ARMADA HOFFLER PROPERTIES IN (AHH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AHH - US04208T1088 - REIT
6.89 USD
-0.06 (-0.86%)
6.89 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to AHH. AHH was compared to 124 industry peers in the Diversified REITs industry. AHH may be in some trouble as it scores bad on both profitability and health. AHH is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year AHH was profitable.
- In the past year AHH had a positive cash flow from operations.
- AHH had positive earnings in 4 of the past 5 years.
- In the past 5 years AHH always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of AHH (0.59%) is comparable to the rest of the industry.
- Looking at the Return On Equity, with a value of 2.37%, AHH is in line with its industry, outperforming 52.00% of the companies in the same industry.
- The Return On Invested Capital of AHH (2.78%) 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 3.05%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.59% | ||
| ROE | 2.37% | ||
| ROIC | 2.78% |
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 3.32%, AHH is in line with its industry, outperforming 45.60% of the companies in the same industry.
- In the last couple of years the Profit Margin of AHH has declined.
- The Operating Margin of AHH (17.49%) is worse than 60.00% of its industry peers.
- AHH's Operating Margin has declined in the last couple of years.
- AHH's Gross Margin of 42.97% is on the low side compared to the rest of the industry. AHH is outperformed by 80.00% of its industry peers.
- AHH's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.49% | ||
| PM (TTM) | 3.32% | ||
| GM | 42.97% |
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.
- AHH has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for AHH has been increased compared to 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 0.36, we must say that AHH is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 0.36, AHH perfoms like the industry average, outperforming 42.40% of the companies in the same industry.
- AHH has a debt to FCF ratio of 3036.42. This is a negative value and a sign of low solvency as AHH would need 3036.42 years to pay back of all of its debts.
- The Debt to FCF ratio of AHH (3036.42) is better than 60.80% of its industry peers.
- AHH has a Debt/Equity ratio of 2.42. This is a high value indicating a heavy dependency on external financing.
- AHH's Debt to Equity ratio of 2.42 is on the low side compared to the rest of the industry. AHH is outperformed by 75.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 3036.42 | ||
| Altman-Z | 0.36 |
ROIC/WACC0.4
WACC6.91%
2.3 Liquidity
- AHH has a Current Ratio of 1.00. This is a normal value and indicates that AHH is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of AHH (1.00) is comparable to the rest of the industry.
- AHH has a Quick 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.
- Looking at the Quick ratio, with a value of 0.97, AHH is in line with its industry, outperforming 51.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
- AHH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 284.21%, which is quite impressive.
- 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 -39.94% in the past year. This is quite bad
- Measured over the past years, AHH shows a very strong growth in Revenue. The Revenue has been growing by 22.46% on average per year.
EPS 1Y (TTM)284.21%
EPS 3Y-4.47%
EPS 5Y-3.62%
EPS Q2Q%63.64%
Revenue 1Y (TTM)-39.94%
Revenue growth 3Y35.61%
Revenue growth 5Y22.46%
Sales Q2Q%0.18%
3.2 Future
- AHH is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -20.37% yearly.
- Based on estimates for the next years, AHH will show a small growth in Revenue. The Revenue will grow by 4.19% on average per year.
EPS Next Y-82.18%
EPS Next 2Y-40.29%
EPS Next 3Y-20.37%
EPS Next 5YN/A
Revenue Next Year3.64%
Revenue Next 2Y4.3%
Revenue Next 3Y4.79%
Revenue Next 5Y4.19%
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
- AHH is valuated rather expensively with a Price/Earnings ratio of 19.69.
- 83.20% of the companies in the same industry are more expensive than AHH, based on the Price/Earnings ratio.
- AHH is valuated rather cheaply when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- AHH is valuated quite expensively with a Price/Forward Earnings ratio of 56.85.
- The rest of the industry has a similar Price/Forward Earnings ratio as AHH.
- When comparing the Price/Forward Earnings ratio of AHH to the average of the S&P500 Index (25.98), we can say AHH is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.69 | ||
| Fwd PE | 56.85 |
4.2 Price Multiples
- AHH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AHH is cheaper than 68.80% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of AHH indicates a somewhat cheap valuation: AHH is cheaper than 60.80% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1373.63 | ||
| EV/EBITDA | 13 |
4.3 Compensation for Growth
- A cheap valuation may be justified as AHH's earnings are expected to decrease with -20.37% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-40.29%
EPS Next 3Y-20.37%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 8.06%, AHH is a good candidate for dividend investing.
- AHH's Dividend Yield is rather good when compared to the industry average which is at 6.82. AHH pays more dividend than 81.60% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, AHH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.06% |
5.2 History
- The dividend of AHH decreases each year by -0.20%.
- AHH has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of AHH decreased recently.
Dividend Growth(5Y)-0.2%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 600.47% of the earnings are spent on dividend by AHH. This is not a sustainable payout ratio.
- The Dividend Rate of AHH has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP600.47%
EPS Next 2Y-40.29%
EPS Next 3Y-20.37%
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.
Can you provide the valuation status for ARMADA HOFFLER PROPERTIES IN?
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 are the PE and PB ratios of ARMADA HOFFLER PROPERTIES IN (AHH) stock?
The Price/Earnings (PE) ratio for ARMADA HOFFLER PROPERTIES IN (AHH) is 19.69 and the Price/Book (PB) ratio is 1.12.
Can you provide the financial health for AHH stock?
The financial health rating of ARMADA HOFFLER PROPERTIES IN (AHH) is 3 / 10.