Alexander's, Inc. (ALX) vs SITE CENTERS CORP. (SITC)

Alexander's, Inc. and SITE CENTERS CORP. are both Reit Retail companies. Alexander's, Inc. is the larger, with a market value of $1.3B against $158.5M — 7.9× the size. SITE CENTERS CORP. trades at the lower P/E: 1.3× against 7.5×. Alexander's, Inc. grew revenue faster over the last twelve months: −1.51% against −58.6%. SITE CENTERS CORP. has the higher net margin (179.5% vs 79.1%) and the lower return on invested capital (−229.5% vs 5.49%). Both pay a dividend; Alexander's, Inc. yields more (6.23% vs 4.08%). Across the 22 metrics below, SITE CENTERS CORP. leads on 14 and Alexander's, Inc. on 8.

Valuation

Metric ALX SITC Reit Retail median
P/E 7.52 1.27 24.82
P/S 5.94 2.25 6.69
P/B 5.71 0.57 1.75
Price to free cash flow 5.79 0.23 13.29
EV/EBITDA 16.49 n/m 15.42
EV/Sales 8.16 2.36 10.60
Earnings yield 13.31% 78.76% 3.91%
Free cash flow yield 17.27% 443.19% 2.98%

Profitability

Metric ALX SITC Reit Retail median
Gross margin 48.51% 61.50% 71.78%
Operating margin 28.61% (210.81%) 34.62%
Net margin 79.06% 179.48% 27.14%
Free cash flow margin 102.58% 998.59% 18.82%
Return on equity 92.02% 33.27% 7.05%
Return on assets 13.46% 19.32% 3.40%
Return on invested capital 5.49% (229.47%) 3.18%

Growth

Metric ALX SITC Reit Retail median
Revenue growth (TTM) (1.51%) (58.57%) 8.49%
EPS growth (last fiscal year) (34.99%) (65.61%) —
Revenue growth, 5-year CAGR 1.37% (23.12%) 8.62%
Net income growth, 5-year CAGR (7.62%) 63.57% 1.85%

Health

Metric ALX SITC Reit Retail median
Debt to equity 3.73 0.00 0.94
Current ratio 16.78 8.22 1.62
Net debt to EBITDA 5.76 2.11 5.40

Dividend

Metric ALX SITC Reit Retail median
Dividend yield 6.23% 4.08% 4.57%
Payout ratio 0.89 1.08 1.21

Size

Metric ALX SITC Reit Retail median
Market cap 1.25b 158.48m 3.65b

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