Alexanders Inc (ALX) stock analysis

P/E below its 5-year median

Alexanders's P/E of 6.7 is below its own 5-year median of 17.3.

P/E below the industry

Alexanders's P/E of 6.7 is below the Miscellaneous Investing median of 26.3.

EV/EBITDA against its history

Needs positive EBITDA and price history.

P/B above the industry

Alexanders's price-to-book of 5.57 is above the Miscellaneous Investing median of 1.20.

Trading below fair value

The share price of $248.53 is below our fair value estimate of $641.54.

Margin of safety over 20%

The price is 61.3% below fair value, more than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 1.2% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -21.2% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 421% over the last twelve months, against a 5-year average of -7.6% a year.

Growing faster than the industry

Revenue grew 8.2% over the last twelve months; the Miscellaneous Investing median is 4.6%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

This company does not report gross profit.

Return on equity over 15%

Return on equity was 107% over the last twelve months and averaged 33.2% over five years.

Return on invested capital

Needs operating income and invested capital.

Return on equity above the industry

Alexanders's return on equity of 107% is above the Miscellaneous Investing median of 3.1%.

Earnings shrank over 5 years

Net income shrank 7.6% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 81.9% over the last twelve months, against a 5-year average of 34.1%.

Net margin above the industry

Alexanders's net margin of 81.9% is above the Miscellaneous Investing median of 10.3%.

No debt

Alexanders has no borrowings on its latest balance sheet.

Debt not rising

With no debt today, leverage cannot have risen.

Debt covered by cash flow

There is no debt to cover.

Interest well covered

No meaningful interest expense to cover.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Elevated bankruptcy risk

The Altman Z-score is 1.20; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Alexanders paid dividends worth 5.4% of the share price over the last twelve months.

Yield above Treasuries

The 5.4% yield is above the 4.4% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 3.8% or more; Alexanders yields 5.4%.

Dividend not cut

The dividend per share has not fallen by more than 10% in any of the last 9 fiscal years.

Covered by earnings

Dividends take 48.3% of net income.

Cash-flow cover

Needs dividends paid and free cash flow.