ARMADA HOFFLER PROPERTIES IN (AHH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AHH - US04208T1088 - REIT
6.62 USD
-0.08 (-1.19%)
6.62 USD
0 (0%)
AHH gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 127 industry peers in the Diversified REITs industry. Both the profitability and financial health of AHH have multiple concerns. AHH is quite expensive at the moment. It does show 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
AHH has a Return On Assets of 0.59%. This is comparable to the rest of the industry: AHH outperforms 47.24% of its industry peers.
AHH has a Return On Equity (2.37%) which is comparable to the rest of the industry.
With a Return On Invested Capital value of 2.78%, AHH perfoms like the industry average, outperforming 49.61% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital 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
With a Profit Margin value of 3.32%, AHH perfoms like the industry average, outperforming 45.67% of the companies in the same industry.
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.
In the last couple of years the Operating Margin of AHH has declined.
With a Gross Margin value of 42.97%, AHH is not doing good in the industry: 80.31% of the companies in the same industry are doing better.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AHH 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
AHH has an Altman-Z score of 0.35. This is a bad value and indicates that AHH is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of AHH (0.35) is comparable to the rest of the industry.
The Debt to FCF ratio of AHH is 3036.42, which is on the high side as it means it would take AHH, 3036.42 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 3036.42, AHH perfoms like the industry average, outperforming 59.84% of the companies in the same industry.
AHH has a Debt/Equity ratio of 2.42. This is a high value indicating a heavy dependency on external financing.
AHH has a worse Debt to Equity ratio (2.42) than 75.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 3036.42 | ||
| Altman-Z | 0.35 |
ROIC/WACC0.41
WACC6.84%
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.
AHH has a Quick 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's Quick ratio of 0.97 is in line compared to the rest of the industry. AHH outperforms 50.39% of its industry peers.
| 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%.
AHH shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.46% yearly.
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
AHH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.19% yearly.
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
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 18.91 indicates a rather expensive valuation of AHH.
AHH's Price/Earnings ratio is rather cheap when compared to the industry. AHH is cheaper than 82.68% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.51, AHH is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 54.62, the valuation of AHH can be described as expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as AHH.
AHH is valuated expensively when we compare the Price/Forward Earnings ratio to 23.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.91 | ||
| Fwd PE | 54.62 |
4.2 Price Multiples
AHH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AHH is cheaper than 66.93% of the companies in the same industry.
AHH's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1319.8 | ||
| EV/EBITDA | 12.84 |
4.3 Compensation for Growth
A cheap valuation may be justified as AHH's earnings are expected to decrease with -20.37% in the coming years.
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 8.51%, AHH is a good candidate for dividend investing.
AHH's Dividend Yield is rather good when compared to the industry average which is at 6.43. AHH pays more dividend than 85.04% of the companies in the same industry.
AHH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.51% |
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
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%
6.62
-0.08 (-1.19%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners78.14%
Inst Owner Change-2.8%
Ins Owners0.63%
Ins Owner Change-4.08%
Market Cap686.30M
Revenue(TTM)454.59M
Net Income(TTM)15.11M
Analysts80
Price Target8.16 (23.26%)
Short Float %3.94%
Short Ratio3.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.51% |
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)-11.11%
EPS NQ rev (3m)-11.11%
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)1.07%
Revenue NQ rev (3m)2.15%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.91 | ||
| Fwd PE | 54.62 | ||
| P/S | 1.51 | ||
| P/FCF | 1319.8 | ||
| P/OCF | 11.77 | ||
| P/B | 1.07 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 12.84 |
EPS(TTM)0.35
EY5.29%
EPS(NY)0.12
Fwd EY1.83%
FCF(TTM)0.01
FCFY0.08%
OCF(TTM)0.56
OCFY8.5%
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 | 0.35 |
F-Score6
WACC6.84%
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 18.91 and the Price/Book (PB) ratio is 1.07.
Can you provide the financial health for AHH stock?
The financial health rating of ARMADA HOFFLER PROPERTIES IN (AHH) is 2 / 10.