INVESCO MORTGAGE CAPITAL (IVR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:IVR - US46131B7047 - REIT
8.23 USD
+0.04 (+0.49%)
8.23 USD
0 (0%)
IVR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 69 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. IVR has a medium profitability rating, but doesn't score so well on its financial health evaluation. IVR is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
IVR had positive earnings in the past year.
IVR had a positive operating cash flow in the past year.
IVR had negative earnings in 4 of the past 5 years.
In the past 5 years IVR always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of IVR (0.58%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 4.48%, IVR is in line with its industry, outperforming 56.52% of the companies in the same industry.
With a decent Return On Invested Capital value of 0.65%, IVR is doing good in the industry, outperforming 65.22% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for IVR is in line with the industry average of 1.23%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.58% | ||
| ROE | 4.48% | ||
| ROIC | 0.65% |
ROA(3y)-2.76%
ROA(5y)-5.95%
ROE(3y)-17.3%
ROE(5y)-37.42%
ROIC(3y)0.85%
ROIC(5y)1.09%
1.3 Margins
Looking at the Profit Margin, with a value of 11.74%, IVR is in the better half of the industry, outperforming 63.77% of the companies in the same industry.
IVR's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 16.72%, IVR is in the better half of the industry, outperforming 63.77% of the companies in the same industry.
In the last couple of years the Operating Margin of IVR has declined.
IVR has a worse Gross Margin (19.14%) than 66.67% of its industry peers.
IVR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.72% | ||
| PM (TTM) | 11.74% | ||
| GM | 19.14% |
OM growth 3Y-57.18%
OM growth 5Y-28.55%
PM growth 3YN/A
PM growth 5Y-21.64%
GM growth 3Y-52.9%
GM growth 5Y-24.03%
2. Health
2.1 Basic Checks
IVR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, IVR has more shares outstanding
Compared to 1 year ago, IVR has a worse debt to assets ratio.
2.2 Solvency
IVR has an Altman-Z score of -1.73. This is a bad value and indicates that IVR is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of IVR (-1.73) is worse than 98.55% of its industry peers.
The Debt to FCF ratio of IVR is 32.36, which is on the high side as it means it would take IVR, 32.36 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of IVR (32.36) is better than 82.61% of its industry peers.
A Debt/Equity ratio of 6.69 is on the high side and indicates that IVR has dependencies on debt financing.
The Debt to Equity ratio of IVR (6.69) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.69 | ||
| Debt/FCF | 32.36 | ||
| Altman-Z | -1.73 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.02 indicates that IVR may have some problems paying its short term obligations.
With a Current ratio value of 0.02, IVR is not doing good in the industry: 98.55% of the companies in the same industry are doing better.
A Quick Ratio of 0.02 indicates that IVR may have some problems paying its short term obligations.
IVR's Quick ratio of 0.02 is on the low side compared to the rest of the industry. IVR is outperformed by 98.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.02 | ||
| Quick Ratio | 0.02 |
3. Growth
3.1 Past
The earnings per share for IVR have decreased strongly by -30.45% in the last year.
Measured over the past years, IVR shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -29.23% on average per year.
IVR shows a small growth in Revenue. In the last year, the Revenue has grown by 7.34%.
IVR shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -18.12% yearly.
EPS 1Y (TTM)-30.45%
EPS 3Y-10.6%
EPS 5Y-29.23%
EPS Q2Q%-14.71%
Revenue 1Y (TTM)7.34%
Revenue growth 3Y14.44%
Revenue growth 5Y-18.12%
Sales Q2Q%-34.69%
3.2 Future
IVR is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.39% yearly.
Based on estimates for the next years, IVR will show a small growth in Revenue. The Revenue will grow by 1.84% on average per year.
EPS Next Y-16.1%
EPS Next 2Y-11.54%
EPS Next 3Y-8.39%
EPS Next 5YN/A
Revenue Next Year-0.61%
Revenue Next 2Y1.84%
Revenue Next 3YN/A
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.
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
Based on the Price/Earnings ratio of 3.53, the valuation of IVR can be described as very cheap.
Based on the Price/Earnings ratio, IVR is valued cheaper than 98.55% of the companies in the same industry.
IVR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.41.
With a Price/Forward Earnings ratio of 3.59, the valuation of IVR can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IVR indicates a rather cheap valuation: IVR is cheaper than 97.10% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.40, IVR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.53 | ||
| Fwd PE | 3.59 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, IVR is valued cheaply inside the industry as 97.10% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.67 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as IVR's earnings are expected to decrease with -8.39% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.54%
EPS Next 3Y-8.39%
5. Dividend
5.1 Amount
IVR has a Yearly Dividend Yield of 16.73%, which is a nice return.
IVR's Dividend Yield is rather good when compared to the industry average which is at 13.00. IVR pays more dividend than 88.41% of the companies in the same industry.
IVR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.73% |
5.2 History
The dividend of IVR decreases each year by -36.18%.
IVR has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-36.18%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
317.17% of the earnings are spent on dividend by IVR. This is not a sustainable payout ratio.
The Dividend Rate of IVR has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP317.17%
EPS Next 2Y-11.54%
EPS Next 3Y-8.39%
8.23
+0.04 (+0.49%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners47.27%
Inst Owner Change15.54%
Ins Owners0.38%
Ins Owner Change-0.38%
Market Cap583.92M
Revenue(TTM)293.50M
Net Income(TTM)34.46M
Analysts48.33
Price Target7.52 (-8.63%)
Short Float %8.98%
Short Ratio3.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.73% |
Yearly Dividend1.91
Dividend Growth(5Y)-36.18%
DP317.17%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.41%
Min EPS beat(2)-0.99%
Max EPS beat(2)0.16%
EPS beat(4)2
Avg EPS beat(4)-4.19%
Min EPS beat(4)-26.44%
Max EPS beat(4)10.52%
EPS beat(8)2
Avg EPS beat(8)-11.24%
EPS beat(12)6
Avg EPS beat(12)7.94%
EPS beat(16)10
Avg EPS beat(16)14.9%
Revenue beat(2)1
Avg Revenue beat(2)-1.7%
Min Revenue beat(2)-7.24%
Max Revenue beat(2)3.83%
Revenue beat(4)1
Avg Revenue beat(4)-2.94%
Min Revenue beat(4)-7.24%
Max Revenue beat(4)3.83%
Revenue beat(8)4
Avg Revenue beat(8)11.93%
Revenue beat(12)5
Avg Revenue beat(12)9.31%
Revenue beat(16)9
Avg Revenue beat(16)8.95%
PT rev (1m)-6.84%
PT rev (3m)-5.85%
EPS NQ rev (1m)6.59%
EPS NQ rev (3m)6.59%
EPS NY rev (1m)2.27%
EPS NY rev (3m)2.34%
Revenue NQ rev (1m)2.51%
Revenue NQ rev (3m)1.03%
Revenue NY rev (1m)-1.76%
Revenue NY rev (3m)-3.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.53 | ||
| Fwd PE | 3.59 | ||
| P/S | 1.99 | ||
| P/FCF | 3.67 | ||
| P/OCF | 3.67 | ||
| P/B | 0.76 | ||
| P/tB | 0.76 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.33
EY28.31%
EPS(NY)2.29
Fwd EY27.86%
FCF(TTM)2.24
FCFY27.25%
OCF(TTM)2.24
OCFY27.25%
SpS4.14
BVpS10.85
TBVpS10.85
PEG (NY)N/A
PEG (5Y)N/A
Graham Number23.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.58% | ||
| ROE | 4.48% | ||
| ROCE | 6.37% | ||
| ROIC | 0.65% | ||
| ROICexc | 0.66% | ||
| ROICexgc | 0.66% | ||
| OM | 16.72% | ||
| PM (TTM) | 11.74% | ||
| GM | 19.14% | ||
| FCFM | 54.22% |
ROA(3y)-2.76%
ROA(5y)-5.95%
ROE(3y)-17.3%
ROE(5y)-37.42%
ROIC(3y)0.85%
ROIC(5y)1.09%
ROICexc(3y)0.87%
ROICexc(5y)1.12%
ROICexgc(3y)0.87%
ROICexgc(5y)1.12%
ROCE(3y)6.95%
ROCE(5y)8.64%
ROICexgc growth 3Y-44.52%
ROICexgc growth 5Y-23.28%
ROICexc growth 3Y-44.54%
ROICexc growth 5Y-23.2%
OM growth 3Y-57.18%
OM growth 5Y-28.55%
PM growth 3YN/A
PM growth 5Y-21.64%
GM growth 3Y-52.9%
GM growth 5Y-24.03%
F-Score8
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.69 | ||
| Debt/FCF | 32.36 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.22 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 461.81% | ||
| Current Ratio | 0.02 | ||
| Quick Ratio | 0.02 | ||
| Altman-Z | -1.73 |
F-Score8
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)-30.45%
EPS 3Y-10.6%
EPS 5Y-29.23%
EPS Q2Q%-14.71%
EPS Next Y-16.1%
EPS Next 2Y-11.54%
EPS Next 3Y-8.39%
EPS Next 5YN/A
Revenue 1Y (TTM)7.34%
Revenue growth 3Y14.44%
Revenue growth 5Y-18.12%
Sales Q2Q%-34.69%
Revenue Next Year-0.61%
Revenue Next 2Y1.84%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y293.73%
EBIT growth 3Y-50.99%
EBIT growth 5Y-41.49%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-42.22%
FCF growth 3Y6.34%
FCF growth 5Y-11.81%
OCF growth 1Y-42.22%
OCF growth 3Y6.34%
OCF growth 5Y-11.81%
INVESCO MORTGAGE CAPITAL / IVR FAQ
What is the fundamental rating for IVR stock?
ChartMill assigns a fundamental rating of 4 / 10 to IVR.
What is the valuation status of INVESCO MORTGAGE CAPITAL (IVR) stock?
ChartMill assigns a valuation rating of 6 / 10 to INVESCO MORTGAGE CAPITAL (IVR). This can be considered as Fairly Valued.
What is the profitability of IVR stock?
INVESCO MORTGAGE CAPITAL (IVR) has a profitability rating of 4 / 10.
What is the valuation of INVESCO MORTGAGE CAPITAL based on its PE and PB ratios?
The Price/Earnings (PE) ratio for INVESCO MORTGAGE CAPITAL (IVR) is 3.53 and the Price/Book (PB) ratio is 0.76.
Can you provide the expected EPS growth for IVR stock?
The Earnings per Share (EPS) of INVESCO MORTGAGE CAPITAL (IVR) is expected to decline by -16.1% in the next year.