INDUSTRIAL LOGISTICS PROPERT (ILPT) Stock Fundamental Analysis
USA - NASDAQ:ILPT - US4562371066 - REIT
5.59 USD
0 (0%)
5.59 USD
0 (0%)
Taking everything into account, ILPT scores 3 out of 10 in our fundamental rating. ILPT was compared to 129 industry peers in the Diversified REITs industry. ILPT has an average financial health and profitability rating. ILPT has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
ILPT had positive earnings in the past year.
ILPT had a positive operating cash flow in the past year.
In multiple years ILPT reported negative net income over the last 5 years.
In the past 5 years ILPT always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ILPT (-1.75%) is worse than 70.54% of its industry peers.
With a Return On Equity value of -17.71%, ILPT is not doing good in the industry: 82.17% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 2.19%, ILPT is in line with its industry, outperforming 42.64% of the companies in the same industry.
ILPT had an Average Return On Invested Capital over the past 3 years of 1.99%. This is in line with the industry average of 3.04%.
The last Return On Invested Capital (2.19%) for ILPT is above the 3 year average (1.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.75% | ||
| ROE | -17.71% | ||
| ROIC | 2.19% |
ROA(3y)-2.57%
ROA(5y)0.56%
ROE(3y)-20.61%
ROE(5y)-8.43%
ROIC(3y)1.99%
ROIC(5y)3.18%
1.3 Margins
ILPT has a Operating Margin of 32.31%. This is in the better half of the industry: ILPT outperforms 65.12% of its industry peers.
ILPT's Operating Margin has declined in the last couple of years.
ILPT has a Gross Margin of 86.16%. This is amongst the best in the industry. ILPT outperforms 87.60% of its industry peers.
In the last couple of years the Gross Margin of ILPT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.31% | ||
| PM (TTM) | N/A | ||
| GM | 86.16% |
OM growth 3Y-12.7%
OM growth 5Y-6.77%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.16%
GM growth 5Y-0.21%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ILPT is destroying value.
Compared to 1 year ago, ILPT has more shares outstanding
The number of shares outstanding for ILPT has been increased compared to 5 years ago.
The debt/assets ratio for ILPT is higher compared to a year ago.
2.2 Solvency
ILPT has an Altman-Z score of 0.11. This is a bad value and indicates that ILPT is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.11, ILPT is not doing good in the industry: 71.32% of the companies in the same industry are doing better.
The Debt to FCF ratio of ILPT is 3459.90, which is on the high side as it means it would take ILPT, 3459.90 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ILPT (3459.90) is comparable to the rest of the industry.
ILPT has a Debt/Equity ratio of 8.09. This is a high value indicating a heavy dependency on external financing.
ILPT's Debt to Equity ratio of 8.09 is on the low side compared to the rest of the industry. ILPT is outperformed by 90.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.09 | ||
| Debt/FCF | 3459.9 | ||
| Altman-Z | 0.11 |
ROIC/WACC0.42
WACC5.25%
2.3 Liquidity
ILPT has a Current Ratio of 2.46. This indicates that ILPT is financially healthy and has no problem in meeting its short term obligations.
ILPT's Current ratio of 2.46 is amongst the best of the industry. ILPT outperforms 87.60% of its industry peers.
ILPT has a Quick Ratio of 2.46. This indicates that ILPT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.46, ILPT belongs to the top of the industry, outperforming 87.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.46 | ||
| Quick Ratio | 2.46 |
3. Growth
3.1 Past
ILPT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -75.00%.
The Earnings Per Share has been decreasing by -8.13% on average over the past years.
Looking at the last year, ILPT shows a small growth in Revenue. The Revenue has grown by 0.37% in the last year.
ILPT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.05% yearly.
EPS 1Y (TTM)-75%
EPS 3Y-33.84%
EPS 5Y-8.13%
EPS Q2Q%-328.57%
Revenue 1Y (TTM)0.37%
Revenue growth 3Y26.23%
Revenue growth 5Y14.05%
Sales Q2Q%1.34%
3.2 Future
Based on estimates for the next years, ILPT will show a very negative growth in Earnings Per Share. The EPS will decrease by -30.29% on average per year.
Based on estimates for the next years, ILPT will show a small growth in Revenue. The Revenue will grow by 2.89% on average per year.
EPS Next Y-325.17%
EPS Next 2Y-95.66%
EPS Next 3Y-30.29%
EPS Next 5YN/A
Revenue Next Year2.29%
Revenue Next 2Y2.04%
Revenue Next 3Y2.79%
Revenue Next 5Y2.89%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 43.00, ILPT can be considered very expensive at the moment.
ILPT's Price/Earnings ratio is in line with the industry average.
ILPT's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.86.
The Forward Price/Earnings Ratio is negative for ILPT. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43 | ||
| Fwd PE | N/A |
4.2 Price Multiples
ILPT's Enterprise Value to EBITDA ratio is in line with the industry average.
ILPT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 305.47 | ||
| EV/EBITDA | 14.76 |
4.3 Compensation for Growth
A cheap valuation may be justified as ILPT's earnings are expected to decrease with -30.29% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-95.66%
EPS Next 3Y-30.29%
5. Dividend
5.1 Amount
ILPT has a Yearly Dividend Yield of 3.26%.
ILPT's Dividend Yield is slightly below the industry average, which is at 6.41.
ILPT's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.26% |
5.2 History
The dividend of ILPT decreases each year by -50.30%.
ILPT has been paying a dividend for over 5 years, so it has already some track record.
ILPT has decreased its dividend recently.
Dividend Growth(5Y)-50.3%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
ILPT has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The Dividend Rate of ILPT has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP-2.88%
EPS Next 2Y-95.66%
EPS Next 3Y-30.29%
5.59
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners48.74%
Inst Owner Change1.34%
Ins Owners10.73%
Ins Owner Change29.92%
Market Cap370.84M
Analysts80
Price Target6.99 (25.04%)
Short Float %2.06%
Short Ratio2.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.26% |
Yearly Dividend0.04
Dividend Growth(5Y)-50.3%
DP-2.88%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)15.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)16.13%
EPS NY rev (1m)0%
EPS NY rev (3m)4.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43 | ||
| Fwd PE | N/A | ||
| P/S | 0.84 | ||
| P/FCF | 305.47 | ||
| P/OCF | 28.74 | ||
| P/B | 0.71 | ||
| P/tB | 1.1 | ||
| EV/EBITDA | 14.76 |
EPS(TTM)0.13
EY2.33%
EPS(NY)-0.97
Fwd EYN/A
FCF(TTM)0.02
FCFY0.33%
OCF(TTM)0.19
OCFY3.48%
SpS6.68
BVpS7.83
TBVpS5.1
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.75% | ||
| ROE | -17.71% | ||
| ROCE | 2.78% | ||
| ROIC | 2.19% | ||
| ROICexc | 2.22% | ||
| ROICexgc | 2.32% | ||
| OM | 32.31% | ||
| PM (TTM) | N/A | ||
| GM | 86.16% | ||
| FCFM | 0.27% |
ROA(3y)-2.57%
ROA(5y)0.56%
ROE(3y)-20.61%
ROE(5y)-8.43%
ROIC(3y)1.99%
ROIC(5y)3.18%
ROICexc(3y)2.03%
ROICexc(5y)3.23%
ROICexgc(3y)2.15%
ROICexgc(5y)3.41%
ROCE(3y)2.52%
ROCE(5y)4.03%
ROICexcg growth 3Y-24.2%
ROICexcg growth 5Y-9.45%
ROICexc growth 3Y-24.42%
ROICexc growth 5Y-9.25%
OM growth 3Y-12.7%
OM growth 5Y-6.77%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.16%
GM growth 5Y-0.21%
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.09 | ||
| Debt/FCF | 3459.9 | ||
| Debt/EBITDA | 13.74 | ||
| Cap/Depr | 7.2% | ||
| Cap/Sales | 2.64% | ||
| Interest Coverage | 0.61 | ||
| Cash Conversion | 4.22% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.46 | ||
| Quick Ratio | 2.46 | ||
| Altman-Z | 0.11 |
F-Score5
WACC5.25%
ROIC/WACC0.42
Cap/Depr(3y)8.64%
Cap/Depr(5y)8.91%
Cap/Sales(3y)3.43%
Cap/Sales(5y)2.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-75%
EPS 3Y-33.84%
EPS 5Y-8.13%
EPS Q2Q%-328.57%
EPS Next Y-325.17%
EPS Next 2Y-95.66%
EPS Next 3Y-30.29%
EPS Next 5YN/A
Revenue 1Y (TTM)0.37%
Revenue growth 3Y26.23%
Revenue growth 5Y14.05%
Sales Q2Q%1.34%
Revenue Next Year2.29%
Revenue Next 2Y2.04%
Revenue Next 3Y2.79%
Revenue Next 5Y2.89%
EBIT growth 1Y5.03%
EBIT growth 3Y10.2%
EBIT growth 5Y6.33%
EBIT Next Year123.81%
EBIT Next 3Y38.03%
EBIT Next 5Y22.78%
FCF growth 1Y118.12%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-0.74%
OCF growth 3Y-73.92%
OCF growth 5Y-55.8%