WallStSmart

Apartment Investment and Management Co (AIV)vsAvalonBay Communities Inc (AVB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

AvalonBay Communities Inc generates 2110% more annual revenue ($3.06B vs $138.49M). AIV leads profitability with a 400.0% profit margin vs 37.3%. AVB appears more attractively valued with a PEG of 6.97. AVB earns a higher WallStSmart Score of 59/100 (C).

AIV

Hold

41

out of 100

Grade: D

Growth: 2.0Profit: 6.0Value: 3.3Quality: 4.0
Piotroski: 4/9Altman Z: 0.60

AVB

Buy

59

out of 100

Grade: C

Growth: 6.7Profit: 7.5Value: 4.7Quality: 4.0
Piotroski: 3/9Altman Z: 1.01
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AIVSignificantly Overvalued (-57.2%)

Margin of Safety

-57.2%

Fair Value

$3.76

Current Price

$3.03

$0.73 premium

UndervaluedFair: $3.76Overvalued
AVBUndervalued (+10.9%)

Margin of Safety

+10.9%

Fair Value

$201.79

Current Price

$189.72

$12.07 discount

UndervaluedFair: $201.79Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AIV3 strengths · Avg: 10.0/10
Price/BookValuation
1.2x10/10

Reasonable price relative to book value

Return on EquityProfitability
78.5%10/10

Every $100 of equity generates 78 in profit

Profit MarginProfitability
400.0%10/10

Keeps 400 of every $100 in revenue as profit

AVB4 strengths · Avg: 8.5/10
Profit MarginProfitability
37.3%10/10

Keeps 37 of every $100 in revenue as profit

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Operating MarginProfitability
29.3%8/10

Strong operational efficiency at 29.3%

EPS GrowthGrowth
40.3%8/10

Earnings expanding 40.3% YoY

Areas to Watch

AIV4 concerns · Avg: 2.3/10
Market CapQuality
$615.70M3/10

Smaller company, higher risk/reward

PEG RatioValuation
839.322/10

Expensive relative to growth rate

Revenue GrowthGrowth
-3.9%2/10

Revenue declined 3.9%

EPS GrowthGrowth
-63.2%2/10

Earnings declined 63.2%

AVB4 concerns · Avg: 2.8/10
Revenue GrowthGrowth
2.5%4/10

2.5% revenue growth

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
6.972/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.012/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : AIV

The strongest argument for AIV centers on Price/Book, Return on Equity, Profit Margin. Profitability is solid with margins at 400.0% and operating margin at -84.6%.

Bull Case : AVB

The strongest argument for AVB centers on Profit Margin, Price/Book, Operating Margin. Profitability is solid with margins at 37.3% and operating margin at 29.3%.

Bear Case : AIV

The primary concerns for AIV are Market Cap, PEG Ratio, Revenue Growth.

Bear Case : AVB

The primary concerns for AVB are Revenue Growth, Piotroski F-Score, PEG Ratio.

Key Dynamics to Monitor

AIV profiles as a declining stock while AVB is a value play — different risk/reward profiles.

AIV carries more volatility with a beta of 1.20 — expect wider price swings.

AVB is growing revenue faster at 2.5% — sustainability is the question.

AVB generates stronger free cash flow (359M), providing more financial flexibility.

Bottom Line

AVB scores higher overall (59/100 vs 41/100), backed by strong 37.3% margins. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Apartment Investment and Management Co

REAL ESTATE · REIT - RESIDENTIAL · USA

Aimco is a Real Estate Investment Trust focused on property development, redevelopment, and various other value-creating investment strategies targeting the US multi-family market.

AvalonBay Communities Inc

REAL ESTATE · REIT - RESIDENTIAL · USA

AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.

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