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ALCO

AlicoNasdaqGS:ALCO Stock Report

Market Cap

US$266.0m

7D

2.7%

1Y

14.3%

Updated

22 Oct, 2021

Data

Company Financials +
ALCO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends4/6

ALCO Overview

Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States.

Alico Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Alico
Historical stock prices
Current Share PriceUS$35.35
52 Week HighUS$27.95
52 Week LowUS$38.58
Beta0.53
1 Month Change-1.06%
3 Month Change-3.15%
1 Year Change14.33%
3 Year Change5.78%
5 Year Change33.85%
Change since IPO20.86%

Recent News & Updates

Oct 18

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.

Oct 05

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.

Jul 22

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.

Shareholder Returns

ALCOUS FoodUS Market
7D2.7%-0.4%2.6%
1Y14.3%7.8%31.1%

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.

Price Volatility

Is ALCO's price volatile compared to industry and market?
ALCO volatility
ALCO Beta0.53
Industry Beta0.71
Market Beta1

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

FoundedEmployeesCEOWebsite
1960251John Kiernanhttps://www.alicoinc.com

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

How do Alico's earnings and revenue compare to its market cap?
ALCO fundamental statistics
Market CapUS$266.04m
Earnings (TTM)US$53.04m
Revenue (TTM)US$109.43m

5.0x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALCO income statement (TTM)
RevenueUS$109.43m
Cost of RevenueUS$85.23m
Gross ProfitUS$24.20m
Expenses-US$28.84m
EarningsUS$53.04m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)7.05
Gross Margin22.11%
Net Profit Margin48.47%
Debt/Equity Ratio51.7%

How did ALCO perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

13%

Payout Ratio

Valuation

Is Alico undervalued compared to its fair value and its price relative to the market?

38.1%

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).


Future Growth

How is Alico forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-52.8%

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


Past Performance

How has Alico performed over the past 5 years?

47.0%

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.


Financial Health

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).


Balance Sheet


Dividend

What is Alico current dividend yield, its reliability and sustainability?

5.66%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average management tenure


CEO

John Kiernan (53 yo)

2.25yrs

Tenure

US$625,409

Compensation

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.


Leadership Team

Experienced Management: ALCO's management team is considered experienced (3.9 years average tenure).


Board Members

Experienced Board: ALCO's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Alico, Inc.'s employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Alico, Inc.
  • 10070 Daniels Interstate Court
  • Suite 100
  • Fort Myers
  • Florida
  • 33913
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 22:55
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/09/30


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.