NEW YORK MORTGAGE TRUST INC (NYMT)
US6496048405 - REIT
Taking everything into account, NYMT scores 3 out of 10 in our fundamental rating. NYMT was compared to 64 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. Both the profitability and financial health of NYMT have multiple concerns. NYMT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NYMT has reported negative net income.
In the past year NYMT had a positive cash flow from operations.
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
NYMT has a Return On Assets of -1.92%. This is amonst the worse of the industry: NYMT underperforms 85.94% of its industry peers.
With a Return On Equity value of -11.01%, NYMT is not doing good in the industry: 87.50% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.92% | ||
| ROE | -11.01% | ||
| ROIC | N/A |
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 has declined in the last couple of years.
NYMT has a better Gross Margin (34.72%) than 70.31% of its industry peers.
NYMT's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for NYMT so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 34.72% |
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
NYMT does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for NYMT has been reduced compared to 1 year ago.
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
Based on the Altman-Z score of -0.53, we must say that NYMT is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -0.53, NYMT is not doing good in the industry: 71.88% of the companies in the same industry are doing better.
NYMT has a Debt/Equity ratio of 4.40. This is a high value indicating a heavy dependency on external financing.
NYMT's Debt to Equity ratio of 4.40 is in line compared to the rest of the industry. NYMT outperforms 51.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.4 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.53 |
ROIC/WACCN/A
WACC5.76%
2.3 Liquidity
A Current Ratio of 0.12 indicates that NYMT may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.12, NYMT is in line with its industry, outperforming 40.63% of the companies in the same industry.
A Quick Ratio of 0.12 indicates that NYMT may have some problems paying its short term obligations.
NYMT has a Quick ratio (0.12) which is comparable to the rest of the industry.
| 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 26.64% over the past year.
The Revenue has grown by 69.87% in the past year. This is a very strong growth!
Measured over the past years, NYMT shows a decrease in Revenue. The Revenue has been decreasing by -1.20% on average per year.
EPS 1Y (TTM)26.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%29.27%
Revenue 1Y (TTM)69.87%
Revenue growth 3Y222.43%
Revenue growth 5Y-1.2%
Sales Q2Q%25.82%
3.2 Future
Based on estimates for the next years, NYMT will show a very strong growth in Earnings Per Share. The EPS will grow by 39.35% on average per year.
Based on estimates for the next years, NYMT will show a very strong growth in Revenue. The Revenue will grow by 29.51% on average per year.
EPS Next Y22.29%
EPS Next 2Y56.14%
EPS Next 3Y39.35%
EPS Next 5YN/A
Revenue Next Year13.31%
Revenue Next 2Y22.04%
Revenue Next 3Y29.51%
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 15.25, the valuation of NYMT can be described as correct.
64.06% of the companies in the same industry are cheaper than NYMT, based on the Price/Forward Earnings ratio.
NYMT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 15.25 |
4.2 Price Multiples
NYMT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NYMT is cheaper than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 1070.46 |
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 39.35% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y56.14%
EPS Next 3Y39.35%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 12.35%, NYMT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 12.15, NYMT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.26, NYMT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.35% |
5.2 History
On average, the dividend of NYMT grows each year by 15.63%, which is quite nice.
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-85.64%
EPS Next 2Y56.14%
EPS Next 3Y39.35%
NEW YORK MORTGAGE TRUST INC
NASDAQ:NYMT (9/13/2024, 8:00:02 PM)
After market: 6.7133 +0.1 (+1.56%)6.61
+0.13 (+2.01%)
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 Cap598.73M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.35% |
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)
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EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
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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 | 15.25 | ||
| 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 | -1.92% | ||
| ROE | -11.01% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 34.72% | ||
| 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 Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.4 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)26.64%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y22.29%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)69.87%
Revenue growth 3Y222.43%
Revenue growth 5Y
Sales 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