NEW YORK MORTGAGE TRUST INC (NYMT) Stock Fundamental Analysis
USA - NASDAQ:NYMT - US6496048405 - REIT
7.11 USD
-0.11 (-1.52%)
7.0625 USD
-0.05 (-0.67%)
We assign a fundamental rating of 4 out of 10 to NYMT. NYMT was compared to 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. Both the profitability and financial health of NYMT have multiple concerns. NYMT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
NYMT had positive earnings in the past year.
In the past year NYMT had a positive cash flow from operations.
NYMT had negative earnings in 4 of the past 5 years.
In the past 5 years NYMT always reported a positive cash flow from operatings.
1.2 Ratios
NYMT has a Return On Assets (0.16%) which is comparable to the rest of the industry.
NYMT has a Return On Equity of 1.26%. This is comparable to the rest of the industry: NYMT outperforms 47.76% of its industry peers.
The Return On Invested Capital of NYMT (0.29%) is comparable to the rest of the industry.
| 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 in line with its industry peers.
The Operating Margin of NYMT (6.09%) is comparable to the rest of the industry.
Looking at the Gross Margin, with a value of 31.90%, NYMT is in the better half of the industry, outperforming 70.15% of the companies in the same industry.
NYMT's Gross Margin has been stable in the last couple of years.
| 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.
The number of shares outstanding for NYMT remains at a similar level compared to 1 year ago.
Compared to 5 years ago, NYMT has less shares outstanding
Compared to 1 year ago, NYMT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -0.61, we must say that NYMT is in the distress zone and has some risk of bankruptcy.
NYMT has a worse Altman-Z score (-0.61) than 73.13% of its industry peers.
NYMT has a debt to FCF ratio of 136.55. This is a negative value and a sign of low solvency as NYMT would need 136.55 years to pay back of all of its debts.
NYMT has a Debt to FCF ratio (136.55) which is comparable to the rest of the industry.
A Debt/Equity ratio of 6.46 is on the high side and indicates that NYMT has dependencies on debt financing.
With a Debt to Equity ratio value of 6.46, NYMT perfoms like the industry average, outperforming 41.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.46 | ||
| Debt/FCF | 136.55 | ||
| Altman-Z | -0.61 |
ROIC/WACC0.05
WACC5.28%
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.
A Quick Ratio of 0.06 indicates that NYMT may have some problems paying its short term obligations.
With a Quick ratio value of 0.06, NYMT is not doing good in the industry: 64.18% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.06 | ||
| Quick Ratio | 0.06 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 112.10% over the past year.
NYMT shows a strong growth in Revenue. In the last year, the Revenue has grown by 24.19%.
Measured over the past years, NYMT shows a decrease in Revenue. The Revenue has been decreasing by -7.75% on average per year.
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
Based on estimates for the next years, NYMT will show a very strong growth in Revenue. The Revenue will grow by 37.91% on average per year.
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 37.42, NYMT can be considered very expensive at the moment.
NYMT's Price/Earnings ratio is a bit more expensive when compared to the industry. NYMT is more expensive than 67.16% of the companies in the same industry.
NYMT's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.51.
Based on the Price/Forward Earnings ratio of 7.64, the valuation of NYMT can be described as very cheap.
76.12% of the companies in the same industry are more expensive than NYMT, based on the Price/Forward Earnings ratio.
NYMT is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.53, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.42 | ||
| Fwd PE | 7.64 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NYMT is valued cheaply inside the industry as 80.60% of the companies are valued more expensively.
73.13% of the companies in the same industry are more expensive than NYMT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.83 | ||
| EV/EBITDA | 69.15 |
4.3 Compensation for Growth
NYMT's 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
NYMT has a Yearly Dividend Yield of 9.66%, which is a nice return.
NYMT's Dividend Yield is slightly below the industry average, which is at 12.83.
Compared to an average S&P500 Dividend Yield of 2.38, NYMT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.66% |
5.2 History
On average, the dividend of NYMT grows each year by 8.89%, which is quite nice.
NYMT has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.89%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NYMT pays out 667.71% of its income as dividend. 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%
7.11
-0.11 (-1.52%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners57.82%
Inst Owner Change-0.35%
Ins Owners7.09%
Ins Owner Change0.65%
Market Cap642.10M
Revenue(TTM)625.63M
Net Income(TTM)17.38M
Analysts76.67
Price Target7.91 (11.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.66% |
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)2.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.41%
EPS NY rev (1m)-34.29%
EPS NY rev (3m)-25.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)10.33%
Revenue NY rev (1m)2.65%
Revenue NY rev (3m)2.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.42 | ||
| Fwd PE | 7.64 | ||
| P/S | 1.03 | ||
| P/FCF | 9.83 | ||
| P/OCF | 6.89 | ||
| P/B | 0.46 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | 69.15 |
EPS(TTM)0.19
EY2.67%
EPS(NY)0.93
Fwd EY13.09%
FCF(TTM)0.72
FCFY10.17%
OCF(TTM)1.03
OCFY14.52%
SpS6.93
BVpS15.29
TBVpS15.29
PEG (NY)0.22
PEG (5Y)N/A
Graham NumberN/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
ROICexgc growth 3YN/A
ROICexgc 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
WACC5.28%
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%
NEW YORK MORTGAGE TRUST INC / NYMT FAQ
Can you provide the ChartMill fundamental rating for NEW YORK MORTGAGE TRUST INC?
ChartMill assigns a fundamental rating of 4 / 10 to NYMT.
Can you provide the valuation status for NEW YORK MORTGAGE TRUST INC?
ChartMill assigns a valuation rating of 6 / 10 to NEW YORK MORTGAGE TRUST INC (NYMT). This can be considered as Fairly Valued.
Can you provide the profitability details for NEW YORK MORTGAGE TRUST INC?
NEW YORK MORTGAGE TRUST INC (NYMT) has a profitability rating of 3 / 10.
What are the PE and PB ratios of NEW YORK MORTGAGE TRUST INC (NYMT) stock?
The Price/Earnings (PE) ratio for NEW YORK MORTGAGE TRUST INC (NYMT) is 37.42 and the Price/Book (PB) ratio is 0.46.
Can you provide the financial health for NYMT stock?
The financial health rating of NEW YORK MORTGAGE TRUST INC (NYMT) is 1 / 10.