LXP INDUSTRIAL TRUST (LXP) Stock Fundamental Analysis
USA - NYSE:LXP - US5290431015 - REIT
9.36 USD
-0.03 (-0.32%)
9.36 USD
0 (0%)
LXP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 129 industry peers in the Diversified REITs industry. There are concerns on the financial health of LXP while its profitability can be described as average. LXP is valied quite expensively at the moment, while it does show a decent growth rate. LXP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
LXP had positive earnings in the past year.
In the past year LXP had a positive cash flow from operations.
Each year in the past 5 years LXP has been profitable.
In the past 5 years LXP always reported a positive cash flow from operatings.
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.
LXP has a better Return On Equity (3.91%) than 61.24% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.36%, LXP is doing worse than 79.07% of the companies in the same industry.
LXP had an Average Return On Invested Capital over the past 3 years of 1.18%. This is in line with the industry average of 3.04%.
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's Profit Margin of 22.26% is fine compared to the rest of the industry. LXP outperforms 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.
Looking at the Gross Margin, with a value of 83.64%, LXP belongs to the top of the industry, outperforming 84.50% of the companies in the same industry.
In the last couple of years the Gross Margin of LXP has remained more or less at the same level.
| 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
LXP has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, LXP has an improved debt to assets ratio.
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 has a Altman-Z score of 0.66. This is comparable to the rest of the industry: LXP outperforms 58.91% of its industry peers.
A Debt/Equity ratio of 0.72 indicates that LXP is somewhat dependend on debt financing.
LXP's Debt to Equity ratio of 0.72 is fine compared to the rest of the industry. LXP outperforms 78.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.66 |
ROIC/WACC0.2
WACC6.69%
2.3 Liquidity
A Current Ratio of 1.33 indicates that LXP should not have too much problems paying its short term obligations.
The Current ratio of LXP (1.33) is comparable to the rest of the 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 (1.33) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 300.00% over the past 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.
The Revenue has been growing slightly by 6.64% in the past year.
LXP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.92% yearly.
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.
The Revenue is expected to grow by 4.30% on average over the next years.
EPS Next Y94.79%
EPS Next 2Y-3.16%
EPS Next 3Y26.41%
EPS Next 5Y65.09%
Revenue Next Year2.99%
Revenue Next 2Y4.08%
Revenue Next 3Y6.87%
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.
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 39.00, LXP can be considered very expensive at the moment.
LXP's Price/Earnings ratio is in line with the industry average.
LXP is valuated rather expensively when we compare the Price/Earnings ratio to 27.86, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 142.57 indicates a quite expensive valuation of LXP.
LXP's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.32, LXP is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39 | ||
| Fwd PE | 142.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LXP is valued a bit more expensive than the industry average as 62.02% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.97 |
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.
LXP has a very decent profitability rating, which may justify a higher PE ratio.
LXP's earnings are expected to grow with 26.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.41
PEG (5Y)N/A
EPS Next 2Y-3.16%
EPS Next 3Y26.41%
5. Dividend
5.1 Amount
LXP has a Yearly Dividend Yield of 6.72%, which is a nice return.
LXP's Dividend Yield is a higher than the industry average which is at 6.41.
LXP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.72% |
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 3Y26.41%
9.36
-0.03 (-0.32%)
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 Change3.01%
Ins Owners2.43%
Ins Owner Change0.41%
Market Cap2.77B
Analysts78.18
Price Target10.61 (13.35%)
Short Float %3.91%
Short Ratio3.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.72% |
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)-0.95%
PT rev (3m)-0.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-100%
EPS NY rev (1m)285.71%
EPS NY rev (3m)1112.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.21%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39 | ||
| Fwd PE | 142.57 | ||
| P/S | 7.63 | ||
| P/FCF | N/A | ||
| P/OCF | 12.75 | ||
| P/B | 1.34 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | 15.97 |
EPS(TTM)0.24
EY2.56%
EPS(NY)0.07
Fwd EY0.7%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)0.73
OCFY7.84%
SpS1.23
BVpS6.98
TBVpS6.98
PEG (NY)0.41
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 | 0.66 |
F-Score8
WACC6.69%
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 Y94.79%
EPS Next 2Y-3.16%
EPS Next 3Y26.41%
EPS Next 5Y65.09%
Revenue 1Y (TTM)6.64%
Revenue growth 3Y1.38%
Revenue growth 5Y1.92%
Sales Q2Q%2.25%
Revenue Next Year2.99%
Revenue Next 2Y4.08%
Revenue Next 3Y6.87%
Revenue Next 5Y4.3%
EBIT growth 1Y7.27%
EBIT growth 3Y-8.15%
EBIT growth 5Y-9.2%
EBIT Next Year446.71%
EBIT Next 3Y85.58%
EBIT Next 5Y47.67%
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%