AMREP Corporation (AXR) - Net Assets
Based on the latest financial reports, AMREP Corporation (AXR) has net assets worth $140.74 Million USD as of April 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($147.35 Million) and total liabilities ($6.61 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check AMREP Corporation PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $140.74 Million |
| % of Total Assets | 95.52% |
| Annual Growth Rate | 2.41% |
| 5-Year Change | 69.24% |
| 10-Year Change | 65.91% |
| Growth Volatility | 11.72 |
AMREP Corporation - Net Assets Trend (1986–2026)
This chart illustrates how AMREP Corporation's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see AMREP Corporation (AXR) market capitalisation.
Annual Net Assets for AMREP Corporation (1986–2026)
The table below shows the annual net assets of AMREP Corporation from 1986 to 2026. Also explore AMREP Corporation net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-04-30 | $140.74 Million | +8.30% |
| 2025-04-30 | $129.95 Million | +10.08% |
| 2024-04-30 | $118.05 Million | +6.35% |
| 2023-04-30 | $111.00 Million | +33.47% |
| 2022-04-30 | $83.16 Million | -6.44% |
| 2021-04-30 | $88.89 Million | +5.02% |
| 2020-04-30 | $84.64 Million | -5.80% |
| 2019-04-30 | $89.85 Million | +3.74% |
| 2018-04-30 | $86.61 Million | +2.09% |
| 2017-04-30 | $84.83 Million | +2.40% |
| 2016-04-30 | $82.84 Million | -11.23% |
| 2015-04-30 | $93.32 Million | +17.68% |
| 2014-04-30 | $79.30 Million | +9.32% |
| 2013-04-30 | $72.54 Million | -2.82% |
| 2012-04-30 | $74.64 Million | -5.45% |
| 2011-04-30 | $78.95 Million | -8.80% |
| 2010-04-30 | $86.57 Million | -10.09% |
| 2009-04-30 | $96.28 Million | -33.62% |
| 2008-04-30 | $145.06 Million | -9.34% |
| 2007-04-30 | $160.00 Million | +34.49% |
| 2006-04-30 | $118.97 Million | +1.33% |
| 2005-04-30 | $117.41 Million | +11.26% |
| 2004-04-30 | $105.52 Million | +12.46% |
| 2003-04-30 | $93.83 Million | +0.37% |
| 2002-04-30 | $93.48 Million | +4.12% |
| 2001-04-30 | $89.78 Million | -2.39% |
| 2000-04-30 | $91.98 Million | +0.42% |
| 1999-04-30 | $91.60 Million | +9.05% |
| 1998-04-30 | $84.00 Million | +10.82% |
| 1997-04-30 | $75.80 Million | +10.50% |
| 1996-04-30 | $68.60 Million | +4.10% |
| 1995-04-30 | $65.90 Million | +7.33% |
| 1994-04-30 | $61.40 Million | +13.49% |
| 1993-04-30 | $54.10 Million | 0.00% |
| 1992-04-30 | $54.10 Million | -11.17% |
| 1991-04-30 | $60.90 Million | -6.60% |
| 1990-04-30 | $65.20 Million | -3.26% |
| 1989-04-30 | $67.40 Million | +1.97% |
| 1988-04-30 | $66.10 Million | +9.26% |
| 1987-04-30 | $60.50 Million | +11.42% |
| 1986-04-30 | $54.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AMREP Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 231.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $106.31 Million | 75.54% |
| Common Stock | $531.00K | 0.38% |
| Other Components | $33.90 Million | 24.09% |
| Total Equity | $140.74 Million | 100.00% |
AMREP Corporation Competitors by Market Cap
The table below lists competitors of AMREP Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vakif Finansal Kiralama AS
IS:VAKFN
|
$115.35 Million |
|
GRP Limited
NSE:GRPLTD
|
$115.36 Million |
|
Vardhman Holdings Limited
NSE:VHL
|
$115.38 Million |
|
Lang Inc
TW:6165
|
$115.38 Million |
|
Soquicom
SN:SOQUICOM
|
$115.31 Million |
|
SHANGHAI FUDAN H YC-,10
F:FDY
|
$115.27 Million |
|
DIRTT Environmental Solutions Ltd.
TO:DRT
|
$115.27 Million |
|
United Recommend International Co Ltd
TWO:5321
|
$115.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AMREP Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 129,961,000 to 140,743,000, a change of 10,782,000 (8.3%).
- Net income of 10,288,000 contributed positively to equity growth.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $10.29 Million | +7.31% |
| Other Changes | $494.00K | +0.35% |
| Total Change | $- | 8.30% |
Book Value vs Market Value Analysis
This analysis compares AMREP Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.87x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.77x to 0.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-04-30 | $8.17 | $22.60 | x |
| 1987-04-30 | $9.17 | $22.60 | x |
| 1988-04-30 | $10.25 | $22.60 | x |
| 1989-04-30 | $10.67 | $22.60 | x |
| 1990-04-30 | $9.51 | $22.60 | x |
| 1991-04-30 | $9.21 | $22.60 | x |
| 1992-04-30 | $8.19 | $22.60 | x |
| 1993-04-30 | $9.02 | $22.60 | x |
| 1994-04-30 | $8.60 | $22.60 | x |
| 1995-04-30 | $8.97 | $22.60 | x |
| 1996-04-30 | $9.23 | $22.60 | x |
| 1997-04-30 | $10.28 | $22.60 | x |
| 1998-04-30 | $11.32 | $22.60 | x |
| 1999-04-30 | $12.43 | $22.60 | x |
| 2000-04-30 | $12.42 | $22.60 | x |
| 2001-04-30 | $13.66 | $22.60 | x |
| 2002-04-30 | $14.22 | $22.60 | x |
| 2003-04-30 | $14.24 | $22.60 | x |
| 2004-04-30 | $16.00 | $22.60 | x |
| 2005-04-30 | $17.75 | $22.60 | x |
| 2006-04-30 | $17.94 | $22.60 | x |
| 2007-04-30 | $24.06 | $22.60 | x |
| 2008-04-30 | $23.22 | $22.60 | x |
| 2009-04-30 | $16.06 | $22.60 | x |
| 2010-04-30 | $14.44 | $22.60 | x |
| 2011-04-30 | $13.17 | $22.60 | x |
| 2012-04-30 | $12.45 | $22.60 | x |
| 2013-04-30 | $12.10 | $22.60 | x |
| 2014-04-30 | $11.35 | $22.60 | x |
| 2015-04-30 | $11.78 | $22.60 | x |
| 2016-04-30 | $10.28 | $22.60 | x |
| 2017-04-30 | $10.50 | $22.60 | x |
| 2018-04-30 | $10.69 | $22.60 | x |
| 2019-04-30 | $11.09 | $22.60 | x |
| 2020-04-30 | $10.41 | $22.60 | x |
| 2021-04-30 | $11.44 | $22.60 | x |
| 2022-04-30 | $11.56 | $22.60 | x |
| 2023-04-30 | $20.92 | $22.60 | x |
| 2024-04-30 | $22.08 | $22.60 | x |
| 2025-04-30 | $24.21 | $22.60 | x |
| 2026-04-30 | $26.10 | $22.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AMREP Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.47%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.05x
- Recent ROE (7.31%) is above the historical average (3.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 17.50% | 9.46% | 0.64x | 2.88x | $4.07 Million |
| 1987 | 10.25% | 6.28% | 0.63x | 2.60x | $150.00K |
| 1988 | 3.03% | 2.28% | 0.57x | 2.32x | $-4.61 Million |
| 1989 | 1.78% | 1.32% | 0.47x | 2.85x | $-5.54 Million |
| 1990 | -3.68% | -3.17% | 0.39x | 2.98x | $-8.92 Million |
| 1991 | -7.06% | -6.85% | 0.35x | 2.98x | $-10.39 Million |
| 1992 | -12.57% | -10.03% | 0.40x | 3.11x | $-12.21 Million |
| 1994 | 3.91% | 1.99% | 0.67x | 2.91x | $-3.74 Million |
| 1995 | 6.07% | 2.74% | 0.78x | 2.82x | $-2.59 Million |
| 1996 | 4.08% | 1.80% | 0.85x | 2.65x | $-4.06 Million |
| 1997 | 9.63% | 5.24% | 0.68x | 2.71x | $-280.00K |
| 1998 | 9.76% | 5.07% | 0.70x | 2.74x | $-200.00K |
| 1999 | 8.19% | 4.07% | 0.85x | 2.38x | $-1.66 Million |
| 2000 | 1.27% | 1.01% | 0.67x | 1.87x | $-8.03 Million |
| 2001 | 2.85% | 3.68% | 0.42x | 1.84x | $-6.42 Million |
| 2002 | 3.96% | 4.62% | 0.54x | 1.60x | $-5.65 Million |
| 2003 | 6.69% | 8.50% | 0.46x | 1.70x | $-3.11 Million |
| 2004 | 11.07% | 8.91% | 0.77x | 1.62x | $1.12 Million |
| 2005 | 13.22% | 11.54% | 0.69x | 1.66x | $3.78 Million |
| 2006 | 21.90% | 17.57% | 0.78x | 1.59x | $14.15 Million |
| 2007 | 28.19% | 22.02% | 0.70x | 1.83x | $29.11 Million |
| 2008 | 9.45% | 7.97% | 0.60x | 1.96x | $-800.60K |
| 2009 | -45.14% | -29.79% | 0.64x | 2.36x | $-53.09 Million |
| 2010 | -10.95% | -7.87% | 0.57x | 2.44x | $-18.14 Million |
| 2011 | -9.58% | -7.82% | 0.51x | 2.41x | $-15.46 Million |
| 2012 | -1.53% | -1.34% | 0.42x | 2.72x | $-8.61 Million |
| 2013 | -3.91% | -3.42% | 0.42x | 2.70x | $-10.09 Million |
| 2014 | -3.71% | -3.37% | 0.47x | 2.33x | $-10.87 Million |
| 2015 | 12.13% | 22.74% | 0.36x | 1.49x | $1.99 Million |
| 2016 | -12.34% | -24.54% | 0.35x | 1.46x | $-18.51 Million |
| 2017 | -0.02% | -0.04% | 0.40x | 1.26x | $-8.50 Million |
| 2018 | 0.27% | 0.59% | 0.38x | 1.22x | $-8.42 Million |
| 2019 | 1.70% | 11.90% | 0.13x | 1.12x | $-7.46 Million |
| 2020 | -6.97% | -31.43% | 0.19x | 1.14x | $-14.37 Million |
| 2021 | 8.32% | 18.45% | 0.41x | 1.10x | $-1.50 Million |
| 2022 | 19.07% | 25.39% | 0.66x | 1.14x | $7.55 Million |
| 2023 | 19.63% | 44.77% | 0.42x | 1.04x | $10.69 Million |
| 2024 | 5.67% | 13.02% | 0.42x | 1.04x | $-5.12 Million |
| 2025 | 9.78% | 25.59% | 0.37x | 1.03x | $-280.10K |
| 2026 | 7.31% | 19.47% | 0.36x | 1.05x | $-3.79 Million |
Industry Comparison
This section compares AMREP Corporation's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $988,720,223
- Average return on equity (ROE) among peers: 1.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AMREP Corporation (AXR) | $140.74 Million | 17.50% | 0.05x | $115.34 Million |
| Alset Ehome International Inc (AEI) | $34.75 Million | -12.40% | 0.73x | $32.16 Million |
| Century Communities Inc (CCS) | $473.64 Million | 10.46% | 1.13x | $1.76 Billion |
| Forestar Group Inc (FOR) | $1.37 Billion | 12.18% | 0.80x | $1.39 Billion |
| Five Point Holdings LLC (FPH) | $1.91 Billion | 3.84% | 0.56x | $353.17 Million |
| Howard Hughes Holdings Inc. (HHH) | $2.25 Billion | -3.29% | 1.03x | $3.88 Billion |
| JFB Construction Holdings Class A Common Stock (JFB) | $37.83 Million | -13.94% | 0.06x | $100.04 Million |
| Logistic Properties of the Americas (LPA) | $101.06 Million | -4.18% | 0.00x | $98.02 Million |
| Lead Real Estate Co., Ltd American Depositary Shares (LRE) | $2.20 Billion | 25.06% | 4.64x | $14.46 Million |
| Landsea Homes Corp (LSEA) | $529.49 Million | -1.69% | 0.69x | $411.79 Million |
About AMREP Corporation
AMREP Corporation, through its subsidiaries, engages in the real estate business in the United States. It operates through two segments, Land Development and Homebuilding. The company offers land development services, including land and site planning, obtaining of governmental and environmental approvals, installing of utilities and storm drains, ensuring availability of water services, building … Read more