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Alexander & Baldwin, Inc. ("A&B," the "Company," "we," "our," or "us") is a fully integrated real estate investment trust ("REIT") whose history in Hawai i dates back to 1870. Over time, the Company has evolved from a 571-acre sugar plantation on Maui to become one of Hawai i's premier commercial real estate companies and the owner of the largest grocery-anchored, neighborhood shopping…
$0.49
$0.05 (-9.26%)
EOD Jul 17, 2026
38.72% operating margin is above average. ROIC at 4.24%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue declined 12.7% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 65% versus the prior year, cash generation momentum has weakened. Net debt of $499M represents 18.3x FCF, leverage limits flexibility.
0.6x earnings, 1.3x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$207M
▼ -12.7% YoY
Net Income (TTM)
$65M
▲ +6.8% YoY
Op. Margin
38.72%
▲ +5.0pp YoY
ROIC
4.24%
▼ -1.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$27M
▼ -64.6% YoY
Op. Cash Flow (TTM)
$80M
▼ -18.9% YoY
Net Debt
$499M
Cash & Equiv.
$11M
5Y CAGR: +1.7%
5Y CAGR: -8.5%
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At a P/E of 0.6 and a price-to-free-cash-flow of 1.3, Alexander & Baldwin (ALEX) trades above a two-stage DCF intrinsic value of about $-0.37 per share, so at $0.49 the stock looks overvalued (174.6% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Alexander & Baldwin scores 77/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 183.6%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $-0.37 per share for ALEX, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $-0.27. At today's $0.49, that puts the stock about 174.6% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Alexander & Baldwin scores 77 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 38.7% operating margin and a 4.2% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Alexander & Baldwin pays a regular dividend of about $0.90 per share per year (typically in quarterly installments), a yield of roughly 183.6% at the current price. That is a payout ratio of about 101.6% of earnings, so the dividend is stretched at this level. Alexander & Baldwin has grown the dividend at roughly 9.0% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For ALEX's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. ALEX currently trades above its estimated intrinsic value and scores 77/100 on quality (solid). It also yields about 183.6%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.