ARMADA HOFFLER PROPERTIES IN (AHH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AHH - US04208T1088 - REIT
6.79 USD
+0.16 (+2.41%)
6.74 USD
-0.05 (-0.74%)
Overall AHH gets a fundamental rating of 3 out of 10. We evaluated AHH against 127 industry peers in the Diversified REITs industry. Both the profitability and financial health of AHH have multiple concerns. While showing a medium growth rate, AHH is valued expensive at the moment.
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.
Of the past 5 years AHH 4 years were profitable.
In the past 5 years AHH always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.59%, AHH is in line with its industry, outperforming 47.24% of the companies in the same industry.
AHH's Return On Equity of 2.37% is in line compared to the rest of the industry. AHH outperforms 51.97% of its industry peers.
AHH has a Return On Invested Capital (2.78%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for AHH is in line with the industry average of 3.06%.
| 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
AHH's Profit Margin of 3.32% is in line compared to the rest of the industry. AHH outperforms 45.67% of its industry peers.
In the last couple of years the Profit Margin of AHH has declined.
With a Operating Margin value of 17.49%, AHH perfoms like the industry average, outperforming 40.16% of the companies in the same industry.
AHH's Operating Margin has declined in the last couple of years.
The Gross Margin of AHH (42.97%) is worse than 80.31% 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
AHH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AHH has been increased compared to 1 year ago.
Compared to 5 years ago, AHH has more shares outstanding
AHH has a better debt/assets ratio than last year.
2.2 Solvency
AHH has an Altman-Z score of 0.36. This is a bad value and indicates that AHH is not financially healthy and even has some risk of bankruptcy.
AHH has a Altman-Z score (0.36) which is comparable to the rest of the industry.
The Debt to FCF ratio of AHH is 3036.42, which is on the high side as it means it would take AHH, 3036.42 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AHH (3036.42) is comparable to the rest of the industry.
AHH has a Debt/Equity ratio of 2.42. This is a high value indicating a heavy dependency on external financing.
AHH has a Debt to Equity ratio of 2.42. This is in the lower half of the industry: AHH underperforms 75.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 3036.42 | ||
| Altman-Z | 0.36 |
ROIC/WACC0.41
WACC6.82%
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.
Looking at the Current ratio, with a value of 1.00, AHH is in line with its industry, outperforming 51.97% of the companies in the same 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.
The Quick ratio of AHH (0.97) is comparable to the rest of the 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.
AHH shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.62% yearly.
AHH shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -39.94%.
The Revenue has been growing by 22.46% on average over the past years. This is a very strong growth!
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
The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
AHH is valuated rather expensively with a Price/Earnings ratio of 19.40.
83.46% of the companies in the same industry are more expensive than AHH, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of AHH to the average of the S&P500 Index (27.00), we can say AHH is valued slightly cheaper.
AHH is valuated quite expensively with a Price/Forward Earnings ratio of 56.02.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AHH is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of AHH to the average of the S&P500 Index (23.70), we can say AHH is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.4 | ||
| Fwd PE | 56.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AHH is valued a bit cheaper than 67.72% of the companies in the same industry.
AHH's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1353.69 | ||
| EV/EBITDA | 12.94 |
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
AHH has a Yearly Dividend Yield of 8.46%, which is a nice return.
AHH's Dividend Yield is rather good when compared to the industry average which is at 6.83. AHH pays more dividend than 81.10% of the companies in the same industry.
AHH's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.46% |
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.
AHH has decreased its dividend recently.
Dividend Growth(5Y)-0.2%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
AHH pays out 600.47% of its income as dividend. 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%
6.79
+0.16 (+2.41%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners78.11%
Inst Owner Change0%
Ins Owners0.63%
Ins Owner Change-4.08%
Market Cap703.92M
Revenue(TTM)454.59M
Net Income(TTM)15.11M
Analysts80
Price Target8.16 (20.18%)
Short Float %3.94%
Short Ratio3.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.46% |
Yearly Dividend1.15
Dividend Growth(5Y)-0.2%
DP600.47%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)110.59%
Min EPS beat(2)-188.01%
Max EPS beat(2)409.19%
EPS beat(4)2
Avg EPS beat(4)157.94%
Min EPS beat(4)-347.52%
Max EPS beat(4)758.09%
EPS beat(8)3
Avg EPS beat(8)54.5%
EPS beat(12)5
Avg EPS beat(12)33.16%
EPS beat(16)9
Avg EPS beat(16)63.63%
Revenue beat(2)2
Avg Revenue beat(2)0.85%
Min Revenue beat(2)0.12%
Max Revenue beat(2)1.58%
Revenue beat(4)2
Avg Revenue beat(4)-1.21%
Min Revenue beat(4)-6.51%
Max Revenue beat(4)1.58%
Revenue beat(8)5
Avg Revenue beat(8)-0.68%
Revenue beat(12)8
Avg Revenue beat(12)14.74%
Revenue beat(16)12
Avg Revenue beat(16)30.94%
PT rev (1m)0%
PT rev (3m)-3.61%
EPS NQ rev (1m)60%
EPS NQ rev (3m)-11.11%
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)0.64%
Revenue NQ rev (3m)2.15%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.4 | ||
| Fwd PE | 56.02 | ||
| P/S | 1.55 | ||
| P/FCF | 1353.69 | ||
| P/OCF | 12.07 | ||
| P/B | 1.1 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 12.94 |
EPS(TTM)0.35
EY5.15%
EPS(NY)0.12
Fwd EY1.78%
FCF(TTM)0.01
FCFY0.07%
OCF(TTM)0.56
OCFY8.28%
SpS4.38
BVpS6.16
TBVpS5.39
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.59% | ||
| ROE | 2.37% | ||
| ROCE | 3.27% | ||
| ROIC | 2.78% | ||
| ROICexc | 2.84% | ||
| ROICexgc | 3.02% | ||
| OM | 17.49% | ||
| PM (TTM) | 3.32% | ||
| GM | 42.97% | ||
| FCFM | 0.11% |
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 Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 3036.42 | ||
| Debt/EBITDA | 8.95 | ||
| Cap/Depr | 61.9% | ||
| Cap/Sales | 12.71% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 33.73% | ||
| Profit Quality | 3.44% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 0.36 |
F-Score6
WACC6.82%
ROIC/WACC0.41
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)284.21%
EPS 3Y-4.47%
EPS 5Y-3.62%
EPS Q2Q%63.64%
EPS Next Y-82.18%
EPS Next 2Y-40.29%
EPS Next 3Y-20.37%
EPS Next 5YN/A
Revenue 1Y (TTM)-39.94%
Revenue growth 3Y35.61%
Revenue growth 5Y22.46%
Sales Q2Q%0.18%
Revenue Next Year3.64%
Revenue Next 2Y4.3%
Revenue Next 3Y4.79%
Revenue Next 5Y4.19%
EBIT growth 1Y-2.16%
EBIT growth 3Y28.78%
EBIT growth 5Y18.79%
EBIT Next Year76.42%
EBIT Next 3Y25.9%
EBIT Next 5Y18.02%
FCF growth 1Y-92%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-50.13%
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.
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 19.4 and the Price/Book (PB) ratio is 1.1.
Can you provide the financial health for AHH stock?
The financial health rating of ARMADA HOFFLER PROPERTIES IN (AHH) is 2 / 10.