AMREP Corp. (AXR) stock analysis

P/E above its 5-year median

Amrep's P/E of 19.6 is above its own 5-year median of 11.7.

P/E below the industry

Amrep's P/E of 19.6 is below the Real Estate median of 23.4.

EV/EBITDA above its 5-year median

Amrep's EV/EBITDA of 10.5 is above its 5-year median of 6.3.

P/B below the industry

Amrep's price-to-book of 0.80 is below the Real Estate median of 0.97.

Trading above fair value

The share price of $21.12 is above our fair value estimate of $20.92.

Margin of safety under 20%

The price is 0.9% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 2.8% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -22.5% a year over the last three fiscal years.

Earnings growth not accelerating

Net income grew -56.0% over the last twelve months, against a 5-year average of 6.8% a year.

Growing slower than the industry

Revenue grew -15.3% over the last twelve months; the Real Estate median is 5.4%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

This company does not report gross profit.

Return on equity under 15%

Return on equity was 4.3% over the last twelve months and averaged 12.9% over five years; we look for 15% on both.

Return on capital under 10%

Return on invested capital was 5.1%, below the 10% that usually covers the cost of capital.

Return on equity above the industry

Amrep's return on equity of 4.3% is above the Real Estate median of 0.1%.

Earnings grew over 5 years

Net income grew 6.8% a year on average over the last five fiscal years.

Net margin below its 5-year average

Net margin was 14.3% over the last twelve months, against a 5-year average of 26.0%.

Net margin above the industry

Amrep's net margin of 14.3% is above the Real Estate median of 0.8%.

No debt

Amrep has no borrowings on its latest balance sheet.

Debt not rising

With no debt today, leverage cannot have risen.

Debt covered by cash flow

There is no debt to cover.

Interest well covered

No meaningful interest expense to cover.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Low bankruptcy risk

The Altman Z-score is 16.29; above 3 is the safe zone and below 1.8 the distress zone.

No dividend

Amrep has not paid a dividend in the last twelve months.

Yield against Treasuries

No dividend.

Yield against the market

No dividend.

Dividend stability

No dividend.

Earnings cover

No dividend.

Cash-flow cover

No dividend.