ACADIA REALTY TRUST (AKR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AKR - US0042391096 - REIT
20.15 USD
+0.5 (+2.54%)
20.15 USD
0 (0%)
AKR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 128 industry peers in the Diversified REITs industry. AKR has a medium profitability rating, but doesn't score so well on its financial health evaluation. AKR is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
AKR had positive earnings in the past year.
In the past year AKR had a positive cash flow from operations.
In multiple years AKR reported negative net income over the last 5 years.
In the past 5 years AKR always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of AKR (0.32%) is comparable to the rest of the industry.
AKR has a Return On Equity of 0.69%. This is comparable to the rest of the industry: AKR outperforms 46.88% of its industry peers.
The Return On Invested Capital of AKR (1.38%) is worse than 78.13% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AKR is below the industry average of 3.06%.
The 3 year average ROIC (1.04%) for AKR is below the current ROIC(1.38%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.32% | ||
| ROE | 0.69% | ||
| ROIC | 1.38% |
ROA(3y)0.02%
ROA(5y)0.08%
ROE(3y)0%
ROE(5y)0.17%
ROIC(3y)1.04%
ROIC(5y)N/A
1.3 Margins
AKR's Profit Margin of 3.88% is in line compared to the rest of the industry. AKR outperforms 49.22% of its industry peers.
AKR's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 20.51%, AKR perfoms like the industry average, outperforming 48.44% of the companies in the same industry.
In the last couple of years the Operating Margin of AKR has grown nicely.
With a decent Gross Margin value of 70.28%, AKR is doing good in the industry, outperforming 60.16% of the companies in the same industry.
AKR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.51% | ||
| PM (TTM) | 3.88% | ||
| GM | 70.28% |
OM growth 3Y22.58%
OM growth 5Y4.29%
PM growth 3Y-10.1%
PM growth 5Y-20.93%
GM growth 3Y1.35%
GM growth 5Y-0.09%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AKR is destroying value.
AKR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, AKR has more shares outstanding
Compared to 1 year ago, AKR has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.63, we must say that AKR is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.63, AKR is in line with its industry, outperforming 55.47% of the companies in the same industry.
A Debt/Equity ratio of 0.84 indicates that AKR is somewhat dependend on debt financing.
AKR has a Debt to Equity ratio of 0.84. This is in the better half of the industry: AKR outperforms 70.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.63 |
ROIC/WACC0.19
WACC7.39%
2.3 Liquidity
A Current Ratio of 1.61 indicates that AKR should not have too much problems paying its short term obligations.
AKR has a Current ratio of 1.61. This is in the better half of the industry: AKR outperforms 71.09% of its industry peers.
AKR has a Quick Ratio of 1.61. This is a bad value and indicates that AKR is not financially healthy enough and could expect problems in meeting its short term obligations.
AKR has a Quick ratio (0.83) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.61 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
AKR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 42.86%, which is quite impressive.
Measured over the past years, AKR shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -21.23% on average per year.
Looking at the last year, AKR shows a quite strong growth in Revenue. The Revenue has grown by 13.49% in the last year.
AKR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.43% yearly.
EPS 1Y (TTM)42.86%
EPS 3Y-9.77%
EPS 5Y-21.23%
EPS Q2Q%-57.14%
Revenue 1Y (TTM)13.49%
Revenue growth 3Y7.14%
Revenue growth 5Y4.43%
Sales Q2Q%15.11%
3.2 Future
The Earnings Per Share is expected to decrease by -26.71% on average over the next years. This is quite bad
Based on estimates for the next years, AKR will show a quite strong growth in Revenue. The Revenue will grow by 14.10% on average per year.
EPS Next Y28.67%
EPS Next 2Y36.04%
EPS Next 3Y23.71%
EPS Next 5Y-26.71%
Revenue Next Year14.59%
Revenue Next 2Y12.68%
Revenue Next 3Y12.84%
Revenue Next 5Y14.1%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
AKR is valuated quite expensively with a Price/Earnings ratio of 155.00.
Compared to the rest of the industry, the Price/Earnings ratio of AKR is on the same level as its industry peers.
When comparing the Price/Earnings ratio of AKR to the average of the S&P500 Index (25.47), we can say AKR is valued expensively.
Based on the Price/Forward Earnings ratio of 57.00, the valuation of AKR can be described as expensive.
AKR's Price/Forward Earnings is on the same level as the industry average.
AKR is valuated expensively when we compare the Price/Forward Earnings ratio to 34.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 155 | ||
| Fwd PE | 57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AKR is valued more expensive than 82.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.11 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
AKR's earnings are expected to grow with 23.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)5.41
PEG (5Y)N/A
EPS Next 2Y36.04%
EPS Next 3Y23.71%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.07%, AKR is a good candidate for dividend investing.
AKR's Dividend Yield is slightly below the industry average, which is at 6.59.
AKR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
5.2 History
The dividend of AKR decreases each year by -8.60%.
AKR has been paying a dividend for at least 10 years, so it has a reliable track record.
AKR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-8.6%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
624.24% of the earnings are spent on dividend by AKR. This is not a sustainable payout ratio.
AKR's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP624.24%
EPS Next 2Y36.04%
EPS Next 3Y23.71%
20.15
+0.5 (+2.54%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners111.52%
Inst Owner Change16.88%
Ins Owners0.48%
Ins Owner Change-0.41%
Market Cap2.64B
Revenue(TTM)399.33M
Net Income(TTM)15.50M
Analysts83.64
Price Target22.95 (13.9%)
Short Float %13.93%
Short Ratio12.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
Yearly Dividend0.71
Dividend Growth(5Y)-8.6%
DP624.24%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-78.12%
Min EPS beat(2)-89.24%
Max EPS beat(2)-67%
EPS beat(4)0
Avg EPS beat(4)-63.71%
Min EPS beat(4)-89.24%
Max EPS beat(4)-11.99%
EPS beat(8)0
Avg EPS beat(8)-75.94%
EPS beat(12)3
Avg EPS beat(12)-20.39%
EPS beat(16)5
Avg EPS beat(16)-460.81%
Revenue beat(2)2
Avg Revenue beat(2)8.24%
Min Revenue beat(2)8.2%
Max Revenue beat(2)8.29%
Revenue beat(4)4
Avg Revenue beat(4)12.51%
Min Revenue beat(4)8.2%
Max Revenue beat(4)19.77%
Revenue beat(8)8
Avg Revenue beat(8)12.8%
Revenue beat(12)12
Avg Revenue beat(12)13.34%
Revenue beat(16)16
Avg Revenue beat(16)15.76%
PT rev (1m)-1.46%
PT rev (3m)-0.44%
EPS NQ rev (1m)-2.66%
EPS NQ rev (3m)-6.17%
EPS NY rev (1m)-2.01%
EPS NY rev (3m)-14.32%
Revenue NQ rev (1m)1.08%
Revenue NQ rev (3m)1.97%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 155 | ||
| Fwd PE | 57 | ||
| P/S | 6.61 | ||
| P/FCF | N/A | ||
| P/OCF | 16.21 | ||
| P/B | 1.18 | ||
| P/tB | 1.25 | ||
| EV/EBITDA | 19.11 |
EPS(TTM)0.13
EY0.65%
EPS(NY)0.35
Fwd EY1.75%
FCF(TTM)-3.52
FCFYN/A
OCF(TTM)1.24
OCFY6.17%
SpS3.05
BVpS17.14
TBVpS16.09
PEG (NY)5.41
PEG (5Y)N/A
Graham Number7.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.32% | ||
| ROE | 0.69% | ||
| ROCE | 1.74% | ||
| ROIC | 1.38% | ||
| ROICexc | 1.39% | ||
| ROICexgc | 1.44% | ||
| OM | 20.51% | ||
| PM (TTM) | 3.88% | ||
| GM | 70.28% | ||
| FCFM | N/A |
ROA(3y)0.02%
ROA(5y)0.08%
ROE(3y)0%
ROE(5y)0.17%
ROIC(3y)1.04%
ROIC(5y)N/A
ROICexc(3y)1.04%
ROICexc(5y)N/A
ROICexgc(3y)1.08%
ROICexgc(5y)N/A
ROCE(3y)1.32%
ROCE(5y)N/A
ROICexgc growth 3Y30.54%
ROICexgc growth 5Y8.46%
ROICexc growth 3Y30.37%
ROICexc growth 5Y8.44%
OM growth 3Y22.58%
OM growth 5Y4.29%
PM growth 3Y-10.1%
PM growth 5Y-20.93%
GM growth 3Y1.35%
GM growth 5Y-0.09%
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.07 | ||
| Cap/Depr | 408.47% | ||
| Cap/Sales | 156.28% | ||
| Interest Coverage | 0.76 | ||
| Cash Conversion | 69.4% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.61 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 0.63 |
F-Score5
WACC7.39%
ROIC/WACC0.19
Cap/Depr(3y)178.12%
Cap/Depr(5y)147.55%
Cap/Sales(3y)71.71%
Cap/Sales(5y)61.48%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)42.86%
EPS 3Y-9.77%
EPS 5Y-21.23%
EPS Q2Q%-57.14%
EPS Next Y28.67%
EPS Next 2Y36.04%
EPS Next 3Y23.71%
EPS Next 5Y-26.71%
Revenue 1Y (TTM)13.49%
Revenue growth 3Y7.14%
Revenue growth 5Y4.43%
Sales Q2Q%15.11%
Revenue Next Year14.59%
Revenue Next 2Y12.68%
Revenue Next 3Y12.84%
Revenue Next 5Y14.1%
EBIT growth 1Y35.72%
EBIT growth 3Y31.32%
EBIT growth 5Y8.91%
EBIT Next Year228.27%
EBIT Next 3Y58.98%
EBIT Next 5Y46.57%
FCF growth 1Y-1476.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y10.12%
OCF growth 3Y10.18%
OCF growth 5Y1.34%
ACADIA REALTY TRUST / AKR FAQ
What is the fundamental rating for AKR stock?
ChartMill assigns a fundamental rating of 4 / 10 to AKR.
What is the valuation status of ACADIA REALTY TRUST (AKR) stock?
ChartMill assigns a valuation rating of 1 / 10 to ACADIA REALTY TRUST (AKR). This can be considered as Overvalued.
How profitable is ACADIA REALTY TRUST (AKR) stock?
ACADIA REALTY TRUST (AKR) has a profitability rating of 4 / 10.
What is the financial health of ACADIA REALTY TRUST (AKR) stock?
The financial health rating of ACADIA REALTY TRUST (AKR) is 3 / 10.
Is the dividend of ACADIA REALTY TRUST sustainable?
The dividend rating of ACADIA REALTY TRUST (AKR) is 4 / 10 and the dividend payout ratio is 624.24%.