AMREP Corporation (AXR) vs RenX Enterprises Corp. (RENX)

AMREP Corporation and RenX Enterprises Corp. are both Real Estate Development companies. AMREP Corporation is the larger, with a market value of $120.5M against $5.2M — 23.1× the size. RenX Enterprises Corp. has negative trailing earnings, so its P/E is not meaningful; AMREP Corporation trades at 20.3×. RenX Enterprises Corp. grew revenue faster over the last twelve months: 877.3% against −15.3%. AMREP Corporation has the higher net margin (14.3% vs −193.4%) and the higher return on invested capital (4.13% vs −26.3%). Across the 18 metrics below, AMREP Corporation leads on 14 and RenX Enterprises Corp. on 4.

Valuation

Metric AXR RENX Real Estate Development median
P/E 20.34 n/m 7.17
P/S 2.91 0.38 1.63
P/B 0.85 0.81 0.70
Price to free cash flow n/m n/m 7.76
EV/EBITDA 11.00 n/m 11.00
EV/Sales 1.71 1.82 2.43
Earnings yield 4.92% (407.70%) 7.33%
Free cash flow yield (0.31%) (310.77%) (1.59%)

Profitability

Metric AXR RENX Real Estate Development median
Gross margin 38.17% 30.17% 29.60%
Operating margin 14.82% (80.04%) (2.67%)
Net margin 14.31% (193.37%) 3.36%
Free cash flow margin (0.89%) (118.44%) (0.89%)
Return on equity 4.26% (508.49%) 0.56%
Return on assets 4.10% (74.66%) 1.11%
Return on invested capital 4.13% (26.28%) 0.00%

Growth

Metric AXR RENX Real Estate Development median
Revenue growth (TTM) (15.29%) 877.27% 11.77%
EPS growth (last fiscal year) (19.41%) 57.06% —
Revenue growth, 5-year CAGR 5.69% — 5.69%
Net income growth, 5-year CAGR 6.84% 0.00% 0.00%

Health

Metric AXR RENX Real Estate Development median
Debt to equity 0.00 3.37 0.37
Current ratio 11.04 0.16 0.63
Net debt to EBITDA (4.15) (1.89) 1.81

Dividend

Metric AXR RENX Real Estate Development median
Dividend yield — — —
Payout ratio 0.00 — 0.00

Size

Metric AXR RENX Real Estate Development median
Market cap 120.50m 5.22m 178.40m

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