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Added to YB: 2024-11-22

Pitch date: 2024-11-20

AXR [bullish]

AMREP Corporation

-46.47%

current return

Author Info

Company Info

AMREP Corporation, through its subsidiaries, engages in the real estate business in the United States.

Market Cap

$106.7M

Pitch Price

$37.66

Price Target

N/A

Dividend

N/A

EV/EBITDA

4.27

P/E

8.16

EV/Sales

1.19

Sector

Real Estate Management and Development

Category

growth

Show full summary:
Amrep Corp - $AXR

AXR: Land developer in Sandoval County, NM, owns 17k acres. Potential growth from Intel's $3.5B expansion, other tech companies moving in. Strong financials: no debt, $40M cash, rising FCF. Undervalued assets vs. market. Risky microcap, but poised for growth in hot RE market. Stock up 13.5% recently.

Read full article (7 min)