ARMADA HOFFLER PROPERTIES IN (AHH) Stock Fundamental Analysis
USA - NYSE:AHH - US04208T1088 - REIT
6.75 USD
-0.03 (-0.44%)
6.75 USD
0 (0%)
Overall AHH gets a fundamental rating of 3 out of 10. We evaluated AHH against 127 industry peers in the Diversified REITs industry. AHH has a bad profitability rating. Also its financial health evaluation is rather negative. AHH is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
AHH had positive earnings in the past year.
AHH had a positive operating cash flow in the past year.
AHH had positive earnings in 4 of the past 5 years.
AHH 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 0.39%, AHH is in line with its industry, outperforming 45.67% of the companies in the same industry.
The Return On Equity of AHH (1.53%) is comparable to the rest of the industry.
The Return On Invested Capital of AHH (2.85%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for AHH is in line with the industry average of 3.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 1.53% | ||
| ROIC | 2.85% |
ROA(3y)1.22%
ROA(5y)1.06%
ROE(3y)4.26%
ROE(5y)3.76%
ROIC(3y)3.02%
ROIC(5y)2.68%
1.3 Margins
Looking at the Profit Margin, with a value of 1.83%, AHH is in line with its industry, outperforming 44.09% of the companies in the same industry.
In the last couple of years the Profit Margin of AHH has declined.
AHH's Operating Margin of 14.80% is on the low side compared to the rest of the industry. AHH is outperformed by 66.93% of its industry peers.
In the last couple of years the Operating Margin of AHH has declined.
The Gross Margin of AHH (36.25%) is worse than 85.04% of its industry peers.
In the last couple of years the Gross Margin of AHH has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.8% | ||
| PM (TTM) | 1.83% | ||
| GM | 36.25% |
OM growth 3Y-5.03%
OM growth 5Y-3%
PM growth 3Y-2.11%
PM growth 5Y-16.54%
GM growth 3Y-13.85%
GM growth 5Y-7.04%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AHH is destroying value.
The number of shares outstanding for AHH has been increased compared to 1 year ago.
AHH has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, AHH has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.40, we must say that AHH is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.40, AHH is in line with its industry, outperforming 42.52% of the companies in the same industry.
The Debt to FCF ratio of AHH is 485.47, which is on the high side as it means it would take AHH, 485.47 years of fcf income to pay off all of its debts.
AHH has a Debt to FCF ratio (485.47) which is in line with its industry peers.
AHH has a Debt/Equity ratio of 2.31. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.31, AHH is doing worse than 76.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.31 | ||
| Debt/FCF | 485.47 | ||
| Altman-Z | 0.4 |
ROIC/WACC0.42
WACC6.84%
2.3 Liquidity
AHH has a Current Ratio of 1.00. This is a bad value and indicates that AHH is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of AHH (1.00) is comparable to the rest of the industry.
A Quick Ratio of 0.97 indicates that AHH may have some problems paying its short term obligations.
AHH's Quick ratio of 0.97 is in line compared to the rest of the industry. AHH outperforms 52.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1500.00% over the past year.
Measured over the past years, AHH shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.62% on average per year.
The Revenue for AHH has decreased by -25.72% in the past year. This is quite bad
AHH shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.46% yearly.
EPS 1Y (TTM)1500%
EPS 3Y-4.47%
EPS 5Y-3.62%
EPS Q2Q%800%
Revenue 1Y (TTM)-25.72%
Revenue growth 3Y35.61%
Revenue growth 5Y22.46%
Sales Q2Q%60.06%
3.2 Future
The Earnings Per Share is expected to decrease by -8.84% on average over the next years.
Based on estimates for the next years, AHH will show a small growth in Revenue. The Revenue will grow by 3.96% on average per year.
EPS Next Y-100%
EPS Next 2Y-13.82%
EPS Next 3Y-8.84%
EPS Next 5YN/A
Revenue Next Year3.68%
Revenue Next 2Y3.45%
Revenue Next 3Y3.98%
Revenue Next 5Y3.96%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 24.11, which indicates a rather expensive current valuation of AHH.
Based on the Price/Earnings ratio, AHH is valued a bit cheaper than the industry average as 75.59% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AHH to the average of the S&P500 Index (27.08), we can say AHH is valued inline with the index average.
The Price/Forward Earnings ratio is 26.73, which means the current valuation is very expensive for AHH.
AHH's Price/Forward Earnings ratio is rather cheap when compared to the industry. AHH is cheaper than 81.10% of the companies in the same industry.
AHH is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.11 | ||
| Fwd PE | 26.73 |
4.2 Price Multiples
AHH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AHH is cheaper than 70.87% of the companies in the same industry.
AHH's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 220.59 | ||
| EV/EBITDA | 12.54 |
4.3 Compensation for Growth
A cheap valuation may be justified as AHH's earnings are expected to decrease with -8.84% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-13.82%
EPS Next 3Y-8.84%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.28%, AHH is a good candidate for dividend investing.
AHH's Dividend Yield is rather good when compared to the industry average which is at 6.15. AHH pays more dividend than 81.89% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.30, AHH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.28% |
5.2 History
The dividend of AHH decreases each year by -0.20%.
AHH has paid a dividend for at least 10 years, which is a reliable track record.
AHH has decreased its dividend recently.
Dividend Growth(5Y)-0.2%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
AHH pays out 835.66% of its income as dividend. This is not a sustainable payout ratio.
AHH's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP835.66%
EPS Next 2Y-13.82%
EPS Next 3Y-8.84%
6.75
-0.03 (-0.44%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners80%
Inst Owner Change-1.77%
Ins Owners1%
Ins Owner Change-2.56%
Market Cap699.71M
Revenue(TTM)546.16M
Net Income(TTM)10.00M
Analysts80
Price Target8.47 (25.48%)
Short Float %2.52%
Short Ratio3.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.28% |
Yearly Dividend1.15
Dividend Growth(5Y)-0.2%
DP835.66%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)30.83%
Min EPS beat(2)-347.52%
Max EPS beat(2)409.19%
EPS beat(4)2
Avg EPS beat(4)134.56%
Min EPS beat(4)-347.52%
Max EPS beat(4)758.09%
EPS beat(8)3
Avg EPS beat(8)73.46%
EPS beat(12)6
Avg EPS beat(12)69.66%
EPS beat(16)10
Avg EPS beat(16)76.09%
Revenue beat(2)1
Avg Revenue beat(2)27.8%
Min Revenue beat(2)-0.02%
Max Revenue beat(2)55.62%
Revenue beat(4)2
Avg Revenue beat(4)13.39%
Min Revenue beat(4)-6.51%
Max Revenue beat(4)55.62%
Revenue beat(8)5
Avg Revenue beat(8)6.53%
Revenue beat(12)8
Avg Revenue beat(12)29.99%
Revenue beat(16)12
Avg Revenue beat(16)36.86%
PT rev (1m)0%
PT rev (3m)-2.35%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.5%
EPS NY rev (1m)N/A
EPS NY rev (3m)-100%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.11 | ||
| Fwd PE | 26.73 | ||
| P/S | 1.28 | ||
| P/FCF | 220.59 | ||
| P/OCF | 11.79 | ||
| P/B | 1.07 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 12.54 |
EPS(TTM)0.28
EY4.15%
EPS(NY)0.25
Fwd EY3.74%
FCF(TTM)0.03
FCFY0.45%
OCF(TTM)0.57
OCFY8.48%
SpS5.27
BVpS6.29
TBVpS5.48
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 1.53% | ||
| ROCE | 3.34% | ||
| ROIC | 2.85% | ||
| ROICexc | 2.91% | ||
| ROICexgc | 3.09% | ||
| OM | 14.8% | ||
| PM (TTM) | 1.83% | ||
| GM | 36.25% | ||
| FCFM | 0.58% |
ROA(3y)1.22%
ROA(5y)1.06%
ROE(3y)4.26%
ROE(5y)3.76%
ROIC(3y)3.02%
ROIC(5y)2.68%
ROICexc(3y)3.1%
ROICexc(5y)2.75%
ROICexgc(3y)3.34%
ROICexgc(5y)2.94%
ROCE(3y)3.55%
ROCE(5y)3.15%
ROICexgc growth 3Y20.77%
ROICexgc growth 5Y12.99%
ROICexc growth 3Y20.3%
ROICexc growth 5Y12.79%
OM growth 3Y-5.03%
OM growth 5Y-3%
PM growth 3Y-2.11%
PM growth 5Y-16.54%
GM growth 3Y-13.85%
GM growth 5Y-7.04%
F-Score6
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.31 | ||
| Debt/FCF | 485.47 | ||
| Debt/EBITDA | 8.62 | ||
| Cap/Depr | 59.82% | ||
| Cap/Sales | 10.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 33.97% | ||
| Profit Quality | 31.73% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 0.4 |
F-Score6
WACC6.84%
ROIC/WACC0.42
Cap/Depr(3y)149.29%
Cap/Depr(5y)164.85%
Cap/Sales(3y)23.05%
Cap/Sales(5y)29.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1500%
EPS 3Y-4.47%
EPS 5Y-3.62%
EPS Q2Q%800%
EPS Next Y-100%
EPS Next 2Y-13.82%
EPS Next 3Y-8.84%
EPS Next 5YN/A
Revenue 1Y (TTM)-25.72%
Revenue growth 3Y35.61%
Revenue growth 5Y22.46%
Sales Q2Q%60.06%
Revenue Next Year3.68%
Revenue Next 2Y3.45%
Revenue Next 3Y3.98%
Revenue Next 5Y3.96%
EBIT growth 1Y3.11%
EBIT growth 3Y28.78%
EBIT growth 5Y18.79%
EBIT Next Year82.44%
EBIT Next 3Y27.51%
EBIT Next 5Y17.42%
FCF growth 1Y117.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-44.53%
OCF growth 3Y7.09%
OCF growth 5Y10.6%
ARMADA HOFFLER PROPERTIES IN / AHH FAQ
What is the ChartMill fundamental rating of ARMADA HOFFLER PROPERTIES IN (AHH) stock?
ChartMill assigns a fundamental rating of 3 / 10 to AHH.
What is the valuation status for AHH stock?
ChartMill assigns a valuation rating of 3 / 10 to ARMADA HOFFLER PROPERTIES IN (AHH). This can be considered as Overvalued.
What is the profitability of AHH stock?
ARMADA HOFFLER PROPERTIES IN (AHH) has a profitability rating of 3 / 10.
What is the earnings growth outlook for ARMADA HOFFLER PROPERTIES IN?
The Earnings per Share (EPS) of ARMADA HOFFLER PROPERTIES IN (AHH) is expected to decline by -100% in the next year.
Is the dividend of ARMADA HOFFLER PROPERTIES IN sustainable?
The dividend rating of ARMADA HOFFLER PROPERTIES IN (AHH) is 5 / 10 and the dividend payout ratio is 835.66%.