AXR
AMREP Corporation
AXR's fundamentals are weak and it looks expensive: trading at 19x earnings, above its usual 11x.
AXR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Stable | |
| N/A | |
| N/A |
AXR's profitability is currently stable, but its revenue is weak. Free cash flow and net leverage aren't meaningful measures for real estate companies like AXR.
AXR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.2x | $6.73 | -68% |
| Fair | 11x | $11.70 | -45% |
| Current | 19x | $21.12 | — |
| Expensive | 20x | $21.27 | +0.7% |
Historical ranges are pointers, not guarantees.
AXR's PE is in its expensive range at 19x.
AXR Forward outlook
There aren't enough analyst estimates for AXR to show an outlook.
AXR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $1.09 | -56% |
| Q2 2026 | $1.91 | -19% |
| Q1 2026 | $2.40 | -0.4% |
| Q4 2025 | $1.95 | -15% |
| Q3 2025 | $2.48 | +41% |
| Q2 2025 | $2.37 | +90% |
| Q1 2025 | $2.41 | +460% |
| Q4 2024 | $2.30 | -35% |
AXR's earnings per share have fallen from their peak: $1.09 over the past year, against $4.11 in early 2023.
AXR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $6.1M | -66% |
| Q2 2026 | $11M | -1.4% |
| Q1 2026 | $14.6M | +94% |
| Q4 2025 | $9.4M | -21% |
| Q3 2025 | $17.9M | -6.5% |
| Q2 2025 | $11.2M | -43% |
| Q1 2025 | $7.5M | -41% |
| Q4 2024 | $11.9M | +34% |
AXR's revenue has slid since its 2022 peak: $6M last quarter, down 66% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -2.7% | -37 points |
| Q2 2026 | 19% | -12 points |
| Q1 2026 | 21% | +15 points |
| Q4 2025 | 12% | -15 points |
| Q3 2025 | 34% | +8.3 points |
| Q2 2025 | 32% | +7.7 points |
| Q1 2025 | 5.7% | +6.9 points |
| Q4 2024 | 26% | +15 points |
AXR's operating margin was −2.7% last quarter, down 37 points from the same quarter a year ago.
AXR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.6M | -138% |
| Q2 2026 | $2.2M | -13% |
| Q1 2026 | $5.4M | +$8.6M |
| Q4 2025 | -$4.3M | -$4M |
| Q3 2025 | $9.5M | -11% |
| Q2 2025 | $2.5M | -65% |
| Q1 2025 | -$3.3M | -344% |
| Q4 2024 | -$268K | -$213K |
AXR's free cash flow was −$367,000 over the past year, against $9M the year before. Free cash flow isn't a meaningful measure for real estate companies like AXR.
AXR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +0.3% | +18K shares |
| 3 years | +1.6% | +83K shares |
AXR has 5M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | $888,000 |
AXR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -7.6x | Net Cash |
| Q2 2026 | -4.1x | Net Cash |
| Q1 2026 | -3.5x | Net Cash |
| Q4 2025 | -3.9x | Net Cash |
| Q3 2025 | -3.6x | Net Cash |
| Q2 2025 | -3.2x | Net Cash |
| Q1 2025 | -2.8x | Net Cash |
| Q4 2024 | -3.1x | Net Cash |
AXR has more cash than debt. Net leverage isn't a meaningful measure for real estate companies like AXR.
AXR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.3 | Neutral |
| Stochastic | 36.6 | Neutral |
AXR's weekly RSI is 40 (neutral) and its Stochastic is 37 (neutral).
AXR PE vs Real Estate Sector
| Metric | AXR | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 24x | 19% below |
| PE % | 82 | 23 | 59 pts above |
AXR is trading at 19x earnings, a 19% discount to the Real Estate sector's median of 24x.
AXR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $21.1 | 0.1% above |
| 20 week MA | $22.7 | 6.9% below |
| 50 week MA | $23.5 | 10% below |
| 100 week MA | $23.7 | 11% below |
| 200 week MA | $21.9 | 3.6% below |
AXR has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 3.6% below its 200-week average.
AXR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.74 | $8.62 | +50% |
| 2021 | $8.62 | $17.1 | +98% |
| 2022 | $17.1 | $11.9 | -31% |
| 2023 | $11.9 | $22.0 | +85% |
| 2024 | $22.0 | $30.5 | +39% |
| 2025 | $30.5 | $18.9 | -38% |
| 2026 YTD | $18.9 | $21.1 | +12% |
AXR has finished higher in four of the last six years, three of them by more than 50%. It's up 12% so far in 2026.