ADAM

Adamas Trust, Inc.

Fundamental data last updated:November 4, 2026

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

company profile

SECTOR

Real Estate

industry

REIT - Mortgage

Exchange

NASDAQ

County of HQ

United States

Next Earnings Date

02/17/2027

Business Summary

Adamas Trust, Inc. operates as a mortgage REIT, generating cash through interest income from its mortgage-backed securities portfolio. The company's competitive moat lies in its ability to leverage scale and expertise in managing complex financial instruments. By offering attractive yields, it locks in institutional investors seeking income. However, its success hinges on effective risk management and navigating interest rate fluctuations.

 


Analyze ADAM on TradingView

VALUATION

P/E

-12.11

Market Cap ($M USD)

$587.81M

Forward P/E

21.87

PEG

0.18

PRICE TO SALES

0.64

PRICE TO BOOK

0.46

EV / EBITDA

37.33

5-Year Average P/E

Free Cash Flow Yield

25.42%

DCF Value

$12.39

Graham Number

$28.73

Price to FCF

3.93

EV to FCF

82.52

Earnings Yield

-0.31%

FCF Yield

25.42%

DIVIDEND

Yield

15.75%

Annual Payout

$1.03

Payout Ratio

-5411.40%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$0.02

Next Year EPS Growth Estimate

$0.30

Next Year Revenue Growth Estimate

$283.54M

Return on Equity (ROE)

-0.13%

FREE CASH FLOW

Operating Margin

31.83%

Debt-to-Equity

9.43

Piotroski F-Score

6

Altman Z-Score

0.02

Return on Invested Capital (ROIC)

3.82%

Current Ratio

1.02

Quick Ratio

1.02

Net Debt to EBITDA

35.55

Interest Coverage

0.56

Gross Profit margin

66.08%

FCF PER SHARE

$1.66

REVENUE PER SHARE

$10.18

Analyze ADAM on TradingView

Gainseekers Quantitative Analysis

Summary

Adamas Trust, Inc. appears to be a classic case of market mispricing. Despite a DCF value nearly double the recent trading price, the stock’s valuation metrics paint a complex picture. The Forward P/E of 21.87 suggests optimism, yet the negative Earnings Yield and dismal Altman Z-score of 0.02 highlight significant financial distress. The market seems to be betting on a turnaround, but the negative P/E and ROE indicate underlying challenges. This is a speculative play with potential upside if management can execute effectively.

AI Exposure / Tech Reliance

Operating in the REIT - Mortgage sector, Adamas Trust is not directly exposed to AI or tech shifts. However, advancements in data analytics could enhance their risk assessment and portfolio management. The company's resilience will depend on its ability to integrate these technologies into its operations.

The Bull Case

For value investors, Adamas Trust offers intriguing prospects. The ROIC of 3.82% and a robust FCF Yield of 25.42% suggest efficient capital use. A Piotroski F-Score of 6 indicates moderate financial health, while an Operating Margin of 31.83% reflects strong pricing power. These metrics suggest that, despite current challenges, the company has the potential to generate substantial returns if it can stabilize its operations.

The Bear Case

The bear case for Adamas Trust is compelling. The company's Debt/Equity ratio of 9.43 is alarmingly high, signaling potential solvency issues. With a Net Debt to EBITDA of 35.55, the leverage is concerning, especially given the low Interest Coverage ratio of 0.56. The negative EPS and a Payout Ratio of -5411.40% further underscore the financial instability. These factors suggest a precarious position that could deter risk-averse investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$8.50

Institutional Ownership %

1-Year Beta

1.30

Insider Buying % (6 Mo)

Distance to 52-Week High

58.41%

Distance to 52-Week Low

0.00%

EARNINGS SURPRISE %

-993.62%

50-DAY SMA

$8.46

200-DAY SMA

$8.55

⚠️ 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.