CLAROS MORTGAGE TRUST INC (CMTG) Stock Fundamental Analysis
NYSE:CMTG - New York Stock Exchange, Inc. - US18270D1063 - REIT - Currency: USD
CMTG gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 67 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. CMTG has a bad profitability rating. Also its financial health evaluation is rather negative. CMTG is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CMTG had negative earnings in the past year.
In the past year CMTG had a positive cash flow from operations.
CMTG had positive earnings in 4 of the past 5 years.
In the past 5 years CMTG always reported a positive cash flow from operatings.
1.2 Ratios
CMTG's Return On Assets of -3.73% is on the low side compared to the rest of the industry. CMTG is outperformed by 88.06% of its industry peers.
CMTG has a worse Return On Equity (-12.83%) than 82.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.73% | ||
| ROE | -12.83% | ||
| ROIC | N/A |
ROA(3y)-0.61%
ROA(5y)0.67%
ROE(3y)-2.18%
ROE(5y)1.67%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CMTG has a Gross Margin (30.55%) which is in line with its industry peers.
In the last couple of years the Gross Margin of CMTG has declined.
The Profit Margin and Operating Margin are not available for CMTG so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 30.55% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-15.15%
GM growth 5Y-10.32%
2. Health
2.1 Basic Checks
CMTG does not have a ROIC to compare to the WACC, probably because it is not profitable.
CMTG has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CMTG has been reduced compared to 5 years ago.
CMTG has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.84, we must say that CMTG is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.84, CMTG is doing worse than 77.61% of the companies in the same industry.
CMTG has a debt to FCF ratio of 177.72. This is a negative value and a sign of low solvency as CMTG would need 177.72 years to pay back of all of its debts.
With a Debt to FCF ratio value of 177.72, CMTG perfoms like the industry average, outperforming 40.30% of the companies in the same industry.
A Debt/Equity ratio of 2.42 is on the high side and indicates that CMTG has dependencies on debt financing.
CMTG has a Debt to Equity ratio of 2.42. This is in the better half of the industry: CMTG outperforms 77.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 177.72 | ||
| Altman-Z | -0.84 |
ROIC/WACCN/A
WACC7.3%
2.3 Liquidity
CMTG has a Current Ratio of 0.03. This is a bad value and indicates that CMTG is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of CMTG (0.03) is worse than 86.57% of its industry peers.
CMTG has a Quick Ratio of 0.03. This is a bad value and indicates that CMTG is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.03, CMTG is doing worse than 86.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.03 | ||
| Quick Ratio | 0.03 |
3. Growth
3.1 Past
CMTG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -575.00%.
CMTG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.81%.
Measured over the past years, CMTG shows a quite strong growth in Revenue. The Revenue has been growing by 12.08% on average per year.
EPS 1Y (TTM)-575%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-108.33%
Revenue 1Y (TTM)-16.81%
Revenue growth 3Y15.83%
Revenue growth 5Y12.08%
Sales Q2Q%-26.26%
3.2 Future
The Earnings Per Share is expected to grow by 39.97% on average over the next years. This is a very strong growth
The Revenue is expected to decrease by -3.49% on average over the next years.
EPS Next Y58.6%
EPS Next 2Y39.82%
EPS Next 3Y39.97%
EPS Next 5YN/A
Revenue Next Year-22.61%
Revenue Next 2Y-13.94%
Revenue Next 3Y-3.49%
Revenue Next 5YN/A
3.3 Evolution
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
The Price/Earnings Ratio is negative for CMTG. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for CMTG. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as CMTG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.9 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as CMTG's earnings are expected to grow with 39.97% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y39.82%
EPS Next 3Y39.97%
5. Dividend
5.1 Amount
CMTG has a Yearly Dividend Yield of 3.14%. Purely for dividend investing, there may be better candidates out there.
With a Dividend Yield of 3.14, CMTG pays less dividend than the industry average, which is at 11.19. 97.01% of the companies listed in the same industry pay a better dividend than CMTG!
Compared to an average S&P500 Dividend Yield of 2.31, CMTG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.14% |
5.2 History
CMTG has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of CMTG are negative and hence is the payout ratio. CMTG will probably not be able to sustain this dividend level.
DP-34.4%
EPS Next 2Y39.82%
EPS Next 3Y39.97%
3.18
-0.02 (-0.62%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners62.93%
Inst Owner Change0.8%
Ins Owners2.4%
Ins Owner Change2.45%
Market Cap444.53M
Analysts49.09
Price Target3.32 (4.4%)
Short Float %2.97%
Short Ratio3.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.14% |
Yearly Dividend0.87
Dividend Growth(5Y)N/A
DP-34.4%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-495.2%
Min EPS beat(2)-823.04%
Max EPS beat(2)-167.37%
EPS beat(4)1
Avg EPS beat(4)-311.14%
Min EPS beat(4)-823.04%
Max EPS beat(4)15.34%
EPS beat(8)1
Avg EPS beat(8)-211.68%
EPS beat(12)1
Avg EPS beat(12)-144.25%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)2.92%
Min Revenue beat(2)-0.97%
Max Revenue beat(2)6.81%
Revenue beat(4)3
Avg Revenue beat(4)8.56%
Min Revenue beat(4)-0.97%
Max Revenue beat(4)17.82%
Revenue beat(8)6
Avg Revenue beat(8)7.39%
Revenue beat(12)9
Avg Revenue beat(12)34.44%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.41%
PT rev (3m)8.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)22.2%
EPS NY rev (1m)-14.21%
EPS NY rev (3m)-185.51%
Revenue NQ rev (1m)1.14%
Revenue NQ rev (3m)7.82%
Revenue NY rev (1m)0%
Revenue NY rev (3m)11.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.69 | ||
| P/FCF | 16.9 | ||
| P/OCF | 16.32 | ||
| P/B | 0.23 | ||
| P/tB | 0.23 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.81
EYN/A
EPS(NY)-0.03
Fwd EYN/A
FCF(TTM)0.19
FCFY5.92%
OCF(TTM)0.19
OCFY6.13%
SpS4.63
BVpS13.84
TBVpS13.7
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.73% | ||
| ROE | -12.83% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 30.55% | ||
| FCFM | 4.07% |
ROA(3y)-0.61%
ROA(5y)0.67%
ROE(3y)-2.18%
ROE(5y)1.67%
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
ROICexcg growth 3YN/A
ROICexcg 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 3Y-15.15%
GM growth 5Y-10.32%
F-Score3
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 177.72 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 11.2% | ||
| Cap/Sales | 0.14% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.03 | ||
| Quick Ratio | 0.03 | ||
| Altman-Z | -0.84 |
F-Score3
WACC7.3%
ROIC/WACCN/A
Cap/Depr(3y)21.38%
Cap/Depr(5y)N/A
Cap/Sales(3y)0.29%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-575%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-108.33%
EPS Next Y58.6%
EPS Next 2Y39.82%
EPS Next 3Y39.97%
EPS Next 5YN/A
Revenue 1Y (TTM)-16.81%
Revenue growth 3Y15.83%
Revenue growth 5Y12.08%
Sales Q2Q%-26.26%
Revenue Next Year-22.61%
Revenue Next 2Y-13.94%
Revenue Next 3Y-3.49%
Revenue Next 5YN/A
EBIT growth 1Y-43.57%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-74.92%
FCF growth 3Y-26.98%
FCF growth 5Y-8.49%
OCF growth 1Y-74.75%
OCF growth 3Y-26.59%
OCF growth 5Y-8.19%