ST JOE CO/THE (JOE) Stock Fundamental Analysis
NYSE:JOE - New York Stock Exchange, Inc. - US7901481009 - Common Stock - Currency: USD
Taking everything into account, JOE scores 5 out of 10 in our fundamental rating. JOE was compared to 65 industry peers in the Real Estate Management & Development industry. JOE has an excellent profitability rating, but there are some minor concerns on its financial health. JOE is valied quite expensively at the moment, while it does show a decent growth rate.
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.
JOE had positive earnings in each of the past 5 years.
JOE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
JOE has a better Return On Assets (5.02%) than 93.85% of its industry peers.
JOE has a Return On Equity of 10.68%. This is amongst the best in the industry. JOE outperforms 90.77% of its industry peers.
With a decent Return On Invested Capital value of 4.78%, JOE is doing good in the industry, outperforming 75.38% of the companies in the same industry.
JOE had an Average Return On Invested Capital over the past 3 years of 4.22%. This is in line with the industry average of 5.60%.
The last Return On Invested Capital (4.78%) for JOE is above the 3 year average (4.22%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.02% | ||
| ROE | 10.68% | ||
| ROIC | 4.78% |
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 has a better Profit Margin (19.00%) than 90.77% of its industry peers.
In the last couple of years the Profit Margin of JOE has declined.
JOE's Operating Margin of 23.59% is amongst the best of the industry. JOE outperforms 89.23% of its industry peers.
JOE's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 41.20%, JOE is in the better half of the industry, outperforming 72.31% of the companies in the same industry.
JOE's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.59% | ||
| PM (TTM) | 19% | ||
| GM | 41.2% |
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.
Compared to 1 year ago, JOE has about the same amount of shares outstanding.
Compared to 5 years ago, JOE has less shares outstanding
Compared to 1 year ago, JOE has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.98 indicates that JOE is not a great score, but indicates only limited risk for bankruptcy at the moment.
JOE has a better Altman-Z score (2.98) than 75.38% of its industry peers.
The Debt to FCF ratio of JOE is 5.97, which is a neutral value as it means it would take JOE, 5.97 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of JOE (5.97) is better than 75.38% of its industry peers.
A Debt/Equity ratio of 0.84 indicates that JOE is somewhat dependend on debt financing.
JOE has a worse Debt to Equity ratio (0.84) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 2.98 |
ROIC/WACC0.59
WACC8.04%
2.3 Liquidity
A Current Ratio of 2.74 indicates that JOE has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.74, JOE is in the better half of the industry, outperforming 73.85% of the companies in the same industry.
A Quick Ratio of 2.66 indicates that JOE has no problem at all paying its short term obligations.
The Quick ratio of JOE (2.66) is better than 78.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.74 | ||
| Quick Ratio | 2.66 |
3. Growth
3.1 Past
The earnings per share for JOE have decreased by -5.00% in the last year.
Measured over the past years, JOE shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.55% on average per year.
The Revenue has been growing slightly by 1.24% in the past 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)1.24%
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
Based on the Price/Earnings ratio of 35.80, the valuation of JOE can be described as expensive.
JOE's Price/Earnings ratio is a bit cheaper when compared to the industry. JOE is cheaper than 73.85% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.92, JOE is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.8 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JOE is valued a bit cheaper than the industry average as 70.77% of the companies are valued more expensively.
JOE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. JOE is cheaper than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.94 | ||
| EV/EBITDA | 22.77 |
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)1.59
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.20%, JOE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.69, JOE pays a better dividend. On top of this JOE pays more dividend than 84.62% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, JOE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
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
JOE pays out 40.53% of its income as dividend. This is a bit on the high side, but may be sustainable.
JOE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP40.53%
EPS Next 2YN/A
EPS Next 3YN/A
47.61
+0.28 (+0.59%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners86.65%
Inst Owner Change0.58%
Ins Owners0.32%
Ins Owner Change-2.24%
Market Cap2.77B
Analysts45
Price TargetN/A
Short Float %1.31%
Short Ratio2.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
Yearly Dividend0.52
Dividend Growth(5Y)1.69%
DP40.53%
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 | 35.8 | ||
| Fwd PE | N/A | ||
| P/S | 6.77 | ||
| P/FCF | 26.94 | ||
| P/OCF | 25.34 | ||
| P/B | 3.81 | ||
| P/tB | 3.81 | ||
| EV/EBITDA | 22.77 |
EPS(TTM)1.33
EY2.79%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)1.77
FCFY3.71%
OCF(TTM)1.88
OCFY3.95%
SpS7.03
BVpS12.5
TBVpS12.5
PEG (NY)N/A
PEG (5Y)1.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.02% | ||
| ROE | 10.68% | ||
| ROCE | 6.47% | ||
| ROIC | 4.78% | ||
| ROICexc | 5.1% | ||
| ROICexgc | 5.12% | ||
| OM | 23.59% | ||
| PM (TTM) | 19% | ||
| GM | 41.2% | ||
| FCFM | 25.14% |
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-Score6
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 5.97 | ||
| Debt/EBITDA | 4.27 | ||
| Cap/Depr | 13.8% | ||
| Cap/Sales | 1.6% | ||
| Interest Coverage | 3.02 | ||
| Cash Conversion | 76.05% | ||
| Profit Quality | 132.34% | ||
| Current Ratio | 2.74 | ||
| Quick Ratio | 2.66 | ||
| Altman-Z | 2.98 |
F-Score6
WACC8.04%
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)1.24%
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 1Y1.23%
EBIT growth 3Y0.38%
EBIT growth 5Y25.02%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y157.18%
FCF growth 3Y-2.3%
FCF growth 5Y36.7%
OCF growth 1Y129.83%
OCF growth 3Y-1.15%
OCF growth 5Y28.86%