Eastgroup Properties Stock Current Valuation
| EGP Stock | USD 173.84 1.70 0.99% |
Valuation analysis of EastGroup Properties helps investors to measure EastGroup Properties' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of 11/28/2024, Enterprise Value Over EBITDA is likely to grow to 26.19. Also, Enterprise Value Multiple is likely to grow to 26.19. Fundamental drivers impacting EastGroup Properties' valuation include:
Price Book 3.0087 | Enterprise Value 10.1 B | Enterprise Value Ebitda 22.277 | Price Sales 13.7079 | Trailing PE 35.8433 |
Undervalued
Today
Please note that EastGroup Properties' price fluctuation is very steady at this time. Calculation of the real value of EastGroup Properties is based on 3 months time horizon. Increasing EastGroup Properties' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
EastGroup Properties' intrinsic value may or may not be the same as its current market price of 173.84, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 173.84 | Real 181.75 | Target 186.71 | Hype 173.71 |
The intrinsic value of EastGroup Properties' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence EastGroup Properties' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of EastGroup Properties helps investors to forecast how EastGroup stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of EastGroup Properties more accurately as focusing exclusively on EastGroup Properties' fundamentals will not take into account other important factors: EastGroup Properties Company Current Valuation Analysis
EastGroup Properties' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current EastGroup Properties Current Valuation | 10.15 B |
Most of EastGroup Properties' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EastGroup Properties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
EastGroup Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for EastGroup Properties is extremely important. It helps to project a fair market value of EastGroup Stock properly, considering its historical fundamentals such as Current Valuation. Since EastGroup Properties' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EastGroup Properties' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EastGroup Properties' interrelated accounts and indicators.
Click cells to compare fundamentals
EastGroup Current Valuation Historical Pattern
Today, most investors in EastGroup Properties Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EastGroup Properties' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of EastGroup Properties current valuation as a starting point in their analysis.
EastGroup Properties Current Valuation |
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Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, EastGroup Properties has a Current Valuation of 10.15 B. This is 33.11% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The current valuation for all United States stocks is 38.95% higher than that of the company.
EastGroup Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EastGroup Properties' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EastGroup Properties could also be used in its relative valuation, which is a method of valuing EastGroup Properties by comparing valuation metrics of similar companies.EastGroup Properties is currently under evaluation in current valuation category among its peers.
EastGroup Properties ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, EastGroup Properties' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to EastGroup Properties' managers, analysts, and investors.Environmental | Governance | Social |
EastGroup Fundamentals
| Return On Equity | 0.0893 | ||||
| Return On Asset | 0.0345 | ||||
| Profit Margin | 0.37 % | ||||
| Operating Margin | 0.40 % | ||||
| Current Valuation | 10.15 B | ||||
| Shares Outstanding | 49.51 M | ||||
| Shares Owned By Insiders | 0.96 % | ||||
| Shares Owned By Institutions | 96.62 % | ||||
| Number Of Shares Shorted | 1.75 M | ||||
| Price To Earning | 55.02 X | ||||
| Price To Book | 3.01 X | ||||
| Price To Sales | 13.71 X | ||||
| Revenue | 570.59 M | ||||
| Gross Profit | 353.11 M | ||||
| EBITDA | 399.22 M | ||||
| Net Income | 200.55 M | ||||
| Cash And Equivalents | 45.98 M | ||||
| Cash Per Share | 1.06 X | ||||
| Total Debt | 1.7 B | ||||
| Debt To Equity | 0.86 % | ||||
| Current Ratio | 0.68 X | ||||
| Book Value Per Share | 57.66 X | ||||
| Cash Flow From Operations | 338.2 M | ||||
| Short Ratio | 4.44 X | ||||
| Earnings Per Share | 4.85 X | ||||
| Price To Earnings To Growth | 5.78 X | ||||
| Target Price | 198.5 | ||||
| Number Of Employees | 95 | ||||
| Beta | 1.01 | ||||
| Market Capitalization | 8.61 B | ||||
| Total Asset | 4.52 B | ||||
| Retained Earnings | (366.47 M) | ||||
| Working Capital | (32.9 M) | ||||
| Current Asset | 31.58 M | ||||
| Current Liabilities | 44.18 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.39 % | ||||
| Net Asset | 4.52 B | ||||
| Last Dividend Paid | 5.21 |
About EastGroup Properties Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EastGroup Properties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EastGroup Properties using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EastGroup Properties based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with EastGroup Properties
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EastGroup Properties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EastGroup Properties will appreciate offsetting losses from the drop in the long position's value.Moving together with EastGroup Stock
Moving against EastGroup Stock
| 0.75 | UE | Urban Edge Properties | PairCorr |
| 0.73 | SPG | Simon Property Group | PairCorr |
| 0.66 | SLG | SL Green Realty Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.64 | EQIX | Equinix | PairCorr |
| 0.43 | KRG | Kite Realty Group | PairCorr |
The ability to find closely correlated positions to EastGroup Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EastGroup Properties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EastGroup Properties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EastGroup Properties to buy it.
The correlation of EastGroup Properties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EastGroup Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EastGroup Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EastGroup Properties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for EastGroup Stock Analysis
When running EastGroup Properties' price analysis, check to measure EastGroup Properties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EastGroup Properties is operating at the current time. Most of EastGroup Properties' value examination focuses on studying past and present price action to predict the probability of EastGroup Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EastGroup Properties' price. Additionally, you may evaluate how the addition of EastGroup Properties to your portfolios can decrease your overall portfolio volatility.