ALEXANDER & BALDWIN INC (ALEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ALEX - US0144911049 - REIT
20.66 USD
+0.01 (+0.05%)
20.66 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to ALEX. ALEX was compared to 128 industry peers in the Diversified REITs industry. ALEX scores excellent on profitability, but 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.
ALEX had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of 4.40%, ALEX belongs to the top of the industry, outperforming 88.28% of the companies in the same industry.
ALEX's Return On Equity of 7.21% is fine compared to the rest of the industry. ALEX outperforms 78.13% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.57%, ALEX is in the better half of the industry, outperforming 66.41% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ALEX is in line with the industry average of 3.05%.
The last Return On Invested Capital (3.57%) for ALEX is above the 3 year average (3.24%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.4% | ||
| ROE | 7.21% | ||
| ROIC | 3.57% |
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 33.42% is amongst the best of the industry. ALEX outperforms 87.50% of its industry peers.
In the last couple of years the Profit Margin of ALEX has grown nicely.
ALEX has a better Operating Margin (32.59%) than 64.84% of its industry peers.
ALEX's Operating Margin has improved in the last couple of years.
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 | 32.59% | ||
| PM (TTM) | 33.42% | ||
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ALEX is destroying value.
Compared to 1 year ago, ALEX has more shares outstanding
The number of shares outstanding for ALEX has been increased compared to 5 years ago.
The debt/assets ratio for ALEX is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.98, we must say that ALEX is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ALEX (0.98) is better than 75.00% of its industry peers.
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.
A Debt/Equity ratio of 0.47 indicates that ALEX is not too dependend on debt financing.
ALEX has a better Debt to Equity ratio (0.47) than 89.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 10.53 | ||
| Altman-Z | 0.98 |
ROIC/WACC0.47
WACC7.58%
2.3 Liquidity
A Current Ratio of 0.78 indicates that ALEX may have some problems paying its short term obligations.
ALEX has a Current ratio of 0.78. This is comparable to the rest of the industry: ALEX outperforms 41.41% of its industry peers.
A Quick Ratio of 0.78 indicates that ALEX may have some problems paying its short term obligations.
ALEX's Quick ratio of 0.78 is in line compared to the rest of the industry. ALEX outperforms 41.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 62.90% over the past year.
The Earnings Per Share has been growing by 36.08% on average over the past years. This is a very strong growth
ALEX shows a decrease in Revenue. In the last year, the revenue decreased by -3.94%.
The Revenue for ALEX have been decreasing by -11.47% on average. This is quite bad
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
ALEX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.94% yearly.
Based on estimates for the next years, ALEX will show a small growth in Revenue. The Revenue will grow by 1.31% on average per year.
EPS Next Y16.57%
EPS Next 2Y-9.8%
EPS Next 3Y-3.94%
EPS Next 5YN/A
Revenue Next Year1%
Revenue Next 2Y1.29%
Revenue Next 3Y1.31%
Revenue Next 5YN/A
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
ALEX is valuated rather expensively with a Price/Earnings ratio of 20.46.
Compared to the rest of the industry, the Price/Earnings ratio of ALEX indicates a rather cheap valuation: ALEX is cheaper than 80.47% of the companies listed in the same industry.
ALEX is valuated rather cheaply when we compare the Price/Earnings ratio to 26.57, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 30.23, the valuation of ALEX can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ALEX indicates a somewhat cheap valuation: ALEX is cheaper than 77.34% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.04, ALEX is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.46 | ||
| Fwd PE | 30.23 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ALEX indicates a slightly more expensive valuation: ALEX is more expensive than 77.34% of the companies listed in the same industry.
ALEX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ALEX is cheaper than 70.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.31 | ||
| EV/EBITDA | 17.93 |
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 decent profitability rating of ALEX may justify a higher PE ratio.
ALEX's earnings are expected to decrease with -3.94% in the coming years. This may justify a cheaper valuation.
PEG (NY)1.23
PEG (5Y)0.57
EPS Next 2Y-9.8%
EPS Next 3Y-3.94%
5. Dividend
5.1 Amount
ALEX has a Yearly Dividend Yield of 4.96%, which is a nice return.
ALEX's Dividend Yield is comparable with the industry average which is at 6.43.
ALEX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.96% |
5.2 History
The dividend of ALEX has a limited annual growth rate of 5.27%.
ALEX has paid a dividend for at least 10 years, which is 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 89.83% 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.
DP89.83%
EPS Next 2Y-9.8%
EPS Next 3Y-3.94%
20.66
+0.01 (+0.05%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners88.92%
Inst Owner Change0.25%
Ins Owners0.53%
Ins Owner Change-0.29%
Market Cap1.50B
Revenue(TTM)218.14M
Net Income(TTM)72.90M
Analysts82
Price Target21.37 (3.44%)
Short Float %1.29%
Short Ratio1.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.96% |
Yearly Dividend0.9
Dividend Growth(5Y)5.27%
DP89.83%
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)-2.94%
PT rev (3m)-2.94%
EPS NQ rev (1m)-3.7%
EPS NQ rev (3m)-3.7%
EPS NY rev (1m)6.67%
EPS NY rev (3m)22.29%
Revenue NQ rev (1m)-1.32%
Revenue NQ rev (3m)-1.67%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)-0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.46 | ||
| Fwd PE | 30.23 | ||
| P/S | 6.89 | ||
| P/FCF | 33.31 | ||
| P/OCF | 16.47 | ||
| P/B | 1.49 | ||
| P/tB | 1.5 | ||
| EV/EBITDA | 17.93 |
EPS(TTM)1.01
EY4.89%
EPS(NY)0.68
Fwd EY3.31%
FCF(TTM)0.62
FCFY3%
OCF(TTM)1.25
OCFY6.07%
SpS3
BVpS13.9
TBVpS13.78
PEG (NY)1.23
PEG (5Y)0.57
Graham Number17.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.4% | ||
| ROE | 7.21% | ||
| ROCE | 4.52% | ||
| ROIC | 3.57% | ||
| ROICexc | 3.61% | ||
| ROICexgc | 3.63% | ||
| OM | 32.59% | ||
| PM (TTM) | 33.42% | ||
| 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 | 4.35 | ||
| Cap/Depr | 120.65% | ||
| Cap/Sales | 21.15% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.48% | ||
| Profit Quality | 61.91% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 0.98 |
F-Score5
WACC7.58%
ROIC/WACC0.47
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 Y16.57%
EPS Next 2Y-9.8%
EPS Next 3Y-3.94%
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 Year1%
Revenue Next 2Y1.29%
Revenue Next 3Y1.31%
Revenue Next 5YN/A
EBIT growth 1Y-12.53%
EBIT growth 3Y-1.93%
EBIT growth 5Y17.06%
EBIT Next Year72.67%
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 4 / 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 7 / 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 20.46 and the Price/Book (PB) ratio is 1.49.
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 16.57% in the next year.