(COLD) Americold Realty Trust - Overview
Sector: Real Estate | Industry: REIT - Industrial | Exchange: NYSE (USA) | Market Cap: 4.246m USD | Total Return: -4.5% in 12m
Avg Turnover: 52.9M
Qual. Beats: 0
Rev. Trend: -88.9%
Qual. Beats: 1
Warnings
High Debt/EBITDA (12.8) with thin interest coverage (0.1)
High Debt while negative Cash Flow
Interest Coverage Ratio 0.1 is critical
Beneish M-Score 1.00 > -1.5 - likely earnings manipulation
Altman Z'' -2.31 < 1.0 - financial distress zone
Choppy
Tailwinds
No distinct edge detected
Americold Realty Trust (NYSE: COLD) is a Maryland-based real estate investment trust specializing in temperature-controlled logistics. The company operates 230 facilities across four continents, managing approximately 1.4 billion cubic feet of refrigerated storage space to facilitate the global food supply chain.
The business model functions as a critical link between food producers and retailers, utilizing high-barrier-to-entry infrastructure that requires significant capital investment and specialized energy management. Unlike standard industrial warehouses, cold storage facilities face higher operational complexity due to strict thermal requirements and regulatory oversight regarding food safety.
Investors can further evaluate the companys historical performance and valuation metrics at ValueRay. Founded in 1903, Americold maintains a diversified geographic footprint across North America, Europe, Asia-Pacific, and South America.
- Global food demand stability supports high occupancy rates across temperature-controlled facilities
- Labor costs and energy price volatility directly impact warehouse operating margins
- Expansion of value-added services increases revenue per available refrigerated cubic foot
- Strategic acquisitions and development projects drive long-term funds from operations growth
- Fluctuations in consumer grocery spending patterns influence inventory turnover and throughput volume
| Net Income: -111.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -0.62 > 1.0 |
| NWC/Revenue: -29.33% < 20% (prev -24.20%; Δ -5.13% < -1%) |
| CFO/TA 0.05 > 3% & CFO 369.3m > Net Income -111.7m |
| Net Debt (4.89b) to EBITDA (381.2m): 12.82 < 3 |
| Current Ratio: 0.35 > 1.5 & < 3 |
| Outstanding Shares: last quarter (285.3m) vs 12m ago -0.02% < -2% |
| Gross Margin: 3.62% > 18% (prev 0.32%; Δ 330.4% > 0.5%) |
| Asset Turnover: 32.72% > 50% (prev 33.62%; Δ -0.89% > 0%) |
| Interest Coverage Ratio: 0.07 > 6 (EBITDA TTM 381.2m / Interest Expense TTM 160.7m) |
| A: -0.09 (Total Current Assets 412.0m - Total Current Liabilities 1.18b) / Total Assets 8.08b |
| B: -0.35 (Retained Earnings -2.80b / Total Assets 8.08b) |
| C: 0.00 (EBIT TTM 11.2m / Avg Total Assets 7.95b) |
| D: -0.55 (Book Value of Equity -2.85b / Total Liabilities 5.22b) |
| Altman-Z'' = -2.31 = D |
| DSRI: 0.99 (Receivables 372.1m/379.0m, Revenue 2.60b/2.63b) |
| GMI: 8.83 (GM 3.62% / 32.00%) |
| AQI: 0.95 (AQ_t 0.24 / AQ_t-1 0.25) |
| SGI: 0.99 (Revenue 2.60b / 2.63b) |
| TATA: -0.06 (NI -111.7m - CFO 369.3m) / TA 8.08b) |
| Beneish M = 3.96 (Cap -4..+1) = D |
As of May 26, 2026, the stock is trading at USD 14.81 with a total of 3,711,700 shares traded.
Over the past week, the price has changed by +3.86%,
over one month by +20.80%,
over three months by +15.11% and
over the past year by -4.49%.
Americold Realty Trust has received a consensus analysts rating of 4.27. Therefore, it is recommended to buy COLD.
- StrongBuy: 7
- Buy: 5
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 15.6 | 5.5% |
P/E Forward = 119.0476
P/S = 1.6319
P/B = 1.4985
P/EG = 5.8386
Revenue TTM = 2.60b USD
EBIT TTM = 11.2m USD
EBITDA TTM = 381.2m USD
Long Term Debt = 3.58b USD (from longTermDebt, last quarter)
Short Term Debt = 606.2m USD (from shortTermDebt, last quarter)
Debt = 4.93b USD (from shortLongTermDebtTotal, last quarter) + Leases 372.6m
Net Debt = 4.89b USD (calculated: Debt 4.93b - CCE 39.8m)
Enterprise Value = 9.13b USD (4.25b + Debt 4.93b - CCE 39.8m)
Interest Coverage Ratio = 0.07 (Ebit TTM 11.2m / Interest Expense TTM 160.7m)
EV/FCF = -198.5x (Enterprise Value 9.13b / FCF TTM -46.0m)
FCF Yield = -0.50% (FCF TTM -46.0m / Enterprise Value 9.13b)
FCF Margin = -1.77% (FCF TTM -46.0m / Revenue TTM 2.60b)
Net Margin = -4.29% (Net Income TTM -111.7m / Revenue TTM 2.60b)
Gross Margin = 3.62% ((Revenue TTM 2.60b - Cost of Revenue TTM 2.51b) / Revenue TTM)
Gross Margin QoQ = 31.04% (prev -78.65%)
Tobins Q-Ratio = 1.13 (Enterprise Value 9.13b / Total Assets 8.08b)
Interest Expense / Debt = 3.26% (Interest Expense 160.7m / Debt 4.93b)
Taxrate = 21.0% (US default 21%)
NOPAT = 8.81m (EBIT 11.2m * (1 - 21.00%))
Current Ratio = 0.35 (Total Current Assets 412.0m / Total Current Liabilities 1.18b)
Debt / Equity = 1.75 (Debt 4.93b / totalStockholderEquity, last quarter 2.82b)
Debt / EBITDA = 12.82 (Net Debt 4.89b / EBITDA 381.2m)
Debt / FCF = -106.2 (out of range, set to none) (Net Debt 4.89b / FCF TTM -46.0m)
Total Stockholder Equity = 2.96b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.40% (Net Income -111.7m / Total Assets 8.08b)
RoE = -1.94% (Net Income TTM -111.7m / Total Stockholder Equity 5.76b)
RoCE = 0.12% (EBIT 11.2m / Capital Employed (Equity 5.76b + L.T.Debt 3.58b))
RoIC = 0.12% (NOPAT 8.81m / Invested Capital 7.47b)
WACC = 4.65% (E(4.25b)/V(9.17b) * Re(7.05%) + D(4.93b)/V(9.17b) * Rd(3.26%) * (1-Tc(0.21)))
Discount Rate = 7.05% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 73.33 | Cagr: 0.16%
[DCF] Fair Price = unknown (Cash Flow -46.0m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.28 | # QB: 0
Revenue Correlation: -88.90 | Revenue CAGR: -2.09% | SUE: 1.82 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.07 | Chg30d=N/A | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.08 | Chg30d=N/A | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.29 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+40.2% | GrowthRev=-3.1%
EPS next Year (2027-12-31): EPS=0.07 | Chg30d=+0.00% | Revisions=N/A | GrowthEPS=+125.9% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: -20%