ACADIA REALTY TRUST (AKR) Stock Fundamental Analysis
USA - NYSE:AKR - US0042391096 - REIT
20.25 USD
+0.3 (+1.5%)
20.25 USD
0 (0%)
Overall AKR gets a fundamental rating of 3 out of 10. We evaluated AKR against 127 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
In the past year AKR was profitable.
AKR had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AKR reported negative net income in multiple years.
In the past 5 years AKR always reported a positive cash flow from operatings.
1.2 Ratios
AKR has a Return On Assets (0.39%) which is comparable to the rest of the industry.
AKR has a Return On Equity (0.85%) which is comparable to the rest of the industry.
AKR's Return On Invested Capital of 1.29% is on the low side compared to the rest of the industry. AKR is outperformed by 78.74% of its industry peers.
AKR had an Average Return On Invested Capital over the past 3 years of 1.04%. This is below the industry average of 3.07%.
The last Return On Invested Capital (1.29%) for AKR is above the 3 year average (1.04%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 0.85% | ||
| ROIC | 1.29% |
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 (4.98%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of AKR has declined.
Looking at the Operating Margin, with a value of 19.86%, AKR is in line with its industry, outperforming 48.03% of the companies in the same industry.
In the last couple of years the Operating Margin of AKR has grown nicely.
With a Gross Margin value of 70.01%, AKR perfoms like the industry average, outperforming 59.84% of the companies in the same industry.
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 | 19.86% | ||
| PM (TTM) | 4.98% | ||
| GM | 70.01% |
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.
Compared to 1 year ago, AKR has more shares outstanding
Compared to 5 years ago, AKR has more shares outstanding
AKR has a better debt/assets ratio than last year.
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.
The Altman-Z score of AKR (0.63) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.81 indicates that AKR is somewhat dependend on debt financing.
The Debt to Equity ratio of AKR (0.81) is better than 72.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.63 |
ROIC/WACC0.17
WACC7.43%
2.3 Liquidity
AKR has a Current Ratio of 1.60. This is a normal value and indicates that AKR is financially healthy and should not expect problems in meeting its short term obligations.
AKR has a better Current ratio (1.60) than 70.08% of its industry peers.
A Quick Ratio of 0.75 indicates that AKR may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.75, AKR is doing worse than 60.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.6 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 42.86% over the past year.
AKR shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -21.23% yearly.
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
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.
The Revenue is expected to grow by 14.10% on average over the next years. This is quite good.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 155.77, AKR can be considered very expensive at the moment.
Based on the Price/Earnings ratio, AKR is valued a bit more expensive than the industry average as 62.99% of the companies are valued more cheaply.
AKR's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.83.
The Price/Forward Earnings ratio is 57.28, which means the current valuation is very expensive for AKR.
The rest of the industry has a similar Price/Forward Earnings ratio as AKR.
The average S&P500 Price/Forward Earnings ratio is at 32.68. AKR is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 155.77 | ||
| Fwd PE | 57.28 |
4.2 Price Multiples
AKR's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. AKR is more expensive than 84.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.58 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AKR does not grow enough to justify the current Price/Earnings ratio.
AKR's earnings are expected to grow with 23.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)5.43
PEG (5Y)N/A
EPS Next 2Y36.04%
EPS Next 3Y23.71%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.05%, AKR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.21, AKR is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.39, AKR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
5.2 History
The dividend of AKR decreases each year by -8.60%.
AKR has paid a dividend for at least 10 years, which is 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
465.74% of the earnings are spent on dividend by AKR. 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.
DP465.74%
EPS Next 2Y36.04%
EPS Next 3Y23.71%
20.25
+0.3 (+1.5%)
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 Change0.59%
Ins Owners0.48%
Ins Owner Change1.32%
Market Cap2.65B
Revenue(TTM)399.33M
Net Income(TTM)19.22M
Analysts83.64
Price Target23.29 (15.01%)
Short Float %14.01%
Short Ratio12.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
Yearly Dividend0.71
Dividend Growth(5Y)-8.6%
DP465.74%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-87.93%
Min EPS beat(2)-89.24%
Max EPS beat(2)-86.62%
EPS beat(4)0
Avg EPS beat(4)-49.16%
Min EPS beat(4)-89.24%
Max EPS beat(4)-8.81%
EPS beat(8)0
Avg EPS beat(8)-71.56%
EPS beat(12)3
Avg EPS beat(12)-652.26%
EPS beat(16)6
Avg EPS beat(16)-382.43%
Revenue beat(2)2
Avg Revenue beat(2)14.03%
Min Revenue beat(2)8.29%
Max Revenue beat(2)19.77%
Revenue beat(4)4
Avg Revenue beat(4)14.27%
Min Revenue beat(4)8.29%
Max Revenue beat(4)19.77%
Revenue beat(8)8
Avg Revenue beat(8)13.29%
Revenue beat(12)12
Avg Revenue beat(12)13.8%
Revenue beat(16)16
Avg Revenue beat(16)16.81%
PT rev (1m)0%
PT rev (3m)-1.58%
EPS NQ rev (1m)4.65%
EPS NQ rev (3m)-6.25%
EPS NY rev (1m)-9.37%
EPS NY rev (3m)-17.77%
Revenue NQ rev (1m)-0.11%
Revenue NQ rev (3m)1.33%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 155.77 | ||
| Fwd PE | 57.28 | ||
| P/S | 6.87 | ||
| P/FCF | N/A | ||
| P/OCF | 15.32 | ||
| P/B | 1.17 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | 19.58 |
EPS(TTM)0.13
EY0.64%
EPS(NY)0.35
Fwd EY1.75%
FCF(TTM)-3.23
FCFYN/A
OCF(TTM)1.32
OCFY6.53%
SpS2.95
BVpS17.32
TBVpS16.32
PEG (NY)5.43
PEG (5Y)N/A
Graham Number7.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 0.85% | ||
| ROCE | 1.63% | ||
| ROIC | 1.29% | ||
| ROICexc | 1.3% | ||
| ROICexgc | 1.34% | ||
| OM | 19.86% | ||
| PM (TTM) | 4.98% | ||
| GM | 70.01% | ||
| 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-Score6
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.16 | ||
| Cap/Depr | 401.99% | ||
| Cap/Sales | 154.52% | ||
| Interest Coverage | 0.69 | ||
| Cash Conversion | 76.93% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.6 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 0.63 |
F-Score6
WACC7.43%
ROIC/WACC0.17
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 1Y43.99%
EBIT growth 3Y31.32%
EBIT growth 5Y8.91%
EBIT Next Year228.27%
EBIT Next 3Y58.98%
EBIT Next 5Y46.57%
FCF growth 1Y-517.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9.64%
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 2 / 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 465.74%.