Spirit Realty Capital, Inc. Logo

Spirit Realty Capital, Inc.

SRC

(2.2)
Stock Price

42,98 USD

3.22% ROA

5.71% ROE

24.44x PER

Market Cap.

6.347.236.161,00 USD

85.03% DER

5.94% Yield

34.41% NPM

Spirit Realty Capital, Inc. Stock Analysis

Spirit Realty Capital, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Spirit Realty Capital, Inc. Fundamental Stock Analysis
# Analysis Rating
1 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

2 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (327), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

4 ROE

ROE in an average range (5.71%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (3.22%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 PBV

The stock's PBV ratio (1.27x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

7 DER

The stock maintains a fair debt to equity ratio (85%), indicating a reasonable balance between the money it owes and the ownership it possesses.

8 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

11 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

Spirit Realty Capital, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Spirit Realty Capital, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Spirit Realty Capital, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Spirit Realty Capital, Inc. Revenue
Year Revenue Growth
2003 286.476
2004 26.228.287 98.91%
2005 84.501.000 68.96%
2006 188.556.000 55.19%
2007 89.842.150 -109.87%
2008 201.004.000 55.3%
2009 280.559.000 28.36%
2010 295.017.000 4.9%
2011 275.530.000 -7.07%
2012 282.701.000 2.54%
2013 419.467.000 32.6%
2014 602.871.000 30.42%
2015 667.335.000 9.66%
2016 685.974.000 2.72%
2017 429.684.000 -59.65%
2018 423.420.000 -1.48%
2019 512.388.000 17.36%
2020 482.148.000 -6.27%
2021 606.654.000 20.52%
2022 705.438.000 14%
2023 773.500.000 8.8%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Spirit Realty Capital, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Spirit Realty Capital, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 1.207.726
2004 0 0%
2005 156.252 100%
2006 952.789 83.6%
2007 2.011.322 52.63%
2008 5.632.000 64.29%
2009 7.020.000 19.77%
2010 6.989.000 -0.44%
2011 7.943.000 12.01%
2012 37.329.000 78.72%
2013 35.863.000 -4.09%
2014 57.274.000 37.38%
2015 47.730.000 -20%
2016 52.615.000 9.28%
2017 57.512.000 8.51%
2018 52.993.000 -8.53%
2019 53.268.000 0.52%
2020 50.812.000 -4.83%
2021 53.744.000 5.46%
2022 62.023.000 13.35%
2023 56.248.000 -10.27%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Spirit Realty Capital, Inc. EBITDA
Year EBITDA Growth
2003 -2.330.172
2004 19.082.970 112.21%
2005 72.183.000 73.56%
2006 171.890.000 58.01%
2007 41.297.607 -316.22%
2008 101.405.000 59.27%
2009 265.110.000 61.75%
2010 272.710.000 2.79%
2011 243.717.000 -11.9%
2012 240.093.000 -1.51%
2013 360.483.000 33.4%
2014 518.583.000 30.49%
2015 589.151.000 11.98%
2016 599.291.000 1.69%
2017 428.672.000 -39.8%
2018 365.537.000 -17.27%
2019 438.233.000 16.59%
2020 403.035.000 -8.73%
2021 527.472.000 23.59%
2022 623.448.000 15.39%
2023 460.064.000 -35.51%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Spirit Realty Capital, Inc. Gross Profit
Year Gross Profit Growth
2003 286.476
2004 26.228.287 98.91%
2005 84.501.000 68.96%
2006 188.556.000 55.19%
2007 84.442.150 -123.3%
2008 197.454.000 57.23%
2009 277.644.000 28.88%
2010 291.425.000 4.73%
2011 270.506.000 -7.73%
2012 277.422.000 2.49%
2013 405.989.000 31.67%
2014 575.857.000 29.5%
2015 636.881.000 9.58%
2016 651.906.000 2.3%
2017 402.277.000 -62.05%
2018 402.144.000 -0.03%
2019 493.751.000 18.55%
2020 457.656.000 -7.89%
2021 583.422.000 21.56%
2022 675.601.000 13.64%
2023 739.972.000 8.7%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Spirit Realty Capital, Inc. Net Profit
Year Net Profit Growth
2003 -1.158.157
2004 8.971.999 112.91%
2005 27.819.000 67.75%
2006 52.360.000 46.87%
2007 4.480.017 -1068.75%
2008 25.092.000 82.15%
2009 -122.683.000 120.45%
2010 -86.537.000 -41.77%
2011 -63.863.000 -35.5%
2012 -76.233.000 16.23%
2013 1.677.000 4645.8%
2014 -33.799.000 104.96%
2015 114.730.000 129.46%
2016 97.446.000 -17.74%
2017 77.148.000 -26.31%
2018 132.052.000 41.58%
2019 175.266.000 24.66%
2020 26.708.000 -556.23%
2021 171.702.000 84.45%
2022 285.516.000 39.86%
2023 153.872.000 -85.55%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Spirit Realty Capital, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 -1
2004 1 0%
2005 1 100%
2006 2 0%
2007 0 0%
2008 0 0%
2009 -12 100%
2010 -9 -50%
2011 -6 -33.33%
2012 -5 -50%
2013 0 0%
2014 0 0%
2015 1 100%
2016 1 0%
2017 1 0%
2018 2 100%
2019 2 0%
2020 0 0%
2021 1 100%
2022 2 50%
2023 1 -100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Spirit Realty Capital, Inc. Free Cashflow
Year Free Cashflow Growth
2003 -37.654.233
2004 -394.693.203 90.46%
2005 -748.288.000 47.25%
2006 -1.275.753.000 41.35%
2007 43.366.041 3041.82%
2008 96.073.000 54.86%
2009 46.487.000 -106.67%
2010 89.867.000 48.27%
2011 57.784.000 -55.52%
2012 111.773.000 48.3%
2013 138.104.000 19.07%
2014 218.571.000 36.82%
2015 361.717.000 39.57%
2016 334.331.000 -8.19%
2017 347.882.000 3.9%
2018 283.975.000 -22.5%
2019 291.401.000 2.55%
2020 301.653.000 3.4%
2021 389.176.000 22.49%
2022 397.775.000 2.16%
2023 85.184.000 -366.96%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Spirit Realty Capital, Inc. Operating Cashflow
Year Operating Cashflow Growth
2003 -122.828
2004 17.442.209 100.7%
2005 54.292.000 67.87%
2006 99.018.000 45.17%
2007 43.366.041 -128.33%
2008 96.073.000 54.86%
2009 46.853.000 -105.05%
2010 89.867.000 47.86%
2011 94.427.000 4.83%
2012 111.773.000 15.52%
2013 138.104.000 19.07%
2014 218.571.000 36.82%
2015 371.986.000 41.24%
2016 361.409.000 -2.93%
2017 393.982.000 8.27%
2018 336.365.000 -17.13%
2019 339.053.000 0.79%
2020 314.312.000 -7.87%
2021 411.133.000 23.55%
2022 486.450.000 15.48%
2023 112.802.000 -331.24%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Spirit Realty Capital, Inc. Capital Expenditure
Year Capital Expenditure Growth
2003 37.531.405
2004 412.135.412 90.89%
2005 802.580.000 48.65%
2006 1.374.771.000 41.62%
2007 0 0%
2008 0 0%
2009 366.000 100%
2010 0 0%
2011 36.643.000 100%
2012 0 0%
2013 0 0%
2014 0 0%
2015 10.269.000 100%
2016 27.078.000 62.08%
2017 46.100.000 41.26%
2018 52.390.000 12.01%
2019 47.652.000 -9.94%
2020 12.659.000 -276.43%
2021 21.957.000 42.35%
2022 88.675.000 75.24%
2023 27.618.000 -221.08%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Spirit Realty Capital, Inc. Equity
Year Equity Growth
2003 276.902.375
2004 587.703.472 52.88%
2005 592.793.000 0.86%
2006 994.025.000 40.36%
2007 781.086.865 -27.26%
2008 1.614.976.000 51.63%
2009 1.521.984.000 -6.11%
2010 590.101.000 -157.92%
2011 526.360.000 -12.11%
2012 1.253.443.000 58.01%
2013 3.118.034.000 59.8%
2014 3.318.101.000 6.03%
2015 3.489.831.000 4.92%
2016 3.682.108.000 5.22%
2017 3.319.609.000 -10.92%
2018 2.801.749.000 -18.48%
2019 3.413.249.000 17.92%
2020 3.601.120.000 5.22%
2021 3.999.799.000 9.97%
2022 4.561.316.000 12.31%
2023 4.492.793.000 -1.53%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Spirit Realty Capital, Inc. Assets
Year Assets Growth
2003 277.875.035
2004 782.227.224 64.48%
2005 1.513.425.000 48.31%
2006 2.856.590.000 47.02%
2007 1.967.697.834 -45.17%
2008 3.432.028.000 42.67%
2009 3.413.104.000 -0.55%
2010 3.396.842.000 -0.48%
2011 3.231.561.000 -5.11%
2012 3.247.677.000 0.5%
2013 7.231.045.000 55.09%
2014 8.017.001.000 9.8%
2015 7.918.996.000 -1.24%
2016 7.677.971.000 -3.14%
2017 7.263.511.000 -5.71%
2018 5.096.316.000 -42.52%
2019 5.832.661.000 12.62%
2020 6.396.786.000 8.82%
2021 7.330.870.000 12.74%
2022 8.472.866.000 13.48%
2023 8.650.208.000 2.05%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Spirit Realty Capital, Inc. Liabilities
Year Liabilities Growth
2003 972.660
2004 194.523.752 99.5%
2005 920.632.000 78.87%
2006 1.862.565.000 50.57%
2007 0 0%
2008 0 0%
2009 0 0%
2010 2.806.741.000 100%
2011 2.705.201.000 -3.75%
2012 1.994.234.000 -35.65%
2013 4.113.011.000 51.51%
2014 4.698.900.000 12.47%
2015 4.429.165.000 -6.09%
2016 3.995.863.000 -10.84%
2017 3.943.902.000 -1.32%
2018 2.294.567.000 -71.88%
2019 2.419.412.000 5.16%
2020 2.795.666.000 13.46%
2021 3.331.071.000 16.07%
2022 3.911.550.000 14.84%
2023 4.157.415.000 5.91%

Spirit Realty Capital, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
5.33
Net Income per Share
1.83
Price to Earning Ratio
24.44x
Price To Sales Ratio
8.44x
POCF Ratio
12.14
PFCF Ratio
15.04
Price to Book Ratio
1.41
EV to Sales
13.34
EV Over EBITDA
16.67
EV to Operating CashFlow
19.25
EV to FreeCashFlow
23.77
Earnings Yield
0.04
FreeCashFlow Yield
0.07
Market Cap
6,35 Bil.
Enterprise Value
10,03 Bil.
Graham Number
36.25
Graham NetNet
-28.23

Income Statement Metrics

Net Income per Share
1.83
Income Quality
2.01
ROE
0.06
Return On Assets
0.03
Return On Capital Employed
0.02
Net Income per EBT
1
EBT Per Ebit
1.49
Ebit per Revenue
0.23
Effective Tax Rate
0

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.03
Gross Profit Margin
0.96
Operating Profit Margin
0.23
Pretax Profit Margin
0.35
Net Profit Margin
0.34

Dividends

Dividend Yield
0.06
Dividend Yield %
5.94
Payout Ratio
1.48
Dividend Per Share
2.67

Operating Metrics

Operating Cashflow per Share
3.69
Free CashFlow per Share
2.99
Capex to Operating CashFlow
-0.19
Capex to Revenue
-0.13
Capex to Depreciation
-0.32
Return on Invested Capital
0.02
Return on Tangible Assets
0.03
Days Sales Outstanding
25.69
Days Payables Outstanding
2685.02
Days of Inventory on Hand
0
Receivables Turnover
14.21
Payables Turnover
0.14
Inventory Turnover
0
Capex per Share
-0.7

Balance Sheet

Cash per Share
0,95
Book Value per Share
31,84
Tangible Book Value per Share
27.48
Shareholders Equity per Share
31.84
Interest Debt per Share
28.03
Debt to Equity
0.85
Debt to Assets
0.44
Net Debt to EBITDA
6.12
Current Ratio
1.08
Tangible Asset Value
3,88 Bil.
Net Current Asset Value
-3,91 Bil.
Invested Capital
0.85
Working Capital
0,02 Bil.
Intangibles to Total Assets
0.07
Average Receivables
0,06 Bil.
Average Payables
0,23 Bil.
Average Inventory
0
Debt to Market Cap
0.6

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Spirit Realty Capital, Inc. Dividends
Year Dividends Growth
2012 0
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 100%
2019 3 50%
2020 3 0%
2021 3 0%
2022 3 0%
2023 2 -100%

Spirit Realty Capital, Inc. Profile

About Spirit Realty Capital, Inc.

Spirit Realty Capital, Inc. (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases. As of September 30, 2020, our diverse portfolio of 1,778 owned properties, with an aggregate leasable area of 37.2 million square feet in 48 states, included retail, industrial and office buildings leased to 296 tenants across 28 retail industries.

CEO
Mr. Jackson Hsieh
Employee
89
Address
2727 North Harwood Street
Dallas, 75201

Spirit Realty Capital, Inc. Executives & BODs

Spirit Realty Capital, Inc. Executives & BODs
# Name Age
1 Mr. Jackson Hsieh
President, Chief Executive Officer & Director
70
2 Ms. Rochelle Thomas
Executive Vice President, General Counsel & Secretary
70
3 Mr. Pierre Revol
Senior Vice President of Corporate Finance & Investor Relations
70
4 Mr. Jay A. Young
Executive Vice President, Chief Administrative Officer & Chief Legal Officer
70
5 Mr. Michael C. Hughes
Executive Vice President & Chief Financial Officer
70
6 Mr. Kenneth Heimlich
Executive Vice President & Chief Investment Officer
70
7 Mr. Prakash J. Parag
Senior Vice President & Chief Accounting Officer
70
8 Ms. Erin Gilles
Director of Marketing & Communications
70
9 Mr. Daniel Rosenberg
Senior Vice President & Deputy Head of Asset Management
70
10 Mr. Travis Carter
Senior Vice President of Credit & Underwriting
70

Spirit Realty Capital, Inc. Competitors