Federal Realty Investment Trust
Find Ratings ReportsFEDERAL REALTY INVESTMENT TR's gross profit margin for the fourth quarter of its fiscal year 2023 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased.
During the same period, stockholders' equity ("net worth") has remained unchanged from the same quarter last year.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 293.1 | 280.93 |
EBITDA ($mil) | 0.0 | 0.0 |
EBIT ($mil) | 101.89 | 92.21 |
Net Income ($mil) | 64.1 | 115.69 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 260.0 | 96.35 |
Total Assets ($mil) | 8436.51 | 8233.99 |
Total Debt ($mil) | 4687.72 | 4474.8 |
Equity ($mil) | 2963.51 | 2954.01 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 39.23 | 37.66 |
EBITDA Margin | 0.0 | 0.0 |
Operating Margin | 34.76 | 32.82 |
Sales Turnover | 0.14 | 0.13 |
Return on Assets | 2.8 | 4.68 |
Return on Equity | 7.73 | 12.78 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.0 | 0.0 |
Debt/Capital | 0.61 | 0.6 |
Interest Expense | 48.42 | 43.06 |
Interest Coverage | 2.1 | 2.14 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 82.78 | 81.34 |
Div / share | 1.09 | 1.08 |
EPS | 0.76 | 1.4 |
Book value / share | 35.8 | 36.32 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 671657.0 | 659932.0 |
BUY. This stock's P/E ratio indicates a significant discount compared to an average of 49.19 for the Real Estate subsector and a premium compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 2.77 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 6.43. The price-to-sales ratio is well above the S&P 500 average, but well below the subsector average. Upon assessment of these and other key valuation criteria, FEDERAL REALTY INVESTMENT TR proves to trade at a discount to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRT 35.48 | Peers 49.19 | FRT 14.79 | Peers 18.58 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. FRT is trading at a significant discount to its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. FRT is trading at a discount to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
FRT 30.47 | Peers 40.04 | FRT 7.65 | Peers 5.86 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. FRT is trading at a discount to its peers. |
Premium. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. FRT trades at a significant premium to its peers. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
FRT 2.77 | Peers 6.43 | FRT -40.05 | Peers -7.55 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. FRT is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, FRT is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
FRT 7.21 | Peers 7.79 | FRT 5.56 | Peers 11.68 | |||||||||||||||||||||
Average. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. FRT is trading at a valuation on par with its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. FRT significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||