ATAX:NSD-America First Tax Exempt Investors (USD)

COMMON STOCK | Mortgage Finance | NSD

Last Closing Price

USD 19.81

Change

+0.14 (+0.71)%

Market Cap

USD 0.44B

Volume

0.10M

Avg Analyst Target

USD 11.67 (-41.11%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


ATAX Stock Forecast & Price:
Based on the America First Tax Exempt Investors stock forecasts from 1 analysts, the average analyst target price for America First Tax Exempt Investors is USD 11.67 over the next 12 months. America First Tax Exempt Investors’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of America First Tax Exempt Investors is Bearish, which is based on 5 positive signals and 12 negative signals. At the last closing, America First Tax Exempt Investors’s stock price was USD 19.81. America First Tax Exempt Investors’s stock price has changed by +1.33% over the past week, +7.31% over the past month and +0.20% over the last year.

About America First Tax Exempt Investors (ATAX:NSD)

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 operat ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2022-08-12 )

Largest Industry Peers for Mortgage Finance

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

+0.75 (+1.63%)

USD3.27B 2.70 5.83
ECPG Encore Capital Group Inc

+1.22 (+2.24%)

USD1.31B 3.97 5.94
SNFCA Security National Financial

+0.01 (+0.13%)

USD0.17B 5.57 N/A

ETFs Containing ATAX

Symbol Name Weight Mer Price(Change) Market Cap
LMLB ETRACS Monthly Pay 2xLeve.. 0.00 % 0.00 %

N/A

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 2.70% 75% C 85% B
Dividend Return 4.67% 100% A+ 93% A
Total Return 7.36% 75% C 88% B+
Trailing 12 Months  
Capital Gain 2.22% 50% F 81% B-
Dividend Return 9.29% 100% A+ 96% A
Total Return 11.51% 50% F 88% B+
Trailing 5 Years  
Capital Gain 9.15% 25% F 49% F
Dividend Return 39.01% 100% A+ 94% A
Total Return 48.15% 75% C 63% D
Average Annual (5 Year Horizon)  
Capital Gain 6.57% 25% F 63% D
Dividend Return 7.59% 100% A+ 94% A
Total Return 14.17% 25% F 71% C-
Risk Return Profile  
Volatility (Standard Deviation) 36.16% 75% C 43% F
Risk Adjusted Return 39.17% 50% F 71% C-
Market Capitalization 0.44B 50% F 56% 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 7.41 25% F 79% C+
Price/Book Ratio 1.34 25% F 61% D-
Price / Cash Flow Ratio 12.88 25% F 24% F
EV/EBITDA 14.06 33% F 22% F
Management Effectiveness  
Return on Equity 15.08% 50% F 79% C+
Return on Invested Capital 8.27% 50% F 70% C-
Return on Assets 4.84% 50% F 80% B-
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Dividend Yield 7.49% 100% A+ 87% B+
Short Ratio 3.96 75% C 44% F
Short Percent 0.67% 75% C 78% C+
Beta 0.60 100% A+ 79% C+
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 Ratings

Target Price Action Rating Action Analyst Rating Price Date

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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:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

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 dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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 equity

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

Poor capital utilization

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

Poor return on assets

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

Overpriced on free cash flow basis

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

Low Earnings Growth

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

Low Revenue Growth

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