ADAM (Adamas Trust) EV-to-OCF: 57.64 (As of Jul. 19, 2026) — 56% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADAM Adamas Trust Inc ADAM
51 GF Score
Price $8.98
GF Value $10.73
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Adamas Trust EV-to-OCF?

Adamas Trust ADAM -2.71% 51 EV-to-OCF is 57.64 as of Jul. 19, 2026, which is 56% below its 10-year median of 132.17. GuruFocus rates ADAM with a GF Score™ of 51/100 and a GF Value™ of $10.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 943 REITs companies, Adamas Trust ranks worse than 90.03% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Adamas Trust's Enterprise Value is $5,274.1 Mil. Adamas Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $91.5 Mil. Therefore, Adamas Trust's EV-to-OCF for today is 57.64.

The historical rank and industry rank for Adamas Trust's EV-to-OCF or its related term are showing as below:

ADAM' s EV-to-OCF Range Over the Past 10 Years
Min: -2270.26   Med: 132.17   Max: 1849.34
Current: 57.64

During the past 13 years, the highest EV-to-OCF of Adamas Trust was 1849.34. The lowest was -2270.26. And the median was 132.17.

ADAM's EV-to-OCF is ranked worse than
90.03% of 943 companies
in the REITs industry
Industry Median: 18.39 vs ADAM: 57.64

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-19), Adamas Trust's stock price is $8.975. Adamas Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.170. Therefore, Adamas Trust's PE Ratio (TTM) for today is 7.67.


Adamas Trust  (NAS:ADAM) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Adamas Trust's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.975/1.170
=7.67

Adamas Trust's share price for today is $8.975.
Adamas Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.170.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Adamas Trust EV-to-OCF Related Terms


Adamas Trust EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Adamas Trust's EV-to-OCF 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.

Adamas Trust EV-to-OCF Chart

Adamas Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.75 43.28 132.72 318.99 39.15

Adamas Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF 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 90.61 53.79 52.89 39.15 56.05

ADAM vs IVR, PMT, BRSP: EV-to-OCF Comparison

For the REIT - Mortgage subindustry, Adamas Trust's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Adamas Trust EV-to-OCF vs REITs Industry

For the REITs industry and Real Estate sector, Adamas Trust's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Adamas Trust's EV-to-OCF falls into.


ADAM
51GF Score
Adamas Trust Inc ADAM
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adamas Trust EV-to-OCF Calculation

Adamas Trust's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=5274.139/91.507
=57.64

Adamas Trust's current Enterprise Value is $5,274.1 Mil.
Adamas Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $91.5 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 57.64 mean?
Adamas Trust (ADAM) has a EV-to-OCF of 57.64 as of Jul. 19, 2026. This is 56% below median its historical median of 132.17. According to the industry distribution chart, Adamas Trust ranks #849 out of 943 companies in the REITs industry, placing it in the top 90%.
Is Adamas Trust's EV-to-OCF too high?
Adamas Trust's current EV-to-OCF of 57.64 is 56% below median its 10-year median of 132.17. The REITs industry median EV-to-OCF is 18.39. Adamas Trust's value of 57.64 is 213.4% above this industry median. Based on the distribution chart, Adamas Trust ranks #849 out of 943 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Adamas Trust has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adamas Trust's EV-to-OCF compare to IVR and PMT?
According to the REITs industry distribution chart, Adamas Trust ranks #849 out of 943 companies for EV-to-OCF. This places Adamas Trust in the lower half of its industry. The industry median EV-to-OCF is 18.39. Adamas Trust's value of 57.64 is 213.4% above this benchmark. While the company's 10-year median is 132.17 vs. the industry median of 18.39, Adamas Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a REITs company?
The median EV-to-OCF among REITs companies is 18.39, based on 943 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adamas Trust's current EV-to-OCF of 57.64 is 213.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median EV-to-OCF is 18.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adamas Trust's current EV-to-OCF is 57.64, which is 56% below median its own 10-year median of 132.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adamas Trust stock overvalued right now?
Based on GuruFocus' analysis, Adamas Trust (ADAM) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.73, compared to a current price of $8.98 — trading 16.4% below its estimated fair value. The current EV-to-OCF is 57.64, which is 56% below median its 10-year median of 132.17 and 213.4% above the REITs industry median of 18.39. Adamas Trust's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Adamas Trust (ADAM), the current EV-to-OCF is 57.64 as of Jul. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Adamas Trust (ADAM) Overvalued in 2026?

Based on GuruFocus' analysis, Adamas Trust stock appears to be undervalued. The current stock price of $8.98 is trading 16.4% below its estimated GF Value™ of $10.73. GuruFocus considers Adamas Trust to be Modestly Undervalued.

Key valuation signals for ADAM:

  • EV-to-OCF: 57.64 (56% below median its 10-year median of 132.17)
  • GF Value™: $10.73 vs. price of $8.98 (16.4% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 213.4% above the REITs median (#849 of 943)

No single metric tells the full story. See the ADAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adamas Trust Business Description

Industry Real EstateREITs
Address 90 Park Avenue, New York, NY, USA, 10016
Adamas Trust Inc is an internally-managed REIT for U.S. federal income tax purposes, in the business of acquiring, investing in, financing, and managing mainly mortgage-related single-family and multi-family residential assets. Its objective is to deliver long-term stable distributions to its stockholders over changing economic conditions through a combination of net interest spread and capital gains from a diversified investment portfolio. The company's investment portfolio includes credit-sensitive single-family and multi-family assets.
51GF Score

Get the complete analysis for ADAM

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.98
Price
$10.73
GF Value