America First Multifamily Investors, L.P. - Beneficial Unit Certificates (BUCs) representing Limited Partnership Interests (ATAX) Company Bio
America First Multifamily Investors, L.P. acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds that have been issued to provide construction and/or permanent financing for multifamily and student housing, and commercial properties. The company was founded in 1998 and is based in Omaha, Nebraska.
ATAX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for America First Multifamily Investors Lp. To summarize, we found that America First Multifamily Investors Lp ranked in the 78th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 471.17% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of America First Multifamily Investors Lp, consider:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 29. Notably, its equity weight is greater than only 12.03% of US equities in the Financial Services sector yielding a positive free cash flow.
America First Multifamily Investors Lp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 24.84% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ATAX, try TSLX, AMP, UNM, LPLA, and RNR.
Co-produced with Beyond Saving We continue to see a lot of opportunity in the multi-family sector, having highlighted several apartment REITs that are trading at very attractive prices. Today, we take a look at a non-REIT pick in the apartment sector: America First Multifamily Investors, L.P. (ATAX) which is poised...