Stock fact sheet · data as of
Alexander's, Inc. (ALX): fair value, margin of safety and Wheel Score
Real Estate · REIT - Retail · United States · High Yield Income
Is ALX undervalued?
Alexander's, Inc. (ALX) closed at 234.68 on 16 Oct 2026, close to the GLS average fair value of 229.82 (2.1% above fair value). 4 of the 9 models that produced a number sit above the price, 5 below - the market and our models roughly agree. With little margin of safety either way, the case for or against the stock rests on the quality numbers and the option premium rather than on price.
There is a wide gap between Payback Time (77.15) and Graham Growth (533.27). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files ALX under High Yield Income: a dividend yield above 4%.
Nine valuation models for ALX
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 328.89 | +40% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 179.92 | -23% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 533.27 | +127% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 132.22 | -44% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 96.75 | -59% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 88.08 | -62% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 77.15 | -67% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 264.86 | +13% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 367.27 | +56% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -136.30 | -158% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 212.00 | -10% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Alexander's, Inc. scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 2.1/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 2.7%, ROE 25.9%, ROA 2.5% - with debt at 8.64 times equity and a free-cash-flow yield of 1.7%. Debt of 8.64 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
The dividend yield is high at 7.67% (payout ratio 68%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual. Revenue comes mainly from Direct Services 54%, Parking 46% (quarter Q2 FY2026).
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 2.7% |
|---|---|---|---|
| GLS Moat | 2.1 / 10 | ROE | 25.9% |
| Debt / equity | 8.64 | ROA | 2.5% |
| Free-cash-flow yield | 1.7% | Payout ratio | 68% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 36: No options
No options are listed on Alexander's, Inc. in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 36) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 44k shares a day on a market cap of $1.2B, with a beta of 0.77 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 12 / 25 | -2% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 3 / 15 | moat 2.1/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 8 / 20 | 44k shares/day, $1.2B cap, beta 0.77 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 2 Nov 2026 (before the open), 17 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in REIT - Retail
The 12 companies below are the closest to Alexander's, Inc. by market cap within the REIT - Retail industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CBL CBL & Associates Properties, Inc. | 48.84 | 170.00 | +71% | 78Good | $1.5B |
| GTY Getty Realty Corp. | 28.30 | 23.49 | -20% | 54Fair | $1.8B |
| NTST NETSTREIT Corp. | 17.30 | 9.33 | -85% | 56Fair | $1.8B |
| BFS Saul Centers, Inc. | 29.14 | 64.32 | +55% | 72Good | $720M |
| IVT InvenTrust Properties Corp. | 29.88 | 39.63 | +25% | 76Good | $2.3B |
| FCPT Four Corners Property Trust, Inc. | 21.80 | 22.40 | +3% | 71Good | $2.4B |
| UE Urban Edge Properties | 19.18 | 14.88 | -29% | 53Fair | $2.4B |
| AKR Acadia Realty Trust | 18.53 | 8.39 | -121% | 56Fair | $2.5B |
| CURB Curbline Properties Corp. | 26.56 | 19.80 | -34% | 59Fair | $3.1B |
| SKT Tanger Inc. | 34.33 | 22.28 | -54% | 52Fair | $3.9B |
| PINE Alpine Income Property Trust, Inc. | 17.64 | 10.57 | -67% | 41Weak | $316M |
| PECO Phillips Edison & Co. | 37.58 | 31.75 | -18% | 58Fair | $4.8B |
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Start free See the Sunday ScanQuestions about ALX
Is ALX undervalued right now?
Not meaningfully: at 234.68 the stock trades within a few percent of the GLS average fair value of 229.82 (2.1% above fair value, data as of 16 Oct 2026).
What is the Wheel Score of ALX and what does it mean?
ALX has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for ALX?
229.82 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Alexander's, Inc. report earnings next?
The next earnings report is due on 2 Nov 2026 (before the open), 17 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does ALX have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on ALX, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.