Financials Acadia Realty Trust

Equities

AKR

US0042391096

Commercial REITs

Market Closed - Nyse 04:00:01 2024-04-26 pm EDT 5-day change 1st Jan Change
17.32 USD -0.35% Intraday chart for Acadia Realty Trust +1.58% +1.94%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,255 1,224 1,931 1,363 1,620 1,784 - -
Enterprise Value (EV) 1 3,947 2,969 3,726 3,139 3,473 3,028 2,921 3,015
P/E ratio 41.8 x -142 x 84 x -37.8 x 85 x 78.9 x 74.5 x 96.2 x
Yield 4.36% 2.04% 2.75% 5.02% 4.24% 4.21% 4.36% 4.45%
Capitalization / Revenue 7.63 x 4.79 x 6.6 x 4.18 x 4.78 x 5.53 x 4.94 x 4.73 x
EV / Revenue 13.4 x 11.6 x 12.7 x 9.62 x 10.3 x 9.38 x 8.09 x 8 x
EV / EBITDA 23.3 x 24.9 x 24.3 x 17.4 x 16.4 x 16 x 14.8 x 13.7 x
EV / FCF - 72.6 x 35.5 x - - 149 x 57 x -
FCF Yield - 1.38% 2.82% - - 0.67% 1.75% -
Price to Book 1.52 x 0.9 x 1.28 x 0.81 x 0.99 x 1.12 x 1.13 x -
Nbr of stocks (in thousands) 86,949 86,268 88,454 94,957 95,341 102,989 - -
Reference price 2 25.93 14.19 21.83 14.35 16.99 17.32 17.32 17.32
Announcement Date 2/12/20 2/10/21 2/15/22 2/14/23 2/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 295.3 255.5 292.5 326.3 338.7 322.7 360.9 376.8
EBITDA 1 169.4 119.3 153.5 180.3 212.2 189.6 197.2 220
EBIT 1 44 -30.46 30.06 44.38 49.08 87.74 95.39 104.2
Operating Margin 14.9% -11.92% 10.28% 13.6% 14.49% 27.19% 26.43% 27.65%
Earnings before Tax (EBT) - - - - - - - -
Net income 1 53.04 -8.759 23.15 -35.44 19.87 19.92 24.39 18
Net margin 17.96% -3.43% 7.91% -10.86% 5.87% 6.17% 6.76% 4.78%
EPS 2 0.6200 -0.1000 0.2600 -0.3800 0.2000 0.2195 0.2326 0.1800
Free Cash Flow 1 - 40.87 105 - - 20.31 51.25 -
FCF margin - 16% 35.89% - - 6.29% 14.2% -
FCF Conversion (EBITDA) - 34.25% 68.39% - - 10.71% 25.99% -
FCF Conversion (Net income) - - 453.54% - - 101.93% 210.15% -
Dividend per Share 2 1.130 0.2900 0.6000 0.7200 0.7200 0.7295 0.7556 0.7712
Announcement Date 2/12/20 2/10/21 2/15/22 2/14/23 2/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 73.45 79.36 81.51 84.26 79.95 80.58 81.84 89.95 81.39 85.51 84.58 84.15 85.91 89.32 -
EBITDA 1 39.45 42.65 23.16 48.4 43.56 42.74 45.28 53.71 40.42 47.85 50.03 49.54 51.74 54.52 47.02
EBIT 1 8.584 10.46 11.23 13.43 28.24 9.248 12.11 19.66 6.691 10.62 21.52 20.71 22.6 22.91 -
Operating Margin 11.69% 13.17% 13.77% 15.94% 35.33% 11.48% 14.79% 21.85% 8.22% 12.42% 25.44% 24.62% 26.31% 25.65% -
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income 1 12.07 2.724 16.84 -0.374 -55.89 3.982 13.36 9.029 -1.426 -1.337 2.449 3.79 3.942 9.004 3.709
Net margin 16.43% 3.43% 20.66% -0.44% -69.91% 4.94% 16.32% 10.04% -1.75% -1.56% 2.9% 4.5% 4.59% 10.08% -
EPS 2 0.1300 0.0300 0.1800 -0.003900 -0.5900 0.0400 0.1400 0.0900 -0.0200 -0.0200 0.0348 0.0331 0.0926 0.0696 0.0400
Dividend per Share 2 0.1500 0.1500 0.1800 0.1800 0.1800 0.1800 0.1800 0.1800 0.1800 0.1800 0.1800 0.1800 0.1818 0.1818 0.1900
Announcement Date 10/26/21 2/15/22 5/2/22 8/2/22 11/1/22 2/14/23 5/2/23 8/1/23 10/30/23 2/13/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,692 1,745 1,795 1,776 1,853 1,244 1,137 1,231
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 9.988 x 14.62 x 11.69 x 9.85 x 8.733 x 6.561 x 5.768 x 5.595 x
Free Cash Flow 1 - 40.9 105 - - 20.3 51.3 -
ROE (net income / shareholders' equity) 3.53% -0.59% 1.56% -2.21% 1.19% 1.77% 2.08% 2.76%
ROA (Net income/ Total Assets) 1.28% -0.21% 0.55% -0.83% 0.46% 0.85% 0.98% -
Assets 1 4,134 4,248 4,196 4,282 4,297 2,341 2,478 -
Book Value Per Share 2 17.10 15.80 17.00 17.80 17.20 15.50 15.30 -
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/12/20 2/10/21 2/15/22 2/14/23 2/13/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
17.32 USD
Average target price
18.33 USD
Spread / Average Target
+5.85%
Consensus
  1. Stock Market
  2. Equities
  3. AKR Stock
  4. Financials Acadia Realty Trust