NYSE:FTAI

Stock Analysis Report

Fortress Transportation and Infrastructure Investors

Executive Summary

Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people in Africa, Asia, Europe, North America, and South America.

Snowflake

Fundamentals

High growth potential and fair value.

Share Price & News

How has Fortress Transportation and Infrastructure Investors's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

6.3%

FTAI

2.2%

US Trade Distributors

0.5%

US Market


1 Year Return

-8.0%

FTAI

9.0%

US Trade Distributors

6.8%

US Market

Return vs Industry: FTAI underperformed the US Trade Distributors industry which returned 9% over the past year.

Return vs Market: FTAI underperformed the US Market which returned 6.8% over the past year.


Shareholder returns

FTAIIndustryMarket
7 Day6.3%2.2%0.5%
30 Day0.06%3.3%-0.8%
90 Day7.4%7.4%-0.9%
1 Year-0.01%-8.0%11.0%9.0%9.2%6.8%
3 Year73.1%35.4%44.7%38.6%45.6%36.2%
5 Yearn/a31.5%22.1%63.2%45.4%

Price Volatility Vs. Market

How volatile is Fortress Transportation and Infrastructure Investors's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Fortress Transportation and Infrastructure Investors undervalued compared to its fair value and its price relative to the market?

2.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FTAI ($16.11) is trading below our estimate of fair value ($16.5)

Significantly Below Fair Value: FTAI is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: FTAI is poor value based on its PE Ratio (70.4x) compared to the Trade Distributors industry average (16.5x).

PE vs Market: FTAI is poor value based on its PE Ratio (70.4x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: FTAI is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: FTAI is good value based on its PB Ratio (1.4x) compared to the US Trade Distributors industry average (1.5x).


Next Steps

Future Growth

How is Fortress Transportation and Infrastructure Investors forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

79.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FTAI's forecast earnings growth (79.5% per year) is above the savings rate (2.7%).

Earnings vs Market: FTAI's earnings (79.5% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FTAI's revenue (29.9% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: FTAI's revenue (29.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if FTAI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Fortress Transportation and Infrastructure Investors performed over the past 5 years?

8.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: FTAI's earnings have grown by 8.3% per year over the past 5 years.

Accelerating Growth: FTAI's earnings growth over the past year (211.8%) exceeds its 5-year average (8.3% per year).

Earnings vs Industry: FTAI earnings growth over the past year (211.8%) exceeded the Trade Distributors industry 0.9%.


Return on Equity

High ROE: FTAI's Return on Equity (0.6%) is considered low.


Return on Assets

ROA vs Industry: FTAI's Return on Assets is below or equal to the Trade Distributors industry average last year.


Return on Capital Employed

ROCE Improving: FTAI's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Fortress Transportation and Infrastructure Investors's financial position?


Financial Position Analysis

Short Term Liabilities: FTAI's short term assets ($407.0M) do not cover its short term liabilities ($553.0M)

Long Term Liabilities: FTAI's short term assets (407.0M) do not cover its long term liabilities (1.5B)


Debt to Equity History and Analysis

Debt Level: FTAI's debt to equity ratio (157.1%) is considered high

Reducing Debt: FTAI's debt to equity ratio has increased from 20.5% to 157.1% over the past 5 years.

Debt Coverage: FTAI's debt is not well covered by operating cash flow (8.1%).

Interest Coverage: FTAI's interest payments on its debt are not well covered by EBIT (0.8x coverage).


Balance Sheet

Inventory Level: FTAI has a high level of physical assets or inventory.

Debt Coverage by Assets: FTAI's debt is not covered by short term assets (assets are 0.2x debt).


Next Steps

Dividend

What is Fortress Transportation and Infrastructure Investors's current dividend yield, its reliability and sustainability?

8.19%

Current Dividend Yield


Dividend Yield vs Market

company8.2%marketbottom25%1.4%markettop25%3.7%industryaverage2.7%forecastin3Years8.7%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: FTAI's dividend (8.19%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: FTAI's dividend (8.19%) is in the top 25% of dividend payers in the US market (3.73%)

Stable Dividend: Whilst dividend payments have been stable, FTAI has been paying a dividend for less than 10 years.

Growing Dividend: FTAI has only been paying a dividend for 4 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (576.6%), FTAI's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Fortress Transportation and Infrastructure Investors's salary, the management and board of directors tenure and is there insider trading?

3.4yrs

Average management tenure


CEO

Joe Adams (61yo)

4.4yrs

Tenure

0

Mr. Joseph P. Adams, Jr., also known as Joe, has been the Chief Executive Officer and Chairman of Fortress Transportation and Infrastructure Investors LLC since May 2015 and May 2016 respectively and has b ...


Management Age and Tenure

3.4yrs

Average Tenure

53.5yo

Average Age

Experienced Management: FTAI's management team is considered experienced (3.4 years average tenure).


Board Age and Tenure

3.4yrs

Average Tenure

67yo

Average Age

Experienced Board: FTAI's board of directors are considered experienced (3.4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Alan Andreini (72yo)

    Investor Relations

    • Tenure: 0yrs
  • Joe Adams (61yo)

    Chairman & CEO

    • Tenure: 4.4yrs
  • Scott Christopher (46yo)

    Chief Financial Officer

    • Tenure: 3.4yrs
    • Compensation: US$808.50k
  • Eun Nam (37yo)

    Chief Accounting Officer

    • Tenure: 1.8yrs
  • Kevin Krieger

    Secretary

    • Tenure: 0yrs

Board Members

  • Judith Hannaway (67yo)

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: US$150.00k
  • Paul Goodwin (76yo)

    Independent Director

    • Tenure: 4.4yrs
    • Compensation: US$160.00k
  • Martin Tuchman (78yo)

    Independent Director

    • Tenure: 4.4yrs
    • Compensation: US$150.00k
  • Ray Robinson (71yo)

    Independent Director

    • Tenure: 4.4yrs
    • Compensation: US$150.00k
  • Andy Levison (63yo)

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: US$150.00k
  • Joe Adams (61yo)

    Chairman & CEO

    • Tenure: 4.4yrs
  • Kenneth Nicholson (48yo)

    Director

    • Tenure: 3.4yrs

Company Information

Fortress Transportation and Infrastructure Investors LLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fortress Transportation and Infrastructure Investors LLC
  • Ticker: FTAI
  • Exchange: NYSE
  • Founded: 2011
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: US$1.368b
  • Shares outstanding: 84.90m
  • Website: https://www.ftandi.com

Location

  • Fortress Transportation and Infrastructure Investors LLC
  • 1345 Avenue of the Americas
  • 45th Floor
  • New York
  • New York
  • 10105
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FTAINYSE (New York Stock Exchange)YesCommon SharesUSUSDMay 2015
2FTDB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2015
FTAI.PRANYSE (New York Stock Exchange)8.25 CUM PFD AUSUSDSep 2019

Biography

Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people in Africa, Asia, Europe, North America, and South  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 00:39
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.