Amrep (AXR) Intrinsic Value: Projected FCF: $48.70 (As of Aug. 20, 2026) — 9089% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AXR Amrep Corp AXR
72 GF Score
Price $23.25
GF Value $23.45
Valuation Fairly Valued
! 2 Warning Signs
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What is Amrep Intrinsic Value: Projected FCF?

Amrep AXR 72 Intrinsic Value: Projected FCF is $48.70 as of Aug. 20, 2026, which is 9089% above its 10-year median of 0.53. GuruFocus rates AXR with a GF Score™ of 72/100 and a GF Value™ of $23.45 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,275 Real Estate companies, Amrep ranks better than 61.33% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-20), Amrep's Intrinsic Value: Projected FCF is $48.70. The stock price of Amrep is $23.25. Therefore, Amrep's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.

The historical rank and industry rank for Amrep's Intrinsic Value: Projected FCF or its related term are showing as below:

AXR' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.36   Med: 0.53   Max: 0.71
Current: 0.48

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Amrep was 0.71. The lowest was 0.36. And the median was 0.53.

AXR's Price-to-Projected-FCF is ranked better than
61.33% of 1275 companies
in the Real Estate industry
Industry Median: 0.62 vs AXR: 0.48

Amrep  (NYSE:AXR) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Amrep's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=23.25/48.699613140657
=0.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Amrep Intrinsic Value: Projected FCF Related Terms


Amrep Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Amrep's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Amrep Intrinsic Value: Projected FCF Chart

Amrep Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.00 27.46 30.02 43.83 48.70

Amrep Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.83 48.03 45.20 49.31 48.70

AXR vs SDHC, LPA, OZ: Intrinsic Value: Projected FCF Comparison

For the Real Estate - Development subindustry, Amrep's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amrep Price-to-Projected-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Amrep's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Amrep's Price-to-Projected-FCF falls into.


AXR
72GF Score
Amrep Corp AXR
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amrep Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Amrep's Free Cash Flow(6 year avg) = $10.54.

Amrep's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Apr26)*0.8)/Shares Outstanding (Diluted Average)
=(14.362038579862*10.53872+140.743*0.8)/5.420
=48.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of $48.70 mean?
Amrep (AXR) has a Intrinsic Value: Projected FCF of $48.70 as of Aug. 20, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Amrep and its competitors. This is 9089% above median its historical median of 0.53. Over the past decade, Amrep's Intrinsic Value: Projected FCF has ranged from 0.36 to 0.71. According to the industry distribution chart, Amrep ranks #493 out of 1275 companies in the Real Estate industry, placing it in the top 38.7%.
Is Amrep's Intrinsic Value: Projected FCF too high?
Amrep's current Intrinsic Value: Projected FCF of $48.70 is 9089% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.71. The Real Estate industry median Intrinsic Value: Projected FCF is 0.62. Amrep's value of $48.70 is 7754.8% above this industry median. Based on the distribution chart, Amrep ranks #493 out of 1275 companies in the Real Estate industry, which is above the industry midpoint. Overall, Amrep has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Amrep's Intrinsic Value: Projected FCF compare to SDHC and LPA?
According to the Real Estate industry distribution chart, Amrep ranks #493 out of 1275 companies for Intrinsic Value: Projected FCF. This puts Amrep in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.62. Amrep's value of $48.70 is 7754.8% above this benchmark. Historically, Amrep's own Intrinsic Value: Projected FCF has ranged from 0.36 to 0.71 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.62, Amrep has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Real Estate company?
The median Intrinsic Value: Projected FCF among Real Estate companies is 0.62, based on 1,275 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amrep's current Intrinsic Value: Projected FCF of $48.70 is 7754.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Amrep and its competitors. For the Real Estate industry, the median Intrinsic Value: Projected FCF is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amrep's current Intrinsic Value: Projected FCF is $48.70, which is 9089% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amrep stock overvalued right now?
Based on GuruFocus' analysis, Amrep (AXR) is currently considered Fairly Valued. The stock's GF Value™ is $23.45, compared to a current price of $23.25 — trading 0.9% below its estimated fair value. The current Intrinsic Value: Projected FCF is $48.70, which is 9089% above median its 10-year median of 0.53 and 7754.8% above the Real Estate industry median of 0.62. Amrep's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Amrep (AXR), the current Intrinsic Value: Projected FCF is $48.70 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Amrep (AXR) Overvalued in 2026?

Based on GuruFocus' analysis, Amrep stock appears to be undervalued. The current stock price of $23.25 is trading 0.9% below its estimated GF Value™ of $23.45. GuruFocus considers Amrep to be Fairly Valued.

Key valuation signals for AXR:

  • Intrinsic Value: Projected FCF: $48.70 (9089% above median its 10-year median of 0.53)
  • GF Value™: $23.45 vs. price of $23.25 (0.9% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 7754.8% above the Real Estate median (#493 of 1275)

No single metric tells the full story. See the AXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amrep Business Description

Address 850 West Chester Pike, Suite 205, Havertown, PA, USA, 19083
Amrep Corp through its subsidiaries is engaged in the Real estate business. Its activities include land sales and lease activities, which involve obtaining approvals and selling both developed and undeveloped lots to homebuilders, commercial users, and others, as well as investments in commercial and investment properties. The Company accounts for land sales, home sales, and other revenues. Its operating segments include Land development and Homebuilding. The firm generates a majority of its revenue from the Land development segment. Geographically, all the activities are carried out throughout the United States.
72GF Score

Get the complete analysis for AXR

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.25
Price
$23.45
GF Value