ST JOE CO/THE (JOE) Stock Fundamental Analysis
NYSE:JOE - New York Stock Exchange, Inc. - US7901481009 - Common Stock - Currency: USD
Taking everything into account, JOE scores 6 out of 10 in our fundamental rating. JOE was compared to 65 industry peers in the Real Estate Management & Development industry. JOE scores excellent points on both the profitability and health parts. This is a solid base for a good stock. JOE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year JOE was profitable.
JOE had a positive operating cash flow in the past year.
Each year in the past 5 years JOE has been profitable.
JOE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
JOE has a Return On Assets of 5.02%. This is amongst the best in the industry. JOE outperforms 93.85% of its industry peers.
JOE has a Return On Equity of 10.68%. This is amongst the best in the industry. JOE outperforms 90.77% of its industry peers.
JOE's Return On Invested Capital of 4.78% is fine compared to the rest of the industry. JOE outperforms 75.38% of its industry peers.
JOE had an Average Return On Invested Capital over the past 3 years of 4.22%. This is in line with the industry average of 5.47%.
The 3 year average ROIC (4.22%) for JOE is below the current ROIC(4.78%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.02% | ||
| ROE | 10.68% | ||
| ROIC | 4.78% |
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
Looking at the Profit Margin, with a value of 19.00%, JOE belongs to the top of the industry, outperforming 89.23% of the companies in the same industry.
In the last couple of years the Profit Margin of JOE has declined.
JOE has a better Operating Margin (23.59%) than 87.69% of its industry peers.
In the last couple of years the Operating Margin of JOE has remained more or less at the same level.
Looking at the Gross Margin, with a value of 41.20%, JOE is in the better half of the industry, outperforming 72.31% of the companies in the same industry.
JOE's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.59% | ||
| PM (TTM) | 19% | ||
| GM | 41.2% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so JOE is destroying value.
The number of shares outstanding for JOE remains at a similar level compared to 1 year ago.
Compared to 5 years ago, JOE has less shares outstanding
JOE has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.07 indicates that JOE is not in any danger for bankruptcy at the moment.
JOE's Altman-Z score of 3.07 is fine compared to the rest of the industry. JOE outperforms 73.85% of its industry peers.
JOE has a debt to FCF ratio of 5.97. This is a neutral value as JOE would need 5.97 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 5.97, JOE is doing good in the industry, outperforming 75.38% of the companies in the same industry.
JOE has a Debt/Equity ratio of 0.84. This is a neutral value indicating JOE is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.84, JOE is doing worse than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 3.07 |
ROIC/WACC0.59
WACC8.12%
2.3 Liquidity
JOE has a Current Ratio of 2.74. This indicates that JOE is financially healthy and has no problem in meeting its short term obligations.
JOE's Current ratio of 2.74 is fine compared to the rest of the industry. JOE outperforms 73.85% of its industry peers.
A Quick Ratio of 2.66 indicates that JOE has no problem at all paying its short term obligations.
JOE has a better Quick ratio (2.66) than 78.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.74 | ||
| Quick Ratio | 2.66 |
3. Growth
3.1 Past
The earnings per share for JOE have decreased by -5.00% in the last year.
JOE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.55% yearly.
JOE shows a small growth in Revenue. In the last year, the Revenue has grown by 1.24%.
JOE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.94% yearly.
EPS 1Y (TTM)-5%
EPS 3Y0.04%
EPS 5Y22.55%
EPS Q2Q%25%
Revenue 1Y (TTM)1.24%
Revenue growth 3Y14.68%
Revenue growth 5Y25.94%
Sales Q2Q%7.29%
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
The Price/Earnings ratio is 37.10, which means the current valuation is very expensive for JOE.
72.31% of the companies in the same industry are more expensive than JOE, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of JOE to the average of the S&P500 Index (27.30), we can say JOE is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.1 | ||
| 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 69.23% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, JOE is valued a bit cheaper than the industry average as 76.92% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.92 | ||
| EV/EBITDA | 23.58 |
4.3 Compensation for Growth
JOE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.65
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
JOE has a Yearly Dividend Yield of 1.13%. 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 3.58. JOE pays more dividend than 84.62% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, JOE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
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
40.53% of the earnings are spent on dividend by JOE. This is a bit on the high side, but may be sustainable.
The dividend of JOE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP40.53%
EPS Next 2YN/A
EPS Next 3YN/A
49.34
+1.07 (+2.22%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners86.65%
Inst Owner Change0%
Ins Owners0.32%
Ins Owner Change-2.24%
Market Cap2.87B
Analysts45
Price TargetN/A
Short Float %1.6%
Short Ratio3.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
Yearly Dividend0.52
Dividend Growth(5Y)1.69%
DP40.53%
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 | 37.1 | ||
| Fwd PE | N/A | ||
| P/S | 7.02 | ||
| P/FCF | 27.92 | ||
| P/OCF | 26.26 | ||
| P/B | 3.95 | ||
| P/tB | 3.95 | ||
| EV/EBITDA | 23.58 |
EPS(TTM)1.33
EY2.7%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)1.77
FCFY3.58%
OCF(TTM)1.88
OCFY3.81%
SpS7.03
BVpS12.5
TBVpS12.5
PEG (NY)N/A
PEG (5Y)1.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.02% | ||
| ROE | 10.68% | ||
| ROCE | 6.47% | ||
| ROIC | 4.78% | ||
| ROICexc | 5.1% | ||
| ROICexgc | 5.12% | ||
| OM | 23.59% | ||
| PM (TTM) | 19% | ||
| GM | 41.2% | ||
| FCFM | 25.14% |
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-Score6
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 5.97 | ||
| Debt/EBITDA | 4.27 | ||
| Cap/Depr | 13.8% | ||
| Cap/Sales | 1.6% | ||
| Interest Coverage | 3.02 | ||
| Cash Conversion | 76.05% | ||
| Profit Quality | 132.34% | ||
| Current Ratio | 2.74 | ||
| Quick Ratio | 2.66 | ||
| Altman-Z | 3.07 |
F-Score6
WACC8.12%
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%
EPS 3Y0.04%
EPS 5Y22.55%
EPS Q2Q%25%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.24%
Revenue growth 3Y14.68%
Revenue growth 5Y25.94%
Sales Q2Q%7.29%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y1.23%
EBIT growth 3Y0.38%
EBIT growth 5Y25.02%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y157.18%
FCF growth 3Y-2.3%
FCF growth 5Y36.7%
OCF growth 1Y129.83%
OCF growth 3Y-1.15%
OCF growth 5Y28.86%