SITE CENTERS CORP (SITC)
US82981J8514 - REIT
Overall SITC gets a fundamental rating of 6 out of 10. We evaluated SITC against 129 industry peers in the Diversified REITs industry. SITC has an excellent profitability rating, but there are some minor concerns on its financial health. SITC has a correct valuation and a medium growth rate. SITC also has an excellent dividend rating. These ratings could make SITC a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
SITC had positive earnings in the past year.
SITC had a positive operating cash flow in the past year.
SITC had positive earnings in each of the past 5 years.
SITC 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 22.20%, SITC belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
SITC's Return On Equity of 26.17% is amongst the best of the industry. SITC outperforms 97.64% of its industry peers.
SITC has a better Return On Invested Capital (3.37%) than 67.72% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SITC is in line with the industry average of 3.08%.
The 3 year average ROIC (2.71%) for SITC is below the current ROIC(3.37%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.2% | ||
| ROE | 26.17% | ||
| ROIC | 3.37% |
ROA(3y)4.27%
ROA(5y)2.93%
ROE(3y)8.13%
ROE(5y)5.64%
ROIC(3y)2.71%
ROIC(5y)2.63%
1.3 Margins
Looking at the Profit Margin, with a value of 120.66%, SITC belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
SITC's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 21.89%, SITC is in line with its industry, outperforming 50.39% of the companies in the same industry.
In the last couple of years the Operating Margin of SITC has declined.
Looking at the Gross Margin, with a value of 69.31%, SITC is in line with its industry, outperforming 53.54% of the companies in the same industry.
SITC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.89% | ||
| PM (TTM) | 120.66% | ||
| GM | 69.31% |
OM growth 3Y0.16%
OM growth 5Y-4.48%
PM growth 3Y142.53%
PM growth 5Y32.73%
GM growth 3Y-0.13%
GM growth 5Y-0.26%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SITC is destroying value.
The number of shares outstanding for SITC has been reduced compared to 1 year ago.
The number of shares outstanding for SITC has been reduced compared to 5 years ago.
Compared to 1 year ago, SITC has an improved debt to assets ratio.
2.2 Solvency
SITC has an Altman-Z score of 0.19. This is a bad value and indicates that SITC is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.19, SITC is doing worse than 73.23% of the companies in the same industry.
A Debt/Equity ratio of 0.11 indicates that SITC is not too dependend on debt financing.
SITC's Debt to Equity ratio of 0.11 is amongst the best of the industry. SITC outperforms 99.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.19 |
ROIC/WACC0.59
WACC5.72%
2.3 Liquidity
A Current Ratio of 6.32 indicates that SITC has no problem at all paying its short term obligations.
SITC's Current ratio of 6.32 is amongst the best of the industry. SITC outperforms 95.28% of its industry peers.
SITC has a Quick Ratio of 6.32. This indicates that SITC is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 6.32, SITC belongs to the top of the industry, outperforming 95.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.32 | ||
| Quick Ratio | 6.32 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 733.54% over the past year.
Measured over the past years, SITC shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.99% on average per year.
Looking at the last year, SITC shows a small growth in Revenue. The Revenue has grown by 2.71% in the last year.
The Revenue has been decreasing by -5.04% on average over the past years.
EPS 1Y (TTM)733.54%
EPS 3Y147.3%
EPS 5Y22.99%
EPS Q2Q%589.77%
Revenue 1Y (TTM)2.71%
Revenue growth 3Y5.87%
Revenue growth 5Y-5.04%
Sales Q2Q%-36.57%
3.2 Future
Based on estimates for the next years, SITC will show a very negative growth in Earnings Per Share. The EPS will decrease by -63.68% on average per year.
SITC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.39% yearly.
EPS Next Y-16.33%
EPS Next 2Y-46.83%
EPS Next 3Y-31.17%
EPS Next 5Y-63.68%
Revenue Next Year-25.35%
Revenue Next 2Y-29.85%
Revenue Next 3Y-22.76%
Revenue Next 5Y5.39%
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SITC is valuated cheaply with a Price/Earnings ratio of 1.18.
99.21% of the companies in the same industry are more expensive than SITC, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.96, SITC is valued rather cheaply.
The Forward Price/Earnings Ratio is negative for SITC. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.18 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SITC indicates a rather cheap valuation: SITC is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 0.29 |
4.3 Compensation for Growth
The decent profitability rating of SITC may justify a higher PE ratio.
A cheap valuation may be justified as SITC's earnings are expected to decrease with -31.17% in the coming years.
PEG (NY)N/A
PEG (5Y)0.05
EPS Next 2Y-46.83%
EPS Next 3Y-31.17%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 13.20%, SITC is a good candidate for dividend investing.
In the last 3 months the price of SITC has falen by -73.59%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
SITC's Dividend Yield is rather good when compared to the industry average which is at 6.55. SITC pays more dividend than 96.06% of the companies in the same industry.
SITC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.2% |
5.2 History
On average, the dividend of SITC grows each year by 8.32%, which is quite nice.
SITC has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.32%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
22.20% of the earnings are spent on dividend by SITC. This is a low number and sustainable payout ratio.
DP22.2%
EPS Next 2Y-46.83%
EPS Next 3Y-31.17%
SITE CENTERS CORP
NYSE:SITC (11/21/2024, 8:04:00 PM)
After market: 16.16 0 (0%)16.16
+0.04 (+0.25%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap847.27M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.2% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.18 | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.2% | ||
| ROE | 26.17% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 21.89% | ||
| PM (TTM) | 120.66% | ||
| GM | 69.31% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 6.32 | ||
| Quick Ratio | 6.32 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)733.54%
EPS 3Y147.3%
EPS 5Y
EPS Q2Q%
EPS Next Y-16.33%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.71%
Revenue growth 3Y5.87%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y