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%)
Taking everything into account, NYMT scores 4 out of 10 in our fundamental rating. 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 correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year NYMT was profitable.
In the past year NYMT had a positive cash flow from operations.
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
The Return On Assets of NYMT (0.16%) is comparable to the rest of the industry.
With a Return On Equity value of 1.26%, NYMT perfoms like the industry average, outperforming 47.76% of the companies in the same industry.
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's Profit Margin of 2.78% is in line compared to the rest of the industry. NYMT outperforms 47.76% of its industry peers.
NYMT has a Operating Margin (6.09%) which 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.
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.
Compared to 1 year ago, NYMT has about the same amount of shares outstanding.
NYMT has less shares outstanding than it did 5 years ago.
NYMT has a worse debt/assets ratio than last year.
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.
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 of 136.55. This is comparable to the rest of the industry: NYMT outperforms 52.24% of its industry peers.
A Debt/Equity ratio of 6.46 is on the high side and indicates that NYMT has dependencies on debt financing.
The Debt to Equity ratio of NYMT (6.46) is comparable to the rest of the 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
NYMT has a Current 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.
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.
The Revenue has grown by 24.19% in the past year. This is a very strong growth!
NYMT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -7.75% yearly.
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
NYMT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 47.47% yearly.
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 37.42, NYMT can be considered very expensive at the moment.
Based on the Price/Earnings ratio, NYMT is valued a bit 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 25.56.
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.
When comparing the Price/Forward Earnings ratio of NYMT to the average of the S&P500 Index (34.62), we can say NYMT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.42 | ||
| Fwd PE | 7.64 |
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 73.13% of the companies in the same industry.
| 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.
NYMT's earnings are expected to grow with 47.47% in the coming years. This may justify a more expensive valuation.
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.
Compared to an average industry Dividend Yield of 11.97, NYMT is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.44, 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.
NYMT's earnings are growing more than its dividend. This makes the dividend growth 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-3.29%
Ins Owners7.09%
Ins Owner Change1.06%
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.