ALEXANDER'S INC (ALX)
US0147521092 - REIT
Taking everything into account, ALX scores 6 out of 10 in our fundamental rating. ALX was compared to 126 industry peers in the Diversified REITs industry. While ALX has a great profitability rating, there are some minor concerns on its financial health. ALX has a valuation in line with the averages, but it does not seem to be growing. Finally ALX also has an excellent dividend rating. With these ratings, ALX could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
ALX had positive earnings in the past year.
ALX had a positive operating cash flow in the past year.
In the past 5 years ALX has always been profitable.
Each year in the past 5 years ALX had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ALX (7.29%) is better than 99.19% of its industry peers.
ALX's Return On Equity of 43.08% is amongst the best of the industry. ALX outperforms 98.37% of its industry peers.
ALX has a Return On Invested Capital of 4.94%. This is amongst the best in the industry. ALX outperforms 91.87% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ALX is in line with the industry average of 2.95%.
The 3 year average ROIC (4.74%) for ALX is below the current ROIC(4.94%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.29% | ||
| ROE | 43.08% | ||
| ROIC | 4.94% |
ROA(3y)6.99%
ROA(5y)5.74%
ROE(3y)40.02%
ROE(5y)32.88%
ROIC(3y)4.74%
ROIC(5y)4.96%
1.3 Margins
With an excellent Profit Margin value of 45.52%, ALX belongs to the best of the industry, outperforming 92.68% of the companies in the same industry.
ALX's Profit Margin has improved in the last couple of years.
ALX has a Operating Margin of 37.60%. This is amongst the best in the industry. ALX outperforms 83.74% of its industry peers.
In the last couple of years the Operating Margin of ALX has declined.
ALX's Gross Margin of 53.91% is on the low side compared to the rest of the industry. ALX is outperformed by 79.67% of its industry peers.
In the last couple of years the Gross Margin of ALX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.6% | ||
| PM (TTM) | 45.52% | ||
| GM | 53.91% |
OM growth 3Y1.23%
OM growth 5Y-2.76%
PM growth 3Y29.33%
PM growth 5Y26.44%
GM growth 3Y0.99%
GM growth 5Y-1.34%
2. Health
2.1 Basic Checks
ALX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ALX has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for ALX remains at a similar level compared to 5 years ago.
Compared to 1 year ago, ALX has an improved debt to assets ratio.
2.2 Solvency
ALX has an Altman-Z score of 1.62. This is a bad value and indicates that ALX is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ALX (1.62) is better than 91.06% of its industry peers.
The Debt to FCF ratio of ALX is 10.46, which is on the high side as it means it would take ALX, 10.46 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 10.46, ALX belongs to the top of the industry, outperforming 85.37% of the companies in the same industry.
A Debt/Equity ratio of 4.60 is on the high side and indicates that ALX has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 4.60, ALX is doing worse than 87.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.6 | ||
| Debt/FCF | 10.46 | ||
| Altman-Z | 1.62 |
ROIC/WACC0.67
WACC7.35%
2.3 Liquidity
A Current Ratio of 12.63 indicates that ALX has no problem at all paying its short term obligations.
The Current ratio of ALX (12.63) is better than 99.19% of its industry peers.
A Quick Ratio of 12.63 indicates that ALX has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 12.63, ALX belongs to the best of the industry, outperforming 99.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 12.63 | ||
| Quick Ratio | 12.63 |
3. Growth
3.1 Past
The earnings per share for ALX have decreased by -7.06% in the last year.
ALX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.43% yearly.
Looking at the last year, ALX shows a quite strong growth in Revenue. The Revenue has grown by 9.35% in the last year.
Measured over the past years, ALX shows a decrease in Revenue. The Revenue has been decreasing by -0.68% on average per year.
EPS 1Y (TTM)-7.06%
EPS 3Y10.28%
EPS 5Y25.43%
EPS growth Q2Q23.82%
Revenue 1Y (TTM)9.35%
Revenue growth 3Y4.15%
Revenue growth 5Y-0.68%
Revenue growth Q2Q18.75%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
ALX is valuated correctly with a Price/Earnings ratio of 13.73.
91.87% of the companies in the same industry are more expensive than ALX, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 24.55, ALX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.73 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ALX is valued a bit cheaper than the industry average as 60.16% of the companies are valued more expensively.
ALX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ALX is cheaper than 87.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.62 | ||
| EV/EBITDA | 13.78 |
4.3 Compensation for Growth
ALX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.54
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
ALX has a Yearly Dividend Yield of 8.51%, which is a nice return.
ALX's Dividend Yield is rather good when compared to the industry average which is at 6.00. ALX pays more dividend than 81.30% of the companies in the same industry.
ALX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.51% |
5.2 History
The dividend of ALX has a limited annual growth rate of 0.03%.
ALX has been paying a dividend for at least 10 years, so it has a reliable track record.
ALX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.03%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
ALX pays out 90.17% of its income as dividend. This is not a sustainable payout ratio.
ALX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP90.17%
EPS Next 2YN/A
EPS Next 3YN/A
ALEXANDER'S INC
NYSE:ALX (5/1/2024, 5:30:00 PM)
After market: 216.96 0 (0%)216.96
+5.4 (+2.55%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.11B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.51% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
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EPS NQ rev (1m)
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EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
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Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.73 | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.29% | ||
| ROE | 43.08% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 37.6% | ||
| PM (TTM) | 45.52% | ||
| GM | 53.91% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.6 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 12.63 | ||
| Quick Ratio | 12.63 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-7.06%
EPS 3Y10.28%
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)9.35%
Revenue growth 3Y4.15%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
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