ALEXANDER & BALDWIN INC (ALEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ALEX - US0144911049 - REIT
20.64 USD
+0.01 (+0.05%)
20.64 USD
0 (0%)
Overall ALEX gets a fundamental rating of 5 out of 10. We evaluated ALEX against 127 industry peers in the Diversified REITs industry. ALEX scores excellent on profitability, but there are concerns on its financial health. ALEX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year ALEX was profitable.
ALEX had a positive operating cash flow in the past year.
ALEX had positive earnings in 4 of the past 5 years.
Each year in the past 5 years ALEX had a positive operating cash flow.
1.2 Ratios
ALEX has a Return On Assets of 4.40%. This is amongst the best in the industry. ALEX outperforms 88.19% of its industry peers.
ALEX's Return On Equity of 7.21% is fine compared to the rest of the industry. ALEX outperforms 78.74% of its industry peers.
ALEX has a better Return On Invested Capital (3.57%) than 66.14% 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
With an excellent Profit Margin value of 33.42%, ALEX belongs to the best 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's Operating Margin of 32.59% is fine compared to the rest of the industry. ALEX outperforms 64.57% of its industry peers.
ALEX's Operating Margin has improved in the last couple of years.
ALEX has a worse Gross Margin (45.27%) than 78.74% of its industry peers.
In the last couple of years the Gross Margin of ALEX has grown nicely.
| 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
ALEX 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, ALEX has more shares outstanding
ALEX has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ALEX has a worse debt to assets ratio.
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.
Looking at the Altman-Z score, with a value of 0.98, ALEX is in the better half of the industry, outperforming 74.80% of the companies in the same industry.
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'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.
Looking at the Debt to Equity ratio, with a value of 0.47, ALEX belongs to the top of the industry, outperforming 89.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 10.53 | ||
| Altman-Z | 0.98 |
ROIC/WACC0.47
WACC7.58%
2.3 Liquidity
A Current Ratio of 0.78 indicates that ALEX may have some problems paying its short term obligations.
The Current ratio of ALEX (0.78) is comparable to the rest of the 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.
ALEX has a Quick ratio of 0.78. This is comparable to the rest of the industry: ALEX outperforms 42.52% of its industry peers.
| 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.
ALEX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 36.08% yearly.
ALEX shows a decrease in Revenue. In the last year, the revenue decreased by -3.94%.
Measured over the past years, ALEX shows a very negative growth in Revenue. The Revenue has been decreasing by -11.47% on average per year.
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.
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
A Price/Earnings ratio of 20.44 indicates a rather expensive 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.
ALEX is valuated rather cheaply when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 30.20 indicates a quite expensive valuation of ALEX.
Based on the Price/Forward Earnings ratio, ALEX is valued a bit cheaper than 75.59% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.13, ALEX is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.44 | ||
| Fwd PE | 30.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ALEX is valued a bit more expensive than the industry average as 76.38% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ALEX indicates a somewhat cheap valuation: ALEX is cheaper than 70.87% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.27 | ||
| EV/EBITDA | 17.92 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ALEX has a very decent profitability rating, which 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 4.96%, ALEX is a good candidate for dividend investing.
ALEX's Dividend Yield is comparable with the industry average which is at 6.43.
Compared to an average S&P500 Dividend Yield of 2.00, ALEX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.96% |
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.
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%
20.64
+0.01 (+0.05%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners88.92%
Inst Owner Change0.25%
Ins Owners0.53%
Ins Owner Change-0.29%
Market Cap1.50B
Revenue(TTM)218.14M
Net Income(TTM)72.90M
Analysts82
Price Target21.37 (3.54%)
Short Float %1.13%
Short Ratio0.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.96% |
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)7.78%
EPS NY rev (3m)7.78%
Revenue NQ rev (1m)-1.32%
Revenue NQ rev (3m)-1.67%
Revenue NY rev (1m)-0.99%
Revenue NY rev (3m)-1.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.44 | ||
| Fwd PE | 30.2 | ||
| P/S | 6.88 | ||
| P/FCF | 33.27 | ||
| P/OCF | 16.45 | ||
| P/B | 1.48 | ||
| P/tB | 1.5 | ||
| EV/EBITDA | 17.92 |
EPS(TTM)1.01
EY4.89%
EPS(NY)0.68
Fwd EY3.31%
FCF(TTM)0.62
FCFY3.01%
OCF(TTM)1.25
OCFY6.08%
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
WACC7.58%
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%.