Valuation American Homes 4 Rent

Stocks

Market Closed - NYSE 04:00:03 2026-10-28 pm EDT			5-day change	1st Jan Change
31.20 ^USD	-2.01%		+0.84%	-2.80%

Oct. 13	RBC Capital Adjusts American Homes 4 Rent Price Target to $35 From $37, Maintains Outperform Rating	MT
Oct. 12	UBS Adjusts American Homes 4 Rent Price Target to $32 From $35, Maintains Neutral Rating	MT

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	11,226	-	-
Change	-	-26.95%	22.22%	6.2%	-13.85%	-5.76%	-	-
Enterprise Value (EV) ¹	18,415	15,100	17,422	18,638	16,900	16,346	16,481	16,564
Change	-	-18%	15.38%	6.98%	-9.33%	-3.28%	0.83%	0.51%
P/E	106x	42.5x	35.6x	34.6x	27.2x	32x	39x	45x
PBR	2.43x	1.64x	1.88x	1.93x	1.67x	1.76x	1.78x	1.8x
PEG	-	0.6x	0.8x	4.99x	2.94x	-1.8x	-2.2x	-3.4x
Capitalization / Revenue	11.2x	7.15x	8.02x	8x	6.44x	5.9x	5.7x	5.44x
EV / Revenue	14.1x	10.1x	10.7x	10.8x	9.13x	8.58x	8.36x	8.03x
EV / EBITDA	27.9x	20.6x	21.5x	20.4x	17.4x	16.1x	15.6x	14.9x
EV / EBIT	64x	45.6x	49.4x	46.5x	36.4x	33x	31.1x	28.4x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.4	0.72	0.88	1.04	1.2	1.317	1.38	1.481
Rate of return	0.92%	2.39%	2.45%	2.78%	3.74%	4.22%	4.42%	4.75%
EPS ²	0.41	0.71	1.01	1.08	1.18	0.9748	0.8001	0.6927
Distribution rate	97.6%	101%	87.1%	96.3%	102%	135%	173%	214%
Net sales ¹	1,304	1,491	1,624	1,729	1,850	1,904	1,971	2,064
EBITDA ¹	660.4	734.2	809.3	912.1	968.5	1,015	1,057	1,109
EBIT ¹	287.5	331.2	352.7	400.7	464.1	495.6	530	582.7
Net income ¹	135.3	250.8	366.2	398.5	439	380.2	288.7	272.7
Net Debt ¹	3,832	4,447	4,402	4,811	4,987	5,119	5,254	5,338
Reference price ²	43.61	30.14	35.96	37.42	32.10	31.20	31.20	31.20
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

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
AMERICAN HOMES 4 RENT	32.66x	8.7x	16.33x	4.14%	11.46B
VIVMARK RESIDENTIAL	39.77x	13.06x	23.14x	-	48.4B
ESSEX PROPERTY TRUST, INC.	48.27x	12.45x	19.02x	3.77%	17.66B
INVITATION HOMES INC.	27.19x	8.17x	15.82x	4.42%	16.06B
SUN COMMUNITIES, INC.	-17.69x	9.19x	18.46x	3.89%	13.79B
MID-AMERICA APARTMENT COMMUNITIES, INC.	31.59x	8.76x	15.55x	5.17%	13.78B
EQUITY LIFESTYLE PROPERTIES, INC.	29.04x	9.36x	19.3x	3.63%	11.55B
UDR, INC.	29.05x	10.11x	16.24x	4.88%	11.44B
CAMDEN PROPERTY TRUST	66.97x	9.22x	16.52x	4.18%	10.41B
INDEPENDENCE REALTY TRUST, INC.	93.13x	8.66x	15.59x	4.77%	3.5B
Average	38.00x	9.77x	17.60x	4.32%	15.8B
Weighted average by Cap.	34.61x	10.63x	18.99x	4.27%