InvenTrust Properties Corp. (IVT) vs SITE CENTERS CORP. (SITC)

InvenTrust Properties Corp. and SITE CENTERS CORP. are both Reit Retail companies. InvenTrust Properties Corp. is the larger, with a market value of $2.4B against $158.5M — 15.0× the size. SITE CENTERS CORP. trades at the lower P/E: 1.3× against 153×. InvenTrust Properties Corp. grew revenue faster over the last twelve months: 10.5% against −58.6%. SITE CENTERS CORP. has the higher net margin (179.5% vs 4.80%) and the lower return on invested capital (−229.5% vs 1.17%). Both pay a dividend; SITE CENTERS CORP. yields more (4.08% vs 3.38%). Across the 21 metrics below, SITE CENTERS CORP. leads on 15 and InvenTrust Properties Corp. on 6.

Valuation

Metric IVT SITC Reit Retail median
P/E 152.65 1.27 24.82
P/S 7.50 2.25 6.69
P/B 1.35 0.57 1.75
Price to free cash flow n/m 0.23 13.29
EV/EBITDA 17.77 n/m 15.42
EV/Sales 10.72 2.36 10.60
Earnings yield 0.66% 78.76% 3.91%
Free cash flow yield (18.21%) 443.19% 2.98%

Profitability

Metric IVT SITC Reit Retail median
Gross margin 72.56% 61.50% 71.78%
Operating margin 16.42% (210.81%) 34.62%
Net margin 4.80% 179.48% 27.14%
Free cash flow margin (136.60%) 998.59% 18.82%
Return on equity 0.85% 33.27% 7.05%
Return on assets 0.53% 19.32% 3.40%
Return on invested capital 1.17% (229.47%) 3.18%

Growth

Metric IVT SITC Reit Retail median
Revenue growth (TTM) 10.51% (58.57%) 8.49%
EPS growth (last fiscal year) 647.37% (65.61%) —
Revenue growth, 5-year CAGR 8.62% (23.12%) 8.62%
Net income growth, 5-year CAGR 0.00% 63.57% 1.85%

Health

Metric IVT SITC Reit Retail median
Debt to equity 0.62 0.00 0.94
Current ratio 1.73 8.22 1.62
Net debt to EBITDA 4.40 2.11 5.40

Dividend

Metric IVT SITC Reit Retail median
Dividend yield 3.38% 4.08% 4.57%
Payout ratio 14.02 1.08 1.21

Size

Metric IVT SITC Reit Retail median
Market cap 2.38b 158.48m 3.65b

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