Critical investigation into the acquisition of Far Peak (NASDAQ:FPAC) against America First Multifamily Investors (NASDAQ:ATAX)


America’s first multi-family investors (NASDAQ:ATAXGet a rating) and Far Peak acquisition (NASDAQ:APFCGet a rating) are both small cap finance companies, but which is the better investment? We’ll compare the two companies based on earnings strength, profitability, dividends, analyst recommendations, valuation, risk, and institutional ownership.

Valuation and benefits

This chart compares revenue, earnings per share (EPS), and valuation of America First Multifamily Investors and Far Peak Acquisition.

Gross revenue Price/sales ratio Net revenue Earnings per share Price/earnings ratio
America First Multifamily Investors $68.50 million 5.96 $38.10 million $2.32 7.99
Distant peak acquisition N / A N / A -$4.70 million N / A N / A

America First Multifamily Investors has higher revenue and profit than Far Peak Acquisition.

Risk and Volatility

America First Multifamily Investors has a beta of 0.6, suggesting its stock price is 40% less volatile than the S&P 500. By comparison, Far Peak Acquisition has a beta of 0.26, suggesting its stock price is 74% less volatile than the S&P 500. .

Analyst Notes

This is a breakdown of the current price recommendations and targets for America First Multifamily Investors and Far Peak Acquisition, as reported by MarketBeat.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
America First Multifamily Investors 0 0 2 0 3.00
Distant peak acquisition 0 0 0 0 N / A

America First Multifamily Investors currently has a consensus target price of $21.75, indicating a potential upside of 17.38%. Given America First Multifamily Investors’ possible higher upside, analysts clearly believe that America First Multifamily Investors is more favorable than Far Peak Acquisition.

Institutional and insider ownership

33.3% of the shares of America First Multifamily Investors are held by institutional investors. By comparison, 77.0% of the shares of Far Peak Acquisition are held by institutional investors. 1.3% of the shares of America First Multifamily Investors are held by insiders of the company. Strong institutional ownership indicates that endowments, hedge funds, and large fund managers believe a stock will outperform the market over the long term.

Profitability

This table compares the net margins, return on equity and return on assets of America First Multifamily Investors and Far Peak Acquisition.

Net margins Return on equity return on assets
America First Multifamily Investors 78.27% 15.99% 4.33%
Distant peak acquisition N / A N / A -3.78%

Summary

America First Multifamily Investors beats Far Peak Acquisition on 9 out of 10 factors compared between the two stocks.

America First Multifamily Investors Company Profile (Get a rating)

America First Multifamily Investors, LP acquires, holds, sells and trades a portfolio of Mortgage Revenue Bonds (MRBs) which are issued to provide construction and/or permanent financing for multifamily and student housing, as well as residential properties and commercial. It operates through five segments: Affordable Multi-Family MRB Investments, Senior Citizens and Skilled Nurses MRB Investments, MF Properties, Market Rate Joint Venture Investments and Public Housing Capital Fund Trusts. As of December 31, 2021, the company held 74 MRBs issued by state and local housing authorities to provide construction or permanent financing for 76 multifamily and seniors housing comprising a total of 12,584 rental units located in 17 states; and nine loans from government issuers tied to affordable multifamily properties containing a total of 1,832 rental units located in six US states. America First Capital Associates Limited Partnership Two is the general partner of the company. America First Multifamily Investors, LP was incorporated in 1998 and is based in Omaha, Nebraska.

Far Peak Acquisition Company Profile (Get a rating)

Far Peak Acquisition Corporation has no significant activities. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more companies or entities in the technology sectors finance, technology or financial services. The company was incorporated in 2020 and is based in New York, New York.



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