ALEXANDER & BALDWIN INC (ALEX) Stock Fundamental Analysis
USA - NYSE:ALEX - US0144911049 - REIT
15.52 USD
-0.17 (-1.08%)
15.5201 USD
0 (0%)
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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year ALEX was profitable.
In the past year ALEX had a positive cash flow from operations.
ALEX had positive earnings in 4 of the past 5 years.
ALEX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ALEX (4.43%) is better than 91.34% of its industry peers.
ALEX has a Return On Equity of 7.25%. This is amongst the best in the industry. ALEX outperforms 81.10% of its industry peers.
With a decent Return On Invested Capital value of 3.56%, ALEX is doing good in the industry, outperforming 66.14% of the companies in the same industry.
ALEX had an Average Return On Invested Capital over the past 3 years of 3.24%. This is in line with the industry average of 3.09%.
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 87.40% of its industry peers.
In the last couple of years the Profit Margin of ALEX has grown nicely.
With a decent Operating Margin value of 32.44%, ALEX is doing good in the industry, outperforming 67.72% of the companies in the same industry.
In the last couple of years the Operating Margin of ALEX has grown nicely.
ALEX has a Gross Margin of 45.27%. This is in the lower half of the industry: ALEX underperforms 79.53% of its industry peers.
ALEX's Gross Margin has improved in the last couple of years.
| 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
ALEX 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 ALEX has been increased compared to 1 year ago.
The number of shares outstanding for ALEX has been increased compared to 5 years ago.
ALEX has a worse debt/assets ratio than last year.
2.2 Solvency
ALEX has an Altman-Z score of 0.63. This is a bad value and indicates that ALEX is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ALEX (0.63) is comparable to the rest of the industry.
ALEX has a debt to FCF ratio of 10.53. This is a negative value and a sign of low solvency as ALEX would need 10.53 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 10.53, ALEX belongs to the top of the industry, outperforming 88.19% of the companies in the same industry.
ALEX has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
ALEX's Debt to Equity ratio of 0.47 is amongst the best of the industry. ALEX outperforms 88.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 10.53 | ||
| Altman-Z | 0.63 |
ROIC/WACC0.49
WACC7.27%
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 comparable to the rest of the industry.
A Quick Ratio of 0.78 indicates that ALEX may have some problems paying its short term obligations.
With a Quick ratio value of 0.78, ALEX perfoms like the industry average, outperforming 42.52% of the companies in the same industry.
| 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.
Measured over the past years, ALEX shows a very strong growth in Earnings Per Share. The EPS has been growing by 36.08% on average per year.
Looking at the last year, ALEX shows a decrease in Revenue. The Revenue has decreased by -3.94% in the last year.
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.
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
Based on the Price/Earnings ratio of 15.37, the valuation of ALEX can be described as correct.
ALEX's Price/Earnings ratio is rather cheap when compared to the industry. ALEX is cheaper than 91.34% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.06, ALEX is valued a bit cheaper.
The Price/Forward Earnings ratio is 22.88, which indicates a rather expensive current valuation of ALEX.
89.76% of the companies in the same industry are more expensive than ALEX, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 32.73. ALEX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.37 | ||
| Fwd PE | 22.88 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ALEX.
Based on the Price/Free Cash Flow ratio, ALEX is valued a bit cheaper than the industry average as 74.02% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.02 | ||
| EV/EBITDA | 14.56 |
4.3 Compensation for Growth
ALEX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of ALEX may justify a higher PE ratio.
A cheap valuation may be justified as ALEX's earnings are expected to decrease with -4.82% in the coming years.
PEG (NY)1.65
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 6.31, ALEX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, 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.
The Dividend Rate of ALEX has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP89.29%
EPS Next 2Y-10.14%
EPS Next 3Y-4.82%
15.52
-0.17 (-1.08%)
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 Cap1.13B
Revenue(TTM)218.14M
Net Income(TTM)73.34M
Analysts82
Price Target21.68 (39.69%)
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 | 15.37 | ||
| Fwd PE | 22.88 | ||
| P/S | 5.18 | ||
| P/FCF | 25.02 | ||
| P/OCF | 12.37 | ||
| P/B | 1.12 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | 14.56 |
EPS(TTM)1.01
EY6.51%
EPS(NY)0.68
Fwd EY4.37%
FCF(TTM)0.62
FCFY4%
OCF(TTM)1.25
OCFY8.08%
SpS3
BVpS13.9
TBVpS13.78
PEG (NY)1.65
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 | 0.63 |
F-Score5
WACC7.27%
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 15.37 and the Price/Book (PB) ratio is 1.12.
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.