NEW YORK MORTGAGE TRUST INC (NYMT)
US6496048405 - REIT
NYMT gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 64 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. NYMT may be in some trouble as it scores bad on both profitability and health. NYMT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NYMT has reported negative net income.
NYMT had a positive operating cash flow in the past year.
In multiple years NYMT reported negative net income over the last 5 years.
NYMT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of NYMT (-1.22%) is worse than 81.25% of its industry peers.
NYMT has a Return On Equity of -5.70%. This is in the lower half of the industry: NYMT underperforms 75.00% of its industry peers.
NYMT has a Return On Invested Capital (0.25%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.22% | ||
| ROE | -5.7% | ||
| ROIC | 0.25% |
ROA(3y)-1.38%
ROA(5y)-2.12%
ROE(3y)-6.27%
ROE(5y)-5.32%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NYMT's Operating Margin of 4.74% is on the low side compared to the rest of the industry. NYMT is outperformed by 70.31% of its industry peers.
NYMT's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 42.62%, NYMT is in the better half of the industry, outperforming 70.31% of the companies in the same industry.
NYMT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.74% | ||
| PM (TTM) | N/A | ||
| GM | 42.62% |
OM growth 3YN/A
OM growth 5Y-24.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y9.64%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NYMT is destroying value.
Compared to 1 year ago, NYMT has less shares outstanding
Compared to 5 years ago, NYMT has less shares outstanding
The debt/assets ratio for NYMT is higher compared to a year ago.
2.2 Solvency
NYMT has an Altman-Z score of -0.46. This is a bad value and indicates that NYMT is not financially healthy and even has some risk of bankruptcy.
NYMT has a worse Altman-Z score (-0.46) than 73.44% of its industry peers.
A Debt/Equity ratio of 3.34 is on the high side and indicates that NYMT has dependencies on debt financing.
The Debt to Equity ratio of NYMT (3.34) is better than 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.34 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.46 |
ROIC/WACC0.04
WACC6.07%
2.3 Liquidity
A Current Ratio of 0.12 indicates that NYMT may have some problems paying its short term obligations.
With a Current ratio value of 0.12, NYMT perfoms like the industry average, outperforming 40.63% of the companies in the same industry.
NYMT has a Quick Ratio of 0.12. 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 has a Quick ratio (0.12) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.12 | ||
| Quick Ratio | 0.12 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 72.50% over the past year.
NYMT shows a strong growth in Revenue. In the last year, the Revenue has grown by 296.03%.
The Revenue has been decreasing by -1.20% on average over the past years.
EPS 1Y (TTM)72.5%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q167.31%
Revenue 1Y (TTM)296.03%
Revenue growth 3Y222.43%
Revenue growth 5Y-1.2%
Revenue growth Q2Q181.6%
3.2 Future
The Earnings Per Share is expected to grow by 71.39% 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 37.96% yearly.
EPS Next Y165.25%
EPS Next 2Y71.39%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year55.75%
Revenue Next 2Y37.96%
Revenue Next 3YN/A
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
The Price/Earnings Ratio is negative for NYMT. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 10.87, the valuation of NYMT can be described as reasonable.
NYMT's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 20.92. NYMT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.87 |
4.2 Price Multiples
NYMT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NYMT is cheaper than 82.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 67.49 |
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.
NYMT's earnings are expected to grow with 71.39% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y71.39%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.48%, NYMT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 13.15, NYMT is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.39, NYMT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.48% |
5.2 History
The dividend of NYMT is nicely growing with an annual growth rate of 15.63%!
NYMT has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)15.63%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NYMT has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of NYMT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-189.59%
EPS Next 2Y71.39%
EPS Next 3YN/A
NEW YORK MORTGAGE TRUST INC
NASDAQ:NYMT (5/1/2024, 7:13:50 PM)
After market: 6.75 -0.27 (-3.85%)7.02
+0.17 (+2.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap640.43M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.48% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.87 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.22% | ||
| ROE | -5.7% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 4.74% | ||
| PM (TTM) | N/A | ||
| GM | 42.62% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.34 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.12 | ||
| Quick Ratio | 0.12 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)72.5%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y165.25%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)296.03%
Revenue growth 3Y222.43%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y