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ALCO

Alico NasdaqGS:ALCO Stock Report

Last Price

US$30.74

Market Cap

US$233.2m

7D

-4.8%

1Y

-11.2%

Updated

27 Sep, 2022

Data

Company Financials +
ALCO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance1/6
Financial Health3/6
Dividends4/6

ALCO Stock 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$30.74
52 Week HighUS$43.65
52 Week LowUS$30.14
Beta0.60
1 Month Change-9.54%
3 Month Change-11.87%
1 Year Change-11.18%
3 Year Change-9.51%
5 Year Change-10.90%
Change since IPO5.09%

Recent News & Updates

Sep 28

Alico declares goes ex-dividend tomorrow

Alico (NASDAQ:ALCO) had declared $0.50/share quarterly dividend, in line with previous. Payable Oct. 14; for shareholders of record Sept. 30; ex-div Sept. 29. See ALCO Dividend Scorecard, Yield Chart, & Dividend Growth.

Sep 18
Alico (NASDAQ:ALCO) Is Paying Out A Dividend Of $0.50

Alico (NASDAQ:ALCO) Is Paying Out A Dividend Of $0.50

The board of Alico, Inc. ( NASDAQ:ALCO ) has announced that it will pay a dividend of $0.50 per share on the 14th of...

Sep 06

Perry Del Vecchio is the new finance chief of Alico

Alico (NASDAQ:ALCO) appoints Perry G. Del Vecchio as the company’s CFO, effective as of September 6, 2022. most recently he served as a Vice President and the Controller for Lexyl Travel Technologies in West Palm Beach, Florida.

Shareholder Returns

ALCOUS FoodUS Market
7D-4.8%-2.7%-5.8%
1Y-11.2%0.1%-22.1%

Return vs Industry: ALCO underperformed the US Food industry which returned 0.6% over the past year.

Return vs Market: ALCO exceeded the US Market which returned -23.7% over the past year.

Price Volatility

Is ALCO's price volatile compared to industry and market?
ALCO volatility
ALCO Average Weekly Movement4.4%
Food Industry Average Movement5.7%
Market Average Movement6.9%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: ALCO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ALCO's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1960222John 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$233.22m
Earnings (TTM)US$32.57m
Revenue (TTM)US$94.92m

7.2x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALCO income statement (TTM)
RevenueUS$94.92m
Cost of RevenueUS$88.04m
Gross ProfitUS$6.88m
Other Expenses-US$25.69m
EarningsUS$32.57m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)4.29
Gross Margin7.25%
Net Profit Margin34.31%
Debt/Equity Ratio39.4%

How did ALCO perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

46%

Payout Ratio

Does ALCO pay a reliable dividends?

See ALCO dividend history and benchmarks
When do you need to buy ALCO by to receive an upcoming dividend?
Alico dividend dates
Ex Dividend DateSep 29 2022
Dividend Pay DateOct 14 2022
Days until Ex dividend0 days
Days until Dividend pay date15 days

Does ALCO pay a reliable dividends?

See ALCO dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is ALCO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ALCO?

Other financial metrics that can be useful for relative valuation.

ALCO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.6x
Enterprise Value/EBITDA28.3x
PEG Ratio-0.07x

Price to Earnings Ratio vs Peers

How does ALCO's PE Ratio compare to its peers?

ALCO PE Ratio vs Peers
The above table shows the PE ratio for ALCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14.9x
FDP Fresh Del Monte Produce
31.1x65.3%US$1.1b
GGRO.U Golden Growers Cooperative
9.5xn/aUS$71.3m
MRGO Margo Caribe
7xn/aUS$30.6m
INGR Ingredion
11.9x10.8%US$5.4b
ALCO Alico
7.2x-97.1%US$233.2m

Price-To-Earnings vs Peers: ALCO is good value based on its Price-To-Earnings Ratio (7.2x) compared to the peer average (14.9x).


Price to Earnings Ratio vs Industry

How does ALCO's PE Ratio compare vs other companies in the US Food Industry?

Price-To-Earnings vs Industry: ALCO is good value based on its Price-To-Earnings Ratio (7.2x) compared to the US Food industry average (18.7x)


Price to Earnings Ratio vs Fair Ratio

What is ALCO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ALCO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.2x
Fair PE Ratio2.5x

Price-To-Earnings vs Fair Ratio: ALCO is expensive based on its Price-To-Earnings Ratio (7.2x) compared to the estimated Fair Price-To-Earnings Ratio (2.5x).


Share Price vs Fair Value

What is the Fair Price of ALCO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ALCO ($30.74) is trading below our estimate of fair value ($58.96)

Significantly Below Fair Value: ALCO is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-97.1%

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 (-97.1% per year).

Earnings vs Market: ALCO's earnings are forecast to decline over the next 3 years (-97.1% per year).

High Growth Earnings: ALCO's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ALCO's revenue (9% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: ALCO's revenue (9% 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


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Past Performance

How has Alico performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


43.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ALCO has a large one-off gain of $43.2M impacting its June 30 2022 financial results.

Growing Profit Margin: ALCO's current net profit margins (34.3%) are lower than last year (48.5%).


Past Earnings Growth Analysis

Earnings Trend: ALCO's earnings have grown significantly by 43.1% per year over the past 5 years.

Accelerating Growth: ALCO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ALCO had negative earnings growth (-38.6%) over the past year, making it difficult to compare to the Food industry average (0.3%).


Return on Equity

High ROE: ALCO's Return on Equity (11.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Alico's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ALCO's short term assets ($52.3M) exceed its short term liabilities ($21.2M).

Long Term Liabilities: ALCO's short term assets ($52.3M) do not cover its long term liabilities ($141.4M).


Debt to Equity History and Analysis

Debt Level: ALCO's net debt to equity ratio (36.8%) is considered satisfactory.

Reducing Debt: ALCO's debt to equity ratio has reduced from 101% to 39.4% over the past 5 years.

Debt Coverage: ALCO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if ALCO's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


6.51%

Current Dividend Yield

Dividend Yield vs Market

Alico Dividend Yield vs Market
How does Alico dividend yield compare to the market?
SegmentDividend Yield
Company (Alico)6.5%
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Food)2.7%
Analyst forecast in 3 Years (Alico)n/a

Notable Dividend: ALCO's dividend (6.51%) is higher than the bottom 25% of dividend payers in the US market (1.67%).

High Dividend: ALCO's dividend (6.51%) is in the top 25% of dividend payers in the US market (4.68%)


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.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (46.3%), ALCO's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: ALCO is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

2.0yrs

Average management tenure


CEO

John Kiernan (54 yo)

2.58yrs

Tenure

US$796,127

Compensation

Mr. John E. Kiernan is an Independent Director of Codorus Valley Bancorp, Inc. since April 12, 2022. He serves as President and Chief Executive Officer of Alico, Inc., since July 01, 2019 and serves as its...


CEO Compensation Analysis

John Kiernan's Compensation vs Alico Earnings
How has John Kiernan's remuneration changed compared to Alico's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

US$33m

Mar 31 2022n/an/a

US$57m

Dec 31 2021n/an/a

US$41m

Sep 30 2021US$796kUS$360k

US$35m

Jun 30 2021n/an/a

US$53m

Mar 31 2021n/an/a

US$28m

Dec 31 2020n/an/a

US$27m

Sep 30 2020US$625kUS$360k

US$24m

Jun 30 2020n/an/a

US$23m

Mar 31 2020n/an/a

US$37m

Dec 31 2019n/an/a

US$41m

Sep 30 2019US$1mUS$360k

US$38m

Jun 30 2019n/an/a

US$22m

Mar 31 2019n/an/a

US$15m

Dec 31 2018n/an/a

US$2m

Sep 30 2018US$2mUS$360k

US$13m

Jun 30 2018n/an/a

-US$7m

Mar 31 2018n/an/a

-US$10m

Dec 31 2017n/an/a

US$1m

Sep 30 2017US$583kUS$360k

-US$9m

Jun 30 2017n/an/a

US$6m

Mar 31 2017n/an/a

US$5m

Dec 31 2016n/an/a

US$8m

Sep 30 2016US$519kUS$325k

US$7m

Jun 30 2016n/an/a

US$5m

Mar 31 2016n/an/a

US$10m

Dec 31 2015n/an/a

US$5m

Sep 30 2015US$171kUS$106k

US$13m

Compensation vs Market: John's total compensation ($USD796.13K) is below average for companies of similar size in the US market ($USD1.68M).

Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: ALCO's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: ALCO's board of directors are considered experienced (8.8 years average tenure).


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

NasdaqGS:ALCO Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
07 Feb 22SellUS$3,886,626Arlon Valencia Holdings LLCCompany111,269US$34.93
26 Jan 22SellUS$7,089,809Arlon Valencia Holdings LLCCompany197,708US$35.86
13 Oct 21SellUS$18,389Arlon Valencia Holdings LLCCompany533US$34.50
08 Oct 21SellUS$242,693Arlon Valencia Holdings LLCCompany7,008US$34.72
04 Oct 21SellUS$58,419Arlon Valencia Holdings LLCCompany1,692US$34.60
29 Sep 21SellUS$734,956Arlon Valencia Holdings LLCCompany21,217US$34.68

Ownership Breakdown

What is the ownership structure of ALCO?
Owner TypeNumber of SharesOwnership Percentage
Private Companies363,2924.8%
General Public1,134,06614.9%
Individual Insiders2,426,27632.0%
Institutions3,663,36148.3%

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


Top Shareholders

Top 25 shareholders own 67.4% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
7.75%
Remy Trafelet
588,283$18.1m0%no data
6.78%
Brian Higgins
514,287$15.8m0%no data
5.34%
Clayton Wilson
405,052$12.5m0%no data
5.3%
Dimensional Fund Advisors LP
401,925$12.4m13.91%no data
5.11%
BlackRock, Inc.
387,949$11.9m192.36%no data
4.79%
Arlon Valencia Holdings LLC
363,292$11.2m0%no data
3.82%
Thomas Satterfield
289,610$8.9m0%no data
3.42%
George Brokaw
259,494$8.0m0.2%no data
2.78%
The Vanguard Group, Inc.
210,575$6.5m-22.32%no data
2.57%
Pacific Ridge Capital Partners, LLC
195,029$6.0m-4.24%1.5%
2.31%
CM Management, LLC
175,000$5.4m-2.78%5.9%
2.15%
Trafelet Capital Management, L.P.
162,785$5.0m0%100%
2.05%
Henry Slack
155,570$4.8m0.34%no data
1.95%
Uniplan Investment Counsel, Inc.
148,017$4.6m3.94%0.35%
1.68%
Oak Family Advisors, LLC
127,717$3.9m0.97%2.44%
1.3%
Geode Capital Management, LLC
98,373$3.0m119.91%no data
1.25%
BNY Mellon Asset Management
95,058$2.9m20.67%no data
1.04%
Northern Trust Global Investments
78,532$2.4m112%no data
0.96%
W. Krusen
72,933$2.2m0.82%no data
0.94%
Renaissance Technologies LLC
71,561$2.2m99.86%no data
0.89%
Naples Global Advisors, LLC
67,675$2.1m9.95%0.28%
0.83%
State Street Global Advisors, Inc.
63,293$1.9m263.79%no data
0.81%
Bridgeway Capital Management, LLC
61,211$1.9m-9.67%0.04%
0.8%
Boothbay Fund Management, LLC
60,749$1.9m-14.87%0.08%
0.79%
Monaco Asset Management
59,623$1.8m0%0.86%

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
  • Implied Market Cap: US$233.224m
  • Shares outstanding: 7.59m
  • Website: https://www.alicoinc.com

Number of Employees


Location

  • Alico, Inc.
  • 10070 Daniels Interstate Court
  • Suite 200
  • Fort Myers
  • Florida
  • 33913
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALCONasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 1969

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/27 00:00
End of Day Share Price2022/09/27 00:00
Earnings2022/06/30
Annual Earnings2021/09/30


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.