LXP INDUSTRIAL TRUST (LXP) Stock Fundamental Analysis
NYSE:LXP - US5290431015 - REIT
8.8 USD
+0.23 (+2.68%)
8.8 USD
0 (0%)
Taking everything into account, LXP scores 4 out of 10 in our fundamental rating. LXP was compared to 129 industry peers in the Diversified REITs industry. LXP has a medium profitability rating, but doesn't score so well on its financial health evaluation. LXP is quite expensive at the moment. 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.
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
With a decent Return On Assets value of 2.17%, LXP is doing good in the industry, outperforming 68.22% of the companies in the same industry.
The Return On Equity of LXP (3.91%) is better than 62.79% 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 79.07% 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 3.07%.
The last Return On Invested Capital (1.36%) for LXP is above the 3 year average (1.18%), which is a sign of increasing profitability.
| 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
The Profit Margin of LXP (22.26%) is better than 75.97% of its industry peers.
LXP's Profit Margin has declined in the last couple of years.
LXP has a Operating Margin (17.09%) which is in line with its industry peers.
LXP's Operating Margin has declined in the last couple of years.
The Gross Margin of LXP (83.64%) is better than 84.50% 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
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.
LXP has more shares outstanding than it did 5 years ago.
LXP has a better debt/assets ratio than last year.
2.2 Solvency
LXP has an Altman-Z score of 0.58. This is a bad value and indicates that LXP is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of LXP (0.58) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.72 indicates that LXP is somewhat dependend on debt financing.
The Debt to Equity ratio of LXP (0.72) is better than 79.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.58 |
ROIC/WACC0.2
WACC6.8%
2.3 Liquidity
LXP has a Current 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 Current ratio of 1.33. This is comparable to the rest of the industry: LXP outperforms 59.69% of its industry peers.
A Quick Ratio of 1.33 indicates that LXP should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.33, LXP is in the better half of the industry, outperforming 60.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
LXP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 300.00%, which is quite impressive.
LXP shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -42.57% yearly.
The Revenue has been growing slightly by 6.64% in the past year.
The Revenue has been growing slightly by 1.92% on average over the past years.
EPS 1Y (TTM)300%
EPS 3Y-62.71%
EPS 5Y-42.57%
EPS Q2Q%1000%
Revenue 1Y (TTM)6.64%
Revenue growth 3Y1.38%
Revenue growth 5Y1.92%
Sales Q2Q%2.25%
3.2 Future
Based on estimates for the next years, LXP will show a very strong growth in Earnings Per Share. The EPS will grow by 65.09% on average per year.
LXP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.30% yearly.
EPS Next Y-90.38%
EPS Next 2Y-9.58%
EPS Next 3Y16.65%
EPS Next 5Y65.09%
Revenue Next Year3.89%
Revenue Next 2Y5.36%
Revenue Next 3Y8.4%
Revenue Next 5Y4.3%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 36.67, which means the current valuation is very expensive for LXP.
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 (27.24), we can say LXP is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 153.75, the valuation of LXP can be described as expensive.
LXP's Price/Forward Earnings ratio is in line with the industry average.
LXP'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 | 36.67 | ||
| Fwd PE | 153.75 |
4.2 Price Multiples
LXP's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.05 |
4.3 Compensation for Growth
LXP has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as LXP's earnings are expected to grow with 16.65% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-9.58%
EPS Next 3Y16.65%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.56%, LXP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.54, LXP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, LXP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.56% |
5.2 History
The dividend of LXP has a limited annual growth rate of 1.42%.
LXP has paid a dividend for at least 10 years, which is a reliable track record.
LXP has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)1.42%
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-9.58%
EPS Next 3Y16.65%
8.8
+0.23 (+2.68%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners96.83%
Inst Owner Change3.01%
Ins Owners2.44%
Ins Owner Change0.66%
Market Cap2.60B
Analysts76
Price Target10.71 (21.7%)
Short Float %3.46%
Short Ratio2.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.56% |
Yearly Dividend0.54
Dividend Growth(5Y)1.42%
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)0%
PT rev (3m)2.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)140.01%
Revenue NQ rev (1m)-1.36%
Revenue NQ rev (3m)0.96%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.67 | ||
| Fwd PE | 153.75 | ||
| P/S | 7.17 | ||
| P/FCF | N/A | ||
| P/OCF | 11.99 | ||
| P/B | 1.26 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 15.05 |
EPS(TTM)0.24
EY2.73%
EPS(NY)0.06
Fwd EY0.65%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)0.73
OCFY8.34%
SpS1.23
BVpS6.98
TBVpS6.98
PEG (NY)N/A
PEG (5Y)N/A
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%
ROICexcg growth 3Y-7.65%
ROICexcg 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 | 5.67 | ||
| Cap/Depr | 122.74% | ||
| Cap/Sales | 67.89% | ||
| Interest Coverage | 1 | ||
| Cash Conversion | 82.6% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 | ||
| Altman-Z | 0.58 |
F-Score8
WACC6.8%
ROIC/WACC0.2
Cap/Depr(3y)154.48%
Cap/Depr(5y)294.17%
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)300%
EPS 3Y-62.71%
EPS 5Y-42.57%
EPS Q2Q%1000%
EPS Next Y-90.38%
EPS Next 2Y-9.58%
EPS Next 3Y16.65%
EPS Next 5Y65.09%
Revenue 1Y (TTM)6.64%
Revenue growth 3Y1.38%
Revenue growth 5Y1.92%
Sales Q2Q%2.25%
Revenue Next Year3.89%
Revenue Next 2Y5.36%
Revenue Next 3Y8.4%
Revenue Next 5Y4.3%
EBIT growth 1Y7.27%
EBIT growth 3Y-8.15%
EBIT growth 5Y-9.2%
EBIT Next Year447.09%
EBIT Next 3Y85.69%
EBIT Next 5Y47.67%
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%