AMERICOLD REALTY TRUST INC (COLD)
US03064D1081 - REIT
Overall COLD gets a fundamental rating of 3 out of 10. We evaluated COLD against 129 industry peers in the Diversified REITs industry. Both the profitability and financial health of COLD have multiple concerns. COLD does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year COLD has reported negative net income.
COLD had a positive operating cash flow in the past year.
In multiple years COLD reported negative net income over the last 5 years.
COLD 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 -3.61%, COLD is doing worse than 85.04% of the companies in the same industry.
Looking at the Return On Equity, with a value of -8.46%, COLD is doing worse than 77.95% of the companies in the same industry.
COLD has a Return On Invested Capital (2.60%) which is comparable to the rest of the industry.
COLD had an Average Return On Invested Capital over the past 3 years of 1.65%. This is in line with the industry average of 3.08%.
The 3 year average ROIC (1.65%) for COLD is below the current ROIC(2.60%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.61% | ||
| ROE | -8.46% | ||
| ROIC | 2.6% |
ROA(3y)-1.63%
ROA(5y)-0.68%
ROE(3y)-3.52%
ROE(5y)-1.46%
ROIC(3y)1.65%
ROIC(5y)2.19%
1.3 Margins
The Operating Margin of COLD (8.73%) is worse than 84.25% of its industry peers.
COLD's Operating Margin has declined in the last couple of years.
COLD's Gross Margin of 31.55% is on the low side compared to the rest of the industry. COLD is outperformed by 91.34% of its industry peers.
In the last couple of years the Gross Margin of COLD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.73% | ||
| PM (TTM) | N/A | ||
| GM | 31.55% |
OM growth 3Y-9.54%
OM growth 5Y-8.03%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.28%
GM growth 5Y2.65%
2. Health
2.1 Basic Checks
COLD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
COLD has more shares outstanding than it did 1 year ago.
The number of shares outstanding for COLD has been increased compared to 5 years ago.
COLD has a worse debt/assets ratio than last year.
2.2 Solvency
COLD has an Altman-Z score of 0.86. This is a bad value and indicates that COLD is not financially healthy and even has some risk of bankruptcy.
COLD has a better Altman-Z score (0.86) than 65.35% of its industry peers.
The Debt to FCF ratio of COLD is 29.58, which is on the high side as it means it would take COLD, 29.58 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of COLD (29.58) is better than 61.42% of its industry peers.
COLD has a Debt/Equity ratio of 1.05. This is a high value indicating a heavy dependency on external financing.
COLD's Debt to Equity ratio of 1.05 is in line compared to the rest of the industry. COLD outperforms 56.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.05 | ||
| Debt/FCF | 29.58 | ||
| Altman-Z | 0.86 |
ROIC/WACC0.37
WACC7.1%
2.3 Liquidity
A Current Ratio of 0.66 indicates that COLD may have some problems paying its short term obligations.
COLD has a worse Current ratio (0.66) than 76.38% of its industry peers.
A Quick Ratio of 0.66 indicates that COLD may have some problems paying its short term obligations.
COLD has a Quick ratio of 0.66. This is in the lower half of the industry: COLD underperforms 74.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The earnings per share for COLD have decreased strongly by -152.50% in the last year.
COLD shows a decrease in Revenue. In the last year, the revenue decreased by -1.33%.
Measured over the past years, COLD shows a quite strong growth in Revenue. The Revenue has been growing by 10.76% on average per year.
EPS 1Y (TTM)-152.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)-1.33%
Revenue growth 3Y10.38%
Revenue growth 5Y10.76%
Sales Q2Q%0.93%
3.2 Future
The Earnings Per Share is expected to grow by 19.10% on average over the next years. This is quite good.
COLD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.58% yearly.
EPS Next Y101.97%
EPS Next 2Y54.57%
EPS Next 3Y35.06%
EPS Next 5Y19.1%
Revenue Next Year-0.29%
Revenue Next 2Y2.43%
Revenue Next 3Y4.21%
Revenue Next 5Y6.58%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for COLD. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 49.09 indicates a quite expensive valuation of COLD.
Based on the Price/Forward Earnings ratio, COLD is valued a bit cheaper than the industry average as 62.99% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of COLD to the average of the S&P500 Index (23.82), we can say COLD is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 49.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, COLD is valued a bit more expensive than the industry average as 62.99% of the companies are valued more cheaply.
COLD's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 54.93 | ||
| EV/EBITDA | 16.66 |
4.3 Compensation for Growth
COLD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
COLD's earnings are expected to grow with 35.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y54.57%
EPS Next 3Y35.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.05%, COLD is a good candidate for dividend investing.
The stock price of COLD dropped by -22.52% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 6.55, COLD has a dividend in line with its industry peers.
COLD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
5.2 History
On average, the dividend of COLD grows each year by 9.41%, which is quite nice.
COLD has been paying a dividend for over 5 years, so it has already some track record.
As COLD did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)9.41%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
The earnings of COLD are negative and hence is the payout ratio. COLD will probably not be able to sustain this dividend level.
COLD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-88.38%
EPS Next 2Y54.57%
EPS Next 3Y35.06%
AMERICOLD REALTY TRUST INC
NYSE:COLD (11/22/2024, 11:31:10 AM)
23.115
+0.23 (+1.03%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.57B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 49.09 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.61% | ||
| ROE | -8.46% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.73% | ||
| PM (TTM) | N/A | ||
| GM | 31.55% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.05 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-152.5%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y101.97%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.33%
Revenue growth 3Y10.38%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y