ACADIA REALTY TRUST (AKR) Stock Fundamental Analysis
USA - NYSE:AKR - US0042391096 - REIT
19.95 USD
+0.08 (+0.4%)
19.95 USD
0 (0%)
Taking everything into account, AKR scores 3 out of 10 in our fundamental rating. AKR was compared to 127 industry peers in the Diversified REITs industry. AKR has a medium profitability rating, but doesn't score so well on its financial health evaluation. AKR is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
AKR had positive earnings in the past year.
AKR had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AKR reported negative net income in multiple years.
In the past 5 years AKR always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of AKR (0.39%) is comparable to the rest of the industry.
AKR has a Return On Equity of 0.85%. This is comparable to the rest of the industry: AKR outperforms 44.09% of its industry peers.
AKR has a Return On Invested Capital of 1.29%. This is in the lower half of the industry: AKR underperforms 78.74% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AKR is below the industry average of 3.07%.
The last Return On Invested Capital (1.29%) for AKR is above the 3 year average (1.04%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 0.85% | ||
| ROIC | 1.29% |
ROA(3y)0.02%
ROA(5y)0.08%
ROE(3y)0%
ROE(5y)0.17%
ROIC(3y)1.04%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 4.98%, AKR is in line with its industry, outperforming 50.39% of the companies in the same industry.
In the last couple of years the Profit Margin of AKR has declined.
Looking at the Operating Margin, with a value of 19.86%, AKR is in line with its industry, outperforming 48.03% of the companies in the same industry.
In the last couple of years the Operating Margin of AKR has grown nicely.
AKR's Gross Margin of 70.01% is in line compared to the rest of the industry. AKR outperforms 59.84% of its industry peers.
AKR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.86% | ||
| PM (TTM) | 4.98% | ||
| GM | 70.01% |
OM growth 3Y22.58%
OM growth 5Y4.29%
PM growth 3Y-10.1%
PM growth 5Y-20.93%
GM growth 3Y1.35%
GM growth 5Y-0.09%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AKR is destroying value.
Compared to 1 year ago, AKR has more shares outstanding
The number of shares outstanding for AKR has been increased compared to 5 years ago.
AKR has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.63, we must say that AKR is in the distress zone and has some risk of bankruptcy.
AKR has a Altman-Z score (0.63) which is in line with its industry peers.
A Debt/Equity ratio of 0.81 indicates that AKR is somewhat dependend on debt financing.
AKR has a Debt to Equity ratio of 0.81. This is in the better half of the industry: AKR outperforms 72.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.63 |
ROIC/WACC0.17
WACC7.45%
2.3 Liquidity
A Current Ratio of 1.60 indicates that AKR should not have too much problems paying its short term obligations.
The Current ratio of AKR (1.60) is better than 70.08% of its industry peers.
AKR has a Quick Ratio of 1.60. This is a bad value and indicates that AKR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.75, AKR is not doing good in the industry: 60.63% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.6 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 42.86% over the past year.
The earnings per share for AKR have been decreasing by -21.23% on average. This is quite bad
AKR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.49%.
The Revenue has been growing slightly by 4.43% on average over the past years.
EPS 1Y (TTM)42.86%
EPS 3Y-9.77%
EPS 5Y-21.23%
EPS Q2Q%-57.14%
Revenue 1Y (TTM)13.49%
Revenue growth 3Y7.14%
Revenue growth 5Y4.43%
Sales Q2Q%15.11%
3.2 Future
Based on estimates for the next years, AKR will show a very negative growth in Earnings Per Share. The EPS will decrease by -26.71% on average per year.
AKR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.10% yearly.
EPS Next Y28.67%
EPS Next 2Y36.04%
EPS Next 3Y23.71%
EPS Next 5Y-26.71%
Revenue Next Year14.59%
Revenue Next 2Y12.68%
Revenue Next 3Y12.84%
Revenue Next 5Y14.1%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 153.46, AKR can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of AKR indicates a slightly more expensive valuation: AKR is more expensive than 61.42% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.67. AKR is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 56.44, AKR can be considered very expensive at the moment.
AKR's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 31.86, AKR is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 153.46 | ||
| Fwd PE | 56.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AKR is valued more expensive than 84.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.53 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AKR does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as AKR's earnings are expected to grow with 23.71% in the coming years.
PEG (NY)5.35
PEG (5Y)N/A
EPS Next 2Y36.04%
EPS Next 3Y23.71%
5. Dividend
5.1 Amount
AKR has a Yearly Dividend Yield of 4.05%, which is a nice return.
AKR's Dividend Yield is slightly below the industry average, which is at 6.24.
Compared to an average S&P500 Dividend Yield of 2.40, AKR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
5.2 History
The dividend of AKR decreases each year by -8.60%.
AKR has been paying a dividend for at least 10 years, so it has a reliable track record.
AKR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-8.6%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
465.74% of the earnings are spent on dividend by AKR. This is not a sustainable payout ratio.
The Dividend Rate of AKR has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP465.74%
EPS Next 2Y36.04%
EPS Next 3Y23.71%
19.95
+0.08 (+0.4%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners111.52%
Inst Owner Change0.59%
Ins Owners0.48%
Ins Owner Change1.32%
Market Cap2.61B
Revenue(TTM)399.33M
Net Income(TTM)19.22M
Analysts83.64
Price Target23.29 (16.74%)
Short Float %14.01%
Short Ratio12.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
Yearly Dividend0.71
Dividend Growth(5Y)-8.6%
DP465.74%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-87.93%
Min EPS beat(2)-89.24%
Max EPS beat(2)-86.62%
EPS beat(4)0
Avg EPS beat(4)-49.16%
Min EPS beat(4)-89.24%
Max EPS beat(4)-8.81%
EPS beat(8)0
Avg EPS beat(8)-71.56%
EPS beat(12)3
Avg EPS beat(12)-652.26%
EPS beat(16)6
Avg EPS beat(16)-382.43%
Revenue beat(2)2
Avg Revenue beat(2)14.03%
Min Revenue beat(2)8.29%
Max Revenue beat(2)19.77%
Revenue beat(4)4
Avg Revenue beat(4)14.27%
Min Revenue beat(4)8.29%
Max Revenue beat(4)19.77%
Revenue beat(8)8
Avg Revenue beat(8)13.29%
Revenue beat(12)12
Avg Revenue beat(12)13.8%
Revenue beat(16)16
Avg Revenue beat(16)16.81%
PT rev (1m)0%
PT rev (3m)-1.58%
EPS NQ rev (1m)4.65%
EPS NQ rev (3m)-6.25%
EPS NY rev (1m)-9.37%
EPS NY rev (3m)-17.77%
Revenue NQ rev (1m)-0.11%
Revenue NQ rev (3m)1.33%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 153.46 | ||
| Fwd PE | 56.44 | ||
| P/S | 6.77 | ||
| P/FCF | N/A | ||
| P/OCF | 15.1 | ||
| P/B | 1.15 | ||
| P/tB | 1.22 | ||
| EV/EBITDA | 19.53 |
EPS(TTM)0.13
EY0.65%
EPS(NY)0.35
Fwd EY1.77%
FCF(TTM)-3.23
FCFYN/A
OCF(TTM)1.32
OCFY6.62%
SpS2.95
BVpS17.32
TBVpS16.32
PEG (NY)5.35
PEG (5Y)N/A
Graham Number7.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 0.85% | ||
| ROCE | 1.63% | ||
| ROIC | 1.29% | ||
| ROICexc | 1.3% | ||
| ROICexgc | 1.34% | ||
| OM | 19.86% | ||
| PM (TTM) | 4.98% | ||
| GM | 70.01% | ||
| FCFM | N/A |
ROA(3y)0.02%
ROA(5y)0.08%
ROE(3y)0%
ROE(5y)0.17%
ROIC(3y)1.04%
ROIC(5y)N/A
ROICexc(3y)1.04%
ROICexc(5y)N/A
ROICexgc(3y)1.08%
ROICexgc(5y)N/A
ROCE(3y)1.32%
ROCE(5y)N/A
ROICexgc growth 3Y30.54%
ROICexgc growth 5Y8.46%
ROICexc growth 3Y30.37%
ROICexc growth 5Y8.44%
OM growth 3Y22.58%
OM growth 5Y4.29%
PM growth 3Y-10.1%
PM growth 5Y-20.93%
GM growth 3Y1.35%
GM growth 5Y-0.09%
F-Score6
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.16 | ||
| Cap/Depr | 401.99% | ||
| Cap/Sales | 154.52% | ||
| Interest Coverage | 0.69 | ||
| Cash Conversion | 76.93% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.6 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 0.63 |
F-Score6
WACC7.45%
ROIC/WACC0.17
Cap/Depr(3y)178.12%
Cap/Depr(5y)147.55%
Cap/Sales(3y)71.71%
Cap/Sales(5y)61.48%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)42.86%
EPS 3Y-9.77%
EPS 5Y-21.23%
EPS Q2Q%-57.14%
EPS Next Y28.67%
EPS Next 2Y36.04%
EPS Next 3Y23.71%
EPS Next 5Y-26.71%
Revenue 1Y (TTM)13.49%
Revenue growth 3Y7.14%
Revenue growth 5Y4.43%
Sales Q2Q%15.11%
Revenue Next Year14.59%
Revenue Next 2Y12.68%
Revenue Next 3Y12.84%
Revenue Next 5Y14.1%
EBIT growth 1Y43.99%
EBIT growth 3Y31.32%
EBIT growth 5Y8.91%
EBIT Next Year228.27%
EBIT Next 3Y58.98%
EBIT Next 5Y46.57%
FCF growth 1Y-517.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9.64%
OCF growth 3Y10.18%
OCF growth 5Y1.34%
ACADIA REALTY TRUST / AKR FAQ
What is the fundamental rating for AKR stock?
ChartMill assigns a fundamental rating of 3 / 10 to AKR.
What is the valuation status of ACADIA REALTY TRUST (AKR) stock?
ChartMill assigns a valuation rating of 1 / 10 to ACADIA REALTY TRUST (AKR). This can be considered as Overvalued.
How profitable is ACADIA REALTY TRUST (AKR) stock?
ACADIA REALTY TRUST (AKR) has a profitability rating of 4 / 10.
What is the financial health of ACADIA REALTY TRUST (AKR) stock?
The financial health rating of ACADIA REALTY TRUST (AKR) is 2 / 10.
Is the dividend of ACADIA REALTY TRUST sustainable?
The dividend rating of ACADIA REALTY TRUST (AKR) is 4 / 10 and the dividend payout ratio is 465.74%.