# Alpine Income Property Trust Inc. (PINE) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $19.65, market value $370 million.

## Valuation
- **P/E (trailing): 93.6×** (5-yr avg 51.8×, 3-yr avg 91.7×). Alpine Income Property Trust Inc. trades at 93.6× trailing earnings, well above its own five-year average of 51.8×: investors are paying up relative to the company's past. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 28.8×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 5.3×**. Each dollar of revenue is priced at 5.3×.
- **Price / book: 1.0×**. The shares trade at 1.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 16.5×**. Enterprise value is 16.5× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Earnings yield: 1.1%**. The inverse of the P/E: 1.1% of the price is earned each year.

## Profitability
- **Operating margin: 33.9%**. 33.9% of revenue is left after running the business, an exceptional level.
- **Net margin: -4.4%**. The company reported a net loss over the last twelve months.
- **Return on equity: -0.9%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 2.5%**. Return on all capital, debt included, is 2.5%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 0.9%**. Each dollar of assets produces 0.9% of profit.

## Growth
- **Revenue growth (1 yr): 15.9%** (3-yr 10.2%/yr, 5-yr 25.8%/yr). Revenue grew 15.9% over the last year, against 25.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -257.1%**. Earnings per share fell 257.1%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 1.71**. Debt is 1.71 times equity, a leveraged balance sheet, which is normal for real estate.
- **Net debt / EBITDA: 9.3×**. It would take 9.3 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 1.23**. A Z-score of 1.23 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 6.13%** ($1.17 per share, trailing). Alpine Income Property Trust Inc. yields 6.13%, high enough to check carefully: yields this high often precede a cut.
- **Consecutive years of increases: 7**. 7 straight years of increases.
- **Dividend growth (5 yr): 6.8%/yr** (1-yr 2.7%). The dividend has grown 6.8% a year over five years.

## Price and momentum
- **Total return (1 yr): 38.1%** (YTD 21.2%, 3-mo 1.5%). The shares are up 38.1% over twelve months including dividends.
- **From 52-week high: -10.6%** (50.0% above the low). Trading 11% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 47**. An RSI of 47 is neutral.
- **Beta (1 yr): 0.17** (volatility 23%). Beta of 0.17 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PINE · Page: https://foliofundamentals.com/stocks/pine

Not investment advice.