ATAX:NSD-America First Multifamily Investors, L.P (USD)

COMMON STOCK | Mortgage Finance | NSD

Last Closing Price

USD 6.93

Change

+0.18 (+2.67)%

Market Cap

USD 0.41B

Volume

0.24M

Avg Analyst Target

N/A

Avg User Target

USD
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

America First Multifamily Investors, L.P. acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction and/or permanent financing for multifamily and student housing, and residential and commercial properties. It operates through four segments: Mortgage Revenue Bond Investments, MF Properties, Public Housing Capital Fund Trusts, and Other Investments. As of December 31, 2020, the company owned 77 MRBs issued by state and local housing authorities in order to provide construction or permanent financing for 71 residential properties comprising a total of 11,851 rental units located in 15 states; and 3 governmental issuer loans related to 3 residential properties containing a total of 737 rental units located in 3 states in the United States. America First Capital Associates Limited Partnership Two serves as the general partner of the company. The company was founded in 1998 and is based in Omaha, Nebraska.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-07-28 )

Largest Industry Peers for Mortgage Finance

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
COOP Mr. Cooper Group Inc

+1.26 (+3.61%)

USD2.95B 3.18 7.61
TREE LendingTree, Inc

+8.65 (+4.46%)

USD2.58B 134.47 41.74
ECPG Encore Capital Group, Inc

-0.04 (-0.08%)

USD1.47B 4.75 6.91
MRCC Monroe Capital Corporation

-0.09 (-0.83%)

USD0.23B 5.03 24.25
MMAC MMA Capital Holdings, Inc

+0.02 (+0.07%)

USD0.16B 47.52 N/A
ASPS Altisource Portfolio Solutions..

+0.10 (+1.21%)

USD0.13B 1.60 19.03

ETFs Containing ATAX

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Mortgage Finance)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 63.06% 100% A+ 90% A-
Dividend Return 4.71% 50% F 93% A
Total Return 67.76% 100% A+ 91% A-
Trailing 12 Months  
Capital Gain 75.89% 86% B 77% C+
Dividend Return 8.12% 50% F 89% B+
Total Return 84.01% 71% C- 79% C+
Trailing 5 Years  
Capital Gain 22.44% 43% F 41% F
Dividend Return 39.93% 100% A+ 95% A
Total Return 62.37% 71% C- 55% F
Average Annual (5 Year Horizon)  
Capital Gain 0.24% 43% F 27% F
Dividend Return 7.51% 50% F 94% A
Total Return 7.74% 57% F 44% F
Risk Return Profile  
Volatility (Standard Deviation) 29.16% 71% C- 61% D-
Risk Adjusted Return 26.55% 43% F 42% F
Market Capitalization 0.41B 57% F 48% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Mortgage Finance)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 56.25 29% F 19% F
Price/Book Ratio 1.19 29% F 80% B-
Price / Cash Flow Ratio 25.86 14% F 17% F
EV/EBITDA 14.06 67% D+ 57% F
Management Effectiveness  
Return on Equity 2.61% 57% F 58% F
Return on Invested Capital -0.01% 29% F 53% F
Return on Assets 1.03% 43% F 54% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 1.91 71% C- 60% D-
Short Percent 0.53% 86% B 86% B
Beta 0.61 86% B 82% B-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

No discussions yet

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector