Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF) & Farmland Partners (NYSE:FPI) Critical Analysis

Automotive Properties Real Estate Investment Trust (OTCMKTS:APPTF) and Farmland Partners (NYSE:FPI) are both real estate companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, analyst recommendations, dividends, valuation, risk, profitability and institutional ownership.

Earnings & Valuation

This table compares Automotive Properties Real Estate Investment Trust and Farmland Partners”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Automotive Properties Real Estate Investment Trust	N/A	N/A	N/A	N/A	N/A
Farmland Partners	$56.65 million	9.32	$30.91 million	$0.51	21.50

Farmland Partners has higher revenue and earnings than Automotive Properties Real Estate Investment Trust.

Profitability

This table compares Automotive Properties Real Estate Investment Trust and Farmland Partners’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Automotive Properties Real Estate Investment Trust	N/A	N/A	N/A
Farmland Partners	36.89%	3.97%	2.01%

Analyst Ratings

This is a breakdown of current ratings and price targets for Automotive Properties Real Estate Investment Trust and Farmland Partners, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Automotive Properties Real Estate Investment Trust	0	0	0	0	N/A
Farmland Partners	0	0	2	0	3.00

Farmland Partners has a consensus price target of $15.00, suggesting a potential upside of 36.80%. Given Farmland Partners’ higher possible upside, analysts plainly believe Farmland Partners is more favorable than Automotive Properties Real Estate Investment Trust.

Insider and Institutional Ownership

58.0% of Farmland Partners shares are owned by institutional investors. 8.3% of Farmland Partners shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

Farmland Partners beats Automotive Properties Real Estate Investment Trust on 8 of the 8 factors compared between the two stocks.

About Automotive Properties Real Estate Investment Trust

Automotive Properties REIT is an internally managed, unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 77 income-producing commercial properties, representing approximately 2.9 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec. Automotive Properties REIT is the only public vehicle in Canada focused on consolidating automotive dealership real estate properties.

About Farmland Partners

Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of December 31, 2023, the Company owns and/or manages approximately 171,100 acres in 16 states, including Arkansas, California, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina and Texas. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. The Company has approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.