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XNYS
SRG
Market cap160mUSD
Apr 28, Last price  
2.87USD
1D
0.00%
1Q
-26.92%
Jan 2017
-93.33%
IPO
-92.45%
Name

Seritage Growth Properties

Chart & Performance

D1W1MN
XNYS:SRG chart
P/E
—
P/S
9.17
EPS
—
Div Yield, %
—
Shrs. gr., 5y
9.09%
Rev. gr., 5y
-36.35%
Revenues
18m
-14.37%
273,096,000113,183,000248,674,000241,017,000214,754,000168,633,000116,495,000116,683,000107,055,00020,579,00017,622,000
Net income
-158m
L+2.28%
-4,372,000-22,338,000-51,558,000-73,754,000-73,472,000-90,603,000-152,964,000-38,985,000-120,097,000-154,911,000-158,436,000
CFO
-54m
L+0.92%
021,432,00092,425,00069,648,00054,899,000-57,660,000-47,314,000-135,996,000-117,923,000-53,061,000-53,548,000
Dividend
Mar 28, 20190.25 USD/sh
Earnings
May 08, 2025

Profile

Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 166 wholly-owned properties and 29 unconsolidated properties totaling approximately 30.4 million square feet of space across 44 states and Puerto Rico. The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015. The Company's mission is to create and own revitalized shopping, dining, entertainment and mixed-use destinations that provide enriched experiences for consumers and local communities, and create long-term value for our shareholders.
URL
https://seritage.com/
IPO date
Jun 06, 2015
Employees
32
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
17,622
-14.37%
20,579
-80.78%
107,055
-8.25%
Cost of revenue
50,295
73,398
113,354
Unusual Expense (Income)
NOPBT
(32,673)
(52,819)
(6,299)
NOPBT Margin
Operating Taxes
1,584
38
466
Tax Rate
NOPAT
(34,257)
(52,857)
(6,765)
Net income
(158,436)
2.28%
(154,911)
28.99%
(120,097)
208.06%
Dividends
(4,900)
(4,900)
(4,900)
Dividend yield
2.11%
0.93%
0.83%
Proceeds from repurchase of equity
(586)
(315)
BB yield
0.25%
0.06%
Debt
Debt current
1,151
1,029,754
Long-term debt
240,000
374,047
1,041,586
Deferred revenue
(848)
1,119,122
Other long-term liabilities
(1,118,540)
Net debt
(34,905)
241,197
1,555,263
Cash flow
Cash from operating activities
(53,548)
(53,061)
(117,923)
CAPEX
(574,151)
Cash from investing activities
126,870
732,911
586,079
Cash from financing activities
(125,313)
(675,089)
(436,970)
FCF
(34,257)
767,356
(880,324)
Balance
Cash
85,206
134,001
133,480
Long term investments
189,699
382,597
Excess cash
274,024
132,972
510,724
Stockholders' equity
(956,869)
(798,578)
(637,812)
Invested Capital
1,602,672
1,729,341
3,417,779
ROIC
ROCE
EV
Common stock shares outstanding
56,255
56,151
49,729
Price
4.12
-55.94%
9.35
-20.96%
11.83
-10.85%
Market cap
231,771
-55.85%
525,012
-10.76%
588,294
4.58%
EV
198,213
767,411
2,145,715
EBITDA
(19,555)
(38,348)
35,038
EV/EBITDA
61.24
Interest
24,972
86,730
Interest/NOPBT