The St. Joe Company (JOE) — Fundamental Analysis & Key Financial Ratios

Kaplio overview: The St. Joe Company

Market cap $4B · 52 weeks $55 – $73 (3 % below the high) · P/E 33.0× · 2027 expected P/E 875× · Dividend 0.91 % · 5 years rising · Next earnings February 24, 2027 · Closing price, Oct 30 · accounts published Oct 28.

• Valuation: P/E 33.0× (no verdict).
• Business: ROIC 12 % (fair).
• Balance sheet: Net debt/EBITDA 0.9× (solid).
• Earnings: Next.

What would it be worth at its usual multiples?

No valuation verdict: its twelve-month earnings are above what analysts expect, so today's P/E looks lower than it will be.

Note: earnings per share over the last twelve months ($2.12) are far from the consensus for 2027 ($0.08); that is why this range uses expected earnings.

What matters in this sector: 6 of 8 pass

• Interest coverage 1.9×, fails.
• ROIC ≥ cost of capital 11.6 %, borderline.
• 5y revenue growth 26.8 %, passes.
• 5y EPS growth 21.2 %, passes.
• Gross margin 93.0 %, passes.
• FCF / Net Income 161.4 %, passes.
• Piotroski F-Score 9 de 9, passes.
• Net debt / EBITDA 0.9×, passes.
• P/E vs own 10y history 33.0×, info.

Against its peers (reference peers) — The St. Joe Company: P/E 33.0×; EV/EBITDA 19.2×; ROIC 11.7 %; $4.0B. Broadstone Net Lease, Inc. (P/E 23.1×; EV/EBITDA 13.9×; ROIC 3.8 %; $3.3B), Cushman & Wakefield plc (P/E 45.6×; EV/EBITDA 10.2×; ROIC 6.1 %; $3.1B), Rayonier Inc. REIT (P/E 40.1×; EV/EBITDA 26.4×; ROIC 0.8 %; $5.8B).

Expensive or cheap against its last 9 years?

P/E at each close: today 33.0× · median 38.4× · minimum 15.5× · maximum 120× · cheap below 33.5× · expensive above 50.0×. Earnings over the last 12 months are distorted: today's P/E compared with its history is not representative.

Dividend

solid · Yield 0.91 % ($0.58 per share in 2025) · Years raising it ≥ 5 · paying since 2020 · 5-year growth +53 % a year · Free cash flow coverage 2.3× · With $1,000 invested today you'd collect $9.10 a year ($0.76 a month).