AG MORTGAGE INVESTMENT TRUST (MITT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MITT - US0012285013 - REIT
8.41 USD
+0.02 (+0.24%)
8.41 USD
0 (0%)
Overall MITT gets a fundamental rating of 3 out of 10. We evaluated MITT against 69 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year MITT was profitable.
MITT had a positive operating cash flow in the past year.
In multiple years MITT reported negative net income over the last 5 years.
MITT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.31%, MITT perfoms like the industry average, outperforming 47.83% of the companies in the same industry.
With a decent Return On Equity value of 5.04%, MITT is doing good in the industry, outperforming 66.67% of the companies in the same industry.
MITT has a Return On Invested Capital (0.35%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MITT is in line with the industry average of 1.30%.
| 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
Looking at the Profit Margin, with a value of 6.27%, MITT is in line with its industry, outperforming 49.28% of the companies in the same industry.
In the last couple of years the Profit Margin of MITT has declined.
Looking at the Operating Margin, with a value of 8.68%, MITT is in line with its industry, outperforming 44.93% of the companies in the same industry.
MITT's Operating Margin has declined in the last couple of years.
MITT has a worse Gross Margin (12.40%) than 81.16% 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
The number of shares outstanding for MITT has been increased compared to 1 year ago.
The number of shares outstanding for MITT has been increased compared to 5 years ago.
Compared to 1 year ago, MITT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -0.10, we must say that MITT is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.10, MITT is in line with its industry, outperforming 47.83% of the companies in the same 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.
MITT's Debt to FCF ratio of 147.88 is in line compared to the rest of the industry. MITT outperforms 52.17% of its industry peers.
MITT has a Debt/Equity ratio of 14.94. This is a high value indicating a heavy dependency on external financing.
MITT has a worse Debt to Equity ratio (14.94) than 91.30% 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.
MITT has a Current ratio of 0.12. This is comparable to the rest of the industry: MITT outperforms 44.93% of its industry peers.
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.
MITT's Quick ratio of 0.12 is in line compared to the rest of the industry. MITT outperforms 44.93% of its industry peers.
| 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%.
Measured over the past years, MITT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -25.19% on average per year.
Looking at the last year, MITT shows a quite strong growth in Revenue. The Revenue has grown by 18.40% in the last year.
MITT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.93% yearly.
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
Based on estimates for the next years, MITT will show a small growth in Earnings Per Share. The EPS will grow by 0.39% on average per year.
MITT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.34% yearly.
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 9.04, which indicates a very decent valuation of MITT.
MITT's Price/Earnings ratio is a bit cheaper when compared to the industry. MITT is cheaper than 72.46% of the companies in the same industry.
MITT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.76.
Based on the Price/Forward Earnings ratio of 8.37, the valuation of MITT can be described as reasonable.
Based on the Price/Forward Earnings ratio, MITT is valued a bit cheaper than 63.77% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MITT to the average of the S&P500 Index (23.96), we can say MITT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.04 | ||
| Fwd PE | 8.37 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MITT indicates a rather cheap valuation: MITT is cheaper than 94.20% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.72 | ||
| 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
With a Yearly Dividend Yield of 9.81%, MITT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 12.09, MITT is paying slightly less dividend.
MITT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.81% |
5.2 History
The dividend of MITT decreases each year by -30.15%.
MITT has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-30.15%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
MITT pays out 158.93% of its income as dividend. This is not a sustainable payout ratio.
DP158.93%
EPS Next 2Y-9.62%
EPS Next 3Y0.39%
8.41
+0.02 (+0.24%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners37.17%
Inst Owner Change14.06%
Ins Owners2.96%
Ins Owner Change1.25%
Market Cap266.93M
Revenue(TTM)450.36M
Net Income(TTM)28.23M
Analysts78.33
Price Target8.87 (5.47%)
Short Float %1.49%
Short Ratio2.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.81% |
Yearly Dividend1.26
Dividend Growth(5Y)-30.15%
DP158.93%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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)2.35%
PT rev (3m)2.96%
EPS NQ rev (1m)-3.41%
EPS NQ rev (3m)2.16%
EPS NY rev (1m)12.23%
EPS NY rev (3m)14.02%
Revenue NQ rev (1m)1.14%
Revenue NQ rev (3m)1.46%
Revenue NY rev (1m)-0.61%
Revenue NY rev (3m)-2.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.04 | ||
| Fwd PE | 8.37 | ||
| P/S | 0.59 | ||
| P/FCF | 4.72 | ||
| P/OCF | 4.72 | ||
| P/B | 0.48 | ||
| P/tB | 0.48 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.93
EY11.06%
EPS(NY)1
Fwd EY11.95%
FCF(TTM)1.78
FCFY21.18%
OCF(TTM)1.78
OCFY21.18%
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%
AG MORTGAGE INVESTMENT TRUST / MITT FAQ
What is the ChartMill fundamental rating of AG MORTGAGE INVESTMENT TRUST (MITT) stock?
ChartMill assigns a fundamental rating of 3 / 10 to MITT.
What is the valuation status for MITT stock?
ChartMill assigns a valuation rating of 5 / 10 to AG MORTGAGE INVESTMENT TRUST (MITT). This can be considered as Fairly Valued.
What is the profitability of MITT stock?
AG MORTGAGE INVESTMENT TRUST (MITT) has a profitability rating of 3 / 10.
What is the expected EPS growth for AG MORTGAGE INVESTMENT TRUST (MITT) stock?
The Earnings per Share (EPS) of AG MORTGAGE INVESTMENT TRUST (MITT) is expected to decline by -35.94% in the next year.
Can you provide the dividend sustainability for MITT stock?
The dividend rating of AG MORTGAGE INVESTMENT TRUST (MITT) is 4 / 10 and the dividend payout ratio is 158.93%.