AMERICOLD REALTY TRUST INC (COLD)
US03064D1081 - REIT
COLD gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 130 industry peers in the Diversified REITs industry. COLD may be in some trouble as it scores bad on both profitability and health. COLD does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
COLD had negative earnings in the past year.
COLD had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: COLD reported negative net income in multiple years.
Each year in the past 5 years COLD had a positive operating cash flow.
1.2 Ratios
COLD's Return On Assets of -3.61% is on the low side compared to the rest of the industry. COLD is outperformed by 85.04% of its industry peers.
The Return On Equity of COLD (-8.46%) is worse than 80.31% of its industry peers.
COLD has a Return On Invested Capital (2.60%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for COLD is in line with the industry average of 3.10%.
The last Return On Invested Capital (2.60%) for COLD is above the 3 year average (1.65%), which is a sign of increasing profitability.
| 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
COLD's Operating Margin of 8.73% is on the low side compared to the rest of the industry. COLD is outperformed by 83.46% of its industry peers.
In the last couple of years the Operating Margin of COLD has declined.
COLD has a Gross Margin of 31.55%. This is amonst the worse of the industry: COLD underperforms 91.34% of its industry peers.
COLD's Gross Margin has improved in the last couple of years.
| 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.
The number of shares outstanding for COLD has been increased compared to 1 year ago.
COLD has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, COLD has a worse debt to assets ratio.
2.2 Solvency
COLD has an Altman-Z score of 0.80. 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 (0.80) than 62.99% 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.
COLD has a better Debt to FCF ratio (29.58) 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.
The Debt to Equity ratio of COLD (1.05) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.05 | ||
| Debt/FCF | 29.58 | ||
| Altman-Z | 0.8 |
ROIC/WACC0.36
WACC7.24%
2.3 Liquidity
COLD has a Current Ratio of 0.66. This is a bad value and indicates that COLD is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of COLD (0.66) is worse than 77.95% of its industry peers.
COLD has a Quick Ratio of 0.66. This is a bad value and indicates that COLD is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.66, COLD is doing worse than 74.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
COLD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -152.50%.
COLD shows a decrease in Revenue. In the last year, the revenue decreased by -1.33%.
The Revenue has been growing by 10.76% on average over the past years. This is quite good.
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 19.18% on average over the next years. This is quite good.
The Revenue is expected to grow by 5.61% on average over the next years.
EPS Next Y96.77%
EPS Next 2Y53.89%
EPS Next 3Y35.83%
EPS Next 5Y19.18%
Revenue Next Year-0.72%
Revenue Next 2Y1.92%
Revenue Next 3Y3.93%
Revenue Next 5Y5.61%
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.
The Price/Forward Earnings ratio is 47.35, which means the current valuation is very expensive for COLD.
Based on the Price/Forward Earnings ratio, COLD is valued a bit cheaper than the industry average as 63.78% of the companies are valued more expensively.
COLD's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.53.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 47.35 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, COLD is valued a bit more expensive than the industry average as 62.20% of the companies are valued more cheaply.
The rest of the industry has a similar Price/Free Cash Flow ratio as COLD.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.12 | ||
| EV/EBITDA | 15.81 |
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 35.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y53.89%
EPS Next 3Y35.83%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.16%, COLD is a good candidate for dividend investing.
The stock price of COLD dropped by -21.22% 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.
COLD's Dividend Yield is slightly below the industry average, which is at 15.23.
COLD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.16% |
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.
COLD has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)9.41%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
COLD has negative earnings and hence a negative payout ratio. The dividend may be in danger.
COLD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-88.38%
EPS Next 2Y53.89%
EPS Next 3Y35.83%
AMERICOLD REALTY TRUST INC
NYSE:COLD (1/14/2025, 8:04:00 PM)
After market: 21.09 0 (0%)21.09
+0.07 (+0.33%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners109.68%
Inst Owner Change-0.01%
Ins Owners0.11%
Ins Owner Change-0.01%
Market Cap6.00B
Analysts81
Price Target28.63 (35.75%)
Short Float %2.78%
Short Ratio3.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.16% |
Dividend Growth(5Y)9.41%
DP-88.38%
Div Incr Years0
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-309.98%
Min EPS beat(2)-509.98%
Max EPS beat(2)-109.97%
EPS beat(4)1
Avg EPS beat(4)-377.5%
Min EPS beat(4)-900.32%
Max EPS beat(4)10.28%
EPS beat(8)1
Avg EPS beat(8)-568.81%
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)0
Avg Revenue beat(2)-2.81%
Min Revenue beat(2)-3.22%
Max Revenue beat(2)-2.41%
Revenue beat(4)0
Avg Revenue beat(4)-3.9%
Min Revenue beat(4)-5.91%
Max Revenue beat(4)-2.41%
Revenue beat(8)0
Avg Revenue beat(8)-5.93%
Revenue beat(12)3
Avg Revenue beat(12)-0.55%
Revenue beat(16)7
Avg Revenue beat(16)5.25%
PT rev (1m)-3.91%
PT rev (3m)-10.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-21.92%
EPS NY rev (1m)N/A
EPS NY rev (3m)-179.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.49%
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 47.35 | ||
| P/S | 2.24 | ||
| P/FCF | 50.12 | ||
| P/OCF | 14.2 | ||
| P/B | 1.78 | ||
| P/tB | 3.52 | ||
| EV/EBITDA | 15.81 |
EPS(TTM)-1.01
EYN/A
EPS(NY)0.45
Fwd EY2.11%
FCF(TTM)0.42
FCFY2%
OCF(TTM)1.49
OCFY7.04%
SpS9.43
BVpS11.85
TBVpS5.99
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.61% | ||
| ROE | -8.46% | ||
| ROCE | 3.3% | ||
| ROIC | 2.6% | ||
| ROICexc | 2.63% | ||
| ROICexgc | 3.6% | ||
| OM | 8.73% | ||
| PM (TTM) | N/A | ||
| GM | 31.55% | ||
| FCFM | 4.46% |
ROA(3y)-1.63%
ROA(5y)-0.68%
ROE(3y)-3.52%
ROE(5y)-1.46%
ROIC(3y)1.65%
ROIC(5y)2.19%
ROICexc(3y)1.66%
ROICexc(5y)2.29%
ROICexgc(3y)2.29%
ROICexgc(5y)3.01%
ROCE(3y)2.09%
ROCE(5y)2.77%
ROICexcg growth 3Y-2.86%
ROICexcg growth 5Y-17.6%
ROICexc growth 3Y-3.04%
ROICexc growth 5Y-20.15%
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%
F-Score6
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.05 | ||
| Debt/FCF | 29.58 | ||
| Debt/EBITDA | 5.91 | ||
| Cap/Depr | 82.86% | ||
| Cap/Sales | 11.29% | ||
| Interest Coverage | 1.83 | ||
| Cash Conversion | 70.48% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 0.8 |
F-Score6
WACC7.24%
ROIC/WACC0.36
Cap/Depr(3y)114.86%
Cap/Depr(5y)143.23%
Cap/Sales(3y)13.85%
Cap/Sales(5y)15.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-152.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y96.77%
EPS Next 2Y53.89%
EPS Next 3Y35.83%
EPS Next 5Y19.18%
Revenue 1Y (TTM)-1.33%
Revenue growth 3Y10.38%
Revenue growth 5Y10.76%
Sales Q2Q%0.93%
Revenue Next Year-0.72%
Revenue Next 2Y1.92%
Revenue Next 3Y3.93%
Revenue Next 5Y5.61%
EBIT growth 1Y31.6%
EBIT growth 3Y-0.15%
EBIT growth 5Y1.87%
EBIT Next Year307.03%
EBIT Next 3Y71.82%
EBIT Next 5Y38.96%
FCF growth 1Y176.87%
FCF growth 3YN/A
FCF growth 5Y-3.54%
OCF growth 1Y44.74%
OCF growth 3Y7.63%
OCF growth 5Y14.24%