EPR Properties (EPR) vs SBA Communications Corporation (SBAC)

EPR Properties and SBA Communications Corporation are both Reit Specialty companies. SBA Communications Corporation is the larger, with a market value of $18.0B against $4.2B — 4.3× the size. EPR Properties trades at the lower P/E: 17.4× against 19.6×. SBA Communications Corporation grew revenue faster over the last twelve months: 5.36% against 4.47%. SBA Communications Corporation has the higher net margin (34.5% vs 32.2%) and the higher return on invested capital (11.0% vs 4.58%). Both pay a dividend; EPR Properties yields more (6.66% vs 2.66%). Across the 21 metrics below, EPR Properties leads on 13 and SBA Communications Corporation on 8.

Valuation

Metric EPR SBAC Reit Specialty median
P/E 17.43 19.60 26.73
P/S 5.64 6.74 5.89
P/B 1.81 n/m 2.08
Price to free cash flow n/m 14.38 14.38
EV/EBITDA 12.47 18.56 16.93
EV/Sales 10.05 11.05 8.60
Earnings yield 5.74% 5.10% 3.56%
Free cash flow yield (3.95%) 6.95% 5.25%

Profitability

Metric EPR SBAC Reit Specialty median
Gross margin 91.91% 75.18% 67.43%
Operating margin 55.09% 47.65% 21.38%
Net margin 32.20% 34.51% 16.14%
Free cash flow margin (22.28%) 46.89% 31.07%
Return on equity 10.31% (20.71%) 4.76%
Return on assets 4.12% 8.80% 3.29%
Return on invested capital 4.58% 11.04% 4.19%

Growth

Metric EPR SBAC Reit Specialty median
Revenue growth (TTM) 4.47% 5.36% 5.36%
EPS growth (last fiscal year) 105.00% 41.21% 26.78%
Revenue growth, 5-year CAGR 11.62% 6.21% 6.70%
Net income growth, 5-year CAGR 0.00% 112.87% 0.00%

Health

Metric EPR SBAC Reit Specialty median
Debt to equity 1.43 (2.75) 0.62
Current ratio 9.51 0.17 0.70
Net debt to EBITDA 4.78 7.52 4.47

Dividend

Metric EPR SBAC Reit Specialty median
Dividend yield 6.66% 2.66% 3.99%
Payout ratio 1.17 0.52 1.17

Size

Metric EPR SBAC Reit Specialty median
Market cap 4.17b 18.04b 8.35b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack