SABRA HEALTH CARE REIT INC (SBRA) Stock Fundamental Analysis
USA - NASDAQ:SBRA - US78573L1061 - REIT
18.34 USD
+0.26 (+1.44%)
18.34 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to SBRA. SBRA was compared to 127 industry peers in the Diversified REITs industry. SBRA has an average financial health and profitability rating. SBRA is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make SBRA suitable for growth investing!
1. Profitability
1.1 Basic Checks
SBRA had positive earnings in the past year.
SBRA had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: SBRA reported negative net income in multiple years.
In the past 5 years SBRA always reported a positive cash flow from operatings.
1.2 Ratios
SBRA has a Return On Assets of 3.42%. This is amongst the best in the industry. SBRA outperforms 80.31% of its industry peers.
Looking at the Return On Equity, with a value of 6.72%, SBRA is in the better half of the industry, outperforming 77.95% of the companies in the same industry.
SBRA's Return On Invested Capital of 4.11% is fine compared to the rest of the industry. SBRA outperforms 76.38% of its industry peers.
SBRA had an Average Return On Invested Capital over the past 3 years of 3.52%. This is in line with the industry average of 3.04%.
The last Return On Invested Capital (4.11%) for SBRA is above the 3 year average (3.52%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.42% | ||
| ROE | 6.72% | ||
| ROIC | 4.11% |
ROA(3y)0.43%
ROA(5y)0.34%
ROE(3y)0.86%
ROE(5y)0.66%
ROIC(3y)3.52%
ROIC(5y)3.4%
1.3 Margins
SBRA has a better Profit Margin (24.87%) than 77.17% of its industry peers.
In the last couple of years the Profit Margin of SBRA has grown nicely.
SBRA has a Operating Margin of 37.04%. This is in the better half of the industry: SBRA outperforms 78.74% of its industry peers.
In the last couple of years the Operating Margin of SBRA has declined.
SBRA has a Gross Margin of 69.46%. This is comparable to the rest of the industry: SBRA outperforms 57.48% of its industry peers.
SBRA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.04% | ||
| PM (TTM) | 24.87% | ||
| GM | 69.46% |
OM growth 3Y-0.95%
OM growth 5Y-4.46%
PM growth 3YN/A
PM growth 5Y9.21%
GM growth 3Y-4.03%
GM growth 5Y-3.89%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SBRA is destroying value.
The number of shares outstanding for SBRA has been increased compared to 1 year ago.
The number of shares outstanding for SBRA has been increased compared to 5 years ago.
Compared to 1 year ago, SBRA has a worse debt to assets ratio.
2.2 Solvency
SBRA has an Altman-Z score of 0.83. This is a bad value and indicates that SBRA is not financially healthy and even has some risk of bankruptcy.
SBRA's Altman-Z score of 0.83 is fine compared to the rest of the industry. SBRA outperforms 68.50% of its industry peers.
SBRA has a debt to FCF ratio of 13.98. This is a negative value and a sign of low solvency as SBRA would need 13.98 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 13.98, SBRA belongs to the best of the industry, outperforming 85.04% of the companies in the same industry.
SBRA has a Debt/Equity ratio of 0.91. This is a neutral value indicating SBRA is somewhat dependend on debt financing.
SBRA has a better Debt to Equity ratio (0.91) than 64.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 13.98 | ||
| Altman-Z | 0.83 |
ROIC/WACC0.61
WACC6.79%
2.3 Liquidity
A Current Ratio of 2.15 indicates that SBRA has no problem at all paying its short term obligations.
SBRA has a Current ratio of 2.15. This is amongst the best in the industry. SBRA outperforms 83.46% of its industry peers.
SBRA has a Quick Ratio of 2.15. This indicates that SBRA is financially healthy and has no problem in meeting its short term obligations.
SBRA has a better Quick ratio (2.15) than 83.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.15 | ||
| Quick Ratio | 2.15 |
3. Growth
3.1 Past
SBRA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 261.90%, which is quite impressive.
SBRA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.28% yearly.
SBRA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.75%.
SBRA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.41% yearly.
EPS 1Y (TTM)261.9%
EPS 3YN/A
EPS 5Y9.28%
EPS Q2Q%170%
Revenue 1Y (TTM)9.75%
Revenue growth 3Y7.31%
Revenue growth 5Y3.41%
Sales Q2Q%7.39%
3.2 Future
The Earnings Per Share is expected to grow by 16.42% on average over the next years. This is quite good.
SBRA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.62% yearly.
EPS Next Y48.74%
EPS Next 2Y23.08%
EPS Next 3Y16.42%
EPS Next 5YN/A
Revenue Next Year7.52%
Revenue Next 2Y8.19%
Revenue Next 3Y9%
Revenue Next 5Y9.62%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.13, which indicates a rather expensive current valuation of SBRA.
Based on the Price/Earnings ratio, SBRA is valued a bit cheaper than 77.95% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.89, SBRA is valued at the same level.
Based on the Price/Forward Earnings ratio of 22.84, the valuation of SBRA can be described as rather expensive.
88.19% of the companies in the same industry are more expensive than SBRA, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.99. SBRA is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.13 | ||
| Fwd PE | 22.84 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SBRA is on the same level as its industry peers.
SBRA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SBRA is cheaper than 74.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.79 | ||
| EV/EBITDA | 15.15 |
4.3 Compensation for Growth
SBRA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SBRA has a very decent profitability rating, which may justify a higher PE ratio.
SBRA's earnings are expected to grow with 16.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.5
PEG (5Y)2.6
EPS Next 2Y23.08%
EPS Next 3Y16.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.59%, SBRA is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.15, SBRA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, SBRA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.59% |
5.2 History
The dividend of SBRA decreases each year by -7.34%.
SBRA has been paying a dividend for at least 10 years, so it has a reliable track record.
SBRA has decreased its dividend recently.
Dividend Growth(5Y)-7.34%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
155.77% of the earnings are spent on dividend by SBRA. This is not a sustainable payout ratio.
DP155.77%
EPS Next 2Y23.08%
EPS Next 3Y16.42%
18.34
+0.26 (+1.44%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners100.95%
Inst Owner Change0.31%
Ins Owners1.03%
Ins Owner Change3.51%
Market Cap4.40B
Revenue(TTM)733.04M
Net Income(TTM)182.33M
Analysts76
Price Target20.96 (14.29%)
Short Float %8.01%
Short Ratio7.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.59% |
Yearly Dividend1.2
Dividend Growth(5Y)-7.34%
DP155.77%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)23.71%
Min EPS beat(2)-3.84%
Max EPS beat(2)51.26%
EPS beat(4)2
Avg EPS beat(4)10.7%
Min EPS beat(4)-18.65%
Max EPS beat(4)51.26%
EPS beat(8)2
Avg EPS beat(8)-26.88%
EPS beat(12)2
Avg EPS beat(12)-82.02%
EPS beat(16)3
Avg EPS beat(16)-80.22%
Revenue beat(2)2
Avg Revenue beat(2)1.82%
Min Revenue beat(2)0.88%
Max Revenue beat(2)2.77%
Revenue beat(4)4
Avg Revenue beat(4)1.34%
Min Revenue beat(4)0.46%
Max Revenue beat(4)2.77%
Revenue beat(8)7
Avg Revenue beat(8)1.58%
Revenue beat(12)8
Avg Revenue beat(12)0.39%
Revenue beat(16)9
Avg Revenue beat(16)-1.26%
PT rev (1m)0%
PT rev (3m)3.67%
EPS NQ rev (1m)1.59%
EPS NQ rev (3m)2.54%
EPS NY rev (1m)3.97%
EPS NY rev (3m)9.63%
Revenue NQ rev (1m)0.89%
Revenue NQ rev (3m)1.02%
Revenue NY rev (1m)0.82%
Revenue NY rev (3m)1.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.13 | ||
| Fwd PE | 22.84 | ||
| P/S | 6 | ||
| P/FCF | 24.79 | ||
| P/OCF | 12.98 | ||
| P/B | 1.62 | ||
| P/tB | 1.64 | ||
| EV/EBITDA | 15.15 |
EPS(TTM)0.76
EY4.14%
EPS(NY)0.8
Fwd EY4.38%
FCF(TTM)0.74
FCFY4.03%
OCF(TTM)1.41
OCFY7.7%
SpS3.06
BVpS11.31
TBVpS11.2
PEG (NY)0.5
PEG (5Y)2.6
Graham Number13.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.42% | ||
| ROE | 6.72% | ||
| ROCE | 5.21% | ||
| ROIC | 4.11% | ||
| ROICexc | 4.19% | ||
| ROICexgc | 4.21% | ||
| OM | 37.04% | ||
| PM (TTM) | 24.87% | ||
| GM | 69.46% | ||
| FCFM | 24.2% |
ROA(3y)0.43%
ROA(5y)0.34%
ROE(3y)0.86%
ROE(5y)0.66%
ROIC(3y)3.52%
ROIC(5y)3.4%
ROICexc(3y)3.55%
ROICexc(5y)3.44%
ROICexgc(3y)3.57%
ROICexgc(5y)3.46%
ROCE(3y)4.45%
ROCE(5y)4.3%
ROICexgc growth 3Y10.05%
ROICexgc growth 5Y1.42%
ROICexc growth 3Y10.2%
ROICexc growth 5Y1.69%
OM growth 3Y-0.95%
OM growth 5Y-4.46%
PM growth 3YN/A
PM growth 5Y9.21%
GM growth 3Y-4.03%
GM growth 5Y-3.89%
F-Score6
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 13.98 | ||
| Debt/EBITDA | 5.59 | ||
| Cap/Depr | 93.8% | ||
| Cap/Sales | 22.02% | ||
| Interest Coverage | 2.61 | ||
| Cash Conversion | 76.37% | ||
| Profit Quality | 97.3% | ||
| Current Ratio | 2.15 | ||
| Quick Ratio | 2.15 | ||
| Altman-Z | 0.83 |
F-Score6
WACC6.79%
ROIC/WACC0.61
Cap/Depr(3y)57.48%
Cap/Depr(5y)56.11%
Cap/Sales(3y)15.43%
Cap/Sales(5y)15.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)261.9%
EPS 3YN/A
EPS 5Y9.28%
EPS Q2Q%170%
EPS Next Y48.74%
EPS Next 2Y23.08%
EPS Next 3Y16.42%
EPS Next 5YN/A
Revenue 1Y (TTM)9.75%
Revenue growth 3Y7.31%
Revenue growth 5Y3.41%
Sales Q2Q%7.39%
Revenue Next Year7.52%
Revenue Next 2Y8.19%
Revenue Next 3Y9%
Revenue Next 5Y9.62%
EBIT growth 1Y14.09%
EBIT growth 3Y6.29%
EBIT growth 5Y-1.21%
EBIT Next Year83.79%
EBIT Next 3Y27.39%
EBIT Next 5Y19.52%
FCF growth 1Y-12.79%
FCF growth 3Y-12.17%
FCF growth 5Y-11.54%
OCF growth 1Y7.68%
OCF growth 3Y-4.49%
OCF growth 5Y-3.57%
SABRA HEALTH CARE REIT INC / SBRA FAQ
What is the ChartMill fundamental rating of SABRA HEALTH CARE REIT INC (SBRA) stock?
ChartMill assigns a fundamental rating of 6 / 10 to SBRA.
What is the valuation status for SBRA stock?
ChartMill assigns a valuation rating of 5 / 10 to SABRA HEALTH CARE REIT INC (SBRA). This can be considered as Fairly Valued.
How profitable is SABRA HEALTH CARE REIT INC (SBRA) stock?
SABRA HEALTH CARE REIT INC (SBRA) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for SBRA stock?
The Price/Earnings (PE) ratio for SABRA HEALTH CARE REIT INC (SBRA) is 24.13 and the Price/Book (PB) ratio is 1.62.
Can you provide the financial health for SBRA stock?
The financial health rating of SABRA HEALTH CARE REIT INC (SBRA) is 6 / 10.