ANGEL OAK MORTGAGE REIT INC (AOMR) Stock Fundamental Analysis
NYSE:AOMR - New York Stock Exchange, Inc. - US03464Y1082 - REIT - Currency: USD
Taking everything into account, AOMR scores 5 out of 10 in our fundamental rating. AOMR was compared to 65 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. AOMR has an excellent profitability rating, but there are concerns on its financial health. AOMR is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year AOMR was profitable.
AOMR had a negative operating cash flow in the past year.
Of the past 5 years AOMR 4 years were profitable.
The reported operating cash flow has been mixed in the past 5 years: AOMR reported negative operating cash flow in multiple years.
1.2 Ratios
AOMR's Return On Assets of 1.35% is amongst the best of the industry. AOMR outperforms 87.69% of its industry peers.
AOMR has a Return On Equity of 14.42%. This is amongst the best in the industry. AOMR outperforms 100.00% of its industry peers.
AOMR has a Return On Invested Capital of 0.71%. This is in the better half of the industry: AOMR outperforms 69.23% of its industry peers.
AOMR had an Average Return On Invested Capital over the past 3 years of 0.64%. This is in line with the industry average of 1.42%.
The last Return On Invested Capital (0.71%) for AOMR is above the 3 year average (0.64%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.35% | ||
| ROE | 14.42% | ||
| ROIC | 0.71% |
ROA(3y)-1.22%
ROA(5y)-0.54%
ROE(3y)-18.1%
ROE(5y)-9.94%
ROIC(3y)0.64%
ROIC(5y)1.32%
1.3 Margins
With an excellent Profit Margin value of 94.36%, AOMR belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
AOMR's Profit Margin has improved in the last couple of years.
AOMR has a better Operating Margin (55.68%) than 92.31% of its industry peers.
AOMR's Operating Margin has improved in the last couple of years.
AOMR has a better Gross Margin (90.57%) than 98.46% of its industry peers.
In the last couple of years the Gross Margin of AOMR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 55.68% | ||
| PM (TTM) | 94.36% | ||
| GM | 90.57% |
OM growth 3Y-9.35%
OM growth 5Y2.62%
PM growth 3Y21.67%
PM growth 5Y12.2%
GM growth 3Y-3.55%
GM growth 5Y2.48%
2. Health
2.1 Basic Checks
The number of shares outstanding for AOMR has been reduced compared to 1 year ago.
AOMR has less shares outstanding than it did 5 years ago.
AOMR has a worse debt/assets ratio than last year.
2.2 Solvency
AOMR has an Altman-Z score of -0.20. This is a bad value and indicates that AOMR is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.20, AOMR is in line with its industry, outperforming 46.15% of the companies in the same industry.
A Debt/Equity ratio of 8.40 is on the high side and indicates that AOMR has dependencies on debt financing.
With a Debt to Equity ratio value of 8.40, AOMR is not doing good in the industry: 86.15% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.4 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.2 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
AOMR has a Current Ratio of 0.11. This is a bad value and indicates that AOMR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.11, AOMR is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
A Quick Ratio of 0.11 indicates that AOMR may have some problems paying its short term obligations.
AOMR's Quick ratio of 0.11 is on the low side compared to the rest of the industry. AOMR is outperformed by 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.11 | ||
| Quick Ratio | 0.11 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 155.22% over the past year.
The Earnings Per Share has been growing by 42.43% on average over the past years. This is a very strong growth
AOMR shows a strong growth in Revenue. In the last year, the Revenue has grown by 25.27%.
AOMR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.67% yearly.
EPS 1Y (TTM)155.22%
EPS 3Y11.75%
EPS 5Y42.43%
EPS Q2Q%63.64%
Revenue 1Y (TTM)25.27%
Revenue growth 3Y-9.05%
Revenue growth 5Y25.67%
Sales Q2Q%17.58%
3.2 Future
Based on estimates for the next years, AOMR will show a very strong growth in Earnings Per Share. The EPS will grow by 67.41% on average per year.
Based on estimates for the next years, AOMR will show a very negative growth in Revenue. The Revenue will decrease by -21.74% on average per year.
EPS Next Y294.4%
EPS Next 2Y117.08%
EPS Next 3Y67.41%
EPS Next 5YN/A
Revenue Next Year18.32%
Revenue Next 2Y14.57%
Revenue Next 3Y-21.74%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 24.78, the valuation of AOMR can be described as rather expensive.
AOMR's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.31, AOMR is valued at the same level.
With a Price/Forward Earnings ratio of 6.49, the valuation of AOMR can be described as very cheap.
Based on the Price/Forward Earnings ratio, AOMR is valued cheaply inside the industry as 89.23% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.13, AOMR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.78 | ||
| Fwd PE | 6.49 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AOMR has an outstanding profitability rating, which may justify a higher PE ratio.
AOMR's earnings are expected to grow with 67.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.08
PEG (5Y)0.58
EPS Next 2Y117.08%
EPS Next 3Y67.41%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 13.73%, AOMR is a good candidate for dividend investing.
AOMR's Dividend Yield is a higher than the industry average which is at 12.57.
AOMR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.73% |
5.2 History
AOMR has been paying a dividend for over 5 years, so it has already some track record.
AOMR has decreased its dividend recently.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
AOMR pays out 84.29% of its income as dividend. This is not a sustainable payout ratio.
DP84.29%
EPS Next 2Y117.08%
EPS Next 3Y67.41%
9.17
-0.15 (-1.61%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners73.13%
Inst Owner Change0.55%
Ins Owners4.45%
Ins Owner Change0.49%
Market Cap215.50M
Analysts81.54
Price Target12.07 (31.62%)
Short Float %0.61%
Short Ratio0.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.73% |
Yearly Dividend1.28
Dividend Growth(5Y)N/A
DP84.29%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.8%
Min EPS beat(2)-38.54%
Max EPS beat(2)54.14%
EPS beat(4)1
Avg EPS beat(4)-69.35%
Min EPS beat(4)-155.27%
Max EPS beat(4)54.14%
EPS beat(8)1
Avg EPS beat(8)-148.57%
EPS beat(12)3
Avg EPS beat(12)-181.38%
EPS beat(16)3
Avg EPS beat(16)-171.38%
Revenue beat(2)0
Avg Revenue beat(2)-12.16%
Min Revenue beat(2)-13.49%
Max Revenue beat(2)-10.82%
Revenue beat(4)0
Avg Revenue beat(4)-8.95%
Min Revenue beat(4)-13.49%
Max Revenue beat(4)-3.27%
Revenue beat(8)0
Avg Revenue beat(8)-12.73%
Revenue beat(12)0
Avg Revenue beat(12)-19.75%
Revenue beat(16)1
Avg Revenue beat(16)-19.23%
PT rev (1m)4.41%
PT rev (3m)-3.07%
EPS NQ rev (1m)-2.03%
EPS NQ rev (3m)-4.7%
EPS NY rev (1m)0%
EPS NY rev (3m)-8.87%
Revenue NQ rev (1m)-6.94%
Revenue NQ rev (3m)-6.94%
Revenue NY rev (1m)-5.78%
Revenue NY rev (3m)-10%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.78 | ||
| Fwd PE | 6.49 | ||
| P/S | 5.61 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.86 | ||
| P/tB | 0.86 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.37
EY4.03%
EPS(NY)1.41
Fwd EY15.42%
FCF(TTM)-19.72
FCFYN/A
OCF(TTM)-19.72
OCFYN/A
SpS1.64
BVpS10.7
TBVpS10.7
PEG (NY)0.08
PEG (5Y)0.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.35% | ||
| ROE | 14.42% | ||
| ROCE | 0.97% | ||
| ROIC | 0.71% | ||
| ROICexc | 0.73% | ||
| ROICexgc | 0.73% | ||
| OM | 55.68% | ||
| PM (TTM) | 94.36% | ||
| GM | 90.57% | ||
| FCFM | N/A |
ROA(3y)-1.22%
ROA(5y)-0.54%
ROE(3y)-18.1%
ROE(5y)-9.94%
ROIC(3y)0.64%
ROIC(5y)1.32%
ROICexc(3y)0.65%
ROICexc(5y)1.4%
ROICexgc(3y)0.66%
ROICexgc(5y)1.4%
ROCE(3y)0.85%
ROCE(5y)2.27%
ROICexcg growth 3Y-10.97%
ROICexcg growth 5Y-4.36%
ROICexc growth 3Y-11.11%
ROICexc growth 5Y-4.49%
OM growth 3Y-9.35%
OM growth 5Y2.62%
PM growth 3Y21.67%
PM growth 5Y12.2%
GM growth 3Y-3.55%
GM growth 5Y2.48%
F-Score3
Asset Turnover0.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.4 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.31 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.11 | ||
| Quick Ratio | 0.11 | ||
| Altman-Z | -0.2 |
F-Score3
WACCN/A
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)155.22%
EPS 3Y11.75%
EPS 5Y42.43%
EPS Q2Q%63.64%
EPS Next Y294.4%
EPS Next 2Y117.08%
EPS Next 3Y67.41%
EPS Next 5YN/A
Revenue 1Y (TTM)25.27%
Revenue growth 3Y-9.05%
Revenue growth 5Y25.67%
Sales Q2Q%17.58%
Revenue Next Year18.32%
Revenue Next 2Y14.57%
Revenue Next 3Y-21.74%
Revenue Next 5YN/A
EBIT growth 1Y77.21%
EBIT growth 3Y-17.55%
EBIT growth 5Y28.96%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-185.75%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-185.75%
OCF growth 3YN/A
OCF growth 5YN/A