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VEREIT, Inc. (VER)
Key financial summary
Financials in USD| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 1,556 | 1,455 | 1,252 | 1,258 | 1,237 | 1,161 | 1,160 |
| Operating profit | $m | 525 | 389 | |||||
| Net profit | $m | -316 | -196 | 32 | -86 | -300 | 201 | 222 |
| EPS reported | $ | 0.92 | 0.97 | |||||
| Operating cashflow per share | $ | 3.21 | 3.21 | |||||
| Capex per share | $ | 0.13 | 0.13 | |||||
| FCF per share | $ | 3.08 | 3.08 | |||||
| Free cash flow | $m | 671 | 720 | |||||
| Net debt | $m | 5,599 | 5,660 | |||||
| Book value equity | $m | 6,804 | 6,296 | |||||
| Book value per share | $ | 31.23 | 27.35 | |||||
| Number of shares | m | 217.86 | 230.18 | |||||
| DPS (TTM paid) | $ | 1.55 | 0.00 |
Financial summary
Financials in USD| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 41.08 | - | |||||
| P/B LTM | x | 1.21 | 1.84 | |||||
| P/S LTM | x | 7.09 | 9.98 | |||||
| P/FCF LTM | x | 12.27 | 16.08 | |||||
| EV/EBITDA LTM | x | 14.71 | 18.64 | |||||
| EV/Sales LTM | x | 11.91 | 14.86 | |||||
| Earnings Yield LTM | % | 2.43% | 1.81% | |||||
| FCF Yield | % | 8.15% | 6.22% | |||||
| Quality | ||||||||
| ROE | % | 2.96% | 2.95% | |||||
| ROIC | % | 3.91% | 3.91% | |||||
| Operating margin | % | 45.21% | 45.21% | |||||
| Gross margin | % | 89.41% | 89.41% | |||||
| FCF/Sales | % | 57.78% | 57.78% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | -34.01% | |||||
| Sales Growth YoY | % | -6.13% | -1.58% | |||||
| Net Income Growth YoY | % | - | -28.31% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | +6.59% | -27.92% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 4.10% | 0.00% | |||||
| Dividend Growth | % | -43.64% | - | |||||
| Payout Ratio | % | 167.89% | 0.00% | |||||
| FCF/Debt | x | 0.11 | 0.12 | |||||
| Net Debt/EBITDA | x | 5.95 | 5.95 | |||||
| EBIT/Net interest | x | 1.98 | 1.98 | |||||
| Net debt/market cap | % | 68.00% | 48.89% | |||||
| Net debt/Equity | x | 0.82 | 0.90 | |||||
| Gross debt/equity | x | 0.90 | 0.93 | |||||
Company overview
VEREIT functions as an integrated real estate operating company, possessing and overseeing one of the United States' most expansive collections of commercial properties, each leased to a single tenant. The company's real estate assets are valued at $14.6 billion, encompassing roughly 3,800 properties and a total area of 88.9 million square feet. VEREIT's operational approach centers on furnishing equity capital to financially sound corporations, acquiring long-term leases on their properties in return. This Maryland-based entity is publicly traded, with its stock listed on the New York Stock Exchange. To comply with its disclosure duties under Regulation FD and to release material nonpublic information, VEREIT presently utilizes, and intends to keep utilizing, its Investor Relations website, accessible at www.VEREIT.com.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
VEREIT, Inc. (VER)
VEREIT functions as an integrated real estate operating company, possessing and overseeing one of the United States' most expansive collections of commercial properties, each leased to a single tenant. The company's real estate assets are valued at $14.6 billion, encompassing roughly 3,800 properties and a total area of 88.9 million square feet. VEREIT's operational approach centers on furnishing equity capital to financially sound corporations, acquiring long-term leases on their properties in return. This Maryland-based entity is publicly traded, with its stock listed on the New York Stock Exchange. To comply with its disclosure duties under Regulation FD and to release material nonpublic information, VEREIT presently utilizes, and intends to keep utilizing, its Investor Relations website, accessible at www.VEREIT.com.
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