LINEAGE INC (LINE) Stock Fundamental Analysis
NASDAQ:LINE - Nasdaq - US53566V1061 - REIT - Currency: USD
We assign a fundamental rating of 2 out of 10 to LINE. LINE was compared to 130 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.
LINE had a positive operating cash flow in the past year.
1.2 Ratios
The Return On Assets of LINE (-3.30%) is worse than 79.23% of its industry peers.
LINE's Return On Equity of -7.21% is on the low side compared to the rest of the industry. LINE is outperformed by 70.00% of its industry peers.
The Return On Invested Capital of LINE (1.31%) is worse than 82.31% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LINE is in line with the industry average of 3.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.3% | ||
| ROE | -7.21% | ||
| ROIC | 1.31% |
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
LINE has a worse Operating Margin (5.43%) than 85.38% of its industry peers.
LINE's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 32.69%, LINE is doing worse than 88.46% of the companies in the same industry.
In the last couple of years the Gross Margin of LINE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.43% | ||
| PM (TTM) | N/A | ||
| GM | 32.69% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LINE is destroying value.
LINE has more shares outstanding than it did 1 year ago.
The debt/assets ratio for LINE has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.77, we must say that LINE is in the distress zone and has some risk of bankruptcy.
LINE's Altman-Z score of 0.77 is fine compared to the rest of the industry. LINE outperforms 66.15% of its industry peers.
LINE has a debt to FCF ratio of 156.16. This is a negative value and a sign of low solvency as LINE would need 156.16 years to pay back of all of its debts.
LINE's Debt to FCF ratio of 156.16 is in line compared to the rest of the industry. LINE outperforms 55.38% of its industry peers.
LINE has a Debt/Equity ratio of 0.74. This is a neutral value indicating LINE is somewhat dependend on debt financing.
LINE has a better Debt to Equity ratio (0.74) than 73.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 156.16 | ||
| Altman-Z | 0.77 |
ROIC/WACC0.19
WACC7.05%
2.3 Liquidity
LINE has a Current Ratio of 0.99. 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's Current ratio of 0.99 is in line compared to the rest of the industry. LINE outperforms 53.08% of its industry peers.
LINE has a Quick Ratio of 0.99. This is a bad value and indicates that LINE is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.86, LINE perfoms like the industry average, outperforming 47.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The earnings per share for LINE have decreased strongly by -887.61% in the last year.
Looking at the last year, LINE shows a decrease in Revenue. The Revenue has decreased by -0.03% in the last year.
Measured over the past years, LINE shows a quite strong growth in Revenue. The Revenue has been growing by 12.99% on average per year.
EPS 1Y (TTM)-887.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%100%
Revenue 1Y (TTM)-0.03%
Revenue growth 3Y12.99%
Revenue growth 5YN/A
Sales Q2Q%-2.71%
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.
LINE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.15% yearly.
EPS Next Y97.37%
EPS Next 2Y42.89%
EPS Next 3Y28.99%
EPS Next 5YN/A
Revenue Next Year1.71%
Revenue Next 2Y3.34%
Revenue Next 3Y4.15%
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.
A Price/Forward Earnings ratio of 355.75 indicates a quite expensive valuation of LINE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LINE is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.21, LINE is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 355.75 |
4.2 Price Multiples
LINE's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LINE is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 229.4 | ||
| EV/EBITDA | 13.96 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
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
With a Yearly Dividend Yield of 4.54%, LINE is a good candidate for dividend investing.
LINE's Dividend Yield is slightly below the industry average, which is at 6.52.
LINE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.54% |
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%
42.35
-0.8 (-1.85%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners32.57%
Inst Owner Change-0.08%
Ins Owners0.31%
Ins Owner Change0.09%
Market Cap9.68B
Analysts70.83
Price Target56.04 (32.33%)
Short Float %5.67%
Short Ratio4.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.54% |
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)-250.96%
Min EPS beat(2)-466.27%
Max EPS beat(2)-35.66%
EPS beat(4)0
Avg EPS beat(4)-192.16%
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)-3.59%
Min Revenue beat(2)-5.42%
Max Revenue beat(2)-1.76%
Revenue beat(4)0
Avg Revenue beat(4)-2.62%
Min Revenue beat(4)-5.42%
Max Revenue beat(4)-1.55%
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)-6.88%
PT rev (3m)-20.1%
EPS NQ rev (1m)-5.31%
EPS NQ rev (3m)-1040.63%
EPS NY rev (1m)65.89%
EPS NY rev (3m)-955.66%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)-2.66%
Revenue NY rev (1m)-0.34%
Revenue NY rev (3m)-1.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 355.75 | ||
| P/S | 1.83 | ||
| P/FCF | 229.4 | ||
| P/OCF | 13.14 | ||
| P/B | 1.13 | ||
| P/tB | 2.37 | ||
| EV/EBITDA | 13.96 |
EPS(TTM)-3.31
EYN/A
EPS(NY)0.12
Fwd EY0.28%
FCF(TTM)0.18
FCFY0.44%
OCF(TTM)3.22
OCFY7.61%
SpS23.2
BVpS37.56
TBVpS17.9
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.3% | ||
| ROE | -7.21% | ||
| ROCE | 1.66% | ||
| ROIC | 1.31% | ||
| ROICexc | 1.33% | ||
| ROICexgc | 1.8% | ||
| OM | 5.43% | ||
| PM (TTM) | N/A | ||
| GM | 32.69% | ||
| FCFM | 0.8% |
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 Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 156.16 | ||
| Debt/EBITDA | 5.47 | ||
| Cap/Depr | 79.2% | ||
| Cap/Sales | 13.09% | ||
| Interest Coverage | 0.64 | ||
| Cash Conversion | 63.24% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 0.77 |
F-Score4
WACC7.05%
ROIC/WACC0.19
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%100%
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%-2.71%
Revenue Next Year1.71%
Revenue Next 2Y3.34%
Revenue Next 3Y4.15%
Revenue Next 5YN/A
EBIT growth 1Y-29.21%
EBIT growth 3Y13.12%
EBIT growth 5YN/A
EBIT Next Year396.93%
EBIT Next 3Y79.34%
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