Apartment Investment and Management Company (AIV) vs Elme Communities (ELME)

Apartment Investment and Management Company and Elme Communities are both Reit Residential companies. Apartment Investment and Management Company is the larger, with a market value of $315.2M against $151.1M — 2.1× the size. Elme Communities has negative trailing earnings, so its P/E is not meaningful; Apartment Investment and Management Company trades at 0.6×. Elme Communities grew revenue faster over the last twelve months: 3.10% against 0.57%. Apartment Investment and Management Company has the higher net margin (400.1% vs −54.6%) and the lower return on invested capital (−14.6% vs −3.76%). Across the 19 metrics below, Apartment Investment and Management Company leads on 10 and Elme Communities on 9.

Valuation

Metric AIV ELME Reit Residential median
P/E 0.56 n/m 28.48
P/S 2.18 0.62 5.52
P/B 0.76 0.17 1.89
Price to free cash flow 0.34 3.10 18.04
EV/EBITDA n/m 471.45 15.74
EV/Sales 4.58 3.45 8.08
Earnings yield 179.82% (87.86%) 2.37%
Free cash flow yield 292.42% 32.27% 4.03%

Profitability

Metric AIV ELME Reit Residential median
Gross margin 50.64% 52.75% 58.73%
Operating margin (122.49%) (39.18%) 20.57%
Net margin 400.05% (54.57%) 20.81%
Free cash flow margin 636.84% 19.92% 20.24%
Return on equity 196.47% (13.42%) 6.86%
Return on assets 30.50% (7.61%) 3.17%
Return on invested capital (14.59%) (3.76%) 2.03%

Growth

Metric AIV ELME Reit Residential median
Revenue growth (TTM) 0.57% 3.10% 2.66%
EPS growth (last fiscal year) 616.00% 75.41% —
Revenue growth, 5-year CAGR (1.77%) 6.48% 7.53%
Net income growth, 5-year CAGR 0.00% 0.00% 3.76%

Health

Metric AIV ELME Reit Residential median
Debt to equity 1.87 0.78 0.78
Current ratio 3.46 0.54 0.54
Net debt to EBITDA (2.98) 5.58 4.27

Dividend

Metric AIV ELME Reit Residential median
Dividend yield — 5.00% 4.63%
Payout ratio 0.00 — 1.35

Size

Metric AIV ELME Reit Residential median
Market cap 315.17m 151.06m 4.17b

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