Alexander & Baldwin, Inc. ("A&B") is Hawai'i's premier commercial real estate company and the largest owner of grocery-anchored, neighborhood shopping centers in the state. More Details
Moderate growth potential and overvalued.
Share Price & News
How has Alexander & Baldwin's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ALEX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ALEX's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ALEX underperformed the US REITs industry which returned -8.8% over the past year.
Return vs Market: ALEX underperformed the US Market which returned 19.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Alexander & Baldwin's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StReflecting on Alexander & Baldwin's (NYSE:ALEX) Share Price Returns Over The Last Three Years
3 months ago | Simply Wall StWhat Can We Learn About Alexander & Baldwin's (NYSE:ALEX) CEO Compensation?
7 months ago | Simply Wall StHow Much is Alexander & Baldwin, Inc.'s (NYSE:ALEX) CEO Getting Paid?
Is Alexander & Baldwin undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ALEX ($16.76) is trading above our estimate of fair value ($12.82)
Significantly Below Fair Value: ALEX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ALEX is poor value based on its PE Ratio (110.1x) compared to the US REITs industry average (38.3x).
PE vs Market: ALEX is poor value based on its PE Ratio (110.1x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: ALEX is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: ALEX is good value based on its PB Ratio (1.1x) compared to the US REITs industry average (1.6x).
How is Alexander & Baldwin forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALEX's forecast earnings growth (72.8% per year) is above the savings rate (2.2%).
Earnings vs Market: ALEX's earnings (72.8% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ALEX's revenue (8.3% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: ALEX's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ALEX's Return on Equity is forecast to be low in 3 years time (5.5%).
How has Alexander & Baldwin performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALEX has a large one-off gain of $3.8M impacting its September 30 2020 financial results.
Growing Profit Margin: ALEX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ALEX's earnings have declined by 25.5% per year over the past 5 years.
Accelerating Growth: ALEX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ALEX has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (2%).
Return on Equity
High ROE: ALEX's Return on Equity (0.9%) is considered low.
How is Alexander & Baldwin's financial position?
Financial Position Analysis
Short Term Liabilities: ALEX's short term assets ($302.8M) exceed its short term liabilities ($104.9M).
Long Term Liabilities: ALEX's short term assets ($302.8M) do not cover its long term liabilities ($893.4M).
Debt to Equity History and Analysis
Debt Level: ALEX's debt to equity ratio (68.6%) is considered high.
Reducing Debt: ALEX's debt to equity ratio has increased from 47.6% to 68.6% over the past 5 years.
Debt Coverage: ALEX's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: ALEX's interest payments on its debt are not well covered by EBIT (1.2x coverage).
What is Alexander & Baldwin current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ALEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ALEX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ALEX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ALEX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ALEX is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ALEX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Benjamin (57 yo)
Mr. Christopher J. Benjamin, also known as Chris, has been the President of Alexander & Baldwin, Inc., (alternate name Matson, Inc.) since June 2012 and its Chief Executive Officer since January 1, 2016. M...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD3.91M) is about average for companies of similar size in the US market ($USD4.15M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||1.5yrs||US$1.20m||0.038% |
|Executive VP & Chief Legal Officer||8.42yrs||US$987.93k||0.18% |
|Executive Vice President of External Affairs||13.42yrs||US$979.98k||0.17% |
|Executive VP & Chief Real Estate Officer||3.08yrs||US$1.70m||0.061% |
|Senior Vice President of Investments||2.83yrs||no data||no data|
|Senior VP||2.83yrs||no data||0.015% |
|Vice President of Investor Relations||8.83yrs||no data||no data|
|Senior Vice President of Development||2.25yrs||no data||no data|
|Senior Vice President of Asset Management||2.83yrs||no data||no data|
|Senior Vice President of Leasing||2yrs||no data||no data|
|VP & Corporate Secretary||no data||no data||no data|
Experienced Management: ALEX's management team is considered experienced (2.8 years average tenure).
|Independent Director||3.33yrs||US$153.50k||0.014% |
|Lead Independent Director||no data||US$200.00k||0.11% |
|Independent Chairman of the Board||0.17yr||US$155.00k||0.041% |
|Independent Director||8.83yrs||US$169.50k||0.041% |
|Independent Director||0.083yr||no data||no data|
Experienced Board: ALEX'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.
Alexander & Baldwin, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Alexander & Baldwin, Inc.
- Ticker: ALEX
- Exchange: NYSE
- Founded: 1870
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: US$1.213b
- Shares outstanding: 72.35m
- Website: https://www.alexanderbaldwin.com
Number of Employees
- Alexander & Baldwin, Inc.
- 822 Bishop Street
- Post Office Box 3440
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ALEX||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jun 2012|
|ABU||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 2012|
Alexander & Baldwin, Inc. ("A&B") is Hawai'i's premier commercial real estate company and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&B owns, operates and manages a...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 23:23|
|End of Day Share Price||2020/11/25 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.