AMREP Corporation, through its subsidiaries, primarily engages in the real estate business.
Flawless balance sheet and overvalued.
Share Price & News
How has AMREP's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AXR has not had significant price volatility in the past 3 months.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: AXR underperformed the US Commercial Services industry which returned -18.5% over the past year.
Return vs Market: AXR underperformed the US Market which returned -13.6% over the past year.
Price Volatility Vs. Market
How volatile is AMREP's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StIs AMREP Corporation (NYSE:AXR) A Volatile Stock?
2 months ago | Simply Wall StUpdate: AMREP (NYSE:AXR) Stock Gained 56% In The Last Five Years
3 months ago | Simply Wall StCould The AMREP Corporation (NYSE:AXR) Ownership Structure Tell Us Something Useful?
Is AMREP undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: AXR ($4.54) is trading above our estimate of fair value ($1.31)
Significantly Below Fair Value: AXR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AXR is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.
PE vs Market: AXR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AXR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AXR is good value based on its PB Ratio (0.4x) compared to the US Commercial Services industry average (1.2x).
How is AMREP forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AMREP has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine AMREP's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- AMREP competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has AMREP performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXR is currently unprofitable.
Growing Profit Margin: AXR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AXR is unprofitable, but has reduced losses over the past 5 years at a rate of 12.6% per year.
Accelerating Growth: Unable to compare AXR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AXR is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (2.5%).
Return on Equity
High ROE: AXR has a negative Return on Equity (-1.99%), as it is currently unprofitable.
How is AMREP's financial position?
Financial Position Analysis
Short Term Liabilities: AXR's short term assets ($70.2M) exceed its short term liabilities ($3.5M).
Long Term Liabilities: AXR's short term assets ($70.2M) exceed its long term liabilities ($3.5M).
Debt to Equity History and Analysis
Debt Level: AXR's debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: AXR's debt to equity ratio has reduced from 20.5% to 1.1% over the past 5 years.
Inventory Level: AXR has a high level of physical assets or inventory.
Debt Coverage by Assets: AXR's debt is covered by short term assets (assets are 71.4x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AXR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AXR is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -24.3% per year.
What is AMREP's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AXR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AXR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AXR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AXR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AXR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Chris Vitale (43yo)
Mr. Christopher V. Vitale, also known as Chris, has been President & Chief Executive Officer of AMREP Corporation since September 18, 2017 and as its Secretary since March 2013. Mr. Vitale served as the C ...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD494.84K) is about average for companies of similar size in the US market ($USD605.16K).
Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.
|Chairman of the Board||no data||US$222.50k||0.099% $36.7k|
|Independent Director||24.25yrs||US$80.00k||10.09% $3.7m|
|Independent Director||3.58yrs||US$87.50k||no data|
|Independent Director||7.25yrs||US$80.00k||0.045% $16.7k|
Experienced Board: AXR's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AXR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AMREP Corporation's company bio, employee growth, exchange listings and data sources
- Name: AMREP Corporation
- Ticker: AXR
- Exchange: NYSE
- Founded: 1961
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: US$36.942m
- Shares outstanding: 8.14m
- Website: https://www.amrepcorp.com
Number of Employees
- AMREP Corporation
- 620 West Germantown Pike
- Suite 175
- Plymouth Meeting
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AXR||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Jan 1968|
AMREP Corporation, through its subsidiaries, primarily engages in the real estate business. The company sells developed and undeveloped lots to homebuilders, commercial and industrial property developers, and others. As of July 1, 2019, it owned approximately 18,000 acres in Rio Rancho, New Mexico. The company owns tracts of land in Colorado, including 1 property of approximately 160 acres planned for approximately 410 homes. It also owns subsurface oil, gas, and mineral interests covering an area of approximately 55,000 surface acres of land located in Rio Rancho; and 2 tracts of unimproved land covering an area of approximately 8 acres in Palm Coast, Florida. The company was founded in 1961 and is headquartered in Plymouth Meeting, Pennsylvania.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 23:44|
|End of Day Share Price||2020/04/01 00:00|
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.