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ALEX vs WHLR
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Retail
ALEX vs WHLR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Retail | REIT - Retail |
| Market Cap | $1.52B | $127M |
| Revenue (TTM) | $207M | $99M |
| Net Income (TTM) | $65M | $12M |
| Gross Margin | 46.5% | 66.8% |
| Operating Margin | 41.8% | 38.8% |
| Forward P/E | 31.1x | — |
| Total Debt | $506M | $484M |
| Cash & Equiv. | $11M | $24M |
ALEX vs WHLR — 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% |
| Wheeler Real Estate… (WHLR) | 100 | 0.0 | -100.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ALEX vs WHLR
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 sleep-well-at-night.
- Dividend streak 5 yrs, beta 0.27, yield 4.3%
- Lower volatility, beta 0.27, Low D/E 51.2%, current ratio 1.01x
- 31.3% margin vs WHLR's 11.9%
WHLR is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth -4.0%, EPS growth 100.0%, 3Y rev CAGR 9.4%
- 100.2% 10Y total return vs ALEX's 73.4%
- Beta 2.39, yield 5.2%, current ratio 8.91x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -4.0% FFO/revenue growth vs ALEX's -12.7% | |
| Value | Better valuation composite | |
| Quality / Margins | 31.3% margin vs WHLR's 11.9% | |
| Stability / Safety | Beta 0.27 vs WHLR's 2.39, lower leverage | |
| Dividends | 4.3% yield, 5-year raise streak, vs WHLR's 5.2% | |
| Momentum (1Y) | +25.2% vs WHLR's -99.8% | |
| Efficiency (ROA) | 3.9% ROA vs WHLR's 1.9%, ROIC 3.5% vs 4.9% |
ALEX vs WHLR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
ALEX vs WHLR — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ALEX leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ALEX is the larger business by revenue, generating $207M annually — 2.1x WHLR's $99M. ALEX is the more profitable business, keeping 31.3% of every revenue dollar as net income compared to WHLR's 11.9%. On growth, WHLR holds the edge at -8.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $207M | $99M |
| EBITDAEarnings before interest/tax | $110M | $62M |
| Net IncomeAfter-tax profit | $65M | $12M |
| Free Cash FlowCash after capex | $27M | $4M |
| Gross MarginGross profit ÷ Revenue | +46.5% | +66.8% |
| Operating MarginEBIT ÷ Revenue | +41.8% | +38.8% |
| Net MarginNet income ÷ Revenue | +31.3% | +11.9% |
| FCF MarginFCF ÷ Revenue | +13.2% | +4.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | -18.4% | -8.8% |
| EPS Growth (YoY)Latest quarter vs prior year | -69.5% | -100.0% |
Valuation Metrics
WHLR leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, WHLR's 9.9x EV/EBITDA is more attractive than ALEX's 23.3x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.5B | $127M |
| Enterprise ValueMkt cap + debt − cash | $2.0B | $587M |
| Trailing P/EPrice ÷ TTM EPS | 23.42x | -0.03x |
| Forward P/EPrice ÷ next-FY EPS est. | 31.10x | — |
| PEG RatioP/E ÷ EPS growth rate | 0.37x | — |
| EV / EBITDAEnterprise value multiple | 23.32x | 9.88x |
| Price / SalesMarket cap ÷ Revenue | 7.34x | 1.27x |
| Price / BookPrice ÷ Book value/share | 1.54x | 1.34x |
| Price / FCFMarket cap ÷ FCF | 55.58x | 31.60x |
Profitability & Efficiency
WHLR leads this category, winning 5 of 8 comparable metrics.
Profitability & Efficiency
WHLR delivers a 12.5% return on equity — every $100 of shareholder capital generates $12 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 WHLR's 5.11x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +6.4% | +12.5% |
| ROA (TTM)Return on assets | +3.9% | +1.9% |
| ROICReturn on invested capital | +3.5% | +4.9% |
| ROCEReturn on capital employed | +4.5% | +6.0% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 6 |
| Debt / EquityFinancial leverage | 0.51x | 5.11x |
| Net DebtTotal debt minus cash | $495M | $460M |
| Cash & Equiv.Liquid assets | $11M | $24M |
| Total DebtShort + long-term debt | $506M | $484M |
| Interest CoverageEBIT ÷ Interest expense | 3.13x | 1.44x |
Total Returns (Dividends Reinvested)
ALEX leads this category, winning 5 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 $0 for WHLR. Over the past 12 months, ALEX leads with a +25.2% total return vs WHLR's -99.8%. The 3-year compound annual growth rate (CAGR) favors ALEX at 8.3% vs WHLR's -99.0% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +0.9% | -93.0% |
| 1-Year ReturnPast 12 months | +25.2% | -99.8% |
| 3-Year ReturnCumulative with dividends | +26.9% | -100.0% |
| 5-Year ReturnCumulative with dividends | +35.5% | -100.0% |
| 10-Year ReturnCumulative with dividends | +73.4% | +100.2% |
| CAGR (3Y)Annualised 3-year return | +8.3% | -99.0% |
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 WHLR's 2.39 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ALEX currently trades 99.1% from its 52-week high vs WHLR's 0.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.27x | 2.39x |
| 52-Week HighHighest price in past year | $21.02 | $904.50 |
| 52-Week LowLowest price in past year | $15.07 | $1.03 |
| % of 52W HighCurrent price vs 52-week peak | +99.1% | +0.1% |
| RSI (14)Momentum oscillator 0–100 | 65.1 | 32.6 |
| Avg Volume (50D)Average daily shares traded | 1.5M | 238K |
Analyst Outlook
Evenly matched — ALEX and WHLR each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates ALEX as "Buy" and WHLR as "Buy". For income investors, WHLR offers the higher dividend yield at 5.15% vs ALEX's 4.32%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $20.95 | — |
| # AnalystsCovering analysts | 8 | 5 |
| Dividend YieldAnnual dividend ÷ price | +4.3% | +5.2% |
| Dividend StreakConsecutive years of raises | 5 | 1 |
| Dividend / ShareAnnual DPS | $0.90 | $0.06 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.4% | 0.0% |
ALEX leads in 3 of 6 categories (Income & Cash Flow, Total Returns). WHLR leads in 2 (Valuation Metrics, Profitability & Efficiency). 1 tied.
ALEX vs WHLR: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is ALEX or WHLR a better buy right now?
For growth investors, Wheeler Real Estate Investment Trust, Inc.
(WHLR) is the stronger pick with -4. 0% 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 is the better long-term investment — ALEX or WHLR?
Over the past 5 years, Alexander & Baldwin, Inc.
(ALEX) delivered a total return of +35. 5%, compared to -100. 0% for Wheeler Real Estate Investment Trust, Inc. (WHLR). Over 10 years, the gap is even starker: WHLR returned +100. 2% versus ALEX's +73. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — ALEX or WHLR?
By beta (market sensitivity over 5 years), Alexander & Baldwin, Inc.
(ALEX) is the lower-risk stock at 0. 27β versus Wheeler Real Estate Investment Trust, Inc. 's 2. 39β — meaning WHLR is approximately 792% 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 5% for Wheeler Real Estate Investment Trust, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — ALEX or WHLR?
By revenue growth (latest reported year), Wheeler Real Estate Investment Trust, Inc.
(WHLR) is pulling ahead at -4. 0% versus -12. 7% for Alexander & Baldwin, Inc. (ALEX). On earnings-per-share growth, the picture is similar: Wheeler Real Estate Investment Trust, Inc. grew EPS 100. 0% year-over-year, compared to 7. 2% for Alexander & Baldwin, Inc.. Over a 3-year CAGR, WHLR leads at 9. 4% 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.
05Which has better profit margins — ALEX or WHLR?
Alexander & Baldwin, Inc.
(ALEX) is the more profitable company, earning 31. 3% net margin versus 8. 7% for Wheeler Real Estate Investment Trust, Inc. — meaning it keeps 31. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: WHLR leads at 36. 4% versus 32. 9% for ALEX. 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.
06Which pays a better dividend — ALEX or WHLR?
All stocks in this comparison pay dividends.
Wheeler Real Estate Investment Trust, Inc. (WHLR) offers the highest yield at 5. 2%, versus 4. 3% for Alexander & Baldwin, Inc. (ALEX).
07Is ALEX or WHLR 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). Wheeler Real Estate Investment Trust, Inc. (WHLR) carries a higher beta of 2. 39 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ALEX: +73. 4%, WHLR: +100. 2%), 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.
08What are the main differences between ALEX and WHLR?
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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