AG MORTGAGE INVESTMENT TRUST (MITT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MITT - US0012285013 - REIT
8.15 USD
+0.05 (+0.62%)
8.15 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to MITT. MITT was compared to 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. MITT may be in some trouble as it scores bad on both profitability and health. MITT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
MITT had positive earnings in the past year.
In the past year MITT had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: MITT reported negative net income in multiple years.
Each year in the past 5 years MITT had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.31%, MITT is in line with its industry, outperforming 48.53% of the companies in the same industry.
With a decent Return On Equity value of 5.04%, MITT is doing good in the industry, outperforming 67.65% of the companies in the same industry.
The Return On Invested Capital of MITT (0.35%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for MITT is in line with the industry average of 1.22%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.31% | ||
| ROE | 5.04% | ||
| ROIC | 0.35% |
ROA(3y)-0.18%
ROA(5y)-5.75%
ROE(3y)-0.68%
ROE(5y)-18.43%
ROIC(3y)0.43%
ROIC(5y)0.52%
1.3 Margins
With a Profit Margin value of 6.27%, MITT perfoms like the industry average, outperforming 48.53% of the companies in the same industry.
MITT's Profit Margin has declined in the last couple of years.
MITT has a Operating Margin (8.68%) which is in line with its industry peers.
MITT's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 12.40%, MITT is not doing good in the industry: 80.88% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of MITT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.68% | ||
| PM (TTM) | 6.27% | ||
| GM | 12.4% |
OM growth 3Y-33.53%
OM growth 5Y-22.66%
PM growth 3Y-58.15%
PM growth 5Y-27.59%
GM growth 3Y-35.88%
GM growth 5Y-21.14%
2. Health
2.1 Basic Checks
The number of shares outstanding for MITT has been increased compared to 1 year ago.
Compared to 5 years ago, MITT has more shares outstanding
MITT has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.10, we must say that MITT is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MITT (-0.10) is comparable to the rest of the industry.
The Debt to FCF ratio of MITT is 147.88, which is on the high side as it means it would take MITT, 147.88 years of fcf income to pay off all of its debts.
MITT has a Debt to FCF ratio of 147.88. This is comparable to the rest of the industry: MITT outperforms 52.94% of its industry peers.
MITT has a Debt/Equity ratio of 14.94. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 14.94, MITT is doing worse than 91.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 14.94 | ||
| Debt/FCF | 147.88 | ||
| Altman-Z | -0.1 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.12 indicates that MITT may have some problems paying its short term obligations.
MITT's Current ratio of 0.12 is in line compared to the rest of the industry. MITT outperforms 45.59% of its industry peers.
A Quick Ratio of 0.12 indicates that MITT may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.12, MITT is in line with its industry, outperforming 45.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.12 | ||
| Quick Ratio | 0.12 |
3. Growth
3.1 Past
The earnings per share for MITT have decreased by -3.13% in the last year.
MITT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -25.19% yearly.
MITT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.40%.
MITT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.93% yearly.
EPS 1Y (TTM)-3.13%
EPS 3Y-39.77%
EPS 5Y-25.19%
EPS Q2Q%17.5%
Revenue 1Y (TTM)18.4%
Revenue growth 3Y79.44%
Revenue growth 5Y18.93%
Sales Q2Q%30.31%
3.2 Future
MITT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.80% yearly.
MITT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.99% yearly.
EPS Next Y-42.92%
EPS Next 2Y-10.22%
EPS Next 3Y0.8%
EPS Next 5YN/A
Revenue Next Year14.14%
Revenue Next 2Y14.2%
Revenue Next 3Y10.99%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.76 indicates a reasonable valuation of MITT.
75.00% of the companies in the same industry are more expensive than MITT, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of MITT to the average of the S&P500 Index (26.15), we can say MITT is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.22, the valuation of MITT can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MITT indicates a somewhat cheap valuation: MITT is cheaper than 64.71% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of MITT to the average of the S&P500 Index (36.12), we can say MITT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.76 | ||
| Fwd PE | 8.22 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MITT indicates a rather cheap valuation: MITT is cheaper than 94.12% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.57 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.22%
EPS Next 3Y0.8%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.53%, MITT is a good candidate for dividend investing.
MITT's Dividend Yield is slightly below the industry average, which is at 12.91.
MITT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.53% |
5.2 History
The dividend of MITT decreases each year by -30.15%.
MITT has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-30.15%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
MITT pays out 158.93% of its income as dividend. This is not a sustainable payout ratio.
DP158.93%
EPS Next 2Y-10.22%
EPS Next 3Y0.8%
8.15
+0.05 (+0.62%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners32.61%
Inst Owner Change14.06%
Ins Owners2.94%
Ins Owner Change1.25%
Market Cap258.68M
Revenue(TTM)450.36M
Net Income(TTM)28.23M
Analysts78.33
Price Target8.87 (8.83%)
Short Float %1.78%
Short Ratio2.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.53% |
Yearly Dividend1.26
Dividend Growth(5Y)-30.15%
DP158.93%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.41%
Min EPS beat(2)-121.95%
Max EPS beat(2)124.77%
EPS beat(4)3
Avg EPS beat(4)23.36%
Min EPS beat(4)-121.95%
Max EPS beat(4)124.77%
EPS beat(8)5
Avg EPS beat(8)36.97%
EPS beat(12)8
Avg EPS beat(12)13.09%
EPS beat(16)9
Avg EPS beat(16)-443.57%
Revenue beat(2)0
Avg Revenue beat(2)-12.25%
Min Revenue beat(2)-16.34%
Max Revenue beat(2)-8.16%
Revenue beat(4)0
Avg Revenue beat(4)-8.85%
Min Revenue beat(4)-16.34%
Max Revenue beat(4)-3.31%
Revenue beat(8)1
Avg Revenue beat(8)-6%
Revenue beat(12)2
Avg Revenue beat(12)9.42%
Revenue beat(16)6
Avg Revenue beat(16)28.98%
PT rev (1m)2.35%
PT rev (3m)2.96%
EPS NQ rev (1m)4.94%
EPS NQ rev (3m)7.59%
EPS NY rev (1m)-2.78%
EPS NY rev (3m)-21.6%
Revenue NQ rev (1m)1.14%
Revenue NQ rev (3m)1.6%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.76 | ||
| Fwd PE | 8.22 | ||
| P/S | 0.57 | ||
| P/FCF | 4.57 | ||
| P/OCF | 4.57 | ||
| P/B | 0.46 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.93
EY11.41%
EPS(NY)0.99
Fwd EY12.16%
FCF(TTM)1.78
FCFY21.86%
OCF(TTM)1.78
OCFY21.86%
SpS14.19
BVpS17.64
TBVpS17.64
PEG (NY)N/A
PEG (5Y)N/A
Graham Number19.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.31% | ||
| ROE | 5.04% | ||
| ROCE | 0.48% | ||
| ROIC | 0.35% | ||
| ROICexc | 0.35% | ||
| ROICexgc | 0.35% | ||
| OM | 8.68% | ||
| PM (TTM) | 6.27% | ||
| GM | 12.4% | ||
| FCFM | 12.56% |
ROA(3y)-0.18%
ROA(5y)-5.75%
ROE(3y)-0.68%
ROE(5y)-18.43%
ROIC(3y)0.43%
ROIC(5y)0.52%
ROICexc(3y)0.44%
ROICexc(5y)0.54%
ROICexgc(3y)0.44%
ROICexgc(5y)0.54%
ROCE(3y)0.62%
ROCE(5y)0.94%
ROICexgc growth 3Y-6.27%
ROICexgc growth 5Y-16.26%
ROICexc growth 3Y-6.26%
ROICexc growth 5Y-16.25%
OM growth 3Y-33.53%
OM growth 5Y-22.66%
PM growth 3Y-58.15%
PM growth 5Y-27.59%
GM growth 3Y-35.88%
GM growth 5Y-21.14%
F-Score3
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 14.94 | ||
| Debt/FCF | 147.88 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.11 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 200.31% | ||
| Current Ratio | 0.12 | ||
| Quick Ratio | 0.12 | ||
| Altman-Z | -0.1 |
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.13%
EPS 3Y-39.77%
EPS 5Y-25.19%
EPS Q2Q%17.5%
EPS Next Y-42.92%
EPS Next 2Y-10.22%
EPS Next 3Y0.8%
EPS Next 5YN/A
Revenue 1Y (TTM)18.4%
Revenue growth 3Y79.44%
Revenue growth 5Y18.93%
Sales Q2Q%30.31%
Revenue Next Year14.14%
Revenue Next 2Y14.2%
Revenue Next 3Y10.99%
Revenue Next 5YN/A
EBIT growth 1Y25.27%
EBIT growth 3Y19.27%
EBIT growth 5Y-8.02%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y137.6%
FCF growth 3Y28.53%
FCF growth 5Y-3.05%
OCF growth 1Y137.6%
OCF growth 3Y28.53%
OCF growth 5Y-3.05%
AG MORTGAGE INVESTMENT TRUST / MITT FAQ
What is the ChartMill fundamental rating of AG MORTGAGE INVESTMENT TRUST (MITT) stock?
ChartMill assigns a fundamental rating of 3 / 10 to MITT.
What is the valuation status for MITT stock?
ChartMill assigns a valuation rating of 5 / 10 to AG MORTGAGE INVESTMENT TRUST (MITT). This can be considered as Fairly Valued.
What is the profitability of MITT stock?
AG MORTGAGE INVESTMENT TRUST (MITT) has a profitability rating of 3 / 10.
What is the expected EPS growth for AG MORTGAGE INVESTMENT TRUST (MITT) stock?
The Earnings per Share (EPS) of AG MORTGAGE INVESTMENT TRUST (MITT) is expected to decline by -42.92% in the next year.
Can you provide the dividend sustainability for MITT stock?
The dividend rating of AG MORTGAGE INVESTMENT TRUST (MITT) is 4 / 10 and the dividend payout ratio is 158.93%.