Fundamental analysis ARI (Apollo Commercial Real Estate Finance Inc)

Updated on 06/06/2026

We analyzed Apollo Commercial Real Estate Finance stock against the 10 quality criteria of Lubin Investment. The company gets a quality score of 4/10, meaning low quality, and a P/FCF valuation multiple of 14.0×.

Sector: REIT - Mortgage. Listing: US. Current price: 10.99 USD.

Lubin scoring methodology

Apollo Commercial Real Estate Finance Inc (ARI)'s score is calculated automatically from 10 objective financial criteria, with no human intervention or opinion. Each criterion is validated (YES / PARTIAL / NO) based on thresholds drawn from the financial literature (Warren Buffett, Bettin-Mauboussin, Aswath Damodaran). The final score is the sum of validations.

The 10 quantitative criteria analyzed

1. Profitable: positive net margin
2. Growing revenue: revenue growing > 10%/year over 5 years
3. Growing earnings per share: FCF per share adjusted for stock-based compensation, > 10%/year over 5 years
4. Share count under control: stable or declining (net buybacks = value creation for shareholders)
5. Cash profitability: free cash flow margin > 10% of revenue
6. Expanding margins: operating margin widens over 5 years (operating leverage)
7. Return on invested capital: Bettin-Mauboussin Cash ROCE > 15% per year
8. Debt under control: net debt repayable in less than 3 years of free cash flow
9. Earnings converted to cash: free cash flow exceeds accounting net income
10. Net collection period: short or negative cash conversion cycle

Frequently asked questions

Is Apollo Commercial Real Estate Finance a quality stock?

Apollo Commercial Real Estate Finance gets a quality score of 4/10 (low quality), calculated over the 10 Lubin Investment criteria: profitability, revenue and free cash flow growth, share buybacks, margins, debt and return on capital.

How is Apollo Commercial Real Estate Finance's score calculated?

The score is the total of validated criteria (YES / PARTIAL / NO) using thresholds drawn from the financial literature (Warren Buffett, Mauboussin, Aswath Damodaran), automatically and with no human opinion.

What is Apollo Commercial Real Estate Finance's P/FCF?

The price-to-free-cash-flow (P/FCF) multiple of Apollo Commercial Real Estate Finance stock is 14.0×. At Lubin Investment, valuation is judged separately from quality.

Where to see Apollo Commercial Real Estate Finance's full analysis?

The full interactive analysis (10-criteria detail, history, P/FCF valuation, sector comparisons) is available at https://lubin-investment.com/analyse/ARI?lng=en.

Other stocks in the REIT Mortgage sector

• MFA Financial (MFA) — score 8/10, P/FCF 5.8×
• Angel Oak Mortgage REIT (AOMR) — score 7/10, P/FCF 10.0×
• RPT Realty (RPT) — score 6/10, P/FCF 21.1×
• Rithm Capital (RITM) — score 6/10, P/FCF 2.9×
• Manhattan Bridge Capital (LOAN) — score 6/10, P/FCF 9.7×

Go further

👉 See the full interactive analysis of ARI

Other resources : Detailed methodology · All stocks in the REIT Mortgage sector · Stocks rated 10 out of 10 · Top quality companies · Lubin Investment pricing.