UNIVERSAL HEALTH RLTY INCOME (UHT) Stock Fundamental Analysis
NYSE:UHT - New York Stock Exchange, Inc. - US91359E1055 - REIT - Currency: USD
We assign a fundamental rating of 5 out of 10 to UHT. UHT was compared to 130 industry peers in the Diversified REITs industry. UHT scores excellent on profitability, but there are concerns on its financial health. UHT does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
UHT had positive earnings in the past year.
UHT had a positive operating cash flow in the past year.
Each year in the past 5 years UHT has been profitable.
Each year in the past 5 years UHT had a positive operating cash flow.
1.2 Ratios
The Return On Assets of UHT (3.31%) is better than 80.77% of its industry peers.
With an excellent Return On Equity value of 10.71%, UHT belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
With an excellent Return On Invested Capital value of 5.20%, UHT belongs to the best of the industry, outperforming 91.54% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for UHT is in line with the industry average of 3.19%.
The 3 year average ROIC (4.57%) for UHT is below the current ROIC(5.20%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.31% | ||
| ROE | 10.71% | ||
| ROIC | 5.2% |
ROA(3y)3.12%
ROA(5y)6.31%
ROE(3y)9.2%
ROE(5y)17.24%
ROIC(3y)4.57%
ROIC(5y)4.42%
1.3 Margins
UHT has a better Profit Margin (19.43%) than 76.15% of its industry peers.
In the last couple of years the Profit Margin of UHT has declined.
UHT's Operating Margin of 37.18% is amongst the best of the industry. UHT outperforms 82.31% of its industry peers.
In the last couple of years the Operating Margin of UHT has grown nicely.
UHT has a better Gross Margin (70.39%) than 63.08% of its industry peers.
UHT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.18% | ||
| PM (TTM) | 19.43% | ||
| GM | 70.39% |
OM growth 3Y2.67%
OM growth 5Y2.18%
PM growth 3Y-46.89%
PM growth 5Y-4.59%
GM growth 3Y-0.77%
GM growth 5Y-0.44%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UHT is destroying value.
UHT has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, UHT has more shares outstanding
Compared to 1 year ago, UHT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.94, we must say that UHT is in the distress zone and has some risk of bankruptcy.
UHT has a better Altman-Z score (0.94) than 71.54% of its industry peers.
The Debt to FCF ratio of UHT is 9.73, which is on the high side as it means it would take UHT, 9.73 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of UHT (9.73) is better than 92.31% of its industry peers.
A Debt/Equity ratio of 2.05 is on the high side and indicates that UHT has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.05, UHT is doing worse than 74.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 9.73 | ||
| Altman-Z | 0.94 |
ROIC/WACC0.73
WACC7.13%
2.3 Liquidity
A Current Ratio of 1.01 indicates that UHT should not have too much problems paying its short term obligations.
With a Current ratio value of 1.01, UHT perfoms like the industry average, outperforming 54.62% of the companies in the same industry.
A Quick Ratio of 1.01 indicates that UHT should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.01, UHT is in line with its industry, outperforming 55.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.68% over the past year.
Measured over the past 5 years, UHT shows a small growth in Earnings Per Share. The EPS has been growing by 0.14% on average per year.
Looking at the last year, UHT shows a small growth in Revenue. The Revenue has grown by 3.60% in the last year.
Measured over the past years, UHT shows a small growth in Revenue. The Revenue has been growing by 5.11% on average per year.
EPS 1Y (TTM)24.68%
EPS 3Y-44.02%
EPS 5Y0.14%
EPS Q2Q%29.47%
Revenue 1Y (TTM)3.6%
Revenue growth 3Y5.55%
Revenue growth 5Y5.11%
Sales Q2Q%1.32%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
UHT is valuated quite expensively with a Price/Earnings ratio of 27.61.
Based on the Price/Earnings ratio, UHT is valued a bit cheaper than the industry average as 63.85% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 28.92. UHT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.61 | ||
| Fwd PE | N/A |
4.2 Price Multiples
UHT's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, UHT is valued a bit cheaper than 79.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.05 | ||
| EV/EBITDA | 13.9 |
4.3 Compensation for Growth
UHT has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)194.96
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
UHT has a Yearly Dividend Yield of 7.66%, which is a nice return.
Compared to an average industry Dividend Yield of 16.86, UHT pays a bit more dividend than its industry peers.
UHT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.66% |
5.2 History
The dividend of UHT has a limited annual growth rate of 1.42%.
UHT has been paying a dividend for at least 10 years, so it has a reliable track record.
UHT has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)1.42%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
210.01% of the earnings are spent on dividend by UHT. This is not a sustainable payout ratio.
UHT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP210.01%
EPS Next 2YN/A
EPS Next 3YN/A
38.38
-0.17 (-0.44%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners64.4%
Inst Owner Change0.37%
Ins Owners2.39%
Ins Owner Change0%
Market Cap531.56M
Analysts0
Price TargetN/A
Short Float %2.3%
Short Ratio4.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.66% |
Yearly Dividend2.92
Dividend Growth(5Y)1.42%
DP210.01%
Div Incr Years9
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.61 | ||
| Fwd PE | N/A | ||
| P/S | 5.37 | ||
| P/FCF | 14.05 | ||
| P/OCF | 11.33 | ||
| P/B | 2.96 | ||
| P/tB | 3.09 | ||
| EV/EBITDA | 13.9 |
EPS(TTM)1.39
EY3.62%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)2.73
FCFY7.12%
OCF(TTM)3.39
OCFY8.83%
SpS7.15
BVpS12.96
TBVpS12.43
PEG (NY)N/A
PEG (5Y)194.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.31% | ||
| ROE | 10.71% | ||
| ROCE | 6.59% | ||
| ROIC | 5.2% | ||
| ROICexc | 5.27% | ||
| ROICexgc | 5.34% | ||
| OM | 37.18% | ||
| PM (TTM) | 19.43% | ||
| GM | 70.39% | ||
| FCFM | 38.22% |
ROA(3y)3.12%
ROA(5y)6.31%
ROE(3y)9.2%
ROE(5y)17.24%
ROIC(3y)4.57%
ROIC(5y)4.42%
ROICexc(3y)4.63%
ROICexc(5y)4.5%
ROICexgc(3y)4.7%
ROICexgc(5y)4.58%
ROCE(3y)5.78%
ROCE(5y)5.6%
ROICexcg growth 3Y8.21%
ROICexcg growth 5Y3.2%
ROICexc growth 3Y8.39%
ROICexc growth 5Y3.59%
OM growth 3Y2.67%
OM growth 5Y2.18%
PM growth 3Y-46.89%
PM growth 5Y-4.59%
GM growth 3Y-0.77%
GM growth 5Y-0.44%
F-Score8
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 9.73 | ||
| Debt/EBITDA | 5.73 | ||
| Cap/Depr | 33.08% | ||
| Cap/Sales | 9.16% | ||
| Interest Coverage | 2.06 | ||
| Cash Conversion | 73.03% | ||
| Profit Quality | 196.73% | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 0.94 |
F-Score8
WACC7.13%
ROIC/WACC0.73
Cap/Depr(3y)85.92%
Cap/Depr(5y)97.22%
Cap/Sales(3y)24.92%
Cap/Sales(5y)29.89%
Profit Quality(3y)123.07%
Profit Quality(5y)91.17%
High Growth Momentum
Growth
EPS 1Y (TTM)24.68%
EPS 3Y-44.02%
EPS 5Y0.14%
EPS Q2Q%29.47%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.6%
Revenue growth 3Y5.55%
Revenue growth 5Y5.11%
Sales Q2Q%1.32%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y17.24%
EBIT growth 3Y8.37%
EBIT growth 5Y7.41%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y91.73%
FCF growth 3Y28.64%
FCF growth 5Y8.45%
OCF growth 1Y9.25%
OCF growth 3Y-0.57%
OCF growth 5Y1.92%