ARMADA HOFFLER PROPERTIES IN (AHH) Stock Fundamental Analysis
USA - NYSE:AHH - US04208T1088 - REIT
6.28 USD
+0.05 (+0.8%)
6.28 USD
0 (0%)
Overall AHH gets a fundamental rating of 3 out of 10. We evaluated AHH against 128 industry peers in the Diversified REITs industry. Both the profitability and financial health of AHH have multiple concerns. AHH has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
AHH had positive earnings in the past year.
AHH had a positive operating cash flow in the past year.
AHH had positive earnings in 4 of the past 5 years.
Each year in the past 5 years AHH had a positive operating cash flow.
1.2 Ratios
AHH's Return On Assets of 0.39% is in line compared to the rest of the industry. AHH outperforms 47.66% of its industry peers.
AHH has a Return On Equity (1.53%) which is in line with its industry peers.
AHH's Return On Invested Capital of 2.85% is in line compared to the rest of the industry. AHH outperforms 53.13% of its industry peers.
AHH had an Average Return On Invested Capital over the past 3 years of 3.02%. This is in line with the industry average of 3.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 1.53% | ||
| ROIC | 2.85% |
ROA(3y)1.22%
ROA(5y)1.06%
ROE(3y)4.26%
ROE(5y)3.76%
ROIC(3y)3.02%
ROIC(5y)2.68%
1.3 Margins
AHH has a Profit Margin (1.83%) which is comparable to the rest of the industry.
AHH's Profit Margin has declined in the last couple of years.
AHH has a worse Operating Margin (14.80%) than 65.63% of its industry peers.
In the last couple of years the Operating Margin of AHH has declined.
Looking at the Gross Margin, with a value of 36.25%, AHH is doing worse than 85.16% of the companies in the same industry.
AHH's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.8% | ||
| PM (TTM) | 1.83% | ||
| GM | 36.25% |
OM growth 3Y-5.03%
OM growth 5Y-3%
PM growth 3Y-2.11%
PM growth 5Y-16.54%
GM growth 3Y-13.85%
GM growth 5Y-7.04%
2. Health
2.1 Basic Checks
AHH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AHH has been increased compared to 1 year ago.
AHH has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, AHH has an improved debt to assets ratio.
2.2 Solvency
AHH has an Altman-Z score of 0.38. This is a bad value and indicates that AHH is not financially healthy and even has some risk of bankruptcy.
AHH has a Altman-Z score (0.38) which is in line with its industry peers.
The Debt to FCF ratio of AHH is 485.47, which is on the high side as it means it would take AHH, 485.47 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 485.47, AHH perfoms like the industry average, outperforming 53.91% of the companies in the same industry.
AHH has a Debt/Equity ratio of 2.31. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of AHH (2.31) is worse than 74.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.31 | ||
| Debt/FCF | 485.47 | ||
| Altman-Z | 0.38 |
ROIC/WACC0.42
WACC6.83%
2.3 Liquidity
AHH has a Current Ratio of 1.00. This is a bad value and indicates that AHH is not financially healthy enough and could expect problems in meeting its short term obligations.
AHH has a Current ratio (1.00) which is comparable to the rest of the industry.
A Quick Ratio of 0.97 indicates that AHH may have some problems paying its short term obligations.
With a Quick ratio value of 0.97, AHH perfoms like the industry average, outperforming 52.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
AHH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 284.21%, which is quite impressive.
The Earnings Per Share has been decreasing by -3.62% on average over the past years.
AHH shows a small growth in Revenue. In the last year, the Revenue has grown by 6.19%.
Measured over the past years, AHH shows a very strong growth in Revenue. The Revenue has been growing by 22.46% on average per year.
EPS 1Y (TTM)284.21%
EPS 3Y-4.47%
EPS 5Y-3.62%
EPS Q2Q%63.64%
Revenue 1Y (TTM)6.19%
Revenue growth 3Y35.61%
Revenue growth 5Y22.46%
Sales Q2Q%0.18%
3.2 Future
The Earnings Per Share is expected to decrease by -8.84% on average over the next years.
AHH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.90% yearly.
EPS Next Y-100%
EPS Next 2Y-13.82%
EPS Next 3Y-8.84%
EPS Next 5YN/A
Revenue Next Year3.68%
Revenue Next 2Y3.45%
Revenue Next 3Y3.98%
Revenue Next 5Y3.9%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 17.94 indicates a rather expensive valuation of AHH.
Compared to the rest of the industry, the Price/Earnings ratio of AHH indicates a rather cheap valuation: AHH is cheaper than 86.72% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.34. AHH is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 24.87 indicates a rather expensive valuation of AHH.
Based on the Price/Forward Earnings ratio, AHH is valued cheaply inside the industry as 85.16% of the companies are valued more expensively.
AHH's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.94 | ||
| Fwd PE | 24.87 |
4.2 Price Multiples
71.88% of the companies in the same industry are more expensive than AHH, based on the Enterprise Value to EBITDA ratio.
AHH's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 205.23 | ||
| EV/EBITDA | 12.21 |
4.3 Compensation for Growth
AHH's earnings are expected to decrease with -8.84% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-13.82%
EPS Next 3Y-8.84%
5. Dividend
5.1 Amount
AHH has a Yearly Dividend Yield of 8.71%, which is a nice return.
AHH's Dividend Yield is rather good when compared to the industry average which is at 6.28. AHH pays more dividend than 85.94% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, AHH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.71% |
5.2 History
The dividend of AHH decreases each year by -0.20%.
AHH has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of AHH decreased recently.
Dividend Growth(5Y)-0.2%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
835.66% of the earnings are spent on dividend by AHH. This is not a sustainable payout ratio.
AHH's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP835.66%
EPS Next 2Y-13.82%
EPS Next 3Y-8.84%
6.28
+0.05 (+0.8%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners80%
Inst Owner Change-2.06%
Ins Owners1%
Ins Owner Change-2.56%
Market Cap650.98M
Revenue(TTM)708.47M
Net Income(TTM)10.00M
Analysts80
Price Target8.47 (34.87%)
Short Float %2.52%
Short Ratio3.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.71% |
Yearly Dividend1.15
Dividend Growth(5Y)-0.2%
DP835.66%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)30.83%
Min EPS beat(2)-347.52%
Max EPS beat(2)409.19%
EPS beat(4)2
Avg EPS beat(4)134.56%
Min EPS beat(4)-347.52%
Max EPS beat(4)758.09%
EPS beat(8)3
Avg EPS beat(8)73.46%
EPS beat(12)6
Avg EPS beat(12)69.66%
EPS beat(16)10
Avg EPS beat(16)76.09%
Revenue beat(2)1
Avg Revenue beat(2)27.8%
Min Revenue beat(2)-0.02%
Max Revenue beat(2)55.62%
Revenue beat(4)2
Avg Revenue beat(4)13.39%
Min Revenue beat(4)-6.51%
Max Revenue beat(4)55.62%
Revenue beat(8)5
Avg Revenue beat(8)6.53%
Revenue beat(12)8
Avg Revenue beat(12)29.99%
Revenue beat(16)12
Avg Revenue beat(16)36.86%
PT rev (1m)0%
PT rev (3m)-1.19%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.5%
EPS NY rev (1m)N/A
EPS NY rev (3m)-100%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.94 | ||
| Fwd PE | 24.87 | ||
| P/S | 1.19 | ||
| P/FCF | 205.23 | ||
| P/OCF | 10.97 | ||
| P/B | 1 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 12.21 |
EPS(TTM)0.35
EY5.57%
EPS(NY)0.25
Fwd EY4.02%
FCF(TTM)0.03
FCFY0.49%
OCF(TTM)0.57
OCFY9.12%
SpS5.27
BVpS6.29
TBVpS5.48
PEG (NY)N/A
PEG (5Y)N/A
Graham Number7.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 1.53% | ||
| ROCE | 3.34% | ||
| ROIC | 2.85% | ||
| ROICexc | 2.91% | ||
| ROICexgc | 3.09% | ||
| OM | 14.8% | ||
| PM (TTM) | 1.83% | ||
| GM | 36.25% | ||
| FCFM | 0.58% |
ROA(3y)1.22%
ROA(5y)1.06%
ROE(3y)4.26%
ROE(5y)3.76%
ROIC(3y)3.02%
ROIC(5y)2.68%
ROICexc(3y)3.1%
ROICexc(5y)2.75%
ROICexgc(3y)3.34%
ROICexgc(5y)2.94%
ROCE(3y)3.55%
ROCE(5y)3.15%
ROICexgc growth 3Y20.77%
ROICexgc growth 5Y12.99%
ROICexc growth 3Y20.3%
ROICexc growth 5Y12.79%
OM growth 3Y-5.03%
OM growth 5Y-3%
PM growth 3Y-2.11%
PM growth 5Y-16.54%
GM growth 3Y-13.85%
GM growth 5Y-7.04%
F-Score6
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.31 | ||
| Debt/FCF | 485.47 | ||
| Debt/EBITDA | 8.62 | ||
| Cap/Depr | 59.82% | ||
| Cap/Sales | 10.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 33.97% | ||
| Profit Quality | 31.73% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 0.38 |
F-Score6
WACC6.83%
ROIC/WACC0.42
Cap/Depr(3y)149.29%
Cap/Depr(5y)164.85%
Cap/Sales(3y)23.05%
Cap/Sales(5y)29.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)284.21%
EPS 3Y-4.47%
EPS 5Y-3.62%
EPS Q2Q%63.64%
EPS Next Y-100%
EPS Next 2Y-13.82%
EPS Next 3Y-8.84%
EPS Next 5YN/A
Revenue 1Y (TTM)6.19%
Revenue growth 3Y35.61%
Revenue growth 5Y22.46%
Sales Q2Q%0.18%
Revenue Next Year3.68%
Revenue Next 2Y3.45%
Revenue Next 3Y3.98%
Revenue Next 5Y3.9%
EBIT growth 1Y3.11%
EBIT growth 3Y28.78%
EBIT growth 5Y18.79%
EBIT Next Year82.44%
EBIT Next 3Y27.51%
EBIT Next 5Y17.34%
FCF growth 1Y117.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-44.53%
OCF growth 3Y7.09%
OCF growth 5Y10.6%
ARMADA HOFFLER PROPERTIES IN / AHH FAQ
What is the ChartMill fundamental rating of ARMADA HOFFLER PROPERTIES IN (AHH) stock?
ChartMill assigns a fundamental rating of 3 / 10 to AHH.
What is the valuation status for AHH stock?
ChartMill assigns a valuation rating of 4 / 10 to ARMADA HOFFLER PROPERTIES IN (AHH). This can be considered as Fairly Valued.
What is the profitability of AHH stock?
ARMADA HOFFLER PROPERTIES IN (AHH) has a profitability rating of 3 / 10.
What is the earnings growth outlook for ARMADA HOFFLER PROPERTIES IN?
The Earnings per Share (EPS) of ARMADA HOFFLER PROPERTIES IN (AHH) is expected to decline by -100% in the next year.
Is the dividend of ARMADA HOFFLER PROPERTIES IN sustainable?
The dividend rating of ARMADA HOFFLER PROPERTIES IN (AHH) is 5 / 10 and the dividend payout ratio is 835.66%.