ST JOE CO/THE (JOE) Stock Fundamental Analysis
NYSE:JOE - New York Stock Exchange, Inc. - US7901481009 - Common Stock - Currency: USD
JOE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 64 industry peers in the Real Estate Management & Development industry. JOE gets an excellent profitability rating and is at the same time showing great financial health properties. JOE is valied quite expensively at the moment, while it does show a decent growth rate. This makes JOE very considerable for quality investing!
1. Profitability
1.1 Basic Checks
JOE had positive earnings in the past year.
In the past year JOE had a positive cash flow from operations.
Each year in the past 5 years JOE has been profitable.
Each year in the past 5 years JOE had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.34%, JOE belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
The Return On Equity of JOE (11.20%) is better than 92.19% of its industry peers.
JOE's Return On Invested Capital of 4.98% is fine compared to the rest of the industry. JOE outperforms 73.44% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for JOE is in line with the industry average of 5.67%.
The last Return On Invested Capital (4.98%) for JOE is above the 3 year average (4.22%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.34% | ||
| ROE | 11.2% | ||
| ROIC | 4.98% |
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
JOE's Profit Margin of 19.39% is amongst the best of the industry. JOE outperforms 89.06% of its industry peers.
JOE's Profit Margin has declined in the last couple of years.
The Operating Margin of JOE (23.64%) is better than 85.94% of its industry peers.
In the last couple of years the Operating Margin of JOE has remained more or less at the same level.
JOE has a better Gross Margin (40.83%) than 71.88% of its industry peers.
In the last couple of years the Gross Margin of JOE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.64% | ||
| PM (TTM) | 19.39% | ||
| GM | 40.83% |
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
JOE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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 3.15 indicates that JOE is not in any danger for bankruptcy at the moment.
JOE has a better Altman-Z score (3.15) than 75.00% of its industry peers.
The Debt to FCF ratio of JOE is 5.46, which is a neutral value as it means it would take JOE, 5.46 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.46, JOE is in the better half of the industry, outperforming 73.44% of the companies in the same industry.
JOE has a Debt/Equity ratio of 0.82. This is a neutral value indicating JOE is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.82, JOE perfoms like the industry average, outperforming 42.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 5.46 | ||
| Altman-Z | 3.15 |
ROIC/WACC0.62
WACC8.07%
2.3 Liquidity
JOE has a Current Ratio of 2.90. This indicates that JOE is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.90, JOE is in the better half of the industry, outperforming 70.31% of the companies in the same industry.
JOE has a Quick Ratio of 2.82. This indicates that JOE is financially healthy and has no problem in meeting its short term obligations.
JOE's Quick ratio of 2.82 is fine compared to the rest of the industry. JOE outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.9 | ||
| Quick Ratio | 2.82 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.39% over the past year.
JOE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.55% yearly.
The Revenue has grown by 10.09% in the past year. This is quite good.
JOE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.94% yearly.
EPS 1Y (TTM)16.39%
EPS 3Y0.04%
EPS 5Y22.55%
EPS Q2Q%21.43%
Revenue 1Y (TTM)10.09%
Revenue growth 3Y14.68%
Revenue growth 5Y25.94%
Sales Q2Q%15.68%
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
With a Price/Earnings ratio of 35.17, JOE can be considered very expensive at the moment.
Based on the Price/Earnings ratio, JOE is valued a bit cheaper than 73.44% of the companies in the same industry.
JOE is valuated rather expensively when we compare the Price/Earnings ratio to 26.85, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.17 | ||
| Fwd PE | N/A |
4.2 Price Multiples
67.19% of the companies in the same industry are more expensive than JOE, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of JOE indicates a somewhat cheap valuation: JOE is cheaper than 78.13% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.03 | ||
| EV/EBITDA | 22.91 |
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)1.56
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
JOE has a Yearly Dividend Yield of 1.10%. Purely for dividend investing, there may be better candidates out there.
JOE's Dividend Yield is rather good when compared to the industry average which is at 3.47. JOE pays more dividend than 84.38% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, JOE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
5.2 History
The dividend of JOE has a limited annual growth rate of 1.69%.
JOE has been paying a dividend for at least 10 years, so it has 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
39.43% of the earnings are spent on dividend by JOE. This is a low number and sustainable payout ratio.
JOE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP39.43%
EPS Next 2YN/A
EPS Next 3YN/A
49.94
+0.35 (+0.71%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners87.26%
Inst Owner Change0.07%
Ins Owners0.32%
Ins Owner Change-4.3%
Market Cap2.89B
Analysts45
Price TargetN/A
Short Float %1.18%
Short Ratio2.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
Yearly Dividend0.52
Dividend Growth(5Y)1.69%
DP39.43%
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 | 35.17 | ||
| Fwd PE | N/A | ||
| P/S | 6.78 | ||
| P/FCF | 26.03 | ||
| P/OCF | 24.58 | ||
| P/B | 3.91 | ||
| P/tB | 3.91 | ||
| EV/EBITDA | 22.91 |
EPS(TTM)1.42
EY2.84%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)1.92
FCFY3.84%
OCF(TTM)2.03
OCFY4.07%
SpS7.37
BVpS12.76
TBVpS12.76
PEG (NY)N/A
PEG (5Y)1.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.34% | ||
| ROE | 11.2% | ||
| ROCE | 6.74% | ||
| ROIC | 4.98% | ||
| ROICexc | 5.29% | ||
| ROICexgc | 5.31% | ||
| OM | 23.64% | ||
| PM (TTM) | 19.39% | ||
| GM | 40.83% | ||
| FCFM | 26.04% |
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-Score8
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 5.46 | ||
| Debt/EBITDA | 4.07 | ||
| Cap/Depr | 13.65% | ||
| Cap/Sales | 1.54% | ||
| Interest Coverage | 3.23 | ||
| Cash Conversion | 79.02% | ||
| Profit Quality | 134.27% | ||
| Current Ratio | 2.9 | ||
| Quick Ratio | 2.82 | ||
| Altman-Z | 3.15 |
F-Score8
WACC8.07%
ROIC/WACC0.62
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)16.39%
EPS 3Y0.04%
EPS 5Y22.55%
EPS Q2Q%21.43%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)10.09%
Revenue growth 3Y14.68%
Revenue growth 5Y25.94%
Sales Q2Q%15.68%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y17.02%
EBIT growth 3Y0.38%
EBIT growth 5Y25.02%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y70.91%
FCF growth 3Y-2.3%
FCF growth 5Y36.7%
OCF growth 1Y63.17%
OCF growth 3Y-1.15%
OCF growth 5Y28.86%