* Note: Prices are in Million (M) USD.
Description:
Apartment Investment and Management Co. (AIV) is a prominent Real Estate Investment Trust (REIT) specializing in the acquisition, development, and redevelopment of multifamily residential properties across the United States. With a strategic focus on creating long-term value through a diverse portfolio of high-quality assets, Aimco employs innovative investment strategies to enhance operational performance and maximize shareholder returns. The company's commitment to sustainability and community engagement further solidifies its position as a leader in the multifamily real estate sector.
These criteria used Company's Cash, EBITDA and Debt balance to determines its fair value:
Note: Financial institutions (banks/insurers/brokers/REITs) are evaluated using sector, P/E, growth, ROE and other factors. The 3.5× Net Debt/EBITDA rule is skipped to avoid misleading signals; however, Cash/Debt/EBITDA are still displayed and counted for scoring.
Cash : $41 M
Debt : $1,098 M
EBITDA : $84 M
Net Debt (Debt - Cash): $1,057 M
This criteria used industry in which company operates:
Sector: Real estate
Industry: Reit - residential
Based on industry, 3 points assigned.
This criteria used Company's Price To Earning (P/E) Ratio to determines its fair value:
Message: Cannot calculate PE Ratio since EPS is either 0 or negative.
Using default values for calculation.
Forward PE Ratio (using default values): 20.00
Since Forward PE Ratio is between 20 - 25, 2 points assigned.
This criteria used Company's ability to convert Sales into free cash flow to determine fair value:
Using last 20 overlapping fiscal years (max 20).Average Free Cash Flow: $-106 M
Average Revenue: $878 M
Revenue Converted To Free Cash Flow (%): -12.1%
Since Free Cash Flow (FCF) to Revenue percentage is non-positive, 0 point assigned.
This criteria used company's growth potential to calculate its fair value:
Latest Revenue (2024-12-31): $209 M
Revenue 5 Years Ago (2019-12-31): $733 M
Total Growth over 5 Years: -71.5%
5-Year Revenue CAGR (Historical): -22.2%
Forward 5-Year CAGR (Tapered): -20.0%
Since historical Revenue CAGR is between 0 - 5, 1 point assigned.
This criteria used Company's ability to buy back its own share:
Latest Share Count (2024-12-31): $138 M
Share Count 5 Years Ago (2020-12-31): $149 M
Company is buying back its own shares, 3 points assigned.
This criteria used Company's dividend payout ratio to determine its fair value:
Next Year Earnings Per Share (EPS): $0.00
Trailing 12-Month Earnings Per Share (EPS): $0.00
Average Earnings Per Share (EPS): $0.00
Dividend Per Share (DPS): $0
Payout Ratio: 0%
Dividend Yield: 0%
Since Dividend Per Share is less than or equal to 0, 0 point assigned.
Since Dividend Yield is less than 1, 0 point assigned.
This criteria used Company's Return On Equity (ROE%) to determine its fair value:
Using last 20 valid ROE years (max 20).Average ROE: -0.4%
Since Average ROE is non-positive, 0 point assigned.
This criteria used Company's current price to its 52 week low price to determines its fair value:
Current Price: $7.7
52-Week Low: $6.89
Threshold Price (15% Above 52-Week Low): $7.92
Since Current price is within 15% threshold, 5 points assigned.
This criteria used Company's Market Cap to determines its fair value:
Market Capitalization: $1,122 M
Since Market Cap is less than 10B, 1 point assigned.
% Exposure to Total Portfolio
Based on the market cap, we recommend do not exceed 2% exposure of Total Portfolio.
Warren Buffett's Owners' Earnings:
Owners' Earnings (FCF/Share, latest positive annual) (2020-12-31): $0.17
Note: Many fast-growing companies reinvest heavily, so Owners' Earnings may appear low.
Consider other factors in your valuation.
Value-Trade has assigned 15 points to above Apartment Investment and Management Co (AIV) stock.
Last 1 Years Avg PE 15.88, Fair Value PE 12, Industry Based PE 20, Risk-Free Anchored PE (25% MoS) 18.2. Based on these 4 values, average assigned is 16.52. The fair value of Apartment Investment and Management Co (AIV) stock cannot be calculated since EBITDA and EPS are either 0 or negative.
