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Fortress Transportation and Infrastructure Investors

NYSE:FTAI
Snowflake Description

High growth potential with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FTAI
NYSE
$2B
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people in Africa, Asia, Europe, North America, and South America. The last earnings update was 37 days ago. More info.


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FTAI Share Price and Events
7 Day Returns
5.4%
NYSE:FTAI
0.2%
US Trade Distributors
-0.3%
US Market
1 Year Returns
24.5%
NYSE:FTAI
20.6%
US Trade Distributors
18.6%
US Market
FTAI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Fortress Transportation and Infrastructure Investors (FTAI) 5.4% 14.1% 24.1% 24.5% 38.5% -
US Trade Distributors 0.2% -0.4% 14% 20.6% 22.3% 34.4%
US Market -0.3% 2.2% 5.6% 18.6% 36.2% 52.2%
1 Year Return vs Industry and Market
  • FTAI outperformed the Trade Distributors industry which returned 20.6% over the past year.
  • FTAI outperformed the Market in United States of America which returned 18.6% over the past year.
Price Volatility
FTAI
Industry
5yr Volatility vs Market

FTAI Value

 Is Fortress Transportation and Infrastructure Investors undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Fortress Transportation and Infrastructure Investors to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Fortress Transportation and Infrastructure Investors.

NYSE:FTAI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in USD $ 1.4600010526316
Payout Ratio Company Filings (2019-09-30) 57591.4%
Discount Rate (Cost of Equity) See below 9.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:FTAI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.94
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.936 (1 + (1- 21%) (104.95%))
1.447
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.45
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.447 * 5.44%)
9.61%

Discounted Cash Flow Calculation for NYSE:FTAI using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Fortress Transportation and Infrastructure Investors is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

NYSE:FTAI Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $1.46 / (9.61% - 1.74%)
$18.55
NYSE:FTAI Discount to Share Price
Calculation Result
Value per share (USD) From above. $18.55
Current discount Discount to share price of $18.98
= -1 x ($18.98 - $18.55) / $18.55
-2.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Fortress Transportation and Infrastructure Investors is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Fortress Transportation and Infrastructure Investors's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Fortress Transportation and Infrastructure Investors's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:FTAI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.47
NYSE:FTAI Share Price ** NYSE (2019-12-06) in USD $18.98
United States of America Trade Distributors Industry PE Ratio Median Figure of 41 Publicly-Listed Trade Distributors Companies 16.8x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.48x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Fortress Transportation and Infrastructure Investors.

NYSE:FTAI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:FTAI Share Price ÷ EPS (both in USD)

= 18.98 ÷ 0.47

40.03x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fortress Transportation and Infrastructure Investors is overvalued based on earnings compared to the US Trade Distributors industry average.
  • Fortress Transportation and Infrastructure Investors is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Fortress Transportation and Infrastructure Investors's expected growth come at a high price?
Raw Data
NYSE:FTAI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 40.03x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
43.6%per year
United States of America Trade Distributors Industry PEG Ratio Median Figure of 33 Publicly-Listed Trade Distributors Companies 1.06x
United States of America Market PEG Ratio Median Figure of 2,045 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

NYSE:FTAI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 40.03x ÷ 43.6%

0.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fortress Transportation and Infrastructure Investors is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Fortress Transportation and Infrastructure Investors's assets?
Raw Data
NYSE:FTAI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $12.49
NYSE:FTAI Share Price * NYSE (2019-12-06) in USD $18.98
United States of America Trade Distributors Industry PB Ratio Median Figure of 51 Publicly-Listed Trade Distributors Companies 1.69x
United States of America Market PB Ratio Median Figure of 5,088 Publicly-Listed Companies 1.78x
NYSE:FTAI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:FTAI Share Price ÷ Book Value per Share (both in USD)

= 18.98 ÷ 12.49

1.52x

* Primary Listing of Fortress Transportation and Infrastructure Investors.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fortress Transportation and Infrastructure Investors is good value based on assets compared to the US Trade Distributors industry average.
X
Value checks
We assess Fortress Transportation and Infrastructure Investors's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Fortress Transportation and Infrastructure Investors has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FTAI Future Performance

 How is Fortress Transportation and Infrastructure Investors expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
43.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Fortress Transportation and Infrastructure Investors expected to grow at an attractive rate?
  • Fortress Transportation and Infrastructure Investors's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Fortress Transportation and Infrastructure Investors's earnings growth is expected to exceed the United States of America market average.
  • Fortress Transportation and Infrastructure Investors's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:FTAI Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:FTAI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 43.6%
NYSE:FTAI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 31.3%
United States of America Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 13.1%
United States of America Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:FTAI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:FTAI Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 2,430 725 389 1
2022-12-31 1,967 594 291 1
2021-12-31 1,001 330 113 4
2020-12-31 682 292 80 7
2019-12-31 597 146 45 7
2019-12-08
NYSE:FTAI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 584 140 41
2019-06-30 523 133 20
2019-03-31 436 142 0
2018-12-31 380 134 6
2018-09-30 303 102 8
2018-06-30 263 94 6
2018-03-31 242 62 4
2017-12-31 218 68 0
2017-09-30 199 68 -5
2017-06-30 180 63 -9
2017-03-31 162 52 -19
2016-12-31 149 31 -20

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Fortress Transportation and Infrastructure Investors's earnings are expected to grow significantly at over 20% yearly.
  • Fortress Transportation and Infrastructure Investors's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:FTAI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Fortress Transportation and Infrastructure Investors Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:FTAI Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 4.46 4.46 4.46 1.00
2022-12-31 3.34 3.34 3.34 1.00
2021-12-31 1.29 1.45 1.10 4.00
2020-12-31 0.76 1.21 0.42 8.00
2019-12-31 0.77 1.60 0.35 8.00
2019-12-08
NYSE:FTAI Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.47
2019-06-30 0.23
2019-03-31 0.00
2018-12-31 0.07
2018-09-30 0.10
2018-06-30 0.08
2018-03-31 0.05
2017-12-31 0.00
2017-09-30 -0.06
2017-06-30 -0.12
2017-03-31 -0.25
2016-12-31 -0.26

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Fortress Transportation and Infrastructure Investors will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Fortress Transportation and Infrastructure Investors's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Fortress Transportation and Infrastructure Investors has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FTAI Past Performance

  How has Fortress Transportation and Infrastructure Investors performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Fortress Transportation and Infrastructure Investors's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Fortress Transportation and Infrastructure Investors has delivered over 20% year on year earnings growth in the past 5 years.
  • Fortress Transportation and Infrastructure Investors's 1-year earnings growth exceeds its 5-year average (417.6% vs 36.7%)
  • Fortress Transportation and Infrastructure Investors's earnings growth has exceeded the US Trade Distributors industry average in the past year (417.6% vs -8.5%).
Earnings and Revenue History
Fortress Transportation and Infrastructure Investors's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Fortress Transportation and Infrastructure Investors Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:FTAI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 583.75 40.66 40.84
2019-06-30 522.69 19.57 35.04
2019-03-31 435.66 0.07 34.10
2018-12-31 379.88 5.88 32.85
2018-09-30 303.41 7.86 32.41
2018-06-30 262.62 6.28 31.76
2018-03-31 241.83 3.98 29.90
2017-12-31 217.66 0.13 30.30
2017-09-30 198.58 -4.69 29.32
2017-06-30 179.94 -8.96 29.46
2017-03-31 161.94 -18.70 29.85
2016-12-31 148.72 -20.06 29.06
2016-09-30 140.17 -22.95 29.06
2016-06-30 133.68 -33.41 28.88
2016-03-31 134.05 -23.06 26.76
2015-12-31 136.57 -11.83 22.59
2015-09-30 126.19 -3.45 18.00
2015-06-30 107.04 12.32 12.92
2015-03-31 84.21 11.80 9.25
2014-12-31 57.93 7.78 7.47
2014-06-30 32.13 16.36 9.38
2013-12-31 19.53 24.82 3.02
2013-09-30 12.36 13.49 4.24
2013-06-30 6.04 8.01 3.47
2013-03-31 4.27 5.10 2.87
2012-12-31 2.50 2.19 2.27

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Fortress Transportation and Infrastructure Investors has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Fortress Transportation and Infrastructure Investors used its assets less efficiently than the US Trade Distributors industry average last year based on Return on Assets.
  • Fortress Transportation and Infrastructure Investors has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Fortress Transportation and Infrastructure Investors's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Fortress Transportation and Infrastructure Investors has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FTAI Health

 How is Fortress Transportation and Infrastructure Investors's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Fortress Transportation and Infrastructure Investors's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Fortress Transportation and Infrastructure Investors's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Fortress Transportation and Infrastructure Investors's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Fortress Transportation and Infrastructure Investors's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Fortress Transportation and Infrastructure Investors Company Filings, last reported 2 months ago.

NYSE:FTAI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,105.65 1,582.26 99.34
2019-06-30 1,038.23 1,631.14 115.56
2019-03-31 973.05 1,540.02 120.52
2018-12-31 1,053.78 1,237.35 99.60
2018-09-30 1,062.32 1,137.87 163.15
2018-06-30 1,089.33 862.75 40.32
2018-03-31 1,126.49 710.64 80.92
2017-12-31 1,035.08 703.26 59.40
2017-09-30 1,077.92 655.58 176.36
2017-06-30 1,101.25 494.75 32.58
2017-03-31 1,136.56 495.48 221.22
2016-12-31 1,165.68 259.51 68.06
2016-09-30 1,185.19 261.54 197.87
2016-06-30 1,214.95 262.91 276.21
2016-03-31 1,259.08 264.34 347.91
2015-12-31 1,290.69 266.22 381.70
2015-09-30 1,320.81 274.94 448.30
2015-06-30 1,342.45 584.27 571.31
2015-03-31 766.80 588.60 37.29
2014-12-31 713.50 592.87 22.13
2014-06-30 346.63 68.63 58.21
2013-12-31 195.88 73.39 7.24
2013-09-30 211.71 75.78 35.28
2013-06-30 156.08 56.15 3.77
2013-03-31 156.08 56.15 3.77
2012-12-31 112.02 55.99 4.12
  • Fortress Transportation and Infrastructure Investors's level of debt (143.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (62.7% vs 143.1% today).
  • Debt is not well covered by operating cash flow (8.8%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 0.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Fortress Transportation and Infrastructure Investors's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Fortress Transportation and Infrastructure Investors has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FTAI Dividends

 What is Fortress Transportation and Infrastructure Investors's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.95%
Current annual income from Fortress Transportation and Infrastructure Investors dividends. Estimated to be 7.69% next year.
If you bought $2,000 of Fortress Transportation and Infrastructure Investors shares you are expected to receive $139 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Fortress Transportation and Infrastructure Investors's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.42%).
  • Fortress Transportation and Infrastructure Investors's dividend is above the markets top 25% of dividend payers in United States of America (3.7%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:FTAI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
United States of America Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 2.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1959 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:FTAI Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 2.42 1.00
2022-12-31 2.02 1.00
2021-12-31 1.43 3.00
2020-12-31 1.39 7.00
2019-12-31 1.32 7.00
2019-12-08
NYSE:FTAI Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-11-01 1.320 7.744
2019-10-31 1.320 8.208
2019-08-02 1.320 8.601
2019-08-01 1.320 8.662
2019-05-03 1.320 8.597
2019-05-02 1.320 8.136
2019-02-27 1.320 7.856
2018-11-01 1.320 8.667
2018-08-03 1.320 7.315
2018-08-02 1.320 7.059
2018-05-04 1.320 7.411
2018-05-03 1.320 7.902
2018-02-28 1.320 8.156
2017-11-02 1.320 7.271
2017-08-04 1.320 7.437
2017-08-03 1.320 7.275
2017-05-05 1.320 8.201
2017-05-04 1.320 8.427
2017-02-24 1.320 8.728
2017-02-23 1.320 8.475
2016-11-04 1.320 9.445
2016-11-01 1.320 10.589
2016-08-04 1.320 11.053
2016-08-02 1.320 11.219
2016-05-04 1.320 13.121
2016-05-03 1.320 13.253
2016-03-10 1.320 13.142
2016-03-01 1.320 13.070
2015-11-04 1.320 12.826
2015-11-03 1.320 10.139
2015-08-13 1.320 9.798
2015-08-11 1.320 8.876

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Fortress Transportation and Infrastructure Investors has been paying a dividend for less than 10 years.
  • Fortress Transportation and Infrastructure Investors has only been paying a dividend for 4 years, and since then there has been no growth.
Current Payout to shareholders
What portion of Fortress Transportation and Infrastructure Investors's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (0.9x coverage).
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Income/ dividend checks
We assess Fortress Transportation and Infrastructure Investors's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Fortress Transportation and Infrastructure Investors afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Fortress Transportation and Infrastructure Investors has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FTAI Management

 What is the CEO of Fortress Transportation and Infrastructure Investors's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Joe Adams
AGE 61
TENURE AS CEO 4.6 years
CEO Bio

Mr. Joseph P. Adams, Jr., also known as Joe, has been the Chief Executive Officer and Chairman of Fortress Transportation and Infrastructure Investors LLC since May 2015 and May 2016 respectively and has been its Director since May 2015. Mr. Adams serves as a Managing Director at Fortress Investment Group LLC within the Private Equity Group. He serves as a Director of Seacastle, Inc., SeaCube Container Leasing Ltd., Aircastle Limited and RailAmerica Inc. Previously, Mr. Adams served as a Partner at Brera Capital Partners and at Donaldson, Lufkin & Jenrette where he was in the transportation industry group. In 2002, Mr. Adams served as the first Executive Director of the Air Transportation Stabilization Board. Mr. Adams received a B.S. in Engineering from the University of Cincinnati and an M.B.A. from Harvard Business School.

CEO Compensation
  • Insufficient data for Joe to compare compensation growth.
  • Insufficient data for Joe to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Fortress Transportation and Infrastructure Investors management team in years:

3.6
Average Tenure
53.5
Average Age
  • The tenure for the Fortress Transportation and Infrastructure Investors management team is about average.
Management Team

Scott Christopher

TITLE
Chief Financial Officer
COMPENSATION
$808K
AGE
46
TENURE
3.6 yrs

Joe Adams

TITLE
Chairman & CEO
AGE
61
TENURE
4.6 yrs

Eun Nam

TITLE
Chief Accounting Officer
AGE
37
TENURE
1.9 yrs

Alan Andreini

TITLE
Investor Relations
AGE
72

Kevin Krieger

TITLE
Secretary
Board of Directors Tenure

Average tenure and age of the Fortress Transportation and Infrastructure Investors board of directors in years:

3.6
Average Tenure
67
Average Age
  • The tenure for the Fortress Transportation and Infrastructure Investors board of directors is about average.
Board of Directors

Paul Goodwin

TITLE
Independent Director
COMPENSATION
$160K
AGE
76
TENURE
4.6 yrs

Joe Adams

TITLE
Chairman & CEO
AGE
61
TENURE
3.6 yrs

Ray Robinson

TITLE
Independent Director
COMPENSATION
$150K
AGE
71
TENURE
4.6 yrs

Judith Hannaway

TITLE
Independent Director
COMPENSATION
$150K
AGE
67
TENURE
1.9 yrs

Martin Tuchman

TITLE
Independent Director
COMPENSATION
$150K
AGE
78
TENURE
4.6 yrs

Kenneth Nicholson

TITLE
Director
AGE
48
TENURE
3.6 yrs

Andy Levison

TITLE
Independent Director
COMPENSATION
$150K
AGE
63
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Fortress Transportation and Infrastructure Investors's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Fortress Transportation and Infrastructure Investors has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FTAI News

Simply Wall St News

Based On Its ROE, Is Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) A High Quality Stock?

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Fortress Transportation and Infrastructure Investors: 0.6% = US$20m ÷ US$1.0b (Based on the trailing twelve months to June 2019.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does Fortress Transportation and Infrastructure Investors Have A Good Return On Equity? … Combining Fortress Transportation and Infrastructure Investors's Debt And Its 0.6% Return On Equity It's worth noting the significant use of debt by Fortress Transportation and Infrastructure Investors, leading to its debt to equity ratio of 1.57.

Simply Wall St -

What Kind Of Shareholder Owns Most Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) Stock?

See our latest analysis for Fortress Transportation and Infrastructure Investors NYSE:FTAI Ownership Summary, August 23rd 2019 What Does The Institutional Ownership Tell Us About Fortress Transportation and Infrastructure Investors? … We can see that Fortress Transportation and Infrastructure Investors does have institutional investors; and they hold 49% of the stock. … Insider Ownership Of Fortress Transportation and Infrastructure Investors The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

Looking At Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) From All Angles

Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) is a stock with outstanding fundamental characteristics. … If you're interested in understanding beyond my broad commentary, read the full report on Fortress Transportation and Infrastructure Investors here. … NYSE:FTAI Past and Future Earnings, August 14th 2019 Next Steps: For Fortress Transportation and Infrastructure Investors, I've put together three essential factors you should further research: Financial Health: Does it have a healthy balance sheet?

Simply Wall St -

Estimating The Intrinsic Value Of Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI)

See our latest analysis for Fortress Transportation and Infrastructure Investors The model As Fortress Transportation and Infrastructure Investors operates in the trade distributors sector, we need to calculate the intrinsic value slightly differently. … Value Per Share = Expected Dividend Per Share / (Discount Rate - Perpetual Growth Rate) = $1.39 / (11.3% – 2.7%) = $16.25 NYSE:FTAI Intrinsic value, August 4th 2019 Important assumptions The calculation above is very dependent on two assumptions. … Given that we are looking at Fortress Transportation and Infrastructure Investors as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt.

Simply Wall St -

Should Fortress Transportation and Infrastructure Investors (NYSE:FTAI) Be Disappointed With Their 37% Profit?

Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) shareholders might be concerned after seeing the share price drop 12% in the last quarter. … Check out our latest analysis for Fortress Transportation and Infrastructure Investors Given that Fortress Transportation and Infrastructure Investors only made minimal earnings in the last twelve months, we'll focus on revenue to gauge its business development. … As it happens, Fortress Transportation and Infrastructure Investors's TSR for the last 3 years was 76%, which exceeds the share price return mentioned earlier.

Simply Wall St -

Should Fortress Transportation and Infrastructure Investors LLC’s (NYSE:FTAI) Weak Investment Returns Worry You?

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Fortress Transportation and Infrastructure Investors: 0.022 = US$53m ÷ (US$2.9b - US$532m) (Based on the trailing twelve months to March 2019.) So, Fortress Transportation and Infrastructure Investors has an ROCE of 2.2%. … How Fortress Transportation and Infrastructure Investors's Current Liabilities Impact Its ROCE Liabilities, such as supplier bills and bank overdrafts, are referred to as current liabilities if they need to be paid within 12 months. … Fortress Transportation and Infrastructure Investors has total assets of US$2.9b and current liabilities of US$532m.

Simply Wall St -

Do Directors Own Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) Shares?

A look at the shareholders of Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) can tell us which group is most powerful. … See our latest analysis for Fortress Transportation and Infrastructure Investors NYSE:FTAI Ownership Summary, May 16th 2019 What Does The Institutional Ownership Tell Us About Fortress Transportation and Infrastructure Investors? … Insider Ownership Of Fortress Transportation and Infrastructure Investors The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

Simply Wall St -

Here's Why I Think Fortress Transportation and Infrastructure Investors (NYSE:FTAI) Might Deserve Your Attention Today

In contrast to all that, I prefer to spend time on companies like Fortress Transportation and Infrastructure Investors (NYSE:FTAI), which has not only revenues, but also profits. … How Fast Is Fortress Transportation and Infrastructure Investors Growing Its Earnings Per Share. … Fortress Transportation and Infrastructure Investors shareholders can take confidence from the fact that EBIT margins are up from 3.2% to 11%, and revenue is growing.

Simply Wall St -

Fortress Transportation and Infrastructure Investors (NYSE:FTAI) Shareholders Received A Total Return Of 112% In The Last Three Years

For example, Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) shareholders have seen the share price rise 63% over three years, well in excess of the market return (42%, not including dividends). … Given that Fortress Transportation and Infrastructure Investors only made minimal earnings in the last twelve months, we'll focus on revenue to gauge its business development. … Over the last three years Fortress Transportation and Infrastructure Investors has grown its revenue at 36% annually.

Simply Wall St -

Is Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) A Financially Sound Company?

Investors are always looking for growth in small-cap stocks like Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI), with a market cap of US$1.4b. … Evaluating financial health as part of your investment thesis is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St -

FTAI Company Info

Description

Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people in Africa, Asia, Europe, North America, and South America. It operates in six segments: Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal, Railroad, and Ports and Terminals. The Aviation Leasing segment leases aircraft and aircraft engines. As of June 30, 2019, this segment owned and managed 212 aviation assets, including 70 aircraft and 142 commercial engines. The Offshore Energy segment owns and leases vessels and equipment that support offshore oil and gas drilling and production activities, including an anchor handling tug supply (AHTS) vessel, a construction support vessel, and a remotely operated vehicle (ROV) support vessel. The Shipping Containers segment engages in the leasing of shipping containers on operating and finance lease basis, which comprise interests in approximately 8,000 maritime shipping containers and related equipment. The Jefferson Terminal segment develops a multi-modal crude oil and refined products handling terminal at the Port of Beaumont, Texas; and owns other assets involved in the transportation and processing of crude oil and related products. The Railroad segment owns a short line railroad that operates from Montreal to the east coast of Maine primarily for the transportation of pulp and paper, construction products, and chemicals. The Ports and Terminals segment operates Repauno, a 1,630 acre deep-water port located along the Delaware River; and Long Ridge, which is a 1,660 acre multi-modal port located along the Ohio River. The company serves operators of transportation and infrastructure networks. Fortress Transportation and Infrastructure Investors LLC is externally managed by FIG LLC, an affiliate of Fortress Investment Group LLC. The company was founded in 2011 and is headquartered in New York, New York.

Details
Name: Fortress Transportation and Infrastructure Investors LLC
FTAI
Exchange: NYSE
Founded: 2011
$1,549,482,268
84,903,138
Website: http://www.ftandi.com
Address: Fortress Transportation and Infrastructure Investors LLC
1345 Avenue of the Americas,
45th Floor,
New York,
New York, 10105,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE FTAI Common Shares New York Stock Exchange US USD 15. May 2015
DB 2FT Common Shares Deutsche Boerse AG DE EUR 15. May 2015
NYSE FTAI.PRB 8.00% PFD SER B New York Stock Exchange US USD 25. Nov 2019
NYSE FTAI.PRA 8.25 CUM PFD A New York Stock Exchange US USD 06. Sep 2019
Number of employees
Current staff
Staff numbers
0
Fortress Transportation and Infrastructure Investors employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/08 00:19
End of day share price update: 2019/12/06 00:00
Last estimates confirmation: 2019/12/02
Last earnings filing: 2019/11/01
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.