18.6 USD
-0.45 (-2.39%)
Taking everything into account, ATAX scores 3 out of 10 in our fundamental rating. ATAX was compared to 0 industry peers in the Thrifts & Mortgage Finance industry. There are concerns on the financial health of ATAX while its profitability can be described as average. ATAX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year ATAX was profitable.
In the past year ATAX had a positive cash flow from operations.
1.2 Ratios
With an excellent Return On Assets value of 4.84%, ATAX belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
Looking at the Return On Equity, with a value of 17.32%, ATAX belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.84% | ||
| ROE | 17.32% | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 88.89%, ATAX belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
ATAX's Profit Margin has improved in the last couple of years.
ATAX has a better Operating Margin (38.33%) than 88.64% of its industry peers.
ATAX's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.33% | ||
| PM (TTM) | 88.89% | ||
| GM | N/A |
OM growth 3Y-11.03%
OM growth 5Y-3.43%
PM growth 3Y6.11%
PM growth 5Y11.33%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ATAX does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for ATAX has been reduced compared to 1 year ago.
ATAX has a worse debt/assets ratio than last year.
2.2 Solvency
ATAX has a debt to FCF ratio of 34.12. This is a negative value and a sign of low solvency as ATAX would need 34.12 years to pay back of all of its debts.
ATAX's Debt to FCF ratio of 34.12 is on the low side compared to the rest of the industry. ATAX is outperformed by 81.82% of its industry peers.
ATAX has a Debt/Equity ratio of 2.51. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ATAX (2.51) is worse than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.51 | ||
| Debt/FCF | 34.12 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC5.68%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 135.77% over the past year.
ATAX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 35.62% yearly.
ATAX shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.55%.
The Revenue has been decreasing by -1.29% on average over the past years.
EPS 1Y (TTM)135.77%
EPS 3Y39.1%
EPS 5Y35.62%
EPS Q2Q%38.6%
Revenue 1Y (TTM)27.55%
Revenue growth 3Y-8.14%
Revenue growth 5Y-1.29%
Sales Q2Q%27.84%
3.2 Future
ATAX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.07% yearly.
The Revenue is expected to grow by 6.89% on average over the next years.
EPS Next Y77.85%
EPS Next 2Y-1.96%
EPS Next 3Y2.98%
EPS Next 5Y6.07%
Revenue Next Year5.62%
Revenue Next 2Y10.72%
Revenue Next 3Y8.58%
Revenue Next 5Y6.89%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 6.41, the valuation of ATAX can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of ATAX indicates a rather cheap valuation: ATAX is cheaper than 84.09% of the companies listed in the same industry.
ATAX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.56.
With a Price/Forward Earnings ratio of 12.40, ATAX is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ATAX is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.79, ATAX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.41 | ||
| Fwd PE | 12.4 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ATAX indicates a rather cheap valuation: ATAX is cheaper than 84.09% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ATAX is valued a bit more expensive than 65.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.85 | ||
| EV/EBITDA | 40.28 |
4.3 Compensation for Growth
ATAX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.08
PEG (5Y)0.18
EPS Next 2Y-1.96%
EPS Next 3Y2.98%
5. Dividend
5.1 Amount
ATAX has a Yearly Dividend Yield of 7.84%, which is a nice return.
ATAX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.84% |
5.2 History
The dividend of ATAX decreases each year by -9.55%.
ATAX has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-9.55%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
ATAX pays out 65.69% of its income as dividend. This is not a sustainable payout ratio.
DP65.69%
EPS Next 2Y-1.96%
EPS Next 3Y2.98%
NASDAQ:ATAX (12/2/2022, 8:20:28 PM)
18.6
-0.45 (-2.39%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryThrifts & Mortgage Finance
Earnings (Last)
Earnings (Next)
Inst Owners9.17%
Inst Owner Change-10.68%
Ins Owners4.52%
Ins Owner Change0%
Market Cap413.80M
Revenue(TTM)79.02M
Net Income(TTM)70.24M
Analysts82.22
Price Target21.76 (16.99%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.84% |
Yearly Dividend1.11
Dividend Growth(5Y)-9.55%
DP65.69%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)12.77%
Min EPS beat(2)-10.33%
Max EPS beat(2)35.88%
EPS beat(4)2
Avg EPS beat(4)24.65%
Min EPS beat(4)-10.33%
Max EPS beat(4)79.26%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-11.44%
Min Revenue beat(2)-22.85%
Max Revenue beat(2)-0.02%
Revenue beat(4)2
Avg Revenue beat(4)-2.31%
Min Revenue beat(4)-22.85%
Max Revenue beat(4)7.55%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)N/A
EPS NQ rev (1m)-2.75%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)1.39%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.41 | ||
| Fwd PE | 12.4 | ||
| P/S | 5.24 | ||
| P/FCF | 13.85 | ||
| P/OCF | 13.63 | ||
| P/B | 1.02 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | 40.28 |
EPS(TTM)2.9
EY15.59%
EPS(NY)1.5
Fwd EY8.06%
FCF(TTM)1.34
FCFY7.22%
OCF(TTM)1.36
OCFY7.34%
SpS3.55
BVpS18.23
TBVpS13.88
PEG (NY)0.08
PEG (5Y)0.18
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.84% | ||
| ROE | 17.32% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 38.33% | ||
| PM (TTM) | 88.89% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 3Y-11.03%
OM growth 5Y-3.43%
PM growth 3Y6.11%
PM growth 5Y11.33%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.51 | ||
| Debt/FCF | 34.12 | ||
| Debt/EBITDA | 30.87 | ||
| Cap/Depr | 17.34% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 42.55% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC5.68%
ROIC/WACCN/A
Cap/Depr(3y)8.3%
Cap/Depr(5y)9.64%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)120.37%
Profit Quality(5y)95.36%
High Growth Momentum
Growth
EPS 1Y (TTM)135.77%
EPS 3Y39.1%
EPS 5Y35.62%
EPS Q2Q%38.6%
EPS Next Y77.85%
EPS Next 2Y-1.96%
EPS Next 3Y2.98%
EPS Next 5Y6.07%
Revenue 1Y (TTM)27.55%
Revenue growth 3Y-8.14%
Revenue growth 5Y-1.29%
Sales Q2Q%27.84%
Revenue Next Year5.62%
Revenue Next 2Y10.72%
Revenue Next 3Y8.58%
Revenue Next 5Y6.89%
EBIT growth 1Y90.7%
EBIT growth 3Y-18.28%
EBIT growth 5Y-4.68%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y71.28%
FCF growth 3Y10.35%
FCF growth 5Y48.17%
OCF growth 1Y70.5%
OCF growth 3Y9.76%
OCF growth 5Y17.38%
AMERICA FIRST MULTIFAMILY IN / ATAX FAQ
What is the ChartMill fundamental rating of AMERICA FIRST MULTIFAMILY IN (ATAX) stock?
ChartMill assigns a fundamental rating of 5 / 10 to ATAX.
Can you provide the valuation status for AMERICA FIRST MULTIFAMILY IN?
ChartMill assigns a valuation rating of 7 / 10 to AMERICA FIRST MULTIFAMILY IN (ATAX). This can be considered as Undervalued.
Can you provide the profitability details for AMERICA FIRST MULTIFAMILY IN?
AMERICA FIRST MULTIFAMILY IN (ATAX) has a profitability rating of 6 / 10.
What is the financial health of AMERICA FIRST MULTIFAMILY IN (ATAX) stock?
The financial health rating of AMERICA FIRST MULTIFAMILY IN (ATAX) is 1 / 10.
Can you provide the expected EPS growth for ATAX stock?
The Earnings per Share (EPS) of AMERICA FIRST MULTIFAMILY IN (ATAX) is expected to grow by 77.85% in the next year.