AJX Great Ajax Corp

  1. Stocks
  2. Real Estate
  3. NYSE: AJX

Price (delayed)

$10.13

Market cap

$234.85M

P/E Ratio

7.67

Dividend/share

$0.97

EPS

$1.32

Enterprise value

$1.32B

Great Ajax Corp. is a Maryland corporation that is a real estate investment trust, that focuses primarily on acquiring, investing in and managing RPLs secured by single-family residences and commercial ...

Highlights
The stock's price to earnings (P/E) is 17% less than its last 4 quarters average of 8.8 and 16% less than its 5-year quarterly average of 8.7
Great Ajax's debt has decreased by 5% QoQ
The EPS has declined by 11% since the previous quarter but it is up by 3.9% year-on-year
Great Ajax's net income has decreased by 8% QoQ but it has increased by 3.7% YoY
The gross profit is down by 8% since the previous quarter and by 3.7% year-on-year
The revenue has decreased by 6% from the previous quarter and by 2.9% YoY
Sector: Real Estate
Industry: REIT - Mortgage
Website: http://www.greatajax.com
Peers: MGRC MAA

Key stats

What are the main financial stats of AJX
Market
Shares outstanding
23.18M
Market cap
$234.85M
Enterprise value
$1.32B
Valuations
Price to earnings (P/E)
7.67
Price to book (P/B)
0.48
Price to sales (P/S)
3.17
EV/EBIT
34.25
EV/EBITDA
34.25
EV/Sales
18.08
Earnings
Revenue
$73.15M
EBIT
$38.61M
EBITDA
$38.61M
Free cash flow
-$10.01M
Per share
EPS
$1.32
Free cash flow per share
-$0.44
Book value per share
$20.96
Revenue per share
$3.19
TBVPS
$73.55
Balance sheet
Total assets
$1.69B
Total liabilities
$1.2B
Debt
$1.16B
Equity
$485.13M
Working capital
N/A
Liquidity
Debt to equity
2.4
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
28.17
Margins
EBITDA margin
52.8%
Gross margin
76.5%
Net margin
52.5%
Operating margin
52.9%
Efficiency
Return on assets
1.8%
Return on equity
6.2%
Return on invested capital
1.4%
Return on capital employed
N/A
Return on sales
52.8%
Dividend
Dividend yield
9.58%
DPS
$0.97
Payout ratio
73.5%

AJX stock price

How has the Great Ajax stock price performed over time
Intraday
5.3%
1 week
9.75%
1 month
0.4%
1 year
-21.17%
YTD
-23.02%
QTD
-13.64%

Financial performance

How have Great Ajax's revenue and profit performed over time
Revenue
$73.15M
Gross profit
$56M
Operating income
$38.72M
Net income
$38.44M
Gross margin
76.5%
Net margin
52.5%
The operating income has declined by 16% year-on-year and by 11% since the previous quarter
The operating margin is down by 14% year-on-year and by 5% since the previous quarter
Great Ajax's net income has decreased by 8% QoQ but it has increased by 3.7% YoY
The gross profit is down by 8% since the previous quarter and by 3.7% year-on-year

Growth

What is Great Ajax's growth rate over time

Valuation

What is Great Ajax stock price valuation
P/E
7.67
P/B
0.48
P/S
3.17
EV/EBIT
34.25
EV/EBITDA
34.25
EV/Sales
18.08
The stock's price to earnings (P/E) is 17% less than its last 4 quarters average of 8.8 and 16% less than its 5-year quarterly average of 8.7
The EPS has declined by 11% since the previous quarter but it is up by 3.9% year-on-year
AJX's price to book (P/B) is 34% less than its 5-year quarterly average of 0.7 and 23% less than its last 4 quarters average of 0.6
The equity has contracted by 2.4% from the previous quarter
The price to sales (P/S) is 25% less than the 5-year quarterly average of 4.0 and 21% less than the last 4 quarters average of 3.8
The revenue has decreased by 6% from the previous quarter and by 2.9% YoY

Efficiency

How efficient is Great Ajax business performance
The return on equity has declined by 10% since the previous quarter
The return on assets has declined by 10% since the previous quarter
AJX's return on invested capital is down by 7% since the previous quarter
The return on sales is up by 7% year-on-year but it has declined by 2.2% since the previous quarter

Dividends

What is AJX's dividend history
DPS
$0.97
Dividend yield
9.58%
Payout ratio
73.5%
Recent dividends

Financial health

How did Great Ajax financials performed over time
AJX's total assets is 41% greater than its total liabilities
The total liabilities is down by 4.8% since the previous quarter
AJX's total assets is down by 4.2% since the previous quarter
Great Ajax's debt is 140% higher than its equity
Great Ajax's debt has decreased by 5% QoQ
AJX's debt to equity is down by 2.4% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.