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Alpine Income Property Trust Inc
NYSE:PINE

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Alpine Income Property Trust Inc Logo
Alpine Income Property Trust Inc
NYSE:PINE
Watchlist
Price: 16.35 USD +2.77% Market Closed
Updated: Mar 25, 2023

Intrinsic Value

The intrinsic value of one PINE stock under the Base Case scenario is 28.64 USD. Compared to the current market price of 16.35 USD, Alpine Income Property Trust Inc is Undervalued by 43%.

The Intrinsic Value is calculated as the average of the two valuation methods:

PINE Intrinsic Value
Base Case
28.64 USD
Undervaluation 43%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Fundamental Analysis

PINE Profitability Score
Profitability Due Diligence

Alpine Income Property Trust Inc's profitability score is 55/100. The higher the profitability score, the more profitable the company is.

Negative Free Cash Flow
Low 3-Year Average ROIC
Low 3-Year Average ROE
Low ROIC
55/100
Profitability
Score

Alpine Income Property Trust Inc's profitability score is 55/100. The higher the profitability score, the more profitable the company is.

PINE Solvency Score
Solvency Due Diligence

Alpine Income Property Trust Inc's solvency score is 31/100. The higher the solvency score, the more solvent the company is.

Average Interest Coverage
Low Altman Z-Score
Positive Net Debt
Average D/E
31/100
Solvency
Score

Alpine Income Property Trust Inc's solvency score is 31/100. The higher the solvency score, the more solvent the company is.

Financials

Balance Sheet Decomposition
Alpine Income Property Trust Inc

Current Assets 12.4M
Cash & Short-Term Investments 9M
Receivables 1.2M
Other Current Assets 2.2M
Non-Current Assets 561M
PP&E 479M
Intangibles 60.4M
Other Non-Current Assets 21.9M
Current Liabilities 4.4M
Accounts Payable 182k
Accrued Liabilities 3.3M
Other Current Liabilities 932k
Non-Current Liabilities 307M
Long-Term Debt 267M
Other Non-Current Liabilities 40.3M
Efficiency
88%
Gross Margin
23%
Operating Margin
66%
Net Margin
-364%
FCF Margin
Other

PINE Capital Structure
Alpine Income Property Trust Inc

Market Capitalization 219M USD
Total Debt 267M USD
Minority Interest 33.8M USD
Preferred Equity 0 USD
Cash and Equivalents 9M USD
Short-Term Investments 0 USD
Enterprise Value 511M USD

Wall St
Price Targets

PINE Price Targets Summary
Alpine Income Property Trust Inc

Wall Street analysts forecast PINE stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PINE is 22.82 USD with a low forecast of 19.19 USD and a high forecast of 26.25 USD.

Lowest
Price Target
19.19 USD
17% Upside
Average
Price Target
22.82 USD
40% Upside
Highest
Price Target
26.25 USD
61% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

PINE Competitors
Alpine Income Property Trust Inc

PINE Suppliers & Customers
Alpine Income Property Trust Inc

There is no information about
Alpine Income Property Trust Inc
key suppliers
Customers Map

Ownership

PINE Insider Trading
Buy and sell transactions by insiders

Alpine Income Property Trust Inc insiders have only bought shares in the past 12 months.

During the last 12 months Alpine Income Property Trust Inc insiders bought 4.8M USD , and have not sold any shares. The last transaction was made on Mar 25, 2023 by Cto Realty Growth, Inc. (10 percent owner), who bought 206k USD worth of PINE shares.

Sold
0-3
months
0 USD
0
3-6
months
0 USD
0
6-9
months
0 USD
0
9-12
months
0 USD
0
Bought
0-3
months
2
2.1M USD
3-6
months
1
616k USD
6-9
months
1
327k USD
9-12
months
1
1.7M USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
N/A
2.1M USD
2.1M
6 Months
N/A
2.7M USD
2.7M
9 Months
N/A
3.1M USD
3.1M
12 Months
N/A
4.8M USD
4.8M
Purchases
95
Sales
0
No transactions found
Why is insider trading important?

Shareholder Return

PINE Return Decomposition
Main factors of price return

Market capitalization of PINE shares decreased by 3.88% over the past 5 years. The primary factor behind the change was a decrease in P/E multiple from 55.7 to 7.4, leading to a drop in the market capitalization of Alpine Income Property Trust Inc by 198.33%.

Market capitalization of PINE shares decreased by 3.88% over the past 5 years. The primary factor behind the change was a decrease in P/E multiple from 55.7 to 7.4, leading to a drop in the market capitalization of Alpine Income Property Trust Inc by 198.33%.

-3.88%
228M 219M
Market Cap Growth
-198.33%
55.7 7.4
P/E Change
+194.46%
4.1M 29.7M
Earnings Growth
Market Cap Growth
-3.88%
P/E Change
-198.33%
Earnings Growth
+194.46%
What is price return decomposition?

PINE Price
Alpine Income Property Trust Inc

1M 1M
-11%
6M 6M
-3%
1Y 1Y
-8%
3Y 3Y
+50%
5Y 5Y
+2%
Annual Price Range
16.35
52w Low
15.54
52w High
20.64
Price Metrics
Average Annual Return 11.2%
Standard Deviation of Annual Returns 37.75%
Max Drawdown -60%
Shares Statistics
Market Capitalization 219M USD
Shares Outstanding 14 204 300
Percentage of Shares Shorted 0.56%

Company Profile

Alpine Income Property Trust Inc Logo
Alpine Income Property Trust Inc

Country

United States of America

Industry

Real Estate

Market Cap

219M USD

Dividend Yield

6.64%

Description

Alpine Income Property Trust, Inc. is a real estate company, which owns and operates portfolio of single-tenant commercial properties. The company is headquartered in Daytona Beach, Florida and currently employs 0 full-time employees. The company went IPO on 2019-11-22. The firm's investment objective is to maximize cash flow and value per share by generating growing cash flows and risk-adjusted returns through owning, operating and growing a portfolio of net leased commercial properties. Its portfolio is comprised of net leased properties primarily located in or in close proximity to prime Metropolitan Statistical Areas and other markets in the United States. The properties in its portfolio are primarily triple-net leases, which requires the tenant to pay all of the property operating expenses, such as real estate taxes, insurance, assessments and other governmental fees, utilities, repairs and maintenance and certain capital expenditures. Its portfolio consists of approximately 112 net leased retail properties located in approximately 76 markets in 32 states.

Contact

FLORIDA
Daytona Beach
1140 N Williamson Blvd Ste 140
+13862742202.0
https://alpinereit.com/

IPO

2019-11-22

Employees

-

Officers

Pres, CEO & Director
Mr. John P. Albright
Sr. VP, CFO & Treasurer
Mr. Matthew Morris Partridge
Sr. VP & Chief Investment Officer
Mr. Steven Robert Greathouse
VP & Chief Accounting Officer
Ms. Lisa M. Vorakoun
Sr. VP, Gen. Counsel & Corp. Sec.
Mr. Daniel E. Smith Esq.

See Also

Similar Stocks
What is the Intrinsic Value of one PINE stock?

The intrinsic value of one PINE stock under the Base Case scenario is 28.64 USD.

Is PINE stock undervalued or overvalued?

Compared to the current market price of 16.35 USD, Alpine Income Property Trust Inc is Undervalued by 43%.