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AIV

Apartment Investment and Management NYSE:AIV Stock Report

Last Price

US$6.81

Market Cap

US$1.0b

7D

9.8%

1Y

-0.1%

Updated

01 Jul, 2022

Data

Company Financials
AIV fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

AIV Stock Overview

Aimco is a Real Estate Investment Trust focused on property development, redevelopment, and various other value-creating investment strategies, targeting the U.S.

Apartment Investment and Management Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Apartment Investment and Management
Historical stock prices
Current Share PriceUS$6.81
52 Week HighUS$8.16
52 Week LowUS$5.22
Beta0
1 Month Change8.61%
3 Month Change-7.85%
1 Year Change-0.15%
3 Year Changen/a
5 Year Changen/a
Change since IPO47.40%

Recent News & Updates

Shareholder Returns

AIVUS REITsUS Market
7D9.8%-0.6%-2.5%
1Y-0.1%-8.7%-21.2%

Return vs Industry: AIV exceeded the US REITs industry which returned -9.8% over the past year.

Return vs Market: AIV exceeded the US Market which returned -21.7% over the past year.

Price Volatility

Is AIV's price volatile compared to industry and market?
AIV volatility
AIV Average Weekly Movement5.0%
REITs Industry Average Movement4.9%
Market Average Movement8.1%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: AIV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: AIV's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
202062Wes Powellhttps://www.aimco.com

Aimco is a Real Estate Investment Trust focused on property development, redevelopment, and various other value-creating investment strategies, targeting the U.S. multifamily market. Aimco’s mission is to make real estate investments where outcomes are enhanced through human capital and substantial value is created for investors, teammates, and the communities in which we operate. Aimco is traded on the New York Stock Exchange as AIV.

Apartment Investment and Management Fundamentals Summary

How do Apartment Investment and Management's earnings and revenue compare to its market cap?
AIV fundamental statistics
Market CapUS$1.04b
Earnings (TTM)-US$17.91m
Revenue (TTM)US$181.00m

5.7x

P/S Ratio

-58.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AIV income statement (TTM)
RevenueUS$181.00m
Cost of RevenueUS$69.89m
Gross ProfitUS$111.11m
Other ExpensesUS$129.02m
Earnings-US$17.91m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.12
Gross Margin61.39%
Net Profit Margin-9.90%
Debt/Equity Ratio198.2%

How did AIV perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is AIV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AIV?

Other financial metrics that can be useful for relative valuation.

AIV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue15.2x
Enterprise Value/EBITDA36.7x
PEG Ration/a

Price to Sales Ratio vs Peers

How does AIV's PS Ratio compare to its peers?

AIV PS Ratio vs Peers
The above table shows the PS ratio for AIV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average4.5x
BRG Bluerock Residential Growth REIT
3.2xn/aUS$1.1b
UMH UMH Properties
5.2x10.1%US$990.0m
CSR Centerspace
5.9x8.4%US$1.3b
APTS Preferred Apartment Communities
3.6x-1.3%US$1.6b
AIV Apartment Investment and Management
5.7xn/aUS$1.0b

Price-To-Sales vs Peers: AIV is expensive based on its Price-To-Sales Ratio (5.7x) compared to the peer average (4.5x).


Price to Earnings Ratio vs Industry

How does AIV's PE Ratio compare vs other companies in the US REITs Industry?

Price-To-Sales vs Industry: AIV is expensive based on its Price-To-Sales Ratio (5.7x) compared to the US REITs industry average (5.7x)


Price to Sales Ratio vs Fair Ratio

What is AIV's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AIV PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.7x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate AIV's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of AIV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AIV ($6.81) is trading above our estimate of fair value ($2.31)

Significantly Below Fair Value: AIV is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AIV's PEG Ratio to determine if it is good value.


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Future Growth

How is Apartment Investment and Management forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


7.8%

Forecasted Real Estate 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 Apartment Investment and Management 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.


Discover growth companies

  • Take a look at our analysis of AIV’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Apartment Investment and Management competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Apartment Investment and Management performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-66.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AIV is currently unprofitable.

Growing Profit Margin: AIV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AIV is unprofitable, and losses have increased over the past 5 years at a rate of 66% per year.

Accelerating Growth: Unable to compare AIV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AIV is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (69.5%).


Return on Equity

High ROE: AIV has a negative Return on Equity (-2.63%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Apartment Investment and Management's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AIV's short term assets ($295.5M) exceed its short term liabilities ($123.8M).

Long Term Liabilities: AIV's short term assets ($295.5M) do not cover its long term liabilities ($1.9B).


Debt to Equity History and Analysis

Debt Level: AIV's net debt to equity ratio (173.4%) is considered high.

Reducing Debt: Insufficient data to determine if AIV's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: AIV's debt is not well covered by operating cash flow (1.4%).

Interest Coverage: Insufficient data to determine if AIV's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Apartment Investment and Management current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate AIV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AIV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AIV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AIV's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AIV has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average management tenure


CEO

Wes Powell (41 yo)

1.5yrs

Tenure

US$5,445,198

Compensation

Mr. Wesley William Powell, also known as Wes, serves as President, Chief Executive Officer and Director at Apartment Investment and Management Company since December 2020 and served as its Executive Vice P...


CEO Compensation Analysis

Compensation vs Market: Wes's total compensation ($USD5.45M) is above average for companies of similar size in the US market ($USD4.03M).

Compensation vs Earnings: Wes's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: AIV's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: AIV's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AIV insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Apartment Investment and Management Company's employee growth, exchange listings and data sources


Key Information

  • Name: Apartment Investment and Management Company
  • Ticker: AIV
  • Exchange: NYSE
  • Founded: 2020
  • Industry: Residential REITs
  • Sector: Real Estate
  • Implied Market Cap: US$1.040b
  • Shares outstanding: 152.68m
  • Website: https://www.aimco.com

Number of Employees


Location

  • Apartment Investment and Management Company
  • 4582 South Ulster Street
  • Suite 1700
  • Denver
  • Colorado
  • 80237
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.