AG MORTGAGE INVESTMENT TRUST (MITT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MITT - US0012285013 - REIT
8.32 USD
+0.06 (+0.73%)
8.32 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to MITT. MITT was compared to 69 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.
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.
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 47.83% of the companies in the same industry.
The Return On Equity of MITT (5.04%) is better than 66.67% of its industry peers.
MITT has a Return On Invested Capital (0.35%) which 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 1.23%.
| 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
The Profit Margin of MITT (6.27%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of MITT has declined.
MITT's Operating Margin of 8.68% is in line compared to the rest of the industry. MITT outperforms 44.93% of its industry peers.
In the last couple of years the Operating Margin of MITT has declined.
MITT has a worse Gross Margin (12.40%) than 81.16% of its industry peers.
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
The number of shares outstanding for MITT has been increased compared to 1 year ago.
The number of shares outstanding for MITT has been increased compared to 5 years ago.
MITT has a worse debt/assets ratio than last year.
2.2 Solvency
MITT has an Altman-Z score of -0.10. This is a bad value and indicates that MITT is not financially healthy and even has some risk of bankruptcy.
MITT has a Altman-Z score (-0.10) which is in line with its industry peers.
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 52.17% 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.
With a Debt to Equity ratio value of 14.94, MITT is not doing good in the industry: 91.30% of the companies in the same industry are doing better.
| 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.
The Current ratio of MITT (0.12) is comparable to the rest of the industry.
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.
MITT has a Quick ratio (0.12) which is in line with its industry peers.
| 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%.
MITT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -25.19% yearly.
Looking at the last year, MITT shows a quite strong growth in Revenue. The Revenue has grown by 18.40% in the last year.
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.
Based on estimates for the next years, MITT will show a quite strong growth in Revenue. The Revenue will grow by 12.34% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
MITT is valuated reasonably with a Price/Earnings ratio of 8.95.
Based on the Price/Earnings ratio, MITT is valued a bit cheaper than the industry average as 72.46% of the companies are valued more expensively.
MITT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.46.
The Price/Forward Earnings ratio is 8.28, which indicates a very decent valuation of MITT.
MITT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MITT is cheaper than 63.77% of the companies in the same industry.
MITT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.95 | ||
| Fwd PE | 8.28 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, MITT is valued cheaply inside the industry as 92.75% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.67 | ||
| 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
MITT has a Yearly Dividend Yield of 9.81%, which is a nice return.
MITT's Dividend Yield is slightly below the industry average, which is at 12.08.
MITT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.81% |
5.2 History
The dividend of MITT decreases each year by -30.15%.
MITT has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-30.15%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
158.93% of the earnings are spent on dividend by MITT. This is not a sustainable payout ratio.
DP158.93%
EPS Next 2Y-9.62%
EPS Next 3Y0.39%
8.32
+0.06 (+0.73%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners37.17%
Inst Owner Change14.06%
Ins Owners2.96%
Ins Owner Change1.25%
Market Cap264.08M
Revenue(TTM)450.36M
Net Income(TTM)28.23M
Analysts78.33
Price Target8.87 (6.61%)
Short Float %1.49%
Short Ratio2.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.81% |
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)-3.41%
EPS NQ rev (3m)2.16%
EPS NY rev (1m)12.23%
EPS NY rev (3m)14.02%
Revenue NQ rev (1m)1.14%
Revenue NQ rev (3m)1.46%
Revenue NY rev (1m)-0.61%
Revenue NY rev (3m)-2.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.95 | ||
| Fwd PE | 8.28 | ||
| P/S | 0.59 | ||
| P/FCF | 4.67 | ||
| P/OCF | 4.67 | ||
| P/B | 0.47 | ||
| P/tB | 0.47 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.93
EY11.18%
EPS(NY)1
Fwd EY12.08%
FCF(TTM)1.78
FCFY21.41%
OCF(TTM)1.78
OCFY21.41%
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%
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 -35.94% 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%.