INDUSTRIAL LOGISTICS PROPERT (ILPT)
US4562371066 - REIT
Taking everything into account, ILPT scores 3 out of 10 in our fundamental rating. ILPT was compared to 127 industry peers in the Diversified REITs industry. ILPT has a bad profitability rating. Also its financial health evaluation is rather negative. ILPT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
ILPT had negative earnings in the past year.
In the past year ILPT had a positive cash flow from operations.
In multiple years ILPT reported negative net income over the last 5 years.
Each year in the past 5 years ILPT had a positive operating cash flow.
1.2 Ratios
ILPT's Return On Assets of -1.94% is on the low side compared to the rest of the industry. ILPT is outperformed by 75.81% of its industry peers.
ILPT's Return On Equity of -16.11% is on the low side compared to the rest of the industry. ILPT is outperformed by 90.32% of its industry peers.
ILPT has a worse Return On Invested Capital (1.86%) than 69.35% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ILPT is in line with the industry average of 2.95%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.94% | ||
| ROE | -16.11% | ||
| ROIC | 1.86% |
ROA(3y)0.11%
ROA(5y)1.35%
ROE(3y)-11.1%
ROE(5y)-3.98%
ROIC(3y)2.9%
ROIC(5y)3.45%
1.3 Margins
ILPT has a Operating Margin of 29.57%. This is in the better half of the industry: ILPT outperforms 67.74% of its industry peers.
In the last couple of years the Operating Margin of ILPT has declined.
ILPT has a Gross Margin of 86.27%. This is amongst the best in the industry. ILPT outperforms 87.90% 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 | 29.57% | ||
| PM (TTM) | N/A | ||
| GM | 86.27% |
OM growth 3Y-11.52%
OM growth 5Y-11.87%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.04%
GM growth 5Y-0.42%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ILPT is destroying value.
The number of shares outstanding for ILPT has been increased compared to 1 year ago.
Compared to 5 years ago, ILPT has more shares outstanding
The debt/assets ratio for ILPT is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.13, we must say that ILPT is in the distress zone and has some risk of bankruptcy.
ILPT has a worse Altman-Z score (0.13) than 76.61% of its industry peers.
ILPT has a Debt/Equity ratio of 6.43. This is a high value indicating a heavy dependency on external financing.
ILPT has a Debt to Equity ratio of 6.43. This is amonst the worse of the industry: ILPT underperforms 93.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.43 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.13 |
ROIC/WACC0.36
WACC5.11%
2.3 Liquidity
A Current Ratio of 2.99 indicates that ILPT has no problem at all paying its short term obligations.
ILPT has a Current ratio of 2.99. This is amongst the best in the industry. ILPT outperforms 87.10% of its industry peers.
ILPT has a Quick Ratio of 2.99. This indicates that ILPT is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 2.99, ILPT belongs to the best of the industry, outperforming 87.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.99 | ||
| Quick Ratio | 2.99 |
3. Growth
3.1 Past
ILPT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 85.06%, which is quite impressive.
ILPT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.68%.
ILPT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.90% yearly.
EPS 1Y (TTM)85.06%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q125%
Revenue 1Y (TTM)12.68%
Revenue growth 3Y19.76%
Revenue growth 5Y21.9%
Revenue growth Q2Q2.44%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
Based on estimates for the next years, ILPT will show a small growth in Revenue. The Revenue will grow by 2.47% on average per year.
EPS Next Y-182.46%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.68%
Revenue Next 2YN/A
Revenue Next 3Y2.47%
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
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
ILPT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year ILPT is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ILPT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.72 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
ILPT has a yearly dividend return of 0.92%, which is pretty low.
With a Dividend Yield of 0.92, ILPT pays less dividend than the industry average, which is at 5.85. 92.74% of the companies listed in the same industry pay a better dividend than ILPT!
Compared to an average S&P500 Dividend Yield of 2.40, ILPT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.92% |
5.2 History
The dividend of ILPT decreases each year by -48.19%.
ILPT has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-48.19%
Div Incr Years0
Div Non Decr Years0
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.
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-2.43%
EPS Next 2YN/A
EPS Next 3YN/A
INDUSTRIAL LOGISTICS PROPERT
NASDAQ:ILPT (5/6/2024, 3:30:02 PM)
After market: 4.23 0 (0%)4.23
-0.14 (-3.2%)
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 Cap278.50M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.92% |
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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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| 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)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.94% | ||
| ROE | -16.11% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 29.57% | ||
| PM (TTM) | N/A | ||
| GM | 86.27% | ||
| 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 Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.43 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.99 | ||
| Quick Ratio | 2.99 | ||
| 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)85.06%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-182.46%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)12.68%
Revenue growth 3Y19.76%
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
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y