ARMADA HOFFLER PROPERTIES IN (AHH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AHH - US04208T1088 - REIT
6.46 USD
-0.03 (-0.46%)
6.41 USD
-0.05 (-0.77%)
Taking everything into account, AHH scores 3 out of 10 in our fundamental rating. AHH was compared to 128 industry peers in the Diversified REITs industry. AHH has a bad profitability rating. Also its financial health evaluation is rather negative. 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.
Of the past 5 years AHH 4 years were profitable.
Each year in the past 5 years AHH had a positive operating cash flow.
1.2 Ratios
AHH has a Return On Assets of 0.59%. This is comparable to the rest of the industry: AHH outperforms 46.88% of its industry peers.
The Return On Equity of AHH (2.37%) is comparable to the rest of the industry.
AHH has a Return On Invested Capital of 2.78%. This is comparable to the rest of the industry: AHH outperforms 49.22% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AHH is in line with the industry average of 3.05%.
| 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
Looking at the Profit Margin, with a value of 3.32%, AHH is in line with its industry, outperforming 45.31% of the companies in the same industry.
In the last couple of years the Profit Margin of AHH has declined.
The Operating Margin of AHH (17.49%) is worse than 60.16% of its industry peers.
In the last couple of years the Operating Margin of AHH has declined.
AHH has a worse Gross Margin (42.97%) than 81.25% of its industry peers.
In the last couple of years the Gross Margin of AHH has declined.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AHH is destroying value.
Compared to 1 year ago, AHH has more shares outstanding
AHH has more shares outstanding than it did 5 years ago.
AHH has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.35, we must say that AHH is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.35, AHH perfoms like the industry average, outperforming 42.97% of the companies in the same 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.
AHH has a Debt to FCF ratio of 3036.42. This is comparable to the rest of the industry: AHH outperforms 58.59% 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.
The Debt to Equity ratio of AHH (2.42) is worse than 75.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 3036.42 | ||
| Altman-Z | 0.35 |
ROIC/WACC0.41
WACC6.81%
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's Quick ratio of 0.97 is in line compared to the rest of the industry. AHH outperforms 49.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 284.21% over the past year.
The Earnings Per Share has been decreasing by -3.62% on average over the past years.
AHH shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -39.94%.
The Revenue has been growing by 22.46% on average over the past years. This is a very strong growth!
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
AHH is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -15.24% yearly.
The Revenue is expected to grow by 4.19% on average over the next years.
EPS Next Y-100%
EPS Next 2Y-27.9%
EPS Next 3Y-15.24%
EPS Next 5YN/A
Revenue Next Year3.68%
Revenue Next 2Y4.18%
Revenue Next 3Y4.59%
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.
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
Based on the Price/Earnings ratio of 18.46, the valuation of AHH can be described as rather expensive.
Based on the Price/Earnings ratio, AHH is valued cheaper than 83.59% of the companies in the same industry.
AHH's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.49.
AHH is valuated quite expensively with a Price/Forward Earnings ratio of 36.55.
69.53% of the companies in the same industry are more expensive than AHH, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, AHH is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.46 | ||
| Fwd PE | 36.55 |
4.2 Price Multiples
AHH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AHH is cheaper than 67.19% of the companies in the same industry.
AHH's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1287.9 | ||
| EV/EBITDA | 12.74 |
4.3 Compensation for Growth
A cheap valuation may be justified as AHH's earnings are expected to decrease with -15.24% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-27.9%
EPS Next 3Y-15.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.63%, AHH is a good candidate for dividend investing.
AHH's Dividend Yield is rather good when compared to the industry average which is at 6.59. AHH pays more dividend than 85.16% of the companies in the same industry.
AHH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.63% |
5.2 History
The dividend of AHH decreases each year by -0.20%.
AHH has paid a dividend for at least 10 years, which is 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.
AHH's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP600.47%
EPS Next 2Y-27.9%
EPS Next 3Y-15.24%
6.46
-0.03 (-0.46%)
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-2.56%
Market Cap669.71M
Revenue(TTM)454.59M
Net Income(TTM)15.11M
Analysts80
Price Target8.16 (26.32%)
Short Float %2.67%
Short Ratio2.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.63% |
Yearly Dividend1.15
Dividend Growth(5Y)-0.2%
DP600.47%
Div Incr Years1
Div Non Decr Years1
Ex-Date
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)28.6%
Min Revenue beat(2)1.58%
Max Revenue beat(2)55.62%
Revenue beat(4)2
Avg Revenue beat(4)12.67%
Min Revenue beat(4)-6.51%
Max Revenue beat(4)55.62%
Revenue beat(8)5
Avg Revenue beat(8)6.25%
Revenue beat(12)8
Avg Revenue beat(12)19.37%
Revenue beat(16)12
Avg Revenue beat(16)34.41%
PT rev (1m)-3.61%
PT rev (3m)-3.61%
EPS NQ rev (1m)-44.44%
EPS NQ rev (3m)-16.67%
EPS NY rev (1m)N/A
EPS NY rev (3m)-100%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)2.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.46 | ||
| Fwd PE | 36.55 | ||
| P/S | 1.47 | ||
| P/FCF | 1287.9 | ||
| P/OCF | 11.49 | ||
| P/B | 1.05 | ||
| P/tB | 1.2 | ||
| EV/EBITDA | 12.74 |
EPS(TTM)0.35
EY5.42%
EPS(NY)0.18
Fwd EY2.74%
FCF(TTM)0.01
FCFY0.08%
OCF(TTM)0.56
OCFY8.71%
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
WACC6.81%
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-100%
EPS Next 2Y-27.9%
EPS Next 3Y-15.24%
EPS Next 5YN/A
Revenue 1Y (TTM)-39.94%
Revenue growth 3Y35.61%
Revenue growth 5Y22.46%
Sales Q2Q%0.18%
Revenue Next Year3.68%
Revenue Next 2Y4.18%
Revenue Next 3Y4.59%
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.
What is the valuation status for AHH stock?
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 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 600.47%.