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New York Mortgage Trust (New York Mortgage Trust) Cyclically Adjusted Price-to-FCF : 5.25 (As of Apr. 28, 2024)


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What is New York Mortgage Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), New York Mortgage Trust's current share price is $7.04. New York Mortgage Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.34. New York Mortgage Trust's Cyclically Adjusted Price-to-FCF for today is 5.25.

The historical rank and industry rank for New York Mortgage Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NYMT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.14   Med: 5.7   Max: 11.24
Current: 5.24

During the past years, New York Mortgage Trust's highest Cyclically Adjusted Price-to-FCF was 11.24. The lowest was 0.14. And the median was 5.70.

NYMT's Cyclically Adjusted Price-to-FCF is ranked better than
83.33% of 390 companies
in the REITs industry
Industry Median: 11.545 vs NYMT: 5.24

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

New York Mortgage Trust's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.144. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


New York Mortgage Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for New York Mortgage Trust's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

New York Mortgage Trust Cyclically Adjusted Price-to-FCF Chart

New York Mortgage Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.05 6.07 6.92 5.91 6.34

New York Mortgage Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.91 6.13 6.62 6.05 6.34

Competitive Comparison of New York Mortgage Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Mortgage subindustry, New York Mortgage Trust's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New York Mortgage Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, New York Mortgage Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where New York Mortgage Trust's Cyclically Adjusted Price-to-FCF falls into.



New York Mortgage Trust Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

New York Mortgage Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.04/1.34
=5.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New York Mortgage Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, New York Mortgage Trust's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.144/129.4194*129.4194
=0.144

Current CPI (Dec. 2023) = 129.4194.

New York Mortgage Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.568 99.695 0.737
201406 0.264 100.560 0.340
201409 0.536 100.428 0.691
201412 0.369 99.070 0.482
201503 0.214 99.621 0.278
201506 0.327 100.684 0.420
201509 0.515 100.392 0.664
201512 0.281 99.792 0.364
201603 0.677 100.470 0.872
201606 0.201 101.688 0.256
201609 0.752 101.861 0.955
201612 0.336 101.863 0.427
201703 0.225 102.862 0.283
201706 0.132 103.349 0.165
201709 0.467 104.136 0.580
201712 0.096 104.011 0.119
201803 0.214 105.290 0.263
201806 0.106 106.317 0.129
201809 0.213 106.507 0.259
201812 0.117 105.998 0.143
201903 0.165 107.251 0.199
201906 -0.024 108.070 -0.029
201909 0.304 108.329 0.363
201912 0.118 108.420 0.141
202003 0.230 108.902 0.273
202006 0.183 108.767 0.218
202009 0.382 109.815 0.450
202012 0.362 109.897 0.426
202103 0.264 111.754 0.306
202106 0.510 114.631 0.576
202109 0.044 115.734 0.049
202112 0.640 117.630 0.704
202203 0.401 121.301 0.428
202206 0.420 125.017 0.435
202209 0.055 125.227 0.057
202212 0.091 125.222 0.094
202303 -0.124 127.348 -0.126
202306 -0.001 128.729 -0.001
202309 0.312 129.860 0.311
202312 0.144 129.419 0.144

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


New York Mortgage Trust  (NAS:NYMT) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


New York Mortgage Trust Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of New York Mortgage Trust's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


New York Mortgage Trust (New York Mortgage Trust) Business Description

Industry
Traded in Other Exchanges
Address
90 Park Avenue, New York, NY, USA, 10016
New York Mortgage Trust Inc is a real estate investment trust for federal income tax purposes, in the business of acquiring, investing in, financing and managing mortgage-related and residential housing-related assets. The company's investment portfolio consists of Structured multi-family property investments such as multi-family CMBS an preferred equity in, and mezzanine loans to owners of multi-family properties. Distressed residential assets such as residential mortgage loans sourced from distressed markets and non-Agency RMBS. Second mortgages, Agency RMBS, and certain other mortgage-related and residential housing-related assets.
Executives
Nicholas Mah officer: President 90 PARK AVENUE, FLOOR 23, NEW YORK NY 10016
Gena Cheng director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Audrey Greenberg director 90 PARK AVENUE, FLOOR 23, NEW YORK NY 10016
Steven G Norcutt director 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Steven R Mumma officer: Chief Operating Officer and VP 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Nathan R Reese officer: Vice President and Secretary C/O NEW YORK MORTGAGE TRUST, INC., 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017
Kristine Rimando Nario officer: Chief Financial Officer 275 MADISON AVENUE, SUITE 3200, NEW YORK NY 10016
Jason T Serrano officer: President 275 MADISON AVENUE, NEW YORK NY 10016
Alan L Hainey director 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Lisa A Pendergast director 275 MADISON AVENUE, NEW YORK NY 10016
Michael B. Clement director 275 MADISON AVENUE, NEW YORK NY 10016
Kevin M. Donlon officer: President 227 WEST TRADE STREET, SUITE 900, CHARLOTTE NC 28202
Douglas E Neal director 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017
Jmp Asset Management Llc 10 percent owner 600 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94111
Fredric S. Starker officer: Chief Financial Officer 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017

New York Mortgage Trust (New York Mortgage Trust) Headlines

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