ARMADA HOFFLER PROPERTIES IN (AHH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AHH - US04208T1088 - REIT
6.85 USD
+0.06 (+0.88%)
6.87 USD
+0.02 (+0.29%)
Taking everything into account, AHH scores 4 out of 10 in our fundamental rating. AHH was compared to 126 industry peers in the Diversified REITs industry. AHH has a bad profitability rating. Also its financial health evaluation is rather negative. AHH is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AHH was profitable.
AHH had a positive operating cash flow in the past year.
AHH had positive earnings in 4 of the past 5 years.
In the past 5 years AHH always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of AHH (0.59%) is comparable to the rest of the industry.
AHH has a Return On Equity (2.37%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 2.78%, AHH is in line with its industry, outperforming 50.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AHH is in line with the industry average of 3.06%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.59% | ||
| ROE | 2.37% | ||
| ROIC | 2.78% |
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 of 3.32%. This is comparable to the rest of the industry: AHH outperforms 46.03% of its industry peers.
AHH's Profit Margin has declined in the last couple of years.
AHH has a Operating Margin (17.49%) which is comparable to the rest of the industry.
AHH's Operating Margin has declined in the last couple of years.
AHH has a Gross Margin of 42.97%. This is amonst the worse of the industry: AHH underperforms 80.16% of its industry peers.
AHH's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.49% | ||
| PM (TTM) | 3.32% | ||
| GM | 42.97% |
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.
Compared to 1 year ago, AHH has more shares outstanding
Compared to 5 years ago, AHH has more shares outstanding
The debt/assets ratio for AHH has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.36, we must say that AHH is in the distress zone and has some risk of bankruptcy.
AHH has a Altman-Z score of 0.36. This is comparable to the rest of the industry: AHH outperforms 42.86% of its industry peers.
AHH has a debt to FCF ratio of 3036.42. This is a negative value and a sign of low solvency as AHH would need 3036.42 years to pay back of all of its debts.
AHH has a Debt to FCF ratio of 3036.42. This is in the better half of the industry: AHH outperforms 60.32% of its industry peers.
AHH has a Debt/Equity ratio of 2.42. This is a high value indicating a heavy dependency on external financing.
AHH's Debt to Equity ratio of 2.42 is on the low side compared to the rest of the industry. AHH is outperformed by 75.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 3036.42 | ||
| Altman-Z | 0.36 |
ROIC/WACC0.41
WACC6.86%
2.3 Liquidity
AHH has a Current Ratio of 1.00. This is a normal value and indicates that AHH is financially healthy and should not expect problems in meeting its short term obligations.
AHH has a Current ratio (1.00) which is in line with its industry peers.
A Quick Ratio of 0.97 indicates that AHH may have some problems paying its short term obligations.
AHH has a Quick ratio (0.97) which is comparable to the rest of the 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.
Measured over the past years, AHH shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.62% on average per year.
AHH shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -39.94%.
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)-39.94%
Revenue growth 3Y35.61%
Revenue growth 5Y22.46%
Sales Q2Q%0.18%
3.2 Future
The Earnings Per Share is expected to decrease by -20.37% on average over the next years. This is quite bad
Based on estimates for the next years, AHH will show a small growth in Revenue. The Revenue will grow by 4.19% on average per year.
EPS Next Y-82.18%
EPS Next 2Y-40.29%
EPS Next 3Y-20.37%
EPS Next 5YN/A
Revenue Next Year3.64%
Revenue Next 2Y4.3%
Revenue Next 3Y4.79%
Revenue Next 5Y4.19%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
AHH is valuated rather expensively with a Price/Earnings ratio of 19.57.
Based on the Price/Earnings ratio, AHH is valued cheaper than 84.13% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.19, AHH is valued a bit cheaper.
AHH is valuated quite expensively with a Price/Forward Earnings ratio of 56.52.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AHH indicates a somewhat cheap valuation: AHH is cheaper than 60.32% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.92, AHH is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.57 | ||
| Fwd PE | 56.52 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AHH indicates a somewhat cheap valuation: AHH is cheaper than 68.25% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, AHH is valued a bit cheaper than 60.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1365.65 | ||
| EV/EBITDA | 12.98 |
4.3 Compensation for Growth
AHH's earnings are expected to decrease with -20.37% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-40.29%
EPS Next 3Y-20.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.07%, AHH is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.86, AHH pays a bit more dividend than its industry peers.
AHH's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.07% |
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.
AHH has decreased its dividend recently.
Dividend Growth(5Y)-0.2%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
600.47% of the earnings are spent on dividend by AHH. This is not a sustainable payout ratio.
The Dividend Rate of AHH has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP600.47%
EPS Next 2Y-40.29%
EPS Next 3Y-20.37%
6.85
+0.06 (+0.88%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners78.11%
Inst Owner Change-0.1%
Ins Owners0.63%
Ins Owner Change-4.13%
Market Cap710.14M
Revenue(TTM)454.59M
Net Income(TTM)15.11M
Analysts80
Price Target8.16 (19.12%)
Short Float %3.94%
Short Ratio3.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.07% |
Yearly Dividend1.15
Dividend Growth(5Y)-0.2%
DP600.47%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)110.59%
Min EPS beat(2)-188.01%
Max EPS beat(2)409.19%
EPS beat(4)2
Avg EPS beat(4)157.94%
Min EPS beat(4)-347.52%
Max EPS beat(4)758.09%
EPS beat(8)3
Avg EPS beat(8)54.5%
EPS beat(12)5
Avg EPS beat(12)33.16%
EPS beat(16)9
Avg EPS beat(16)63.63%
Revenue beat(2)2
Avg Revenue beat(2)0.85%
Min Revenue beat(2)0.12%
Max Revenue beat(2)1.58%
Revenue beat(4)2
Avg Revenue beat(4)-1.21%
Min Revenue beat(4)-6.51%
Max Revenue beat(4)1.58%
Revenue beat(8)5
Avg Revenue beat(8)-0.68%
Revenue beat(12)8
Avg Revenue beat(12)14.74%
Revenue beat(16)12
Avg Revenue beat(16)30.94%
PT rev (1m)0%
PT rev (3m)-3.61%
EPS NQ rev (1m)60%
EPS NQ rev (3m)-11.11%
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)0.64%
Revenue NQ rev (3m)2.15%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.57 | ||
| Fwd PE | 56.52 | ||
| P/S | 1.56 | ||
| P/FCF | 1365.65 | ||
| P/OCF | 12.18 | ||
| P/B | 1.11 | ||
| P/tB | 1.27 | ||
| EV/EBITDA | 12.98 |
EPS(TTM)0.35
EY5.11%
EPS(NY)0.12
Fwd EY1.77%
FCF(TTM)0.01
FCFY0.07%
OCF(TTM)0.56
OCFY8.21%
SpS4.38
BVpS6.16
TBVpS5.39
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.59% | ||
| ROE | 2.37% | ||
| ROCE | 3.27% | ||
| ROIC | 2.78% | ||
| ROICexc | 2.84% | ||
| ROICexgc | 3.02% | ||
| OM | 17.49% | ||
| PM (TTM) | 3.32% | ||
| GM | 42.97% | ||
| FCFM | 0.11% |
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 Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 3036.42 | ||
| Debt/EBITDA | 8.95 | ||
| Cap/Depr | 61.9% | ||
| Cap/Sales | 12.71% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 33.73% | ||
| Profit Quality | 3.44% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 0.36 |
F-Score6
WACC6.86%
ROIC/WACC0.41
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-82.18%
EPS Next 2Y-40.29%
EPS Next 3Y-20.37%
EPS Next 5YN/A
Revenue 1Y (TTM)-39.94%
Revenue growth 3Y35.61%
Revenue growth 5Y22.46%
Sales Q2Q%0.18%
Revenue Next Year3.64%
Revenue Next 2Y4.3%
Revenue Next 3Y4.79%
Revenue Next 5Y4.19%
EBIT growth 1Y-2.16%
EBIT growth 3Y28.78%
EBIT growth 5Y18.79%
EBIT Next Year76.42%
EBIT Next 3Y25.9%
EBIT Next 5Y18.02%
FCF growth 1Y-92%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-50.13%
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.
Can you provide the valuation status for ARMADA HOFFLER PROPERTIES IN?
ChartMill assigns a valuation rating of 3 / 10 to ARMADA HOFFLER PROPERTIES IN (AHH). This can be considered as Overvalued.
What is the profitability of AHH stock?
ARMADA HOFFLER PROPERTIES IN (AHH) has a profitability rating of 3 / 10.
What are the PE and PB ratios of ARMADA HOFFLER PROPERTIES IN (AHH) stock?
The Price/Earnings (PE) ratio for ARMADA HOFFLER PROPERTIES IN (AHH) is 19.57 and the Price/Book (PB) ratio is 1.11.
Can you provide the financial health for AHH stock?
The financial health rating of ARMADA HOFFLER PROPERTIES IN (AHH) is 2 / 10.