XNYSALEX
Market cap1.24bUSD
Jan 10, Last price
17.04USD
1D
-1.56%
1Q
-8.73%
Jan 2017
-62.02%
IPO
-33.36%
Name
Alexander & Baldwin Inc (Hawaii)
Chart & Performance
Profile
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 approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B's total assets. A&B's non-core assets include renewable energy generation facilities, approximately 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&B is achieving its strategic objective of becoming a Hawai'i-focused commercial real estate company by expanding and strengthening its Hawai'i CRE portfolio and monetizing non-core assets. Over its 150-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 208,900 -9.37% | 230,500 -39.23% | |||||||
Cost of revenue | 141,100 | 134,600 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 67,800 | 95,900 | |||||||
NOPBT Margin | 32.46% | 41.61% | |||||||
Operating Taxes | (18,300) | ||||||||
Tax Rate | |||||||||
NOPAT | 67,800 | 114,200 | |||||||
Net income | 29,800 -160.20% | (49,500) -387.79% | |||||||
Dividends | (64,300) | (57,700) | |||||||
Dividend yield | 4.64% | 4.24% | |||||||
Proceeds from repurchase of equity | (5,400) | (7,300) | |||||||
BB yield | 0.39% | 0.54% | |||||||
Debt | |||||||||
Debt current | 477,100 | ||||||||
Long-term debt | 476,200 | 482,000 | |||||||
Deferred revenue | 68,800 | ||||||||
Other long-term liabilities | 99,500 | (68,800) | |||||||
Net debt | 455,800 | 918,300 | |||||||
Cash flow | |||||||||
Cash from operating activities | 67,100 | 34,000 | |||||||
CAPEX | (31,200) | (21,700) | |||||||
Cash from investing activities | 7,100 | 44,600 | |||||||
Cash from financing activities | (94,900) | (115,200) | |||||||
FCF | 636,800 | (240,600) | |||||||
Balance | |||||||||
Cash | 13,500 | 33,300 | |||||||
Long term investments | 6,900 | 7,500 | |||||||
Excess cash | 9,955 | 29,275 | |||||||
Stockholders' equity | 1,003,000 | 1,257,900 | |||||||
Invested Capital | 1,468,145 | 1,968,625 | |||||||
ROIC | 3.95% | 6.32% | |||||||
ROCE | 4.59% | 4.78% | |||||||
EV | |||||||||
Common stock shares outstanding | 72,800 | 72,600 | |||||||
Price | 19.02 1.55% | 18.73 -25.35% | |||||||
Market cap | 1,384,656 1.83% | 1,359,798 -25.35% | |||||||
EV | 1,840,456 | 2,286,098 | |||||||
EBITDA | 104,600 | 133,900 | |||||||
EV/EBITDA | 17.60 | 17.07 | |||||||
Interest | 23,000 | 149,000 | |||||||
Interest/NOPBT | 33.92% | 155.37% |