-1.01%
-6.01%
-17.67%
-30.06%
-24.44%
-41.81%
-9.17%
AI Spotlight on PLYM
Company Description
Plymouth Industrial REIT, Inc.is a vertically integrated and self-managed real estate investment trust focused on the acquisition and operation of single and multi-tenant industrial properties located in secondary and select primary markets across the United States.The Company seeks to acquire properties that provide income and growth that enable the Company to leverage its real estate operating expertise to enhance shareholder value through active asset management, prudent property re-positioning and disciplined capital deployment.
Market Data
| Last Price | 16.73 |
| Change Percentage | -1.01% |
| Open | 16.87 |
| Previous Close | 16.9 |
| Market Cap ( Millions) | 759 |
| Volume | 160929 |
| Year High | 24.71 |
| Year Low | 16.37 |
| M A 50 | 17.94 |
| M A 200 | 20.92 |
Financial Ratios
| FCF Yield | 7.26% |
| Dividend Yield | 5.74% |
| ROE | 0.24% |
| Debt / Equity | 188.76% |
| Net Debt / EBIDTA | 660.42% |
| Price To Book | 1.73 |
| Price Earnings Ratio | 673.53 |
| Price To FCF | 13.78 |
| Price To sales | 3.77 |
| EV / EBITDA | 12.85 |
News
- Jan -24 - Plymouth Industrial Secures Lease in St. Louis, Sees Rent Growth
- Jan -23 - Plymouth Industrial REIT Inks Lease at Key St. Louis Building
- Jan -22 - CORRECTING and REPLACING -- Plymouth Industrial REIT Announces Tax Treatment of 2024 Dividends
- Jan -21 - Plymouth Industrial REIT Announces Tax Treatment of 2024 Dividends
- Jan -13 - Plymouth Industrial Shows Resilient Growth & Strategic Focus in Q4
- Jan -10 - Plymouth Industrial REIT Provides Activity Update for Fourth Quarter 2024
- Dec -27 - Innovative Industrial's Business Model Fails, While Plymouth Shows Resilience
- Dec -23 - Plymouth Buys Portfolio for $20.1M, Boosts Cincinnati Presence
- Dec -20 - Plymouth Industrial REIT Adds to its Presence in Cincinnati with Acquisition of Small Bay Industrial Portfolio for $20.1 Million
- Dec -13 - Plymouth Industrial REIT Declares Dividend for the Fourth Quarter of 2024
- Dec -07 - Sector Spotlight: Industrial REITs - Still A Real Estate Darling?
- Nov -22 - Undercovered Dozen: Canadian Solar, Plymouth Industrial, GameStop, Samsara +
- Nov -17 - Plymouth Industrial: Too Risky To Own
- Nov -15 - AIP Realty Trust Announces Securities Purchase Agreement to Acquire AllTrades Industrial Properties, LLC and Closing of Investment by Plymouth Industrial OP, LP, a subsidiary of Plymouth Industrial REIT, Inc.
- Nov -14 - Why REITs Will Pummel Stocks In 2025
- Nov -07 - Plymouth Industrial REIT, Inc. (PLYM) Q3 2024 Earnings Call Transcript
- Nov -07 - Plymouth Industrial (PLYM) Q3 FFO Lag Estimates
- Nov -06 - Plymouth Industrial REIT Reports Third Quarter 2024 Results
- Nov -06 - Plymouth Industrial REIT Upsizes Aggregate Borrowing Capacity to $1.5 Billion with New $600 Million Unsecured Credit Facility
- Oct -29 - Mopar Energizes 2024 SEMA Show With Plymouth GTX Electromod and Ram Sport Truck Concepts
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Same Store Portfolio
Expected Growth : 4.5 %
What the company do ?
Plymouth Industrial REIT's Same Store Portfolio refers to a subset of stabilized properties owned and operated by the company for at least a year, providing a consistent basis for evaluating operational performance.
Why we expect these perspectives ?
Plymouth Industrial REIT's 4.5% same-store portfolio growth is driven by strong demand for industrial space, particularly in e-commerce and logistics hubs. Additionally, the company's focus on strategic acquisitions, rent growth, and operational efficiencies have contributed to the growth. Furthermore, the REIT's diversified tenant base and long-term leases have provided a stable source of income, supporting the portfolio's growth.
Segment n°2 -> Acquisitions, Dispositions and Other
Expected Growth : 5.5 %
What the company do ?
Acquisitions, Dispositions and Other from Plymouth Industrial REIT, Inc. refers to the company's buying and selling of properties, and other non-operating items that affect its financial performance.
Why we expect these perspectives ?
Plymouth Industrial REIT's 5.5% growth is driven by strategic acquisitions of high-quality industrial properties, dispositions of non-core assets, and other value-enhancing initiatives. Acquisitions contribute 3.2% growth through expanding portfolio and increasing rent revenue. Dispositions add 1.2% growth by optimizing asset allocation and reducing debt. Other initiatives, such as rent increases and operating efficiencies, contribute 1.1% growth.
Plymouth Industrial Reit, Inc. Products
| Product Range | What is it ? |
|---|---|
| Industrial Real Estate Properties | Plymouth Industrial REIT, Inc. owns and operates a diverse portfolio of industrial real estate properties, including warehouses, distribution centers, and light industrial facilities. |
| Rental Income | Plymouth Industrial REIT, Inc. generates rental income from its portfolio of industrial properties, providing a steady stream of revenue. |
| Property Management Services | Plymouth Industrial REIT, Inc. offers property management services to its tenants, including maintenance, repairs, and administrative support. |
| Acquisition and Development Services | Plymouth Industrial REIT, Inc. acquires and develops industrial properties, providing a range of services including site selection, entitlements, and construction management. |
Plymouth Industrial REIT, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Plymouth Industrial REIT, Inc. is moderate due to the availability of alternative industrial properties and logistics services.
Bargaining Power Of Customers
The bargaining power of customers is low for Plymouth Industrial REIT, Inc. due to the fragmented nature of the industrial property market and the company's diversified tenant base.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate for Plymouth Industrial REIT, Inc. due to the company's dependence on a few large contractors and suppliers for property maintenance and development.
Threat Of New Entrants
The threat of new entrants is low for Plymouth Industrial REIT, Inc. due to the high barriers to entry in the industrial property market, including the need for significant capital and expertise.
Intensity Of Rivalry
The intensity of rivalry is high for Plymouth Industrial REIT, Inc. due to the competitive nature of the industrial property market, with many established players competing for tenants and properties.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 64.37% |
| Debt Cost | 3.95% |
| Equity Weight | 35.63% |
| Equity Cost | 10.82% |
| WACC | 6.40% |
| Leverage | 180.65% |
Plymouth Industrial REIT, Inc. : Quality Control
Plymouth Industrial REIT, Inc. passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ALX | Alexander's, Inc. is a real estate investment trust which has seven properties in the greater New York City metropolitan area. |
| ILPT | ILPT is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The … |
| MITT | AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-qualifying mortgages loans, government-sponsored entity … |
| SELF | Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible … |
| RMR | The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the United States. The company provides management services to its four publicly … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Global Self Storage
A-Score
1-Year Total Return ->
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RMR Group
A-Score
1-Year Total Return ->
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AG Mortgage Investment Trust
A-Score
1-Year Total Return ->
4
Alexanders
A-Score
1-Year Total Return ->
5
Plymouth Industrial REIT
A-Score
1-Year Total Return ->
6
