Event-Driven Stocks

ASSOCIATED ESTATES REALTY CORP

Real Estate · Real Estate Investment Trusts · OH · SEC filings ↗ · Compare ⊕

Signs2 gooddetails ↓

Financials

SEC XBRL · annual
 FY14FY13FY12FY11FY10
Revenue
Operating income$8.3M$7.5M$29.2M$15.9M$19.1M
Net income$42.3M$10.3M$30.6M$5.3M−$8.6M
Total assets$1.47B$1.42B$1.17B$1.02B$918.2M
Total liabilities$818.1M$877.7M$766.0M$706.9M$599.3M
Equity$647.2M$544.5M$403.4M$308.8M$316.2M
EPS (diluted)$0.73$0.20$0.66$0.13$-0.38
Shares out.57.6M50.2M42.4M42.3M41.4M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2014
Operating margin
Net margin
Return on equity
6.5%
Return on assets
2.9%
Return on capital (ROCE)
Liabilities / assets
55.8%
Debt / equity
1.26×
Book value / share
$11.24
Revenue growth (YoY)
Net income growth (YoY)
308.6%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2014
Accruals / assets
2.3%clean
Piotroski F-Score
5/6mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
87
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

2 good
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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