ST JOE CO/THE (JOE) Stock Fundamental Analysis
NYSE:JOE - New York Stock Exchange, Inc. - US7901481009 - Common Stock - Currency: USD
Overall JOE gets a fundamental rating of 5 out of 10. We evaluated JOE against 64 industry peers in the Real Estate Management & Development industry. JOE scores excellent on profitability, but there are some minor concerns on its financial health. While showing a medium growth rate, JOE is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year JOE was profitable.
In the past year JOE had a positive cash flow from operations.
Each year in the past 5 years JOE has been profitable.
In the past 5 years JOE always reported a positive cash flow from operatings.
1.2 Ratios
JOE has a Return On Assets of 4.82%. This is amongst the best in the industry. JOE outperforms 92.19% of its industry peers.
With an excellent Return On Equity value of 10.24%, JOE belongs to the best of the industry, outperforming 89.06% of the companies in the same industry.
With a decent Return On Invested Capital value of 4.73%, JOE is doing good in the industry, outperforming 76.56% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for JOE is in line with the industry average of 5.55%.
The last Return On Invested Capital (4.73%) for JOE is above the 3 year average (4.22%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.82% | ||
| ROE | 10.24% | ||
| ROIC | 4.73% |
ROA(3y)4.96%
ROA(5y)5.08%
ROE(3y)10.95%
ROE(5y)10.67%
ROIC(3y)4.22%
ROIC(5y)4.45%
1.3 Margins
With an excellent Profit Margin value of 18.42%, JOE belongs to the best of the industry, outperforming 92.19% of the companies in the same industry.
JOE's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 23.73%, JOE belongs to the best of the industry, outperforming 90.63% of the companies in the same industry.
JOE's Operating Margin has been stable in the last couple of years.
JOE's Gross Margin of 41.52% is fine compared to the rest of the industry. JOE outperforms 71.88% of its industry peers.
JOE's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.73% | ||
| PM (TTM) | 18.42% | ||
| GM | 41.52% |
OM growth 3Y-12.47%
OM growth 5Y-0.74%
PM growth 3Y-12.96%
PM growth 5Y-2.67%
GM growth 3Y-6.52%
GM growth 5Y-3.48%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), JOE is destroying value.
The number of shares outstanding for JOE remains at a similar level compared to 1 year ago.
JOE has less shares outstanding than it did 5 years ago.
JOE has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.77 indicates that JOE is not a great score, but indicates only limited risk for bankruptcy at the moment.
JOE has a Altman-Z score of 2.77. This is in the better half of the industry: JOE outperforms 70.31% of its industry peers.
The Debt to FCF ratio of JOE is 6.15, which is on the high side as it means it would take JOE, 6.15 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 6.15, JOE is doing good in the industry, outperforming 73.44% of the companies in the same industry.
JOE has a Debt/Equity ratio of 0.85. This is a neutral value indicating JOE is somewhat dependend on debt financing.
JOE has a Debt to Equity ratio of 0.85. This is comparable to the rest of the industry: JOE outperforms 40.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 6.15 | ||
| Altman-Z | 2.77 |
ROIC/WACC0.59
WACC7.99%
2.3 Liquidity
A Current Ratio of 3.12 indicates that JOE has no problem at all paying its short term obligations.
With a decent Current ratio value of 3.12, JOE is doing good in the industry, outperforming 76.56% of the companies in the same industry.
JOE has a Quick Ratio of 3.04. This indicates that JOE is financially healthy and has no problem in meeting its short term obligations.
JOE has a Quick ratio of 3.04. This is in the better half of the industry: JOE outperforms 78.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.12 | ||
| Quick Ratio | 3.04 |
3. Growth
3.1 Past
JOE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.00%.
JOE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.55% yearly.
Looking at the last year, JOE shows a small growth in Revenue. The Revenue has grown by 3.46% in the last year.
JOE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.94% yearly.
EPS 1Y (TTM)-5%
EPS 3Y0.04%
EPS 5Y22.55%
EPS Q2Q%25%
Revenue 1Y (TTM)3.46%
Revenue growth 3Y14.68%
Revenue growth 5Y25.94%
Sales Q2Q%7.29%
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
The Price/Earnings ratio is 31.67, which means the current valuation is very expensive for JOE.
73.44% of the companies in the same industry are more expensive than JOE, based on the Price/Earnings ratio.
JOE's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.67 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of JOE indicates a somewhat cheap valuation: JOE is cheaper than 70.31% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of JOE indicates a somewhat cheap valuation: JOE is cheaper than 75.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.46 | ||
| EV/EBITDA | 20.99 |
4.3 Compensation for Growth
JOE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.4
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
JOE has a Yearly Dividend Yield of 1.34%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.71, JOE pays a better dividend. On top of this JOE pays more dividend than 85.94% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.51, JOE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
5.2 History
The dividend of JOE has a limited annual growth rate of 1.69%.
JOE has paid a dividend for at least 10 years, which is a reliable track record.
JOE has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.69%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
40.91% of the earnings are spent on dividend by JOE. This is a bit on the high side, but may be sustainable.
The dividend of JOE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP40.91%
EPS Next 2YN/A
EPS Next 3YN/A
42.12
+0.33 (+0.79%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners86.55%
Inst Owner Change0.31%
Ins Owners0.29%
Ins Owner Change-5.18%
Market Cap2.45B
Analysts45
Price TargetN/A
Short Float %1.25%
Short Ratio2.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
Yearly Dividend0.52
Dividend Growth(5Y)1.69%
DP40.91%
Div Incr Years4
Div Non Decr Years4
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)N/A
PT rev (3m)N/A
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 | 31.67 | ||
| Fwd PE | N/A | ||
| P/S | 6.09 | ||
| P/FCF | 24.46 | ||
| P/OCF | 22.71 | ||
| P/B | 3.39 | ||
| P/tB | 3.39 | ||
| EV/EBITDA | 20.99 |
EPS(TTM)1.33
EY3.16%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)1.72
FCFY4.09%
OCF(TTM)1.85
OCFY4.4%
SpS6.92
BVpS12.44
TBVpS12.44
PEG (NY)N/A
PEG (5Y)1.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.82% | ||
| ROE | 10.24% | ||
| ROCE | 6.42% | ||
| ROIC | 4.73% | ||
| ROICexc | 5.03% | ||
| ROICexgc | 5.05% | ||
| OM | 23.73% | ||
| PM (TTM) | 18.42% | ||
| GM | 41.52% | ||
| FCFM | 24.89% |
ROA(3y)4.96%
ROA(5y)5.08%
ROE(3y)10.95%
ROE(5y)10.67%
ROIC(3y)4.22%
ROIC(5y)4.45%
ROICexc(3y)4.44%
ROICexc(5y)4.74%
ROICexgc(3y)4.48%
ROICexgc(5y)4.82%
ROCE(3y)5.71%
ROCE(5y)6.02%
ROICexcg growth 3Y-8.77%
ROICexcg growth 5Y8.02%
ROICexc growth 3Y-8.14%
ROICexc growth 5Y8.7%
OM growth 3Y-12.47%
OM growth 5Y-0.74%
PM growth 3Y-12.96%
PM growth 5Y-2.67%
GM growth 3Y-6.52%
GM growth 5Y-3.48%
F-Score7
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 6.15 | ||
| Debt/EBITDA | 4.34 | ||
| Cap/Depr | 16.7% | ||
| Cap/Sales | 1.92% | ||
| Interest Coverage | 2.92 | ||
| Cash Conversion | 76.07% | ||
| Profit Quality | 135.13% | ||
| Current Ratio | 3.12 | ||
| Quick Ratio | 3.04 | ||
| Altman-Z | 2.77 |
F-Score7
WACC7.99%
ROIC/WACC0.59
Cap/Depr(3y)21.51%
Cap/Depr(5y)26.54%
Cap/Sales(3y)2.13%
Cap/Sales(5y)2.31%
Profit Quality(3y)106.16%
Profit Quality(5y)106.5%
High Growth Momentum
Growth
EPS 1Y (TTM)-5%
EPS 3Y0.04%
EPS 5Y22.55%
EPS Q2Q%25%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.46%
Revenue growth 3Y14.68%
Revenue growth 5Y25.94%
Sales Q2Q%7.29%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y5.38%
EBIT growth 3Y0.38%
EBIT growth 5Y25.02%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y2.64%
FCF growth 3Y-2.3%
FCF growth 5Y36.7%
OCF growth 1Y3.99%
OCF growth 3Y-1.15%
OCF growth 5Y28.86%