LXP INDUSTRIAL TRUST (LXP)
US5290431015 - REIT
Overall LXP gets a fundamental rating of 4 out of 10. We evaluated LXP against 126 industry peers in the Diversified REITs industry. Both the profitability and the financial health of LXP get a neutral evaluation. Nothing too spectacular is happening here. LXP does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
LXP had positive earnings in the past year.
LXP had a positive operating cash flow in the past year.
In the past 5 years LXP has always been profitable.
Each year in the past 5 years LXP had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.57%, LXP is in line with its industry, outperforming 49.59% of the companies in the same industry.
With a Return On Equity value of 1.07%, LXP perfoms like the industry average, outperforming 46.34% of the companies in the same industry.
LXP has a worse Return On Invested Capital (1.21%) than 80.49% 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 2.95%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 1.07% | ||
| ROIC | 1.21% |
ROA(3y)4.2%
ROA(5y)5.25%
ROE(3y)7.34%
ROE(5y)9.41%
ROIC(3y)1.29%
ROIC(5y)1.77%
1.3 Margins
With a Profit Margin value of 6.98%, LXP perfoms like the industry average, outperforming 56.91% of the companies in the same industry.
LXP's Profit Margin has declined in the last couple of years.
LXP's Operating Margin of 18.25% is in line compared to the rest of the industry. LXP outperforms 43.09% of its industry peers.
LXP's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 83.87%, LXP belongs to the best of the industry, outperforming 84.55% of the companies in the same industry.
LXP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.25% | ||
| PM (TTM) | 6.98% | ||
| GM | 83.87% |
OM growth 3Y-14.47%
OM growth 5Y-14%
PM growth 3Y-49.22%
PM growth 5Y-33.92%
GM growth 3Y-1.78%
GM growth 5Y-1.23%
2. Health
2.1 Basic Checks
LXP 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 LXP has been increased compared to 1 year ago.
The number of shares outstanding for LXP has been increased compared to 5 years ago.
Compared to 1 year ago, LXP has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.54, we must say that LXP is in the distress zone and has some risk of bankruptcy.
LXP's Altman-Z score of 0.54 is in line compared to the rest of the industry. LXP outperforms 49.59% of its industry peers.
LXP has a debt to FCF ratio of 31.79. This is a negative value and a sign of low solvency as LXP would need 31.79 years to pay back of all of its debts.
LXP has a Debt to FCF ratio of 31.79. This is comparable to the rest of the industry: LXP outperforms 51.22% of its industry peers.
A Debt/Equity ratio of 0.79 indicates that LXP is somewhat dependend on debt financing.
LXP has a better Debt to Equity ratio (0.79) than 69.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 31.79 | ||
| Altman-Z | 0.54 |
ROIC/WACC0.17
WACC6.97%
2.3 Liquidity
A Current Ratio of 2.21 indicates that LXP has no problem at all paying its short term obligations.
LXP has a Current ratio of 2.21. This is amongst the best in the industry. LXP outperforms 81.30% of its industry peers.
A Quick Ratio of 2.21 indicates that LXP has no problem at all paying its short term obligations.
LXP has a Quick ratio of 2.21. This is amongst the best in the industry. LXP outperforms 81.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 2.21 |
3. Growth
3.1 Past
LXP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -78.95%.
LXP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.33% yearly.
The Revenue has been growing slightly by 5.99% in the past year.
The Revenue has been decreasing by -3.02% on average over the past years.
EPS 1Y (TTM)-78.95%
EPS 3Y-50%
EPS 5Y-2.33%
EPS growth Q2Q-69.23%
Revenue 1Y (TTM)5.99%
Revenue growth 3Y1.01%
Revenue growth 5Y-3.02%
Revenue growth Q2Q2.29%
3.2 Future
The Earnings Per Share is expected to decrease by -31.91% on average over the next years. This is quite bad
Based on estimates for the next years, LXP will show a quite strong growth in Revenue. The Revenue will grow by 10.23% on average per year.
EPS Next Y-171.55%
EPS Next 2Y-42.9%
EPS Next 3Y-31.91%
EPS Next 5YN/A
Revenue Next Year-2.77%
Revenue Next 2Y1.96%
Revenue Next 3Y10.23%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 105.88.
LXP's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of LXP to the average of the S&P500 Index (24.80), we can say LXP is valued expensively.
The Forward Price/Earnings Ratio is negative for LXP. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 105.88 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LXP is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
LXP's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.75 | ||
| EV/EBITDA | 16.34 |
4.3 Compensation for Growth
LXP's earnings are expected to decrease with -31.91% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-42.9%
EPS Next 3Y-31.91%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.71%, LXP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.97, 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 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.71% |
5.2 History
The dividend of LXP decreases each year by -6.85%.
LXP has been paying a dividend for at least 10 years, so it has a reliable track record.
LXP has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-6.85%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
LXP pays out 638.77% of its income as dividend. This is not a sustainable payout ratio.
LXP's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP638.77%
EPS Next 2Y-42.9%
EPS Next 3Y-31.91%
LXP INDUSTRIAL TRUST
NYSE:LXP (4/18/2024, 7:06:29 PM)
After market: 8.47 0 (0%)8.47
-0.06 (-0.7%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.49B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.71% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 105.88 | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 1.07% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 18.25% | ||
| PM (TTM) | 6.98% | ||
| GM | 83.87% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.21 | ||
| Quick Ratio | 2.21 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-78.95%
EPS 3Y-50%
EPS 5Y
EPS growth Q2Q
EPS Next Y-171.55%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5.99%
Revenue growth 3Y1.01%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y