Vornado Realty Trust (VNO) stock analysis

P/E above its 5-year median

Vornado Realty Trust's P/E of 1760.0 is above its own 5-year median of 45.5.

P/E above the industry

Vornado Realty Trust's P/E of 1760.0 is above the Miscellaneous Investing median of 26.3.

EV/EBITDA above its 5-year median

Vornado Realty Trust's EV/EBITDA of 10.4 is above its 5-year median of 10.3.

P/B below the industry

Vornado Realty Trust's price-to-book of 1.14 is below the Miscellaneous Investing median of 1.20.

Trading below fair value

The share price of $35.20 is below our fair value estimate of $35.43.

Margin of safety under 20%

The price is 0.6% below fair value, less than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 0.2% 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 acceleration

Needs positive net income now, a year ago and five years ago.

Growing slower than the industry

Revenue grew 1.4% over the last twelve months; the Miscellaneous Investing median is 4.6%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

This company does not report gross profit.

Return on equity under 15%

Return on equity was 1.1% over the last twelve months and averaged 3.3% over five years; we look for 15% on both.

Return on invested capital

Needs operating income and invested capital.

Return on equity below the industry

Vornado Realty Trust's return on equity of 1.1% is below the Miscellaneous Investing median of 3.1%.

Earnings over 5 years

Needs positive net income five years ago and in the latest year.

Net margin below its 5-year average

Net margin was 3.7% over the last twelve months, against a 5-year average of 10.3%.

Net margin below the industry

Vornado Realty Trust's net margin of 3.7% is below the Miscellaneous Investing median of 10.3%.

No debt

Vornado Realty Trust has no borrowings on its latest balance sheet.

Debt not rising

With no debt today, leverage cannot have risen.

Debt covered by cash flow

There is no debt to cover.

Interest well covered

No meaningful interest expense to cover.

Short-term liquidity

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

Elevated bankruptcy risk

The Altman Z-score is 0.23; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Vornado Realty Trust paid dividends worth 2.1% of the share price over the last twelve months.

Yield below Treasuries

The 2.1% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Vornado Realty Trust yields 2.1%.

Dividend was cut

The dividend per share fell by more than 10% at least once in the last 9 fiscal years.

Earnings cover

Needs dividends paid and net income.

Cash-flow cover

Needs dividends paid and free cash flow.