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ALEX vs UE
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Diversified
ALEX vs UE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Retail | REIT - Diversified |
| Market Cap | $1.52B | $2.78B |
| Revenue (TTM) | $207M | $486M |
| Net Income (TTM) | $65M | $108M |
| Gross Margin | 46.5% | 25.3% |
| Operating Margin | 41.8% | 29.0% |
| Forward P/E | 31.1x | 47.6x |
| Total Debt | $506M | $1.67B |
| Cash & Equiv. | $11M | $49M |
ALEX vs UE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | Mar 26 | Return |
|---|---|---|---|
| Alexander & Baldwin… (ALEX) | 100 | 182.6 | +82.6% |
| Urban Edge Properti… (UE) | 100 | 217.9 | +117.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ALEX vs UE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ALEX carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 5 yrs, beta 0.27, yield 4.3%
- 73.4% 10Y total return vs UE's 7.5%
- Lower volatility, beta 0.27, Low D/E 51.2%, current ratio 1.01x
UE is the clearest fit if your priority is growth exposure.
- Rev growth 6.1%, EPS growth 23.3%, 3Y rev CAGR 5.8%
- 6.1% FFO/revenue growth vs ALEX's -12.7%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 6.1% FFO/revenue growth vs ALEX's -12.7% | |
| Value | Lower P/E (31.1x vs 47.6x) | |
| Quality / Margins | 31.3% margin vs UE's 22.2% | |
| Stability / Safety | Beta 0.27 vs UE's 0.48, lower leverage | |
| Dividends | 4.3% yield, 5-year raise streak, vs UE's 3.4% | |
| Momentum (1Y) | +25.2% vs UE's +24.3% | |
| Efficiency (ROA) | 3.9% ROA vs UE's 3.2%, ROIC 3.5% vs 3.2% |
ALEX vs UE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
ALEX vs UE — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — ALEX and UE each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
UE is the larger business by revenue, generating $486M annually — 2.4x ALEX's $207M. ALEX is the more profitable business, keeping 31.3% of every revenue dollar as net income compared to UE's 22.2%. On growth, UE holds the edge at +12.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $207M | $486M |
| EBITDAEarnings before interest/tax | $110M | $276M |
| Net IncomeAfter-tax profit | $65M | $108M |
| Free Cash FlowCash after capex | $27M | $189M |
| Gross MarginGross profit ÷ Revenue | +46.5% | +25.3% |
| Operating MarginEBIT ÷ Revenue | +41.8% | +29.0% |
| Net MarginNet income ÷ Revenue | +31.3% | +22.2% |
| FCF MarginFCF ÷ Revenue | +13.2% | +38.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | -18.4% | +12.2% |
| EPS Growth (YoY)Latest quarter vs prior year | -69.5% | +157.1% |
Valuation Metrics
Evenly matched — ALEX and UE each lead in 3 of 6 comparable metrics.
Valuation Metrics
At 23.4x trailing earnings, ALEX trades at a 21% valuation discount to UE's 29.8x P/E. On an enterprise value basis, UE's 16.6x EV/EBITDA is more attractive than ALEX's 23.3x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.5B | $2.8B |
| Enterprise ValueMkt cap + debt − cash | $2.0B | $4.4B |
| Trailing P/EPrice ÷ TTM EPS | 23.42x | 29.80x |
| Forward P/EPrice ÷ next-FY EPS est. | 31.10x | 47.56x |
| PEG RatioP/E ÷ EPS growth rate | 0.37x | — |
| EV / EBITDAEnterprise value multiple | 23.32x | 16.55x |
| Price / SalesMarket cap ÷ Revenue | 7.34x | 5.89x |
| Price / BookPrice ÷ Book value/share | 1.54x | 2.02x |
| Price / FCFMarket cap ÷ FCF | 55.58x | 15.21x |
Profitability & Efficiency
ALEX leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
UE delivers a 7.8% return on equity — every $100 of shareholder capital generates $8 in annual profit, vs $6 for ALEX. ALEX carries lower financial leverage with a 0.51x debt-to-equity ratio, signaling a more conservative balance sheet compared to UE's 1.21x. On the Piotroski fundamental quality scale (0–9), UE scores 8/9 vs ALEX's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +6.4% | +7.8% |
| ROA (TTM)Return on assets | +3.9% | +3.2% |
| ROICReturn on invested capital | +3.5% | +3.2% |
| ROCEReturn on capital employed | +4.5% | +3.9% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 8 |
| Debt / EquityFinancial leverage | 0.51x | 1.21x |
| Net DebtTotal debt minus cash | $495M | $1.6B |
| Cash & Equiv.Liquid assets | $11M | $49M |
| Total DebtShort + long-term debt | $506M | $1.7B |
| Interest CoverageEBIT ÷ Interest expense | 3.13x | 2.28x |
Total Returns (Dividends Reinvested)
Evenly matched — ALEX and UE each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ALEX five years ago would be worth $13,552 today (with dividends reinvested), compared to $13,434 for UE. Over the past 12 months, ALEX leads with a +25.2% total return vs UE's +24.3%. The 3-year compound annual growth rate (CAGR) favors UE at 18.6% vs ALEX's 8.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +0.9% | +16.5% |
| 1-Year ReturnPast 12 months | +25.2% | +24.3% |
| 3-Year ReturnCumulative with dividends | +26.9% | +66.8% |
| 5-Year ReturnCumulative with dividends | +35.5% | +34.3% |
| 10-Year ReturnCumulative with dividends | +73.4% | +7.5% |
| CAGR (3Y)Annualised 3-year return | +8.3% | +18.6% |
Risk & Volatility
ALEX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
ALEX is the less volatile stock with a 0.27 beta — it tends to amplify market swings less than UE's 0.48 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.27x | 0.48x |
| 52-Week HighHighest price in past year | $21.02 | $22.26 |
| 52-Week LowLowest price in past year | $15.07 | $17.46 |
| % of 52W HighCurrent price vs 52-week peak | +99.1% | +99.1% |
| RSI (14)Momentum oscillator 0–100 | 65.1 | 59.2 |
| Avg Volume (50D)Average daily shares traded | 1.5M | 892K |
Analyst Outlook
ALEX leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates ALEX as "Buy" and UE as "Hold". Consensus price targets imply 0.5% upside for ALEX (target: $21) vs -4.8% for UE (target: $21). For income investors, ALEX offers the higher dividend yield at 4.32% vs UE's 3.44%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $20.95 | $21.00 |
| # AnalystsCovering analysts | 8 | 7 |
| Dividend YieldAnnual dividend ÷ price | +4.3% | +3.4% |
| Dividend StreakConsecutive years of raises | 5 | 3 |
| Dividend / ShareAnnual DPS | $0.90 | $0.76 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.4% | +0.0% |
ALEX leads in 3 of 6 categories — strongest in Profitability & Efficiency and Risk & Volatility. 3 categories are tied.
ALEX vs UE: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is ALEX or UE a better buy right now?
For growth investors, Urban Edge Properties (UE) is the stronger pick with 6.
1% revenue growth year-over-year, versus -12. 7% for Alexander & Baldwin, Inc. (ALEX). Alexander & Baldwin, Inc. (ALEX) offers the better valuation at 23. 4x trailing P/E (31. 1x forward), making it the more compelling value choice. Analysts rate Alexander & Baldwin, Inc. (ALEX) a "Buy" — based on 8 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — ALEX or UE?
On trailing P/E, Alexander & Baldwin, Inc.
(ALEX) is the cheapest at 23. 4x versus Urban Edge Properties at 29. 8x. On forward P/E, Alexander & Baldwin, Inc. is actually cheaper at 31. 1x.
03Which is the better long-term investment — ALEX or UE?
Over the past 5 years, Alexander & Baldwin, Inc.
(ALEX) delivered a total return of +35. 5%, compared to +34. 3% for Urban Edge Properties (UE). Over 10 years, the gap is even starker: ALEX returned +73. 4% versus UE's +7. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — ALEX or UE?
By beta (market sensitivity over 5 years), Alexander & Baldwin, Inc.
(ALEX) is the lower-risk stock at 0. 27β versus Urban Edge Properties's 0. 48β — meaning UE is approximately 80% more volatile than ALEX relative to the S&P 500. On balance sheet safety, Alexander & Baldwin, Inc. (ALEX) carries a lower debt/equity ratio of 51% versus 121% for Urban Edge Properties — giving it more financial flexibility in a downturn.
05Which is growing faster — ALEX or UE?
By revenue growth (latest reported year), Urban Edge Properties (UE) is pulling ahead at 6.
1% versus -12. 7% for Alexander & Baldwin, Inc. (ALEX). On earnings-per-share growth, the picture is similar: Urban Edge Properties grew EPS 23. 3% year-over-year, compared to 7. 2% for Alexander & Baldwin, Inc.. Over a 3-year CAGR, UE leads at 5. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — ALEX or UE?
Alexander & Baldwin, Inc.
(ALEX) is the more profitable company, earning 31. 3% net margin versus 19. 8% for Urban Edge Properties — meaning it keeps 31. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ALEX leads at 32. 9% versus 26. 8% for UE. At the gross margin level — before operating expenses — ALEX leads at 46. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is ALEX or UE more undervalued right now?
On forward earnings alone, Alexander & Baldwin, Inc.
(ALEX) trades at 31. 1x forward P/E versus 47. 6x for Urban Edge Properties — 16. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ALEX: 0. 5% to $20. 95.
08Which pays a better dividend — ALEX or UE?
All stocks in this comparison pay dividends.
Alexander & Baldwin, Inc. (ALEX) offers the highest yield at 4. 3%, versus 3. 4% for Urban Edge Properties (UE).
09Is ALEX or UE better for a retirement portfolio?
For long-horizon retirement investors, Alexander & Baldwin, Inc.
(ALEX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 27), 4. 3% yield). Both have compounded well over 10 years (ALEX: +73. 4%, UE: +7. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between ALEX and UE?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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