margin of ROIC has remained more or less at the same level.
The Gross Margin of ROIC (82.88%) is better than 83.33% of its industry peers.
ROIC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.07% | ||
| PM (TTM) | 17.24% | ||
| GM | 82.88% |
OM growth 3Y0.29%
OM growth 5Y-0.84%
PM growth 3Y-2.53%
PM growth 5Y-6.17%
GM growth 3Y-0.94%
GM growth 5Y-0.47%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ROIC is destroying value.
Compared to 1 year ago, ROIC has more shares outstanding
Compared to 5 years ago, ROIC has more shares outstanding
The debt/assets ratio for ROIC has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.86, we must say that ROIC is in the distress zone and has some risk of bankruptcy.
ROIC's Altman-Z score of 0.86 is fine compared to the rest of the industry. ROIC outperforms 65.87% of its industry peers.
The Debt to FCF ratio of ROIC is 565.81, which is on the high side as it means it would take ROIC, 565.81 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 565.81, ROIC perfoms like the industry average, outperforming 46.03% of the companies in the same industry.
A Debt/Equity ratio of 1.09 is on the high side and indicates that ROIC has dependencies on debt financing.
ROIC's Debt to Equity ratio of 1.09 is in line compared to the rest of the industry. ROIC outperforms 53.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.09 | ||
| Debt/FCF | 565.81 | ||
| Altman-Z | 0.86 |
ROIC/WACC0.44
WACC7.02%
2.3 Liquidity
ROIC has a Current Ratio of 1.41. This is a normal value and indicates that ROIC is financially healthy and should not expect problems in meeting its short term obligations.
ROIC's Current ratio of 1.41 is in line compared to the rest of the industry. ROIC outperforms 59.52% of its industry peers.
ROIC has a Quick Ratio of 1.41. This is a normal value and indicates that ROIC is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.41, ROIC is doing good in the industry, outperforming 62.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.41 |
3. Growth
3.1 Past
ROIC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.79%.
ROIC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.73% yearly.
Looking at the last year, ROIC shows a small growth in Revenue. The Revenue has grown by 4.18% in the last year.
ROIC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.07% yearly.
EPS 1Y (TTM)-13.79%
EPS 3Y-1.2%
EPS 5Y-2.73%
EPS Q2Q%-42.86%
Revenue 1Y (TTM)4.18%
Revenue growth 3Y4.88%
Revenue growth 5Y2.07%
Sales Q2Q%2.13%
3.2 Future
ROIC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.99% yearly.
The Revenue is expected to grow by 1.84% on average over the next years.
EPS Next Y73.78%
EPS Next 2Y3.76%
EPS Next 3Y6.53%
EPS Next 5Y7.99%
Revenue Next Year4.36%
Revenue Next 2Y2.65%
Revenue Next 3Y2.38%
Revenue Next 5Y1.84%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
The Price/Earnings ratio is 69.96, which means the current valuation is very expensive for ROIC.
Compared to the rest of the industry, the Price/Earnings ratio of ROIC is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.26. ROIC is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 60.17, the valuation of ROIC can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ROIC is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 23.68. ROIC is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.96 | ||
| Fwd PE | 60.17 |
4.2 Price Multiples
ROIC's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. ROIC is more expensive than 66.67% of the companies in the same industry.
ROIC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 894.73 | ||
| EV/EBITDA | 16.29 |
4.3 Compensation for Growth
ROIC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ROIC may justify a higher PE ratio.
PEG (NY)0.95
PEG (5Y)N/A
EPS Next 2Y3.76%
EPS Next 3Y6.53%
5. Dividend
5.1 Amount
ROIC has a Yearly Dividend Yield of 3.43%.
Compared to an average industry Dividend Yield of 6.20, ROIC is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 1.87, ROIC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.43% |
5.2 History
The dividend of ROIC decreases each year by -10.38%.
ROIC has paid a dividend for at least 10 years, which is a reliable track record.
ROIC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-10.38%
Div Incr Years3
Div Non Decr Years4
5.3 Sustainability
ROIC pays out 131.94% of its income as dividend. This is not a sustainable payout ratio.
DP131.94%
EPS Next 2Y3.76%
EPS Next 3Y6.53%
17.49
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners97.95%
Inst Owner Change-26.36%
Ins OwnersN/A
Ins Owner Change0%
Market Cap2.24B
Revenue(TTM)336.79M
Net Income(TTM)58.05M
Analysts50.91
Price Target16.7 (-4.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.43% |
Yearly Dividend0.45
Dividend Growth(5Y)-10.38%
DP131.94%
Div Incr Years3
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-23.39%
Min EPS beat(2)-39.67%
Max EPS beat(2)-7.12%
EPS beat(4)1
Avg EPS beat(4)-5.39%
Min EPS beat(4)-39.67%
Max EPS beat(4)32.35%
EPS beat(8)2
Avg EPS beat(8)-6.5%
EPS beat(12)5
Avg EPS beat(12)4.15%
EPS beat(16)9
Avg EPS beat(16)31.8%
Revenue beat(2)1
Avg Revenue beat(2)0.08%
Min Revenue beat(2)-0.61%
Max Revenue beat(2)0.76%
Revenue beat(4)2
Avg Revenue beat(4)1.72%
Min Revenue beat(4)-0.61%
Max Revenue beat(4)6.93%
Revenue beat(8)4
Avg Revenue beat(8)0.53%
Revenue beat(12)6
Avg Revenue beat(12)0.65%
Revenue beat(16)8
Avg Revenue beat(16)0.7%
PT rev (1m)0%
PT rev (3m)-1.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)31.43%
EPS NY rev (3m)21.05%
Revenue NQ rev (1m)-1%
Revenue NQ rev (3m)-1.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.96 | ||
| Fwd PE | 60.17 | ||
| P/S | 6.64 | ||
| P/FCF | 894.73 | ||
| P/OCF | 15.43 | ||
| P/B | 1.72 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 16.29 |
EPS(TTM)0.25
EY1.43%
EPS(NY)0.29
Fwd EY1.66%
FCF(TTM)0.02
FCFY0.11%
OCF(TTM)1.13
OCFY6.48%
SpS2.64
BVpS10.15
TBVpS9.82
PEG (NY)0.95
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 4.47% | ||
| ROCE | 3.92% | ||
| ROIC | 3.1% | ||
| ROICexc | 3.16% | ||
| ROICexgc | 3.21% | ||
| OM | 34.07% | ||
| PM (TTM) | 17.24% | ||
| GM | 82.88% | ||
| FCFM | 0.74% |
ROA(3y)1.56%
ROA(5y)1.49%
ROE(3y)3.6%
ROE(5y)3.51%
ROIC(3y)2.8%
ROIC(5y)2.77%
ROICexc(3y)2.81%
ROICexc(5y)2.78%
ROICexgc(3y)2.86%
ROICexgc(5y)2.83%
ROCE(3y)3.55%
ROCE(5y)3.51%
ROICexgc growth 3Y4.14%
ROICexgc growth 5Y1.52%
ROICexc growth 3Y4.44%
ROICexc growth 5Y1.76%
OM growth 3Y0.29%
OM growth 5Y-0.84%
PM growth 3Y-2.53%
PM growth 5Y-6.17%
GM growth 3Y-0.94%
GM growth 5Y-0.47%
F-Score6
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.09 | ||
| Debt/FCF | 565.81 | ||
| Debt/EBITDA | 6.42 | ||
| Cap/Depr | 135% | ||
| Cap/Sales | 42.27% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 65.79% | ||
| Profit Quality | 4.3% | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.41 | ||
| Altman-Z | 0.86 |
F-Score6
WACC7.02%
ROIC/WACC0.44
Cap/Depr(3y)145.7%
Cap/Depr(5y)104.48%
Cap/Sales(3y)46.5%
Cap/Sales(5y)33.64%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-13.79%
EPS 3Y-1.2%
EPS 5Y-2.73%
EPS Q2Q%-42.86%
EPS Next Y73.78%
EPS Next 2Y3.76%
EPS Next 3Y6.53%
EPS Next 5Y7.99%
Revenue 1Y (TTM)4.18%
Revenue growth 3Y4.88%
Revenue growth 5Y2.07%
Sales Q2Q%2.13%
Revenue Next Year4.36%
Revenue Next 2Y2.65%
Revenue Next 3Y2.38%
Revenue Next 5Y1.84%
EBIT growth 1Y6.57%
EBIT growth 3Y5.18%
EBIT growth 5Y1.22%
EBIT Next Year98.32%
EBIT Next 3Y27.23%
EBIT Next 5Y20.38%
FCF growth 1Y102.09%
FCF growth 3Y2.72%
FCF growth 5Y9.65%
OCF growth 1Y-6%
OCF growth 3Y11.39%
OCF growth 5Y2.41%
RETAIL OPPORTUNITY INVESTMEN / ROIC FAQ
What is the ChartMill fundamental rating of RETAIL OPPORTUNITY INVESTMEN (ROIC) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ROIC.
What is the valuation status for ROIC stock?
ChartMill assigns a valuation rating of 2 / 10 to RETAIL OPPORTUNITY INVESTMEN (ROIC). This can be considered as Overvalued.
What is the profitability of ROIC stock?
RETAIL OPPORTUNITY INVESTMEN (ROIC) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for ROIC stock?
The Price/Earnings (PE) ratio for RETAIL OPPORTUNITY INVESTMEN (ROIC) is 69.96 and the Price/Book (PB) ratio is 1.72.
Is the dividend of RETAIL OPPORTUNITY INVESTMEN sustainable?
The dividend rating of RETAIL OPPORTUNITY INVESTMEN (ROIC) is 3 / 10 and the dividend payout ratio is 131.94%.