Apartment Investment and Management Company (AIV) vs Clipper Realty Inc. (CLPR)

Apartment Investment and Management Company and Clipper Realty Inc. are both Reit Residential companies. Apartment Investment and Management Company is the larger, with a market value of $315.2M against $55.1M — 5.7× the size. Clipper Realty Inc. has negative trailing earnings, so its P/E is not meaningful; Apartment Investment and Management Company trades at 0.6×. Apartment Investment and Management Company grew revenue faster over the last twelve months: 0.57% against −1.72%. Apartment Investment and Management Company has the higher net margin (400.1% vs −10.0%) and the lower return on invested capital (−14.6% vs 0.00%). Across the 18 metrics below, Apartment Investment and Management Company leads on 11 and Clipper Realty Inc. on 7.

Valuation

Metric AIV CLPR Reit Residential median
P/E 0.56 n/m 28.48
P/S 2.18 0.35 5.52
P/B 0.76 n/m 1.89
Price to free cash flow 0.34 3.60 18.04
EV/EBITDA n/m n/m 15.74
EV/Sales 4.58 (0.06) 8.08
Earnings yield 179.82% (28.44%) 2.37%
Free cash flow yield 292.42% 27.79% 4.03%

Profitability

Metric AIV CLPR Reit Residential median
Gross margin 50.64% 54.91% 58.73%
Operating margin (122.49%) 20.30% 20.57%
Net margin 400.05% (10.00%) 20.81%
Free cash flow margin 636.84% 9.70% 20.24%
Return on equity 196.47% 18.58% 6.86%
Return on assets 30.50% (1.23%) 3.17%
Return on invested capital (14.59%) 0.00% 2.03%

Growth

Metric AIV CLPR Reit Residential median
Revenue growth (TTM) 0.57% (1.72%) 2.66%
EPS growth (last fiscal year) 616.00% (237.99%) —
Revenue growth, 5-year CAGR (1.77%) 4.51% 7.53%
Net income growth, 5-year CAGR 0.00% 0.00% 3.76%

Health

Metric AIV CLPR Reit Residential median
Debt to equity 1.87 0.00 0.78
Current ratio 3.46 0.05 0.54
Net debt to EBITDA (2.98) (1.50) 4.27

Dividend

Metric AIV CLPR Reit Residential median
Dividend yield — 7.65% 4.63%
Payout ratio 0.00 — 1.35

Size

Metric AIV CLPR Reit Residential median
Market cap 315.17m 55.10m 4.17b

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