NEW YORK MORTGAGE TRUST INC (NYMT) Stock Fundamental Analysis
NASDAQ:NYMT - US6496048405 - REIT
7.06 USD
-0.04 (-0.56%)
7.06 USD
0 (0%)
Taking everything into account, NYMT scores 4 out of 10 in our fundamental rating. NYMT was compared to 67 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. Both the profitability and financial health of NYMT have multiple concerns. NYMT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
NYMT had positive earnings in the past year.
NYMT had a positive operating cash flow in the past year.
In the past 5 years NYMT reported 4 times negative net income.
NYMT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.16%, NYMT perfoms like the industry average, outperforming 46.27% of the companies in the same industry.
NYMT's Return On Equity of 1.26% is in line compared to the rest of the industry. NYMT outperforms 46.27% of its industry peers.
NYMT has a Return On Invested Capital (0.29%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.16% | ||
| ROE | 1.26% | ||
| ROIC | 0.29% |
ROA(3y)-2.6%
ROA(5y)-2.47%
ROE(3y)-10.8%
ROE(5y)-8.12%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NYMT has a Profit Margin (2.78%) which is comparable to the rest of the industry.
NYMT has a Operating Margin of 6.09%. This is comparable to the rest of the industry: NYMT outperforms 41.79% of its industry peers.
With a decent Gross Margin value of 31.90%, NYMT is doing good in the industry, outperforming 70.15% of the companies in the same industry.
In the last couple of years the Gross Margin of NYMT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.09% | ||
| PM (TTM) | 2.78% | ||
| GM | 31.9% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-30.68%
GM growth 5Y-1.48%
2. Health
2.1 Basic Checks
NYMT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
NYMT has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for NYMT has been reduced compared to 5 years ago.
Compared to 1 year ago, NYMT has a worse debt to assets ratio.
2.2 Solvency
NYMT has an Altman-Z score of -0.61. This is a bad value and indicates that NYMT is not financially healthy and even has some risk of bankruptcy.
NYMT's Altman-Z score of -0.61 is on the low side compared to the rest of the industry. NYMT is outperformed by 73.13% of its industry peers.
The Debt to FCF ratio of NYMT is 136.55, which is on the high side as it means it would take NYMT, 136.55 years of fcf income to pay off all of its debts.
NYMT has a Debt to FCF ratio (136.55) which is comparable to the rest of the industry.
NYMT has a Debt/Equity ratio of 6.46. This is a high value indicating a heavy dependency on external financing.
NYMT has a Debt to Equity ratio of 6.46. This is comparable to the rest of the industry: NYMT outperforms 41.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.46 | ||
| Debt/FCF | 136.55 | ||
| Altman-Z | -0.61 |
ROIC/WACC0.05
WACC5.29%
2.3 Liquidity
A Current Ratio of 0.06 indicates that NYMT may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.06, NYMT is doing worse than 64.18% of the companies in the same industry.
NYMT has a Quick Ratio of 0.06. This is a bad value and indicates that NYMT is not financially healthy enough and could expect problems in meeting its short term obligations.
NYMT's Quick ratio of 0.06 is on the low side compared to the rest of the industry. NYMT is outperformed by 64.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.06 | ||
| Quick Ratio | 0.06 |
3. Growth
3.1 Past
NYMT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 112.10%, which is quite impressive.
Looking at the last year, NYMT shows a very strong growth in Revenue. The Revenue has grown by 24.19%.
The Revenue has been decreasing by -7.75% on average over the past years.
EPS 1Y (TTM)112.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%86.21%
Revenue 1Y (TTM)24.19%
Revenue growth 3Y11.51%
Revenue growth 5Y-7.75%
Sales Q2Q%91.38%
3.2 Future
The Earnings Per Share is expected to grow by 47.47% on average over the next years. This is a very strong growth
NYMT is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 37.91% yearly.
EPS Next Y171.3%
EPS Next 2Y71.75%
EPS Next 3Y47.47%
EPS Next 5YN/A
Revenue Next Year96.58%
Revenue Next 2Y55.37%
Revenue Next 3Y37.91%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 37.16, NYMT can be considered very expensive at the moment.
Based on the Price/Earnings ratio, NYMT is valued a bit more expensive than the industry average as 67.16% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of NYMT to the average of the S&P500 Index (27.17), we can say NYMT is valued slightly more expensively.
A Price/Forward Earnings ratio of 7.59 indicates a rather cheap valuation of NYMT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NYMT indicates a somewhat cheap valuation: NYMT is cheaper than 77.61% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.78. NYMT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.16 | ||
| Fwd PE | 7.59 |
4.2 Price Multiples
80.60% of the companies in the same industry are more expensive than NYMT, based on the Enterprise Value to EBITDA ratio.
NYMT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NYMT is cheaper than 71.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.76 | ||
| EV/EBITDA | 69.14 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as NYMT's earnings are expected to grow with 47.47% in the coming years.
PEG (NY)0.22
PEG (5Y)N/A
EPS Next 2Y71.75%
EPS Next 3Y47.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.59%, NYMT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 12.25, NYMT has a dividend in line with its industry peers.
NYMT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.59% |
5.2 History
The dividend of NYMT is nicely growing with an annual growth rate of 8.89%!
NYMT has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)8.89%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
667.71% of the earnings are spent on dividend by NYMT. This is not a sustainable payout ratio.
The dividend of NYMT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP667.71%
EPS Next 2Y71.75%
EPS Next 3Y47.47%
7.06
-0.04 (-0.56%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners57.82%
Inst Owner Change1.24%
Ins Owners7.09%
Ins Owner Change0.65%
Market Cap637.59M
Analysts75.38
Price Target7.91 (12.04%)
Short Float %3.16%
Short Ratio3.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.59% |
Yearly Dividend1.29
Dividend Growth(5Y)8.89%
DP667.71%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)70.74%
Min EPS beat(2)-117.99%
Max EPS beat(2)259.48%
EPS beat(4)2
Avg EPS beat(4)21.05%
Min EPS beat(4)-945.64%
Max EPS beat(4)888.35%
EPS beat(8)3
Avg EPS beat(8)-107.9%
EPS beat(12)4
Avg EPS beat(12)-574.51%
EPS beat(16)4
Avg EPS beat(16)-704.15%
Revenue beat(2)1
Avg Revenue beat(2)-0.85%
Min Revenue beat(2)-6.68%
Max Revenue beat(2)4.97%
Revenue beat(4)2
Avg Revenue beat(4)4.21%
Min Revenue beat(4)-7.56%
Max Revenue beat(4)26.08%
Revenue beat(8)2
Avg Revenue beat(8)-9.44%
Revenue beat(12)3
Avg Revenue beat(12)-2.13%
Revenue beat(16)6
Avg Revenue beat(16)10.98%
PT rev (1m)1.64%
PT rev (3m)8.14%
EPS NQ rev (1m)-11.41%
EPS NQ rev (3m)32.59%
EPS NY rev (1m)-34.29%
EPS NY rev (3m)-25.14%
Revenue NQ rev (1m)10.33%
Revenue NQ rev (3m)46.5%
Revenue NY rev (1m)2.65%
Revenue NY rev (3m)12.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.16 | ||
| Fwd PE | 7.59 | ||
| P/S | 1.02 | ||
| P/FCF | 9.76 | ||
| P/OCF | 6.84 | ||
| P/B | 0.46 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | 69.14 |
EPS(TTM)0.19
EY2.69%
EPS(NY)0.93
Fwd EY13.18%
FCF(TTM)0.72
FCFY10.24%
OCF(TTM)1.03
OCFY14.62%
SpS6.93
BVpS15.29
TBVpS15.29
PEG (NY)0.22
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.16% | ||
| ROE | 1.26% | ||
| ROCE | 0.69% | ||
| ROIC | 0.29% | ||
| ROICexc | 0.29% | ||
| ROICexgc | 0.29% | ||
| OM | 6.09% | ||
| PM (TTM) | 2.78% | ||
| GM | 31.9% | ||
| FCFM | 10.44% |
ROA(3y)-2.6%
ROA(5y)-2.47%
ROE(3y)-10.8%
ROE(5y)-8.12%
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-30.68%
GM growth 5Y-1.48%
F-Score5
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.46 | ||
| Debt/FCF | 136.55 | ||
| Debt/EBITDA | 137.29 | ||
| Cap/Depr | 104.07% | ||
| Cap/Sales | 4.46% | ||
| Interest Coverage | 0.1 | ||
| Cash Conversion | 143.54% | ||
| Profit Quality | 375.74% | ||
| Current Ratio | 0.06 | ||
| Quick Ratio | 0.06 | ||
| Altman-Z | -0.61 |
F-Score5
WACC5.29%
ROIC/WACC0.05
Cap/Depr(3y)153.69%
Cap/Depr(5y)N/A
Cap/Sales(3y)61.91%
Cap/Sales(5y)40.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)112.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%86.21%
EPS Next Y171.3%
EPS Next 2Y71.75%
EPS Next 3Y47.47%
EPS Next 5YN/A
Revenue 1Y (TTM)24.19%
Revenue growth 3Y11.51%
Revenue growth 5Y-7.75%
Sales Q2Q%91.38%
Revenue Next Year96.58%
Revenue Next 2Y55.37%
Revenue Next 3Y37.91%
Revenue Next 5YN/A
EBIT growth 1Y211.43%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y197.8%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y4384.46%
OCF growth 3Y-53.38%
OCF growth 5Y-16.71%