_edited.png)
RISK CONCERN
Investment Strategy, Risk Analysis, and Insights by Chartered Professionals
Indus Realty Trust, Inc (XNAS:INDT) In-Depth Stock/Fundamental/Options Analysis Today
Primary Facts
INDT
Name:
INDUS REALTY TRUST, INC (XNAS:INDT)
Sector:
- 47422.00K
Industry:
Real Estate Services
CEO:
Total Employees:
36
Our Technological Advancement Rating
Our Rating:
B
Technological advancement compared to industry is 2.01% higher
ANALYSIS OF ALL CRITICAL FACTORS & RISKS RELATED TO THE STOCK & FUNDAMENTAL/LONG-TERM ANALYSIS OF INDUS REALTY TRUST, INC(INDT) AS PER DATA ANALYSIS OF LAST 3 YEARS AND COMPARISON WITH COMPETITORS/PEERS, AND REAL ESTATE SERVICES INDUSTRY. DATE: 07/09/2022
Primary Targets/Price Insights
Previous Close ($) :
59.93
One Month Price Target:
$60.2
Six Month Price Target :
$61.53
Likely Price in One Year's Time:
Ticker:
$63.14
Likely Trading Range Today Under (Normal Volatility)
$59.73
Price Upper limit ($) :
$60.25
Price Lower limit ($) :
Crash Risk Prep/Key Price Levels (High Volatility/Risk)
Price, as per data analysis, isn't likely to fall below:
Today:
$56.82
This week:
$52.98
This month :
$46.03
Other Primary facts
Market Cap:
610.83M
Market Cap Classification:
Small Cap
Number of Shares
IPO Date:
10.19M
Best/Worst Daily Performance (Last 3+ Years)
Highest Daily Appreciation:
17.7%
-16.16%
Worst Daily Decline:
Our Options Trading Entry Points
Iron Condor entry points for options expiring in 1 week's time
Low risk (<2%) entry points
Buy Call:
Sell Call:
Buy Put:
Sell Put:
$74.34
$67.66
$45.52
$52.20
Medium risk (<10%) entry points
Buy Call
Sell Call
$65.48
Buy Put:
Sell Put:
$64.06
$54.36
$55.80
These entry points can be used for other strategies, such as butterflies, straddles, etc.
Risk-Adjusted returns (Sharpe Ratio) of
INDT
Sharpe Ratio:
3.43%
Comparison:
INDT, is amongst the top 20% stocks with highest risk-adjusted returns
Sharpe ratio is 110.43% higher than the industry
& ratio is 50.33% higher than the market/S&P 500 average
Average Returns/Yield of
INDT
Daily returns:
0.10%
Weekly returns:
0.48%
Monthly returns:
1.94%
Yearly returns:
16.44%
Comparison of returns:
Average annual returns/yield (last 3 years) is 41.62% above industry average
Classification:
INDT, is amongst the top 40% highest yielding stocks in terms of daily returns
Results of T-Test of Returns:
0.42
Statistical test of Returns:
INDT has yielded returns statistically similar to the market
Volatility (measured by Standard Deviation)
Daily Volatility:
2.57%
Weekly Volatility:
5.75%
Monthly Volatility:
11.50%
Yearly Volatility:
39.85%
Volitlilty of last five days (Measured by Standard Deviation)
Average Volatility of this Week:
1.13%
Volatility in last five trading days has been -56.11% below long-term volatility
Value at Risk Analysis (VaR)
Daily VaR:
-5.19%
Weekly VaR:
-11.60%
Monthly VaR:
-23.19%
How Much Can the price of
INDT
Decline in a Recession?
Likely price decline in a recession:
Base case (decline):
-19%
Worst case (decline):
-80.34%
This translates to price declining to:
$48.31
This translates to price declining to:
$11.78
Severe Crash Probability
Risk of crash in next 6/12 months: Very high (>70%)
What is Value at Risk (VaR)?
Risk Fundamentals
INDT is a 63.68% riskier investment compared to the market/S&P 500 & is 40.23% riskier than Nasdaq (IXIC)
Risk (measured by volatility) is -26.66% below industry average
Overall, it is amongst the top 50% most risky stocks
Beta Examination of
INDT
Beta in relation to market/S&P 500--0.80
Expected beta in 1 year's time:
0.619
Expected beta in 3 year's time:
0.876
Unlevered (debt free) Beta:
0.553
Beta in relation to Nasdaq (XNAS):
0.493
Beta in relation to all global stocks::
0.686
Beta Comparison & Analysis
Beta of competitors/peers::
-
-
Average Industry Beta:
1.462
Beta is -45.51% below industry average
Sustainable Growth Rate Analysis
Sustainable growth rate for this stock/firm:
-
-
Alpha provided | Alpha Analysis
Alpha provided:
0.147
Alpha is 348.65% above industry average alpha yield
Alpha is 934% higher than market/& is unsustainably high
Analysis of Cost of Capital of
INDT
Equity cost of capital:
0.086
Equity cost of capital is -34.62% below industry mean WACC
Unlevered (without debt) cost of capital:
5.97%
Before-tax cost of debt:
3.90%
After-tax cost of debt:
3.08%
Overall debt rating:
Lower BB medium grade (Fifth highest grade)
Weighted average cost of capital (WACC):
3.08%
WACC is -18.01% below industry mean WACC
Key Per-Share Metrics & Analysis
Revenue per share:
$4.29
Revenue growth rate per share of (3Y):
1.58
-
EPS:
$1.26
Expected Annual growth rate of EPS (3Y):
34.45%
Expected future EPS growth rate is 76.24% higher than the Real Estate Services industry
Free cash flow (FCF) per share:
-
-
-
Debt per share
$16.72
EBITDA per share
$3.75
Valuation Analysis Today of
INDT
P/E Ratio:
36.48
P/E Ratio of Competitors/Peers:
-
- & is 21.18% higher than the industry
Stock price/value with industry average P/E ratio: $37.93
INDT is 58.00% overvalued if valued using industry average P/E ratio
-
-
P/S (Price to Sales ratio):
13.96
Price to sales ratio is 166.87% above the industry mean
P/B (Price to book value ratio):
1.58
-
Price to free cash flow ratio is 44.81% higher than the industry
Net income growth rate (3Y):
-
Dividend Analysis
-
Dividend yeild: 1.05%
Previous Dividend: $0.16
Previous adjusted dividend: $0.16
Previous Dividend: $0.63
Expected next dividend best case: $0.97
Expected next dividend worst case: -$0.65
Average dividend payment (long-term): $0.47
Average dividend increase/decrease (growth rate) % per period: 35.37%
Expected next dividend payment date: 13/10/2022
Expected next dividend record date: 28/09/2022
-
Previous dividend payment date: 15/07/2022
Previous dividend record date: 30/06/2022
-
Dividend History:
2022-06-29--$0.16
2021-12-29--$0.16
2021-06-15--$0.15
2022-03-30--$0.16
2021-09-15--$0.15
2021-01-21--$1.99
Dividend growth rate is -11.92% lower than the industry average
In-depth Debt & Leverage Analysis
Debt to equity ratio:
44.15%
Net debt to equity ratio:
5.23%
Debt to assets ratio:
28.86%
Net debt to assets ratio:
3.42%
Debt-to-asset ratio is -46.16% below industry average
Ability to repay debt:
Interest coverage ratio:
5.76
Interest coverage ratio is -79.48% less than industry average
Looking forward:
Debt growth rate:
0.00%
-
Debt repayment rate in last quarter: 7.23%
Analysis of Key Statistics
Correlation of price movement with the market:
0.399
Statistical significance of correlation:
INDT has a statistically significant correlation with the market
Average Correlation of the industry with the market:
0.544
Stock price is -26.70% less correlated with the market compared to the industry average correlation
R Squared (percentage of price movement explained by movement of the market):
0.544
Correlation of price movement with Nasdaq (^IXIC):
-0.011
Covariance of price movement with the market:
-0.016
Kurtosis
8.387
Returns have a significant fat-tails (leptokurtic), i.e., returns considerably higher or lower than the mean returns are more probable, compared to assets with normally distributed returns
Skewness of returns:
0.176
Returns are, approximately, symmetrical
Fundamental Analysis & Dupont Analysis of
INDT
Gross Profit Margin Ratio:
299%
Operating Profit Margin Ratio:
11.04%
Operating profit margin is 9.29% higher than the industry
Net Profit Margin Ratio:
299%
Effective Tax Rate:
0.17%
Effective tax rate is -99.09% lower than the industry
Dupont Method
Net Profit Margin
Return on Equity Ratio (ROE):
×
ROA
=
×
3.93%
Return on equity (ROE) is -66.37% lower than the industry
Financial Leverage
Asset Turnover Ratio (ROA):
2.57%
Return on assets (ROA) is -46.74% lower than the industry
Financial Leverage:
1.4x
Current Ratio:
7.9
Current ratio is 6.63% above industry average
Cash Conversion Cycle (days):
22.8
Cash conversion cycle is 212.10% above industry average
The remaining useful life of property plant & equipment is: 1.1 years
Stock based compensation to net income ratio:
1.98%
In-depth Efficiency Analysis
Revenue generated per employee:
1.2M
Each employee generates 38% more revenue than industry average revenue per employee
EBITDA generated per employee:
1.1M
Each employee generates 297% more EBITDA than industry average revenue per employee
Profit generated per employee:
421.7K
Each employee generates 446% more net income/profit than industry average revenue per employee
Free cash flow (FCF) generated per employee:
- 1317.3K
Each employee generates 1024% more free cash flow than industry average revenue per employee
Assets/Capital per employee
11.8M
Each employee generates 1024% more free cash flow than industry average revenue per employee
Research & Development (R&D) Analysis
-
-
Competitors/Peer firms of
INDT
-
-
-
-
-
-
-
-
-
Current Analyst Ratings
Strong buy�0%
Buy�0%
Hold�0%
Sell�0%
Strong sell�0%
Overall analyst sentiment is: -
Income Statement
Period:
TTM
Date:
3/31/22
Revenue:
43.77M
Cost of Revenue:
Gross Profit:
R&D Expense
General & Admin Expenses:
Selling, General & Admin Expenses
Sales and Marketing Expenses
Other Expenses :
Operating Expenses :
Cost & Expenses :
Interest Income:
Interest Expenses:
Depreciation & Amortization:
EBITDA:
Operating Income:
Other Income Expenses:
Income Before Tax:
Income Tax Expense:
Net Income:
Balance Sheet
Date:
Calendar Year:
Period:
Cash & Cash Equivalents:
Short Term Investments:
Cash & Short Term Investments:
Net Receivables:
Inventory:
Other Current Assets:
Total Current Assets:
PP&E:
Goodwill:
Intangible Assets:
Long Term Investments:
Tax Assets:
Other Non-Current Assets:
Total Non-Current Assets:
Other Assets:
Total Assets:
Accounts Payable:
Short Term Debt:
Tax Payables:
Deferred Revenue:
Other Current Liabilities:
Total Current Liabilities:
Long Term Debt:
Other Non-Current Liabilities:
Total Non Current Liabilities:
Other Liabilities:
Total Liabilities:
Common Stock:
Retained Earnings:
Accumulated Other Comprehensive Loss:
Other Total Stockholders' Equity:
Total Stockholders' Equity:
Total Liabilities and Stockholders' Equity:
Total Investments:
Total Debt:
Net Debt:
10.99M
32.78M
-
11.78M
11.78M
-
16.17M
27.95M
-
6.65M
16.41M
38.26M
4.83M
15.18M
15.09M
26.00K
15.18M
Statement of Cash Flow
Date:
Period:
4.65M
Differed Income Tax :
-
Stock Based Compensation :
300.00K
Change in Working Capital :
2.61M
Accounts Receivables:
-
Other Working Capital:
- 1128.00K
Other Non-Cash Items:
- 23605.00K
Net Cash Provided by Operating Activities:
3.57M
Investments in PP&E:
- 50990.00K
Net Acquisitions:
-
Purchases of Investments:
-
Sales/Maturities of Investments:
Other Investing Activities:
Net Cash Used for Investing Activities:
Debt Repayment:
Common Stock Issued:
Common Stock Repurchased:
Dividend Paid:
Other Financing Activities:
Net Cash Used Provided by Financing Activities:
Effect of FOREX on Changes in Cash:
Net Changes in Cash:
Cash at End of Period:
Cash at Beginning of Period:
Operating Cash Flow:
Capital Expenditure:
Free Cash Flow (FCF):
12/31/21
2022
Q1
150.26M
-
150.26M
713.00K
-
14.20M
165.18M
10.76M
-
5.50M
-
-
409.21M
425.47M
-
590.65M
6.32M
-
-
9.54M
5.05M
20.91M
170.44M
13.22M
183.66M
-
204.57M
102.00K
- 10869.00K
- 2910.0K
399.75M
December 31, 2021 at 12:00:00 AM
38.94M
386.08M
590.65M
-
170.44M
20.2M
-
17.56M
- 33431.00K
- 13274.00K
152.80M
-
-
11.56M
151.08M
-
123.77M
160.91M
37.14M
3.57M
- 50990.00K
- 47422.00K
Our Proprietary Portfolio Rating
Our Rating:
B
Price Forecast/Expected Price in Next 5 Years of
INDT
2023
2024
2025
2026
2027
$58.86
$62.01
$65.33
$68.83
$72.51