Reported Earnings • Feb 28
Full year 2025 earnings released: EPS: US$0.89 (vs US$0.88 in FY 2024) Full year 2025 results: EPS: US$0.89 (up from US$0.88 in FY 2024). Revenue: US$206.7m (down 14% from FY 2024). Net income: US$64.6m (flat on FY 2024). Profit margin: 31% (up from 27% in FY 2024). Revenue is forecast to stay flat during the next 2 years compared to a 6.4% growth forecast for the REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Declared Dividend • Dec 12
Third quarter dividend increased to US$0.35 Dividend of US$0.35 is 56% higher than last year. Ex-date: 19th December 2025 Payment date: 8th January 2026 Dividend yield will be 4.9%, which is higher than the industry average of 4.4%. New Risk • Dec 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to US$20.85, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 26x in the REITs industry in the US. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$26.84 per share. Reported Earnings • Nov 02
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: FFO per share: US$0.3 (down from US$0.39 in 3Q 2024). Revenue: US$51.8m (down 19% from 3Q 2024). Funds from operations (FFO): US$21.4m (down 24% from 3Q 2024). FFO margin: 41% (down from 44% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 33%. Revenue is expected to decline by 5.7% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 5.1%. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Oct 31
Alexander & Baldwin, Inc. Raises Its Earnings Guidance for 2025 Alexander & Baldwin, Inc. raised its earnings guidance for 2025. For the period, the company expects Net Income (Loss) available to A&B common shareholders per diluted share to be in the range of $0.95 per share to $1 per share compared to previous guidance of $0.91 per share to $0.96 per share. Announcement • Oct 10
Alexander & Baldwin, Inc. to Report Q3, 2025 Results on Oct 30, 2025 Alexander & Baldwin, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025 Announcement • Oct 04
Alexander & Baldwin, Inc. Announces Retirement of Meredith J. Ching, Executive Vice President, External Affairs, Effective December 31, 2025 On September 29, 2025, Meredith J. Ching, Executive Vice President, External Affairs, notified Alexander & Baldwin, Inc. of her decision to retire, effective as of December 31, 2025. Upcoming Dividend • Sep 05
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 12 September 2025. Payment date: 07 October 2025. Trailing yield: 4.6%. Within top quartile of American dividend payers (4.4%). Lower than average of industry peers (5.6%). New Risk • Jul 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risks High level of debt (43% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Declared Dividend • Jul 27
Second quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 12th September 2025 Payment date: 7th October 2025 Dividend yield will be 4.9%, which is higher than the industry average of 4.4%. Reported Earnings • Jul 25
Second quarter 2025 earnings: EPS exceeds analyst expectations Second quarter 2025 results: EPS: US$0.35 (up from US$0.16 in 2Q 2024). Revenue: US$51.7m (flat on 2Q 2024). Net income: US$25.2m (up 114% from 2Q 2024). Profit margin: 49% (up from 23% in 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.4%. Revenue is expected to decline by 6.2% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jul 25
Alexander & Baldwin, Inc. Raises Earnings Guidance for 2025 Alexander & Baldwin, Inc. raised earnings guidance for 2025. For the period, the company expects Net Income (Loss) available to A&B common shareholders per diluted share to be in the range of $0.91 to $0.96 compared to previous guidance of $0.68 to $0.74. Announcement • Jul 24
Alexander & Baldwin, Inc. Announces Third Quarter 2025 Dividend, Payable on October 7, 2025 Alexander & Baldwin, Inc. announced that its Board of Directors approved a third quarter 2025 dividend of $0.225 (twenty-two and ½ cents) per share. The dividend is payable on October 7, 2025, to shareholders of record as of the close of business on September 12, 2025. Announcement • Jul 08
Alexander & Baldwin, Inc. to Report Q2, 2025 Results on Jul 24, 2025 Alexander & Baldwin, Inc. announced that they will report Q2, 2025 results After-Market on Jul 24, 2025 Major Estimate Revision • Jun 26
Consensus EPS estimates increase by 11% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$0.76 to US$0.84. Revenue forecast unchanged at US$206.7m. Net income forecast to shrink 11% next year vs 9.7% decline forecast for REITs industry in the US. Consensus price target of US$21.00 unchanged from last update. Share price was steady at US$17.87 over the past week. Upcoming Dividend • Jun 06
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 13 June 2025. Payment date: 09 July 2025. Trailing yield: 5.0%. Within top quartile of American dividend payers (4.8%). Lower than average of industry peers (5.8%). Declared Dividend • Apr 27
First quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 13th June 2025 Payment date: 9th July 2025 Dividend yield will be 5.5%, which is higher than the industry average of 4.4%. Reported Earnings • Apr 25
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: US$0.29 (up from US$0.28 in 1Q 2024). Revenue: US$53.7m (down 13% from 1Q 2024). Net income: US$21.3m (up 5.2% from 1Q 2024). Profit margin: 40% (up from 33% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 87%. Revenue is expected to decline by 5.8% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 3.7%. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Announcement • Apr 25
Alexander & Baldwin, Inc. Revises Earnings Guidance for the Full Year of 2025 Alexander & Baldwin, Inc. revised earnings guidance for the full year of 2025. For the year, the company expects revised net income available to the company common shareholders per diluted share to be in the range of $0.68 to $0.74 compared to previously expected net income available to the company common shareholders per diluted share to be in the range of $0.64 to $0.71. Announcement • Apr 24
Alexander & Baldwin, Inc. Announces Second Quarter 2025 Dividend, payable on July 9, 2025 Alexander & Baldwin, Inc. announced that its Board of Directors approved a second quarter 2025 dividend of $0.225 (twenty-two and ½ cents) per share. The dividend is payable on July 9, 2025, to shareholders of record as of the close of business on
June 13, 2025. Announcement • Apr 04
Alexander & Baldwin, Inc. to Report Q1, 2025 Results on Apr 24, 2025 Alexander & Baldwin, Inc. announced that they will report Q1, 2025 results After-Market on Apr 24, 2025 Announcement • Mar 12
Alexander & Baldwin, Inc., Annual General Meeting, Apr 22, 2025 Alexander & Baldwin, Inc., Annual General Meeting, Apr 22, 2025. Declared Dividend • Mar 02
Fourth quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 14th March 2025 Payment date: 7th April 2025 Dividend yield will be 4.9%, which is higher than the industry average of 4.4%. Reported Earnings • Feb 28
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: US$0.88 (up from US$0.56 in FY 2023). Revenue: US$236.6m (up 12% from FY 2023). Net income: US$64.0m (up 57% from FY 2023). Profit margin: 27% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 2.5%. Revenue is expected to decline by 6.9% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 4.1%. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year. Announcement • Jan 24
Alexander & Baldwin, Inc. to Report Q4, 2024 Results on Feb 27, 2025 Alexander & Baldwin, Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 27, 2025 Buy Or Sell Opportunity • Dec 18
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.4% to US$17.95. The fair value is estimated to be US$22.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Earnings per share has declined by 6.0%. Revenue is forecast to decline by 11% in a year. Earnings are forecast to decline by 18% in the next year. Declared Dividend • Dec 09
Third quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 20th December 2024 Payment date: 8th January 2025 Dividend yield will be 4.6%, which is about the same as the industry average. Announcement • Dec 06
Alexander & Baldwin, Inc. Announces Dividend for the Fourth Quarter 2024, Payable on January 8, 2025 Alexander & Baldwin, Inc. announced that its Board of Directors approved an increased fourth quarter 2024 dividend of $0.225 per share from $0.2225 per share in the previous quarter. The dividend is payable on January 8, 2025, to shareholders of record as of the close of business on December 20, 2024. Announcement • Oct 26
Alexander & Baldwin, Inc. Revises Earnings Guidance for the Full Year 2024 Alexander & Baldwin, Inc. revised earnings guidance for the full year 2024. For the period, the company expects Net Income available to A&B common shareholders per diluted share to be in the range of $0.74 to $0.82 compared to previous guidance of $0.64 to $0.73. Reported Earnings • Oct 25
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: US$0.27 (up from US$0.17 in 3Q 2023). Revenue: US$61.9m (up 16% from 3Q 2023). Net income: US$19.3m (up 61% from 3Q 2023). Profit margin: 31% (up from 22% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is expected to decline by 8.5% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 3.9%. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 9% per year. Announcement • Oct 08
Alexander & Baldwin, Inc. to Report Q3, 2024 Results on Oct 24, 2024 Alexander & Baldwin, Inc. announced that they will report Q3, 2024 results After-Market on Oct 24, 2024 Upcoming Dividend • Sep 13
Upcoming dividend of US$0.22 per share Eligible shareholders must have bought the stock before 20 September 2024. Payment date: 07 October 2024. Trailing yield: 4.5%. Within top quartile of American dividend payers (4.4%). Lower than average of industry peers (5.2%). Announcement • Sep 11
Alexander & Baldwin, Inc. Announces Resignation of Jeffrey W. Pauker as Executive Vice President and Chief Investment Officer, Effective October 25, 2024 On September 4, 2024, Jeffrey W. Pauker tendered his resignation as Executive Vice President and Chief Investment Officer of Alexander & Baldwin, Inc., to be effective as of October 25, 2024. Announcement • Aug 15
Alexander & Baldwin, Inc. has filed a Follow-on Equity Offering in the amount of $200 million. Alexander & Baldwin, Inc. has filed a Follow-on Equity Offering in the amount of $200 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Price Target Changed • Jul 28
Price target increased by 8.9% to US$20.33 Up from US$18.67, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of US$19.51. Stock is up 2.7% over the past year. The company is forecast to post earnings per share of US$0.76 for next year compared to US$0.56 last year. Declared Dividend • Jul 28
Second quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 20th September 2024 Payment date: 7th October 2024 Dividend yield will be 4.6%, which is about the same as the industry average. Reported Earnings • Jul 26
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: EPS: US$0.16 (up from US$0.15 in 2Q 2023). Revenue: US$51.0m (down 4.8% from 2Q 2023). Net income: US$11.7m (up 9.7% from 2Q 2023). Profit margin: 23% (up from 20% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) missed analyst estimates by 7.1%. Revenue is expected to decline by 6.6% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 5.2%. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Announcement • Jul 25
Alexander & Baldwin, Inc. Approves Third Quarter 2024 Dividend, Payable on October 7, 2024 The Board of Directors of Alexander & Baldwin, Inc. approved a third quarter 2024 dividend of $0.2225 per share. The dividend is payable on October 7, 2024, to shareholders of record as of the close of business on September 20, 2024. Announcement • Jul 10
Alexander & Baldwin, Inc. to Report Q2, 2024 Results on Jul 25, 2024 Alexander & Baldwin, Inc. announced that they will report Q2, 2024 results After-Market on Jul 25, 2024 Announcement • Jul 03
Alexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2000 Dynamic Index Alexander & Baldwin, Inc.(NYSE:ALEX) dropped from Russell 2000 Dynamic Index Upcoming Dividend • Jun 07
Upcoming dividend of US$0.22 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 08 July 2024. Trailing yield: 5.4%. Within top quartile of American dividend payers (4.7%). In line with average of industry peers (5.8%). Major Estimate Revision • May 23
Consensus EPS estimates increase by 13% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from US$0.60 to US$0.68. Revenue forecast unchanged at US$200.8m. Net income forecast to shrink 7.2% next year vs 12% decline forecast for REITs industry in the US. Consensus price target of US$19.33 unchanged from last update. Share price fell 3.8% to US$16.48 over the past week. Declared Dividend • Apr 28
First quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 14th June 2024 Payment date: 8th July 2024 Dividend yield will be 5.5%, which is higher than the industry average of 4.4%. Announcement • Apr 27
Alexander & Baldwin, Inc. Revises Earnings Guidance for the Full Year of 2024 Alexander & Baldwin, Inc. revised earnings guidance for the full year of 2024. For the period, CRE Same-Store NOI guidance is in the range of 1.1% to 2.1% compared to previous guidance of 1.0% to 2.0%. Reported Earnings • Apr 27
First quarter 2024 earnings: EPS and revenues exceed analyst expectations First quarter 2024 results: FFO per share: US$0.4 (up from US$0.26 in 1Q 2023). Revenue: US$61.2m (up 21% from 1Q 2023). Funds from operations (FFO): US$29.2m (up 57% from 1Q 2023). FFO margin: 48% (up from 37% in 1Q 2023). Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 124%. Revenue is expected to decline by 4.3% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 3.2%. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Apr 25
Alexander & Baldwin, Inc. Approves Dividend for the Second Quarter of 2024, Payable on July 8, 2024 The Board of Directors of Alexander & Baldwin, Inc. approved a second quarter 2024 dividend of $0.2225 per share. The dividend is payable on July 8, 2024, to shareholders of record as of the close of business on June 14, 2024. Announcement • Apr 18
Alexander & Baldwin, Inc. announced that it has received $60 million in funding Alexander & Baldwin, Inc. announced that it has raised $60 million in debt round of funding from existing lender PGIM, Inc. on April 16, 2024. The company issued unsecured Series M note under the company's existing agreement with Prudential Investment Management, Inc. and its affiliates. The note carries 6.09% fixed rate, and interest on the Series M Note will be paid semi-annually, and the principal balance is due at maturity. The note will mature on April 15, 2032. Announcement • Apr 09
Alexander & Baldwin, Inc. to Report Q1, 2024 Results on Apr 25, 2024 Alexander & Baldwin, Inc. announced that they will report Q1, 2024 results After-Market on Apr 25, 2024 Announcement • Mar 13
Alexander & Baldwin, Inc., Annual General Meeting, Apr 23, 2024 Alexander & Baldwin, Inc., Annual General Meeting, Apr 23, 2024, at 08:00 Hawaiian Standard. Agenda: To consider the Election of seven directors; to consider the executive compensation; to consider the ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm; and to transact such other business as properly may be brought before the meeting or any adjournment or postponement thereof. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.22 per share Eligible shareholders must have bought the stock before 14 March 2024. Payment date: 05 April 2024. Trailing yield: 5.3%. Within top quartile of American dividend payers (4.7%). Lower than average of industry peers (6.2%). Declared Dividend • Mar 03
Fourth quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 14th March 2024 Payment date: 5th April 2024 Dividend yield will be 5.3%, which is higher than the industry average of 4.4%. Reported Earnings • Feb 29
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: US$0.56 (up from US$0.51 in FY 2022). Revenue: US$208.9m (down 10.0% from FY 2022). Net income: US$40.8m (up 11% from FY 2022). Profit margin: 20% (up from 16% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) missed analyst estimates by 6.8%. Revenue is forecast to stay flat during the next 2 years compared to a 3.5% growth forecast for the REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Feb 29
Alexander & Baldwin, Inc. Declares A First Quarter 2024 Dividend, Payable on April 5, 2024 Alexander & Baldwin, Inc.'s Board declared a first quarter 2024 dividend of $0.2225 per share, payable on April 5, 2024, to shareholders of record as of the close of business on March 15, 2024. Announcement • Jan 25
Alexander & Baldwin, Inc. to Report Q4, 2023 Results on Feb 28, 2024 Alexander & Baldwin, Inc. announced that they will report Q4, 2023 results After-Market on Feb 28, 2024 Announcement • Dec 12
Alexander & Baldwin, Inc. Approves Fourth Quarter 2023 Dividend, Payable on January 8, 2024 The Board of Directors of Alexander & Baldwin, Inc. approved a fourth quarter 2023 dividend of $0.2225 per share. The dividend is payable on January 8, 2024, to shareholders of record as of the close of business on December 22, 2023. Announcement • Nov 17
Nan, Inc. acquired Grace Pacific LLC from Alexander & Baldwin, Inc. (NYSE:ALEX). Nan, Inc. acquired Grace Pacific LLC from Alexander & Baldwin, Inc. (NYSE:ALEX) on November 15, 2023. Alexander & Baldwin, Inc., also sold 50% interest in Maui Paving, LLC, a paving company, the combined sales price was $60.0 million. The addition of Grace Pacific , with its talented team of professionals and state-of-the-art facilities, will significantly contribute to the continued success of Nan, Inc. This acquisition demonstrates Nan, Inc.'s commitment to investing in Hawai'i's infrastructure and supporting local job opportunities. Grace Pacific will continue to operate under its well-established brand, and its existing management and staff will remain in place to ensure a seamless transitionNan, Inc. completed the acquisition of Grace Pacific LLC from Alexander & Baldwin, Inc. (NYSE:ALEX) on November 15, 2023. Price Target Changed • Nov 07
Price target decreased by 9.5% to US$19.00 Down from US$21.00, the current price target is provided by 1 analyst. New target price is 17% above last closing price of US$16.28. Stock is down 19% over the past year. The company posted earnings per share of US$0.51 last year. New Risk • Nov 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (21% net profit margin). Buying Opportunity • Oct 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 18%. The fair value is estimated to be US$19.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Oct 14
Alexander & Baldwin, Inc. to Report Q3, 2023 Results on Nov 02, 2023 Alexander & Baldwin, Inc. announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Buying Opportunity • Oct 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be US$20.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company has become profitable. Upcoming Dividend • Sep 08
Upcoming dividend of US$0.22 per share at 5.1% yield Eligible shareholders must have bought the stock before 15 September 2023. Payment date: 04 October 2023. Trailing yield: 5.1%. Within top quartile of American dividend payers (4.9%). Higher than average of industry peers (4.4%). New Risk • Jul 31
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 19% Last year net profit margin: 33% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Dividend is not well covered by cash flows (150% cash payout ratio). Profit margins are more than 30% lower than last year (19% net profit margin). 
