Getty Realty Corporation (GTY) vs InvenTrust Properties Corp. (IVT)

Getty Realty Corporation and InvenTrust Properties Corp. are both Reit Retail companies. InvenTrust Properties Corp. is the larger, with a market value of $2.4B against $1.8B — 1.3× the size. Getty Realty Corporation trades at the lower P/E: 17.5× against 153×. Getty Realty Corporation grew revenue faster over the last twelve months: 10.9% against 10.5%. Getty Realty Corporation has the higher net margin (41.3% vs 4.80%) and the higher return on invested capital (4.25% vs 1.17%). Both pay a dividend; Getty Realty Corporation yields more (6.39% vs 3.38%). Across the 22 metrics below, Getty Realty Corporation leads on 16 and InvenTrust Properties Corp. on 6.

Valuation

Metric GTY IVT Reit Retail median
P/E 17.48 152.65 24.82
P/S 7.45 7.50 6.69
P/B 1.55 1.35 1.75
Price to free cash flow n/m n/m 13.29
EV/EBITDA 12.93 17.77 15.42
EV/Sales 12.02 10.72 10.60
Earnings yield 5.72% 0.66% 3.91%
Free cash flow yield (10.43%) (18.21%) 2.98%

Profitability

Metric GTY IVT Reit Retail median
Gross margin 101.01% 72.56% 71.78%
Operating margin 63.79% 16.42% 34.62%
Net margin 41.30% 4.80% 27.14%
Free cash flow margin (77.73%) (136.60%) 18.82%
Return on equity 9.14% 0.85% 7.05%
Return on assets 4.47% 0.53% 3.40%
Return on invested capital 4.25% 1.17% 3.18%

Growth

Metric GTY IVT Reit Retail median
Revenue growth (TTM) 10.93% 10.51% 8.49%
EPS growth (last fiscal year) 8.00% 647.37% —
Revenue growth, 5-year CAGR 8.52% 8.62% 8.62%
Net income growth, 5-year CAGR 1.85% 0.00% 1.85%

Health

Metric GTY IVT Reit Retail median
Debt to equity 0.95 0.62 0.94
Current ratio 2.26 1.73 1.62
Net debt to EBITDA 5.14 4.40 5.40

Dividend

Metric GTY IVT Reit Retail median
Dividend yield 6.39% 3.38% 4.57%
Payout ratio 1.21 14.02 1.21

Size

Metric GTY IVT Reit Retail median
Market cap 1.78b 2.38b 3.65b

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