Overview Dividends

(AHH) Armada Hflr Pr - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US04208T1088

Retail, Office, Multifamily, Construction, Development

AHH EPS (Earnings per Share)

EPS Growth (3Y CAGR): -17.77%
EPS Trend (3Y Correlation): -15.5%

AHH Revenue

Revenue Growth (3Y CAGR): -15.28%
Revenue Trend (3Y Correlation): -59.6%

Description: AHH Armada Hflr Pr October 22, 2025

Armada Hoffler (NYSE: AHH) operates as a vertically integrated REIT that develops, builds, acquires, and manages retail, office, and multifamily assets, primarily in the Mid-Atlantic and Southeast U.S. In addition to its own stabilized portfolio, the firm offers construction and development services to third-party clients, leveraging four decades of industry experience since its 1979 founding by Daniel A. Hoffler.

Key performance indicators from the most recent filing show an occupancy rate of roughly 94% across the portfolio, FY-2023 funds-from-operations (FFO) of $0.28 per share, and a net debt-to-EBITDA leverage ratio near 5.5×. The company’s outlook is tied to macro drivers such as regional population growth in the Sun Belt, which fuels multifamily demand, and the ongoing re-allocation of office space in secondary markets as remote-work trends moderate. Retail performance remains sensitive to e-commerce penetration, prompting AHH to prioritize mixed-use and experiential concepts that can sustain foot traffic.

For a deeper quantitative assessment, the ValueRay platform provides a granular breakdown of AHH’s cash-flow metrics and comparable peer analysis.

AHH Stock Overview

Market Cap in USD	660m
Sub-Industry	Diversified REITs
IPO / Inception	2013-05-08

AHH Stock Ratings

Growth Rating	-65.7%
Fundamental	52.3%
Dividend Rating	82.1%
Return 12m vs S&P 500	-45.2%
Analyst Rating	3.75 of 5

AHH Dividends

Dividend Yield 12m	9.81%
Yield on Cost 5y	8.26%
Annual Growth 5y	16.84%
Payout Consistency	94.8%
Payout Ratio	3.0%

AHH Growth Ratios

Growth Correlation 3m	-71.7%
Growth Correlation 12m	-70.3%
Growth Correlation 5y	-36.3%
CAGR 5y	-13.01%
CAGR/Max DD 3y (Calmar Ratio)	-0.29
CAGR/Mean DD 3y (Pain Ratio)	-0.76
Sharpe Ratio 12m	-1.45
Alpha	-57.41
Beta	1.077
Volatility	26.07%
Current Volume	754.1k
Average Volume 20d	668.2k
Stop Loss	6.1 (-4.2%)
Signal	-1.24

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income (25.9m TTM) > 0 and > 6% of Revenue (6% = 27.3m TTM)

FCFTA 0.03 (>2.0%) and ΔFCFTA -0.68pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 3.98% (prev 19.72%; Δ -15.74pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.02 (>3.0%) and CFO 58.3m > Net Income 25.9m (YES >=105%, WARN >=100%)

Net Debt (1.65b) to EBITDA (208.9m) ratio: 7.92 <= 3.0 (WARN <= 3.5)

Current Ratio 1.21 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (102.1m) change vs 12m ago 48.11% (target <= -2.0% for YES)

Gross Margin 47.61% (prev 22.02%; Δ 25.60pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 17.69% (prev 29.56%; Δ -11.86pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.38 (EBITDA TTM 208.9m / Interest Expense TTM 80.5m) >= 6 (WARN >= 3)

Altman Z'' 0.06

(A) 0.01 = (Total Current Assets 104.8m - Total Current Liabilities 86.7m) / Total Assets 2.58b

(B) -0.08 = Retained Earnings (Balance) -218.6m / Total Assets 2.58b

(D) 0.00 = Book Value of Equity 1.67m / Total Liabilities 1.73b

Total Rating: 0.06 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 52.31

1. Piotroski 2.50pt = -2.50

2. FCF Yield 3.68% = 1.84

3. FCF Margin 18.77% = 4.69

4. Debt/Equity 2.02 = 0.74

5. Debt/Ebitda 7.92 = -2.50

6. ROIC - WACC (= 3.97)% = 4.97

7. RoE 3.67% = 0.31

8. Rev. Trend -59.64% = -4.47

9. EPS Trend -15.46% = -0.77

What is the price of AHH shares?

As of November 10, 2025, the stock is trading at USD 6.37 with a total of 754,129 shares traded.
Over the past week, the price has changed by -1.70%, over one month by -4.78%, over three months by -6.54% and over the past year by -37.85%.

Is Armada Hflr Pr a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Armada Hflr Pr is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 52.31 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of AHH is around 6.09 USD . This means that AHH is currently overvalued and has a potential downside of -4.4%.

Is AHH a buy, sell or hold?

Armada Hflr Pr has received a consensus analysts rating of 3.75. Therefor, it is recommend to hold AHH.

Strong Buy: 2
Buy: 0
Hold: 1
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the AHH price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	8.2	28.7%
Analysts Target Price	8.2	28.7%
ValueRay Target Price	6.5	2.4%

AHH Fundamental Data Overview November 10, 2025

Market Cap USD = 660.4m (660.4m USD * 1.0 USD.USD)
P/E Trailing = 28.9545
P/E Forward = 39.5257
P/S = 1.459
P/B = 1.1717
P/EG = 6.94
Beta = 1.077
Revenue TTM = 454.6m USD
EBIT TTM = 110.8m USD
EBITDA TTM = 208.9m USD
Long Term Debt = 1.14b USD (from longTermDebt, last fiscal year)
Short Term Debt = 140.3m USD (from shortTermDebt, last fiscal year)
Debt = 1.70b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.65b USD (from netDebt column, last quarter)
Enterprise Value = 2.32b USD (660.4m + Debt 1.70b - CCE 46.5m)
Interest Coverage Ratio = 1.38 (Ebit TTM 110.8m / Interest Expense TTM 80.5m)
FCF Yield = 3.68% (FCF TTM 85.3m / Enterprise Value 2.32b)
FCF Margin = 18.77% (FCF TTM 85.3m / Revenue TTM 454.6m)
Net Margin = 5.70% (Net Income TTM 25.9m / Revenue TTM 454.6m)
Gross Margin = 47.61% ((Revenue TTM 454.6m - Cost of Revenue TTM 238.1m) / Revenue TTM)
Gross Margin QoQ = 75.26% (prev 47.41%)
Tobins Q-Ratio = 0.90 (Enterprise Value 2.32b / Total Assets 2.58b)
Interest Expense / Debt = 1.33% (Interest Expense 22.7m / Debt 1.70b)
Taxrate = -35.10% (negative due to tax credits) (192.0k / -547.0k)
NOPAT = 149.7m (EBIT 110.8m * (1 - -35.10%)) [negative tax rate / tax credits]
Current Ratio = 1.21 (Total Current Assets 104.8m / Total Current Liabilities 86.7m)
Debt / Equity = 2.02 (Debt 1.70b / totalStockholderEquity, last quarter 843.6m)
Debt / EBITDA = 7.92 (Net Debt 1.65b / EBITDA 208.9m)
Debt / FCF = 19.38 (Net Debt 1.65b / FCF TTM 85.3m)
Total Stockholder Equity = 705.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.00% (Net Income 25.9m / Total Assets 2.58b)
RoE = 3.67% (Net Income TTM 25.9m / Total Stockholder Equity 705.9m)
RoCE = 5.99% (EBIT 110.8m / Capital Employed (Equity 705.9m + L.T.Debt 1.14b))
RoIC = 8.12% (NOPAT 149.7m / Invested Capital 1.84b)
WACC = 4.15% (E(660.4m)/V(2.36b) * Re(10.20%) + D(1.70b)/V(2.36b) * Rd(1.33%) * (1-Tc(-0.35)))
Discount Rate = 10.20% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 7.50%
[DCF Debug] Terminal Value 69.65% ; FCFE base≈92.1m ; Y1≈86.7m ; Y5≈81.3m
Fair Price DCF = 12.83 (DCF Value 1.03b / Shares Outstanding 80.2m; 5y FCF grow -7.62% → 3.0% )
EPS Correlation: -15.46 | EPS CAGR: -17.77% | SUE: -0.58 | # QB: 0
Revenue Correlation: -59.64 | Revenue CAGR: -15.28% | SUE: 0.18 | # QB: 0

Additional Sources for AHH Stock

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