American Homes 4 Rent (AMH) vs Camden Property Trust (CPT)

American Homes 4 Rent and Camden Property Trust are both Reit Residential companies. Camden Property Trust is the larger, with a market value of $13.2B against $11.0B — 1.2× the size. American Homes 4 Rent trades at the lower P/E: 24.3× against 32.6×. American Homes 4 Rent grew revenue faster over the last twelve months: 4.29% against 0.48%. American Homes 4 Rent has the higher net margin (24.8% vs 20.8%) and the higher return on invested capital (2.37% vs 2.03%). Both pay a dividend; Camden Property Trust yields more (4.07% vs 2.51%). Across the 23 metrics below, American Homes 4 Rent leads on 17 and Camden Property Trust on 6.

Valuation

Metric AMH CPT Reit Residential median
P/E 24.32 32.59 28.48
P/S 5.89 6.42 5.52
P/B 1.48 2.60 1.89
Price to free cash flow 7.39 57.68 18.04
EV/EBITDA 16.15 16.56 15.74
EV/Sales 8.49 9.48 8.08
Earnings yield 4.11% 3.07% 2.37%
Free cash flow yield 13.53% 1.73% 4.03%

Profitability

Metric AMH CPT Reit Residential median
Gross margin 57.33% 63.99% 58.73%
Operating margin 24.99% 17.93% 20.57%
Net margin 24.79% 20.81% 20.81%
Free cash flow margin 79.69% 11.14% 20.24%
Return on equity 6.07% 7.64% 6.86%
Return on assets 3.48% 3.51% 3.17%
Return on invested capital 2.37% 2.03% 2.03%

Growth

Metric AMH CPT Reit Residential median
Revenue growth (TTM) 4.29% 0.48% 2.66%
EPS growth (last fiscal year) 9.26% 136.00% —
Revenue growth, 5-year CAGR 9.55% 8.55% 7.53%
Net income growth, 5-year CAGR 38.79% 25.41% 3.76%

Health

Metric AMH CPT Reit Residential median
Debt to equity 0.69 1.25 0.78
Current ratio 0.59 0.18 0.54
Net debt to EBITDA 5.04 4.26 4.27

Dividend

Metric AMH CPT Reit Residential median
Dividend yield 2.51% 4.07% 4.63%
Payout ratio 0.82 2.06 1.35

Size

Metric AMH CPT Reit Residential median
Market cap 11.04b 13.17b 4.17b

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