AMERICOLD REALTY TRUST INC (COLD) Stock Fundamental Analysis
NYSE:COLD - New York Stock Exchange, Inc. - US03064D1081 - REIT - Currency: USD
Overall COLD gets a fundamental rating of 3 out of 10. We evaluated COLD against 129 industry peers in the Diversified REITs industry. Both the profitability and financial health of COLD have multiple concerns. While showing a medium growth rate, COLD is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
COLD had negative earnings in the past year.
In the past year COLD had a positive cash flow from operations.
COLD had negative earnings in 4 of the past 5 years.
COLD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of COLD (-1.53%) is worse than 68.99% of its industry peers.
COLD's Return On Equity of -3.75% is on the low side compared to the rest of the industry. COLD is outperformed by 67.44% of its industry peers.
COLD's Return On Invested Capital of 2.49% is in line compared to the rest of the industry. COLD outperforms 44.96% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for COLD is in line with the industry average of 3.15%.
The 3 year average ROIC (2.07%) for COLD is below the current ROIC(2.49%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.53% | ||
| ROE | -3.75% | ||
| ROIC | 2.49% |
ROA(3y)-1.91%
ROA(5y)-1.16%
ROE(3y)-4.22%
ROE(5y)-2.56%
ROIC(3y)2.07%
ROIC(5y)1.94%
1.3 Margins
COLD has a worse Operating Margin (8.55%) than 81.40% of its industry peers.
COLD's Operating Margin has declined in the last couple of years.
COLD has a worse Gross Margin (32.00%) than 89.15% of its industry peers.
In the last couple of years the Gross Margin of COLD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.55% | ||
| PM (TTM) | N/A | ||
| GM | 32% |
OM growth 3Y22.37%
OM growth 5Y-3.36%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.04%
GM growth 5Y3.44%
2. Health
2.1 Basic Checks
COLD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, COLD has about the same amount of shares outstanding.
COLD has more shares outstanding than it did 5 years ago.
COLD has a worse debt/assets ratio than last year.
2.2 Solvency
COLD has an Altman-Z score of 0.57. This is a bad value and indicates that COLD is not financially healthy and even has some risk of bankruptcy.
COLD's Altman-Z score of 0.57 is in line compared to the rest of the industry. COLD outperforms 50.39% of its industry peers.
COLD has a debt to FCF ratio of 942.75. This is a negative value and a sign of low solvency as COLD would need 942.75 years to pay back of all of its debts.
COLD's Debt to FCF ratio of 942.75 is in line compared to the rest of the industry. COLD outperforms 54.26% of its industry peers.
A Debt/Equity ratio of 1.18 is on the high side and indicates that COLD has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.18, COLD is in line with its industry, outperforming 52.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 942.75 | ||
| Altman-Z | 0.57 |
ROIC/WACC0.37
WACC6.7%
2.3 Liquidity
COLD has a Current Ratio of 0.61. This is a bad value and indicates that COLD is not financially healthy enough and could expect problems in meeting its short term obligations.
COLD's Current ratio of 0.61 is on the low side compared to the rest of the industry. COLD is outperformed by 70.54% of its industry peers.
COLD has a Quick Ratio of 0.61. This is a bad value and indicates that COLD is not financially healthy enough and could expect problems in meeting its short term obligations.
COLD has a worse Quick ratio (0.61) than 70.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 63.25% over the past year.
COLD shows a decrease in Revenue. In the last year, the revenue decreased by -1.17%.
COLD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.37% yearly.
EPS 1Y (TTM)63.25%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-300%
Revenue 1Y (TTM)-1.17%
Revenue growth 3Y-0.6%
Revenue growth 5Y8.37%
Sales Q2Q%-5.41%
3.2 Future
The Earnings Per Share is expected to grow by 26.89% on average over the next years. This is a very strong growth
COLD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.86% yearly.
EPS Next Y159.4%
EPS Next 2Y71%
EPS Next 3Y43.82%
EPS Next 5Y26.89%
Revenue Next Year-0.58%
Revenue Next 2Y2.36%
Revenue Next 3Y3.87%
Revenue Next 5Y5.86%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
COLD reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 52.87, COLD can be considered very expensive at the moment.
COLD's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, COLD is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 52.87 |
4.2 Price Multiples
COLD's Enterprise Value to EBITDA ratio is in line with the industry average.
COLD's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1182.34 | ||
| EV/EBITDA | 14.51 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
COLD's earnings are expected to grow with 43.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y71%
EPS Next 3Y43.82%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.56%, COLD is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.45, COLD has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, COLD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.56% |
5.2 History
The dividend of COLD has a limited annual growth rate of 2.18%.
COLD has been paying a dividend for over 5 years, so it has already some track record.
As COLD did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)2.18%
Div Incr Years0
Div Non Decr Years6
5.3 Sustainability
COLD has negative earnings and hence a negative payout ratio. The dividend may be in danger.
COLD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-210.47%
EPS Next 2Y71%
EPS Next 3Y43.82%
16.61
+0.05 (+0.3%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners116.31%
Inst Owner Change0.02%
Ins Owners0.05%
Ins Owner Change0.77%
Market Cap4.73B
Analysts78.95
Price Target24.17 (45.51%)
Short Float %2.58%
Short Ratio2.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.56% |
Yearly Dividend0.89
Dividend Growth(5Y)2.18%
DP-210.47%
Div Incr Years0
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-225.27%
Min EPS beat(2)-241.61%
Max EPS beat(2)-208.93%
EPS beat(4)0
Avg EPS beat(4)-267.62%
Min EPS beat(4)-509.98%
Max EPS beat(4)-109.97%
EPS beat(8)1
Avg EPS beat(8)-591.15%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.98%
Min Revenue beat(2)-7.47%
Max Revenue beat(2)-4.48%
Revenue beat(4)0
Avg Revenue beat(4)-4.4%
Min Revenue beat(4)-7.47%
Max Revenue beat(4)-2.41%
Revenue beat(8)0
Avg Revenue beat(8)-5.67%
Revenue beat(12)1
Avg Revenue beat(12)-4.87%
Revenue beat(16)5
Avg Revenue beat(16)2.39%
PT rev (1m)0%
PT rev (3m)-13.24%
EPS NQ rev (1m)-7.14%
EPS NQ rev (3m)-30.85%
EPS NY rev (1m)-43.96%
EPS NY rev (3m)-48.79%
Revenue NQ rev (1m)-0.59%
Revenue NQ rev (3m)-4.36%
Revenue NY rev (1m)-1.27%
Revenue NY rev (3m)-3.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 52.87 | ||
| P/S | 1.8 | ||
| P/FCF | 1182.34 | ||
| P/OCF | 12.45 | ||
| P/B | 1.48 | ||
| P/tB | 3.11 | ||
| EV/EBITDA | 14.51 |
EPS(TTM)-0.43
EYN/A
EPS(NY)0.31
Fwd EY1.89%
FCF(TTM)0.01
FCFY0.08%
OCF(TTM)1.33
OCFY8.03%
SpS9.24
BVpS11.2
TBVpS5.35
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.53% | ||
| ROE | -3.75% | ||
| ROCE | 3.15% | ||
| ROIC | 2.49% | ||
| ROICexc | 2.5% | ||
| ROICexgc | 3.43% | ||
| OM | 8.55% | ||
| PM (TTM) | N/A | ||
| GM | 32% | ||
| FCFM | 0.15% |
ROA(3y)-1.91%
ROA(5y)-1.16%
ROE(3y)-4.22%
ROE(5y)-2.56%
ROIC(3y)2.07%
ROIC(5y)1.94%
ROICexc(3y)2.08%
ROICexc(5y)2%
ROICexgc(3y)2.85%
ROICexgc(5y)2.73%
ROCE(3y)2.62%
ROCE(5y)2.46%
ROICexcg growth 3Y22.86%
ROICexcg growth 5Y-6.43%
ROICexc growth 3Y23.99%
ROICexc growth 5Y-8.35%
OM growth 3Y22.37%
OM growth 5Y-3.36%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.04%
GM growth 5Y3.44%
F-Score5
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 942.75 | ||
| Debt/EBITDA | 6.47 | ||
| Cap/Depr | 105.03% | ||
| Cap/Sales | 14.29% | ||
| Interest Coverage | 1.51 | ||
| Cash Conversion | 65.18% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 0.57 |
F-Score5
WACC6.7%
ROIC/WACC0.37
Cap/Depr(3y)92.08%
Cap/Depr(5y)123.28%
Cap/Sales(3y)11.67%
Cap/Sales(5y)14.67%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)63.25%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-300%
EPS Next Y159.4%
EPS Next 2Y71%
EPS Next 3Y43.82%
EPS Next 5Y26.89%
Revenue 1Y (TTM)-1.17%
Revenue growth 3Y-0.6%
Revenue growth 5Y8.37%
Sales Q2Q%-5.41%
Revenue Next Year-0.58%
Revenue Next 2Y2.36%
Revenue Next 3Y3.87%
Revenue Next 5Y5.86%
EBIT growth 1Y10.14%
EBIT growth 3Y21.64%
EBIT growth 5Y4.74%
EBIT Next Year184.3%
EBIT Next 3Y48.94%
EBIT Next 5Y30.77%
FCF growth 1Y-85.02%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y16.6%
OCF growth 3Y14.69%
OCF growth 5Y11.77%