Alexander & Baldwin Holdings Inc
Alexander & Baldwin, Inc. is the only publicly traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 4.0 million square feet of commercial space in Hawai'i, including 21 retail centers, 14 industrial assets, four office properties, … Read more
Alexander & Baldwin Holdings Inc (ALEX) - Net Assets
Latest net assets as of September 2025: $1.01 Billion USD
Based on the latest financial reports, Alexander & Baldwin Holdings Inc (ALEX) has net assets worth $1.01 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.66 Billion) and total liabilities ($645.66 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.01 Billion |
| % of Total Assets | 61.04% |
| Annual Growth Rate | -0.52% |
| 5-Year Change | -8.44% |
| 10-Year Change | -18.22% |
| Growth Volatility | 26.64 |
Alexander & Baldwin Holdings Inc - Net Assets Trend (2009–2024)
This chart illustrates how Alexander & Baldwin Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alexander & Baldwin Holdings Inc (2009–2024)
The table below shows the annual net assets of Alexander & Baldwin Holdings Inc from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.00 Billion | +0.05% |
| 2023-12-31 | $1.00 Billion | -3.16% |
| 2022-12-31 | $1.04 Billion | -3.52% |
| 2021-12-31 | $1.07 Billion | -2.06% |
| 2020-12-31 | $1.10 Billion | -2.89% |
| 2019-12-31 | $1.13 Billion | -6.59% |
| 2018-12-31 | $1.21 Billion | +85.58% |
| 2017-12-31 | $651.10 Million | -46.33% |
| 2016-12-31 | $1.21 Billion | -1.13% |
| 2015-12-31 | $1.23 Billion | +1.01% |
| 2014-12-31 | $1.21 Billion | +3.40% |
| 2013-12-31 | $1.17 Billion | +28.48% |
| 2012-12-31 | $914.40 Million | -18.58% |
| 2011-12-31 | $1.12 Billion | -1.14% |
| 2010-12-31 | $1.14 Billion | +4.70% |
| 2009-12-31 | $1.08 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alexander & Baldwin Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 187.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.81 Billion | 180.52% |
| Other Comprehensive Income | $6.13 Million | 0.61% |
| Total Equity | $1.00 Billion | 100.00% |
Alexander & Baldwin Holdings Inc Competitors by Market Cap
The table below lists competitors of Alexander & Baldwin Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sims Limited
PINK:SMUPF
|
$1.50 Billion |
|
Seazen Holdings Co Ltd
SHG:601155
|
$1.50 Billion |
|
V2X INC. DL-01
F:1V1
|
$1.50 Billion |
|
Walker & Dunlop Inc
NYSE:WD
|
$1.50 Billion |
|
YTL Corporation Berhad
PINK:YTLCF
|
$1.50 Billion |
|
Antong Holdings Co Ltd
SHG:600179
|
$1.50 Billion |
|
Region Group
AU:RGN
|
$1.50 Billion |
|
O-I Glass Inc
NYSE:OI
|
$1.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alexander & Baldwin Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,003,011,000 to 1,003,543,000, a change of 532,000 (0.1%).
- Net income of 60,537,000 contributed positively to equity growth.
- Dividend payments of 64,980,000 reduced retained earnings.
- Share repurchases of 2,983,000 reduced equity.
- Other comprehensive income increased equity by 2,884,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $60.54 Million | +6.03% |
| Dividends Paid | $64.98 Million | -6.48% |
| Share Repurchases | $2.98 Million | -0.3% |
| Other Comprehensive Income | $2.88 Million | +0.29% |
| Other Changes | $5.07 Million | +0.51% |
| Total Change | $- | 0.05% |
Book Value vs Market Value Analysis
This analysis compares Alexander & Baldwin Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.51x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.79x to 1.51x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $26.40 | $20.84 | x |
| 2010-12-31 | $27.05 | $20.84 | x |
| 2011-12-31 | $27.52 | $20.84 | x |
| 2012-12-31 | $21.31 | $20.84 | x |
| 2013-12-31 | $26.05 | $20.84 | x |
| 2014-12-31 | $24.42 | $20.84 | x |
| 2015-12-31 | $24.89 | $20.84 | x |
| 2016-12-31 | $24.48 | $20.84 | x |
| 2017-12-31 | $12.20 | $20.84 | x |
| 2018-12-31 | $17.03 | $20.84 | x |
| 2019-12-31 | $15.58 | $20.84 | x |
| 2020-12-31 | $15.14 | $20.84 | x |
| 2021-12-31 | $14.69 | $20.84 | x |
| 2022-12-31 | $14.27 | $20.84 | x |
| 2023-12-31 | $13.78 | $20.84 | x |
| 2024-12-31 | $13.79 | $20.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alexander & Baldwin Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.03%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.58%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.66x
- Recent ROE (6.03%) is above the historical average (3.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 4.06% | 3.15% | 0.59x | 2.19x | $-64.50 Million |
| 2010 | 8.10% | 35.14% | 0.10x | 2.20x | $-21.60 Million |
| 2011 | 3.03% | 14.46% | 0.09x | 2.27x | $-78.30 Million |
| 2012 | 2.24% | 7.84% | 0.18x | 1.57x | $-70.94 Million |
| 2013 | 3.14% | 10.10% | 0.16x | 1.95x | $-80.58 Million |
| 2014 | 5.10% | 13.46% | 0.20x | 1.94x | $-58.99 Million |
| 2015 | 2.41% | 6.26% | 0.21x | 1.83x | $-93.11 Million |
| 2016 | -0.84% | -2.63% | 0.18x | 1.78x | $-131.13 Million |
| 2017 | 35.32% | 53.65% | 0.19x | 3.45x | $163.66 Million |
| 2018 | -5.75% | -10.74% | 0.29x | 1.85x | $-189.46 Million |
| 2019 | -3.24% | -8.36% | 0.21x | 1.85x | $-148.91 Million |
| 2020 | 0.51% | 2.94% | 0.09x | 1.86x | $-104.01 Million |
| 2021 | 3.32% | 13.94% | 0.14x | 1.76x | $-71.26 Million |
| 2022 | -4.89% | -21.97% | 0.13x | 1.73x | $-154.23 Million |
| 2023 | 2.97% | 14.27% | 0.13x | 1.64x | $-70.50 Million |
| 2024 | 6.03% | 25.58% | 0.14x | 1.66x | $-39.82 Million |
Industry Comparison
This section compares Alexander & Baldwin Holdings Inc's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $24,379,456,252
- Average return on equity (ROE) among peers: 3.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alexander & Baldwin Holdings Inc (ALEX) | $1.01 Billion | 4.06% | 0.64x | $1.50 Billion |
| Agree Realty Corporation (ADC) | $137.98 Million | 10.88% | 0.90x | $9.41 Billion |
| AEORF (AEORF) | $210.91 Billion | 5.61% | 0.83x | $1.34 Billion |
| Acadia Realty Trust (AKR) | $83.00 Million | 4.58% | 2.01x | $2.69 Billion |
| Alexanders Inc (ALX) | $50.92 Million | -34.84% | 17.09x | $515.62 Million |
| Saul Centers Inc (BFS) | $-4.60 Million | 0.00% | 0.00x | $453.57 Million |
| Brixmor Property (BRX) | $2.72 Billion | 9.94% | 2.08x | $8.61 Billion |
| CBL & Associates Properties Inc (CBL) | $1.08 Billion | 10.83% | 4.49x | $694.28 Million |
| Capital & Counties Properties PLC (CCPPF) | $2.51 Billion | 17.90% | 0.23x | $1.88 Billion |
| CapitaLand China Trust (CLDHF) | $1.93 Billion | 4.63% | 1.02x | $745.61 Million |