TPG MORTGAGE INVESTMENT TRUS (MITT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MITT - US0012285013 - REIT
8.79 USD
+0.13 (+1.5%)
8.79 USD
0 (0%)
Taking everything into account, MITT scores 3 out of 10 in our fundamental rating. MITT was compared to 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. Both the profitability and financial health of MITT have multiple concerns. MITT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MITT was profitable.
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.
In the past 5 years MITT always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 0.31%, MITT perfoms like the industry average, outperforming 48.53% of the companies in the same industry.
MITT has a Return On Equity of 5.04%. This is in the better half of the industry: MITT outperforms 67.65% of its industry peers.
MITT has a Return On Invested Capital (0.35%) which is comparable to the rest of the industry.
MITT had an Average Return On Invested Capital over the past 3 years of 0.43%. This is in line with the industry average of 1.28%.
| 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
MITT has a Profit Margin (6.27%) which is comparable to the rest of the industry.
MITT's Profit Margin has declined in the last couple of years.
MITT has a Operating Margin (8.68%) which is comparable to the rest of the industry.
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.
MITT's Gross Margin has declined in the last couple of years.
| 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
MITT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MITT has more shares outstanding
The debt/assets ratio for MITT is higher compared to a year ago.
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.
MITT has a Altman-Z score (-0.10) which 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.
MITT's Debt to Equity ratio of 14.94 is on the low side compared to the rest of the industry. MITT is outperformed by 91.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 14.94 | ||
| Debt/FCF | 147.88 | ||
| Altman-Z | -0.1 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
MITT has a Current Ratio of 0.12. This is a bad value and indicates that MITT is not financially healthy enough and could expect problems in meeting its short term obligations.
MITT has a Current ratio of 0.12. This is comparable to the rest of the industry: MITT outperforms 45.59% of its industry peers.
MITT has a Quick Ratio of 0.12. This is a bad value and indicates that MITT is not financially healthy enough and could expect problems in meeting 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
MITT shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.13%.
The earnings per share for MITT have been decreasing by -25.19% on average. This is quite bad
The Revenue has grown by 18.40% in the past year. This is quite good.
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)-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
Based on estimates for the next years, MITT will show a small growth in Earnings Per Share. The EPS will grow by 0.39% on average per year.
MITT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.34% yearly.
EPS Next Y-35.94%
EPS Next 2Y-9.62%
EPS Next 3Y0.39%
EPS Next 5YN/A
Revenue Next Year13.45%
Revenue Next 2Y15.05%
Revenue Next 3Y12.34%
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
The Price/Earnings ratio is 9.45, which indicates a very decent valuation of MITT.
72.06% of the companies in the same industry are more expensive than MITT, based on the Price/Earnings ratio.
MITT is valuated cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 8.75, the valuation of MITT can be described as very reasonable.
Based on the Price/Forward Earnings ratio, MITT is valued a bit cheaper than the industry average as 64.71% of the companies are valued more expensively.
MITT is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.45 | ||
| Fwd PE | 8.75 |
4.2 Price Multiples
92.65% of the companies in the same industry are more expensive than MITT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.93 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-9.62%
EPS Next 3Y0.39%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.82%, MITT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 10.90, MITT has a dividend in line with its industry peers.
MITT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.82% |
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-9.62%
EPS Next 3Y0.39%
8.79
+0.13 (+1.5%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners37.06%
Inst Owner Change0%
Ins Owners2.96%
Ins Owner Change1.18%
Market Cap278.99M
Revenue(TTM)450.36M
Net Income(TTM)28.23M
Analysts78.33
Price Target8.98 (2.16%)
Short Float %1.29%
Short Ratio2.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.82% |
Yearly Dividend1.26
Dividend Growth(5Y)-30.15%
DP158.93%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)1.15%
PT rev (3m)3.53%
EPS NQ rev (1m)3.53%
EPS NQ rev (3m)5.77%
EPS NY rev (1m)0%
EPS NY rev (3m)12.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.45 | ||
| Fwd PE | 8.75 | ||
| P/S | 0.62 | ||
| P/FCF | 4.93 | ||
| P/OCF | 4.93 | ||
| P/B | 0.5 | ||
| P/tB | 0.5 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.93
EY10.58%
EPS(NY)1
Fwd EY11.43%
FCF(TTM)1.78
FCFY20.27%
OCF(TTM)1.78
OCFY20.27%
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-35.94%
EPS Next 2Y-9.62%
EPS Next 3Y0.39%
EPS Next 5YN/A
Revenue 1Y (TTM)18.4%
Revenue growth 3Y79.44%
Revenue growth 5Y18.93%
Sales Q2Q%30.31%
Revenue Next Year13.45%
Revenue Next 2Y15.05%
Revenue Next 3Y12.34%
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%
TPG MORTGAGE INVESTMENT TRUS / MITT FAQ
What is the fundamental rating for MITT stock?
ChartMill assigns a fundamental rating of 3 / 10 to MITT.
What is the valuation status of TPG MORTGAGE INVESTMENT TRUS (MITT) stock?
ChartMill assigns a valuation rating of 5 / 10 to TPG MORTGAGE INVESTMENT TRUS (MITT). This can be considered as Fairly Valued.
Can you provide the profitability details for TPG MORTGAGE INVESTMENT TRUS?
TPG MORTGAGE INVESTMENT TRUS (MITT) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for MITT stock?
The Price/Earnings (PE) ratio for TPG MORTGAGE INVESTMENT TRUS (MITT) is 9.45 and the Price/Book (PB) ratio is 0.5.
Can you provide the financial health for MITT stock?
The financial health rating of TPG MORTGAGE INVESTMENT TRUS (MITT) is 1 / 10.