LXP INDUSTRIAL TRUST (LXP)
US5290431015 - REIT
LXP gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 127 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. While showing a medium growth rate, LXP is valued expensive at the moment.
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
LXP's Return On Assets of 0.30% is in line compared to the rest of the industry. LXP outperforms 44.00% of its industry peers.
LXP's Return On Equity of 0.56% is in line compared to the rest of the industry. LXP outperforms 43.20% of its industry peers.
The Return On Invested Capital of LXP (1.21%) is worse than 81.60% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LXP is in line with the industry average of 3.01%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.3% | ||
| ROE | 0.56% | ||
| 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
LXP's Profit Margin of 3.62% is in line compared to the rest of the industry. LXP outperforms 48.80% of its industry peers.
LXP's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 18.00%, LXP is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of LXP has declined.
LXP has a Gross Margin of 83.96%. This is amongst the best in the industry. LXP outperforms 85.60% of its industry peers.
LXP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18% | ||
| PM (TTM) | 3.62% | ||
| GM | 83.96% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LXP is destroying value.
The number of shares outstanding for LXP has been increased compared to 1 year ago.
LXP has more shares outstanding than it did 5 years ago.
LXP has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.66, we must say that LXP is in the distress zone and has some risk of bankruptcy.
LXP's Altman-Z score of 0.66 is in line compared to the rest of the industry. LXP outperforms 53.60% of its industry peers.
The Debt to FCF ratio of LXP is 25.92, which is on the high side as it means it would take LXP, 25.92 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of LXP (25.92) is comparable to the rest of the industry.
LXP has a Debt/Equity ratio of 0.81. This is a neutral value indicating LXP is somewhat dependend on debt financing.
LXP has a Debt to Equity ratio of 0.81. This is in the better half of the industry: LXP outperforms 71.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 25.92 | ||
| Altman-Z | 0.66 |
ROIC/WACC0.18
WACC6.68%
2.3 Liquidity
LXP has a Current Ratio of 1.82. 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 better Current ratio (1.82) than 67.20% of its industry peers.
A Quick Ratio of 1.82 indicates that LXP should not have too much problems paying its short term obligations.
LXP's Quick ratio of 1.82 is fine compared to the rest of the industry. LXP outperforms 68.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.82 |
3. Growth
3.1 Past
The earnings per share for LXP have decreased strongly by -89.47% in the last year.
Measured over the past years, LXP shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.33% on average per year.
Looking at the last year, LXP shows a small growth in Revenue. The Revenue has grown by 4.79% in the last year.
Measured over the past years, LXP shows a decrease in Revenue. The Revenue has been decreasing by -3.02% on average per year.
EPS 1Y (TTM)-89.47%
EPS 3Y-50%
EPS 5Y-2.33%
EPS Q2Q%-133.33%
Revenue 1Y (TTM)4.79%
Revenue growth 3Y1.01%
Revenue growth 5Y-3.02%
Sales Q2Q%1.38%
3.2 Future
The Earnings Per Share is expected to grow by 40.57% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 10.85% on average over the next years. This is quite good.
EPS Next Y-163.12%
EPS Next 2Y-64.47%
EPS Next 3Y40.57%
EPS Next 5YN/A
Revenue Next Year1.23%
Revenue Next 2Y4.74%
Revenue Next 3Y10.85%
Revenue Next 5YN/A
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
With a Price/Earnings ratio of 259.25, LXP can be considered very expensive at the moment.
Based on the Price/Earnings ratio, LXP is valued a bit more expensive than 64.80% of the companies in the same industry.
When comparing the Price/Earnings ratio of LXP to the average of the S&P500 Index (24.41), we can say LXP is valued expensively.
Based on the Price/Forward Earnings ratio of 1026.73, the valuation of LXP can be described as expensive.
LXP's Price/Forward Earnings is on the same level as the industry average.
LXP is valuated expensively when we compare the Price/Forward Earnings ratio to 20.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 259.25 | ||
| Fwd PE | 1026.73 |
4.2 Price Multiples
76.00% of the companies in the same industry are cheaper than LXP, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LXP is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.68 | ||
| EV/EBITDA | 18.57 |
4.3 Compensation for Growth
A more expensive valuation may be justified as LXP's earnings are expected to grow with 40.57% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-64.47%
EPS Next 3Y40.57%
5. Dividend
5.1 Amount
LXP has a Yearly Dividend Yield of 5.17%, which is a nice return.
Compared to an average industry Dividend Yield of 5.52, 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 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.17% |
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.
The dividend of LXP decreased in the last 3 years.
Dividend Growth(5Y)-6.85%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
LXP pays out 1240.67% of its income as dividend. This is not a sustainable payout ratio.
DP1240.67%
EPS Next 2Y-64.47%
EPS Next 3Y40.57%
LXP INDUSTRIAL TRUST
NYSE:LXP (7/26/2024, 7:04:00 PM)
After market: 10.37 0 (0%)10.37
+0.18 (+1.77%)
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 Cap3.05B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.17% |
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)
Max EPS beat(2)
EPS beat(4)
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Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 259.25 | ||
| Fwd PE | 1026.73 | ||
| 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 | 0.3% | ||
| ROE | 0.56% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 18% | ||
| PM (TTM) | 3.62% | ||
| GM | 83.96% | ||
| 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 | 0.81 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.82 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)-89.47%
EPS 3Y-50%
EPS 5Y
EPS Q2Q%
EPS Next Y-163.12%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4.79%
Revenue growth 3Y1.01%
Revenue growth 5Y
Sales 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