AG MORTGAGE INVESTMENT TRUST (MITT) Stock Fundamental Analysis
USA - NYSE:MITT - US0012285013 - REIT
7.78 USD
-0.01 (-0.13%)
7.78 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 has a bad profitability rating. Also its financial health evaluation is rather negative. MITT has a correct valuation and a medium growth rate.
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.
In multiple years MITT reported negative net income over the last 5 years.
Each year in the past 5 years MITT had a positive operating cash flow.
1.2 Ratios
MITT has a Return On Assets (0.34%) which is comparable to the rest of the industry.
MITT's Return On Equity of 4.76% is fine compared to the rest of the industry. MITT outperforms 72.06% of its industry peers.
With a Return On Invested Capital value of 0.38%, MITT perfoms like the industry average, outperforming 55.88% 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 1.19%.
| 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 of 5.90%. This is comparable to the rest of the industry: MITT outperforms 45.59% of its industry peers.
MITT's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 8.29%, MITT perfoms like the industry average, outperforming 42.65% of the companies in the same industry.
In the last couple of years the Operating Margin of MITT has declined.
MITT's Gross Margin of 12.15% is on the low side compared to the rest of the industry. MITT is outperformed by 75.00% of its industry peers.
In the last couple of years the Gross Margin of MITT has declined.
| 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
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
Compared to 1 year ago, MITT has a worse debt to assets ratio.
2.2 Solvency
MITT has an Altman-Z score of -0.12. This is a bad value and indicates that MITT is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -0.12, MITT perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
MITT has a debt to FCF ratio of 128.19. This is a negative value and a sign of low solvency as MITT would need 128.19 years to pay back of all of its debts.
The Debt to FCF ratio of MITT (128.19) is comparable to the rest of the industry.
A Debt/Equity ratio of 12.82 is on the high side and indicates that MITT has dependencies on debt financing.
MITT has a worse Debt to Equity ratio (12.82) than 91.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.82 | ||
| Debt/FCF | 128.19 | ||
| Altman-Z | -0.12 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
MITT has a Current Ratio of 0.15. 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 Current ratio, with a value of 0.15, MITT is in line with its industry, outperforming 48.53% of the companies in the same industry.
MITT has a Quick Ratio of 0.15. 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 Quick ratio of MITT (0.15) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 |
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%.
Measured over the past years, MITT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -25.19% on average per year.
The Revenue has grown by 56.91% in the past year. This is a very strong growth!
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)56.91%
Revenue growth 3Y79.44%
Revenue growth 5Y18.93%
Sales Q2Q%30.31%
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-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
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.
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
The Price/Earnings ratio is 8.37, which indicates a very decent valuation of MITT.
75.00% 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 25.89, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 7.85, which indicates a rather cheap valuation of MITT.
MITT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MITT is cheaper than 66.18% 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 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.37 | ||
| Fwd PE | 7.85 |
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 | 4.6 | ||
| 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 10.36%, MITT is a good candidate for dividend investing.
MITT's Dividend Yield is slightly below the industry average, which is at 13.26.
Compared to an average S&P500 Dividend Yield of 2.36, MITT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.36% |
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
170.19% of the earnings are spent on dividend by MITT. This is not a sustainable payout ratio.
DP170.19%
EPS Next 2Y-10.22%
EPS Next 3Y0.8%
7.78
-0.01 (-0.13%)
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-1.94%
Ins Owners2.94%
Ins Owner Change1.25%
Market Cap246.86M
Revenue(TTM)408.50M
Net Income(TTM)25.54M
Analysts78.33
Price Target8.67 (11.44%)
Short Float %2.23%
Short Ratio3.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.36% |
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)0.59%
EPS NQ rev (1m)0.49%
EPS NQ rev (3m)-8.89%
EPS NY rev (1m)0.49%
EPS NY rev (3m)-21.6%
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 | 8.37 | ||
| Fwd PE | 7.85 | ||
| P/S | 0.57 | ||
| P/FCF | 4.6 | ||
| P/OCF | 4.6 | ||
| P/B | 0.46 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.93
EY11.95%
EPS(NY)0.99
Fwd EY12.74%
FCF(TTM)1.69
FCFY21.73%
OCF(TTM)1.69
OCFY21.73%
SpS13.65
BVpS16.91
TBVpS16.91
PEG (NY)N/A
PEG (5Y)N/A
Graham Number18.81
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)-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)56.91%
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 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 3 / 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 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 170.19%.