- By insider
Pennsylvania Real Estate Investment Trust (PEI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Pennsylvania Real Estate Investment Trust is a self-managed and self-administered REIT in the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development and disposition of retail shopping malls. Pennsylvania Real Estate Investment Trust has a market cap of $734.750 million; its shares were traded at around $10.51 with and P/S ratio of 1.94. The dividend yield of Pennsylvania Real Estate Investment Trust stocks is 7.98%.
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Warning! GuruFocus has detected 7 Warning Signs with PEI. Click here to check it out.
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The intrinsic value of PEI
For the last quarter Pennsylvania Real Estate Investment Trust reported a revenue of $99.8 million, compared with the revenue of $104.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $367.5 million, a decrease of 8.1% from the previous year. For the last five years Pennsylvania Real Estate Investment Trust had an average revenue decline of 2.7% a year.
The reported loss per diluted share was 89 cents for the year, compared with the loss per share of $0.44 in the previous year. The Pennsylvania Real Estate Investment Trust had a decent operating margin of 16.21%, compared with the operating margin of 19.69% a year before. The 10-year historical median operating margin of Pennsylvania Real Estate Investment Trust is 13.33%. The profitability rank of the company is 5 (out of 10).
At the end of the fiscal year, Pennsylvania Real Estate Investment Trust has the cash and cash equivalents of $15.3 million, compared with $9.80 million in the previous year. The long term debt was $1.7 billion, compared with $1.8 billion in the previous year. The interest coverage to the debt is 1.5, which is not a favorable level. Pennsylvania Real Estate Investment Trust has a financial strength rank of 4 (out of 10).
At the current stock price of $10.51, Pennsylvania Real Estate Investment Trust is traded at 12% discount to its historical median P/S valuation band of $11.94. The P/S ratio of the stock is 1.94, while the historical median P/S ratio is 2.22. The stock lost 34.28% during the past 12 months.
For the complete 20-year historical financial data of PEI, click here.
This article first appeared on GuruFocus.
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Warning! GuruFocus has detected 7 Warning Signs with PEI. Click here to check it out.
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The intrinsic value of PEI