Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 1.26
ATAX's Cash to Debt is ranked lower than
51% of the 984 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.36 vs. ATAX: 1.26 )
Ranked among companies with meaningful Cash to Debt only.
ATAX' s 10-Year Cash to Debt Range
Min: 0.06  Med: 1.00 Max: No Debt
Current: 1.26
Equity to Asset 0.36
ATAX's Equity to Asset is ranked higher than
95% of the 1355 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.10 vs. ATAX: 0.36 )
Ranked among companies with meaningful Equity to Asset only.
ATAX' s 10-Year Equity to Asset Range
Min: 0.22  Med: 0.48 Max: 0.99
Current: 0.36
0.22
0.99
Interest Coverage 1.32
ATAX's Interest Coverage is ranked lower than
55% of the 1272 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.60 vs. ATAX: 1.32 )
Ranked among companies with meaningful Interest Coverage only.
ATAX' s 10-Year Interest Coverage Range
Min: 0.04  Med: 10000.00 Max: 9999.99
Current: 1.32
0.04
9999.99
F-Score: 5
Z-Score: 1.40
M-Score: -2.40
WACC vs ROIC
3.38%
3.76%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 28.89
ATAX's Operating margin (%) is ranked lower than
54% of the 1425 Companies
in the Global Specialty Finance industry.

( Industry Median: 30.25 vs. ATAX: 28.89 )
Ranked among companies with meaningful Operating margin (%) only.
ATAX' s 10-Year Operating margin (%) Range
Min: -13.92  Med: 11.96 Max: 85.54
Current: 28.89
-13.92
85.54
Net-margin (%) 29.33
ATAX's Net-margin (%) is ranked higher than
71% of the 1425 Companies
in the Global Specialty Finance industry.

( Industry Median: 22.01 vs. ATAX: 29.33 )
Ranked among companies with meaningful Net-margin (%) only.
ATAX' s 10-Year Net-margin (%) Range
Min: -262.64  Med: 67.22 Max: 128.25
Current: 29.33
-262.64
128.25
ROE (%) 5.03
ATAX's ROE (%) is ranked lower than
73% of the 1427 Companies
in the Global Specialty Finance industry.

( Industry Median: 8.44 vs. ATAX: 5.03 )
Ranked among companies with meaningful ROE (%) only.
ATAX' s 10-Year ROE (%) Range
Min: -71.65  Med: 5.94 Max: 57.91
Current: 5.03
-71.65
57.91
ROA (%) 2.18
ATAX's ROA (%) is ranked higher than
88% of the 1436 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.87 vs. ATAX: 2.18 )
Ranked among companies with meaningful ROA (%) only.
ATAX' s 10-Year ROA (%) Range
Min: -27.56  Med: 3.96 Max: 17.03
Current: 2.18
-27.56
17.03
ROC (Joel Greenblatt) (%) 7.60
ATAX's ROC (Joel Greenblatt) (%) is ranked lower than
56% of the 108 Companies
in the Global Specialty Finance industry.

( Industry Median: 14.37 vs. ATAX: 7.60 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
ATAX' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -3.23  Med: 3.51 Max: 9.15
Current: 7.6
-3.23
9.15
Revenue Growth (3Y)(%) -3.80
ATAX's Revenue Growth (3Y)(%) is ranked lower than
76% of the 1215 Companies
in the Global Specialty Finance industry.

( Industry Median: 2.10 vs. ATAX: -3.80 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
ATAX' s 10-Year Revenue Growth (3Y)(%) Range
Min: 0  Med: -8.30 Max: 17.7
Current: -3.8
0
17.7
EBITDA Growth (3Y)(%) 20.50
ATAX's EBITDA Growth (3Y)(%) is ranked higher than
79% of the 1072 Companies
in the Global Specialty Finance industry.

( Industry Median: 7.60 vs. ATAX: 20.50 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
ATAX' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0  Med: -100.00 Max: 60.4
Current: 20.5
0
60.4
» ATAX's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2014

ATAX Guru Trades in Q3 2014

Jim Simons 22,200 sh (-72.89%)
» More
Q4 2014

ATAX Guru Trades in Q4 2014

Jim Simons 180,498 sh (+713.05%)
» More
Q1 2015

ATAX Guru Trades in Q1 2015

Jim Simons 80,616 sh (-55.34%)
» More
Q2 2015

ATAX Guru Trades in Q2 2015

Jim Simons 133,968 sh (+66.18%)
» More
» Details

Insider Trades

Latest Guru Trades with ATAX

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 21.55
ATAX's P/E(ttm) is ranked lower than
82% of the 1293 Companies
in the Global Specialty Finance industry.

( Industry Median: 13.10 vs. ATAX: 21.55 )
Ranked among companies with meaningful P/E(ttm) only.
ATAX' s 10-Year P/E(ttm) Range
Min: 3.1  Med: 26.10 Max: 646.67
Current: 21.55
3.1
646.67
Forward P/E 13.33
ATAX's Forward P/E is ranked lower than
64% of the 714 Companies
in the Global Specialty Finance industry.

( Industry Median: 11.85 vs. ATAX: 13.33 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 21.10
ATAX's PE(NRI) is ranked lower than
82% of the 1291 Companies
in the Global Specialty Finance industry.

( Industry Median: 13.20 vs. ATAX: 21.10 )
Ranked among companies with meaningful PE(NRI) only.
ATAX' s 10-Year PE(NRI) Range
Min: 5.64  Med: 31.67 Max: 99999999.99
Current: 21.1
5.64
99999999.99
P/B 1.16
ATAX's P/B is ranked lower than
57% of the 1370 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.06 vs. ATAX: 1.16 )
Ranked among companies with meaningful P/B only.
ATAX' s 10-Year P/B Range
Min: 0.9  Med: 1.40 Max: 3.13
Current: 1.16
0.9
3.13
P/S 5.76
ATAX's P/S is ranked lower than
87% of the 1409 Companies
in the Global Specialty Finance industry.

( Industry Median: 2.86 vs. ATAX: 5.76 )
Ranked among companies with meaningful P/S only.
ATAX' s 10-Year P/S Range
Min: 3.34  Med: 5.70 Max: 10.59
Current: 5.76
3.34
10.59
PFCF 29.49
ATAX's PFCF is ranked lower than
88% of the 863 Companies
in the Global Specialty Finance industry.

( Industry Median: 10.51 vs. ATAX: 29.49 )
Ranked among companies with meaningful PFCF only.
ATAX' s 10-Year PFCF Range
Min: 14.34  Med: 28.18 Max: 582
Current: 29.49
14.34
582
POCF 14.73
ATAX's POCF is ranked lower than
76% of the 956 Companies
in the Global Specialty Finance industry.

( Industry Median: 9.00 vs. ATAX: 14.73 )
Ranked among companies with meaningful POCF only.
ATAX' s 10-Year POCF Range
Min: 11.92  Med: 19.45 Max: 149.5
Current: 14.73
11.92
149.5
EV-to-EBIT 6.51
ATAX's EV-to-EBIT is ranked higher than
86% of the 1284 Companies
in the Global Specialty Finance industry.

( Industry Median: 13.41 vs. ATAX: 6.51 )
Ranked among companies with meaningful EV-to-EBIT only.
ATAX' s 10-Year EV-to-EBIT Range
Min: -265.8  Med: 18.55 Max: 711.7
Current: 6.51
-265.8
711.7
PEG 0.65
ATAX's PEG is ranked higher than
68% of the 619 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.00 vs. ATAX: 0.65 )
Ranked among companies with meaningful PEG only.
ATAX' s 10-Year PEG Range
Min: 0.51  Med: 0.84 Max: 59.46
Current: 0.65
0.51
59.46
Shiller P/E 33.70
ATAX's Shiller P/E is ranked lower than
87% of the 786 Companies
in the Global Specialty Finance industry.

( Industry Median: 15.81 vs. ATAX: 33.70 )
Ranked among companies with meaningful Shiller P/E only.
ATAX' s 10-Year Shiller P/E Range
Min: 7.13  Med: 44.33 Max: 662.6
Current: 33.7
7.13
662.6
Current Ratio 9.98
ATAX's Current Ratio is ranked higher than
82% of the 78 Companies
in the Global Specialty Finance industry.

( Industry Median: 2.07 vs. ATAX: 9.98 )
Ranked among companies with meaningful Current Ratio only.
ATAX' s 10-Year Current Ratio Range
Min: 1.44  Med: 23.13 Max: 48.09
Current: 9.98
1.44
48.09
Quick Ratio 9.98
ATAX's Quick Ratio is ranked higher than
82% of the 78 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.85 vs. ATAX: 9.98 )
Ranked among companies with meaningful Quick Ratio only.
ATAX' s 10-Year Quick Ratio Range
Min: 1.44  Med: 23.13 Max: 48.09
Current: 9.98
1.44
48.09
Days Sales Outstanding 35.47
ATAX's Days Sales Outstanding is ranked lower than
52% of the 795 Companies
in the Global Specialty Finance industry.

( Industry Median: 34.20 vs. ATAX: 35.47 )
Ranked among companies with meaningful Days Sales Outstanding only.
ATAX' s 10-Year Days Sales Outstanding Range
Min: 3.42  Med: 28.24 Max: 123.11
Current: 35.47
3.42
123.11

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 9.41
ATAX's Dividend Yield is ranked higher than
96% of the 2258 Companies
in the Global Specialty Finance industry.

( Industry Median: 2.76 vs. ATAX: 9.41 )
Ranked among companies with meaningful Dividend Yield only.
ATAX' s 10-Year Dividend Yield Range
Min: 6.51  Med: 8.33 Max: 12.56
Current: 9.41
6.51
12.56
Dividend Payout 2.05
ATAX's Dividend Payout is ranked lower than
75% of the 1330 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.33 vs. ATAX: 2.05 )
Ranked among companies with meaningful Dividend Payout only.
ATAX' s 10-Year Dividend Payout Range
Min: 0.08  Med: 1.32 Max: 62.5
Current: 2.05
0.08
62.5
Yield on cost (5-Year) 9.25
ATAX's Yield on cost (5-Year) is ranked higher than
88% of the 2253 Companies
in the Global Specialty Finance industry.

( Industry Median: 3.23 vs. ATAX: 9.25 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
ATAX' s 10-Year Yield on cost (5-Year) Range
Min: 6.41  Med: 8.21 Max: 12.37
Current: 9.25
6.41
12.37
Share Buyback Rate -25.40
ATAX's Share Buyback Rate is ranked lower than
90% of the 1013 Companies
in the Global Specialty Finance industry.

( Industry Median: -1.90 vs. ATAX: -25.40 )
Ranked among companies with meaningful Share Buyback Rate only.
ATAX' s 10-Year Share Buyback Rate Range
Min: 1.1  Med: 0.00 Max: -30.9
Current: -25.4

Valuation & Return

vs
industry
vs
history
Price/Net Cash 2.87
ATAX's Price/Net Cash is ranked higher than
55% of the 11 Companies
in the Global Specialty Finance industry.

( Industry Median: 2.83 vs. ATAX: 2.87 )
Ranked among companies with meaningful Price/Net Cash only.
ATAX' s 10-Year Price/Net Cash Range
Min: 0.87  Med: 4.16 Max: 524
Current: 2.87
0.87
524
Price/Net Current Asset Value 2.61
ATAX's Price/Net Current Asset Value is ranked higher than
53% of the 38 Companies
in the Global Specialty Finance industry.

( Industry Median: 2.73 vs. ATAX: 2.61 )
Ranked among companies with meaningful Price/Net Current Asset Value only.
ATAX' s 10-Year Price/Net Current Asset Value Range
Min: 2.25  Med: 5.19 Max: 199.33
Current: 2.61
2.25
199.33
Price/Tangible Book 1.14
ATAX's Price/Tangible Book is ranked higher than
51% of the 1347 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.13 vs. ATAX: 1.14 )
Ranked among companies with meaningful Price/Tangible Book only.
ATAX' s 10-Year Price/Tangible Book Range
Min: 0.69  Med: 1.18 Max: 2.94
Current: 1.14
0.69
2.94
Price/Projected FCF 1.44
ATAX's Price/Projected FCF is ranked lower than
88% of the 805 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.65 vs. ATAX: 1.44 )
Ranked among companies with meaningful Price/Projected FCF only.
ATAX' s 10-Year Price/Projected FCF Range
Min: 0.45  Med: 1.25 Max: 2.55
Current: 1.44
0.45
2.55
Price/Median PS Value 1.03
ATAX's Price/Median PS Value is ranked higher than
53% of the 1310 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.04 vs. ATAX: 1.03 )
Ranked among companies with meaningful Price/Median PS Value only.
ATAX' s 10-Year Price/Median PS Value Range
Min: 0.65  Med: 1.21 Max: 10.13
Current: 1.03
0.65
10.13
Price/Peter Lynch Fair Value 0.85
ATAX's Price/Peter Lynch Fair Value is ranked higher than
57% of the 371 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.91 vs. ATAX: 0.85 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
ATAX' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.15  Med: 1.19 Max: 58.38
Current: 0.85
0.15
58.38
Price/Graham Number 1.01
ATAX's Price/Graham Number is ranked lower than
68% of the 1181 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.82 vs. ATAX: 1.01 )
Ranked among companies with meaningful Price/Graham Number only.
ATAX' s 10-Year Price/Graham Number Range
Min: 0.42  Med: 0.78 Max: 22.07
Current: 1.01
0.42
22.07
Earnings Yield (Greenblatt) (%) 15.44
ATAX's Earnings Yield (Greenblatt) (%) is ranked higher than
88% of the 1408 Companies
in the Global Specialty Finance industry.

( Industry Median: 6.80 vs. ATAX: 15.44 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
ATAX' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 0.1  Med: 2.60 Max: 15.35
Current: 15.44
0.1
15.35
Forward Rate of Return (Yacktman) (%) 34.73
ATAX's Forward Rate of Return (Yacktman) (%) is ranked higher than
80% of the 792 Companies
in the Global Specialty Finance industry.

( Industry Median: 14.82 vs. ATAX: 34.73 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
ATAX' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: -26.8  Med: 9.10 Max: 40.5
Current: 34.73
-26.8
40.5

Analyst Estimate

Dec15 Dec16
Revenue(Mil) 60 67
EPS($) 0.36 0.40
EPS without NRI($) 0.36 0.40

Business Description

Industry: Banks » Specialty Finance
Compare:HKXCY, WU, ASXFY, CIT, KFN » details
Traded in other countries:FTX.Germany,
America First Multifamily Investors LP was formed on April 2, 1998, under the Delaware Revised Uniform Limited Partnership Act. The Company is engaged in acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds which have been issued to provide construction and/or permanent financing of multifamily residential apartments. Its general partner is America First Capital Associates Limited Partnership Two. It provides construction and/or permanent financing of 32 multifamily residential apartments containing a total of 5,409 rental units located in the states of California, Florida, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, North Carolina, Ohio, South Carolina, Tennessee, and Texas. In each case the Company owns, either directly or indirectly, 100% of the bonds issued for these properties. Each bond is secured by a mortgage or deed of trust on the financed apartment property. The Company currently operates in five reportable business segments; Mortgage Revenue Bond Investments; MF Properties; Public Housing Capital Fund Trusts; MBS Investments; and Consolidated VIEs. The Company invests in mortgage revenue bonds that are secured by a mortgage or deed of trust on multifamily apartment projects. Each of these bonds bears interest at a fixed annual base rate. It may invest in other types of securities that may or may not be secured by real estate. Public housing capital fund trusts consist of custodial receipts evidencing loans made to a number of public housing authorities. It also invests in state-issued MBS that are backed by residential mortgage loans. These MBS are rated investment grade by Standard & Poor's or Moody's. The Company competes with private investors, lending institutions, trust funds, investment partnerships, and other entities with objectives similar to the Company for the acquisition of mortgage revenue bonds and other investments. The Company believes that each of the MF Properties and the properties collateralizing its mortgage revenue bonds are in compliance, in all material respects, with federal, state and local regulations regarding hazardous waste and other environmental matters and is not aware of any environmental contamination at any of such properties that would require any material capital expenditure by the underlying properties, and therefore the Company, for the remediation thereof.
» More Articles for ATAX

Headlines

Articles On GuruFocus.com
Best Yielding Mortgage Investment Stocks Jul 11 2011 
America First Tax Exempt Investors L.P. Reports Operating Results (10-K) Mar 14 2011 
America First Tax Exempt Investors L.P. Reports Operating Results (10-Q) Aug 09 2010 
America First Tax Exempt Investors L.P. Reports Operating Results (10-Q) Nov 06 2009 
America First Tax Exempt Investors L.P. Reports Operating Results (10-Q) Aug 07 2009 
America First Tax Exempt Investors L.P. Reports Operating Results (10-Q) May 12 2009 

More From Other Websites
AMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Other Events, Financial Statements and... Sep 04 2015
America First Multifamily Investors, L.P. Successfully Exchanges the Suites on Paseo Mortgage... Sep 03 2015
America First Multifamily Investors, L.P. Proxy Statement Pursuant to Section 14(a) of the Security... Sep 02 2015
Weakness Seen in Virtus Investment Partners (VRTS): Stock Tumbles 10.8% Sep 02 2015
ATAX Q2 Earnings Call Audio Replay Aug 20 2015
America First Multifamily Investors, L.P. Announces the Sale of a Multifamily Property Aug 18 2015
AMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Other Events, Financial Statements and... Aug 18 2015
America First Multifamily Investors, L.P. Announces the Sale of a Multifamily Property Aug 18 2015
AMERICA FIRST MULTIFAMILY INVESTORS, L.P. Financials Aug 13 2015
AMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Other Events, Financial Statements and... Aug 10 2015
10-Q for America First Multifamily Investors LP Aug 09 2015
AMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 10-Q, Quarterly Report Aug 06 2015
America First Multifamily Investors, L.P. Schedules Second Quarter 2015 Conference Call for Monday,... Jul 31 2015
America First Multifamily Investors, L.P. Schedules Second Quarter 2015 Conference Call for Monday,... Jul 31 2015
America First Multifamily Investors, L.P. Announces Funding of New Secured Credit Facility Jul 29 2015
AMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Entry into a Material Definitive... Jul 16 2015
America First Multifamily Investors, L.P. Announces Funding of New Secured Credit Facility Jul 13 2015
AMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Other Events Jun 12 2015
ATAX Q1 Earnings Call Audio Replay May 21 2015
America First Multifamily Investors, L.P. Closes on an Unsecured Line of Credit of Up to $50 Million... May 20 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK