$EPR Properties (EPR.US)$Specializing in experiential real e...
$EPR Properties (EPR.US)$Specializing in experiential real estate, such as theaters, entertainment centers, and learning centers, the revenue saw a sharp decline of 36.4% in 2020. Over the next two years, it recovered to pre-pandemic levels. However, operating profit has been declining since 2019 and only recovered to 80% of the 2018 level in 2022. Net income was in a loss in 2020, but recovered to 2/3 of the 2018 level in 2022.
Revenue grew by 8.8% in the first half of 2023, while operating profit increased by 16.6%. However, net income shrank by 14.3% due to a significant impairment of capital assets.
Currently, the PE is 21 and the TTM PE is 22.9. If calculated based on a 5-year average net income of 0.12 billion, the PE would be 26.8 and PB is 1.3. The dividend yield stands at 7.7%, indicating relatively unattractive valuation.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
