Kimco Realty Corp (KIM.PN) stock analysis

P/E above its 5-year median

Kimco Realty's P/E of 28.8 is above its own 5-year median of 28.3.

P/E above the industry

Kimco Realty's P/E of 28.8 is above the Miscellaneous Investing median of 25.0.

EV/EBITDA below its 5-year median

Kimco Realty's EV/EBITDA of 11.3 is below its 5-year median of 11.4.

P/B above the industry

Kimco Realty's price-to-book of 1.60 is above the Miscellaneous Investing median of 1.20.

Trading above fair value

The share price of $24.52 is above our fair value estimate of $22.03.

Margin of safety under 20%

The price is 11.3% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 7.4% a year over the last three fiscal years, short of the 10% we look for.

EPS growth over 3 years

Needs positive EPS three years ago and today.

Earnings growth accelerating

Net income grew 1.6% over the last twelve months, against a 5-year average of -10.2% a year.

Growing faster than the industry

Revenue grew 4.4% over the last twelve months; the Miscellaneous Investing median is 4.4%.

Guidance raised

Kimco Realty raised its full year Structured investments, net of repayments outlook on Aug 4, 2026.

Gross margin trend

This company does not report gross profit.

Return on equity under 15%

Return on equity was 5.8% over the last twelve months and averaged 5.7% over five years; we look for 15% on both.

Return on capital under 10%

Return on invested capital was 7.9%, below the 10% that usually covers the cost of capital.

Return on equity above the industry

Kimco Realty's return on equity of 5.8% is above the Miscellaneous Investing median of 3.4%.

Earnings shrank over 5 years

Net income shrank 10.2% a year on average over the last five fiscal years.

Net margin below its 5-year average

Net margin was 27.8% over the last twelve months, against a 5-year average of 30.7%.

Net margin above the industry

Kimco Realty's net margin of 27.8% is above the Miscellaneous Investing median of 11.4%.

Debt level

Needs debt and equity figures.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt coverage

Needs operating cash flow.

Interest not well covered

Operating income covers interest expense 2.3 times; we look for at least 5.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Elevated bankruptcy risk

The Altman Z-score is 1.23; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Kimco Realty paid dividends worth 4.3% of the share price over the last twelve months.

Yield below Treasuries

The 4.3% yield is below the 4.4% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 4.0% or more; Kimco Realty yields 4.3%.

Dividend was cut

The dividend per share fell by more than 10% at least once in the last 10 fiscal years.

Earnings cover

Needs dividends paid and net income.

Cash-flow cover

Needs dividends paid and free cash flow.