Company Valuation: American Homes 4 Rent

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 14,583 10,653 13,020 13,827 11,912 12,460 - -
Change - -26.95% 22.22% 6.2% -13.85% 4.6% - -
Enterprise Value (EV) 1 18,415 15,100 17,422 18,638 16,900 17,513 17,837 17,974
Change - -18% 15.38% 6.98% -9.33% 3.63% 1.85% 0.77%
P/E 106x 42.5x 35.6x 34.6x 27.2x 39.2x 45.1x 50.4x
PBR 2.43x 1.64x 1.88x 1.93x 1.67x 2.05x 1.97x 1.99x
PEG - 0.6x 0.8x 4.99x 2.94x -1.6x -3.5x -4.8x
Capitalization / Revenue 11.2x 7.15x 8.02x 8x 6.44x 6.55x 6.34x 6.07x
EV / Revenue 14.1x 10.1x 10.7x 10.8x 9.13x 9.21x 9.08x 8.76x
EV / EBITDA 27.9x 20.6x 21.5x 20.4x 17.4x 17.3x 17x 16.3x
EV / EBIT 64x 45.6x 49.4x 46.5x 36.4x 35x 33.4x 30.6x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.4 0.72 0.88 1.04 1.2 1.318 1.383 1.445
Rate of return 0.92% 2.39% 2.45% 2.78% 3.74% 3.81% 3.99% 4.17%
EPS 2 0.41 0.71 1.01 1.08 1.18 0.8825 0.7673 0.6866
Distribution rate 97.6% 101% 87.1% 96.3% 102% 149% 180% 211%
Net sales 1 1,304 1,491 1,624 1,729 1,850 1,902 1,964 2,052
EBITDA 1 660.4 734.2 809.3 912.1 968.5 1,011 1,051 1,101
EBIT 1 287.5 331.2 352.7 400.7 464.1 500.8 534.6 588.1
Net income 1 135.3 250.8 366.2 398.5 439 354.4 286.7 281.7
Net Debt 1 3,832 4,447 4,402 4,811 4,987 5,053 5,377 5,514
Reference price 2 43.61 30.14 35.96 37.42 32.10 34.63 34.63 34.63
Nbr of stocks (in thousands) 334,396 353,445 362,056 369,507 371,106 359,815 - -
Announcement Date 2/24/22 2/23/23 2/22/24 2/20/25 2/19/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
39.24x9.21x17.32x3.81% 12.46B
34.61x11.52x18.94x3.8% 26.75B
50.92x10.56x17.79x4.19% 25.15B
48.93x13.06x19.64x3.6% 18.52B
35.11x8.91x16.94x3.96% 17.94B
36.57x9.72x17.28x4.55% 15.66B
55.27x8.52x19.32x3.69% 14.67B
31.75x10.11x20.68x3.33% 12.65B
41.01x10.67x17.98x4.52% 12.34B
99.23x9.76x17.73x3.79% 11.48B
Average 47.27x 10.20x 18.36x 3.92% 16.76B
Weighted average by Cap. 45.71x 10.37x 18.37x 3.93%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. AMH Stock
  4. Valuation American Homes 4 Rent