Overview Dividends

(ALEX) Alexander & Baldwin Holdings - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0144911049

Retail Centers, Industrial Assets, Office Properties, Ground Leases

EPS (Earnings per Share)

EPS (Earnings per Share) of ALEX over the last years for every Quarter: "2020-09": 0.04, "2020-12": 0.01, "2021-03": 0.14, "2021-06": 0.18, "2021-09": 0.09, "2021-12": 0.08, "2022-03": 0.14, "2022-06": -0.2, "2022-09": 0.09, "2022-12": -0.9876, "2023-03": 0.07, "2023-06": 0.18, "2023-09": 0.16, "2023-12": -0.05, "2024-03": 0.28, "2024-06": 0.13, "2024-09": 0.26, "2024-12": 0.17, "2025-03": 0.29, "2025-06": 0.35, "2025-09": 0.2,
EPS Growth (3y CAGR): 352.45%
EPS Trend (3y Corr): 61.8%
Last SUE: 0.31σ
Qual. Beats: 0

Revenue

Revenue of ALEX over the last years for every Quarter: 2020-09: 77.8, 2020-12: 72.8, 2021-03: 81, 2021-06: 89.3, 2021-09: 84.3, 2021-12: 124.7, 2022-03: 59.2, 2022-06: 51.1, 2022-09: 49.4, 2022-12: -53, 2023-03: 50.39, 2023-06: 53.116, 2023-09: 52.495, 2023-12: 52.9, 2024-03: 61.202, 2024-06: 51.047, 2024-09: 61.944, 2024-12: 62.448, 2025-03: 53.738, 2025-06: 51.702, 2025-09: 50.248,
Revenue Growth (3y CAGR): 199.91%
Revenue Trend (3y Corr): 48.3%
Last SUE: -0.05σ
Qual. Beats: 0
Risk via 10d forecast
Volatility 20.4%
Value at Risk 5%th 33.6%
Relative Tail Risk 0.13%
Reward TTM
Sharpe Ratio -1.03
Alpha -22.58
Character TTM
Hurst Exponent 0.452
Beta 0.333
Beta Downside 0.427
Drawdowns 3y
Max DD 20.42%
Mean DD 8.42%
Median DD 8.22%

Description: ALEX Alexander & Baldwin Holdings November 12, 2025

Alexander & Baldwin Holdings Inc. (NYSE: ALEX) is the sole publicly-traded REIT dedicated exclusively to Hawai‘i’s commercial real-estate market, making it the state’s largest owner of grocery-anchored neighborhood shopping centers. The company’s portfolio comprises roughly four million sq ft of space, including 21 retail centers, 14 industrial properties, four office buildings, and 146 acres of ground-lease assets, reflecting a 155-year legacy of involvement across Hawai‘i’s agriculture, tourism, transportation, construction, and residential sectors.

Key performance indicators from the most recent quarter show a funds-from-operations (FFO) yield of about 5.2 % and a net operating income (NOI) growth rate of 3.1 % YoY, driven by strong tourism-linked consumer traffic that supports retail rents. The company’s exposure to tourism-related spending is a primary sector driver, while the limited land supply and high construction costs in Hawai‘i create a structural barrier to new supply, underpinning occupancy stability.

For a deeper, data-driven assessment of ALEX’s valuation and risk profile, you might find the analytics on ValueRay worth exploring.

ALEX Stock Overview

Market Cap in USD 1,166m
Sub-Industry Diversified REITs
IPO / Inception 2012-06-14
Return 12m vs S&P 500 -24.2%
Analyst Rating 4.25 of 5

ALEX Dividends

Metric Value
Dividend Yield 5.75%
Yield on Cost 5y 6.95%
Yield CAGR 5y 27.34%
Payout Consistency 77.6%
Payout Ratio 89.1%

ALEX Growth Ratios

Metric Value
CAGR 3y -2.11%
CAGR/Max DD Calmar Ratio -0.10
CAGR/Mean DD Pain Ratio -0.25
Current Volume 263.7k
Average Volume 417.9k

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (73.3m TTM) > 0 and > 6% of Revenue (6% = 13.1m TTM)
FCFTA 0.03 (>2.0%) and ΔFCFTA 0.39pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 20.38% (prev -54.24%; Δ 74.61pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.06 (>3.0%) and CFO 91.3m > Net Income 73.3m (YES >=105%, WARN >=100%)
Net Debt (-17.3m) to EBITDA (129.5m) ratio: -0.13 <= 3.0 (WARN <= 3.5)
Current Ratio 3.06 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (72.9m) change vs 12m ago 0.18% (target <= -2.0% for YES)
Gross Margin 45.27% (prev 48.90%; Δ -3.64pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 13.19% (prev 13.76%; Δ -0.57pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 5.14 (EBITDA TTM 129.5m / Interest Expense TTM 17.8m) >= 6 (WARN >= 3)

Altman Z'' 0.61

(A) 0.03 = (Total Current Assets 66.0m - Total Current Liabilities 21.6m) / Total Assets 1.66b
(B) -0.48 = Retained Earnings (Balance) -802.7m / Total Assets 1.66b
(C) 0.06 = EBIT TTM 91.3m / Avg Total Assets 1.65b
(D) 1.57 = Book Value of Equity 1.01b / Total Liabilities 645.7m
Total Rating: 0.61 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 70.35

1. Piotroski 4.0pt
2. FCF Yield 3.33%
3. FCF Margin 24.76%
4. Debt/Equity 0.47
5. Debt/Ebitda -0.13
6. ROIC - WACC (= 1.02)%
7. RoE 7.27%
8. Rev. Trend 48.29%
9. EPS Trend 61.83%

What is the price of ALEX shares?

As of November 22, 2025, the stock is trading at USD 15.66 with a total of 263,707 shares traded.
Over the past week, the price has changed by -1.57%, over one month by -7.17%, over three months by -14.79% and over the past year by -14.83%.

Is ALEX a buy, sell or hold?

Alexander & Baldwin Holdings has received a consensus analysts rating of 4.25. Therefore, it is recommended to buy ALEX.
  • Strong Buy: 2
  • Buy: 1
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the ALEX price?

Issuer Target Up/Down from current
Wallstreet Target Price 21 34.1%
Analysts Target Price 21 34.1%
ValueRay Target Price 15.5 -0.9%

ALEX Fundamental Data Overview November 17, 2025

Market Cap USD = 1.17b (1.17b USD * 1.0 USD.USD)
P/E Trailing = 15.7525
P/E Forward = 23.1481
P/S = 5.1561
P/B = 1.1444
P/EG = 4.48
Beta = 1.014
Revenue TTM = 218.1m USD
EBIT TTM = 91.3m USD
EBITDA TTM = 129.5m USD
Long Term Debt = 475.2m USD (from longTermDebt, last quarter)
Short Term Debt = 40.9m USD (from shortTermDebt, last fiscal year)
Debt = 474.8m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -17.3m USD (from netDebt column, last quarter)
Enterprise Value = 1.62b USD (1.17b + Debt 474.8m - CCE 17.3m)
Interest Coverage Ratio = 5.14 (Ebit TTM 91.3m / Interest Expense TTM 17.8m)
FCF Yield = 3.33% (FCF TTM 54.0m / Enterprise Value 1.62b)
FCF Margin = 24.76% (FCF TTM 54.0m / Revenue TTM 218.1m)
Net Margin = 33.62% (Net Income TTM 73.3m / Revenue TTM 218.1m)
Gross Margin = 45.27% ((Revenue TTM 218.1m - Cost of Revenue TTM 119.4m) / Revenue TTM)
Gross Margin QoQ = 45.17% (prev 45.62%)
Tobins Q-Ratio = 0.98 (Enterprise Value 1.62b / Total Assets 1.66b)
Interest Expense / Debt = 0.01% (Interest Expense 47.0k / Debt 474.8m)
Taxrate = 0.52% (75.0k / 14.5m)
NOPAT = 90.8m (EBIT 91.3m * (1 - 0.52%))
Current Ratio = 3.06 (Total Current Assets 66.0m / Total Current Liabilities 21.6m)
Debt / Equity = 0.47 (Debt 474.8m / totalStockholderEquity, last quarter 1.01b)
Debt / EBITDA = -0.13 (Net Debt -17.3m / EBITDA 129.5m)
Debt / FCF = -0.32 (Net Debt -17.3m / FCF TTM 54.0m)
Total Stockholder Equity = 1.01b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.43% (Net Income 73.3m / Total Assets 1.66b)
RoE = 7.27% (Net Income TTM 73.3m / Total Stockholder Equity 1.01b)
RoCE = 6.15% (EBIT 91.3m / Capital Employed (Equity 1.01b + L.T.Debt 475.2m))
RoIC = 6.17% (NOPAT 90.8m / Invested Capital 1.47b)
WACC = 5.15% (E(1.17b)/V(1.64b) * Re(7.24%) + D(474.8m)/V(1.64b) * Rd(0.01%) * (1-Tc(0.01)))
Discount Rate = 7.24% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.38%
[DCF Debug] Terminal Value 81.12% ; FCFE base≈51.4m ; Y1≈61.9m ; Y5≈100.3m
Fair Price DCF = 23.54 (DCF Value 1.71b / Shares Outstanding 72.8m; 5y FCF grow 22.01% → 3.0% )
EPS Correlation: 61.83 | EPS CAGR: 352.4% | SUE: 0.31 | # QB: 0
Revenue Correlation: 48.29 | Revenue CAGR: 199.9% | SUE: -0.05 | # QB: 0

Additional Sources for ALEX Stock

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