Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.04
SRC's Cash to Debt is ranked higher than
63% of the 924 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.05 vs. SRC: 0.04 )
SRC' s 10-Year Cash to Debt Range
Min: 0.02   Max: No Debt
Current: 0.04

Equity to Asset 0.41
SRC's Equity to Asset is ranked higher than
60% of the 981 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.47 vs. SRC: 0.41 )
SRC' s 10-Year Equity to Asset Range
Min: 0.16   Max: 1
Current: 0.41

0.16
1
Interest Coverage 0.07
SRC's Interest Coverage is ranked lower than
59% of the 771 Companies
in the Global REIT - Diversified industry.

( Industry Median: 2.71 vs. SRC: 0.07 )
SRC' s 10-Year Interest Coverage Range
Min: 0.07   Max: 9999.99
Current: 0.07

0.07
9999.99
F-Score: 4
Z-Score: 0.64
M-Score: -2.55
WACC vs ROIC
2.98%
0.22%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

vs
industry
vs
history
Operating margin (%) 2.69
SRC's Operating margin (%) is ranked lower than
54% of the 985 Companies
in the Global REIT - Diversified industry.

( Industry Median: 44.32 vs. SRC: 2.69 )
SRC' s 10-Year Operating margin (%) Range
Min: -20.35   Max: 67.79
Current: 2.69

-20.35
67.79
Net-margin (%) -5.61
SRC's Net-margin (%) is ranked lower than
53% of the 986 Companies
in the Global REIT - Diversified industry.

( Industry Median: 36.50 vs. SRC: -5.61 )
SRC' s 10-Year Net-margin (%) Range
Min: -404.9   Max: 36.16
Current: -5.61

-404.9
36.16
ROE (%) -1.06
SRC's ROE (%) is ranked lower than
51% of the 992 Companies
in the Global REIT - Diversified industry.

( Industry Median: 7.02 vs. SRC: -1.06 )
SRC' s 10-Year ROE (%) Range
Min: -11.44   Max: 6.6
Current: -1.06

-11.44
6.6
ROA (%) -0.45
SRC's ROA (%) is ranked lower than
52% of the 999 Companies
in the Global REIT - Diversified industry.

( Industry Median: 3.18 vs. SRC: -0.45 )
SRC' s 10-Year ROA (%) Range
Min: -2.77   Max: 2.42
Current: -0.45

-2.77
2.42
ROC (Joel Greenblatt) (%) 0.26
SRC's ROC (Joel Greenblatt) (%) is ranked lower than
52% of the 882 Companies
in the Global REIT - Diversified industry.

( Industry Median: 7.85 vs. SRC: 0.26 )
SRC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -2.08   Max: 7.27
Current: 0.26

-2.08
7.27
Revenue Growth (3Y)(%) -34.50
SRC's Revenue Growth (3Y)(%) is ranked lower than
52% of the 757 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.80 vs. SRC: -34.50 )
SRC' s 10-Year Revenue Growth (3Y)(%) Range
Min: -34.6   Max: 232.2
Current: -34.5

-34.6
232.2
EBITDA Growth (3Y)(%) -38.80
SRC's EBITDA Growth (3Y)(%) is ranked lower than
51% of the 673 Companies
in the Global REIT - Diversified industry.

( Industry Median: 2.30 vs. SRC: -38.80 )
SRC' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0   Max: 163.2
Current: -38.8

0
163.2
» SRC's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2014

SRC Guru Trades in Q1 2014

Manning & Napier Advisors, Inc 386,869 sh (New)
Jim Simons 497,400 sh (New)
Louis Moore Bacon 50,000 sh (New)
John Keeley 5,216,640 sh (+0.84%)
Steven Cohen Sold Out
Jeremy Grantham Sold Out
» More
Q2 2014

SRC Guru Trades in Q2 2014

Jim Simons 4,305,100 sh (+765.52%)
Steven Cohen 311,200 sh (unchged)
Louis Moore Bacon Sold Out
Manning & Napier Advisors, Inc 365,106 sh (-5.63%)
John Keeley 4,867,003 sh (-6.70%)
» More
Q3 2014

SRC Guru Trades in Q3 2014

Manning & Napier Advisors, Inc Sold Out
Steven Cohen Sold Out
John Keeley 4,802,153 sh (-1.33%)
Jim Simons 1,198,100 sh (-72.17%)
» More
Q4 2014

SRC Guru Trades in Q4 2014

Paul Tudor Jones 30,343 sh (New)
Jim Simons 2,376,300 sh (+98.34%)
John Keeley 4,741,421 sh (-1.26%)
» More
» Details

Insider Trades

Latest Guru Trades with SRC

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
Forward P/E 59.17
SRC's Forward P/E is ranked higher than
56% of the 1216 Companies
in the Global REIT - Diversified industry.

( Industry Median: 46.73 vs. SRC: 59.17 )
N/A
P/B 1.40
SRC's P/B is ranked higher than
61% of the 1216 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.47 vs. SRC: 1.40 )
SRC' s 10-Year P/B Range
Min: 1   Max: 1.66
Current: 1.4

1
1.66
P/S 7.60
SRC's P/S is ranked higher than
61% of the 1216 Companies
in the Global REIT - Diversified industry.

( Industry Median: 8.70 vs. SRC: 7.60 )
SRC' s 10-Year P/S Range
Min: 1.91   Max: 8.24
Current: 7.6

1.91
8.24
POCF 20.70
SRC's POCF is ranked higher than
69% of the 1216 Companies
in the Global REIT - Diversified industry.

( Industry Median: 19.50 vs. SRC: 20.70 )
SRC' s 10-Year POCF Range
Min: 5.63   Max: 28.8
Current: 20.7

5.63
28.8
EV-to-EBIT 557.25
SRC's EV-to-EBIT is ranked higher than
58% of the 1216 Companies
in the Global REIT - Diversified industry.

( Industry Median: 36.93 vs. SRC: 557.25 )
SRC' s 10-Year EV-to-EBIT Range
Min: -712.7   Max: 2184.7
Current: 557.25

-712.7
2184.7
Current Ratio 4.20
SRC's Current Ratio is ranked higher than
95% of the 924 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.82 vs. SRC: 4.20 )
SRC' s 10-Year Current Ratio Range
Min: 0.09   Max: 4.71
Current: 4.2

0.09
4.71
Quick Ratio 4.20
SRC's Quick Ratio is ranked higher than
95% of the 924 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.76 vs. SRC: 4.20 )
SRC' s 10-Year Quick Ratio Range
Min: 0.09   Max: 4.71
Current: 4.2

0.09
4.71
Days Sales Outstanding 66.25
SRC's Days Sales Outstanding is ranked higher than
67% of the 1216 Companies
in the Global REIT - Diversified industry.

( Industry Median: 49.86 vs. SRC: 66.25 )
SRC' s 10-Year Days Sales Outstanding Range
Min: 66.25   Max: 260.66
Current: 66.25

66.25
260.66

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 5.70
SRC's Dividend Yield is ranked higher than
73% of the 997 Companies
in the Global REIT - Diversified industry.

( Industry Median: 4.27 vs. SRC: 5.70 )
SRC' s 10-Year Dividend Yield Range
Min: 1.65   Max: 7.49
Current: 5.7

1.65
7.49
Dividend Payout 4.35
SRC's Dividend Payout is ranked higher than
57% of the 1216 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.52 vs. SRC: 4.35 )
SRC' s 10-Year Dividend Payout Range
Min: 0   Max: 0
Current: 4.35

Yield on cost (5-Year) 5.70
SRC's Yield on cost (5-Year) is ranked higher than
66% of the 1001 Companies
in the Global REIT - Diversified industry.

( Industry Median: 4.52 vs. SRC: 5.70 )
SRC' s 10-Year Yield on cost (5-Year) Range
Min: 1.65   Max: 7.49
Current: 5.7

1.65
7.49
Share Buyback Rate -98.80
SRC's Share Buyback Rate is ranked lower than
52% of the 663 Companies
in the Global REIT - Diversified industry.

( Industry Median: -6.30 vs. SRC: -98.80 )
SRC' s 10-Year Share Buyback Rate Range
Min: 27.4   Max: -159
Current: -98.8

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.93
SRC's Price/Tangible Book is ranked higher than
62% of the 1216 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.60 vs. SRC: 1.93 )
SRC' s 10-Year Price/Tangible Book Range
Min: 1.21   Max: 13.82
Current: 1.93

1.21
13.82
Price/DCF (Projected) 32.78
SRC's Price/DCF (Projected) is ranked higher than
76% of the 1216 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.00 vs. SRC: 32.78 )
SRC' s 10-Year Price/DCF (Projected) Range
Min: 33.03   Max: 33.03
Current: 32.78

Price/Median PS Value 1.27
SRC's Price/Median PS Value is ranked higher than
67% of the 1216 Companies
in the Global REIT - Diversified industry.

( Industry Median: 1.40 vs. SRC: 1.27 )
SRC' s 10-Year Price/Median PS Value Range
Min: 0.48   Max: 1.28
Current: 1.27

0.48
1.28
Earnings Yield (Greenblatt) 0.20
SRC's Earnings Yield (Greenblatt) is ranked lower than
56% of the 969 Companies
in the Global REIT - Diversified industry.

( Industry Median: 3.50 vs. SRC: 0.20 )
SRC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 0.5
Current: 0.2

0.2
0.5
Forward Rate of Return (Yacktman) -0.78
SRC's Forward Rate of Return (Yacktman) is ranked lower than
132% of the 569 Companies
in the Global REIT - Diversified industry.

( Industry Median: 0.01 vs. SRC: -0.78 )
SRC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -39.1   Max: -6.3
Current: -0.78

-39.1
-6.3

Business Description

Industry: REITs » REIT - Diversified
Compare:IVR, WSR, HRUFF, MFA, AMT » details
Spirit Realty Capital Inc is a Maryland corporation formed on September 29, 2004. The Company is a self-administered and self-managed real estate investment trust that mainly invests in single-tenant, operationally essential real estate throughout the United States that is leased on a long-term, triple-net basis mainly to tenants engaged in retail, service, and distribution industries. Single-tenant, operationally essential real estate consists of properties that are generally free-standing, commercial real estate facilities where the Company's tenants conduct retail, distribution, or service activities that are essential to the generation of their sales and profits. Under a triple-net lease the tenant is responsible for all improvements and is contractually obligated to pay all property operating expenses, such as insurance, real estate taxes, and repair and maintenance costs. In support of its primary business of owning and leasing real estate, the Company has also strategically originated or acquired long-term, commercial mortgage and equipment loans to provide financing solutions to its tenants. The Company faces competition for acquisitions of real property from investors, including traded and non-traded public REITs, private equity investors and institutional investment funds, some of which have greater financial resources than the Company. The Company's properties are subject to various covenants, laws, ordinances and regulations, including regulations relating to common areas and fire and safety requirements.
» More Articles for SRC

Headlines

Articles On GuruFocus.com
Update On American Realty Capital Properties Dec 25 2014 
Top 5 Stocks from TPG-Axon Mar 21 2013 

More From Other Websites
SPIRIT REALTY CAPITAL, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement,... Apr 15 2015
Spirit Realty Capital, Inc. Closes 23 Million Share Common Stock Offering Apr 14 2015
Spirit Realty Capital, Inc. Closes 23 Million Share Common Stock Offering Apr 14 2015
Spirit Realty Capital, Inc. Prices 20 Million Shares of Common Stock in Public Offering Apr 09 2015
Spirit Realty Capital, Inc. Prices 20 Million Shares of Common Stock in Public Offering Apr 09 2015
Spirit Realty Capital (SRC) Stock Falls in After-Hours Trading After Announcing Public Offering Apr 08 2015
SPIRIT REALTY CAPITAL, INC. Files SEC form 8-K, Other Events Apr 08 2015
Spirit Realty Capital, Inc. Commences Public Offering of 20 Million Shares of Common Stock Apr 08 2015
Spirit Realty Capital, Inc. Commences Public Offering of 20 Million Shares of Common Stock Apr 08 2015
Spirit Realty Capital, Inc. to Participate in Morgan Stanley Triple Net REIT Summit Apr 06 2015
Spirit Realty Capital, Inc. Announces Date for Its 2015 First Quarter Financial Results Release and... Apr 06 2015
Spirit Realty Capital, Inc. Announces Date for Its 2015 First Quarter Financial Results Release and... Apr 06 2015
Spirit Realty Capital, Inc. to Participate in Morgan Stanley Triple Net REIT Summit Apr 06 2015
SPIRIT REALTY CAPITAL, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement,... Apr 02 2015
Spirit Realty Capital Announces Expanded $600 Million Unsecured Credit Facility Apr 01 2015
Spirit Realty Capital Announces Expanded $600 Million Unsecured Credit Facility Apr 01 2015
SPIRIT REALTY CAPITAL, INC. Files SEC form 8-K, Change in Directors or Principal Officers,... Mar 27 2015
Spirit Realty Capital, Inc. Expands Executive Leadership Team; Appoints Phil Joseph as Chief... Mar 26 2015
Spirit Realty Capital, Inc. Expands Executive Leadership Team; Appoints Phil Joseph as Chief... Mar 26 2015
Coverage initiated on Spirit Realty Capital by Robert W. Baird Mar 24 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK