ARMADA HOFFLER PROPERTIES IN (AHH) Stock Fundamental Analysis
NYSE:AHH - New York Stock Exchange, Inc. - US04208T1088 - REIT
Overall AHH gets a fundamental rating of 4 out of 10. We evaluated AHH against 129 industry peers in the Diversified REITs industry. AHH has a bad profitability rating. Also its financial health evaluation is rather negative. AHH has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year AHH has reported negative net income.
In the past year AHH had a positive cash flow from operations.
Of the past 5 years AHH 4 years were profitable.
AHH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AHH has a Return On Assets of -0.57%. This is in the lower half of the industry: AHH underperforms 65.87% of its industry peers.
The Return On Equity of AHH (-2.19%) is worse than 67.46% of its industry peers.
AHH has a Return On Invested Capital of 2.97%. This is comparable to the rest of the industry: AHH outperforms 57.94% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AHH is in line with the industry average of 3.11%.
The 3 year average ROIC (2.52%) for AHH is below the current ROIC(2.97%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.57% | ||
| ROE | -2.19% | ||
| ROIC | 2.97% |
ROA(3y)1.07%
ROA(5y)1.11%
ROE(3y)3.68%
ROE(5y)4.1%
ROIC(3y)2.52%
ROIC(5y)2.36%
1.3 Margins
AHH has a worse Operating Margin (10.91%) than 78.57% of its industry peers.
AHH's Operating Margin has declined in the last couple of years.
AHH's Gross Margin of 26.72% is on the low side compared to the rest of the industry. AHH is outperformed by 92.86% of its industry peers.
AHH's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.91% | ||
| PM (TTM) | N/A | ||
| GM | 26.72% |
OM growth 3Y-1.24%
OM growth 5Y-6.56%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.53%
GM growth 5Y-7.59%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AHH is destroying value.
AHH has less shares outstanding than it did 1 year ago.
The number of shares outstanding for AHH has been increased compared to 5 years ago.
The debt/assets ratio for AHH is higher compared to a year ago.
2.2 Solvency
AHH has an Altman-Z score of 0.60. 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 of 0.60. This is comparable to the rest of the industry: AHH outperforms 48.41% of its industry peers.
The Debt to FCF ratio of AHH is 42.85, which is on the high side as it means it would take AHH, 42.85 years of fcf income to pay off all of its debts.
AHH has a Debt to FCF ratio (42.85) which is comparable to the rest of the industry.
A Debt/Equity ratio of 2.14 is on the high side and indicates that AHH has dependencies on debt financing.
AHH has a Debt to Equity ratio of 2.14. This is in the lower half of the industry: AHH underperforms 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.14 | ||
| Debt/FCF | 42.85 | ||
| Altman-Z | 0.6 |
ROIC/WACC0.52
WACC5.73%
2.3 Liquidity
AHH has a Current Ratio of 1.04. This is a normal value and indicates that AHH is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.04, AHH is doing worse than 61.11% of the companies in the same industry.
AHH has a Quick Ratio of 1.04. This is a normal value and indicates that AHH is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.04, AHH perfoms like the industry average, outperforming 43.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
AHH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -154.29%.
AHH shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.58%.
AHH shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 28.11% yearly.
EPS 1Y (TTM)-154.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-283.33%
Revenue 1Y (TTM)20.58%
Revenue growth 3Y20.26%
Revenue growth 5Y28.11%
Sales Q2Q%9.04%
3.2 Future
The Earnings Per Share is expected to grow by 86.09% on average over the next years. This is a very strong growth
AHH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.43% yearly.
EPS Next Y335.67%
EPS Next 2Y115.08%
EPS Next 3Y86.09%
EPS Next 5YN/A
Revenue Next Year7.02%
Revenue Next 2Y6.8%
Revenue Next 3Y6.43%
Revenue Next 5YN/A
3.3 Evolution
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
The Price/Earnings Ratio is negative for AHH. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 75.21, AHH can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AHH is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 24.44. AHH is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 75.21 |
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 61.90% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AHH indicates a somewhat cheap valuation: AHH is cheaper than 65.87% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.2 | ||
| EV/EBITDA | 12.98 |
4.3 Compensation for Growth
AHH's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as AHH's earnings are expected to grow with 86.09% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y115.08%
EPS Next 3Y86.09%
5. Dividend
5.1 Amount
AHH has a Yearly Dividend Yield of 8.36%, which is a nice return.
AHH's Dividend Yield is rather good when compared to the industry average which is at 18.51. AHH pays more dividend than 86.51% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.28, AHH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.36% |
5.2 History
The dividend of AHH has a limited annual growth rate of 2.19%.
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)2.19%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
The earnings of AHH are negative and hence is the payout ratio. AHH will probably not be able to sustain this dividend level.
AHH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-570.14%
EPS Next 2Y115.08%
EPS Next 3Y86.09%
ARMADA HOFFLER PROPERTIES IN
NYSE:AHH (1/22/2025, 9:47:02 AM)
9.875
-0.07 (-0.75%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners76.04%
Inst Owner Change0.23%
Ins Owners1.62%
Ins Owner Change28.47%
Market Cap1.00B
Analysts80
Price Target11.99 (21.42%)
Short Float %2.8%
Short Ratio2.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.36% |
Yearly Dividend1.2
Dividend Growth(5Y)2.19%
DP-570.14%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-172.76%
Min EPS beat(2)-281.52%
Max EPS beat(2)-64%
EPS beat(4)1
Avg EPS beat(4)-48.93%
Min EPS beat(4)-511.27%
Max EPS beat(4)661.06%
EPS beat(8)3
Avg EPS beat(8)-29.22%
EPS beat(12)7
Avg EPS beat(12)32.19%
EPS beat(16)9
Avg EPS beat(16)20.49%
Revenue beat(2)2
Avg Revenue beat(2)2.82%
Min Revenue beat(2)1.16%
Max Revenue beat(2)4.47%
Revenue beat(4)3
Avg Revenue beat(4)-0.16%
Min Revenue beat(4)-7.13%
Max Revenue beat(4)4.47%
Revenue beat(8)6
Avg Revenue beat(8)22.72%
Revenue beat(12)10
Avg Revenue beat(12)41.66%
Revenue beat(16)14
Avg Revenue beat(16)49.95%
PT rev (1m)0%
PT rev (3m)0.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)266.67%
EPS NY rev (1m)0%
EPS NY rev (3m)-56.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)8.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 75.21 | ||
| P/S | 1.32 | ||
| P/FCF | 30.2 | ||
| P/OCF | 9.42 | ||
| P/B | 1.51 | ||
| P/tB | 1.77 | ||
| EV/EBITDA | 12.98 |
EPS(TTM)-0.19
EYN/A
EPS(NY)0.13
Fwd EY1.33%
FCF(TTM)0.33
FCFY3.31%
OCF(TTM)1.05
OCFY10.61%
SpS7.47
BVpS6.55
TBVpS5.59
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.57% | ||
| ROE | -2.19% | ||
| ROCE | 3.49% | ||
| ROIC | 2.97% | ||
| ROICexc | 3.03% | ||
| ROICexgc | 3.25% | ||
| OM | 10.91% | ||
| PM (TTM) | N/A | ||
| GM | 26.72% | ||
| FCFM | 4.38% |
ROA(3y)1.07%
ROA(5y)1.11%
ROE(3y)3.68%
ROE(5y)4.1%
ROIC(3y)2.52%
ROIC(5y)2.36%
ROICexc(3y)2.56%
ROICexc(5y)2.41%
ROICexgc(3y)2.76%
ROICexgc(5y)2.57%
ROCE(3y)2.95%
ROCE(5y)2.77%
ROICexcg growth 3Y7.54%
ROICexcg growth 5Y5.36%
ROICexc growth 3Y6.86%
ROICexc growth 5Y4.65%
OM growth 3Y-1.24%
OM growth 5Y-6.56%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.53%
GM growth 5Y-7.59%
F-Score5
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.14 | ||
| Debt/FCF | 42.85 | ||
| Debt/EBITDA | 7.71 | ||
| Cap/Depr | 72.2% | ||
| Cap/Sales | 9.66% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 57.8% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 0.6 |
F-Score5
WACC5.73%
ROIC/WACC0.52
Cap/Depr(3y)192.9%
Cap/Depr(5y)257.81%
Cap/Sales(3y)36.38%
Cap/Sales(5y)50.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-154.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-283.33%
EPS Next Y335.67%
EPS Next 2Y115.08%
EPS Next 3Y86.09%
EPS Next 5YN/A
Revenue 1Y (TTM)20.58%
Revenue growth 3Y20.26%
Revenue growth 5Y28.11%
Sales Q2Q%9.04%
Revenue Next Year7.02%
Revenue Next 2Y6.8%
Revenue Next 3Y6.43%
Revenue Next 5YN/A
EBIT growth 1Y-1.45%
EBIT growth 3Y18.76%
EBIT growth 5Y19.72%
EBIT Next Year122.65%
EBIT Next 3Y32.14%
EBIT Next 5YN/A
FCF growth 1Y138.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y5.91%
OCF growth 3Y0.77%
OCF growth 5Y10.71%