EPR Properties (EPR) vs Uniti Group Inc. (UNIT)

EPR Properties and Uniti Group Inc. are both Reit Specialty companies. EPR Properties is the larger, with a market value of $4.4B against $2.2B — 2.0× the size. Uniti Group Inc. trades at the lower P/E: 1.8× against 18.1×. Uniti Group Inc. grew revenue faster over the last twelve months: 199.7% against 4.47%. EPR Properties has the higher net margin (32.2% vs 28.0%) and the higher return on invested capital (4.58% vs 0.00%). Both pay a dividend; Uniti Group Inc. yields more (12.4% vs 7.75%). Across the 21 metrics below, Uniti Group Inc. leads on 12 and EPR Properties on 9.

Valuation

Metric EPR UNIT Reit Specialty median
P/E 18.10 1.76 26.27
P/S 5.86 0.64 5.86
P/B 1.88 13.95 2.19
Price to free cash flow n/m n/m 14.62
EV/EBITDA 12.74 1.26 16.22
EV/Sales 10.26 0.44 8.93
Earnings yield 5.53% 56.68% 3.43%
Free cash flow yield (3.80%) (38.60%) 5.37%

Profitability

Metric EPR UNIT Reit Specialty median
Gross margin 91.91% 59.09% 67.43%
Operating margin 55.09% 3.23% 21.38%
Net margin 32.20% 27.99% 16.14%
Free cash flow margin (22.28%) (25.13%) 31.07%
Return on equity 10.31% (86.76%) 4.76%
Return on assets 4.12% 10.69% 3.29%
Return on invested capital 4.58% 0.00% 4.19%

Growth

Metric EPR UNIT Reit Specialty median
Revenue growth (TTM) 4.47% 199.72% 5.36%
EPS growth (last fiscal year) 105.00% 672.65% —
Revenue growth, 5-year CAGR 11.62% 15.93% 6.70%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EPR UNIT Reit Specialty median
Debt to equity 1.43 0.00 0.62
Current ratio 9.51 0.10 0.70
Net debt to EBITDA 4.78 (0.14) 4.47

Dividend

Metric EPR UNIT Reit Specialty median
Dividend yield 7.75% 12.35% 3.88%
Payout ratio 1.77 0.81 1.14

Size

Metric EPR UNIT Reit Specialty median
Market cap 4.35b 2.17b 8.48b

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