Independence Realty Trust Inc
NYSE:IRT
Intrinsic Value
Independence Realty Trust, Inc. is a real estate investment trust, which acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. [ Read More ]
The intrinsic value of one
IRT
stock under the Base Case scenario is
17.52
USD.
Compared to the current market price of 15.6 USD,
Independence Realty Trust Inc
is
Undervalued by 11%.
Independence Realty Trust Inc's market capitalization is 3.5B USD.
IRT stock price is 15.6 USD.
IRT stock price (15.6 USD) is 11% less than its Intrinsic Value (17.52 USD).
IRT has upside potential of 15% compared to the average analyst price target.
Open Wall St Estimates
IRT's ROIC (Return on Invested Capital) has decreased in the last 3 years from 3% to 2%.
IRT's Revenue is forecast to grow at a rate of 2% per year over the next 3 years.
IRT's Revenue has grown by 5% over the past 12 months.
IRT's ROE (Return on Equity) has decreased in the last 3 years from 2% to 0%.
IRT has negative Net Income for the last twelve months.
IRT's ROIC (Return on Invested Capital) for the past 12 months is very low and is equal to 2%.
IRT has positive Operating Income for the last twelve months.
IRT's short-term assets (319m USD) exceed its short-term liabilties (223m USD).
IRT's ROE (Return on Equity) for the past 12 months is negative and is equal to 0%.
IRT has a very low three-year average ROE (Return on Equity): 3%. The company is not efficient at transforming stockholders' equity into net income.
IRT has a very low three-year average ROIC (Return on Invested Capital): 2%. The company is not efficient at using invested capital to generate operating income.
IRT's D/E (Debt to Equity) is very low and is equal to 0.72.
IRT has positive Free Cash Flow for the last twelve months.
IRT's long-term assets (6B USD) exceed its long-term liabilties (3B USD).
IRT's Revenue has been growing by an exceptional 46% per year for the last 3 years.
IRT has positive Gross Profit for the last twelve months.
IRT's Altman Z-Score is very low and is equal to 0.84.
IRT has positive Net Debt. This means that the company has more debt (2B USD) than cash and short-term investments (23m USD).
IRT generates enough operating income (148m USD) to cover interest payments on its debt (96m USD).
Valuation Backtest
Independence Realty Trust Inc
Run backtest to discover the historical profit from buying and selling
IRT
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Independence Realty Trust Inc
Balance Sheet Decomposition
Independence Realty Trust Inc
| Current Assets | 319.2m |
| Cash & Short-Term Investments | 22.9m |
| Other Current Assets | 296.3m |
| Non-Current Assets | 6B |
| Long-Term Investments | 89m |
| PP&E | 5.8B |
| Intangibles | 66k |
| Other Non-Current Assets | 94.7m |
| Current Liabilities | 223.4m |
| Accounts Payable | 109.1m |
| Accrued Liabilities | 10.6m |
| Other Current Liabilities | 103.7m |
| Non-Current Liabilities | 2.6B |
| Long-Term Debt | 2.5B |
| Other Non-Current Liabilities | 142.9m |
Earnings Waterfall
Independence Realty Trust Inc
|
Revenue
|
661m
USD
|
|
Cost of Revenue
|
-271.4m
USD
|
|
Gross Profit
|
389.6m
USD
|
|
Operating Expenses
|
-241.7m
USD
|
|
Operating Income
|
147.8m
USD
|
|
Other Expenses
|
-165.1m
USD
|
|
Net Income
|
-17.2m
USD
|
Free Cash Flow Analysis
Independence Realty Trust Inc
IRT Profitability Score
Profitability Due Diligence
Independence Realty Trust Inc's profitability score is 55/100. The higher the profitability score, the more profitable the company is.
Score
Independence Realty Trust Inc's profitability score is 55/100. The higher the profitability score, the more profitable the company is.
IRT Solvency Score
Solvency Due Diligence
Independence Realty Trust Inc's solvency score is 31/100. The higher the solvency score, the more solvent the company is.
Score
Independence Realty Trust Inc's solvency score is 31/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
IRT Price Targets Summary
Independence Realty Trust Inc
According to Wall Street analysts, the average 1-year price target for
IRT
is 17.94 USD
with a low forecast of 15.15 USD and a high forecast of 22.05 USD.
Ownership
IRT Insider Trading
Buy and sell transactions by insiders
| Period | Sold | Bought | Net |
|---|---|---|---|
| 3 Months |
|
|
|
| 6 Months |
|
|
|
| 9 Months |
|
|
|
| 12 Months |
|
|
|
Shareholder Return
IRT Price
Independence Realty Trust Inc
| Average Annual Return | 24.99% |
| Standard Deviation of Annual Returns | 53.9% |
| Max Drawdown | -56% |
| Market Capitalization | 3.5B USD |
| Shares Outstanding | 225 080 000 |
| Percentage of Shares Shorted | 5.95% |
Company Profile
Independence Realty Trust Inc
Country
Industry
Market Cap
Dividend Yield
Description
Independence Realty Trust, Inc. is a real estate investment trust, which acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. The company is headquartered in Philadelphia, Pennsylvania and currently employs 937 full-time employees. The company went IPO on 2013-08-13. The firm acquires, owns, operates, improves, and manages multifamily apartment communities across non-gateway United States markets. The firm owns and operates approximately 123 multifamily apartment properties that contain 36,831 units across non-gateway United States markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Louisville, Memphis, Oklahoma City, and Raleigh. The firm's portfolio of properties also consists primarily of apartment communities geographically concentrated in the Southeastern United States. North Carolina, Georgia, Texas, Florida, Tennessee, Ohio, and Kentucky. The firm owns all of its assets and conducts all its operations through Independence Realty Operating Partnership, LP (IROP).
Contact
IPO
Employees
Officers
The intrinsic value of one
IRT
stock under the Base Case scenario is
17.52
USD.
Compared to the current market price of 15.6 USD,
Independence Realty Trust Inc
is
Undervalued by 11%.
You don't have any saved screeners yet
