ADAM

Adamas Trust, Inc.

Fundamental data last updated:May 14, 2026

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company profile

SECTOR

Real Estate

industry

REIT - Mortgage

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

07/29/2026

Business Summary

Adamas Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. The company's targeted residential loans, including business purpose loans; agency RMBS; non-agency residential mortgage-backed securities (RMBS); structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; and other mortgage-, residential housing- and credit-related assets and strategic investments; and commercial mortgage-backed securities (CMBS). It also owns and manages single-family rental properties. The company qualifies as a real estate investment trust for 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. Adamas Trust, Inc. was formerly known as New York Mortgage Trust, Inc. and changed its name to Adamas Trust, Inc. in September 2025. Adamas Trust, Inc. was incorporated in 2003 and is headquartered in New York, New York.

 


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VALUATION

P/E

5.22

Market Cap ($M USD)

$806.50M

Forward P/E

6.58

PEG

-0.32

PRICE TO SALES

0.91

PRICE TO BOOK

0.56

EV / EBITDA

52.00

5-Year Average P/E

Free Cash Flow Yield

11.23%

DCF Value

$40.86

Graham Number

$24.98

Price to FCF

8.91

EV to FCF

129.74

Earnings Yield

19.17%

FCF Yield

11.23%

DIVIDEND

Yield

9.92%

Annual Payout

$0.89

Payout Ratio

81.29%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$1.72

Next Year EPS Growth Estimate

$1.36

Next Year Revenue Growth Estimate

$26.45B

Return on Equity (ROE)

11.00%

FREE CASH FLOW

Operating Margin

21.09%

Debt-to-Equity

7.71

Piotroski F-Score

7

Altman Z-Score

-0.63

Return on Invested Capital (ROIC)

3.24%

Current Ratio

0.03

Quick Ratio

0.03

Net Debt to EBITDA

48.43

Interest Coverage

0.39

Gross Profit margin

45.85%

FCF PER SHARE

$1.00

REVENUE PER SHARE

$9.80

Analyze ADAM on TradingView

Gainseekers Quantitative Analysis

Summary

The market appears to be significantly undervaluing ADAM Adamas Trust, Inc. relative to its DCF Value and Graham Number. With a Price/Book ratio of 0.55, the stock trades at a deep discount, suggesting potential upside. However, the Forward P/E of 6.48 and an Earnings Yield of 19.49% indicate a cautious market sentiment, likely due to its precarious Altman Z-score of -0.63, signaling financial distress. Despite these concerns, the stock’s valuation metrics suggest a mispricing that could attract deep value investors.

AI Exposure / Tech Reliance

Operating in the REIT - Mortgage sector, ADAM Adamas Trust, Inc. faces challenges in adapting to AI and tech shifts. The industry is traditionally slow to integrate cutting-edge technology, but the company's focus on real estate could benefit from AI-driven property valuation models. However, its resilience will depend on management's ability to leverage these technologies effectively.

The Bull Case

For the value or GARP investor, ADAM Adamas Trust, Inc. presents an intriguing opportunity. The company boasts a robust ROIC of 3.24% and a solid FCF Yield of 11.41%, indicating efficient capital allocation and strong cash generation. A Piotroski F-Score of 7 suggests sound financial health, while an Operating Margin of 21.09% highlights its pricing power. These metrics paint a picture of a company with the potential for sustainable growth and profitability.

The Bear Case

Despite its attractive valuation, ADAM Adamas Trust, Inc. is not without significant risks. The company's Debt/Equity ratio of 7.71 is alarmingly high, raising concerns about its leverage and financial stability. Additionally, the Net Debt to EBITDA ratio of 48.43 and an Interest Coverage of just 0.39 highlight potential liquidity issues. Trading near its 52-week high, the stock may also be technically overextended, posing a risk for investors seeking a margin of safety.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

1.26

Insider Buying % (6 Mo)

Distance to 52-Week High

3.84%

Distance to 52-Week Low

31.36%

EARNINGS SURPRISE %

238.12%

50-DAY SMA

$7.93

200-DAY SMA

$7.47

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.