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Armada Hflr Pr

Real Estate US AHH

11.915USD
0.14(1.23%)

Last update at 2024-07-25T16:47:00Z

Day Range

11.7311.96
LowHigh

52 Week Range

9.6612.91
LowHigh

Fundamentals

  • Previous Close 11.77
  • Market Cap1129.97M
  • Volume146439
  • P/E Ratio36.26
  • Dividend Yield6.15%
  • EBITDA148.28M
  • Revenue TTM617.32M
  • Revenue Per Share TTM9.10
  • Gross Profit TTM 154.16M
  • Diluted EPS TTM0.35

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 99.81M 24.71M 36.68M 31.77M 23.46M
Minority interest -5.94800M 0.00500M 7.81M 8.21M 4.46M
Net income 94.00M 25.46M 37.19M 32.05M 17.20M
Selling general administrative 15.69M 14.61M 12.90M 12.39M 11.43M
Selling and marketing expenses - - - - -
Gross profit 154.20M 127.63M 117.07M 106.37M 81.08M
Reconciled depreciation 74.08M 69.88M 44.26M 38.22M 30.39M
Ebit 81.15M 62.70M 48.74M 63.11M 41.23M
Ebitda 155.24M 132.57M 124.26M 118.05M 81.14M
Depreciation and amortization 74.08M 69.88M 75.52M 54.94M 39.91M
Non operating income net other 5.70M -1.32600M -0.61500M -2.74100M -0.20200M
Operating income 81.15M 62.70M 48.74M 63.11M 32.02M
Other operating expenses 390.36M 240.14M 340.29M 218.16M 163.58M
Interest expense 39.68M 33.91M 31.04M 31.34M 19.09M
Tax provision -0.14500M -0.74200M -0.28300M -0.49100M -0.02900M
Interest income 14.00M 18.46M 19.84M 23.21M 10.73M
Net interest income -22.70200M -15.44800M -11.19400M -8.12900M -8.35800M
Extraordinary items - - - - -
Non recurring 0.45M 21.49M 1.25M 1.10M 1.97M
Other items - - - - -
Income tax expense -0.14500M -0.74200M -0.28300M -0.49100M -0.02900M
Total revenue 454.15M 284.08M 383.63M 257.20M 193.32M
Total operating expenses 90.40M 83.69M 73.72M 67.33M 51.34M
Cost of revenue 299.96M 156.45M 266.57M 150.83M 112.23M
Total other income expense net 18.66M -37.98300M -12.06500M -31.34000M 2.08M
Discontinued operations - - - - -
Net income from continuing ops 99.95M 25.45M 30.93M 25.10M 23.49M
Net income applicable to common shares 82.46M 13.91M 21.80M 21.60M 23.49M
Preferred stock and other adjustments 11.55M 11.55M 7.35M 2.46M -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 2242.31M 1938.06M 1916.97M 1804.90M 1265.38M
Intangible assets 103.87M 62.04M 58.15M 68.70M 29.18M
Earning assets - - - - -
Other current assets -68.25700M 104.29M 9.43M 4.35M 11.01M
Total liab 1338.30M 1158.24M 1160.17M 1149.45M 809.49M
Total stockholder equity 904.01M 779.82M 756.80M 655.45M 455.89M
Deferred long term liab 25.73M 24.66M 31.69M 20.68M 15.69M
Other current liab -67.13100M 26.22M -20.00400M 17.48M 22.81M
Common stock 0.68M 0.63M 0.59M 0.56M 0.50M
Capital stock 171.76M 171.72M 171.68M 63.81M 0.50M
Retained earnings -126.87500M -141.36000M -112.35600M -106.67600M -82.69900M
Other liab 145.26M 91.92M 112.81M 96.54M 84.03M
Good will - - - - -
Other assets 1909.90M 507.15M 1789.56M 25.68M 18.68M
Cash 48.14M 35.25M 41.00M 39.23M 21.25M
Cash and equivalents 48.14M 35.25M 41.00M 39.23M 21.25M
Total current liabilities 137.83M 107.00M 79.81M 76.49M 69.05M
Current deferred revenue 17.52M 4.88M 6.09M 5.31M 3.04M
Net debt 1165.41M 960.12M 982.46M 970.68M 672.99M
Short term debt 67.13M 15.14M 20.00M 0.00000M -22.81400M
Short long term debt 67.13M 15.14M 20.00M - -
Short long term debt total 1213.55M 995.36M 1023.46M 1009.91M 694.24M
Other stockholder equity 844.45M 749.50M 706.35M 702.55M 357.35M
Property plant equipment 1682.84M 1515.81M 1503.95M 1381.59M 984.82M
Total current assets 298.25M 295.31M 254.16M 264.49M 200.19M
Long term investments 71.98M 12.69M 2.24M 1.46M 22.20M
Net tangible assets 476.37M 717.78M 352.11M 345.33M 428.33M
Short term investments 71.98M 1451.62M - - -
Net receivables 246.39M 174.11M 202.56M 219.45M 175.21M
Long term debt 1068.26M 917.56M 1013.67M 1003.92M 694.24M
Inventory 71.98M -18.34500M 1.17M 1.46M 0.93M
Accounts payable 120.31M 60.76M 73.72M 71.19M 66.01M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 256.56M 224.47M 233.60M 246.87M 182.02M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 14.68M -0.03300M -8.86800M -4.24000M -1.28300M
Additional paid in capital - - - - -
Common stock total equity 0.68M 0.63M 0.59M 0.56M 0.50M
Preferred stock total equity 171.09M 171.09M 171.09M 63.25M -
Retained earnings total equity -126.87500M -141.36000M -112.35600M -106.67600M -82.69900M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1698.97M 45.93M 43.32M 1414.49M 1013.81M
Deferred long term asset charges - - - - -
Non current assets total 1944.06M 1642.76M 1662.81M 1540.41M 1065.19M
Capital lease obligations 78.15M 77.81M 59.61M 80.68M 12.68M
Long term debt total 1114.74M 948.72M 1013.67M 1003.92M 745.03M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -81.90000M -15.45800M -19.29900M -52.28900M -79.18600M
Change to liabilities 2.96M 7.17M 5.76M 3.37M 1.71M
Total cashflows from investing activities -33.24200M -57.62900M -26.22700M -295.06300M -240.56300M
Net borrowings -53.48100M -32.20000M -123.30800M 150.89M 174.27M
Total cash from financing activities -72.19400M -43.54200M -58.10100M 246.86M 185.61M
Change to operating activities 62.57M -24.45000M 13.51M 19.54M -17.06700M
Net income 99.95M 25.45M 36.96M 32.26M 23.49M
Change in cash 11.42M -9.98700M 6.85M 19.53M 1.14M
Begin period cash flow 40.44M 50.43M 43.58M 24.05M 22.92M
End period cash flow 51.87M 40.44M 50.43M 43.58M 24.05M
Total cash from operating activities 116.86M 91.18M 91.18M 67.73M 56.09M
Issuance of capital stock 65.16M 51.68M 121.11M 157.85M 66.46M
Depreciation 55.66M 52.57M 44.26M 38.22M 30.39M
Other cashflows from investing activities 179.76M 6.45M 56.56M -109.32900M -27.58600M
Dividends paid -72.57500M -58.71300M -47.60300M -61.50400M -50.89700M
Change to inventory -72.78500M 15.56M -8.26200M -22.85500M -
Change to account receivables -65.49100M 16.84M -15.90800M -33.30300M 7.28M
Sale purchase of stock 65.16M 161.81M 278.08M 488.29M 349.58M
Other cashflows from financing activities 658.96M -7.13700M -8.90900M -5.91500M -5.67400M
Change to netincome -60.76400M 1.41M -4.04300M -2.39900M -3.07600M
Capital expenditures 213.01M 48.62M 63.48M 258.60M 168.38M
Change receivables -4.73500M -2.44000M -15.90800M -12.94700M -0.27100M
Cash flows other operating 19.14M 6.22M 23.35M 8.98M 2.99M
Exchange rate changes - - - - -
Cash and cash equivalents changes 11.42M -9.98700M 6.85M 19.53M 1.14M
Change in working capital -2.91800M -7.60600M -4.70000M -13.76300M -9.79500M
Stock based compensation 3.27M 2.23M 2.38M 1.61M 1.28M
Other non cash items -39.10800M 14.41M 6.65M 14.50M 7.85M
Free cash flow 116.86M 91.18M 91.18M 67.73M 56.09M

Peer Comparison

Sector: Real Estate Industry: REIT - Diversified

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AHH
Armada Hflr Pr
0.14 1.23% 11.91 36.26 55.25 1.83 1.90 3.96 13.82
VICI
VICI Properties Inc
0.61 2.02% 30.82 13.14 11.40 9.27 1.33 14.27 15.38
WPC
W P Carey Inc
1.39 2.38% 59.90 17.96 - 8.15 1.54 12.82 12.76
STKAF
Stockland
- -% 3.20 27.50 14.81 2.56 1.08 3.44 15.75
LDSCY
Land Securities Group PLC ADR
- -% 8.43 - 15.34 9.25 0.89 14.18 -21.893

Reports Covered

Stock Research & News

Profile

Armada Hoffler (NYSE: AHH) is a vertically-integrated, self-managed real estate investment trust with over four decades of experience developing, building, acquiring, and managing high-quality retail, office, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. The Company also provides general construction and development services to third-party clients, in addition to developing and building properties to be placed in their stabilized portfolio. Founded in 1979 by Daniel A. Hoffler, Armada Hoffler has elected to be taxed as a REIT for U.S. federal income tax purposes.

Armada Hflr Pr

222 Central Park Avenue, Virginia Beach, VA, United States, 23462

Key Executives

Name Title Year Born
Mr. Daniel A. Hoffler Exec. Chairman 1948
Mr. Louis S. Haddad Vice Chairman, Pres & CEO 1958
Mr. Shawn J. Tibbetts Chief Operating Officer 1981
Mr. Eric E. Apperson Pres of Construction & Devel. 1964
Mr. Michael P. O'Hara Exec. Officer 1960
Ms. Shelly R. Hampton Pres of Asset Management 1968
Mr. Matthew T. Barnes-Smith CFO, Treasurer, Corp. Sec. & Principal Financial Officer and Principal Accounting Officer 1986
Chelsea D. Forrest Director of Corp. Communications, Investor Relations & Marketing NA
Mr. William Christopher Harvey Exec. VP of Construction & Bus. Devel. 1974
Mr. John C. Davis Exec. VP of Construction 1960

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