Centerspace (CSR) stock analysis

P/E below its 5-year median

Centerspace's P/E of 10.6 is below its own 5-year median of 35.6.

P/E below the industry

Centerspace's P/E of 10.6 is below the Miscellaneous Investing median of 26.3.

EV/EBITDA below its 5-year median

Centerspace's EV/EBITDA of 3.9 is below its 5-year median of 7.8.

P/B above the industry

Centerspace's price-to-book of 1.20 is above the Miscellaneous Investing median of 1.20.

Trading below fair value

The share price of $56.86 is below our fair value estimate of $129.74.

Margin of safety over 20%

The price is 56.2% below fair value, more than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 2.2% 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 199% over the last twelve months, against a 5-year average of 31.0% a year.

Growing slower than the industry

Revenue grew -6.0% over the last twelve months; the Miscellaneous Investing median is 4.6%.

Guidance lowered

Centerspace lowered its 2026 Same-Store Growth Revenue outlook on Aug 3, 2026.

Gross margin improving

Gross margin was 96.6% over the last twelve months, against 96.5% a year earlier.

Return on equity under 15%

Return on equity was 11.8% over the last twelve months and averaged 0.9% over five years; we look for 15% on both.

Return on capital over 10%

Return on invested capital was 16.1%, above the 10% that usually covers the cost of capital.

Return on equity above the industry

Centerspace's return on equity of 11.8% is above the Miscellaneous Investing median of 3.1%.

Earnings grew over 5 years

Net income grew 31.0% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 35.4% over the last twelve months, against a 5-year average of 2.4%.

Net margin above the industry

Centerspace's net margin of 35.4% is above the Miscellaneous Investing median of 10.3%.

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 3.5 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 0.62; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Centerspace paid dividends worth 5.4% of the share price over the last twelve months.

Yield above Treasuries

The 5.4% yield is above the 4.4% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 3.8% or more; Centerspace yields 5.4%.

Dividend was cut

The dividend per share fell by more than 10% at least once in the last 8 fiscal years.

Covered by earnings

Dividends take 56.7% of net income.

Cash-flow cover

Needs dividends paid and free cash flow.