AG MORTGAGE INVESTMENT TRUST (MITT) Stock Fundamental Analysis
USA - NYSE:MITT - US0012285013 - REIT
7.14 USD
+0.07 (+0.99%)
7.0531 USD
-0.09 (-1.22%)
MITT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. MITT has a medium profitability rating, but doesn't score so well on its financial health evaluation. MITT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
MITT had positive earnings in the past year.
MITT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: MITT reported negative net income in multiple years.
MITT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MITT has a Return On Assets of 0.34%. This is in the better half of the industry: MITT outperforms 60.29% of its industry peers.
The Return On Equity of MITT (4.76%) is better than 76.47% of its industry peers.
Looking at the Return On Invested Capital, with a value of 0.38%, MITT is in line with its industry, outperforming 58.82% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MITT is in line with the industry average of 1.25%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.34% | ||
| ROE | 4.76% | ||
| ROIC | 0.38% |
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
MITT has a Profit Margin (5.90%) which is in line with its industry peers.
MITT's Profit Margin has declined in the last couple of years.
MITT has a Operating Margin of 8.29%. This is comparable to the rest of the industry: MITT outperforms 45.59% of its industry peers.
MITT's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 12.15%, MITT is doing worse than 73.53% of the companies in the same industry.
MITT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.29% | ||
| PM (TTM) | 5.9% | ||
| GM | 12.15% |
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
Compared to 1 year ago, MITT has more shares outstanding
MITT has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MITT is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.12, we must say that MITT is in the distress zone and has some risk of bankruptcy.
MITT has a Altman-Z score of -0.12. This is comparable to the rest of the industry: MITT outperforms 50.00% of its industry peers.
The Debt to FCF ratio of MITT is 128.19, which is on the high side as it means it would take MITT, 128.19 years of fcf income to pay off all of its debts.
MITT has a Debt to FCF ratio (128.19) which is comparable to the rest of the industry.
MITT has a Debt/Equity ratio of 12.82. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 12.82, MITT is doing worse than 91.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.82 | ||
| Debt/FCF | 128.19 | ||
| Altman-Z | -0.12 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.15 indicates that MITT may have some problems paying its short term obligations.
MITT has a Current ratio (0.15) which is in line with its industry peers.
A Quick Ratio of 0.15 indicates that MITT may have some problems paying its short term obligations.
MITT's Quick ratio of 0.15 is in line compared to the rest of the industry. MITT outperforms 51.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 |
3. Growth
3.1 Past
MITT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 273.91%, which is quite impressive.
MITT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -25.19% yearly.
The Revenue has grown by 28.47% in the past year. This is a very strong growth!
Measured over the past years, MITT shows a quite strong growth in Revenue. The Revenue has been growing by 18.93% on average per year.
EPS 1Y (TTM)273.91%
EPS 3Y-39.77%
EPS 5Y-25.19%
EPS Q2Q%-150%
Revenue 1Y (TTM)28.47%
Revenue growth 3Y79.44%
Revenue growth 5Y18.93%
Sales Q2Q%8.37%
3.2 Future
The Earnings Per Share is expected to grow by 0.80% on average over the next years.
The Revenue is expected to grow by 10.99% on average over the next years. This is quite good.
EPS Next Y-41.29%
EPS Next 2Y-11.59%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.30, the valuation of MITT can be described as reasonable.
76.47% 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 (26.11), we can say MITT is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.43, the valuation of MITT can be described as very cheap.
Based on the Price/Forward Earnings ratio, MITT is valued a bit cheaper than the industry average as 72.06% of the companies are valued more expensively.
MITT is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.55, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.3 | ||
| Fwd PE | 7.43 |
4.2 Price Multiples
MITT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MITT is cheaper than 92.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.22 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.59%
EPS Next 3Y0.8%
5. Dividend
5.1 Amount
MITT has a Yearly Dividend Yield of 11.46%, which is a nice return.
MITT's Dividend Yield is slightly below the industry average, which is at 13.20.
Compared to an average S&P500 Dividend Yield of 2.37, MITT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.46% |
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
170.19% of the earnings are spent on dividend by MITT. This is not a sustainable payout ratio.
DP170.19%
EPS Next 2Y-11.59%
EPS Next 3Y0.8%
7.14
+0.07 (+0.99%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners32.61%
Inst Owner Change-1.88%
Ins Owners2.94%
Ins Owner Change1.25%
Market Cap226.55M
Revenue(TTM)433.10M
Net Income(TTM)25.54M
Analysts78.33
Price Target8.67 (21.43%)
Short Float %2.23%
Short Ratio3.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.46% |
Yearly Dividend1.26
Dividend Growth(5Y)-30.15%
DP170.19%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-55.33%
Min EPS beat(2)-121.95%
Max EPS beat(2)11.29%
EPS beat(4)3
Avg EPS beat(4)27.69%
Min EPS beat(4)-121.95%
Max EPS beat(4)142.07%
EPS beat(8)4
Avg EPS beat(8)-38.71%
EPS beat(12)7
Avg EPS beat(12)-334.63%
EPS beat(16)9
Avg EPS beat(16)-380.84%
Revenue beat(2)0
Avg Revenue beat(2)-9.82%
Min Revenue beat(2)-16.34%
Max Revenue beat(2)-3.31%
Revenue beat(4)0
Avg Revenue beat(4)-9.66%
Min Revenue beat(4)-16.34%
Max Revenue beat(4)-3.31%
Revenue beat(8)1
Avg Revenue beat(8)-6.39%
Revenue beat(12)3
Avg Revenue beat(12)24.77%
Revenue beat(16)7
Avg Revenue beat(16)30.8%
PT rev (1m)0%
PT rev (3m)-0.58%
EPS NQ rev (1m)-1.96%
EPS NQ rev (3m)-11.11%
EPS NY rev (1m)3.36%
EPS NY rev (3m)-19.36%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)-2.92%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)-5.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.3 | ||
| Fwd PE | 7.43 | ||
| P/S | 0.52 | ||
| P/FCF | 4.22 | ||
| P/OCF | 4.22 | ||
| P/B | 0.42 | ||
| P/tB | 0.42 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.86
EY12.04%
EPS(NY)0.96
Fwd EY13.46%
FCF(TTM)1.69
FCFY23.68%
OCF(TTM)1.69
OCFY23.68%
SpS13.65
BVpS16.91
TBVpS16.91
PEG (NY)N/A
PEG (5Y)N/A
Graham Number18.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.34% | ||
| ROE | 4.76% | ||
| ROCE | 0.55% | ||
| ROIC | 0.38% | ||
| ROICexc | 0.39% | ||
| ROICexgc | 0.39% | ||
| OM | 8.29% | ||
| PM (TTM) | 5.9% | ||
| GM | 12.15% | ||
| FCFM | 12.39% |
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-Score5
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.82 | ||
| Debt/FCF | 128.19 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.11 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 210.08% | ||
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 | ||
| Altman-Z | -0.12 |
F-Score5
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)273.91%
EPS 3Y-39.77%
EPS 5Y-25.19%
EPS Q2Q%-150%
EPS Next Y-41.29%
EPS Next 2Y-11.59%
EPS Next 3Y0.8%
EPS Next 5YN/A
Revenue 1Y (TTM)28.47%
Revenue growth 3Y79.44%
Revenue growth 5Y18.93%
Sales Q2Q%8.37%
Revenue Next Year14.14%
Revenue Next 2Y14.2%
Revenue Next 3Y10.99%
Revenue Next 5YN/A
EBIT growth 1Y24.84%
EBIT growth 3Y19.27%
EBIT growth 5Y-8.02%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y117.21%
FCF growth 3Y28.53%
FCF growth 5Y-3.05%
OCF growth 1Y117.21%
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 4 / 10 to MITT.
What is the valuation status for MITT stock?
ChartMill assigns a valuation rating of 6 / 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 4 / 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 -41.29% 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 170.19%.