NYSE:SRC (USA) Also trade in: Germany

Spirit Realty Capital Inc

$ 42.74 -0.31 (-0.72%)
Volume: 904,694 Avg Vol (1m): 1,287,654
Market Cap $: 4.22 Bil Enterprise Value $: 6.48 Bil
P/E (TTM): 26.07 P/B: 1.39
Earnings Power Value -22.9
Net Current Asset Value -26.65
Tangible Book 24.98
Projected FCF 61.44
Median P/S Value 36.03
Graham Number 30.35
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
YTD (-%)

Financial Strength : 5/10

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.
Current vs industry vs history
Equity-to-Asset 0.55
Equity-to-Asset ranked higher than
65.58% of 642 companies
in the REIT - Diversified industry.
Industry Max: 1.15, Med: 0.52, Min: -0.31
SRC: 0.55
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.16, Med: 0.44, Max: 0.84
Current: 0.55
0.16
0.84
Debt-to-Equity 0.75
Debt-to-Equity ranked higher than
62.32% of 613 companies
in the REIT - Diversified industry.
Industry Max: 131.44, Med: 0.81, Min: 0.01
SRC: 0.75
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0.16, Med: 1.2, Max: 5.19
Current: 0.75
0.16
5.19
Debt-to-EBITDA 5.52
Debt-to-EBITDA ranked higher than
72.20% of 608 companies
in the REIT - Diversified industry.
Industry Max: 403.53, Med: 5.75, Min: 0.02
SRC: 5.52
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: 3.55, Med: 8.93, Max: 12.53
Current: 5.52
3.55
12.53
Interest Coverage 4.55
Interest Coverage ranked lower than
73.13% of 614 companies
in the REIT - Diversified industry.
Industry Max: 13686.28, Med: 3.35, Min: 0.05
SRC: 4.55
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 0.7, Med: 1.26, Max: 4.55
Current: 4.55
0.7
4.55
Piotroski F-Score 8
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 0.69
DISTRESS
GREY
SAFE
Beneish M-Score -2.53
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 4.17%
WACC 5.32%

Profitability & Growth : 6/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 48.28
Operating Margin ranked lower than
56.15% of 618 companies
in the REIT - Diversified industry.
Industry Max: 26100, Med: 50.42, Min: -1947.83
SRC: 48.28
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: 40.03, Med: 47.53, Max: 54.42
Current: 48.28
40.03
54.42
Net Margin % 31.91
Net Margin ranked lower than
77.04% of 649 companies
in the REIT - Diversified industry.
Industry Max: 26300, Med: 43.99, Min: -2682.72
SRC: 31.91
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: -43.73, Med: -3.26, Max: 31.91
Current: 31.91
-43.73
31.91
ROE % 4.69
ROE ranked lower than
82.49% of 651 companies
in the REIT - Diversified industry.
Industry Max: 480.34, Med: 7.39, Min: -1081.35
SRC: 4.69
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: -29.33, Med: -0.64, Max: 4.69
Current: 4.69
-29.33
4.69
ROA % 2.64
ROA ranked lower than
82.16% of 656 companies
in the REIT - Diversified industry.
Industry Max: 58.17, Med: 3.68, Min: -33.9
SRC: 2.64
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: -8.59, Med: -0.26, Max: 2.64
Current: 2.64
-8.59
2.64
ROC (Joel Greenblatt) % 309.73
ROC (Joel Greenblatt) ranked lower than
68.53% of 537 companies
in the REIT - Diversified industry.
Industry Max: 2782285.71, Med: 123.8, Min: -2047.95
SRC: 309.73
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: 7.46, Med: 155.2, Max: 805.44
Current: 309.73
7.46
805.44
3-Year Total Revenue Growth Rate -12.60
3-Year Revenue Growth Rate ranked lower than
74.64% of 560 companies
in the REIT - Diversified industry.
Industry Max: 260.2, Med: 2.2, Min: -100
SRC: -12.6
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -34.5, Med: -15.2, Max: 236.4
Current: -12.6
-34.5
236.4
3-Year Total EBITDA Growth Rate -4.40
3-Year EBITDA Growth Rate ranked lower than
71.83% of 504 companies
in the REIT - Diversified industry.
Industry Max: 792.4, Med: 2.9, Min: -229.9
SRC: -4.4
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: 0, Med: -9.6, Max: 177.9
Current: -4.4
0
177.9
3-Year EPS w/o NRI Growth Rate 78.20
3-Year EPS w/o NRI Growth Rate ranked lower than
100.00% of 475 companies
in the REIT - Diversified industry.
Industry Max: 517.1, Med: 5.6, Min: -150.2
SRC: 78.2
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
3-Year EPS w/o NRI Growth Rate range over the past 10 years
Min: 0, Med: 0, Max: 78.2
Current: 78.2
0
78.2

» SRC's 30-Y Financials

Financials (Next Earnings Date: 2019-08-08)

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Business Description

Industry REITs » REIT - Diversified    NAICS : 531190    SIC : 6798
Compare NYSE:CIM NYSE:OUT TSE:8955 NYSE:MFA JSE:RDF ASX:CHC LSE:UTG SGX:RW0U NYSE:CUZ TSE:3279 NYSE:PSB XBRU:COFB HKSE:87001 TSE:8972 TSE:8963 LSE:GPOR TSE:8984 NAS:PCH NYSE:BXMT NYSE:CLNY
Traded in other countries 21S1.Germany
Address 2727 North Harwood Street, Suite 300, Dallas, TX, USA, 75201
Spirit Realty Capital Inc is a real estate investment trust primarily involved in leasing properties throughout the U.S. Spirit Realty's core business is acquiring real estate through sale-leaseback transactions in which a tenant will sell their property to Spirit and then lease that same property back from Spirit through a prearranged, long-term agreement. Spirit generates nearly all of its revenue in the form of rental income derived from leasing assets in its real estate portfolio. The vast majority of this portfolio is composed of retail properties. General merchandise companies, casual dining chains, and quick service restaurant chains represent significant amounts of Spirit's rental income. The company's real estate assets are fairly evenly distributed throughout the U.S.

Ratios

Current vs industry vs history
PE Ratio (TTM) 27.93
PE Ratio ranked lower than
91.64% of 586 companies
in the REIT - Diversified industry.
Industry Max: 570, Med: 15.5, Min: 0.01
SRC: 27.93
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 24.46, Med: 46.08, Max: 99999999.99
Current: 27.93
24.46
99999999.99
PE Ratio without NRI 26.07
PE without NRI ranked lower than
97.76% of 581 companies
in the REIT - Diversified industry.
Industry Max: 570, Med: 15.6, Min: 0.01
SRC: 26.07
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 22.58, Med: 61.72, Max: 158.07
Current: 26.07
22.58
158.07
Price-to-Owner-Earnings 16.34
Price-to-Owner-Earnings ranked lower than
77.74% of 328 companies
in the REIT - Diversified industry.
Industry Max: 1320, Med: 14.08, Min: 0.85
SRC: 16.34
Ranked among companies with meaningful Price-to-Owner-Earnings only.
Price-to-Owner-Earnings range over the past 10 years
Min: 10.84, Med: 109.96, Max: 687.02
Current: 16.34
10.84
687.02
PB Ratio 1.39
PB Ratio ranked lower than
68.28% of 640 companies
in the REIT - Diversified industry.
Industry Max: 273.33, Med: 1.1, Min: 0.04
SRC: 1.39
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 0.87, Med: 1.22, Max: 1.57
Current: 1.39
0.87
1.57
PS Ratio 8.04
PS Ratio ranked higher than
62.70% of 614 companies
in the REIT - Diversified industry.
Industry Max: 211.74, Med: 7.55, Min: 0.01
SRC: 8.04
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 1.8, Med: 6.79, Max: 11.96
Current: 8.04
1.8
11.96
Price-to-Free-Cash-Flow 11.62
Price-to-Free-Cash-Flow ranked higher than
75.14% of 366 companies
in the REIT - Diversified industry.
Industry Max: 2530, Med: 18.09, Min: 0.07
SRC: 11.62
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
Price-to-Free-Cash-Flow range over the past 10 years
Min: 6.99, Med: 11.48, Max: 26.57
Current: 11.62
6.99
26.57
Price-to-Operating-Cash-Flow 11.62
Price-to-Operating-Cash-Flow ranked higher than
73.75% of 560 companies
in the REIT - Diversified industry.
Industry Max: 435, Med: 14.62, Min: 0.07
SRC: 11.62
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 5.02, Med: 11.48, Max: 26.57
Current: 11.62
5.02
26.57
EV-to-EBIT 31.93
EV-to-EBIT ranked lower than
66.72% of 589 companies
in the REIT - Diversified industry.
Industry Max: 1419.39, Med: 19.79, Min: 0.12
SRC: 31.93
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: 5.3, Med: 41.7, Max: 104.5
Current: 31.93
5.3
104.5
EV-to-EBITDA 17.04
EV-to-EBITDA ranked higher than
68.05% of 601 companies
in the REIT - Diversified industry.
Industry Max: 1267.57, Med: 15.96, Min: 0.12
SRC: 17.04
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: 1.9, Med: 17.6, Max: 27.1
Current: 17.04
1.9
27.1
EV-to-Revenue 14.27
EV-to-Revenue ranked higher than
74.46% of 650 companies
in the REIT - Diversified industry.
Industry Max: 4424, Med: 12.62, Min: 0.19
SRC: 14.27
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 1.3, Med: 13.5, Max: 24.3
Current: 14.27
1.3
24.3
Current Ratio 1.82
Current Ratio ranked lower than
100.00% of 611 companies
in the REIT - Diversified industry.
Industry Max: 450.08, Med: 1.11, Min: 0.04
SRC: 1.82
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 0.08, Med: 2.15, Max: 8.34
Current: 1.82
0.08
8.34
Quick Ratio 1.07
Quick Ratio ranked lower than
100.00% of 611 companies
in the REIT - Diversified industry.
Industry Max: 450.08, Med: 1.01, Min: 0.02
SRC: 1.07
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.08, Med: 1.75, Max: 8.34
Current: 1.07
0.08
8.34
Days Inventory 678.91
Days Inventory ranked lower than
100.00% of 93 companies
in the REIT - Diversified industry.
Industry Max: 870.66, Med: 43.83, Min: 0.07
SRC: 678.91
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 331.72, Med: 695.86, Max: 1543.45
Current: 678.91
331.72
1543.45
Days Payable 2.00
Days Payable ranked lower than
100.00% of 488 companies
in the REIT - Diversified industry.
Industry Max: 12948.81, Med: 118.18, Min: 0.14
SRC: 2
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 2, Med: 1966.13, Max: 3149.25
Current: 2
2
3149.25

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 6.48
Trailing Dividend Yield ranked higher than
85.28% of 978 companies
in the REIT - Diversified industry.
Industry Max: 543.81, Med: 5.3, Min: 0.13
SRC: 6.48
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 1.84, Med: 7.16, Max: 11
Current: 6.48
1.84
11
Dividend Payout Ratio 1.66
Dividend Payout Ratio ranked lower than
94.71% of 700 companies
in the REIT - Diversified industry.
Industry Max: 63.97, Med: 1.03, Min: 0.01
SRC: 1.66
Ranked among companies with meaningful Dividend Payout Ratio only.
Dividend Payout Ratio range over the past 10 years
Min: 1.66, Med: 10.38, Max: 12.28
Current: 1.66
1.66
12.28
3-Year Dividend Growth Rate (Per Share) -3.80
3-Year Dividend Growth Rate ranked lower than
62.39% of 436 companies
in the REIT - Diversified industry.
Industry Max: 180.2, Med: 4.4, Min: -100
SRC: -3.8
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
3-Year Dividend Growth Rate range over the past 10 years
Min: 0, Med: 0, Max: 57.7
Current: -3.8
0
57.7
Forward Dividend Yield % 5.81
Forward Dividend Yield ranked higher than
80.66% of 977 companies
in the REIT - Diversified industry.
Industry Max: 572.61, Med: 5.84, Min: 0.06
SRC: 5.81
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 6.58
Yield-on-Cost (5y) ranked higher than
97.44% of 976 companies
in the REIT - Diversified industry.
Industry Max: 693.19, Med: 6.09, Min: 0.13
SRC: 6.58
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 1.87, Med: 7.27, Max: 11.17
Current: 6.58
1.87
11.17
3-Year Share Buyback Rate 0.70
3-Year Share Buyback Rate ranked higher than
59.96% of 507 companies
in the REIT - Diversified industry.
Industry Max: 32.1, Med: -4.9, Min: -581.1
SRC: 0.7
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -102.9, Med: -9.3, Max: 36.1
Current: 0.7
-102.9
36.1

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 1.71
Price-to-Tangible-Book ranked lower than
77.46% of 630 companies
in the REIT - Diversified industry.
Industry Max: 273.33, Med: 1.12, Min: 0.05
SRC: 1.71
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 1.09, Med: 1.49, Max: 1.91
Current: 1.71
1.09
1.91
Price-to-Projected-FCF 0.70
Price-to-Intrinsic-Value-Projected-FCF ranked lower than
72.48% of 298 companies
in the REIT - Diversified industry.
Industry Max: 51.01, Med: 1.09, Min: 0.14
SRC: 0.7
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
Price-to-Intrinsic-Value-Projected-FCF range over the past 10 years
Min: 0.58, Med: 1, Max: 11.67
Current: 0.7
0.58
11.67
Price-to-Median-PS-Value 1.19
Price-to-Median-PS-Value ranked higher than
50.60% of 500 companies
in the REIT - Diversified industry.
Industry Max: 85.77, Med: 1.04, Min: 0.04
SRC: 1.19
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.27, Med: 1.01, Max: 1.73
Current: 1.19
0.27
1.73
Price-to-Graham-Number 1.41
Price-to-Graham-Number ranked lower than
95.34% of 515 companies
in the REIT - Diversified industry.
Industry Max: 24.57, Med: 0.88, Min: 0.07
SRC: 1.41
Ranked among companies with meaningful Price-to-Graham-Number only.
Price-to-Graham-Number range over the past 10 years
Min: 1.2, Med: 2.11, Max: 3.17
Current: 1.41
1.2
3.17
Earnings Yield (Joel Greenblatt) % 3.12
Earnings Yield (Greenblatt) ranked lower than
62.48% of 629 companies
in the REIT - Diversified industry.
Industry Max: 833.33, Med: 4.84, Min: -142.86
SRC: 3.12
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: 1, Med: 2.4, Max: 18.8
Current: 3.12
1
18.8
Forward Rate of Return (Yacktman) % 2.64
Forward Rate of Return ranked lower than
78.81% of 387 companies
in the REIT - Diversified industry.
Industry Max: 59.14, Med: 4.17, Min: -195.16
SRC: 2.64
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: -28.8, Med: 1.9, Max: 25.2
Current: 2.64
-28.8
25.2

More Statistics

Revenue (TTM) (Mil) $ 454.18
EPS (TTM) $ 1.53
Beta 0.53
Volatility % 18.82
52-Week Range $ 33.86 - 43.2
Shares Outstanding (Mil) 98.84

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 8
Positive ROA Y
Positive CFROA Y
Higher ROA yoy Y
CFROA > ROA Y
Lower Leverage yoy Y
Higher Current Ratio yoy N
Less Shares Outstanding yoy Y
Higher Gross Margin yoy Y
Higher Asset Turnover yoy Y