ACADIA REALTY TRUST (AKR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AKR - US0042391096 - REIT
20.58 USD
-0.02 (-0.1%)
20.58 USD
0 (0%)
AKR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 128 industry peers in the Diversified REITs industry. There are concerns on the financial health of AKR while its profitability can be described as average. AKR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
AKR had positive earnings in the past year.
AKR had a positive operating cash flow in the past year.
In multiple years AKR reported negative net income over the last 5 years.
Each year in the past 5 years AKR had a positive operating cash flow.
1.2 Ratios
AKR has a Return On Assets (0.32%) which is in line with its industry peers.
AKR's Return On Equity of 0.69% is in line compared to the rest of the industry. AKR outperforms 43.75% of its industry peers.
With a Return On Invested Capital value of 1.38%, AKR is not doing good in the industry: 78.13% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for AKR is below the industry average of 3.05%.
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 has a Profit Margin (3.88%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of AKR has declined.
AKR has a Operating Margin of 20.51%. This is comparable to the rest of the industry: AKR outperforms 48.44% of its industry peers.
AKR's Operating Margin has improved in the last couple of years.
AKR has a better Gross Margin (70.28%) than 60.16% of its industry peers.
In the last couple of years the Gross Margin of AKR has remained more or less at the same level.
| 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
AKR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
AKR has more shares outstanding than it did 1 year ago.
The number of shares outstanding for AKR has been increased compared to 5 years ago.
AKR has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.64, we must say that AKR is in the distress zone and has some risk of bankruptcy.
AKR has a Altman-Z score (0.64) which is in line with its industry peers.
A Debt/Equity ratio of 0.84 indicates that AKR is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.84, AKR is in the better half of the industry, outperforming 70.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.64 |
ROIC/WACC0.18
WACC7.47%
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 better Current ratio (1.61) than 74.22% of its industry peers.
A Quick Ratio of 0.83 indicates that AKR may have some problems paying its short term obligations.
The Quick ratio of AKR (0.83) 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.
AKR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.49%.
The Revenue has been growing slightly by 4.43% on average over the past years.
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
AKR is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -26.71% yearly.
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 Y9.53%
EPS Next 2Y33.52%
EPS Next 3Y22.78%
EPS Next 5Y-26.71%
Revenue Next Year14.4%
Revenue Next 2Y15.29%
Revenue Next 3Y15.37%
Revenue Next 5Y14.1%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
Based on the Price/Earnings ratio of 158.31, the valuation of AKR can be described as expensive.
63.28% of the companies in the same industry are cheaper than AKR, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.39. AKR is valued rather expensively when compared to this.
AKR is valuated quite expensively with a Price/Forward Earnings ratio of 60.44.
AKR's Price/Forward Earnings ratio is in line with the industry average.
AKR's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 158.31 | ||
| Fwd PE | 60.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AKR is valued expensively inside the industry as 82.03% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.36 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as AKR's earnings are expected to grow with 22.78% in the coming years.
PEG (NY)16.6
PEG (5Y)N/A
EPS Next 2Y33.52%
EPS Next 3Y22.78%
5. Dividend
5.1 Amount
AKR has a Yearly Dividend Yield of 3.90%.
AKR's Dividend Yield is slightly below the industry average, which is at 6.33.
Compared to an average S&P500 Dividend Yield of 1.87, AKR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
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
AKR pays out 624.24% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of AKR has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP624.24%
EPS Next 2Y33.52%
EPS Next 3Y22.78%
20.58
-0.02 (-0.1%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners122.15%
Inst Owner Change16.88%
Ins Owners0.48%
Ins Owner Change0%
Market Cap2.70B
Revenue(TTM)399.33M
Net Income(TTM)15.50M
Analysts81.67
Price Target22.95 (11.52%)
Short Float %14.38%
Short Ratio14.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
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)-1.46%
EPS NQ rev (1m)-1.48%
EPS NQ rev (3m)-7.56%
EPS NY rev (1m)-14.87%
EPS NY rev (3m)-27.06%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)2.06%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 158.31 | ||
| Fwd PE | 60.44 | ||
| P/S | 6.75 | ||
| P/FCF | N/A | ||
| P/OCF | 16.56 | ||
| P/B | 1.2 | ||
| P/tB | 1.28 | ||
| EV/EBITDA | 19.36 |
EPS(TTM)0.13
EY0.63%
EPS(NY)0.34
Fwd EY1.65%
FCF(TTM)-3.52
FCFYN/A
OCF(TTM)1.24
OCFY6.04%
SpS3.05
BVpS17.14
TBVpS16.09
PEG (NY)16.6
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 | 0.64 |
F-Score5
WACC7.47%
ROIC/WACC0.18
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 Y9.53%
EPS Next 2Y33.52%
EPS Next 3Y22.78%
EPS Next 5Y-26.71%
Revenue 1Y (TTM)13.49%
Revenue growth 3Y7.14%
Revenue growth 5Y4.43%
Sales Q2Q%15.11%
Revenue Next Year14.4%
Revenue Next 2Y15.29%
Revenue Next 3Y15.37%
Revenue Next 5Y14.1%
EBIT growth 1Y35.72%
EBIT growth 3Y31.32%
EBIT growth 5Y8.91%
EBIT Next Year223.17%
EBIT Next 3Y57.75%
EBIT Next 5Y46.79%
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 3 / 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 3 / 10 and the dividend payout ratio is 624.24%.