STORE CAPITAL CORP (STOR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:STOR - US8621211007 - REIT
32.21 USD
0 (0%)
32.22 USD
+0.01 (+0.03%)
Taking everything into account, STOR scores 4 out of 10 in our fundamental rating. STOR was compared to 128 industry peers in the Diversified REITs industry. STOR has a medium profitability rating, but doesn't score so well on its financial health evaluation. STOR is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
STOR had positive earnings in the past year.
In the past year STOR had a positive cash flow from operations.
1.2 Ratios
The Return On Assets of STOR (3.05%) is better than 64.86% of its industry peers.
Looking at the Return On Equity, with a value of 6.00%, STOR is in line with its industry, outperforming 60.00% of the companies in the same industry.
With a decent Return On Invested Capital value of 3.88%, STOR is doing good in the industry, outperforming 76.22% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for STOR is in line with the industry average of 3.05%.
The last Return On Invested Capital (3.88%) for STOR is above the 3 year average (3.62%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 6% | ||
| ROIC | 3.88% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)3.62%
ROIC(5y)N/A
1.3 Margins
STOR has a better Profit Margin (36.21%) than 78.92% of its industry peers.
STOR's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 56.56%, STOR belongs to the top of the industry, outperforming 94.05% of the companies in the same industry.
In the last couple of years the Operating Margin of STOR has declined.
Looking at the Gross Margin, with a value of 98.30%, STOR belongs to the top of the industry, outperforming 98.38% of the companies in the same industry.
STOR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 56.56% | ||
| PM (TTM) | 36.21% | ||
| GM | 98.3% |
OM growth 3Y-2.49%
OM growth 5Y-1.76%
PM growth 3Y-5.13%
PM growth 5Y0.94%
GM growth 3Y-0.52%
GM growth 5Y-0.26%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so STOR is destroying value.
STOR has more shares outstanding than it did 1 year ago.
Compared to 1 year ago, STOR has a worse debt to assets ratio.
2.2 Solvency
STOR has an Altman-Z score of 1.18. This is a bad value and indicates that STOR is not financially healthy and even has some risk of bankruptcy.
STOR has a better Altman-Z score (1.18) than 71.89% of its industry peers.
STOR has a Debt/Equity ratio of 0.91. This is a neutral value indicating STOR is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.91, STOR is doing good in the industry, outperforming 60.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.18 |
ROIC/WACC0.5
WACC7.77%
2.3 Liquidity
STOR has a Current Ratio of 0.15. This is a bad value and indicates that STOR is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of STOR (0.15) is worse than 91.35% of its industry peers.
A Quick Ratio of 0.15 indicates that STOR may have some problems paying its short term obligations.
STOR has a worse Quick ratio (0.15) than 89.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 |
3. Growth
3.1 Past
STOR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 30.77%, which is quite impressive.
Measured over the past 5 years, STOR shows a small growth in Earnings Per Share. The EPS has been growing by 3.30% on average per year.
Looking at the last year, STOR shows a quite strong growth in Revenue. The Revenue has grown by 18.66% in the last year.
Measured over the past years, STOR shows a quite strong growth in Revenue. The Revenue has been growing by 15.77% on average per year.
EPS 1Y (TTM)30.77%
EPS 3Y-1.92%
EPS 5Y3.3%
EPS Q2Q%-3.57%
Revenue 1Y (TTM)18.66%
Revenue growth 3Y13.11%
Revenue growth 5Y15.77%
Sales Q2Q%15.78%
3.2 Future
Based on estimates for the next years, STOR will show a small growth in Earnings Per Share. The EPS will grow by 4.47% on average per year.
Based on estimates for the next years, STOR will show a quite strong growth in Revenue. The Revenue will grow by 13.06% on average per year.
EPS Next Y21.09%
EPS Next 2Y8.84%
EPS Next 3Y7.56%
EPS Next 5Y4.47%
Revenue Next Year16.47%
Revenue Next 2Y11.8%
Revenue Next 3Y9.82%
Revenue Next 5Y13.06%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
STOR is valuated quite expensively with a Price/Earnings ratio of 27.07.
Compared to the rest of the industry, the Price/Earnings ratio of STOR indicates a somewhat cheap valuation: STOR is cheaper than 65.95% of the companies listed in the same industry.
STOR is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.56, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 27.19, the valuation of STOR can be described as expensive.
STOR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. STOR is cheaper than 79.46% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of STOR to the average of the S&P500 Index (23.79), we can say STOR is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.07 | ||
| Fwd PE | 27.19 |
4.2 Price Multiples
STOR's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.41 |
4.3 Compensation for Growth
STOR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.28
PEG (5Y)8.19
EPS Next 2Y8.84%
EPS Next 3Y7.56%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.10%, STOR is a good candidate for dividend investing.
STOR's Dividend Yield is a higher than the industry average which is at 6.20.
Compared to an average S&P500 Dividend Yield of 1.87, STOR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.1% |
5.2 History
The dividend of STOR has a limited annual growth rate of 5.75%.
STOR has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)5.75%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
STOR pays out 133.45% of its income as dividend. This is not a sustainable payout ratio.
The dividend of STOR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP133.45%
EPS Next 2Y8.84%
EPS Next 3Y7.56%
32.21
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change0%
Ins Owners0.53%
Ins Owner Change0%
Market Cap9.11B
Revenue(TTM)885.68M
Net Income(TTM)320.71M
Analysts54.12
Price Target32.3 (0.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.1% |
Yearly Dividend1.49
Dividend Growth(5Y)5.75%
DP133.45%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.66%
Min EPS beat(2)-5.46%
Max EPS beat(2)14.78%
EPS beat(4)3
Avg EPS beat(4)9.41%
Min EPS beat(4)-5.46%
Max EPS beat(4)20.66%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)6.91%
Min Revenue beat(2)6.25%
Max Revenue beat(2)7.56%
Revenue beat(4)4
Avg Revenue beat(4)8.39%
Min Revenue beat(4)6.25%
Max Revenue beat(4)10.76%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.48%
PT rev (3m)2.81%
EPS NQ rev (1m)-0.71%
EPS NQ rev (3m)-0.71%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.24%
Revenue NQ rev (1m)0.72%
Revenue NQ rev (3m)0.72%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.07 | ||
| Fwd PE | 27.19 | ||
| P/S | 10.28 | ||
| P/FCF | N/A | ||
| P/OCF | 13.59 | ||
| P/B | 1.7 | ||
| P/tB | 1.7 | ||
| EV/EBITDA | 17.41 |
EPS(TTM)1.19
EY3.69%
EPS(NY)1.18
Fwd EY3.68%
FCF(TTM)-3.02
FCFYN/A
OCF(TTM)2.37
OCFY7.36%
SpS3.13
BVpS18.91
TBVpS18.91
PEG (NY)1.28
PEG (5Y)8.19
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 6% | ||
| ROCE | N/A | ||
| ROIC | 3.88% | ||
| ROICexc | 3.9% | ||
| ROICexgc | 3.96% | ||
| OM | 56.56% | ||
| PM (TTM) | 36.21% | ||
| GM | 98.3% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)3.62%
ROIC(5y)N/A
ROICexc(3y)3.58%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-0.5%
ROICexgc growth 5Y-0.7%
ROICexc growth 3Y-0.58%
ROICexc growth 5Y-0.69%
OM growth 3Y-2.49%
OM growth 5Y-1.76%
PM growth 3Y-5.13%
PM growth 5Y0.94%
GM growth 3Y-0.52%
GM growth 5Y-0.26%
F-Score7
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.07 | ||
| Cap/Depr | 511.87% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 | ||
| Altman-Z | 1.18 |
F-Score7
WACC7.77%
ROIC/WACC0.5
Cap/Depr(3y)516.79%
Cap/Depr(5y)654.4%
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)30.77%
EPS 3Y-1.92%
EPS 5Y3.3%
EPS Q2Q%-3.57%
EPS Next Y21.09%
EPS Next 2Y8.84%
EPS Next 3Y7.56%
EPS Next 5Y4.47%
Revenue 1Y (TTM)18.66%
Revenue growth 3Y13.11%
Revenue growth 5Y15.77%
Sales Q2Q%15.78%
Revenue Next Year16.47%
Revenue Next 2Y11.8%
Revenue Next 3Y9.82%
Revenue Next 5Y13.06%
EBIT growth 1Y27.04%
EBIT growth 3Y10.3%
EBIT growth 5Y13.74%
EBIT Next Year103.06%
EBIT Next 3Y35.52%
EBIT Next 5Y28.17%
FCF growth 1Y-49.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y59.04%
OCF growth 3Y14.2%
OCF growth 5Y18.82%
STORE CAPITAL CORP / STOR FAQ
What is the ChartMill fundamental rating of STORE CAPITAL CORP (STOR) stock?
ChartMill assigns a fundamental rating of 4 / 10 to STOR.
What is the valuation status for STOR stock?
ChartMill assigns a valuation rating of 3 / 10 to STORE CAPITAL CORP (STOR). This can be considered as Overvalued.
How profitable is STORE CAPITAL CORP (STOR) stock?
STORE CAPITAL CORP (STOR) has a profitability rating of 3 / 10.
What is the earnings growth outlook for STORE CAPITAL CORP?
The Earnings per Share (EPS) of STORE CAPITAL CORP (STOR) is expected to grow by 21.09% in the next year.
How sustainable is the dividend of STORE CAPITAL CORP (STOR) stock?
The dividend rating of STORE CAPITAL CORP (STOR) is 6 / 10 and the dividend payout ratio is 133.45%.