Financials Apartment Investment and Management Company

Equities

AIV

US03748R7474

Residential REITs

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
8.05 USD +0.88% Intraday chart for Apartment Investment and Management Company +2.81% +2.81%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 786 1,175 1,079 1,141
Enterprise Value (EV) 1 1,566 2,545 1,986 2,291
P/E ratio -156 x -193 x 14.5 x -6.75 x
Yield - - - -
Capitalization / Revenue 5.16 x 6.88 x 5.65 x 6.07 x
EV / Revenue 5.16 x 6.88 x 5.65 x 6.07 x
EV / EBITDA 9.79 x 16.8 x 13.6 x 14 x
EV / FCF 839,422,932 x -8,422,956 x -5,320,492 x -4,954,398 x
FCF Yield 0% -0% -0% -0%
Price to Book 1.57 x 2.31 x 1.9 x 3.15 x
Nbr of stocks (in thousands) 148,866 152,238 151,532 145,760
Reference price 2 5.280 7.720 7.120 7.830
Announcement Date 3/12/21 3/1/22 2/27/23 2/26/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 133.1 144.6 152.3 170.8 190.9 187.9
EBITDA 1 73.78 80.02 80.28 70.04 79.46 81.29
EBIT 1 24.41 15.99 2.311 -14.67 6.191 12.46
Operating Margin 18.34% 11.06% 1.52% -8.59% 3.24% 6.63%
Earnings before Tax (EBT) 1 3.672 -3.188 -15.92 -18.55 109.4 -170.1
Net income 1 3.243 0.304 -5.041 -5.91 75.73 -166.2
Net margin 2.44% 0.21% -3.31% -3.46% 39.66% -88.46%
EPS 2 0.0200 0.002046 -0.0339 -0.0400 0.4900 -1.160
Free Cash Flow - - 0.9364 -139.5 -202.8 -230.4
FCF margin - - 0.61% -81.69% -106.21% -122.62%
FCF Conversion (EBITDA) - - 1.17% - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 3/12/21 3/12/21 3/12/21 3/1/22 2/27/23 2/26/24
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -8.817
Net margin -
EPS 2 -0.0600
Dividend per Share -
Announcement Date 5/4/23
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt - 554 780 1,370 907 1,150
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - 6.917 x 9.713 x 19.55 x 11.41 x 14.15 x
Free Cash Flow - - 0.94 -140 -203 -230
ROE (net income / shareholders' equity) - - -1.07% -0.86% 13.3% -22.7%
ROA (Net income/ Total Assets) - - 0.09% -0.43% 0.17% 0.36%
Assets 1 - - -5,415 1,378 45,183 -45,583
Book Value Per Share - 3.460 3.350 3.340 3.740 2.490
Cash Flow per Share - 0.0400 1.940 1.560 1.410 0.8700
Capex 1 37.8 39.3 23.9 178 238 272
Capex / Sales 28.43% 27.2% 15.69% 104.1% 124.41% 145.05%
Announcement Date 3/12/21 3/12/21 3/12/21 3/1/22 2/27/23 2/26/24
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
8.05
Average target price
-
Consensus

Annual profits - Rate of surprise

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