TPG MORTGAGE INVESTMENT TRUS (MITT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MITT - US0012285013 - REIT
8.79 USD
+0.13 (+1.5%)
8.79 USD
0 (0%)
MITT gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. MITT has a bad profitability rating. Also its financial health evaluation is rather negative. MITT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
MITT had positive earnings in the past year.
MITT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: MITT reported negative net income in multiple years.
MITT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MITT has a Return On Assets of 0.31%. This is comparable to the rest of the industry: MITT outperforms 48.53% of its industry peers.
MITT has a better Return On Equity (5.04%) than 67.65% of its industry peers.
MITT's Return On Invested Capital of 0.35% is in line compared to the rest of the industry. MITT outperforms 44.12% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MITT is in line with the industry average of 1.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.31% | ||
| ROE | 5.04% | ||
| ROIC | 0.35% |
ROA(3y)-0.18%
ROA(5y)-5.75%
ROE(3y)-0.68%
ROE(5y)-18.43%
ROIC(3y)0.43%
ROIC(5y)0.52%
1.3 Margins
MITT has a Profit Margin (6.27%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of MITT has declined.
MITT has a Operating Margin (8.68%) which is comparable to the rest of the industry.
MITT's Operating Margin has declined in the last couple of years.
The Gross Margin of MITT (12.40%) is worse than 80.88% of its industry peers.
MITT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.68% | ||
| PM (TTM) | 6.27% | ||
| GM | 12.4% |
OM growth 3Y-33.53%
OM growth 5Y-22.66%
PM growth 3Y-58.15%
PM growth 5Y-27.59%
GM growth 3Y-35.88%
GM growth 5Y-21.14%
2. Health
2.1 Basic Checks
Compared to 1 year ago, MITT has more shares outstanding
The number of shares outstanding for MITT has been increased compared to 5 years ago.
MITT has a worse debt/assets ratio than last year.
2.2 Solvency
MITT has an Altman-Z score of -0.10. This is a bad value and indicates that MITT is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of MITT (-0.10) is comparable to the rest of the industry.
MITT has a debt to FCF ratio of 147.88. This is a negative value and a sign of low solvency as MITT would need 147.88 years to pay back of all of its debts.
With a Debt to FCF ratio value of 147.88, MITT perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
A Debt/Equity ratio of 14.94 is on the high side and indicates that MITT has dependencies on debt financing.
MITT has a Debt to Equity ratio of 14.94. This is amonst the worse of the industry: MITT underperforms 91.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 14.94 | ||
| Debt/FCF | 147.88 | ||
| Altman-Z | -0.1 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.12 indicates that MITT may have some problems paying its short term obligations.
The Current ratio of MITT (0.12) is comparable to the rest of the industry.
MITT has a Quick Ratio of 0.12. This is a bad value and indicates that MITT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of MITT (0.12) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.12 | ||
| Quick Ratio | 0.12 |
3. Growth
3.1 Past
MITT shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.13%.
The earnings per share for MITT have been decreasing by -25.19% on average. This is quite bad
Looking at the last year, MITT shows a quite strong growth in Revenue. The Revenue has grown by 18.40% in the last year.
Measured over the past years, MITT shows a quite strong growth in Revenue. The Revenue has been growing by 18.93% on average per year.
EPS 1Y (TTM)-3.13%
EPS 3Y-39.77%
EPS 5Y-25.19%
EPS Q2Q%17.5%
Revenue 1Y (TTM)18.4%
Revenue growth 3Y79.44%
Revenue growth 5Y18.93%
Sales Q2Q%30.31%
3.2 Future
The Earnings Per Share is expected to grow by 0.39% on average over the next years.
Based on estimates for the next years, MITT will show a quite strong growth in Revenue. The Revenue will grow by 12.34% on average per year.
EPS Next Y-35.94%
EPS Next 2Y-9.62%
EPS Next 3Y0.39%
EPS Next 5YN/A
Revenue Next Year13.45%
Revenue Next 2Y15.05%
Revenue Next 3Y12.34%
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 estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.45, which indicates a very decent valuation of MITT.
72.06% of the companies in the same industry are more expensive than MITT, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.19, MITT is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.75, the valuation of MITT can be described as very reasonable.
Based on the Price/Forward Earnings ratio, MITT is valued a bit cheaper than the industry average as 64.71% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of MITT to the average of the S&P500 Index (23.88), we can say MITT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.45 | ||
| Fwd PE | 8.75 |
4.2 Price Multiples
MITT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MITT is cheaper than 92.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.93 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-9.62%
EPS Next 3Y0.39%
5. Dividend
5.1 Amount
MITT has a Yearly Dividend Yield of 9.98%, which is a nice return.
MITT's Dividend Yield is slightly below the industry average, which is at 11.16.
MITT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.98% |
5.2 History
The dividend of MITT decreases each year by -30.15%.
MITT has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-30.15%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
158.93% of the earnings are spent on dividend by MITT. This is not a sustainable payout ratio.
DP158.93%
EPS Next 2Y-9.62%
EPS Next 3Y0.39%
8.79
+0.13 (+1.5%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners37.06%
Inst Owner Change0%
Ins Owners2.96%
Ins Owner Change0.64%
Market Cap278.99M
Revenue(TTM)450.36M
Net Income(TTM)28.23M
Analysts78.33
Price Target8.98 (2.16%)
Short Float %1.29%
Short Ratio2.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.98% |
Yearly Dividend1.26
Dividend Growth(5Y)-30.15%
DP158.93%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.41%
Min EPS beat(2)-121.95%
Max EPS beat(2)124.77%
EPS beat(4)3
Avg EPS beat(4)23.36%
Min EPS beat(4)-121.95%
Max EPS beat(4)124.77%
EPS beat(8)5
Avg EPS beat(8)36.97%
EPS beat(12)8
Avg EPS beat(12)13.09%
EPS beat(16)9
Avg EPS beat(16)-443.57%
Revenue beat(2)0
Avg Revenue beat(2)-12.25%
Min Revenue beat(2)-16.34%
Max Revenue beat(2)-8.16%
Revenue beat(4)0
Avg Revenue beat(4)-8.85%
Min Revenue beat(4)-16.34%
Max Revenue beat(4)-3.31%
Revenue beat(8)1
Avg Revenue beat(8)-6%
Revenue beat(12)2
Avg Revenue beat(12)9.42%
Revenue beat(16)6
Avg Revenue beat(16)28.98%
PT rev (1m)1.15%
PT rev (3m)3.53%
EPS NQ rev (1m)3.53%
EPS NQ rev (3m)5.77%
EPS NY rev (1m)0%
EPS NY rev (3m)12.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.45 | ||
| Fwd PE | 8.75 | ||
| P/S | 0.62 | ||
| P/FCF | 4.93 | ||
| P/OCF | 4.93 | ||
| P/B | 0.5 | ||
| P/tB | 0.5 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.93
EY10.58%
EPS(NY)1
Fwd EY11.43%
FCF(TTM)1.78
FCFY20.27%
OCF(TTM)1.78
OCFY20.27%
SpS14.19
BVpS17.64
TBVpS17.64
PEG (NY)N/A
PEG (5Y)N/A
Graham Number19.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.31% | ||
| ROE | 5.04% | ||
| ROCE | 0.48% | ||
| ROIC | 0.35% | ||
| ROICexc | 0.35% | ||
| ROICexgc | 0.35% | ||
| OM | 8.68% | ||
| PM (TTM) | 6.27% | ||
| GM | 12.4% | ||
| FCFM | 12.56% |
ROA(3y)-0.18%
ROA(5y)-5.75%
ROE(3y)-0.68%
ROE(5y)-18.43%
ROIC(3y)0.43%
ROIC(5y)0.52%
ROICexc(3y)0.44%
ROICexc(5y)0.54%
ROICexgc(3y)0.44%
ROICexgc(5y)0.54%
ROCE(3y)0.62%
ROCE(5y)0.94%
ROICexgc growth 3Y-6.27%
ROICexgc growth 5Y-16.26%
ROICexc growth 3Y-6.26%
ROICexc growth 5Y-16.25%
OM growth 3Y-33.53%
OM growth 5Y-22.66%
PM growth 3Y-58.15%
PM growth 5Y-27.59%
GM growth 3Y-35.88%
GM growth 5Y-21.14%
F-Score3
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 14.94 | ||
| Debt/FCF | 147.88 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.11 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 200.31% | ||
| Current Ratio | 0.12 | ||
| Quick Ratio | 0.12 | ||
| Altman-Z | -0.1 |
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)-3.13%
EPS 3Y-39.77%
EPS 5Y-25.19%
EPS Q2Q%17.5%
EPS Next Y-35.94%
EPS Next 2Y-9.62%
EPS Next 3Y0.39%
EPS Next 5YN/A
Revenue 1Y (TTM)18.4%
Revenue growth 3Y79.44%
Revenue growth 5Y18.93%
Sales Q2Q%30.31%
Revenue Next Year13.45%
Revenue Next 2Y15.05%
Revenue Next 3Y12.34%
Revenue Next 5YN/A
EBIT growth 1Y25.27%
EBIT growth 3Y19.27%
EBIT growth 5Y-8.02%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y137.6%
FCF growth 3Y28.53%
FCF growth 5Y-3.05%
OCF growth 1Y137.6%
OCF growth 3Y28.53%
OCF growth 5Y-3.05%
TPG MORTGAGE INVESTMENT TRUS / MITT FAQ
What is the fundamental rating for MITT stock?
ChartMill assigns a fundamental rating of 3 / 10 to MITT.
What is the valuation status of TPG MORTGAGE INVESTMENT TRUS (MITT) stock?
ChartMill assigns a valuation rating of 5 / 10 to TPG MORTGAGE INVESTMENT TRUS (MITT). This can be considered as Fairly Valued.
Can you provide the profitability details for TPG MORTGAGE INVESTMENT TRUS?
TPG MORTGAGE INVESTMENT TRUS (MITT) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for MITT stock?
The Price/Earnings (PE) ratio for TPG MORTGAGE INVESTMENT TRUS (MITT) is 9.45 and the Price/Book (PB) ratio is 0.5.
Can you provide the financial health for MITT stock?
The financial health rating of TPG MORTGAGE INVESTMENT TRUS (MITT) is 1 / 10.