GREAT AJAX CORP (AJX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AJX - US38983D3008 - REIT
3.02 USD
-0.02 (-0.66%)
3.02 USD
0 (0%)
We assign a fundamental rating of 2 out of 10 to AJX. AJX was compared to 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. Both the profitability and financial health of AJX have multiple concerns. AJX is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
AJX had negative earnings in the past year.
In the past year AJX has reported a negative cash flow from operations.
The reported net income has been mixed in the past 5 years: AJX reported negative net income in multiple years.
In the past 5 years AJX reported 4 times negative operating cash flow.
1.2 Ratios
AJX has a Return On Assets of -22.34%. This is amonst the worse of the industry: AJX underperforms 98.46% of its industry peers.
AJX has a worse Return On Equity (-77.90%) than 98.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -22.34% | ||
| ROE | -77.9% | ||
| ROIC | N/A |
ROA(3y)-1.21%
ROA(5y)-0.02%
ROE(3y)-5.81%
ROE(5y)-0.64%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
AJX does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
AJX does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for AJX has been increased compared to 1 year ago.
Compared to 1 year ago, AJX has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -1.12, we must say that AJX is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -1.12, AJX is not doing good in the industry: 95.38% of the companies in the same industry are doing better.
A Debt/Equity ratio of 2.46 is on the high side and indicates that AJX has dependencies on debt financing.
AJX's Debt to Equity ratio of 2.46 is fine compared to the rest of the industry. AJX outperforms 72.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.46 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -1.12 |
ROIC/WACCN/A
WACC3.88%
2.3 Liquidity
AJX has a Current Ratio of 0.35. This is a bad value and indicates that AJX is not financially healthy enough and could expect problems in meeting its short term obligations.
AJX has a Current ratio (0.35) which is comparable to the rest of the industry.
A Quick Ratio of 0.35 indicates that AJX may have some problems paying its short term obligations.
AJX has a Quick ratio of 0.35. This is comparable to the rest of the industry: AJX outperforms 58.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.35 | ||
| Quick Ratio | 0.35 |
3. Growth
3.1 Past
The earnings per share for AJX have decreased strongly by -169.29% in the last year.
Looking at the last year, AJX shows a very negative growth in Revenue. The Revenue has decreased by -178.16% in the last year.
AJX shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -14.92% yearly.
EPS 1Y (TTM)-169.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%28%
Revenue 1Y (TTM)-178.16%
Revenue growth 3Y-20.63%
Revenue growth 5Y-14.92%
Sales Q2Q%164.29%
3.2 Future
The Earnings Per Share is expected to grow by 32.37% on average over the next years. This is a very strong growth
AJX is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 45.88% yearly.
EPS Next Y-85.51%
EPS Next 2Y48.36%
EPS Next 3Y32.37%
EPS Next 5YN/A
Revenue Next Year182.82%
Revenue Next 2Y54.78%
Revenue Next 3Y45.88%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for AJX. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 7.67 indicates a rather cheap valuation of AJX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AJX indicates a somewhat cheap valuation: AJX is cheaper than 78.46% of the companies listed in the same industry.
AJX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 7.67 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as AJX's earnings are expected to grow with 32.37% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y48.36%
EPS Next 3Y32.37%
5. Dividend
5.1 Amount
AJX has a Yearly Dividend Yield of 7.95%, which is a nice return.
Compared to an average industry Dividend Yield of 10.99, AJX's dividend is way lower than its industry peers. On top of this 93.85% of the companies listed in the same industry pay a better dividend than AJX!
AJX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.95% |
5.2 History
The dividend of AJX decreases each year by -7.19%.
AJX has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-7.19%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
AJX has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-6.38%
EPS Next 2Y48.36%
EPS Next 3Y32.37%
3.02
-0.02 (-0.66%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners63.77%
Inst Owner Change-3.88%
Ins Owners9.31%
Ins Owner Change0%
Market Cap137.17M
Revenue(TTM)-43.18M
Net Income(TTM)-191.71M
Analysts76.67
Price Target6.12 (102.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.95% |
Yearly Dividend0.81
Dividend Growth(5Y)-7.19%
DP-6.38%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-25.65%
Min EPS beat(2)-104.41%
Max EPS beat(2)53.1%
EPS beat(4)1
Avg EPS beat(4)-3149.34%
Min EPS beat(4)-12030.7%
Max EPS beat(4)53.1%
EPS beat(8)1
Avg EPS beat(8)-3731.48%
EPS beat(12)1
Avg EPS beat(12)-2566.26%
EPS beat(16)4
Avg EPS beat(16)-1917.66%
Revenue beat(2)0
Avg Revenue beat(2)-168.11%
Min Revenue beat(2)-277.98%
Max Revenue beat(2)-58.24%
Revenue beat(4)1
Avg Revenue beat(4)214.48%
Min Revenue beat(4)-277.98%
Max Revenue beat(4)1419.88%
Revenue beat(8)2
Avg Revenue beat(8)72.31%
Revenue beat(12)4
Avg Revenue beat(12)52.77%
Revenue beat(16)8
Avg Revenue beat(16)47.78%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-587.5%
EPS NY rev (1m)0%
EPS NY rev (3m)-69.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-30.22%
Revenue NY rev (1m)0%
Revenue NY rev (3m)132.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 7.67 | ||
| P/S | N/A | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.56 | ||
| P/tB | 0.56 | ||
| EV/EBITDA | N/A |
EPS(TTM)-3.77
EYN/A
EPS(NY)0.39
Fwd EY13.04%
FCF(TTM)-0.22
FCFYN/A
OCF(TTM)-0.22
OCFYN/A
SpS-0.95
BVpS5.42
TBVpS5.42
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -22.34% | ||
| ROE | -77.9% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)-1.21%
ROA(5y)-0.02%
ROE(3y)-5.81%
ROE(5y)-0.64%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover-0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.46 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.35 | ||
| Quick Ratio | 0.35 | ||
| Altman-Z | -1.12 |
F-Score4
WACC3.88%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-169.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%28%
EPS Next Y-85.51%
EPS Next 2Y48.36%
EPS Next 3Y32.37%
EPS Next 5YN/A
Revenue 1Y (TTM)-178.16%
Revenue growth 3Y-20.63%
Revenue growth 5Y-14.92%
Sales Q2Q%164.29%
Revenue Next Year182.82%
Revenue Next 2Y54.78%
Revenue Next 3Y45.88%
Revenue Next 5YN/A
EBIT growth 1Y-668.55%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-1378.1%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-1331.34%
OCF growth 3YN/A
OCF growth 5YN/A
GREAT AJAX CORP / AJX FAQ
Can you provide the ChartMill fundamental rating for GREAT AJAX CORP?
ChartMill assigns a fundamental rating of 2 / 10 to AJX.
What is the valuation status of GREAT AJAX CORP (AJX) stock?
ChartMill assigns a valuation rating of 3 / 10 to GREAT AJAX CORP (AJX). This can be considered as Overvalued.
Can you provide the profitability details for GREAT AJAX CORP?
GREAT AJAX CORP (AJX) has a profitability rating of 0 / 10.
What is the expected EPS growth for GREAT AJAX CORP (AJX) stock?
The Earnings per Share (EPS) of GREAT AJAX CORP (AJX) is expected to decline by -85.51% in the next year.