AG MORTGAGE INVESTMENT TRUST (MITT) Stock Fundamental Analysis
NYSE:MITT - US0012285013 - REIT
7.56 USD
+0.07 (+0.93%)
7.56 USD
0 (0%)
Taking everything into account, MITT scores 4 out of 10 in our fundamental rating. MITT was compared to 67 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. MITT has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
The reported net income has been mixed in the past 5 years: MITT reported negative net income in multiple years.
In the past 5 years MITT always reported a positive cash flow from operatings.
1.2 Ratios
MITT's Return On Assets of 0.34% is fine compared to the rest of the industry. MITT outperforms 61.19% of its industry peers.
MITT has a Return On Equity of 4.76%. This is in the better half of the industry: MITT outperforms 76.12% of its industry peers.
MITT has a Return On Invested Capital (0.38%) which is in line with its industry peers.
MITT had an Average Return On Invested Capital over the past 3 years of 0.43%. This is in line with the industry average of 1.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.34% | ||
| ROE | 4.76% | ||
| ROIC | 0.38% |
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 (5.90%) which is in line with its industry peers.
In the last couple of years the Profit Margin of MITT has declined.
MITT has a Operating Margin (8.29%) which is in line with its industry peers.
In the last couple of years the Operating Margin of MITT has declined.
Looking at the Gross Margin, with a value of 12.15%, MITT is doing worse than 71.64% of the companies in the same industry.
In the last couple of years the Gross Margin of MITT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.29% | ||
| PM (TTM) | 5.9% | ||
| GM | 12.15% |
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.
The debt/assets ratio for MITT is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.12, 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 -0.12, MITT is in line with its industry, outperforming 47.76% of the companies in the same industry.
MITT has a debt to FCF ratio of 128.19. This is a negative value and a sign of low solvency as MITT would need 128.19 years to pay back of all of its debts.
MITT's Debt to FCF ratio of 128.19 is in line compared to the rest of the industry. MITT outperforms 56.72% of its industry peers.
MITT has a Debt/Equity ratio of 12.82. This is a high value indicating a heavy dependency on external financing.
MITT has a Debt to Equity ratio of 12.82. This is amonst the worse of the industry: MITT underperforms 91.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.82 | ||
| Debt/FCF | 128.19 | ||
| Altman-Z | -0.12 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
MITT has a Current Ratio of 0.15. 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 Current ratio of 0.15 is in line compared to the rest of the industry. MITT outperforms 49.25% of its industry peers.
A Quick Ratio of 0.15 indicates that MITT may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.15, MITT is in line with its industry, outperforming 49.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 273.91% over the past year.
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.
The Revenue has grown by 28.47% in the past year. This is a very strong growth!
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)273.91%
EPS 3Y-39.77%
EPS 5Y-25.19%
EPS Q2Q%-150%
Revenue 1Y (TTM)28.47%
Revenue growth 3Y79.44%
Revenue growth 5Y18.93%
Sales Q2Q%8.37%
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 0.25% on average per year.
The Revenue is expected to grow by 10.75% on average over the next years. This is quite good.
EPS Next Y-43.82%
EPS Next 2Y-12.54%
EPS Next 3Y0.25%
EPS Next 5YN/A
Revenue Next Year15.8%
Revenue Next 2Y14.92%
Revenue Next 3Y10.75%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.79, which indicates a very decent valuation of MITT.
77.61% of the companies in the same industry are more expensive than MITT, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of MITT to the average of the S&P500 Index (27.13), we can say MITT is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.03, 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 71.64% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.76. MITT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.79 | ||
| Fwd PE | 8.03 |
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 94.03% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.47 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.54%
EPS Next 3Y0.25%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.55%, MITT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 11.93, MITT is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.32, MITT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.55% |
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 170.19% of its income as dividend. This is not a sustainable payout ratio.
DP170.19%
EPS Next 2Y-12.54%
EPS Next 3Y0.25%
7.56
+0.07 (+0.93%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners36.27%
Inst Owner Change-5.2%
Ins Owners3.14%
Ins Owner Change1.41%
Market Cap239.88M
Analysts78.33
Price Target8.62 (14.02%)
Short Float %1.89%
Short Ratio2.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.55% |
Yearly Dividend1.26
Dividend Growth(5Y)-30.15%
DP170.19%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-50.9%
Min EPS beat(2)-122.91%
Max EPS beat(2)21.11%
EPS beat(4)3
Avg EPS beat(4)29.9%
Min EPS beat(4)-122.91%
Max EPS beat(4)142.07%
EPS beat(8)4
Avg EPS beat(8)-37.6%
EPS beat(12)7
Avg EPS beat(12)-333.89%
EPS beat(16)9
Avg EPS beat(16)-380.29%
Revenue beat(2)0
Avg Revenue beat(2)-9.82%
Min Revenue beat(2)-16.34%
Max Revenue beat(2)-3.31%
Revenue beat(4)0
Avg Revenue beat(4)-9.66%
Min Revenue beat(4)-16.34%
Max Revenue beat(4)-3.31%
Revenue beat(8)1
Avg Revenue beat(8)-6.39%
Revenue beat(12)3
Avg Revenue beat(12)24.77%
Revenue beat(16)7
Avg Revenue beat(16)30.8%
PT rev (1m)-1.17%
PT rev (3m)2.42%
EPS NQ rev (1m)-15.56%
EPS NQ rev (3m)-19.15%
EPS NY rev (1m)-22.84%
EPS NY rev (3m)-25.55%
Revenue NQ rev (1m)-2.78%
Revenue NQ rev (3m)-2.21%
Revenue NY rev (1m)-3.94%
Revenue NY rev (3m)1.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.79 | ||
| Fwd PE | 8.03 | ||
| P/S | 0.55 | ||
| P/FCF | 4.47 | ||
| P/OCF | 4.47 | ||
| P/B | 0.45 | ||
| P/tB | 0.45 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.86
EY11.38%
EPS(NY)0.94
Fwd EY12.45%
FCF(TTM)1.69
FCFY22.37%
OCF(TTM)1.69
OCFY22.37%
SpS13.65
BVpS16.91
TBVpS16.91
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.34% | ||
| ROE | 4.76% | ||
| ROCE | 0.55% | ||
| ROIC | 0.38% | ||
| ROICexc | 0.39% | ||
| ROICexgc | 0.39% | ||
| OM | 8.29% | ||
| PM (TTM) | 5.9% | ||
| GM | 12.15% | ||
| FCFM | 12.39% |
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%
ROICexcg growth 3Y-6.27%
ROICexcg 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-Score5
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.82 | ||
| Debt/FCF | 128.19 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.11 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 210.08% | ||
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 | ||
| Altman-Z | -0.12 |
F-Score5
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)273.91%
EPS 3Y-39.77%
EPS 5Y-25.19%
EPS Q2Q%-150%
EPS Next Y-43.82%
EPS Next 2Y-12.54%
EPS Next 3Y0.25%
EPS Next 5YN/A
Revenue 1Y (TTM)28.47%
Revenue growth 3Y79.44%
Revenue growth 5Y18.93%
Sales Q2Q%8.37%
Revenue Next Year15.8%
Revenue Next 2Y14.92%
Revenue Next 3Y10.75%
Revenue Next 5YN/A
EBIT growth 1Y24.84%
EBIT growth 3Y19.27%
EBIT growth 5Y-8.02%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y117.21%
FCF growth 3Y28.53%
FCF growth 5Y-3.05%
OCF growth 1Y117.21%
OCF growth 3Y28.53%
OCF growth 5Y-3.05%