LXP INDUSTRIAL TRUST (LXP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LXP - US5290431015 - REIT
48.69 USD
+0.46 (+0.95%)
48.69 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to LXP. LXP was compared to 128 industry peers in the Diversified REITs industry. While LXP is still in line with the averages on profitability rating, there are concerns on its financial health. LXP is valied quite expensively at the moment, while it does show a decent growth rate. Finally LXP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year LXP was profitable.
In the past year LXP had a positive cash flow from operations.
LXP had positive earnings in each of the past 5 years.
Each year in the past 5 years LXP had a positive operating cash flow.
1.2 Ratios
The Return On Assets of LXP (2.17%) is better than 69.53% of its industry peers.
The Return On Equity of LXP (3.91%) is better than 63.28% of its industry peers.
LXP's Return On Invested Capital of 1.36% is on the low side compared to the rest of the industry. LXP is outperformed by 78.91% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LXP is in line with the industry average of 3.06%.
The 3 year average ROIC (1.18%) for LXP is below the current ROIC(1.36%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.17% | ||
| ROE | 3.91% | ||
| ROIC | 1.36% |
ROA(3y)1.4%
ROA(5y)3.73%
ROE(3y)2.48%
ROE(5y)6.56%
ROIC(3y)1.18%
ROIC(5y)1.51%
1.3 Margins
LXP has a Profit Margin of 22.26%. This is in the better half of the industry: LXP outperforms 74.22% of its industry peers.
LXP's Profit Margin has declined in the last couple of years.
LXP has a worse Operating Margin (17.09%) than 61.72% of its industry peers.
LXP's Operating Margin has declined in the last couple of years.
LXP's Gross Margin of 83.64% is amongst the best of the industry. LXP outperforms 84.38% of its industry peers.
LXP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.09% | ||
| PM (TTM) | 22.26% | ||
| GM | 83.64% |
OM growth 3Y-9.4%
OM growth 5Y-10.91%
PM growth 3Y-54.08%
PM growth 5Y-33.89%
GM growth 3Y-1.19%
GM growth 5Y-0.97%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LXP is destroying value.
LXP has more shares outstanding than it did 1 year ago.
The number of shares outstanding for LXP has been increased compared to 5 years ago.
LXP has a better debt/assets ratio than last year.
2.2 Solvency
LXP has an Altman-Z score of 0.70. This is a bad value and indicates that LXP is not financially healthy and even has some risk of bankruptcy.
LXP has a better Altman-Z score (0.70) than 62.50% of its industry peers.
A Debt/Equity ratio of 0.72 indicates that LXP is somewhat dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.72, LXP belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.7 |
ROIC/WACC0.2
WACC6.66%
2.3 Liquidity
A Current Ratio of 1.33 indicates that LXP should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.33, LXP is in line with its industry, outperforming 59.38% of the companies in the same industry.
LXP has a Quick Ratio of 1.33. This is a normal value and indicates that LXP is financially healthy and should not expect problems in meeting its short term obligations.
LXP has a Quick ratio of 1.33. This is in the better half of the industry: LXP outperforms 60.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
LXP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.50%.
LXP shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -42.57% yearly.
LXP shows a small growth in Revenue. In the last year, the Revenue has grown by 6.98%.
LXP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.92% yearly.
EPS 1Y (TTM)-12.5%
EPS 3Y-62.71%
EPS 5Y-42.57%
EPS Q2Q%3100%
Revenue 1Y (TTM)6.98%
Revenue growth 3Y1.38%
Revenue growth 5Y1.92%
Sales Q2Q%0.28%
3.2 Future
The Earnings Per Share is expected to grow by 65.09% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 3.85% on average over the next years.
EPS Next Y195.79%
EPS Next 2Y-3.16%
EPS Next 3Y34.86%
EPS Next 5Y65.09%
Revenue Next Year2.83%
Revenue Next 2Y3.36%
Revenue Next 3Y5.56%
Revenue Next 5Y3.85%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
LXP is valuated quite expensively with a Price/Earnings ratio of 39.91.
LXP's Price/Earnings ratio is in line with the industry average.
LXP is valuated expensively when we compare the Price/Earnings ratio to 26.41, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 741.66 indicates a quite expensive valuation of LXP.
Based on the Price/Forward Earnings ratio, LXP is valued a bit more expensive than the industry average as 60.16% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.40, LXP is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.91 | ||
| Fwd PE | 741.66 |
4.2 Price Multiples
64.06% of the companies in the same industry are cheaper than LXP, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.63 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of LXP may justify a higher PE ratio.
LXP's earnings are expected to grow with 34.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.2
PEG (5Y)N/A
EPS Next 2Y-3.16%
EPS Next 3Y34.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.76%, LXP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.34, LXP has a dividend in line with its industry peers.
LXP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.76% |
5.2 History
On average, the dividend of LXP grows each year by 39.93%, which is quite nice.
LXP has been paying a dividend for at least 10 years, so it has a reliable track record.
As LXP did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)39.93%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
LXP pays out 199.47% of its income as dividend. This is not a sustainable payout ratio.
LXP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP199.47%
EPS Next 2Y-3.16%
EPS Next 3Y34.86%
48.69
+0.46 (+0.95%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners100.28%
Inst Owner Change0.69%
Ins Owners2.43%
Ins Owner Change0.41%
Market Cap2.88B
Revenue(TTM)364.33M
Net Income(TTM)80.81M
Analysts80
Price Target55.01 (12.98%)
Short Float %N/A
Short Ratio0.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.76% |
Yearly Dividend2.69
Dividend Growth(5Y)39.93%
DP199.47%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)582.76%
Min EPS beat(2)397.03%
Max EPS beat(2)768.48%
EPS beat(4)4
Avg EPS beat(4)456.3%
Min EPS beat(4)15.12%
Max EPS beat(4)768.48%
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)2
Avg Revenue beat(2)2.2%
Min Revenue beat(2)0%
Max Revenue beat(2)4.4%
Revenue beat(4)4
Avg Revenue beat(4)5.72%
Min Revenue beat(4)0%
Max Revenue beat(4)17.9%
Revenue beat(8)5
Avg Revenue beat(8)2.62%
Revenue beat(12)8
Avg Revenue beat(12)2.37%
Revenue beat(16)11
Avg Revenue beat(16)2.04%
PT rev (1m)418.54%
PT rev (3m)413.61%
EPS NQ rev (1m)-400%
EPS NQ rev (3m)-400%
EPS NY rev (1m)51.85%
EPS NY rev (3m)485.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)-0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.91 | ||
| Fwd PE | 741.66 | ||
| P/S | 7.94 | ||
| P/FCF | N/A | ||
| P/OCF | 13.27 | ||
| P/B | 1.4 | ||
| P/tB | 1.4 | ||
| EV/EBITDA | 16.63 |
EPS(TTM)1.22
EY2.51%
EPS(NY)0.07
Fwd EY0.13%
FCF(TTM)-0.5
FCFYN/A
OCF(TTM)3.67
OCFY7.54%
SpS6.14
BVpS34.89
TBVpS34.89
PEG (NY)0.2
PEG (5Y)N/A
Graham Number30.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.17% | ||
| ROE | 3.91% | ||
| ROCE | 1.72% | ||
| ROIC | 1.36% | ||
| ROICexc | 1.39% | ||
| ROICexgc | 1.4% | ||
| OM | 17.09% | ||
| PM (TTM) | 22.26% | ||
| GM | 83.64% | ||
| FCFM | N/A |
ROA(3y)1.4%
ROA(5y)3.73%
ROE(3y)2.48%
ROE(5y)6.56%
ROIC(3y)1.18%
ROIC(5y)1.51%
ROICexc(3y)1.22%
ROICexc(5y)1.57%
ROICexgc(3y)1.23%
ROICexgc(5y)1.58%
ROCE(3y)1.5%
ROCE(5y)1.91%
ROICexgc growth 3Y-7.65%
ROICexgc growth 5Y-12.79%
ROICexc growth 3Y-7.75%
ROICexc growth 5Y-12.83%
OM growth 3Y-9.4%
OM growth 5Y-10.91%
PM growth 3Y-54.08%
PM growth 5Y-33.89%
GM growth 3Y-1.19%
GM growth 5Y-0.97%
F-Score8
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.77 | ||
| Cap/Depr | 125.34% | ||
| Cap/Sales | 67.89% | ||
| Interest Coverage | 1 | ||
| Cash Conversion | 83.93% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 | ||
| Altman-Z | 0.7 |
F-Score8
WACC6.66%
ROIC/WACC0.2
Cap/Depr(3y)156.07%
Cap/Depr(5y)295.13%
Cap/Sales(3y)87.39%
Cap/Sales(5y)155.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-12.5%
EPS 3Y-62.71%
EPS 5Y-42.57%
EPS Q2Q%3100%
EPS Next Y195.79%
EPS Next 2Y-3.16%
EPS Next 3Y34.86%
EPS Next 5Y65.09%
Revenue 1Y (TTM)6.98%
Revenue growth 3Y1.38%
Revenue growth 5Y1.92%
Sales Q2Q%0.28%
Revenue Next Year2.83%
Revenue Next 2Y3.36%
Revenue Next 3Y5.56%
Revenue Next 5Y3.85%
EBIT growth 1Y7.27%
EBIT growth 3Y-8.15%
EBIT growth 5Y-9.2%
EBIT Next Year446.71%
EBIT Next 3Y85.58%
EBIT Next 5Y47.21%
FCF growth 1Y21.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y13.25%
OCF growth 3Y-1.4%
OCF growth 5Y1.9%
LXP INDUSTRIAL TRUST / LXP FAQ
What is the fundamental rating for LXP stock?
ChartMill assigns a fundamental rating of 4 / 10 to LXP.
What is the valuation status for LXP stock?
ChartMill assigns a valuation rating of 3 / 10 to LXP INDUSTRIAL TRUST (LXP). This can be considered as Overvalued.
What is the profitability of LXP stock?
LXP INDUSTRIAL TRUST (LXP) has a profitability rating of 6 / 10.
What are the PE and PB ratios of LXP INDUSTRIAL TRUST (LXP) stock?
The Price/Earnings (PE) ratio for LXP INDUSTRIAL TRUST (LXP) is 39.91 and the Price/Book (PB) ratio is 1.4.
Can you provide the expected EPS growth for LXP stock?
The Earnings per Share (EPS) of LXP INDUSTRIAL TRUST (LXP) is expected to grow by 195.79% in the next year.