AMREP Corporation

AMREP Corporation

AXRยทNYSE

$25.74

-0.44%
Real EstateReal Estate - Development

AMREP Corporation, through its subsidiaries, primarily engages in the real estate business. The company operates through two segments, Land Development and Homebuilding. The company sells developed and undeveloped lots to homebuilders, commercial and industrial property developers, and others. As of July 1, 2022, it owned approximately 17,000 acres in Sandoval County, New Mexico. The company owns an approximately 160-acre property in Brighton, Colorado. It also owns mineral interests covering an area of approximately 55,000 surface acres of land in Sandoval County, New Mexico; and owns oil, gas, and minerals and mineral interests covering an area of approximately 147 surface acres of land in Brighton, Colorado. Additionally, the company focuses on selling single-family detached homes and attached homes. AMREP Corporation was founded in 1961 and is headquartered in Havertown, Pennsylvania.

At a Glance

Live Snapshot
Market Cap$136.56M
EPS2.3900
P/E Ratio10.77
Earnings Date07/28/2026
AMREP Corporation

AMREP Corporation Fair Value Envelope

AXR ยท NYSE

Our analysis suggests that AXR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $25.74, this represents a potential HIDDEN relative to our calculated worth for AMREP Corporation.

Intrinsic Value
Current Price: $25.74

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$95.2M
+ Cash & Equivalents$39.9M
Firm Value$135.1M
- Debt$68.0K
Equity Value$135.0M
/ Shares Outstanding5,305,949B
DCF Value$25
OVERVALUED BY 1%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$9.6M
$9.1M
$8.6M
$8.1M
$7.6M
$7.1M
$6.7M
$6.3M
$6.0M
$5.6M
Maintenance CapEx
-$109.8K
-$103.4K
-$97.4K
-$91.7K
-$86.3K
-$81.3K
-$76.6K
-$72.1K
-$67.9K
-$63.9K
Owner Earnings
$9.5M
$9.0M
$8.5M
$8.0M
$7.5M
$7.1M
$6.6M
$6.3M
$5.9M
$5.6M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$8.8M
$7.7M
$6.7M
$5.9M
$5.1M
$4.4M
$3.9M
$3.4M
$2.9M
$2.6M
Terminal Value represents 46.0% of Enterprise Value