LINEAGE INC (LINE) Stock Fundamental Analysis
NASDAQ:LINE - US53566V1061 - REIT
40.28 USD
+1.19 (+3.04%)
40.28 USD
0 (0%)
Taking everything into account, LINE scores 2 out of 10 in our fundamental rating. LINE was compared to 129 industry peers in the Diversified REITs industry. LINE may be in some trouble as it scores bad on both profitability and health. LINE does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
LINE had negative earnings in the past year.
In the past year LINE had a positive cash flow from operations.
1.2 Ratios
LINE has a Return On Assets of -2.82%. This is in the lower half of the industry: LINE underperforms 74.42% of its industry peers.
LINE has a worse Return On Equity (-6.36%) than 68.22% of its industry peers.
LINE has a worse Return On Invested Capital (1.10%) than 83.72% of its industry peers.
LINE had an Average Return On Invested Capital over the past 3 years of 1.85%. This is in line with the industry average of 3.07%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.82% | ||
| ROE | -6.36% | ||
| ROIC | 1.1% |
ROA(3y)-1.44%
ROA(5y)N/A
ROE(3y)-3.48%
ROE(5y)N/A
ROIC(3y)1.85%
ROIC(5y)N/A
1.3 Margins
The Operating Margin of LINE (4.70%) is worse than 86.05% of its industry peers.
In the last couple of years the Operating Margin of LINE has remained more or less at the same level.
LINE's Gross Margin of 32.30% is on the low side compared to the rest of the industry. LINE is outperformed by 87.60% of its industry peers.
LINE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.7% | ||
| PM (TTM) | N/A | ||
| GM | 32.3% |
OM growth 3Y0.12%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.87%
GM growth 5YN/A
2. Health
2.1 Basic Checks
LINE 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, LINE has more shares outstanding
LINE has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.66, we must say that LINE is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.66, LINE is in the better half of the industry, outperforming 61.24% of the companies in the same industry.
LINE has a debt to FCF ratio of 42.17. This is a negative value and a sign of low solvency as LINE would need 42.17 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 42.17, LINE is in the better half of the industry, outperforming 63.57% of the companies in the same industry.
A Debt/Equity ratio of 0.81 indicates that LINE is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.81, LINE is doing good in the industry, outperforming 72.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 42.17 | ||
| Altman-Z | 0.66 |
ROIC/WACC0.15
WACC7.45%
2.3 Liquidity
A Current Ratio of 0.96 indicates that LINE may have some problems paying its short term obligations.
With a Current ratio value of 0.96, LINE perfoms like the industry average, outperforming 49.61% of the companies in the same industry.
LINE has a Quick Ratio of 0.96. This is a bad value and indicates that LINE is not financially healthy enough and could expect problems in meeting its short term obligations.
LINE has a Quick ratio (0.83) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
LINE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -887.61%.
LINE shows a decrease in Revenue. In the last year, the revenue decreased by -0.03%.
The Revenue has been growing by 12.99% on average over the past years. This is quite good.
EPS 1Y (TTM)-887.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%82.61%
Revenue 1Y (TTM)-0.03%
Revenue growth 3Y12.99%
Revenue growth 5YN/A
Sales Q2Q%0.9%
3.2 Future
LINE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.99% yearly.
The Revenue is expected to grow by 4.04% on average over the next years.
EPS Next Y97.37%
EPS Next 2Y42.89%
EPS Next 3Y28.99%
EPS Next 5YN/A
Revenue Next Year1.64%
Revenue Next 2Y3.28%
Revenue Next 3Y4.04%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for LINE. In the last year negative earnings were reported.
LINE is valuated quite expensively with a Price/Forward Earnings ratio of 338.36.
The rest of the industry has a similar Price/Forward Earnings ratio as LINE.
LINE's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 35.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 338.36 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as LINE.
Based on the Price/Free Cash Flow ratio, LINE is valued a bit cheaper than the industry average as 61.24% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 54.81 | ||
| EV/EBITDA | 14.08 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LINE does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as LINE's earnings are expected to grow with 28.99% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y42.89%
EPS Next 3Y28.99%
5. Dividend
5.1 Amount
LINE has a Yearly Dividend Yield of 5.02%, which is a nice return.
Compared to an average industry Dividend Yield of 6.54, LINE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, LINE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.02% |
5.2 History
LINE has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y42.89%
EPS Next 3Y28.99%
40.28
+1.19 (+3.04%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners33.49%
Inst Owner Change-4.1%
Ins Owners0.18%
Ins Owner Change0.1%
Market Cap9.21B
Analysts70.4
Price Target52.26 (29.74%)
Short Float %5.1%
Short Ratio3.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.02% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-40.84%
Min EPS beat(2)-46.03%
Max EPS beat(2)-35.66%
EPS beat(4)0
Avg EPS beat(4)-162.35%
Min EPS beat(4)-466.27%
Max EPS beat(4)-35.66%
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)0
Avg Revenue beat(2)-3%
Min Revenue beat(2)-5.42%
Max Revenue beat(2)-0.59%
Revenue beat(4)0
Avg Revenue beat(4)-2.33%
Min Revenue beat(4)-5.42%
Max Revenue beat(4)-0.59%
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)-7.98%
PT rev (3m)-18.03%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-67.45%
EPS NY rev (1m)0%
EPS NY rev (3m)-633.3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.42%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-0.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 338.36 | ||
| P/S | 1.73 | ||
| P/FCF | 54.81 | ||
| P/OCF | 10.96 | ||
| P/B | 1.07 | ||
| P/tB | 2.31 | ||
| EV/EBITDA | 14.08 |
EPS(TTM)-2.93
EYN/A
EPS(NY)0.12
Fwd EY0.3%
FCF(TTM)0.73
FCFY1.82%
OCF(TTM)3.67
OCFY9.12%
SpS23.26
BVpS37.78
TBVpS17.42
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.82% | ||
| ROE | -6.36% | ||
| ROCE | 1.39% | ||
| ROIC | 1.1% | ||
| ROICexc | 1.1% | ||
| ROICexgc | 1.49% | ||
| OM | 4.7% | ||
| PM (TTM) | N/A | ||
| GM | 32.3% | ||
| FCFM | 3.16% |
ROA(3y)-1.44%
ROA(5y)N/A
ROE(3y)-3.48%
ROE(5y)N/A
ROIC(3y)1.85%
ROIC(5y)N/A
ROICexc(3y)1.86%
ROICexc(5y)N/A
ROICexgc(3y)2.54%
ROICexgc(5y)N/A
ROCE(3y)2.34%
ROCE(5y)N/A
ROICexcg growth 3Y8.4%
ROICexcg growth 5YN/A
ROICexc growth 3Y8.9%
ROICexc growth 5YN/A
OM growth 3Y0.12%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.87%
GM growth 5YN/A
F-Score4
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 42.17 | ||
| Debt/EBITDA | 6.16 | ||
| Cap/Depr | 76.19% | ||
| Cap/Sales | 12.64% | ||
| Interest Coverage | 0.7 | ||
| Cash Conversion | 74.2% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 0.66 |
F-Score4
WACC7.45%
ROIC/WACC0.15
Cap/Depr(3y)99.91%
Cap/Depr(5y)N/A
Cap/Sales(3y)14.59%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-887.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%82.61%
EPS Next Y97.37%
EPS Next 2Y42.89%
EPS Next 3Y28.99%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.03%
Revenue growth 3Y12.99%
Revenue growth 5YN/A
Sales Q2Q%0.9%
Revenue Next Year1.64%
Revenue Next 2Y3.28%
Revenue Next 3Y4.04%
Revenue Next 5YN/A
EBIT growth 1Y-29.21%
EBIT growth 3Y13.12%
EBIT growth 5YN/A
EBIT Next Year384.97%
EBIT Next 3Y77.36%
EBIT Next 5YN/A
FCF growth 1Y-59.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-11.58%
OCF growth 3Y28.68%
OCF growth 5YN/A