AMREP Corp (AXR)
NYSEReal EstateReal Estate - DevelopmentSnapshot 2026-09-04
NYSEReal EstateReal Estate - DevelopmentSnapshot 2026-09-04
QuarterlyIQ Insights · AXR
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on increasing revenues and enhancing operating income through land sales, homebuilding, and development activities.
Stated as a priority in 2 of last 2 quarters. Revenues grew from $49.7M in fiscal 2025 to $52.8M in fiscal 2026, while net income declined from $12.7M to $10.3M. Management continues to emphasize revenue growth and operating income improvement, but net income shows a declining trajectory despite revenue growth.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Real Estate names rated neutral grew net income 51% of the time over the next year (vs 56% for the rest of the cohort, n=3706).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“AMREP reported revenues of $52.8M for fiscal 2026 and net income of $10.3M”
“Management emphasized revenue growth and operating income improvement”
Sustain positive operating cash flow to support financial stability and capital needs.
Stated as a priority in 4 of last 4 quarters. Operating cash flow was positive at $10.7M in 2025-Q1 and $9.5M in 2026-Q1 but turned negative to -$4.3M in 2026-Q2 before recovering to $5.4M in 2026-Q3. The trajectory shows volatility with intermittent negative cash flow, indicating limited progress toward consistently maintaining positive cash flow.
Not yet measured, building a track record across disclosures.
“Operating cash flow was positive at $5.4M”
“Operating cash flow was negative at -$4.3M”
“Operating cash flow was positive at $9.5M”
“Operating cash flow was positive at $10.7M”
Oversee changes in executive leadership to ensure continuity and effective management.
Newly stated in 2026-Q2. Management disclosed executive compensation and salary changes related to leadership transitions. No financial metrics directly tied to this priority are available, so progress assessment is limited to the disclosure of the transition event.
“Filing details compensation arrangements and salary changes for existing executives”
Over the trailing year it converted 1.97x of net income into operating cash flow. Historically, Real Estate names rated neutral grew net income 57% of the time over the next year (vs 46% for the rest of the cohort, n=2946).
Not enough signal yet.
Not enough signal to read sensitivity to the US dollar, the broad stock market, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
5 material management or governance events in the past 24 months, led by executive changes. Historically, Real Estate names rated stable grew net income 43% of the time over the next year (vs 55% for the rest of the cohort, n=685).
Not investment advice. As of 2026-09-04.