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Market Cap

US$9.4b

Last Updated

2021/05/13 04:09 UTC

Data Sources

Company Financials +

Executive Summary

Americold is the world’s largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. More Details


Snowflake Analysis

Moderate growth potential and slightly overvalued.

Share Price & News

How has Americold Realty Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: COLD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

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


Market Performance


7 Day Return

-1.4%

COLD

-1.7%

US REITs

-2.8%

US Market


1 Year Return

11.6%

COLD

37.7%

US REITs

49.4%

US Market

Return vs Industry: COLD underperformed the US REITs industry which returned 37.7% over the past year.

Return vs Market: COLD underperformed the US Market which returned 49.4% over the past year.


Shareholder returns

COLDIndustryMarket
7 Day-1.4%-1.7%-2.8%
30 Day-6.4%1.1%-2.3%
90 Day4.6%6.5%-1.3%
1 Year14.2%11.6%43.4%37.7%51.8%49.4%
3 Year84.3%70.7%41.7%24.7%57.5%47.6%
5 Yearn/a50.4%20.2%121.7%97.1%

Long-Term Price Volatility Vs. Market

How volatile is Americold Realty Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Americold Realty Trust undervalued compared to its fair value and its price relative to the market?

39.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: COLD ($37.29) is trading below our estimate of fair value ($61.44)

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


Price To Earnings Ratio

PE vs Industry: COLD is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.

PE vs Market: COLD is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate COLD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: COLD is overvalued based on its PB Ratio (2.5x) compared to the US REITs industry average (1.8x).


Future Growth

How is Americold Realty Trust forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

27.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COLD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: COLD is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: COLD's is expected to become profitable in the next 3 years.

Revenue vs Market: COLD's revenue (8% per year) is forecast to grow slower than the US market (9% per year).

High Growth Revenue: COLD's revenue (8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: COLD's Return on Equity is forecast to be low in 3 years time (4.1%).


Past Performance

How has Americold Realty Trust performed over the past 5 years?

50.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COLD is currently unprofitable.

Growing Profit Margin: COLD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: COLD is unprofitable, but has reduced losses over the past 5 years at a rate of 50.7% per year.

Accelerating Growth: Unable to compare COLD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: COLD is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-9.3%).


Return on Equity

High ROE: COLD has a negative Return on Equity (-0.36%), as it is currently unprofitable.


Financial Health

How is Americold Realty Trust's financial position?


Financial Position Analysis

Short Term Liabilities: COLD's short term assets ($594.7M) exceed its short term liabilities ($568.7M).

Long Term Liabilities: COLD's short term assets ($594.7M) do not cover its long term liabilities ($3.3B).


Debt to Equity History and Analysis

Debt Level: COLD's debt to equity ratio (63.4%) is considered high.

Reducing Debt: COLD's debt to equity ratio has reduced from 668.1% to 63.4% over the past 5 years.

Debt Coverage: COLD's debt is not well covered by operating cash flow (11%).

Interest Coverage: COLD is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Dividend

What is Americold Realty Trust current dividend yield, its reliability and sustainability?

2.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: COLD's dividend (2.36%) is higher than the bottom 25% of dividend payers in the US market (1.28%).

High Dividend: COLD's dividend (2.36%) is low compared to the top 25% of dividend payers in the US market (3.48%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, COLD has been paying a dividend for less than 10 years.

Growing Dividend: COLD's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (132.2%), COLD's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: COLD's dividends in 3 years are forecast to be covered by earnings (55.1% payout ratio).


Next Steps

Management

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

2.7yrs

Average management tenure


CEO

Fred Boehler (53 yo)

5.42yrs

Tenure

US$5,361,400

Compensation

Mr. Fred W. Boehler has been the Chief Executive Officer of AmeriCold Logistics, LLC since February 4, 2016 and its President since March 31, 2014. Mr. Boehler has been the President, Chief Executive Offic...


CEO Compensation Analysis

Compensation vs Market: Fred's total compensation ($USD5.36M) is about average for companies of similar size in the US market ($USD6.62M).

Compensation vs Earnings: Fred's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: COLD's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: COLD's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: COLD insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.1%.


Top Shareholders

Company Information

Americold Realty Trust's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Americold Realty Trust
  • Ticker: COLD
  • Exchange: NYSE
  • Founded: 2002
  • Industry: Industrial REITs
  • Sector: Real Estate
  • Market Cap: US$9.417b
  • Shares outstanding: 252.54m
  • Website: https://www.americold.com

Number of Employees


Location

  • Americold Realty Trust
  • South Tower
  • Suite 600
  • Atlanta
  • Georgia
  • 30328
  • United States

Listings


Biography

Americold is the world’s largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and op...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/13 04:09
End of Day Share Price2021/05/12 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.