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%)
We assign a fundamental rating of 5 out of 10 to ALEX. ALEX was compared to 127 industry peers in the Diversified REITs industry. ALEX has an excellent profitability rating, but there are concerns on its financial health. ALEX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ALEX had positive earnings in the past year.
ALEX had a positive operating cash flow in the past year.
ALEX had positive earnings in 4 of the past 5 years.
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 88.19% of the companies in the same industry.
With a decent Return On Equity value of 7.21%, ALEX is doing good in the industry, outperforming 78.74% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.57%, ALEX is in the better half of the industry, outperforming 66.14% of the companies in the same industry.
ALEX had an Average Return On Invested Capital over the past 3 years of 3.24%. This is in line with the industry average of 3.06%.
The 3 year average ROIC (3.24%) for ALEX is below the current ROIC(3.57%), indicating increased profibility in the last year.
| 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 87.40% of the companies in the same industry.
ALEX's Profit Margin has improved in the last couple of years.
ALEX has a Operating Margin of 32.59%. This is in the better half of the industry: ALEX outperforms 64.57% of its industry peers.
In the last couple of years the Operating Margin of ALEX has grown nicely.
Looking at the Gross Margin, with a value of 45.27%, ALEX is doing worse than 78.74% of the companies in the same industry.
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.
ALEX has more shares outstanding than it did 5 years ago.
ALEX has a worse debt/assets ratio than last year.
2.2 Solvency
ALEX has an Altman-Z score of 0.98. This is a bad value and indicates that ALEX is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ALEX (0.98) is better than 74.02% of its industry peers.
ALEX has a debt to FCF ratio of 10.53. This is a negative value and a sign of low solvency as ALEX would need 10.53 years to pay back of all of its debts.
ALEX's Debt to FCF ratio of 10.53 is amongst the best of the industry. ALEX outperforms 89.76% 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 89.76% 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 42.52% of the companies in the same industry.
ALEX has a Quick 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.
With a Quick ratio value of 0.78, ALEX perfoms like the industry average, outperforming 42.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 62.90% over the past year.
Measured over the past years, ALEX shows a very strong growth in Earnings Per Share. The EPS has been growing by 36.08% on average per year.
ALEX shows a decrease in Revenue. In the last year, the revenue decreased by -3.94%.
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
ALEX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.94% yearly.
Based on estimates for the next years, ALEX will show a small growth in Revenue. The Revenue will grow by 1.31% on average per year.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
The Price/Earnings ratio is 20.52, which indicates a rather expensive current valuation of ALEX.
ALEX's Price/Earnings ratio is rather cheap when compared to the industry. ALEX is cheaper than 80.31% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.19, ALEX is valued a bit cheaper.
With a Price/Forward Earnings ratio of 30.33, ALEX can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ALEX indicates a somewhat cheap valuation: ALEX is cheaper than 76.38% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.88. ALEX is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.52 | ||
| Fwd PE | 30.33 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ALEX indicates a slightly more expensive valuation: ALEX is more expensive than 76.38% of the companies listed in the same industry.
70.87% of the companies in the same industry are more expensive than ALEX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.42 | ||
| EV/EBITDA | 17.98 |
4.3 Compensation for Growth
ALEX's 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.
A cheap valuation may be justified as ALEX's earnings are expected to decrease with -3.94% in the coming years.
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.
ALEX's Dividend Yield is comparable with the industry average which is at 6.83.
ALEX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| 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 paid a dividend for at least 10 years, which is 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
ALEX pays out 89.83% of its income as dividend. This is not a sustainable payout ratio.
ALEX's earnings are declining while the Dividend Rate has been growing. 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 Change0%
Ins Owners0.53%
Ins Owner Change2%
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)-0.24%
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%.