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AmrepAXR +1.75%74 Net Cash per Share is $8.91 as of Apr. 2026, which is 55% above its 10-year median of 5.76. GuruFocus rates AXR with a GF Score™ of 74/100 and a GF Value™ of $23.12 (Fairly Valued). The stock has 2 warning signs investors should review. Among 191 Real Estate companies, Amrep ranks better than 64.4% on this metric.
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Amrep Net Cash per Share Related Terms
Amrep Net Cash per Share Historical Data
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The historical data trend for Amrep's Net Cash per Share 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.
AXR vs SDHC, LPA, OZ: Net Cash per Share Comparison
For the Real Estate - Development subindustry, Amrep's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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-Net-Cash vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Amrep's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Amrep's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Amrep's Net Cash per Share for the fiscal year that ended in Apr. 2026 is calculated as
* 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 (AXR) has a Net Cash per Share of $8.91 as of Apr. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Amrep and its competitors. This is 55% above median its historical median of 5.76. Over the past decade, Amrep's Net Cash per Share has ranged from 2.43 to 24.11. According to the industry distribution chart, Amrep ranks #68 out of 191 companies in the Real Estate industry, placing it in the top 35.6%.
Is Amrep's Net Cash per Share too high?
Amrep's current Net Cash per Share of $8.91 is 55% above median its 10-year median of 5.76. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 24.11. The Real Estate industry median Net Cash per Share is 5.09. Amrep's value of $8.91 is 75% above this industry median. Based on the distribution chart, Amrep ranks #68 out of 191 companies in the Real Estate industry, which is above the industry midpoint. Overall, Amrep has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Amrep's Net Cash per Share compare to SDHC and LPA?
According to the Real Estate industry distribution chart, Amrep ranks #68 out of 191 companies for Net Cash per Share. This puts Amrep in the upper half of its industry. The industry median Net Cash per Share is 5.09. Amrep's value of $8.91 is 75% above this benchmark. Historically, Amrep's own Net Cash per Share has ranged from 2.43 to 24.11 over the past decade. While the company's 10-year median is 5.76 vs. the industry median of 5.09, 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 Net Cash per Share for a Real Estate company?
The median Net Cash per Share among Real Estate companies is 5.09, based on 191 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amrep's current Net Cash per Share of $8.91 is 75% 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Amrep and its competitors. For the Real Estate industry, the median Net Cash per Share is 5.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amrep's current Net Cash per Share is $8.91, which is 55% above median its own 10-year median of 5.76. 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 $23.12, compared to a current price of $23.25 — trading 0.6% above its estimated fair value. The current Net Cash per Share is $8.91, which is 55% above median its 10-year median of 5.76 and 75% above the Real Estate industry median of 5.09. Amrep's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Amrep (AXR), the current Net Cash per Share is $8.91 as of Apr. 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 overvalued.
The current stock price of $23.25 is trading 0.6% above its estimated GF Value™ of $23.12.
GuruFocus considers Amrep to be Fairly Valued.
Key valuation signals for AXR:
Net Cash per Share: $8.91 (55% above median its 10-year median of 5.76)
GF Value™: $23.12 vs. price of $23.25 (0.6% above fair value)
Industry Position: 75% above the Real Estate median (#68 of 191)
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 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.
74GF Score
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