Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$35.35|
|52 Week High||US$27.95|
|52 Week Low||US$38.58|
|1 Month Change||-1.06%|
|3 Month Change||-3.15%|
|1 Year Change||14.33%|
|3 Year Change||5.78%|
|5 Year Change||33.85%|
|Change since IPO||20.86%|
Recent News & Updates
Small And MicroCap Newsletter: Alico Is Under-Valued With Strong Capital Allocation Underway
In this week's newsletter, we look at an undervalued citrus producer. We also review the uranium holding companies after the recent rise in spot uranium pricing. Finally, we look at two gold producers who have been sold off in recent weeks.
Alico Unlocks The Value Of Its Ranch Land Fueling Impressive Dividend Growth
Alico is the top grower for Tropicana. Recent plantings should lead to nice market share growth. It trades at just over half the value of its land.
Alico: Overlooked Citrus Producer Trading At 11x PE, Yielding 5.5%, All While Trading At A Discount To Its Land Assets
Alico is one of the largest citrus producers in the US, but it trades at a 22% discount on its land assets (at least). On top of that, it operates a profitable business that trades at 11x PE and yields 5.5%. Management has been selling off non-core ranch assets and recycling the proceeds into citrus groves, paying down debt, buying back stock, increasing dividends.
|ALCO||US Food||US Market|
Return vs Industry: ALCO exceeded the US Food industry which returned 7.8% over the past year.
Return vs Market: ALCO underperformed the US Market which returned 31.1% over the past year.
Stable Share Price: ALCO is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ALCO's weekly volatility (2%) has been stable over the past year.
About the Company
Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Land Management and Other Operations. The Alico Citrus segment cultivates citrus trees to produce citrus for delivery to the processed and fresh citrus markets.
Alico Fundamentals Summary
|ALCO fundamental statistics|
Is ALCO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ALCO income statement (TTM)|
|Cost of Revenue||US$85.23m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||7.05|
|Net Profit Margin||48.47%|
How did ALCO perform over the long term?See historical performance and comparison
5.7%Current Dividend Yield
Is Alico undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ALCO ($35.35) is trading below our estimate of fair value ($57.08)
Significantly Below Fair Value: ALCO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ALCO is good value based on its PE Ratio (5x) compared to the US Food industry average (23.2x).
PE vs Market: ALCO is good value based on its PE Ratio (5x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: ALCO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ALCO is good value based on its PB Ratio (1.1x) compared to the US Food industry average (2.3x).
How is Alico forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALCO's earnings are forecast to decline over the next 3 years (-52.8% per year).
Earnings vs Market: ALCO's earnings are forecast to decline over the next 3 years (-52.8% per year).
High Growth Earnings: ALCO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ALCO's revenue (8.4% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: ALCO's revenue (8.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ALCO's Return on Equity is forecast to be high in 3 years time
How has Alico performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALCO has a high level of non-cash earnings.
Growing Profit Margin: ALCO's current net profit margins (48.5%) are higher than last year (25.8%).
Past Earnings Growth Analysis
Earnings Trend: ALCO's earnings have grown significantly by 47% per year over the past 5 years.
Accelerating Growth: ALCO's earnings growth over the past year (130.9%) exceeds its 5-year average (47% per year).
Earnings vs Industry: ALCO earnings growth over the past year (130.9%) exceeded the Food industry 28%.
Return on Equity
High ROE: ALCO's Return on Equity (21%) is considered high.
How is Alico's financial position?
Financial Position Analysis
Short Term Liabilities: ALCO's short term assets ($71.9M) exceed its short term liabilities ($32.9M).
Long Term Liabilities: ALCO's short term assets ($71.9M) do not cover its long term liabilities ($162.1M).
Debt to Equity History and Analysis
Debt Level: ALCO's debt to equity ratio (51.7%) is considered high.
Reducing Debt: ALCO's debt to equity ratio has reduced from 109.9% to 51.7% over the past 5 years.
Debt Coverage: ALCO's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: ALCO's interest payments on its debt are well covered by EBIT (3.2x coverage).
What is Alico current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ALCO's dividend (5.66%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: ALCO's dividend (5.66%) is in the top 25% of dividend payers in the US market (3.49%)
Stability and Growth of Payments
Stable Dividend: ALCO's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALCO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13.4%), ALCO's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Kiernan (53 yo)
Mr. John E. Kiernan serves as President and Chief Executive Officer of Alico, Inc., since July 01, 2019 and serves as its Director since February 27, 2020. Mr. Kiernan served as an Executive Vice President...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD625.41K) is below average for companies of similar size in the US market ($USD1.08M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Experienced Management: ALCO's management team is considered experienced (3.9 years average tenure).
Experienced Board: ALCO's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Alico, Inc.'s employee growth, exchange listings and data sources
- Name: Alico, Inc.
- Ticker: ALCO
- Exchange: NasdaqGS
- Founded: 1960
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: US$266.044m
- Shares outstanding: 7.53m
- Website: https://www.alicoinc.com
Number of Employees
- Alico, Inc.
- 10070 Daniels Interstate Court
- Suite 100
- Fort Myers
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 22:55|
|End of Day Share Price||2021/10/22 00:00|
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.