$Apollo Commercial Real Estate Finance Inc (ARI.US)$🎯 2024....

New data: 23Q3 and 23Q4. Revenue and profit have basically stabilized.

Net profit in 2023 declined sharply by 78% due to loss on sale of assets and credit loss reserves.

Currently, the price-earnings ratio is 37, and the 5-year average net profit has shrunk to 140 million. The corresponding price-earnings ratio is 10.9, and the dividend ratio is 13%. The valuation is not very attractive.