INDUSTRIAL LOGISTICS PROPERT (ILPT) Stock Fundamental Analysis
NASDAQ:ILPT - Nasdaq - US4562371066 - REIT - Currency: USD
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. There are concerns on the financial health of ILPT while its profitability can be described as average. ILPT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ILPT was profitable.
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
ILPT has a worse Return On Assets (-1.75%) than 72.09% of its industry peers.
The Return On Equity of ILPT (-17.39%) is worse than 86.05% of its industry peers.
ILPT has a worse Return On Invested Capital (2.12%) than 63.57% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ILPT is in line with the industry average of 3.15%.
The last Return On Invested Capital (2.12%) 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 | -17.39% | ||
| ROIC | 2.12% |
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
The Operating Margin of ILPT (32.07%) is better than 68.99% of its industry peers.
ILPT's Operating Margin has declined in the last couple of years.
ILPT has a Gross Margin of 86.23%. 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 | 32.07% | ||
| PM (TTM) | N/A | ||
| GM | 86.23% |
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.
ILPT has more shares outstanding than it did 1 year ago.
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
Based on the Altman-Z score of 0.11, we must say that ILPT is in the distress zone and 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.
A Debt/Equity ratio of 7.96 is on the high side and indicates that ILPT has dependencies on debt financing.
ILPT has a Debt to Equity ratio of 7.96. This is amonst the worse of the industry: ILPT underperforms 91.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.96 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.11 |
ROIC/WACC0.43
WACC4.88%
2.3 Liquidity
A Current Ratio of 3.13 indicates that ILPT has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.13, ILPT belongs to the best of the industry, outperforming 89.92% of the companies in the same industry.
ILPT has a Quick Ratio of 3.13. This indicates that ILPT is financially healthy and has no problem in meeting its short term obligations.
ILPT has a Quick ratio of 3.13. This is amongst the best in the industry. ILPT outperforms 89.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.13 | ||
| Quick Ratio | 3.13 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 3050.00% over the past year.
Measured over the past years, ILPT shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.13% on average per year.
The Revenue has been growing slightly by 0.63% in the past year.
The Revenue has been growing by 14.05% on average over the past years. This is quite good.
EPS 1Y (TTM)3050%
EPS 3Y-33.84%
EPS 5Y-8.13%
EPS Q2Q%42.86%
Revenue 1Y (TTM)0.63%
Revenue growth 3Y26.23%
Revenue growth 5Y14.05%
Sales Q2Q%-0.29%
3.2 Future
ILPT is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -104.79% yearly.
ILPT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.86% yearly.
EPS Next Y-336.72%
EPS Next 2Y-104.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.94%
Revenue Next 2Y1.86%
Revenue Next 3YN/A
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.
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
The Price/Earnings ratio is 5.22, which indicates a rather cheap valuation of ILPT.
Compared to the rest of the industry, the Price/Earnings ratio of ILPT indicates a rather cheap valuation: ILPT is cheaper than 96.90% of the companies listed in the same industry.
ILPT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.82.
ILPT is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.22 | ||
| Fwd PE | N/A |
4.2 Price Multiples
ILPT's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.33 |
4.3 Compensation for Growth
A cheap valuation may be justified as ILPT's earnings are expected to decrease with -104.79% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-104.79%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ILPT has a Yearly Dividend Yield of 1.29%.
Compared to an average industry Dividend Yield of 6.80, ILPT's dividend is way lower than its industry peers. On top of this 90.70% of the companies listed in the same industry pay a better dividend than ILPT!
With a Dividend Yield of 1.29, ILPT pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
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.
The dividend of ILPT decreased recently.
Dividend Growth(5Y)-50.3%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
The earnings of ILPT are negative and hence is the payout ratio. ILPT will probably not be able to sustain this dividend level.
ILPT's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-2.82%
EPS Next 2Y-104.79%
EPS Next 3YN/A
3.08
-0.02 (-0.65%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners52.36%
Inst Owner Change-7.03%
Ins Owners2%
Ins Owner Change0%
Market Cap203.71M
Analysts43.33
Price Target10.2 (231.17%)
Short Float %2.75%
Short Ratio3.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
Yearly Dividend0.04
Dividend Growth(5Y)-50.3%
DP-2.82%
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.22 | ||
| Fwd PE | N/A | ||
| P/S | 0.46 | ||
| P/FCF | N/A | ||
| P/OCF | 38.11 | ||
| P/B | 0.38 | ||
| P/tB | 0.58 | ||
| EV/EBITDA | 14.33 |
EPS(TTM)0.59
EY19.16%
EPS(NY)-1.16
Fwd EYN/A
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)0.08
OCFY2.62%
SpS6.68
BVpS8.16
TBVpS5.28
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.75% | ||
| ROE | -17.39% | ||
| ROCE | 2.68% | ||
| ROIC | 2.12% | ||
| ROICexc | 2.16% | ||
| ROICexgc | 2.27% | ||
| OM | 32.07% | ||
| PM (TTM) | N/A | ||
| GM | 86.23% | ||
| FCFM | N/A |
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-Score6
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.96 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 14.01 | ||
| Cap/Depr | 6.02% | ||
| Cap/Sales | 2.24% | ||
| Interest Coverage | 0.6 | ||
| Cash Conversion | 1.74% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.13 | ||
| Quick Ratio | 3.13 | ||
| Altman-Z | 0.11 |
F-Score6
WACC4.88%
ROIC/WACC0.43
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)3050%
EPS 3Y-33.84%
EPS 5Y-8.13%
EPS Q2Q%42.86%
EPS Next Y-336.72%
EPS Next 2Y-104.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0.63%
Revenue growth 3Y26.23%
Revenue growth 5Y14.05%
Sales Q2Q%-0.29%
Revenue Next Year1.94%
Revenue Next 2Y1.86%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y6.64%
EBIT growth 3Y10.2%
EBIT growth 5Y6.33%
EBIT Next Year127.94%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-165.34%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-80.84%
OCF growth 3Y-73.92%
OCF growth 5Y-55.8%