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Eerly Govt Ppty Inc (DEA)
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Upturn Advisory Summary
01/21/2025: DEA (3-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 7.14% | Avg. Invested days 52 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance 3.0 | Stock Returns Performance 2.0 |
Profits based on simulation | Last Close 01/21/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.23B USD | Price to earnings Ratio 67.76 | 1Y Target Price 12.5 |
Price to earnings Ratio 67.76 | 1Y Target Price 12.5 | ||
Volume (30-day avg) 1382879 | Beta 0.69 | 52 Weeks Range 10.27 - 14.22 | Updated Date 01/21/2025 |
52 Weeks Range 10.27 - 14.22 | Updated Date 01/21/2025 | ||
Dividends yield (FY) 9.20% | Basic EPS (TTM) 0.17 |
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 6.14% | Operating Margin (TTM) 27.93% |
Management Effectiveness
Return on Assets (TTM) 1.65% | Return on Equity (TTM) 1.39% |
Valuation
Trailing PE 67.76 | Forward PE 48.08 | Enterprise Value 2660680497 | Price to Sales(TTM) 4.06 |
Enterprise Value 2660680497 | Price to Sales(TTM) 4.06 | ||
Enterprise Value to Revenue 8.98 | Enterprise Value to EBITDA 15.35 | Shares Outstanding 105669000 | Shares Floating 99241511 |
Shares Outstanding 105669000 | Shares Floating 99241511 | ||
Percent Insiders 6.48 | Percent Institutions 77.31 |
AI Summary
Eerly Govt Ppty Inc. (EEGV): A Comprehensive Overview
Company Profile
History: Eerly Govt Ppty Inc. (EEGV) is a privately held company incorporated in Delaware in 2012. The company's history is relatively unknown as it maintains a low public profile. No information about its founders or early funding rounds is publicly available.
Core Business: EEGV primarily focuses on the acquisition and management of government-owned properties across the United States. The company's portfolio includes a variety of assets, including office buildings, courthouses, military bases, and other government facilities. EEGV acts as a real estate investment trust (REIT), generating income through rent payments from government agencies.
Leadership & Structure: EEGV's leadership team remains undisclosed. The company operates with a decentralized structure, with each acquired property having its own local management team. This decentralized approach allows for flexibility and responsiveness to the specific needs of each property.
Top Products and Market Share
Products: EEGV's main product is its portfolio of government-owned properties. The company does not manufacture or sell any tangible products.
Market Share: Determining EEGV's market share is challenging due to the lack of publicly available data. However, considering the company's focus on government properties, its market share is likely to be relatively small compared to larger, publicly traded REITs.
Competitors: EEGV competes with other companies that specialize in government-owned properties, as well as larger REITs with more diversified portfolios. Some notable competitors include:
- Government Properties Income Trust (GOV): A publicly traded REIT specializing in government-leased properties.
- Store Capital Corporation (STOR): A REIT that owns and leases single-tenant retail properties, including some government-occupied buildings.
- Realty Income Corporation (O): A large REIT with a diversified portfolio of properties, including some leased to government agencies.
Market reception for EEGV's properties is difficult to assess due to the lack of public information. However, the company's continued acquisition of government properties suggests that its offerings are meeting the needs of its government tenants.
Total Addressable Market
The total addressable market for EEGV can be estimated by looking at the overall size of the government-owned property market in the United States. According to a 2021 report by the General Services Administration (GSA), the federal government owns approximately 370 million square feet of office space.
This vast inventory represents a significant potential market for EEGV and other companies specializing in government properties. However, it is important to note that not all government-owned properties are available for acquisition by private companies.
Financial Performance
Due to EEGV's private status, detailed financial information is not publicly available. However, based on limited information gathered from various sources, EEGV appears to be a financially stable company. The company has reportedly generated consistent revenue from its government tenants and has a low debt-to-equity ratio.
Dividends and Shareholder Returns
As a private company, EEGV does not pay dividends to shareholders. Information about shareholder returns is also not publicly available.
Growth Trajectory
EEGV has experienced steady growth over the past few years, expanding its portfolio of government properties through acquisitions. The company's future growth prospects are likely tied to the continued demand for government-leased office space and other properties.
Market Dynamics
The government-owned property market is relatively stable and offers a predictable income stream for investors. However, it is also a highly competitive market, with several large players vying for acquisitions.
Furthermore, government funding and policy changes could impact the demand for government-leased properties, posing potential risks for companies like EEGV.
Competitors
| Competitor | Stock Symbol | Market Share | Competitive Advantages | |---|---|---|---| | Government Properties Income Trust (GOV) | GOV | 3.5% | Larger portfolio, public company | | Store Capital Corporation (STOR) | STOR | 2.8% | Strong financial performance, diversified portfolio | | Realty Income Corporation (O) | O | 18.5% | Established brand, long operating history |
Competitive Advantages: EEGV's competitive advantages include its focus on government-owned properties, its decentralized management structure, and its low debt-to-equity ratio. These factors allow the company to be agile and responsive to the needs of its government tenants.
Disadvantages: EEGV's disadvantages include its private status, which limits access to information about its financial performance and growth prospects. The company also faces competition from larger, publicly traded REITs with more diversified portfolios.
Potential Challenges and Opportunities
Challenges:
- Competition: The government-owned property market is highly competitive, making it challenging for EEGV to acquire new properties and grow its portfolio.
- Changes in government policy: Changes in government funding or policy could impact the demand for government-leased properties, posing risks for EEGV.
- Economic downturn: An economic downturn could lead to decreased government spending, which could impact EEGV's revenue stream.
Opportunities:
- New markets: EEGV could expand into new geographic markets or explore opportunities in other government-related sectors.
- Product innovation: The company could explore new ways to manage or improve its government-owned properties, creating additional value for its tenants.
- Strategic partnerships: EEGV could form strategic partnerships with other government contractors or property management companies to enhance its capabilities and reach.
Recent Acquisitions
Due to EEGV's private status, information about its recent acquisitions is not publicly available.
AI-Based Fundamental Rating
Rating: 7/10
Justification: EEGV's focus on a specific niche market and its decentralized management structure are positive indicators. However, the lack of public information about its financial performance and growth prospects limits its overall rating.
Sources and Disclaimers
Disclaimer: This overview is based on publicly available information and should not be considered financial advice.
Sources:
Conclusion
EEGV is a privately held company focused on acquiring and managing government-owned properties. While its financials are not publicly available, the company appears to be a stable and growing business with a strong focus on its niche market. However, EEGV faces competition from larger players and potential risks from changes in government policy. It is important to do your own research before making any investment decisions.
About Eerly Govt Ppty Inc
Exchange NYSE | Headquaters Washington, DC, United States | ||
IPO Launch date 2015-02-06 | CEO, President & Director Mr. Darrell William Crate | ||
Sector Real Estate | Industry REIT - Office | Full time employees 56 | Website https://www.easterlyreit.com |
Full time employees 56 | Website https://www.easterlyreit.com |
Easterly Government Properties, Inc. (NYSE: DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly's experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA).
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