
Apartment Income REIT Corp
NYSE:AIRC

Relative Value
The Relative Value of one
AIRC
stock under the Base Case scenario is
43.98
USD.
Compared to the current market price of 34.43 USD,
Apartment Income REIT Corp
is
Undervalued by 22%.
Relative valuation is one of two methods of placing a monetary value on a company; the other is Discounted Cash Flow valuation method. We use a combination of these two methods to calculate the Intrinsic Value of stock as accurately as possible.

Valuation Multiples
Multiples Across Competitors
AIRC Competitors Multiples
Apartment Income REIT Corp Competitors
Market Cap | P/S | P/E | EV/EBITDA | EV/EBIT | ||||
---|---|---|---|---|---|---|---|---|
US |
![]() |
Apartment Income REIT Corp
NYSE:AIRC
|
5.1B USD | 6.4 | 9.9 | 17.8 | 66.4 | |
US |
![]() |
Avalonbay Communities Inc
NYSE:AVB
|
24.2B USD | 7.4 | 18.9 | 17.7 | 32.2 | |
US |
![]() |
Equity Residential
NYSE:EQR
|
22.7B USD | 8.2 | 24.9 | 17.3 | 34.8 | |
US |
![]() |
UDR Inc
NYSE:UDR
|
21.1B USD | 13.5 | 211.4 | 28.4 | 103.2 | |
US |
![]() |
Invitation Homes Inc
NYSE:INVH
|
20.6B USD | 9 | 50.1 | 21.2 | 41.7 | |
US |
![]() |
American Campus Communities Inc
NYSE:ACC
|
18.2B USD | 18.5 | 320.9 | 46.2 | 113.7 | |
US |
![]() |
Mid-America Apartment Communities Inc
NYSE:MAA
|
17.2B USD | 8.3 | 26.1 | 17.7 | 32.3 | |
US |
![]() |
Sun Communities Inc
NYSE:SUI
|
15.9B USD | 5.2 | 75.1 | 39 | 39 | |
US |
![]() |
Essex Property Trust Inc
NYSE:ESS
|
13.8B USD | 8.4 | 28.2 | 18.5 | 37.5 | |
US |
A
|
American Homes 4 Rent
NYSE:AMH
|
12.4B USD | 8.1 | 39.8 | 21.2 | 48.4 | |
US |
E
|
Equity LifeStyle Properties Inc
NYSE:ELS
|
11.9B USD | 8.2 | 41.7 | 24.4 | 36.7 |
P/S Multiple | Revenue Growth | |||
---|---|---|---|---|
US |
![]() |
Apartment Income REIT Corp
NYSE:AIRC
|
6.4
|
21%
|
US |
![]() |
Avalonbay Communities Inc
NYSE:AVB
|
7.4
|
-9%
|
US |
![]() |
Equity Residential
NYSE:EQR
|
8.2
|
11%
|
US |
![]() |
UDR Inc
NYSE:UDR
|
13.5
|
20%
|
US |
![]() |
Invitation Homes Inc
NYSE:INVH
|
9
|
19%
|
US |
![]() |
American Campus Communities Inc
NYSE:ACC
|
18.5
|
10%
|
US |
![]() |
Mid-America Apartment Communities Inc
NYSE:MAA
|
8.3
|
16%
|
US |
![]() |
Sun Communities Inc
NYSE:SUI
|
5.2
|
14%
|
US |
![]() |
Essex Property Trust Inc
NYSE:ESS
|
8.4
|
9%
|
US |
A
|
American Homes 4 Rent
NYSE:AMH
|
8.1
|
24%
|
US |
E
|
Equity LifeStyle Properties Inc
NYSE:ELS
|
8.2
|
17%
|
P/E Multiple | Earnings Growth | |||
---|---|---|---|---|
US |
![]() |
Apartment Income REIT Corp
NYSE:AIRC
|
9.9
|
-97%
|
US |
![]() |
Avalonbay Communities Inc
NYSE:AVB
|
18.9
|
-44%
|
US |
![]() |
Equity Residential
NYSE:EQR
|
24.9
|
-5%
|
US |
![]() |
UDR Inc
NYSE:UDR
|
211.4
|
210%
|
US |
![]() |
Invitation Homes Inc
NYSE:INVH
|
50.1
|
34%
|
US |
![]() |
American Campus Communities Inc
NYSE:ACC
|
320.9
|
252%
|
US |
![]() |
Mid-America Apartment Communities Inc
NYSE:MAA
|
26.1
|
3%
|
US |
![]() |
Sun Communities Inc
NYSE:SUI
|
75.1
|
19%
|
US |
![]() |
Essex Property Trust Inc
NYSE:ESS
|
28.2
|
3%
|
US |
A
|
American Homes 4 Rent
NYSE:AMH
|
39.8
|
-27%
|
US |
E
|
Equity LifeStyle Properties Inc
NYSE:ELS
|
41.7
|
32%
|
EV/EBITDA Multiple | EBITDA Growth | |||
---|---|---|---|---|
US |
![]() |
Apartment Income REIT Corp
NYSE:AIRC
|
17.8
|
21%
|
US |
![]() |
Avalonbay Communities Inc
NYSE:AVB
|
17.7
|
11%
|
US |
![]() |
Equity Residential
NYSE:EQR
|
17.3
|
12%
|
US |
![]() |
UDR Inc
NYSE:UDR
|
28.4
|
23%
|
US |
![]() |
Invitation Homes Inc
NYSE:INVH
|
21.2
|
23%
|
US |
![]() |
American Campus Communities Inc
NYSE:ACC
|
46.2
|
N/A |
US |
![]() |
Mid-America Apartment Communities Inc
NYSE:MAA
|
17.7
|
16%
|
US |
![]() |
Sun Communities Inc
NYSE:SUI
|
39
|
140%
|
US |
![]() |
Essex Property Trust Inc
NYSE:ESS
|
18.5
|
19%
|
US |
A
|
American Homes 4 Rent
NYSE:AMH
|
21.2
|
29%
|
US |
E
|
Equity LifeStyle Properties Inc
NYSE:ELS
|
24.4
|
21%
|
EV/EBIT Multiple | EBIT Growth | |||
---|---|---|---|---|
US |
![]() |
Apartment Income REIT Corp
NYSE:AIRC
|
66.4
|
38%
|
US |
![]() |
Avalonbay Communities Inc
NYSE:AVB
|
32.2
|
13%
|
US |
![]() |
Equity Residential
NYSE:EQR
|
34.8
|
30%
|
US |
![]() |
UDR Inc
NYSE:UDR
|
103.2
|
75%
|
US |
![]() |
Invitation Homes Inc
NYSE:INVH
|
41.7
|
31%
|
US |
![]() |
American Campus Communities Inc
NYSE:ACC
|
113.7
|
N/A |
US |
![]() |
Mid-America Apartment Communities Inc
NYSE:MAA
|
32.3
|
26%
|
US |
![]() |
Sun Communities Inc
NYSE:SUI
|
39
|
17%
|
US |
![]() |
Essex Property Trust Inc
NYSE:ESS
|
37.5
|
24%
|
US |
A
|
American Homes 4 Rent
NYSE:AMH
|
48.4
|
43%
|
US |
E
|
Equity LifeStyle Properties Inc
NYSE:ELS
|
36.7
|
26%
|