XNYSAHHpA
Market cap1.05bUSD
Dec 24, Last price
22.90USD
1D
0.00%
1Q
-6.72%
IPO
-12.23%
Name
Armada Hoffler Properties Inc
Profile
Armada Hoffler Properties, Inc. (NYSE: AHH) is a vertically-integrated, self-managed real estate investment trust ("REIT") with four decades of experience developing, building, acquiring, and managing high-quality, institutional-grade office, retail, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. In addition to developing and building properties for its own account, the Company also provides development and general contracting construction services to third-party clients. Founded in 1979 by Daniel A. Hoffler, the Company has elected to be taxed as a REIT for U.S. federal income tax purposes.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 667,158 46.90% | 454,153 59.87% | 284,076 -25.95% | |||||||
Cost of revenue | 497,434 | 315,648 | 171,056 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 169,724 | 138,505 | 113,020 | |||||||
NOPBT Margin | 25.44% | 30.50% | 39.79% | |||||||
Operating Taxes | 1,329 | (145) | (742) | |||||||
Tax Rate | 0.78% | |||||||||
NOPAT | 168,395 | 138,650 | 113,762 | |||||||
Net income | 8,287 -88.91% | 74,747 241.44% | 21,892 -24.90% | |||||||
Dividends | (80,398) | (72,575) | (58,713) | |||||||
Dividend yield | 9.60% | 7.14% | 4.61% | |||||||
Proceeds from repurchase of equity | (12,836) | 65,029 | 213,483 | |||||||
BB yield | 1.53% | -6.40% | -16.77% | |||||||
Debt | ||||||||||
Debt current | 273,127 | 67,131 | 15,144 | |||||||
Long-term debt | 1,371,340 | 1,224,569 | 1,073,172 | |||||||
Deferred revenue | 10,935 | 11,294 | ||||||||
Other long-term liabilities | 35,975 | (95,307) | 55,876 | |||||||
Net debt | 1,474,516 | 1,171,578 | 1,040,384 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 93,314 | 116,858 | 91,184 | |||||||
CAPEX | (17,085) | (15,496) | ||||||||
Cash from investing activities | (237,266) | (33,242) | (57,629) | |||||||
Cash from financing activities | 122,253 | (72,194) | (43,542) | |||||||
FCF | 202,568 | (121,386) | 334,810 | |||||||
Balance | ||||||||||
Cash | 27,920 | 48,139 | 35,247 | |||||||
Long term investments | 142,031 | 71,983 | 12,685 | |||||||
Excess cash | 136,593 | 97,414 | 33,728 | |||||||
Stockholders' equity | 224,491 | 316,130 | 254,793 | |||||||
Invested Capital | 2,225,630 | 1,935,774 | 1,823,773 | |||||||
ROIC | 8.09% | 7.38% | 6.21% | |||||||
ROCE | 7.18% | 6.38% | 6.12% | |||||||
EV | ||||||||||
Common stock shares outstanding | 67,692 | 88,341 | 83,645 | |||||||
Price | 12.37 7.57% | 11.50 -24.44% | 15.22 35.65% | |||||||
Market cap | 837,350 -17.58% | 1,015,922 -20.20% | 1,273,080 97.92% | |||||||
EV | 2,715,507 | 2,615,149 | 2,709,020 | |||||||
EBITDA | 234,535 | 194,163 | 165,591 | |||||||
EV/EBITDA | 11.58 | 13.47 | 16.36 | |||||||
Interest | 57,810 | 39,680 | 33,905 | |||||||
Interest/NOPBT | 34.06% | 28.65% | 30.00% |