LXP INDUSTRIAL TRUST (LXP)
US5290431015 - REIT
Taking everything into account, LXP scores 3 out of 10 in our fundamental rating. LXP was compared to 130 industry peers in the Diversified REITs industry. There are concerns on the financial health of LXP while its profitability can be described as average. LXP does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year LXP has reported negative net income.
In the past year LXP had a positive cash flow from operations.
Each year in the past 5 years LXP has been profitable.
In the past 5 years LXP always reported a positive cash flow from operatings.
1.2 Ratios
LXP has a Return On Assets of 0.51%. This is comparable to the rest of the industry: LXP outperforms 46.88% of its industry peers.
The Return On Equity of LXP (0.93%) is comparable to the rest of the industry.
LXP has a worse Return On Invested Capital (1.11%) than 86.72% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LXP is in line with the industry average of 3.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.51% | ||
| ROE | 0.93% | ||
| ROIC | 1.11% |
ROA(3y)4.2%
ROA(5y)5.25%
ROE(3y)7.34%
ROE(5y)9.41%
ROIC(3y)1.29%
ROIC(5y)1.77%
1.3 Margins
Looking at the Profit Margin, with a value of 5.73%, LXP is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Profit Margin of LXP has declined.
With a Operating Margin value of 15.40%, LXP is not doing good in the industry: 64.06% of the companies in the same industry are doing better.
LXP's Operating Margin has declined in the last couple of years.
LXP has a better Gross Margin (83.89%) than 85.16% of its industry peers.
In the last couple of years the Gross Margin of LXP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.4% | ||
| PM (TTM) | 5.73% | ||
| GM | 83.89% |
OM growth 3Y-14.47%
OM growth 5Y-14%
PM growth 3Y-49.22%
PM growth 5Y-33.92%
GM growth 3Y-1.78%
GM growth 5Y-1.23%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LXP is destroying value.
Compared to 1 year ago, LXP has more shares outstanding
Compared to 5 years ago, LXP has more shares outstanding
The debt/assets ratio for LXP is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.50, we must say that LXP is in the distress zone and has some risk of bankruptcy.
LXP has a Altman-Z score (0.50) which is comparable to the rest of the industry.
LXP has a debt to FCF ratio of 28.77. This is a negative value and a sign of low solvency as LXP would need 28.77 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 28.77, LXP is in the better half of the industry, outperforming 63.28% of the companies in the same industry.
A Debt/Equity ratio of 0.75 indicates that LXP is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.75, LXP is doing good in the industry, outperforming 74.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 28.77 | ||
| Altman-Z | 0.5 |
ROIC/WACC0.17
WACC6.5%
2.3 Liquidity
A Current Ratio of 1.07 indicates that LXP should not have too much problems paying its short term obligations.
LXP's Current ratio of 1.07 is in line compared to the rest of the industry. LXP outperforms 41.41% of its industry peers.
A Quick Ratio of 1.07 indicates that LXP should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.07, LXP is in line with its industry, outperforming 46.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.07 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
LXP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -100.00%.
LXP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.33% yearly.
LXP shows a small growth in Revenue. In the last year, the Revenue has grown by 0.55%.
The Revenue has been decreasing by -3.02% on average over the past years.
EPS 1Y (TTM)-100%
EPS 3Y-50%
EPS 5Y-2.33%
EPS Q2Q%-150%
Revenue 1Y (TTM)0.55%
Revenue growth 3Y1.01%
Revenue growth 5Y-3.02%
Sales Q2Q%2.06%
3.2 Future
Based on estimates for the next years, LXP will show a small growth in Earnings Per Share. The EPS will grow by 2.38% on average per year.
LXP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.11% yearly.
EPS Next Y-129.45%
EPS Next 2Y-48.68%
EPS Next 3Y2.38%
EPS Next 5YN/A
Revenue Next Year0.39%
Revenue Next 2Y1.98%
Revenue Next 3Y6.11%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
LXP is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LXP indicates a slightly more expensive valuation: LXP is more expensive than 69.53% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LXP is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.78 | ||
| EV/EBITDA | 16.57 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-48.68%
EPS Next 3Y2.38%
5. Dividend
5.1 Amount
LXP has a Yearly Dividend Yield of 6.57%, which is a nice return.
Compared to an average industry Dividend Yield of 16.05, LXP pays a bit more dividend than its industry peers.
LXP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.57% |
5.2 History
The dividend of LXP decreases each year by -6.79%.
LXP has been paying a dividend for at least 10 years, so it has a reliable track record.
LXP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-6.79%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
LXP pays out 802.00% of its income as dividend. This is not a sustainable payout ratio.
DP802%
EPS Next 2Y-48.68%
EPS Next 3Y2.38%
LXP INDUSTRIAL TRUST
NYSE:LXP (12/24/2024, 8:26:19 PM)
After market: 8.3 0 (0%)8.3
+0.02 (+0.24%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners96.99%
Inst Owner Change-0.55%
Ins Owners1.97%
Ins Owner Change-1.18%
Market Cap2.44B
Analysts76
Price Target11.48 (38.31%)
Short Float %1.85%
Short Ratio2.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.57% |
Dividend Growth(5Y)-6.79%
DP802%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)36.34%
Min EPS beat(2)15.12%
Max EPS beat(2)57.56%
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)1
Avg Revenue beat(2)0.24%
Min Revenue beat(2)-0.12%
Max Revenue beat(2)0.6%
Revenue beat(4)2
Avg Revenue beat(4)0.43%
Min Revenue beat(4)-3.28%
Max Revenue beat(4)4.5%
Revenue beat(8)5
Avg Revenue beat(8)0.78%
Revenue beat(12)7
Avg Revenue beat(12)0.72%
Revenue beat(16)10
Avg Revenue beat(16)1.4%
PT rev (1m)-2.17%
PT rev (3m)10.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-100%
EPS NY rev (1m)30%
EPS NY rev (3m)6.68%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 7.18 | ||
| P/FCF | 44.78 | ||
| P/OCF | 12.35 | ||
| P/B | 1.16 | ||
| P/tB | 1.16 | ||
| EV/EBITDA | 16.57 |
EPS(TTM)0
EYN/A
EPS(NY)-0.02
Fwd EYN/A
FCF(TTM)0.19
FCFY2.23%
OCF(TTM)0.67
OCFY8.1%
SpS1.16
BVpS7.13
TBVpS7.13
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.51% | ||
| ROE | 0.93% | ||
| ROCE | 1.41% | ||
| ROIC | 1.11% | ||
| ROICexc | 1.13% | ||
| ROICexgc | 1.14% | ||
| OM | 15.4% | ||
| PM (TTM) | 5.73% | ||
| GM | 83.89% | ||
| FCFM | 16.03% |
ROA(3y)4.2%
ROA(5y)5.25%
ROE(3y)7.34%
ROE(5y)9.41%
ROIC(3y)1.29%
ROIC(5y)1.77%
ROICexc(3y)1.35%
ROICexc(5y)1.85%
ROICexgc(3y)1.36%
ROICexgc(5y)1.86%
ROCE(3y)1.64%
ROCE(5y)2.24%
ROICexcg growth 3Y-18.95%
ROICexcg growth 5Y-22.37%
ROICexc growth 3Y-19%
ROICexc growth 5Y-22.37%
OM growth 3Y-14.47%
OM growth 5Y-14%
PM growth 3Y-49.22%
PM growth 5Y-33.92%
GM growth 3Y-1.78%
GM growth 5Y-1.23%
F-Score7
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 28.77 | ||
| Debt/EBITDA | 6.57 | ||
| Cap/Depr | 76.83% | ||
| Cap/Sales | 42.09% | ||
| Interest Coverage | 0.86 | ||
| Cash Conversion | 82.81% | ||
| Profit Quality | 279.67% | ||
| Current Ratio | 1.07 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z | 0.5 |
F-Score7
WACC6.5%
ROIC/WACC0.17
Cap/Depr(3y)304.91%
Cap/Depr(5y)358%
Cap/Sales(3y)163.76%
Cap/Sales(5y)182.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-100%
EPS 3Y-50%
EPS 5Y-2.33%
EPS Q2Q%-150%
EPS Next Y-129.45%
EPS Next 2Y-48.68%
EPS Next 3Y2.38%
EPS Next 5YN/A
Revenue 1Y (TTM)0.55%
Revenue growth 3Y1.01%
Revenue growth 5Y-3.02%
Sales Q2Q%2.06%
Revenue Next Year0.39%
Revenue Next 2Y1.98%
Revenue Next 3Y6.11%
Revenue Next 5YN/A
EBIT growth 1Y-13.3%
EBIT growth 3Y-13.61%
EBIT growth 5Y-16.6%
EBIT Next Year321.41%
EBIT Next 3Y67.13%
EBIT Next 5YN/A
FCF growth 1Y107.79%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.39%
OCF growth 3Y1.25%
OCF growth 5Y-0.78%