(MAC) Macerich - Ratings and Ratios
Shopping Centers, Retail Real Estate, Mall Portfolio
MAC EPS (Earnings per Share)
MAC Revenue
Description: MAC Macerich
Macerich Company is a real estate investment trust (REIT) specializing in high-quality retail properties in densely populated US markets, with a focus on sustainability and community development. The companys portfolio comprises 38 retail centers across 41 million square feet, primarily located in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor.
From a financial perspective, Macerichs market capitalization stands at approximately $4.67 billion. To evaluate the companys performance, key metrics such as Funds From Operations (FFO) per share, Net Operating Income (NOI) growth, and occupancy rates are essential. A review of these KPIs would provide insight into Macerichs ability to generate cash flow, manage its properties, and maintain a strong portfolio. Additionally, metrics like the companys debt-to-equity ratio and interest coverage ratio would be crucial in assessing its financial health and leverage.
Macerichs commitment to sustainability is evident in its achievement of a #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for ten consecutive years. This dedication to environmental goals, social good, and sound corporate governance is a valuable aspect of the companys overall strategy. To further analyze this, one could examine the companys energy consumption, greenhouse gas emissions, and water usage, as well as its initiatives to promote social responsibility and community engagement.
To make an informed investment decision, it is essential to analyze Macerichs financials, operational performance, and industry trends. This includes evaluating the companys dividend yield, payout ratio, and dividend growth, as well as its ability to adapt to changing market conditions, such as shifts in consumer behavior and the rise of e-commerce. By examining these factors, one can gain a comprehensive understanding of Macerichs strengths, weaknesses, and potential opportunities for growth.
MAC Stock Overview
| Market Cap in USD | 4,964m |
| Sub-Industry | Retail REITs |
| IPO / Inception | 1994-03-09 |
MAC Stock Ratings
| Growth Rating | 41.8% |
| Fundamental | 52.4% |
| Dividend Rating | 54.3% |
| Return 12m vs S&P 500 | -5.32% |
| Analyst Rating | 3.40 of 5 |
MAC Dividends
| Dividend Yield 12m | 3.86% |
| Yield on Cost 5y | 11.56% |
| Annual Growth 5y | -9.98% |
| Payout Consistency | 93.6% |
| Payout Ratio | 188.9% |
MAC Growth Ratios
| Growth Correlation 3m | 88.2% |
| Growth Correlation 12m | -41.3% |
| Growth Correlation 5y | 58.6% |
| CAGR 5y | 33.66% |
| CAGR/Max DD 3y | 0.85 |
| CAGR/Mean DD 3y | 2.75 |
| Sharpe Ratio 12m | 0.28 |
| Alpha | 0.01 |
| Beta | 0.929 |
| Volatility | 33.33% |
| Current Volume | 1923.6k |
| Average Volume 20d | 1609.4k |
| Stop Loss | 17.4 (-3.3%) |
| Signal | -0.36 |
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income (-410.4m TTM) > 0 and > 6% of Revenue (6% = 59.6m TTM) |
| FCFTA 0.04 (>2.0%) and ΔFCFTA -0.07pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -31.89% (prev -27.29%; Δ -4.60pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.04 (>3.0%) and CFO 313.9m > Net Income -410.4m (YES >=105%, WARN >=100%) |
| Net Debt (5.26b) to EBITDA (487.2m) ratio: 10.80 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.53 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (253.1m) change vs 12m ago 17.07% (target <= -2.0% for YES) |
| Gross Margin 54.04% (prev 54.17%; Δ -0.14pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 12.03% (prev 11.32%; Δ 0.71pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 0.58 (EBITDA TTM 487.2m / Interest Expense TTM 253.3m) >= 6 (WARN >= 3) |
Altman Z'' -2.08
| (A) -0.04 = (Total Current Assets 358.2m - Total Current Liabilities 674.8m) / Total Assets 8.73b |
| (B) -0.41 = Retained Earnings (Balance) -3.58b / Total Assets 8.73b |
| (C) 0.02 = EBIT TTM 146.1m / Avg Total Assets 8.25b |
| (D) -0.59 = Book Value of Equity -3.58b / Total Liabilities 6.07b |
| Total Rating: -2.08 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 52.37
| 1. Piotroski 2.0pt = -3.0 |
| 2. FCF Yield 2.90% = 1.45 |
| 3. FCF Margin 31.62% = 7.50 |
| 4. Debt/Equity 2.32 = 0.28 |
| 5. Debt/Ebitda 12.30 = -2.50 |
| 6. ROIC - WACC (= -3.28)% = -4.10 |
| 7. RoE -15.61% = -2.50 |
| 8. Rev. Trend 64.56% = 4.84 |
| 9. EPS Trend 7.74% = 0.39 |
What is the price of MAC shares?
Over the past week, the price has changed by -0.39%, over one month by +6.05%, over three months by +13.05% and over the past year by +12.41%.
Is Macerich a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MAC is around 19.72 USD . This means that MAC is currently overvalued and has a potential downside of 9.56%.
Is MAC a buy, sell or hold?
- Strong Buy: 4
- Buy: 1
- Hold: 8
- Sell: 1
- Strong Sell: 1
What are the forecasts/targets for the MAC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 19.4 | 7.8% |
| Analysts Target Price | 19.4 | 7.8% |
| ValueRay Target Price | 21.3 | 18.1% |
Last update: 2025-09-08 04:44
MAC Fundamental Data Overview
CCE Cash And Equivalents = 131.1m USD (Cash And Short Term Investments, last quarter)
P/E Forward = 500.0
P/S = 4.7317
P/B = 1.8331
P/EG = -485.0
Beta = 2.25
Revenue TTM = 992.9m USD
EBIT TTM = 146.1m USD
EBITDA TTM = 487.2m USD
Long Term Debt = 5.32b USD (from longTermDebt, last quarter)
Short Term Debt = 674.8m USD (from totalCurrentLiabilities, last quarter)
Debt = 5.99b USD (Calculated: Short Term 674.8m + Long Term 5.32b)
Net Debt = 5.26b USD (from netDebt column, last quarter)
Enterprise Value = 10.83b USD (4.96b + Debt 5.99b - CCE 131.1m)
Interest Coverage Ratio = 0.58 (Ebit TTM 146.1m / Interest Expense TTM 253.3m)
FCF Yield = 2.90% (FCF TTM 313.9m / Enterprise Value 10.83b)
FCF Margin = 31.62% (FCF TTM 313.9m / Revenue TTM 992.9m)
Net Margin = -41.34% (Net Income TTM -410.4m / Revenue TTM 992.9m)
Gross Margin = 54.04% ((Revenue TTM 992.9m - Cost of Revenue TTM 456.4m) / Revenue TTM)
Tobins Q-Ratio = -3.02 (set to none) (Enterprise Value 10.83b / Book Value Of Equity -3.58b)
Interest Expense / Debt = 1.20% (Interest Expense 71.9m / Debt 5.99b)
Taxrate = 21.0% (US default)
NOPAT = 115.4m (EBIT 146.1m * (1 - 21.00%))
Current Ratio = 0.53 (Total Current Assets 358.2m / Total Current Liabilities 674.8m)
Debt / Equity = 2.32 (Debt 5.99b / last Quarter total Stockholder Equity 2.59b)
Debt / EBITDA = 12.30 (Net Debt 5.26b / EBITDA 487.2m)
Debt / FCF = 19.10 (Debt 5.99b / FCF TTM 313.9m)
Total Stockholder Equity = 2.63b (last 4 quarters mean)
RoA = -4.70% (Net Income -410.4m, Total Assets 8.73b )
RoE = -15.61% (Net Income TTM -410.4m / Total Stockholder Equity 2.63b)
RoCE = 1.84% (Ebit 146.1m / (Equity 2.63b + L.T.Debt 5.32b))
RoIC = 1.52% (NOPAT 115.4m / Invested Capital 7.60b)
WACC = 4.79% (E(4.96b)/V(10.96b) * Re(9.44%)) + (D(5.99b)/V(10.96b) * Rd(1.20%) * (1-Tc(0.21)))
Shares Correlation 3-Years: 100.00 | Cagr: 1.49%
Discount Rate = 9.44% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 73.84% ; FCFE base≈302.5m ; Y1≈311.5m ; Y5≈350.5m
Fair Price DCF = 19.13 (DCF Value 4.84b / Shares Outstanding 252.8m; 5y FCF grow 2.98% → 3.0% )
EPS Correlation: 7.74 | EPS CAGR: -2.87% | SUE: -0.12 | # QB: 0
Revenue Correlation: 64.56 | Revenue CAGR: 6.38%
Additional Sources for MAC Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle