SERITAGE GROWTH PROPERTIES |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.32 USD | -1.27% |
|
-0.21% | -0.32% |
| Apr. 24 | Seritage Growth Properties Makes $50 Million Loan Prepayment | CI |
| Apr. 04 | Seritage Growth Properties Insider Sold Shares Worth $250,288, According to a Recent SEC Filing | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,153 | 1,476 | 567.3 | 579 | 662.9 | 525.3 |
| Enterprise Value (EV) 1 | 2,218 | 2,946 | 2,054 | 1,942 | 1,568 | 758.9 |
| P/E ratio | -14.7 x | -22.6 x | -5.11 x | -17 x | -7.44 x | -3.28 x |
| Yield | 3.09% | 0.62% | - | - | - | - |
| Capitalization / Revenue | 5.64 x | 9.8 x | 5.08 x | 5.39 x | 6.41 x | 28.5 x |
| EV / Revenue | 10.9 x | 19.6 x | 18.4 x | 18.1 x | 15.2 x | 41.2 x |
| EV / EBITDA | 22.8 x | 180 x | -381 x | -133 x | -162 x | -13.8 x |
| EV / FCF | 8.57 x | -13.7 x | 374 x | -22.1 x | -2.96 x | 2.09 x |
| FCF Yield | 11.7% | -7.28% | 0.27% | -4.52% | -33.8% | 47.9% |
| Price to Book | 1.48 x | 2.02 x | 0.88 x | 0.84 x | 0.92 x | 0.93 x |
| Nbr of stocks (in thousands) | 35,668 | 36,829 | 38,645 | 43,631 | 56,032 | 56,185 |
| Reference price 2 | 32.33 | 40.08 | 14.68 | 13.27 | 11.83 | 9.350 |
| Announcement Date | 3/1/19 | 3/2/20 | 3/15/21 | 3/16/22 | 3/14/23 | 4/1/24 |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 204.3 | 150.6 | 111.8 | 107.5 | 103.5 | 18.42 |
| EBITDA 1 | 97.34 | 16.35 | -5.391 | -14.58 | -9.656 | -54.8 |
| EBIT 1 | -72.16 | -73.82 | -91 | -65.95 | -50.99 | -69.45 |
| Operating Margin | -35.32% | -49% | -81.4% | -61.38% | -49.28% | -376.98% |
| Earnings before Tax (EBT) 1 | -114.6 | -90.41 | -152.7 | -38.79 | -119.6 | -154.9 |
| Net income 1 | -73.47 | -59.4 | -105 | -28.15 | -73.94 | -154.9 |
| Net margin | -35.96% | -39.43% | -93.96% | -26.2% | -71.46% | -840.9% |
| EPS 2 | -2.204 | -1.770 | -2.870 | -0.7800 | -1.590 | -2.850 |
| Free Cash Flow 1 | 258.8 | -214.4 | 5.492 | -87.69 | -530 | 363.7 |
| FCF margin | 126.65% | -142.32% | 4.91% | -81.6% | -512.16% | 1,974.2% |
| FCF Conversion (EBITDA) | 265.82% | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | 1.000 | 0.2500 | - | - | - | - |
| Announcement Date | 3/1/19 | 3/2/20 | 3/15/21 | 3/16/22 | 3/14/23 | 4/1/24 |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 1,065 | 1,470 | 1,486 | 1,363 | 905 | 234 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 10.94 x | 89.92 x | -275.7 x | -93.5 x | -93.72 x | -4.263 x |
| Free Cash Flow 1 | 259 | -214 | 5.49 | -87.7 | -530 | 364 |
| ROE (net income / shareholders' equity) | -9.3% | -8.26% | -15.9% | -4.51% | -15.3% | -24.1% |
| ROA (Net income/ Total Assets) | -1.6% | -1.64% | -2.11% | -1.63% | -1.5% | -3.08% |
| Assets 1 | 4,604 | 3,622 | 4,986 | 1,729 | 4,937 | 5,025 |
| Book Value Per Share 2 | 21.90 | 19.80 | 16.70 | 15.80 | 12.90 | 10.00 |
| Cash Flow per Share 2 | 14.90 | 3.770 | 3.700 | 2.440 | 2.380 | 2.380 |
| Capex | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - |
| Announcement Date | 3/1/19 | 3/2/20 | 3/15/21 | 3/16/22 | 3/14/23 | 4/1/24 |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
9.32
USD
Average target price
14
USD
Spread / Average Target
+50.21%
| 1st Jan change | Capi. | |
|---|---|---|
| -0.32% | 524M | |
| -0.20% | 46.38B | |
| -13.75% | 12.39B | |
| -22.69% | 11.06B | |
| -13.01% | 10.74B | |
| -5.43% | 7.45B | |
| -6.66% | 6.54B | |
| -8.23% | 5.8B | |
| -7.60% | 5.6B | |
| -7.00% | 4.67B |
- Stock Market
- Equities
- SRG Stock
- Financials Seritage Growth Properties
