W. P. Carey Inc. (WPC) stock analysis

P/E below its 5-year median

W. P. Carey's P/E of 22.4 is below its own 5-year median of 29.4.

P/E below the industry

W. P. Carey's P/E of 22.4 is below the Miscellaneous Investing median of 26.3.

EV/EBITDA below its 5-year median

W. P. Carey's EV/EBITDA of 9.5 is below its 5-year median of 10.9.

P/B above the industry

W. P. Carey's price-to-book of 1.70 is above the Miscellaneous Investing median of 1.20.

Trading below fair value

The share price of $64.84 is below our fair value estimate of $74.76.

Margin of safety under 20%

The price is 13.3% below fair value, less than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 5.1% 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 78.3% over the last twelve months, against a 5-year average of 0.5% a year.

Growing faster than the industry

Revenue grew 9.0% over the last twelve months; the Miscellaneous Investing median is 4.6%.

Guidance lowered

W. P. Carey lowered its 2026 Property expenses, excluding reimbursable tenant costs outlook on Oct 27, 2026.

Gross margin trend

This company does not report gross profit.

Return on equity under 15%

Return on equity was 7.7% over the last twelve months and averaged 6.4% over five years; we look for 15% on both.

Return on invested capital

Needs operating income and invested capital.

Return on equity above the industry

W. P. Carey's return on equity of 7.7% is above the Miscellaneous Investing median of 3.1%.

Earnings grew over 5 years

Net income grew 0.5% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 35.6% over the last twelve months, against a 5-year average of 33.7%.

Net margin above the industry

W. P. Carey's net margin of 35.6% 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 coverage

Interest expense is not reported separately.

Short-term liquidity

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

Elevated bankruptcy risk

The Altman Z-score is 1.00; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

W. P. Carey paid dividends worth 5.8% of the share price over the last twelve months.

Yield above Treasuries

The 5.8% 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; W. P. Carey yields 5.8%.

Dividend was cut

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

Not covered by earnings

Dividends take 128% of net income, leaving little room.

Cash-flow cover

Needs dividends paid and free cash flow.