ALPINE INCOME PROPERTY TRUST (PINE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PINE - US02083X1037 - REIT
17.51 USD
+0.18 (+1.04%)
17.29 USD
-0.22 (-1.26%)
We assign a fundamental rating of 3 out of 10 to PINE. PINE was compared to 128 industry peers in the Diversified REITs industry. While PINE is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, PINE is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year PINE has reported negative net income.
In the past year PINE had a positive cash flow from operations.
Each year in the past 5 years PINE has been profitable.
In the past 5 years PINE always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of PINE (-0.82%) is worse than 63.28% of its industry peers.
PINE has a worse Return On Equity (-2.28%) than 62.50% of its industry peers.
The Return On Invested Capital of PINE (1.98%) is worse than 66.41% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PINE is in line with the industry average of 3.06%.
The last Return On Invested Capital (1.98%) for PINE is above the 3 year average (1.35%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.82% | ||
| ROE | -2.28% | ||
| ROIC | 1.98% |
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
PINE's Profit Margin has declined in the last couple of years.
PINE's Operating Margin of 26.72% is in line compared to the rest of the industry. PINE outperforms 58.59% of its industry peers.
PINE's Operating Margin has declined in the last couple of years.
The Gross Margin of PINE (86.32%) is better than 86.72% 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 | 26.72% | ||
| PM (TTM) | N/A | ||
| GM | 86.32% |
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.
The number of shares outstanding for PINE has been increased compared to 1 year ago.
PINE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for PINE is higher compared to a year ago.
2.2 Solvency
PINE has an Altman-Z score of 0.47. This is a bad value and indicates that PINE is not financially healthy and even has some risk of bankruptcy.
PINE has a Altman-Z score of 0.47. This is comparable to the rest of the industry: PINE outperforms 48.44% of its industry peers.
A Debt/Equity ratio of 1.60 is on the high side and indicates that PINE has dependencies on debt financing.
With a Debt to Equity ratio value of 1.60, PINE is not doing good in the industry: 60.16% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.47 |
ROIC/WACC0.32
WACC6.21%
2.3 Liquidity
A Current Ratio of 0.61 indicates that PINE may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.61, PINE is doing worse than 75.78% of the companies in the same industry.
A Quick Ratio of 0.61 indicates that PINE may have some problems paying its short term obligations.
PINE has a Quick ratio of 0.61. This is in the lower half of the industry: PINE underperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The earnings per share for PINE have decreased strongly by -259.09% in the last year.
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 14.81%.
Measured over the past years, PINE shows a very strong growth in Revenue. The Revenue has been growing by 31.60% on average per year.
EPS 1Y (TTM)-259.09%
EPS 3Y-8.04%
EPS 5Y-18.88%
EPS Q2Q%-142.86%
Revenue 1Y (TTM)14.81%
Revenue growth 3Y20.12%
Revenue growth 5Y31.6%
Sales Q2Q%8.03%
3.2 Future
Based on estimates for the next years, PINE will show a very negative growth in Earnings Per Share. The EPS will decrease by -27.61% on average per year.
The Revenue is expected to grow by 4.44% on average over the next years.
EPS Next Y-233.57%
EPS Next 2Y50.29%
EPS Next 3Y18.78%
EPS Next 5Y-27.61%
Revenue Next Year13.97%
Revenue Next 2Y7.35%
Revenue Next 3Y3.75%
Revenue Next 5Y4.44%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
The Price/Earnings Ratio is negative for PINE. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 55.38 indicates a quite expensive valuation of PINE.
PINE's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.10, PINE is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 55.38 |
4.2 Price Multiples
PINE's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.18 |
4.3 Compensation for Growth
PINE's earnings are expected to grow with 18.78% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y50.29%
EPS Next 3Y18.78%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.58%, PINE is a good candidate for dividend investing.
PINE's Dividend Yield is a higher than the industry average which is at 6.34.
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 | 6.58% |
5.2 History
PINE has been paying a dividend for over 5 years, so it has already some track record.
As PINE did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)N/A
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
The earnings of PINE are negative and hence is the payout ratio. PINE will probably not be able to sustain this dividend level.
DP-348.19%
EPS Next 2Y50.29%
EPS Next 3Y18.78%
17.51
+0.18 (+1.04%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners65.08%
Inst Owner Change-3.74%
Ins Owners0.95%
Ins Owner Change2.13%
Market Cap247.94M
Revenue(TTM)57.42M
Net Income(TTM)-5.09M
Analysts83.53
Price Target17.65 (0.8%)
Short Float %1.23%
Short Ratio1.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.58% |
Yearly Dividend1.18
Dividend Growth(5Y)N/A
DP-348.19%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-460.22%
Min EPS beat(2)-530.25%
Max EPS beat(2)-390.2%
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)1
Avg Revenue beat(2)2.05%
Min Revenue beat(2)-0.55%
Max Revenue beat(2)4.64%
Revenue beat(4)3
Avg Revenue beat(4)1.51%
Min Revenue beat(4)-0.55%
Max Revenue beat(4)4.64%
Revenue beat(8)5
Avg Revenue beat(8)2.26%
Revenue beat(12)6
Avg Revenue beat(12)0.46%
Revenue beat(16)10
Avg Revenue beat(16)1.26%
PT rev (1m)0%
PT rev (3m)-2.66%
EPS NQ rev (1m)254.17%
EPS NQ rev (3m)1162.5%
EPS NY rev (1m)5.5%
EPS NY rev (3m)-4.76%
Revenue NQ rev (1m)-1.15%
Revenue NQ rev (3m)-0.63%
Revenue NY rev (1m)-0.28%
Revenue NY rev (3m)-0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 55.38 | ||
| P/S | 4.32 | ||
| P/FCF | N/A | ||
| P/OCF | 8.77 | ||
| P/B | 1.11 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 14.18 |
EPS(TTM)-0.35
EYN/A
EPS(NY)0.32
Fwd EY1.81%
FCF(TTM)-6.44
FCFYN/A
OCF(TTM)2
OCFY11.4%
SpS4.06
BVpS15.79
TBVpS12.83
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.82% | ||
| ROE | -2.28% | ||
| ROCE | 2.5% | ||
| ROIC | 1.98% | ||
| ROICexc | 1.98% | ||
| ROICexgc | 2.14% | ||
| OM | 26.72% | ||
| PM (TTM) | N/A | ||
| GM | 86.32% | ||
| 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%
ROICexgc growth 3Y21.28%
ROICexgc 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-Score5
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.43 | ||
| Cap/Depr | 440.54% | ||
| Cap/Sales | 208.13% | ||
| Interest Coverage | 1.1 | ||
| Cash Conversion | 66.53% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 0.47 |
F-Score5
WACC6.21%
ROIC/WACC0.32
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)-259.09%
EPS 3Y-8.04%
EPS 5Y-18.88%
EPS Q2Q%-142.86%
EPS Next Y-233.57%
EPS Next 2Y50.29%
EPS Next 3Y18.78%
EPS Next 5Y-27.61%
Revenue 1Y (TTM)14.81%
Revenue growth 3Y20.12%
Revenue growth 5Y31.6%
Sales Q2Q%8.03%
Revenue Next Year13.97%
Revenue Next 2Y7.35%
Revenue Next 3Y3.75%
Revenue Next 5Y4.44%
EBIT growth 1Y44.92%
EBIT growth 3Y30.81%
EBIT growth 5Y27.57%
EBIT Next Year215.95%
EBIT Next 3Y48.24%
EBIT Next 5Y34.35%
FCF growth 1Y6.52%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9.61%
OCF growth 3Y14.19%
OCF growth 5Y23.51%
ALPINE INCOME PROPERTY TRUST / PINE FAQ
What is the fundamental rating for PINE stock?
ChartMill assigns a fundamental rating of 3 / 10 to PINE.
What is the valuation status for PINE stock?
ChartMill assigns a valuation rating of 1 / 10 to ALPINE INCOME PROPERTY TRUST (PINE). This can be considered as Overvalued.
How profitable is ALPINE INCOME PROPERTY TRUST (PINE) stock?
ALPINE INCOME PROPERTY TRUST (PINE) has a profitability rating of 4 / 10.
Can you provide the financial health for PINE stock?
The financial health rating of ALPINE INCOME PROPERTY TRUST (PINE) is 0 / 10.