ALPINE INCOME PROPERTY TRUST (PINE) Stock Fundamental Analysis
NYSE:PINE - US02083X1037 - REIT
15.21 USD
+0.22 (+1.47%)
15.21 USD
0 (0%)
Taking everything into account, PINE scores 2 out of 10 in our fundamental rating. PINE was compared to 129 industry peers in the Diversified REITs industry. There are concerns on the financial health of PINE while its profitability can be described as average. PINE is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PINE has reported negative net income.
PINE had a positive operating cash flow in the past year.
In the past 5 years PINE has always been profitable.
Each year in the past 5 years PINE had a positive operating cash flow.
1.2 Ratios
PINE has a Return On Assets of -0.11%. This is comparable to the rest of the industry: PINE outperforms 41.09% of its industry peers.
PINE's Return On Equity of -0.30% is in line compared to the rest of the industry. PINE outperforms 41.09% of its industry peers.
PINE has a worse Return On Invested Capital (1.85%) than 66.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PINE is in line with the industry average of 3.07%.
The 3 year average ROIC (1.35%) for PINE is below the current ROIC(1.85%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.11% | ||
| ROE | -0.3% | ||
| ROIC | 1.85% |
ROA(3y)2.01%
ROA(5y)1.68%
ROE(3y)4.45%
ROE(5y)3.84%
ROIC(3y)1.35%
ROIC(5y)1.12%
1.3 Margins
In the last couple of years the Profit Margin of PINE has declined.
With a Operating Margin value of 25.59%, PINE perfoms like the industry average, outperforming 57.36% of the companies in the same industry.
In the last couple of years the Operating Margin of PINE has declined.
PINE's Gross Margin of 86.15% is amongst the best of the industry. PINE outperforms 86.82% of its industry peers.
In the last couple of years the Gross Margin of PINE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.59% | ||
| PM (TTM) | N/A | ||
| GM | 86.15% |
OM growth 3Y8.89%
OM growth 5Y-3.06%
PM growth 3Y-50.72%
PM growth 5Y-31.96%
GM growth 3Y-0.9%
GM growth 5Y0.21%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PINE is destroying value.
PINE has more shares outstanding than it did 1 year ago.
PINE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, PINE has a worse debt to assets ratio.
2.2 Solvency
PINE has an Altman-Z score of 0.42. This is a bad value and indicates that PINE is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of PINE (0.42) is comparable to the rest of the industry.
PINE has a Debt/Equity ratio of 1.54. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.54, PINE is not doing good in the industry: 60.47% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.54 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.42 |
ROIC/WACC0.29
WACC6.46%
2.3 Liquidity
A Current Ratio of 0.62 indicates that PINE may have some problems paying its short term obligations.
The Current ratio of PINE (0.62) is worse than 72.09% of its industry peers.
PINE has a Quick Ratio of 0.62. This is a bad value and indicates that PINE is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.62, PINE is not doing good in the industry: 72.09% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
PINE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.00%.
PINE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -18.88% yearly.
PINE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 17.14%.
The Revenue has been growing by 31.60% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-25%
EPS 3Y-8.04%
EPS 5Y-18.88%
EPS Q2Q%-1300%
Revenue 1Y (TTM)17.14%
Revenue growth 3Y20.12%
Revenue growth 5Y31.6%
Sales Q2Q%19%
3.2 Future
The Earnings Per Share is expected to decrease by -27.61% on average over the next years. This is quite bad
PINE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.72% yearly.
EPS Next Y-227.5%
EPS Next 2Y-59.58%
EPS Next 3Y-33.9%
EPS Next 5Y-27.61%
Revenue Next Year14.43%
Revenue Next 2Y7.04%
Revenue Next 3Y2.45%
Revenue Next 5Y5.72%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PINE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for PINE. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PINE is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.69 |
4.3 Compensation for Growth
A cheap valuation may be justified as PINE's earnings are expected to decrease with -33.90% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-59.58%
EPS Next 3Y-33.9%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.57%, PINE is a good candidate for dividend investing.
PINE's Dividend Yield is a higher than the industry average which is at 6.36.
PINE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.57% |
5.2 History
PINE has been paying a dividend for over 5 years, so it has already some track record.
PINE has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)N/A
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
PINE has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-2506.73%
EPS Next 2Y-59.58%
EPS Next 3Y-33.9%
15.21
+0.22 (+1.47%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners64.86%
Inst Owner Change-3.55%
Ins Owners0.82%
Ins Owner Change1.89%
Market Cap215.37M
Analysts83.53
Price Target18.13 (19.2%)
Short Float %0.85%
Short Ratio1.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.57% |
Yearly Dividend1.18
Dividend Growth(5Y)N/A
DP-2506.73%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)3.12%
Min Revenue beat(2)1.59%
Max Revenue beat(2)4.64%
Revenue beat(4)4
Avg Revenue beat(4)4.12%
Min Revenue beat(4)0.37%
Max Revenue beat(4)9.87%
Revenue beat(8)5
Avg Revenue beat(8)1.94%
Revenue beat(12)7
Avg Revenue beat(12)1.03%
Revenue beat(16)11
Avg Revenue beat(16)2.2%
PT rev (1m)-3.28%
PT rev (3m)-4.68%
EPS NQ rev (1m)4.74%
EPS NQ rev (3m)-433.4%
EPS NY rev (1m)-45.83%
EPS NY rev (3m)-55.56%
Revenue NQ rev (1m)2.55%
Revenue NQ rev (3m)2.31%
Revenue NY rev (1m)5.5%
Revenue NY rev (3m)6.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 3.82 | ||
| P/FCF | N/A | ||
| P/OCF | 8.37 | ||
| P/B | 0.94 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 13.69 |
EPS(TTM)-0.05
EYN/A
EPS(NY)-0.08
Fwd EYN/A
FCF(TTM)-5.17
FCFYN/A
OCF(TTM)1.82
OCFY11.95%
SpS3.98
BVpS16.23
TBVpS13.18
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.11% | ||
| ROE | -0.3% | ||
| ROCE | 2.35% | ||
| ROIC | 1.85% | ||
| ROICexc | 1.87% | ||
| ROICexgc | 2.03% | ||
| OM | 25.59% | ||
| PM (TTM) | N/A | ||
| GM | 86.15% | ||
| FCFM | N/A |
ROA(3y)2.01%
ROA(5y)1.68%
ROE(3y)4.45%
ROE(5y)3.84%
ROIC(3y)1.35%
ROIC(5y)1.12%
ROICexc(3y)1.36%
ROICexc(5y)1.14%
ROICexgc(3y)1.53%
ROICexgc(5y)1.29%
ROCE(3y)1.71%
ROCE(5y)1.42%
ROICexcg growth 3Y21.28%
ROICexcg growth 5Y-4.5%
ROICexc growth 3Y22.94%
ROICexc growth 5Y-3.12%
OM growth 3Y8.89%
OM growth 5Y-3.06%
PM growth 3Y-50.72%
PM growth 5Y-31.96%
GM growth 3Y-0.9%
GM growth 5Y0.21%
F-Score4
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.54 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.59 | ||
| Cap/Depr | 368.1% | ||
| Cap/Sales | 175.57% | ||
| Interest Coverage | 1.1 | ||
| Cash Conversion | 62.34% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 0.42 |
F-Score4
WACC6.46%
ROIC/WACC0.29
Cap/Depr(3y)473.98%
Cap/Depr(5y)803.52%
Cap/Sales(3y)248.74%
Cap/Sales(5y)420.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-25%
EPS 3Y-8.04%
EPS 5Y-18.88%
EPS Q2Q%-1300%
EPS Next Y-227.5%
EPS Next 2Y-59.58%
EPS Next 3Y-33.9%
EPS Next 5Y-27.61%
Revenue 1Y (TTM)17.14%
Revenue growth 3Y20.12%
Revenue growth 5Y31.6%
Sales Q2Q%19%
Revenue Next Year14.43%
Revenue Next 2Y7.04%
Revenue Next 3Y2.45%
Revenue Next 5Y5.72%
EBIT growth 1Y64.01%
EBIT growth 3Y30.81%
EBIT growth 5Y27.57%
EBIT Next Year220.35%
EBIT Next 3Y50.12%
EBIT Next 5Y31.66%
FCF growth 1Y36.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y2.64%
OCF growth 3Y14.19%
OCF growth 5Y23.51%