ACRE Ares Commercial Real Estate Corp

Price (delayed)

$15.575

Market cap

$738.85M

P/E Ratio

11.54

Dividend/share

$1.32

EPS

$1.35

Enterprise value

$2.52B

Ares Commercial Real Estate Corporation is a specialty finance company primarily engaged in originating and investing in commercial real estate loans and related investments. Through its national direct origination platform, ...

Highlights
The revenue is up by 27% year-on-year and by 2.7% since the previous quarter
ACRE's gross profit is up by 25% YoY and by 2.1% QoQ
ACRE's debt is up by 21% year-on-year but it is down by 7% since the previous quarter
ACRE's P/E is 14% above its last 4 quarters average of 10.0 but 7% below its 5-year quarterly average of 12.2
The EPS has decreased by 17% YoY and by 6% from the previous quarter

Key stats

What are the main financial stats of ACRE
Market
Shares outstanding
47.44M
Market cap
$738.85M
Enterprise value
$2.52B
Valuations
Price to earnings (P/E)
11.54
Price to book (P/B)
1.07
Price to sales (P/S)
7.01
EV/EBIT
40.95
EV/EBITDA
40.56
EV/Sales
24.04
Earnings
Revenue
$104.87M
EBIT
$61.56M
EBITDA
$62.16M
Free cash flow
$54.5M
Per share
EPS
$1.35
Free cash flow per share
$1.15
Book value per share
$14.6
Revenue per share
$2.22
TBVPS
$53.3
Balance sheet
Total assets
$2.52B
Total liabilities
$1.83B
Debt
$1.8B
Equity
$689.33M
Working capital
N/A
Liquidity
Debt to equity
2.61
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
28.67
Margins
EBITDA margin
59.3%
Gross margin
81.3%
Net margin
58.1%
Operating margin
61.2%
Efficiency
Return on assets
2.5%
Return on equity
9%
Return on invested capital
1.5%
Return on capital employed
N/A
Return on sales
58.7%
Dividend
Dividend yield
8.48%
DPS
$1.32
Payout ratio
97.8%

ACRE stock price

How has the Ares Commercial Real Estate stock price performed over time
Intraday
1.53%
1 week
4.53%
1 month
-4.45%
1 year
4.67%
YTD
7.12%
QTD
0.35%

Financial performance

How have Ares Commercial Real Estate's revenue and profit performed over time
Revenue
$104.87M
Gross profit
$85.29M
Operating income
$64.22M
Net income
$60.92M
Gross margin
81.3%
Net margin
58.1%
The company's operating income rose by 31% YoY and by 4.9% QoQ
The revenue is up by 27% year-on-year and by 2.7% since the previous quarter
ACRE's gross profit is up by 25% YoY and by 2.1% QoQ
ACRE's net margin is down by 12% year-on-year

Growth

What is Ares Commercial Real Estate's growth rate over time

Valuation

What is Ares Commercial Real Estate stock price valuation
P/E
11.54
P/B
1.07
P/S
7.01
EV/EBIT
40.95
EV/EBITDA
40.56
EV/Sales
24.04
The EPS has decreased by 17% YoY and by 6% from the previous quarter
ACRE's P/E is 14% above its last 4 quarters average of 10.0 but 7% below its 5-year quarterly average of 12.2
Ares Commercial Real Estate's equity has increased by 20% YoY
The P/B is 17% higher than the 5-year quarterly average of 0.9 and 5% higher than the last 4 quarters average of 1.0
The revenue is up by 27% year-on-year and by 2.7% since the previous quarter
The price to sales (P/S) is 8% higher than the 5-year quarterly average of 6.4

Efficiency

How efficient is Ares Commercial Real Estate business performance
Ares Commercial Real Estate's return on equity has decreased by 19% YoY and by 3.2% QoQ
The ROS has decreased by 12% YoY and by 2% from the previous quarter
ACRE's ROA is down by 7% YoY and by 3.8% QoQ
Ares Commercial Real Estate's ROIC has decreased by 6% YoY

Dividends

What is ACRE's dividend history
DPS
$1.32
Dividend yield
8.48%
Payout ratio
97.8%
Recent dividends

Financial health

How did Ares Commercial Real Estate financials performed over time
ACRE's total assets is 38% more than its total liabilities
The company's total liabilities rose by 21% YoY but it fell by 6% QoQ
ACRE's total assets is up by 20% YoY but it is down by 4.4% from the previous quarter
ACRE's debt is 161% greater than its equity
ACRE's debt is up by 21% year-on-year but it is down by 7% since the previous quarter
Ares Commercial Real Estate's equity has increased by 20% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.