ST JOE CO/THE (JOE) Stock Fundamental Analysis
NYSE:JOE - New York Stock Exchange, Inc. - US7901481009 - Common Stock - Currency: USD
Overall JOE gets a fundamental rating of 5 out of 10. We evaluated JOE against 64 industry peers in the Real Estate Management & Development industry. JOE scores excellent on profitability, but there are some minor concerns on its financial health. While showing a medium growth rate, JOE is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
JOE had positive earnings in the past year.
JOE had a positive operating cash flow in the past year.
Each year in the past 5 years JOE has been profitable.
Each year in the past 5 years JOE had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 4.82%, JOE belongs to the best of the industry, outperforming 92.19% of the companies in the same industry.
JOE's Return On Equity of 10.24% is amongst the best of the industry. JOE outperforms 90.63% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.73%, JOE is in the better half of the industry, outperforming 78.13% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for JOE is in line with the industry average of 5.31%.
The 3 year average ROIC (4.22%) for JOE is below the current ROIC(4.73%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.82% | ||
| ROE | 10.24% | ||
| ROIC | 4.73% |
ROA(3y)4.96%
ROA(5y)5.08%
ROE(3y)10.95%
ROE(5y)10.67%
ROIC(3y)4.22%
ROIC(5y)4.45%
1.3 Margins
JOE's Profit Margin of 18.42% is amongst the best of the industry. JOE outperforms 93.75% of its industry peers.
In the last couple of years the Profit Margin of JOE has declined.
JOE's Operating Margin of 23.73% is amongst the best of the industry. JOE outperforms 90.63% of its industry peers.
JOE's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 41.52%, JOE is in the better half of the industry, outperforming 71.88% of the companies in the same industry.
In the last couple of years the Gross Margin of JOE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.73% | ||
| PM (TTM) | 18.42% | ||
| GM | 41.52% |
OM growth 3Y-12.47%
OM growth 5Y-0.74%
PM growth 3Y-12.96%
PM growth 5Y-2.67%
GM growth 3Y-6.52%
GM growth 5Y-3.48%
2. Health
2.1 Basic Checks
JOE 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, JOE has about the same amount of shares outstanding.
The number of shares outstanding for JOE has been reduced compared to 5 years ago.
The debt/assets ratio for JOE has been reduced compared to a year ago.
2.2 Solvency
JOE has an Altman-Z score of 2.98. This is not the best score and indicates that JOE is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of JOE (2.98) is better than 75.00% of its industry peers.
JOE has a debt to FCF ratio of 6.15. This is a slightly negative value and a sign of low solvency as JOE would need 6.15 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.15, JOE is in the better half of the industry, outperforming 76.56% of the companies in the same industry.
A Debt/Equity ratio of 0.85 indicates that JOE is somewhat dependend on debt financing.
JOE has a Debt to Equity ratio (0.85) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 6.15 | ||
| Altman-Z | 2.98 |
ROIC/WACC0.59
WACC8.02%
2.3 Liquidity
JOE has a Current Ratio of 3.12. This indicates that JOE is financially healthy and has no problem in meeting its short term obligations.
JOE has a better Current ratio (3.12) than 78.13% of its industry peers.
A Quick Ratio of 3.04 indicates that JOE has no problem at all paying its short term obligations.
JOE has a better Quick ratio (3.04) than 82.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.12 | ||
| Quick Ratio | 3.04 |
3. Growth
3.1 Past
JOE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.22%.
JOE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.55% yearly.
The Revenue has been growing slightly by 3.44% in the past year.
The Revenue has been growing by 25.94% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-5.22%
EPS 3Y0.04%
EPS 5Y22.55%
EPS Q2Q%39.13%
Revenue 1Y (TTM)3.44%
Revenue growth 3Y14.68%
Revenue growth 5Y25.94%
Sales Q2Q%20.3%
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
Based on the Price/Earnings ratio of 37.06, the valuation of JOE can be described as expensive.
Based on the Price/Earnings ratio, JOE is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
JOE's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 29.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.06 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JOE is valued a bit cheaper than the industry average as 70.31% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, JOE is valued a bit cheaper than 78.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.38 | ||
| EV/EBITDA | 23.05 |
4.3 Compensation for Growth
The decent profitability rating of JOE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.64
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
JOE has a Yearly Dividend Yield of 1.19%. Purely for dividend investing, there may be better candidates out there.
JOE's Dividend Yield is rather good when compared to the industry average which is at 3.23. JOE pays more dividend than 85.94% of the companies in the same industry.
With a Dividend Yield of 1.19, JOE pays less dividend than the S&P500 average, which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
5.2 History
The dividend of JOE has a limited annual growth rate of 1.69%.
JOE has been paying a dividend for at least 10 years, so it has a reliable track record.
JOE has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.69%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
JOE pays out 40.91% of its income as dividend. This is a bit on the high side, but may be sustainable.
JOE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP40.91%
EPS Next 2YN/A
EPS Next 3YN/A
47.06
+0.06 (+0.13%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners86.55%
Inst Owner Change-0.29%
Ins Owners0.29%
Ins Owner Change-3.88%
Market Cap2.75B
Analysts45
Price TargetN/A
Short Float %1.28%
Short Ratio3.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
Yearly Dividend0.52
Dividend Growth(5Y)1.69%
DP40.91%
Div Incr Years4
Div Non Decr Years4
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)N/A
PT rev (3m)N/A
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 | 37.06 | ||
| Fwd PE | N/A | ||
| P/S | 6.82 | ||
| P/FCF | 27.38 | ||
| P/OCF | 25.42 | ||
| P/B | 3.79 | ||
| P/tB | 3.79 | ||
| EV/EBITDA | 23.05 |
EPS(TTM)1.27
EY2.7%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)1.72
FCFY3.65%
OCF(TTM)1.85
OCFY3.93%
SpS6.9
BVpS12.42
TBVpS12.42
PEG (NY)N/A
PEG (5Y)1.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.82% | ||
| ROE | 10.24% | ||
| ROCE | 6.42% | ||
| ROIC | 4.73% | ||
| ROICexc | 5.03% | ||
| ROICexgc | 5.05% | ||
| OM | 23.73% | ||
| PM (TTM) | 18.42% | ||
| GM | 41.52% | ||
| FCFM | 24.89% |
ROA(3y)4.96%
ROA(5y)5.08%
ROE(3y)10.95%
ROE(5y)10.67%
ROIC(3y)4.22%
ROIC(5y)4.45%
ROICexc(3y)4.44%
ROICexc(5y)4.74%
ROICexgc(3y)4.48%
ROICexgc(5y)4.82%
ROCE(3y)5.71%
ROCE(5y)6.02%
ROICexcg growth 3Y-8.77%
ROICexcg growth 5Y8.02%
ROICexc growth 3Y-8.14%
ROICexc growth 5Y8.7%
OM growth 3Y-12.47%
OM growth 5Y-0.74%
PM growth 3Y-12.96%
PM growth 5Y-2.67%
GM growth 3Y-6.52%
GM growth 5Y-3.48%
F-Score7
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 6.15 | ||
| Debt/EBITDA | 4.34 | ||
| Cap/Depr | 16.7% | ||
| Cap/Sales | 1.92% | ||
| Interest Coverage | 2.92 | ||
| Cash Conversion | 76.07% | ||
| Profit Quality | 135.13% | ||
| Current Ratio | 3.12 | ||
| Quick Ratio | 3.04 | ||
| Altman-Z | 2.98 |
F-Score7
WACC8.02%
ROIC/WACC0.59
Cap/Depr(3y)21.51%
Cap/Depr(5y)26.54%
Cap/Sales(3y)2.13%
Cap/Sales(5y)2.31%
Profit Quality(3y)106.16%
Profit Quality(5y)106.5%
High Growth Momentum
Growth
EPS 1Y (TTM)-5.22%
EPS 3Y0.04%
EPS 5Y22.55%
EPS Q2Q%39.13%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.44%
Revenue growth 3Y14.68%
Revenue growth 5Y25.94%
Sales Q2Q%20.3%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y5.38%
EBIT growth 3Y0.38%
EBIT growth 5Y25.02%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y2.64%
FCF growth 3Y-2.3%
FCF growth 5Y36.7%
OCF growth 1Y3.99%
OCF growth 3Y-1.15%
OCF growth 5Y28.86%