LXP INDUSTRIAL TRUST (LXP) Stock Fundamental Analysis
USA - NYSE:LXP - US5290431015 - REIT
9.49 USD
-0.13 (-1.35%)
9.49 USD
0 (0%)
We assign a fundamental rating of 5 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 has a correct valuation and a medium growth rate. LXP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year LXP was profitable.
LXP had a positive operating cash flow in the past year.
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
With a decent Return On Assets value of 2.17%, LXP is doing good in the industry, outperforming 67.97% of the companies in the same industry.
LXP has a better Return On Equity (3.91%) than 60.16% 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 77.34% 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 3.08%.
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 74.22% of its industry peers.
In the last couple of years the Profit Margin of LXP has declined.
LXP's Operating Margin of 17.09% is on the low side compared to the rest of the industry. LXP is outperformed by 60.94% of 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 84.38% 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.
Compared to 1 year ago, LXP has more shares outstanding
Compared to 5 years ago, LXP has more shares outstanding
Compared to 1 year ago, LXP has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.69, we must say that LXP is in the distress zone and has some risk of bankruptcy.
LXP's Altman-Z score of 0.69 is fine compared to the rest of the industry. LXP outperforms 62.50% of its industry peers.
LXP has a Debt/Equity ratio of 0.72. This is a neutral value indicating LXP is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.72, LXP is in the better half of the industry, outperforming 78.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.69 |
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.
LXP has a Current ratio of 1.33. This is in the better half of the industry: LXP outperforms 62.50% of its industry peers.
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.
With a decent Quick ratio value of 1.33, LXP is doing good in the industry, outperforming 64.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
The earnings per share for LXP have decreased strongly by -12.50% in the last year.
LXP shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -42.57% yearly.
Looking at the last year, LXP shows a small growth in Revenue. The Revenue has grown by 5.27% in the last year.
Measured over the past years, LXP shows a small growth in Revenue. The Revenue has been growing by 1.92% on average per year.
EPS 1Y (TTM)-12.5%
EPS 3Y-62.71%
EPS 5Y-42.57%
EPS Q2Q%700%
Revenue 1Y (TTM)5.27%
Revenue growth 3Y1.38%
Revenue growth 5Y1.92%
Sales Q2Q%0.28%
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.
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 rather expensively with a Price/Earnings ratio of 24.97.
Compared to the rest of the industry, the Price/Earnings ratio of LXP indicates a somewhat cheap valuation: LXP is cheaper than 73.44% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.28, LXP is valued at the same level.
Based on the Price/Forward Earnings ratio of 144.55, the valuation of LXP can be described as expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as LXP.
LXP is valuated expensively when we compare the Price/Forward Earnings ratio to 33.61, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.97 | ||
| Fwd PE | 144.55 |
4.2 Price Multiples
64.84% 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 | 16.49 |
4.3 Compensation for Growth
LXP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
LXP has a very decent profitability rating, which 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)0.13
PEG (5Y)N/A
EPS Next 2Y-3.16%
EPS Next 3Y34.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.99%, LXP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.28, 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 | 6.99% |
5.2 History
The dividend of LXP has a limited annual growth rate of 1.42%.
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)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.
The dividend of LXP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP199.47%
EPS Next 2Y-3.16%
EPS Next 3Y34.86%
9.49
-0.13 (-1.35%)
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 Change1.04%
Ins Owners2.43%
Ins Owner Change0.41%
Market Cap2.81B
Revenue(TTM)358.46M
Net Income(TTM)80.81M
Analysts80
Price TargetN/A
Short Float %3.31%
Short Ratio2.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.99% |
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)2.34%
PT rev (3m)1.36%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)51.85%
EPS NY rev (3m)2973.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.84%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)-1.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.97 | ||
| Fwd PE | 144.55 | ||
| P/S | 7.73 | ||
| P/FCF | N/A | ||
| P/OCF | 12.93 | ||
| P/B | 1.36 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 16.49 |
EPS(TTM)0.38
EY4%
EPS(NY)0.07
Fwd EY0.69%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)0.73
OCFY7.73%
SpS1.23
BVpS6.98
TBVpS6.98
PEG (NY)0.13
PEG (5Y)N/A
Graham Number7.72
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 | 0.69 |
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%700%
EPS Next Y195.79%
EPS Next 2Y-3.16%
EPS Next 3Y34.86%
EPS Next 5Y65.09%
Revenue 1Y (TTM)5.27%
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 5 / 10 to LXP.
What is the valuation status for LXP stock?
ChartMill assigns a valuation rating of 4 / 10 to LXP INDUSTRIAL TRUST (LXP). This can be considered as Fairly Valued.
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 24.97 and the Price/Book (PB) ratio is 1.36.
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.