ALEXANDER'S INC (ALX) Stock Fundamental Analysis
NYSE:ALX - New York Stock Exchange, Inc. - US0147521092 - REIT - Currency: USD
We assign a fundamental rating of 4 out of 10 to ALX. ALX was compared to 130 industry peers in the Diversified REITs industry. Both the profitability and the financial health of ALX get a neutral evaluation. Nothing too spectacular is happening here. ALX is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ALX was profitable.
ALX had a positive operating cash flow in the past year.
ALX had positive earnings in each of the past 5 years.
ALX 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 2.97%, ALX is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
Looking at the Return On Equity, with a value of 24.31%, ALX belongs to the top of the industry, outperforming 96.92% of the companies in the same industry.
With an excellent Return On Invested Capital value of 4.65%, ALX belongs to the best of the industry, outperforming 87.69% of the companies in the same industry.
ALX had an Average Return On Invested Capital over the past 3 years of 4.93%. This is in line with the industry average of 3.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.97% | ||
| ROE | 24.31% | ||
| ROIC | 4.65% |
ROA(3y)4.89%
ROA(5y)5.44%
ROE(3y)30.67%
ROE(5y)33.05%
ROIC(3y)4.93%
ROIC(5y)4.69%
1.3 Margins
With a decent Profit Margin value of 18.03%, ALX is doing good in the industry, outperforming 73.08% of the companies in the same industry.
In the last couple of years the Profit Margin of ALX has declined.
ALX's Operating Margin of 34.48% is fine compared to the rest of the industry. ALX outperforms 72.31% of its industry peers.
In the last couple of years the Operating Margin of ALX has declined.
With a Gross Margin value of 51.80%, ALX is not doing good in the industry: 76.92% of the companies in the same industry are doing better.
ALX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.48% | ||
| PM (TTM) | 18.03% | ||
| GM | 51.8% |
OM growth 3Y-0.75%
OM growth 5Y-3.83%
PM growth 3Y-33.23%
PM growth 5Y-6.28%
GM growth 3Y-1.15%
GM growth 5Y-1.87%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ALX is destroying value.
Compared to 1 year ago, ALX has about the same amount of shares outstanding.
ALX has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, ALX has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.45, we must say that ALX is in the distress zone and has some risk of bankruptcy.
ALX's Altman-Z score of 1.45 is amongst the best of the industry. ALX outperforms 89.23% of its industry peers.
ALX has a debt to FCF ratio of 35.71. This is a negative value and a sign of low solvency as ALX would need 35.71 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 35.71, ALX is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
ALX has a Debt/Equity ratio of 6.06. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 6.06, ALX is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.06 | ||
| Debt/FCF | 35.71 | ||
| Altman-Z | 1.45 |
ROIC/WACC0.63
WACC7.37%
2.3 Liquidity
ALX has a Current Ratio of 9.65. This indicates that ALX is financially healthy and has no problem in meeting its short term obligations.
ALX has a Current ratio of 9.65. This is amongst the best in the industry. ALX outperforms 100.00% of its industry peers.
A Quick Ratio of 9.65 indicates that ALX has no problem at all paying its short term obligations.
ALX has a better Quick ratio (9.65) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.65 | ||
| Quick Ratio | 9.65 |
3. Growth
3.1 Past
The earnings per share for ALX have decreased strongly by -16.79% in the last year.
Measured over the past years, ALX shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.40% on average per year.
Looking at the last year, ALX shows a decrease in Revenue. The Revenue has decreased by -5.80% in the last year.
Measured over the past years, ALX shows a decrease in Revenue. The Revenue has been decreasing by 0.00% on average per year.
EPS 1Y (TTM)-16.79%
EPS 3Y-31.25%
EPS 5Y-6.4%
EPS Q2Q%-18.47%
Revenue 1Y (TTM)-5.8%
Revenue growth 3Y3.18%
Revenue growth 5Y0%
Sales Q2Q%-10.55%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
ALX is valuated correctly with a Price/Earnings ratio of 16.76.
ALX's Price/Earnings ratio is rather cheap when compared to the industry. ALX is cheaper than 89.23% of the companies in the same industry.
ALX is valuated rather cheaply when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.76 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ALX indicates a slightly more expensive valuation: ALX is more expensive than 66.92% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ALX is valued a bit cheaper than 64.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.17 | ||
| EV/EBITDA | 16.48 |
4.3 Compensation for Growth
ALX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.68%, ALX is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.44, ALX pays a bit more dividend than its industry peers.
ALX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.68% |
5.2 History
The dividend of ALX has a limited annual growth rate of 0.03%.
ALX has been paying a dividend for at least 10 years, so it has a reliable track record.
ALX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.03%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
ALX pays out 233.03% of its income as dividend. This is not a sustainable payout ratio.
ALX's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP233.03%
EPS Next 2YN/A
EPS Next 3YN/A
NYSE:ALX (7/14/2025, 3:32:21 PM)
239.19
+4.88 (+2.08%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners32.78%
Inst Owner Change0%
Ins Owners16.14%
Ins Owner Change0%
Market Cap1.22B
Analysts42.5
Price Target168.3 (-29.64%)
Short Float %4.32%
Short Ratio2.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.68% |
Yearly Dividend18.09
Dividend Growth(5Y)0.03%
DP233.03%
Div Incr Years0
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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%
PT rev (3m)10%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.76 | ||
| Fwd PE | N/A | ||
| P/S | 5.56 | ||
| P/FCF | 44.17 | ||
| P/OCF | 23.06 | ||
| P/B | 7.49 | ||
| P/tB | 7.49 | ||
| EV/EBITDA | 16.48 |
EPS(TTM)14.27
EY5.97%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)5.41
FCFY2.26%
OCF(TTM)10.37
OCFY4.34%
SpS43.03
BVpS31.92
TBVpS31.92
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.97% | ||
| ROE | 24.31% | ||
| ROCE | 5.89% | ||
| ROIC | 4.65% | ||
| ROICexc | 6.19% | ||
| ROICexgc | 6.44% | ||
| OM | 34.48% | ||
| PM (TTM) | 18.03% | ||
| GM | 51.8% | ||
| FCFM | 12.58% |
ROA(3y)4.89%
ROA(5y)5.44%
ROE(3y)30.67%
ROE(5y)33.05%
ROIC(3y)4.93%
ROIC(5y)4.69%
ROICexc(3y)6.92%
ROICexc(5y)6.73%
ROICexgc(3y)7.12%
ROICexgc(5y)6.96%
ROCE(3y)6.24%
ROCE(5y)5.93%
ROICexcg growth 3Y-0.87%
ROICexcg growth 5Y-3.96%
ROICexc growth 3Y0.22%
ROICexc growth 5Y-4.09%
OM growth 3Y-0.75%
OM growth 5Y-3.83%
PM growth 3Y-33.23%
PM growth 5Y-6.28%
GM growth 3Y-1.15%
GM growth 5Y-1.87%
F-Score4
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.06 | ||
| Debt/FCF | 35.71 | ||
| Debt/EBITDA | 8.73 | ||
| Cap/Depr | 67.79% | ||
| Cap/Sales | 11.52% | ||
| Interest Coverage | 1.4 | ||
| Cash Conversion | 46.83% | ||
| Profit Quality | 69.79% | ||
| Current Ratio | 9.65 | ||
| Quick Ratio | 9.65 | ||
| Altman-Z | 1.45 |
F-Score4
WACC7.37%
ROIC/WACC0.63
Cap/Depr(3y)37.15%
Cap/Depr(5y)52.08%
Cap/Sales(3y)5.94%
Cap/Sales(5y)8.72%
Profit Quality(3y)111.31%
Profit Quality(5y)103.45%
High Growth Momentum
Growth
EPS 1Y (TTM)-16.79%
EPS 3Y-31.25%
EPS 5Y-6.4%
EPS Q2Q%-18.47%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.8%
Revenue growth 3Y3.18%
Revenue growth 5Y0%
Sales Q2Q%-10.55%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-16.28%
EBIT growth 3Y2.41%
EBIT growth 5Y-3.83%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-63.45%
FCF growth 3Y-29.75%
FCF growth 5Y-21.71%
OCF growth 1Y-41.76%
OCF growth 3Y-23%
OCF growth 5Y-15.57%