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 : 7/10

vs
industry
vs
history
Cash to Debt 1.65
ATAX's Cash to Debt is ranked higher than
75% of the 1254 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.36 vs. ATAX: 1.65 )
ATAX' s 10-Year Cash to Debt Range
Min: 0.06   Max: No Debt
Current: 1.65

Equity to Asset -0.03
ATAX's Equity to Asset is ranked lower than
56% of the 1643 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.09 vs. ATAX: -0.03 )
ATAX' s 10-Year Equity to Asset Range
Min: -0.14   Max: 0.99
Current: -0.03

-0.14
0.99
Interest Coverage 3.01
ATAX's Interest Coverage is ranked higher than
84% of the 1455 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.21 vs. ATAX: 3.01 )
ATAX' s 10-Year Interest Coverage Range
Min: 0.04   Max: 9999.99
Current: 3.01

0.04
9999.99
F-Score: 5
Z-Score: 1.52
M-Score: -2.05
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 (%) 46.04
ATAX's Operating margin (%) is ranked higher than
91% of the 1599 Companies
in the Global Specialty Finance industry.

( Industry Median: 29.41 vs. ATAX: 46.04 )
ATAX' s 10-Year Operating margin (%) Range
Min: -11.18   Max: 85.54
Current: 46.04

-11.18
85.54
Net-margin (%) 74.93
ATAX's Net-margin (%) is ranked higher than
98% of the 1618 Companies
in the Global Specialty Finance industry.

( Industry Median: 21.45 vs. ATAX: 74.93 )
ATAX' s 10-Year Net-margin (%) Range
Min: -262.64   Max: 128.25
Current: 74.93

-262.64
128.25
ROA (%) 6.63
ATAX's ROA (%) is ranked higher than
99% of the 1621 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.75 vs. ATAX: 6.63 )
ATAX' s 10-Year ROA (%) Range
Min: -31.92   Max: 17.54
Current: 6.63

-31.92
17.54
ROC (Joel Greenblatt) (%) 20.23
ATAX's ROC (Joel Greenblatt) (%) is ranked higher than
56% of the 1574 Companies
in the Global Specialty Finance industry.

( Industry Median: 73.99 vs. ATAX: 20.23 )
ATAX' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -2.73   Max: 20.23
Current: 20.23

-2.73
20.23
Revenue Growth (%) 10.00
ATAX's Revenue Growth (%) is ranked higher than
91% of the 1437 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.00 vs. ATAX: 10.00 )
ATAX' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 17.7
Current: 10

0
17.7
EBITDA Growth (%) 40.10
ATAX's EBITDA Growth (%) is ranked higher than
95% of the 1277 Companies
in the Global Specialty Finance industry.

( Industry Median: 6.50 vs. ATAX: 40.10 )
ATAX' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 40.1
Current: 40.1

0
40.1
» ATAX's 10-Y Financials

Financials


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

» Details

Guru Trades

Q2 2013

ATAX Guru Trades in Q2 2013

Jim Simons 260,400 sh (+4.03%)
» More
Q3 2013

ATAX Guru Trades in Q3 2013

Jim Simons 177,792 sh (-31.72%)
» More
Q4 2013

ATAX Guru Trades in Q4 2013

Jim Simons 120,189 sh (-32.4%)
» More
Q1 2014

ATAX Guru Trades in Q1 2014

Jim Simons 157,938 sh (+31.41%)
» More
» Details

Insider Trades

Latest Guru Trades with ATAX



No Insider Trades Found!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 20.30
ATAX's P/E(ttm) is ranked higher than
64% of the 1834 Companies
in the Global Specialty Finance industry.

( Industry Median: 15.40 vs. ATAX: 20.30 )
ATAX' s 10-Year P/E(ttm) Range
Min: 3.1   Max: 646.67
Current: 20.3

3.1
646.67
P/S 5.90
ATAX's P/S is ranked higher than
54% of the 1834 Companies
in the Global Specialty Finance industry.

( Industry Median: 3.10 vs. ATAX: 5.90 )
ATAX' s 10-Year P/S Range
Min: 3.34   Max: 11.1
Current: 5.9

3.34
11.1
EV-to-EBIT 9.09
ATAX's EV-to-EBIT is ranked higher than
89% of the 1834 Companies
in the Global Specialty Finance industry.

( Industry Median: 18.41 vs. ATAX: 9.09 )
ATAX' s 10-Year EV-to-EBIT Range
Min: 5.6   Max: 753.1
Current: 9.09

5.6
753.1
PEG 0.60
ATAX's PEG is ranked higher than
91% of the 1834 Companies
in the Global Specialty Finance industry.

( Industry Median: 7.10 vs. ATAX: 0.60 )
ATAX' s 10-Year PEG Range
Min: 0.13   Max: 99999999.99
Current: 0.6

0.13
99999999.99
Shiller P/E 41.90
ATAX's Shiller P/E is ranked higher than
76% of the 1834 Companies
in the Global Specialty Finance industry.

( Industry Median: 140.07 vs. ATAX: 41.90 )
ATAX' s 10-Year Shiller P/E Range
Min: 7.24   Max: 337.5
Current: 41.9

7.24
337.5
Current Ratio 29.34
ATAX's Current Ratio is ranked higher than
99% of the 67 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.20 vs. ATAX: 29.34 )
ATAX' s 10-Year Current Ratio Range
Min: 1.44   Max: 29.42
Current: 29.34

1.44
29.42
Quick Ratio 29.34
ATAX's Quick Ratio is ranked higher than
99% of the 67 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.19 vs. ATAX: 29.34 )
ATAX' s 10-Year Quick Ratio Range
Min: 1.44   Max: 29.42
Current: 29.34

1.44
29.42

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 8.40
ATAX's Dividend Yield is ranked higher than
98% of the 1402 Companies
in the Global Specialty Finance industry.

( Industry Median: 2.45 vs. ATAX: 8.40 )
ATAX' s 10-Year Dividend Yield Range
Min: 6.51   Max: 12.56
Current: 8.4

6.51
12.56
Dividend Payout 1.88
ATAX's Dividend Payout is ranked higher than
71% of the 1834 Companies
in the Global Specialty Finance industry.

( Industry Median: 9999.00 vs. ATAX: 1.88 )
ATAX' s 10-Year Dividend Payout Range
Min: -2.45   Max: 62.5
Current: 1.88

-2.45
62.5
Yield on cost (5-Year) 8.23
ATAX's Yield on cost (5-Year) is ranked higher than
92% of the 1356 Companies
in the Global Specialty Finance industry.

( Industry Median: 2.64 vs. ATAX: 8.23 )
ATAX' s 10-Year Yield on cost (5-Year) Range
Min: 6.38   Max: 12.31
Current: 8.23

6.38
12.31
Share Buyback Rate -16.50
ATAX's Share Buyback Rate is ranked higher than
53% of the 1237 Companies
in the Global Specialty Finance industry.

( Industry Median: -2.00 vs. ATAX: -16.50 )
ATAX' s 10-Year Share Buyback Rate Range
Min: 1.1   Max: -30.9
Current: -16.5

Valuation & Return

vs
industry
vs
history
Price/Net Cash 4.20
ATAX's Price/Net Cash is ranked higher than
100% of the 1834 Companies
in the Global Specialty Finance industry.

( Industry Median: 9999.00 vs. ATAX: 4.20 )
ATAX' s 10-Year Price/Net Cash Range
Min: 0.87   Max: 524
Current: 4.2

0.87
524
Price/Net Current Asset Value 3.80
ATAX's Price/Net Current Asset Value is ranked higher than
100% of the 1834 Companies
in the Global Specialty Finance industry.

( Industry Median: 9999.00 vs. ATAX: 3.80 )
ATAX' s 10-Year Price/Net Current Asset Value Range
Min: 0.87   Max: 101.05
Current: 3.8

0.87
101.05
Price/Median PS Value 1.00
ATAX's Price/Median PS Value is ranked higher than
77% of the 1834 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.11 vs. ATAX: 1.00 )
ATAX' s 10-Year Price/Median PS Value Range
Min: 0.66   Max: 10.13
Current: 1

0.66
10.13
Price/Peter Lynch Fair Value 4.40
ATAX's Price/Peter Lynch Fair Value is ranked higher than
84% of the 1834 Companies
in the Global Specialty Finance industry.

( Industry Median: 9999.00 vs. ATAX: 4.40 )
ATAX' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.15   Max: 60
Current: 4.4

0.15
60
Earnings Yield (Greenblatt) 11.00
ATAX's Earnings Yield (Greenblatt) is ranked higher than
86% of the 1581 Companies
in the Global Specialty Finance industry.

( Industry Median: 6.90 vs. ATAX: 11.00 )
ATAX' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 17.9
Current: 11

0.1
17.9
Forward Rate of Return (Yacktman) 12.54
ATAX's Forward Rate of Return (Yacktman) is ranked higher than
71% of the 1259 Companies
in the Global Specialty Finance industry.

( Industry Median: 15.45 vs. ATAX: 12.54 )
ATAX' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -2.4   Max: 118
Current: 12.54

-2.4
118

Business Description

Industry: Banks » Specialty Finance
Compare:HKXCY, WU, ASXFY, CIT, KFN » details
America First Tax Exempt Investors, L.P., was formed on April 2, 1998 for the primary purpose of acquiring a portfolio of federally tax-exempt mortgage revenue bonds that are issued to provide construction and/or permanent financing of multifamily residential properties. Interest paid on these bonds is excludable from gross income for federal income tax purposes. As a result, most of the income earned by the Partnership is exempt from federal income taxes. These bonds were issued by various state and local housing authorities in order to provide construction and/or permanent financing of 20 multifamily residential apartments containing a total of 3,959 rental units located in the states of Florida, Illinois, Iowa, Kansas, Kentucky, Minnesota, Ohio, South Carolina, Tennessee, and Texas. In each case the Partnership owns, either directly or indirectly, 100% of the bonds issued for these properties. Each bond is secured by a first mortgage or deed of trust on the financed apartment property. Each of the bonds provides for "base" interest payable at a fixed rate on a periodic basis. Additionally, five of the bonds also provide for the payment of contingent interest determined by the net cash flow and net capital appreciation of the underlying real estate properties. The Company's business objectives are to preserve and protect its capital and to provide regular and increasing cash distributions to the Company's unit holders which are substantially exempt from federal income tax. The Company has sought to meet these objectives by primarily investing in a portfolio of tax-exempt mortgage revenue bonds that were issued to finance, and are secured by first mortgages on, multifamily apartment properties, including student housing. The Partnership competes with private investors, lending institutions, trust funds, investment partnerships and other entities with objectives similar to the Partnership for the acquisition of tax-exempt mortgage revenue bonds and other investments. The Partnership believes that each of the MF Properties and the properties collateralizing its tax-exempt mortgage revenue bonds are in compliance, in all material respects, with federal, state and local regulations regarding hazardous waste and other environmental matters.
» 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
What To Hold: 3 Hold-Rated Dividend Stocks ATAX, QRE, RAS Jul 21 2014
AMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Entry into a Material Definitive... Jul 16 2014
America First Multifamily Investors L.P. Announces Funding Of New Secured Credit Facility Jul 11 2014
America First Multifamily Investors L.P. Announces Funding of New Secured Credit Facility Jul 11 2014
3 Hold-Rated Dividend Stocks: ATAX, ATAI, RAS Jul 11 2014
3 Hold-Rated Dividend Stocks: ATAX, NGPC, APSA Jun 30 2014
3 Stocks With Upcoming Ex-Dividend Dates: ATAX, TWI, PEGI Jun 25 2014
What To Hold: 3 Hold-Rated Dividend Stocks ATAX, WHF, QRE Jun 19 2014
AMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Other Events Jun 11 2014
3 Hold-Rated Dividend Stocks: ATAX, TCPC, WHF Jun 10 2014
America First Multifamily Investors LP Stock Upgraded (ATAX) Jun 03 2014
What To Sell: 3 Sell-Rated Dividend Stocks ATAX, ABR, AT May 30 2014
AMERICA FIRST MULTIFAMILY INVESTORS, L.P. Financials May 20 2014
What To Sell: 3 Sell-Rated Dividend Stocks ATAX, ABR, AT May 20 2014
AMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Change in Directors or Principal... May 19 2014
What To Sell: 3 Sell-Rated Dividend Stocks ATAX, LPHI, ABR May 12 2014
AMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 10-Q, Quarterly Report May 08 2014
3 Sell-Rated Dividend Stocks: DCIX, ATAX, ABR May 01 2014
3 Sell-Rated Dividend Stocks: ATAX, DCIX, LGP Apr 21 2014
What To Sell: 3 Sell-Rated Dividend Stocks ATAX, LGP, CVRR Apr 09 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

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)
Free 7-day Trial
FEEDBACK
Email Hide