Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
In this section, we usually try to help investors determine whether Spirit MTA REIT is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Spirit MTA REIT has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Spirit MTA REIT. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Spirit MTA REIT's
is considered below, and whether this is a fair price.
Price based on past earnings
Spirit MTA REIT's earnings available for a low price, and how does
this compare to other companies in the same industry?
Spirit MTA REIT has negative assets, we can't compare the value of its assets to the US REITs industry average.
Take a look at our analysis of SMTA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Spirit MTA REIT's regulatory filings and announcements.
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Spirit MTA REIT has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected REITs industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Spirit MTA REIT
expected to grow at an
Unable to compare Spirit MTA REIT's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Spirit MTA REIT's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Spirit MTA REIT's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Spirit MTA REIT is high growth as no earnings estimate data is available.
Unable to determine if Spirit MTA REIT is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Spirit MTA REIT's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Spirit MTA REIT
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Ricardo Jonas Rodriguez has been Chief Executive Officer, President, Chief Financial Officer and Treasurer at Spirit MTA REIT since May 15, 2018. Mr. Rodriguez joined Spirit Master Trust from Morgan Stanley. Mr. Rodriguez has 17 years of experience and served as Executive Director of Global Capital Markets in the Structured Solutions Group where he served as head of term ABS banking and origination and worked on over $70 billion of public and private capital market transactions. Mr. Rodriguez graduated from the United States Naval Academy with a Bachelor of Science in Economics and Weapons & Systems Engineering.
Insufficient data for Ricardo to compare compensation growth.
Ricardo's remuneration is lower than average for companies of similar size in United States of America.
Investor Relations Officer
Board of Directors Tenure
Average tenure and age of the
Spirit MTA REIT
board of directors in years:
The average tenure for the Spirit MTA REIT board of directors is less than 3 years, this suggests a new board.
What Kind Of Shareholder Owns Most Spirit MTA REIT (NYSE:SMTA) Stock?
Companies that have been privatized tend to have low insider ownership. … Spirit MTA REIT is a smaller company with a market capitalization of US$298m, so it may still be flying under the radar of many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that.
Investing In Spirit MTA REIT (NYSE:SMTA): What You Need To Know
Spirit MTA REIT is a US$316m. … real estate investment trust (REIT) based in Dallas, United States. … This term is very common in the REIT investing world as it provides a cleaner look at its cash flow from daily operations by excluding impact of one-off activities or non-cash items such as depreciation
real estate investment trust (REIT) based in Dallas, United States. … They have to meet certain requirements in order to become a REIT, meaning they should be analyzed a different way. … A common financial term REIT investors should know is Funds from Operations, or FFO for short, which is a REIT's main source of income from its portfolio of property, such as rent
Spirit MTA REIT (NYSE: SMTA) is a net-lease REIT headquartered in Dallas, Texas. SMTA owns one of the largest, most diversified and seasoned commercial real estate backed master funding vehicles. SMTA is managed by Spirit Realty, L.P., a wholly-owned subsidiary of Spirit (NYSE: SRC), one of the largest publicly traded triple net-lease REITs. As of March 31, 2019, our diversified portfolio was comprised of 796 properties, including properties securing mortgage loans made by the Company. Our owned properties, with an aggregate gross leasable area of approximately 13.9 million square feet, are leased to approximately 203 tenants across 43 states and 24 industries.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.