Descripción de la empresa
EPR Properties operates as the leading diversified experiential net lease real estate investment trust, with a primary focus on acquiring and managing select enduring experiential properties within the real estate sector. The company specializes in real estate venues designed to facilitate out-of-home leisure and recreation experiences, positioning itself as a REIT - Specialty within the broader Real Estate industry. This specific industry classification indicates that the firm targets niche property types that are essential for consumer entertainment rather than standard commercial or residential real estate. In terms of scale, the company holds a market capitalization of $3.73B and generates annual revenue (TTM) of $713.96M, supported by a workforce of 54 employees. The combination of a $3.73B market cap and $713.96M in revenue suggests that EPR Properties commands a significant position within its specialized segment, leveraging its asset portfolio to generate substantial economic activity despite a relatively lean operational footprint.
Salud financiera
The company reported a revenue of $713.96M and net income of $250.79M for the trailing twelve months, with EBITDA reaching $549.88M. The substantial gap between the $713.96M revenue figure and the $250.79M net income reveals a highly efficient cost structure, where operating expenses and depreciation are absorbed while maintaining high profitability margins. The free cash flow stands at $332.53M, which signifies a strong capacity for the company to fund internal growth initiatives, service debt obligations, or return capital to shareholders without external financing. Margins are exceptionally robust, with a gross margin of 91.7%, an operating margin of 52.9%, and a profit margin of 38.5%, indicating that the business model generates high value from each dollar of sales before accounting for financing costs. Regarding liquidity and leverage, the company holds $90.77M in cash against $3.13B in total debt, resulting in a debt-to-equity ratio of 134.21%, which points to a highly leveraged balance sheet typical for REITs but requiring careful monitoring of interest rate environments. Short-term liquidity is supported by a current ratio of 1.62, suggesting that current assets are more than sufficient to cover current liabilities with a comfortable buffer. Finally, return on equity is 11.8% and return on assets is 4.2%, metrics that reveal management's effectiveness in utilizing shareholder capital and total assets to generate returns, with ROE indicating strong leverage usage relative to ROA.
Evaluación de valoración
Valuation metrics show a trailing P/E ratio of 14.85 and a forward P/E of 15.72, implying that the market expects a slight deceleration in earnings growth or a temporary increase in valuation multiples for the coming year. The price-to-book ratio is 1.59, which indicates that the stock trades at a premium of 59% over its book value, reflecting the market's confidence in the quality and earnings power of its asset base. Alternative valuation measures include a price-to-sales ratio of 5.22 and an EV/EBITDA of 12.32, suggesting that investors value the company based on its ability to generate cash flow relative to enterprise value rather than just earnings per share. The stock has traded between a 52-week low of $41.75 and a 52-week high of $62.08, and without the current price explicitly listed in the provided facts, the relative position can only be described by the established trading range boundaries defined by these extremes. The beta value of 0.96 indicates that the stock's price volatility is roughly in line with the broader market, suggesting it does not exhibit excessive sensitivity to general market fluctuations compared to higher-beta assets.
Growth & Income
Revenue growth stands at 3.9% year-over-year, while earnings growth is listed as N/A, indicating that the data for year-over-year earnings expansion is not currently disclosed or available in the provided facts. The absence of a specific earnings growth figure prevents a direct comparison of whether earnings are growing faster or slower than revenue, but the stable revenue growth suggests a steady operational environment. For dividend payers, the company offers a dividend yield of 7.3% with a payout ratio of 107.3%, a metric that suggests the company is paying out more in dividends than its reported net income, which often implies reliance on non-cash income items or capital appreciation to sustain the yield. Given the payout ratio exceeding 100%, the sustainability of this dividend is dependent on the company's ability to maintain cash flow and asset appreciation rather than solely on reported earnings growth. The overall growth and income profile is characterized by moderate revenue expansion paired with a high dividend yield, presenting a capital appreciation and income return dynamic typical of mature net lease REITs.