AJX:NYE-Great Ajax Corp (USD)

COMMON STOCK | REIT—Mortgage | NYE

Last Closing Price

USD 8.69

Change

0.00 (0.00)%

Market Cap

USD 0.21B

Volume

0.12M

Average Target Price

USD 11.25 (+29.46%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Great Ajax Corp., real estate company, acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. The company also holds real estate-owned properties acquired upon the foreclosure or other settlement of its non-performing loans, as well as through outright purchases. In addition, it provides loans secured by multi-family residential and smaller commercial mixed-use retail/residential properties; and invests in multi-family residential and smaller commercial mixed use retail/residential properties. The company elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Great Ajax Corp. was founded in 2014 and is based in Beaverton, Oregon.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-07-03 )

Largest Industry Peers for REIT—Mortgage

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
NLY-PD Annaly Capital Management, Inc

N/A

USD12.63B N/A N/A
NLY-PF Annaly Capital Management, Inc

N/A

USD11.20B N/A N/A
NLY-PG Annaly Capital Management, Inc

N/A

USD11.09B N/A N/A
NLY Annaly Capital Management, Inc

N/A

USD9.46B 64.90 N/A
STWD Starwood Property Trust, Inc

N/A

USD4.25B 12.00 N/A
BXMT Blackstone Mortgage Trust, Inc

N/A

USD3.54B 19.00 N/A
NRZ New Residential Investment Cor..

N/A

USD3.07B 4.37 N/A
CIM-PA Chimera Investment Corporation

N/A

USD3.05B 8.50 N/A
TWO-PA Two Harbors Investment Corp

N/A

USD2.99B 17.73 N/A
TWO-PB Two Harbors Investment Corp

N/A

USD2.94B 16.86 N/A

ETFs Containing AJX

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (REIT—Mortgage)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -41.32% 35% F 14% F
Dividend Return 3.31% 65% D 90% A-
Total Return -38.01% 35% F 16% F
Trailing 12 Months  
Capital Gain -36.29% 40% F 19% F
Dividend Return 8.28% 73% C 95% A
Total Return -28.01% 42% F 24% F
Trailing 5 Years  
Capital Gain -38.80% 64% D 25% F
Dividend Return 39.58% 12% F 93% A
Total Return 0.77% 48% F 39% F
Average Annual (5 Year Horizon)  
Capital Gain 1.01% 61% D- 51% F
Dividend Return 8.72% 32% F 93% A
Total Return 9.72% 58% F 72% C-
Risk Return Profile  
Volatility (Standard Deviation) 15.30% 73% C 68% D+
Risk Adjusted Return 63.50% 79% C+ 85% B
Market Capitalization 0.21B 17% F 34% F
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%

Key Financial Ratios

  Ratio vs. Industry/Classification
(REIT—Mortgage)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 7.18 69% D+ 83% B
Price/Book Ratio 0.62 79% C+ 85% B
Price / Cash Flow Ratio -13.69 97% A+ 94% A
EV/EBITDA 16.82 11% F 25% F
Management Effectiveness  
Return on Equity 8.78% 97% A+ 56% F
Return on Invested Capital 3.15% 76% C 31% F
Return on Assets 1.93% 97% A+ 43% F
Debt to Equity Ratio 214.38% 16% F 14% F
Technical Ratios  
Short Ratio 1.38 66% D 58% F
Short Percent 2.00% 91% A- 74% C
Beta 1.59 34% F 22% F
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

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive free cash flow

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

Superior Earnings Growth

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

Superior Revenue Growth

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

Superior Dividend Growth

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

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

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.

Below median total returns

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

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Negative cashflow

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

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.