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 decent growth rate and is not valued too expensively.
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.
- NYMT had negative earnings in 4 of the past 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 (0.16%) 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.
- Looking at the Return On Invested Capital, with a value of 0.29%, NYMT is in line with its industry, outperforming 41.79% of the companies in the same 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
- The Profit Margin of NYMT (2.78%) 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.
- 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NYMT is destroying value.
- The number of shares outstanding for NYMT remains at a similar level compared to 1 year ago.
- The number of shares outstanding for NYMT has been reduced compared to 5 years ago.
- The debt/assets ratio for NYMT is higher compared to a year ago.
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 has a Altman-Z score of -0.61. This is in the lower half of the industry: NYMT underperforms 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.
- With a Debt to FCF ratio value of 136.55, NYMT perfoms like the industry average, outperforming 52.24% of the companies in the same industry.
- A Debt/Equity ratio of 6.46 is on the high side and indicates that NYMT has dependencies on debt financing.
- NYMT has a Debt to Equity ratio (6.46) which is in line with its industry peers.
| 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.
- NYMT has a Current ratio of 0.06. This is in the lower half of the industry: NYMT underperforms 64.18% of its industry peers.
- A Quick Ratio of 0.06 indicates that NYMT may have some problems paying 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
- 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
- The Price/Earnings ratio is 37.42, which means the current valuation is very expensive for NYMT.
- Compared to the rest of the industry, the Price/Earnings ratio of NYMT indicates a slightly more expensive valuation: NYMT is more expensive than 67.16% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, NYMT is valued a bit more expensive.
- A Price/Forward Earnings ratio of 7.64 indicates a rather cheap valuation of NYMT.
- Based on the Price/Forward Earnings ratio, NYMT is valued a bit cheaper than 76.12% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. NYMT is valued rather cheaply when compared to this.
| 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 cheaper than 80.60% of the companies in the same industry.
- 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 11.26.
- NYMT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.66% |
5.2 History
- The dividend of NYMT is nicely growing with an annual growth rate of 8.89%!
- 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
- 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%
NEW YORK MORTGAGE TRUST INC / NYMT FAQ
What is the ChartMill fundamental rating of NEW YORK MORTGAGE TRUST INC (NYMT) stock?
ChartMill assigns a fundamental rating of 4 / 10 to NYMT.
What is the valuation status of NEW YORK MORTGAGE TRUST INC (NYMT) stock?
ChartMill assigns a valuation rating of 6 / 10 to NEW YORK MORTGAGE TRUST INC (NYMT). This can be considered as Fairly Valued.
How profitable is NEW YORK MORTGAGE TRUST INC (NYMT) stock?
NEW YORK MORTGAGE TRUST INC (NYMT) has a profitability rating of 3 / 10.
Can you provide the financial health for NYMT stock?
The financial health rating of NEW YORK MORTGAGE TRUST INC (NYMT) is 1 / 10.
Can you provide the dividend sustainability for NYMT stock?
The dividend rating of NEW YORK MORTGAGE TRUST INC (NYMT) is 5 / 10 and the dividend payout ratio is 667.71%.