Alset Inc. (AEI) vs Logistic Properties of the Americas (LPA)

Alset Inc. and Logistic Properties of the Americas are both Real Estate Development companies. Logistic Properties of the Americas is the larger, with a market value of $89.4M against $31.9M — 2.8× the size. Alset Inc. has negative trailing earnings, so its P/E is not meaningful; Logistic Properties of the Americas trades at 5.4×. Logistic Properties of the Americas grew revenue faster over the last twelve months: 21.4% against −73.4%. Logistic Properties of the Americas has the higher net margin (31.0% vs −951.5%) and the higher return on invested capital (5.97% vs −7.35%). Across the 18 metrics below, Logistic Properties of the Americas leads on 13 and Alset Inc. on 5.

Valuation

Metric AEI LPA Real Estate Development median
P/E n/m 5.43 7.17
P/S 7.10 1.67 1.63
P/B 0.25 0.27 0.70
Price to free cash flow n/m n/m 7.76
EV/EBITDA n/m 6.24 11.00
EV/Sales 4.29 6.82 2.43
Earnings yield (207.69%) 18.43% 7.33%
Free cash flow yield (29.15%) (7.80%) (1.59%)

Profitability

Metric AEI LPA Real Estate Development median
Gross margin 29.02% 100.00% 29.60%
Operating margin (302.11%) 107.75% (2.67%)
Net margin (951.45%) 30.97% 3.36%
Free cash flow margin (206.95%) (13.00%) (0.89%)
Return on equity (39.97%) 5.57% 0.56%
Return on assets (38.54%) 2.51% 1.11%
Return on invested capital (7.35%) 5.97% 0.00%

Growth

Metric AEI LPA Real Estate Development median
Revenue growth (TTM) (73.41%) 21.37% 11.77%
EPS growth (last fiscal year) (416.28%) 135.11% —
Revenue growth, 5-year CAGR (25.74%) — 5.69%
Net income growth, 5-year CAGR 0.00% 20.53% 0.00%

Health

Metric AEI LPA Real Estate Development median
Debt to equity 0.00 0.94 0.37
Current ratio 10.72 1.80 0.63
Net debt to EBITDA 1.81 5.71 1.81

Dividend

Metric AEI LPA Real Estate Development median
Dividend yield — — —
Payout ratio 0.00 0.00 0.00

Size

Metric AEI LPA Real Estate Development median
Market cap 31.90m 89.39m 178.40m

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