Seritage Growth Properties
General ticker "SRG" information:
- Sector: Real Estate
- Industry: Real Estate Management & Development
- Capitalization: $199.8M (TTM average)
Seritage Growth Properties follows the US Stock Market performance with the rate: 45.9%.
Estimated limits based on current volatility of 3.4%: low 3.47$, high 3.72$
Factors to consider:
- Total employees count: 14 (-56.2%) as of 2023
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Economic downturns and volatility, Market conditions and asset performance, Cybersecurity threats, Climate change and natural disasters, Market competition
- Current price 44.3% below estimated low
- Earnings for 18 months up through Q2 (+1 year) are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [6.98$, 11.11$]
- 2024-12-30 to 2025-12-30 estimated range: [6.14$, 10.06$]
Financial Metrics affecting the SRG estimates:
- Negative: with PPE of -9.3 at the end of fiscal year the price was high
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -10.10 <= 0.33
- Positive: Interest expense per share per price, % of 0 <= 0.01
- Positive: 41.86 < Shareholder equity ratio, % of 57.71 <= 63.39
- Positive: Investing cash flow per share per price, % of 139.52 > -0.66
- Positive: Industry operating profit margin (median), % of 33.64 > 9.92
- Positive: Industry inventory ratio change (median), % of 0 <= 0
Short-term SRG quotes
Long-term SRG plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $116.68MM | $107.06MM | $20.58MM |
| Operating Expenses | $173.35MM | $188.79MM | $75.56MM |
| Operating Income | $-56.67MM | $-81.74MM | $-54.98MM |
| Non-Operating Income | $17.88MM | $-37.89MM | $-99.90MM |
| Interest Expense | $107.97MM | $86.73MM | $0.00MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $-38.79MM | $-119.63MM | $-154.87MM |
| Taxes | $0.20MM | $0.47MM | $0.04MM |
| Profit(Loss)* | $-28.15MM | $-73.94MM | $-154.91MM |
| Stockholders Equity | $687.74MM | $720.47MM | $561.99MM |
| Assets | $2,414.14MM | $1,841.72MM | $973.86MM |
| Operating Cash Flow | $-136.00MM | $-117.92MM | $-53.06MM |
| Capital expenditure | $248.12MM | $574.15MM | $0.00MM |
| Investing Cash Flow | $260.71MM | $586.08MM | $732.91MM |
| Financing Cash Flow | $-161.21MM | $-436.97MM | $-675.09MM |
| Earnings Per Share** | $-0.66 | $-1.49 | $-2.76 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.