ALEXANDER & BALDWIN INC (ALEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ALEX - US0144911049 - REIT
20.73 USD
0 (0%)
20.73 USD
0 (0%)
Taking everything into account, ALEX scores 5 out of 10 in our fundamental rating. ALEX was compared to 126 industry peers in the Diversified REITs industry. ALEX scores excellent on profitability, but there are concerns on its financial health. ALEX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year ALEX was profitable.
ALEX had a positive operating cash flow in the past year.
Of the past 5 years ALEX 4 years were profitable.
ALEX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.40%, ALEX belongs to the top of the industry, outperforming 88.10% of the companies in the same industry.
ALEX has a better Return On Equity (7.21%) than 78.57% of its industry peers.
ALEX's Return On Invested Capital of 3.57% is fine compared to the rest of the industry. ALEX outperforms 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ALEX is in line with the industry average of 3.06%.
The last Return On Invested Capital (3.57%) for ALEX is above the 3 year average (3.24%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.4% | ||
| ROE | 7.21% | ||
| ROIC | 3.57% |
ROA(3y)0.86%
ROA(5y)0.94%
ROE(3y)1.36%
ROE(5y)1.58%
ROIC(3y)3.24%
ROIC(5y)2.9%
1.3 Margins
Looking at the Profit Margin, with a value of 33.42%, ALEX belongs to the top of the industry, outperforming 88.10% of the companies in the same industry.
In the last couple of years the Profit Margin of ALEX has grown nicely.
ALEX has a Operating Margin of 32.59%. This is in the better half of the industry: ALEX outperforms 65.08% of its industry peers.
In the last couple of years the Operating Margin of ALEX has grown nicely.
ALEX has a Gross Margin of 45.27%. This is in the lower half of the industry: ALEX underperforms 78.57% of its industry peers.
ALEX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.59% | ||
| PM (TTM) | 33.42% | ||
| GM | 45.27% |
OM growth 3Y0.42%
OM growth 5Y32.23%
PM growth 3Y22.77%
PM growth 5YN/A
GM growth 3Y-1.01%
GM growth 5Y15.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ALEX is destroying value.
The number of shares outstanding for ALEX has been increased compared to 1 year ago.
Compared to 5 years ago, ALEX has more shares outstanding
The debt/assets ratio for ALEX is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.98, we must say that ALEX is in the distress zone and has some risk of bankruptcy.
ALEX has a better Altman-Z score (0.98) than 74.60% of its industry peers.
The Debt to FCF ratio of ALEX is 10.53, which is on the high side as it means it would take ALEX, 10.53 years of fcf income to pay off all of its debts.
ALEX has a Debt to FCF ratio of 10.53. This is amongst the best in the industry. ALEX outperforms 90.48% of its industry peers.
ALEX has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
ALEX has a Debt to Equity ratio of 0.47. This is amongst the best in the industry. ALEX outperforms 89.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 10.53 | ||
| Altman-Z | 0.98 |
ROIC/WACC0.47
WACC7.61%
2.3 Liquidity
ALEX has a Current Ratio of 0.78. This is a bad value and indicates that ALEX is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.78, ALEX is in line with its industry, outperforming 42.86% of the companies in the same industry.
A Quick Ratio of 0.78 indicates that ALEX may have some problems paying its short term obligations.
The Quick ratio of ALEX (0.78) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
ALEX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 62.90%, which is quite impressive.
The Earnings Per Share has been growing by 36.08% on average over the past years. This is a very strong growth
The Revenue has decreased by -3.94% in the past year.
The Revenue for ALEX have been decreasing by -11.47% on average. This is quite bad
EPS 1Y (TTM)62.9%
EPS 3Y19.68%
EPS 5Y36.08%
EPS Q2Q%-23.08%
Revenue 1Y (TTM)-3.94%
Revenue growth 3Y-2.33%
Revenue growth 5Y-11.47%
Sales Q2Q%-18.94%
3.2 Future
The Earnings Per Share is expected to decrease by -3.94% on average over the next years.
The Revenue is expected to grow by 1.31% on average over the next years.
EPS Next Y17.79%
EPS Next 2Y-9.8%
EPS Next 3Y-3.94%
EPS Next 5YN/A
Revenue Next Year-0.06%
Revenue Next 2Y0.75%
Revenue Next 3Y1.31%
Revenue Next 5YN/A
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
ALEX is valuated rather expensively with a Price/Earnings ratio of 20.52.
80.95% of the companies in the same industry are more expensive than ALEX, based on the Price/Earnings ratio.
ALEX is valuated rather cheaply when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 30.33, ALEX can be considered very expensive at the moment.
ALEX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ALEX is cheaper than 76.98% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ALEX to the average of the S&P500 Index (23.98), we can say ALEX is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.52 | ||
| Fwd PE | 30.33 |
4.2 Price Multiples
ALEX's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. ALEX is more expensive than 75.40% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ALEX is valued a bit cheaper than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.42 | ||
| EV/EBITDA | 17.98 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of ALEX may justify a higher PE ratio.
ALEX's earnings are expected to decrease with -3.94% in the coming years. This may justify a cheaper valuation.
PEG (NY)1.15
PEG (5Y)0.57
EPS Next 2Y-9.8%
EPS Next 3Y-3.94%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.94%, ALEX is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.86, ALEX has a dividend in line with its industry peers.
ALEX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.94% |
5.2 History
The dividend of ALEX has a limited annual growth rate of 5.27%.
ALEX has been paying a dividend for at least 10 years, so it has a reliable track record.
ALEX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)5.27%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
89.83% of the earnings are spent on dividend by ALEX. This is not a sustainable payout ratio.
The Dividend Rate of ALEX has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP89.83%
EPS Next 2Y-9.8%
EPS Next 3Y-3.94%
20.73
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners89.12%
Inst Owner Change-0.05%
Ins Owners0.53%
Ins Owner Change2.03%
Market Cap1.51B
Revenue(TTM)218.14M
Net Income(TTM)72.90M
Analysts48.89
Price Target21.37 (3.09%)
Short Float %1.13%
Short Ratio0.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.94% |
Yearly Dividend0.9
Dividend Growth(5Y)5.27%
DP89.83%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)182.07%
Min EPS beat(2)35.23%
Max EPS beat(2)328.92%
EPS beat(4)4
Avg EPS beat(4)116.2%
Min EPS beat(4)11.11%
Max EPS beat(4)328.92%
EPS beat(8)6
Avg EPS beat(8)50.84%
EPS beat(12)10
Avg EPS beat(12)40.19%
EPS beat(16)12
Avg EPS beat(16)31.69%
Revenue beat(2)0
Avg Revenue beat(2)-2.09%
Min Revenue beat(2)-2.89%
Max Revenue beat(2)-1.29%
Revenue beat(4)1
Avg Revenue beat(4)4.81%
Min Revenue beat(4)-2.89%
Max Revenue beat(4)24.65%
Revenue beat(8)4
Avg Revenue beat(8)5.53%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.58%
PT rev (3m)-1.41%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.7%
EPS NY rev (1m)1.04%
EPS NY rev (3m)7.78%
Revenue NQ rev (1m)-1.32%
Revenue NQ rev (3m)-1.74%
Revenue NY rev (1m)-1.05%
Revenue NY rev (3m)-1.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.52 | ||
| Fwd PE | 30.33 | ||
| P/S | 6.91 | ||
| P/FCF | 33.42 | ||
| P/OCF | 16.53 | ||
| P/B | 1.49 | ||
| P/tB | 1.5 | ||
| EV/EBITDA | 17.98 |
EPS(TTM)1.01
EY4.87%
EPS(NY)0.68
Fwd EY3.3%
FCF(TTM)0.62
FCFY2.99%
OCF(TTM)1.25
OCFY6.05%
SpS3
BVpS13.9
TBVpS13.78
PEG (NY)1.15
PEG (5Y)0.57
Graham Number17.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.4% | ||
| ROE | 7.21% | ||
| ROCE | 4.52% | ||
| ROIC | 3.57% | ||
| ROICexc | 3.61% | ||
| ROICexgc | 3.63% | ||
| OM | 32.59% | ||
| PM (TTM) | 33.42% | ||
| GM | 45.27% | ||
| FCFM | 20.69% |
ROA(3y)0.86%
ROA(5y)0.94%
ROE(3y)1.36%
ROE(5y)1.58%
ROIC(3y)3.24%
ROIC(5y)2.9%
ROICexc(3y)3.29%
ROICexc(5y)2.96%
ROICexgc(3y)3.31%
ROICexgc(5y)2.98%
ROCE(3y)4.1%
ROCE(5y)3.67%
ROICexgc growth 3Y1.17%
ROICexgc growth 5Y22.15%
ROICexc growth 3Y1.32%
ROICexc growth 5Y22.35%
OM growth 3Y0.42%
OM growth 5Y32.23%
PM growth 3Y22.77%
PM growth 5YN/A
GM growth 3Y-1.01%
GM growth 5Y15.99%
F-Score5
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 10.53 | ||
| Debt/EBITDA | 4.35 | ||
| Cap/Depr | 120.65% | ||
| Cap/Sales | 21.15% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.48% | ||
| Profit Quality | 61.91% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 0.98 |
F-Score5
WACC7.61%
ROIC/WACC0.47
Cap/Depr(3y)93.91%
Cap/Depr(5y)86.99%
Cap/Sales(3y)15.27%
Cap/Sales(5y)16.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)62.9%
EPS 3Y19.68%
EPS 5Y36.08%
EPS Q2Q%-23.08%
EPS Next Y17.79%
EPS Next 2Y-9.8%
EPS Next 3Y-3.94%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.94%
Revenue growth 3Y-2.33%
Revenue growth 5Y-11.47%
Sales Q2Q%-18.94%
Revenue Next Year-0.06%
Revenue Next 2Y0.75%
Revenue Next 3Y1.31%
Revenue Next 5YN/A
EBIT growth 1Y-12.53%
EBIT growth 3Y-1.93%
EBIT growth 5Y17.06%
EBIT Next Year71.31%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y14.26%
FCF growth 3Y-12.59%
FCF growth 5YN/A
OCF growth 1Y33.05%
OCF growth 3Y-7.6%
OCF growth 5Y-9.07%
ALEXANDER & BALDWIN INC / ALEX FAQ
What is the fundamental rating for ALEX stock?
ChartMill assigns a fundamental rating of 5 / 10 to ALEX.
What is the valuation status of ALEXANDER & BALDWIN INC (ALEX) stock?
ChartMill assigns a valuation rating of 4 / 10 to ALEXANDER & BALDWIN INC (ALEX). This can be considered as Fairly Valued.
Can you provide the profitability details for ALEXANDER & BALDWIN INC?
ALEXANDER & BALDWIN INC (ALEX) has a profitability rating of 7 / 10.
What is the financial health of ALEXANDER & BALDWIN INC (ALEX) stock?
The financial health rating of ALEXANDER & BALDWIN INC (ALEX) is 3 / 10.
Is the dividend of ALEXANDER & BALDWIN INC sustainable?
The dividend rating of ALEXANDER & BALDWIN INC (ALEX) is 5 / 10 and the dividend payout ratio is 89.83%.