WallStSmart

AMREP Corporation (AXR)vsSky Harbour Group Corporation (SKYH)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

AMREP Corporation generates 92% more annual revenue ($53.00M vs $27.54M). SKYH leads profitability with a 68.3% profit margin vs 24.4%. AXR trades at a lower P/E of 11.2x. AXR earns a higher WallStSmart Score of 71/100 (B).

AXR

Strong Buy

71

out of 100

Grade: B

Growth: 5.3Profit: 7.0Value: 10.0Quality: 9.0
Piotroski: 5/9Altman Z: 14.74

SKYH

Hold

48

out of 100

Grade: D+

Growth: 8.0Profit: 4.5Value: 3.0Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AXRUndervalued (+79.1%)

Margin of Safety

+79.1%

Fair Value

$112.79

Current Price

$28.17

$84.62 discount

UndervaluedFair: $112.79Overvalued
SKYHSignificantly Overvalued (-100.0%)

Margin of Safety

-100.0%

Fair Value

$4.21

Current Price

$9.87

$5.66 premium

UndervaluedFair: $4.21Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AXR6 strengths · Avg: 9.8/10
P/E RatioValuation
11.2x10/10

Attractively priced relative to earnings

Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
93.8%10/10

Revenue surging 93.8% year-over-year

Debt/EquityHealth
0.0010/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
14.7410/10

Safe zone — low bankruptcy risk

Profit MarginProfitability
24.4%9/10

Keeps 24 of every $100 in revenue as profit

SKYH3 strengths · Avg: 9.3/10
Profit MarginProfitability
68.3%10/10

Keeps 68 of every $100 in revenue as profit

Revenue GrowthGrowth
73.6%10/10

Revenue surging 73.6% year-over-year

Price/BookValuation
2.6x8/10

Reasonable price relative to book value

Areas to Watch

AXR3 concerns · Avg: 3.7/10
PEG RatioValuation
1.554/10

Expensive relative to growth rate

EPS GrowthGrowth
3.5%4/10

3.5% earnings growth

Market CapQuality
$143.24M3/10

Smaller company, higher risk/reward

SKYH4 concerns · Avg: 3.0/10
EPS GrowthGrowth
2.0%4/10

2.0% earnings growth

Market CapQuality
$746.38M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
4.4%3/10

ROE of 4.4% — below average capital efficiency

P/E RatioValuation
108.9x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : AXR

The strongest argument for AXR centers on P/E Ratio, Price/Book, Revenue Growth. Profitability is solid with margins at 24.4% and operating margin at 20.6%. Revenue growth of 93.8% demonstrates continued momentum.

Bull Case : SKYH

The strongest argument for SKYH centers on Profit Margin, Revenue Growth, Price/Book. Profitability is solid with margins at 68.3% and operating margin at -74.4%. Revenue growth of 73.6% demonstrates continued momentum.

Bear Case : AXR

The primary concerns for AXR are PEG Ratio, EPS Growth, Market Cap.

Bear Case : SKYH

The primary concerns for SKYH are EPS Growth, Market Cap, Return on Equity. A P/E of 108.9x leaves little room for execution misses.

Key Dynamics to Monitor

SKYH carries more volatility with a beta of 1.49 — expect wider price swings.

AXR is growing revenue faster at 93.8% — sustainability is the question.

AXR generates stronger free cash flow (5M), providing more financial flexibility.

Monitor REAL ESTATE - DEVELOPMENT industry trends, competitive dynamics, and regulatory changes.

Bottom Line

AXR scores higher overall (71/100 vs 48/100), backed by strong 24.4% margins and 93.8% revenue growth. Both earn "Strong 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.

AMREP Corporation

REAL ESTATE · REAL ESTATE - DEVELOPMENT · USA

AMREP Corporation is primarily engaged in the real estate business. The company is headquartered in Plymouth Meeting, Pennsylvania.

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Sky Harbour Group Corporation

REAL ESTATE · REAL ESTATE - DEVELOPMENT · USA

Sky Harbor Group Corporation, an aviation infrastructure company, develops, leases and manages commercial aviation hangars at airports for commercial and private aircraft owners in the United States. The company is headquartered in White Plains, New York.

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