UDR INC (UDR) Stock Fundamental Analysis
NYSE:UDR - New York Stock Exchange, Inc. - US9026531049 - REIT - Currency: USD
UDR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 20 industry peers in the Residential REITs industry. UDR has a medium profitability rating, but doesn't score so well on its financial health evaluation. UDR is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year UDR was profitable.
In the past year UDR had a positive cash flow from operations.
Each year in the past 5 years UDR has been profitable.
In the past 5 years UDR always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.78%, UDR is in line with its industry, outperforming 60.00% of the companies in the same industry.
UDR has a Return On Equity (2.46%) which is comparable to the rest of the industry.
UDR has a Return On Invested Capital of 2.21%. This is comparable to the rest of the industry: UDR outperforms 45.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for UDR is in line with the industry average of 2.75%.
The last Return On Invested Capital (2.21%) for UDR is above the 3 year average (2.04%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 2.46% | ||
| ROIC | 2.21% |
ROA(3y)1.8%
ROA(5y)1.47%
ROE(3y)5.16%
ROE(5y)4.32%
ROIC(3y)2.04%
ROIC(5y)1.66%
1.3 Margins
With a Profit Margin value of 5.07%, UDR perfoms like the industry average, outperforming 55.00% of the companies in the same industry.
UDR's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 16.92%, UDR perfoms like the industry average, outperforming 45.00% of the companies in the same industry.
In the last couple of years the Operating Margin of UDR has declined.
UDR has a better Gross Margin (65.38%) than 90.00% of its industry peers.
UDR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.92% | ||
| PM (TTM) | 5.07% | ||
| GM | 65.38% |
OM growth 3Y17.2%
OM growth 5Y-2.06%
PM growth 3Y-23.44%
PM growth 5Y-20.24%
GM growth 3Y0.34%
GM growth 5Y-0.92%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UDR is destroying value.
UDR has less shares outstanding than it did 1 year ago.
UDR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, UDR has a worse debt to assets ratio.
2.2 Solvency
UDR has an Altman-Z score of 0.79. This is a bad value and indicates that UDR is not financially healthy and even has some risk of bankruptcy.
UDR has a worse Altman-Z score (0.79) than 60.00% of its industry peers.
UDR has a debt to FCF ratio of 10.84. This is a negative value and a sign of low solvency as UDR would need 10.84 years to pay back of all of its debts.
UDR has a better Debt to FCF ratio (10.84) than 85.00% of its industry peers.
UDR has a Debt/Equity ratio of 1.64. This is a high value indicating a heavy dependency on external financing.
UDR's Debt to Equity ratio of 1.64 is on the low side compared to the rest of the industry. UDR is outperformed by 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | 10.84 | ||
| Altman-Z | 0.79 |
ROIC/WACC0.31
WACC7.11%
2.3 Liquidity
UDR has a Current Ratio of 0.00. This is a bad value and indicates that UDR is not financially healthy enough and could expect problems in meeting its short term obligations.
UDR has a Current ratio of 0.00. This is amonst the worse of the industry: UDR underperforms 95.00% of its industry peers.
A Quick Ratio of 0.00 indicates that UDR may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.00, UDR is doing worse than 95.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0 | ||
| Quick Ratio | 0 |
3. Growth
3.1 Past
The earnings per share for UDR have decreased strongly by -81.06% in the last year.
The earnings per share for UDR have been decreasing by -16.61% on average. This is quite bad
The Revenue has been growing slightly by 2.72% in the past year.
Measured over the past years, UDR shows a small growth in Revenue. The Revenue has been growing by 7.73% on average per year.
EPS 1Y (TTM)-81.06%
EPS 3Y-19.54%
EPS 5Y-16.61%
EPS Q2Q%-120%
Revenue 1Y (TTM)2.72%
Revenue growth 3Y9.01%
Revenue growth 5Y7.73%
Sales Q2Q%2.32%
3.2 Future
The Earnings Per Share is expected to grow by 49.38% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 4.22% on average over the next years.
EPS Next Y111.43%
EPS Next 2Y57.27%
EPS Next 3Y49.38%
EPS Next 5YN/A
Revenue Next Year0.54%
Revenue Next 2Y3.31%
Revenue Next 3Y3.49%
Revenue Next 5Y4.22%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 180.72, which means the current valuation is very expensive for UDR.
Compared to the rest of the industry, the Price/Earnings ratio of UDR indicates a slightly more expensive valuation: UDR is more expensive than 60.00% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of UDR to the average of the S&P500 Index (29.71), we can say UDR is valued expensively.
A Price/Forward Earnings ratio of 85.48 indicates a quite expensive valuation of UDR.
Based on the Price/Forward Earnings ratio, UDR is valued a bit more expensive than 60.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of UDR to the average of the S&P500 Index (22.34), we can say UDR is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 180.72 | ||
| Fwd PE | 85.48 |
4.2 Price Multiples
60.00% of the companies in the same industry are cheaper than UDR, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of UDR indicates a rather cheap valuation: UDR is cheaper than 85.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.8 | ||
| EV/EBITDA | 20.94 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as UDR's earnings are expected to grow with 49.38% in the coming years.
PEG (NY)1.62
PEG (5Y)N/A
EPS Next 2Y57.27%
EPS Next 3Y49.38%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.83%, UDR has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.06, UDR pays a bit more dividend than its industry peers.
UDR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
5.2 History
The dividend of UDR has a limited annual growth rate of 4.23%.
UDR has paid a dividend for at least 10 years, which is a reliable track record.
UDR has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.23%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
UDR pays out 664.70% of its income as dividend. This is not a sustainable payout ratio.
UDR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP664.7%
EPS Next 2Y57.27%
EPS Next 3Y49.38%
45.18
-0.21 (-0.46%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners103.29%
Inst Owner Change1.15%
Ins Owners0.48%
Ins Owner Change-0.9%
Market Cap14.95B
Analysts71.43
Price Target46.92 (3.85%)
Short Float %1.69%
Short Ratio2.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
Yearly Dividend1.67
Dividend Growth(5Y)4.23%
DP664.7%
Div Incr Years14
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-85.91%
Min EPS beat(2)-130.25%
Max EPS beat(2)-41.57%
EPS beat(4)1
Avg EPS beat(4)-40.07%
Min EPS beat(4)-130.25%
Max EPS beat(4)27.44%
EPS beat(8)2
Avg EPS beat(8)70.51%
EPS beat(12)4
Avg EPS beat(12)41.95%
EPS beat(16)8
Avg EPS beat(16)132.04%
Revenue beat(2)0
Avg Revenue beat(2)-1.02%
Min Revenue beat(2)-1.02%
Max Revenue beat(2)-1.02%
Revenue beat(4)0
Avg Revenue beat(4)-0.93%
Min Revenue beat(4)-1.18%
Max Revenue beat(4)-0.5%
Revenue beat(8)0
Avg Revenue beat(8)-1.27%
Revenue beat(12)1
Avg Revenue beat(12)-0.91%
Revenue beat(16)4
Avg Revenue beat(16)-0.38%
PT rev (1m)0.31%
PT rev (3m)-1.39%
EPS NQ rev (1m)13.29%
EPS NQ rev (3m)39.22%
EPS NY rev (1m)5.19%
EPS NY rev (3m)9.98%
Revenue NQ rev (1m)-0.24%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)-0.35%
Revenue NY rev (3m)-0.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 180.72 | ||
| Fwd PE | 85.48 | ||
| P/S | 8.94 | ||
| P/FCF | 27.8 | ||
| P/OCF | 17.05 | ||
| P/B | 4.34 | ||
| P/tB | 4.34 | ||
| EV/EBITDA | 20.94 |
EPS(TTM)0.25
EY0.55%
EPS(NY)0.53
Fwd EY1.17%
FCF(TTM)1.62
FCFY3.6%
OCF(TTM)2.65
OCFY5.87%
SpS5.05
BVpS10.41
TBVpS10.41
PEG (NY)1.62
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 2.46% | ||
| ROCE | 2.88% | ||
| ROIC | 2.21% | ||
| ROICexc | 2.21% | ||
| ROICexgc | 2.25% | ||
| OM | 16.92% | ||
| PM (TTM) | 5.07% | ||
| GM | 65.38% | ||
| FCFM | 32.16% |
ROA(3y)1.8%
ROA(5y)1.47%
ROE(3y)5.16%
ROE(5y)4.32%
ROIC(3y)2.04%
ROIC(5y)1.66%
ROICexc(3y)2.04%
ROICexc(5y)1.66%
ROICexgc(3y)2.08%
ROICexgc(5y)1.7%
ROCE(3y)2.67%
ROCE(5y)2.17%
ROICexcg growth 3Y28%
ROICexcg growth 5Y3.06%
ROICexc growth 3Y28.08%
ROICexc growth 5Y3.08%
OM growth 3Y17.2%
OM growth 5Y-2.06%
PM growth 3Y-23.44%
PM growth 5Y-20.24%
GM growth 3Y0.34%
GM growth 5Y-0.92%
F-Score4
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | 10.84 | ||
| Debt/EBITDA | 5.77 | ||
| Cap/Depr | 48.78% | ||
| Cap/Sales | 20.29% | ||
| Interest Coverage | 1.47 | ||
| Cash Conversion | 89.62% | ||
| Profit Quality | 634.37% | ||
| Current Ratio | 0 | ||
| Quick Ratio | 0 | ||
| Altman-Z | 0.79 |
F-Score4
WACC7.11%
ROIC/WACC0.31
Cap/Depr(3y)77.75%
Cap/Depr(5y)120.71%
Cap/Sales(3y)33.77%
Cap/Sales(5y)56.24%
Profit Quality(3y)255.8%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-81.06%
EPS 3Y-19.54%
EPS 5Y-16.61%
EPS Q2Q%-120%
EPS Next Y111.43%
EPS Next 2Y57.27%
EPS Next 3Y49.38%
EPS Next 5YN/A
Revenue 1Y (TTM)2.72%
Revenue growth 3Y9.01%
Revenue growth 5Y7.73%
Sales Q2Q%2.32%
Revenue Next Year0.54%
Revenue Next 2Y3.31%
Revenue Next 3Y3.49%
Revenue Next 5Y4.22%
EBIT growth 1Y-1.42%
EBIT growth 3Y27.76%
EBIT growth 5Y5.51%
EBIT Next Year235.75%
EBIT Next 3Y56.56%
EBIT Next 5Y41.46%
FCF growth 1Y55.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y5.31%
OCF growth 3Y9.71%
OCF growth 5Y6.81%