ALEXANDER & BALDWIN INC (ALEX) Stock Fundamental Analysis
USA - NYSE:ALEX - US0144911049 - REIT
15.84 USD
+0.3 (+1.93%)
15.97 USD
+0.13 (+0.82%)
Taking everything into account, ALEX scores 5 out of 10 in our fundamental rating. ALEX was compared to 128 industry peers in the Diversified REITs industry. While ALEX belongs to the best of the industry regarding profitability, there are concerns on its financial health. ALEX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
ALEX had positive earnings in the past year.
ALEX had a positive operating cash flow in the past year.
Of the past 5 years ALEX 4 years were profitable.
ALEX 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 4.43%, ALEX belongs to the top of the industry, outperforming 92.19% of the companies in the same industry.
With an excellent Return On Equity value of 7.25%, ALEX belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
With a decent Return On Invested Capital value of 3.56%, ALEX is doing good in the industry, outperforming 66.41% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ALEX is in line with the industry average of 3.04%.
The last Return On Invested Capital (3.56%) for ALEX is above the 3 year average (3.24%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.43% | ||
| ROE | 7.25% | ||
| ROIC | 3.56% |
ROA(3y)0.86%
ROA(5y)0.94%
ROE(3y)1.36%
ROE(5y)1.58%
ROIC(3y)3.24%
ROIC(5y)2.9%
1.3 Margins
ALEX's Profit Margin of 33.62% is amongst the best of the industry. ALEX outperforms 88.28% of its industry peers.
ALEX's Profit Margin has improved in the last couple of years.
ALEX has a better Operating Margin (32.44%) than 67.97% of its industry peers.
In the last couple of years the Operating Margin of ALEX has grown nicely.
The Gross Margin of ALEX (45.27%) is worse than 79.69% of its industry peers.
In the last couple of years the Gross Margin of ALEX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.44% | ||
| PM (TTM) | 33.62% | ||
| GM | 45.27% |
OM growth 3Y0.42%
OM growth 5Y32.23%
PM growth 3Y22.77%
PM growth 5YN/A
GM growth 3Y-1.01%
GM growth 5Y15.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ALEX is destroying value.
ALEX has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ALEX has more shares outstanding
The debt/assets ratio for ALEX is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.65, we must say that ALEX is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.65, ALEX is in line with its industry, outperforming 58.59% of the companies in the same industry.
The Debt to FCF ratio of ALEX is 10.53, which is on the high side as it means it would take ALEX, 10.53 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ALEX (10.53) is better than 89.84% of its industry peers.
ALEX has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.47, ALEX belongs to the top of the industry, outperforming 89.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 10.53 | ||
| Altman-Z | 0.65 |
ROIC/WACC0.49
WACC7.31%
2.3 Liquidity
ALEX has a Current Ratio of 0.78. This is a bad value and indicates that ALEX is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of ALEX (0.78) is worse than 60.16% of its industry peers.
A Quick Ratio of 0.78 indicates that ALEX may have some problems paying its short term obligations.
ALEX has a Quick ratio (0.78) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
ALEX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 62.90%, which is quite impressive.
ALEX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 36.08% yearly.
ALEX shows a decrease in Revenue. In the last year, the revenue decreased by -3.94%.
ALEX shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -11.47% yearly.
EPS 1Y (TTM)62.9%
EPS 3Y19.68%
EPS 5Y36.08%
EPS Q2Q%-23.08%
Revenue 1Y (TTM)-3.94%
Revenue growth 3Y-2.33%
Revenue growth 5Y-11.47%
Sales Q2Q%-18.94%
3.2 Future
Based on estimates for the next years, ALEX will show a decrease in Earnings Per Share. The EPS will decrease by -4.82% on average per year.
ALEX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.03% yearly.
EPS Next Y9.29%
EPS Next 2Y-10.14%
EPS Next 3Y-4.82%
EPS Next 5YN/A
Revenue Next Year0.93%
Revenue Next 2Y1.47%
Revenue Next 3Y2.03%
Revenue Next 5YN/A
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.68, ALEX is valued correctly.
ALEX's Price/Earnings ratio is rather cheap when compared to the industry. ALEX is cheaper than 90.63% of the companies in the same industry.
ALEX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.35.
ALEX is valuated rather expensively with a Price/Forward Earnings ratio of 23.35.
Based on the Price/Forward Earnings ratio, ALEX is valued cheaper than 87.50% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 33.72, ALEX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.68 | ||
| Fwd PE | 23.35 |
4.2 Price Multiples
ALEX's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, ALEX is valued a bit cheaper than the industry average as 73.44% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.53 | ||
| EV/EBITDA | 14.77 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ALEX has an outstanding profitability rating, which may justify a higher PE ratio.
ALEX's earnings are expected to decrease with -4.82% in the coming years. This may justify a cheaper valuation.
PEG (NY)1.69
PEG (5Y)0.43
EPS Next 2Y-10.14%
EPS Next 3Y-4.82%
5. Dividend
5.1 Amount
ALEX has a Yearly Dividend Yield of 5.74%, which is a nice return.
Compared to an average industry Dividend Yield of 6.29, ALEX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, ALEX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.74% |
5.2 History
The dividend of ALEX has a limited annual growth rate of 5.27%.
ALEX has been paying a dividend for at least 10 years, so it has a reliable track record.
ALEX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)5.27%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
ALEX pays out 89.29% of its income as dividend. This is not a sustainable payout ratio.
ALEX's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP89.29%
EPS Next 2Y-10.14%
EPS Next 3Y-4.82%
15.84
+0.3 (+1.93%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners88.16%
Inst Owner Change0%
Ins Owners0.71%
Ins Owner Change-0.29%
Market Cap1.15B
Revenue(TTM)218.14M
Net Income(TTM)73.34M
Analysts82
Price Target21.68 (36.87%)
Short Float %0.91%
Short Ratio1.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.74% |
Yearly Dividend0.9
Dividend Growth(5Y)5.27%
DP89.29%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)182.07%
Min EPS beat(2)35.23%
Max EPS beat(2)328.92%
EPS beat(4)4
Avg EPS beat(4)116.2%
Min EPS beat(4)11.11%
Max EPS beat(4)328.92%
EPS beat(8)6
Avg EPS beat(8)50.84%
EPS beat(12)10
Avg EPS beat(12)40.19%
EPS beat(16)12
Avg EPS beat(16)31.69%
Revenue beat(2)0
Avg Revenue beat(2)-2.09%
Min Revenue beat(2)-2.89%
Max Revenue beat(2)-1.29%
Revenue beat(4)1
Avg Revenue beat(4)4.81%
Min Revenue beat(4)-2.89%
Max Revenue beat(4)24.65%
Revenue beat(8)4
Avg Revenue beat(8)5.53%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10%
EPS NY rev (1m)0%
EPS NY rev (3m)32.35%
Revenue NQ rev (1m)-0.43%
Revenue NQ rev (3m)-0.35%
Revenue NY rev (1m)-0.36%
Revenue NY rev (3m)-0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.68 | ||
| Fwd PE | 23.35 | ||
| P/S | 5.28 | ||
| P/FCF | 25.53 | ||
| P/OCF | 12.63 | ||
| P/B | 1.14 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 14.77 |
EPS(TTM)1.01
EY6.38%
EPS(NY)0.68
Fwd EY4.28%
FCF(TTM)0.62
FCFY3.92%
OCF(TTM)1.25
OCFY7.92%
SpS3
BVpS13.9
TBVpS13.78
PEG (NY)1.69
PEG (5Y)0.43
Graham Number17.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.43% | ||
| ROE | 7.25% | ||
| ROCE | 4.5% | ||
| ROIC | 3.56% | ||
| ROICexc | 3.6% | ||
| ROICexgc | 3.62% | ||
| OM | 32.44% | ||
| PM (TTM) | 33.62% | ||
| GM | 45.27% | ||
| FCFM | 20.69% |
ROA(3y)0.86%
ROA(5y)0.94%
ROE(3y)1.36%
ROE(5y)1.58%
ROIC(3y)3.24%
ROIC(5y)2.9%
ROICexc(3y)3.29%
ROICexc(5y)2.96%
ROICexgc(3y)3.31%
ROICexgc(5y)2.98%
ROCE(3y)4.1%
ROCE(5y)3.67%
ROICexgc growth 3Y1.17%
ROICexgc growth 5Y22.15%
ROICexc growth 3Y1.32%
ROICexc growth 5Y22.35%
OM growth 3Y0.42%
OM growth 5Y32.23%
PM growth 3Y22.77%
PM growth 5YN/A
GM growth 3Y-1.01%
GM growth 5Y15.99%
F-Score5
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 10.53 | ||
| Debt/EBITDA | 4.36 | ||
| Cap/Depr | 120.65% | ||
| Cap/Sales | 21.15% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.73% | ||
| Profit Quality | 61.54% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 0.65 |
F-Score5
WACC7.31%
ROIC/WACC0.49
Cap/Depr(3y)93.91%
Cap/Depr(5y)86.99%
Cap/Sales(3y)15.27%
Cap/Sales(5y)16.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)62.9%
EPS 3Y19.68%
EPS 5Y36.08%
EPS Q2Q%-23.08%
EPS Next Y9.29%
EPS Next 2Y-10.14%
EPS Next 3Y-4.82%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.94%
Revenue growth 3Y-2.33%
Revenue growth 5Y-11.47%
Sales Q2Q%-18.94%
Revenue Next Year0.93%
Revenue Next 2Y1.47%
Revenue Next 3Y2.03%
Revenue Next 5YN/A
EBIT growth 1Y-12.99%
EBIT growth 3Y-1.93%
EBIT growth 5Y17.06%
EBIT Next Year67.88%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y14.26%
FCF growth 3Y-12.59%
FCF growth 5YN/A
OCF growth 1Y33.05%
OCF growth 3Y-7.6%
OCF growth 5Y-9.07%
ALEXANDER & BALDWIN INC / ALEX FAQ
What is the fundamental rating for ALEX stock?
ChartMill assigns a fundamental rating of 5 / 10 to ALEX.
Can you provide the valuation status for ALEXANDER & BALDWIN INC?
ChartMill assigns a valuation rating of 5 / 10 to ALEXANDER & BALDWIN INC (ALEX). This can be considered as Fairly Valued.
Can you provide the profitability details for ALEXANDER & BALDWIN INC?
ALEXANDER & BALDWIN INC (ALEX) has a profitability rating of 8 / 10.
What is the valuation of ALEXANDER & BALDWIN INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ALEXANDER & BALDWIN INC (ALEX) is 15.68 and the Price/Book (PB) ratio is 1.14.
What is the expected EPS growth for ALEXANDER & BALDWIN INC (ALEX) stock?
The Earnings per Share (EPS) of ALEXANDER & BALDWIN INC (ALEX) is expected to grow by 9.29% in the next year.