Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2024-04-20), PennyMac Mortgage Investment Trust's Intrinsic Value: Projected FCF is $-22.16. The stock price of PennyMac Mortgage Investment Trust is $13.56. Therefore, PennyMac Mortgage Investment Trust's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.
The historical rank and industry rank for PennyMac Mortgage Investment Trust's Intrinsic Value: Projected FCF or its related term are showing as below:
PMT's Price-to-Projected-FCF is not ranked *
in the REITs industry.
Industry Median: 0.66 * Ranked among companies with meaningful Price-to-Projected-FCF only.
PennyMac Mortgage Investment Trust Intrinsic Value: Projected FCF Historical Data
The historical data trend for PennyMac Mortgage Investment Trust's Intrinsic Value: Projected 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.
PennyMac Mortgage Investment Trust Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Intrinsic Value: Projected FCF
-71.30
-45.35
-82.28
-42.72
-22.16
PennyMac Mortgage Investment Trust Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Intrinsic Value: Projected FCF
-42.72
-52.94
-40.79
-29.56
-22.16
Competitive Comparison
For the REIT - Mortgage subindustry, PennyMac Mortgage Investment Trust's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.
PennyMac Mortgage Investment Trust Price-to-Projected-FCF Distribution
For the REITs industry and Real Estate sector, PennyMac Mortgage Investment Trust's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where PennyMac Mortgage Investment Trust's Price-to-Projected-FCF falls into.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
PennyMac Mortgage Investment Trust's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
13.56
/
-22.158261611165
=
* 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.
PennyMac Mortgage Investment Trust Intrinsic Value: Projected FCF Related Terms
Thank you for viewing the detailed overview of PennyMac Mortgage Investment Trust's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
PennyMac Mortgage Investment Trust (PennyMac Mortgage Investment Trust) Business Description
PennyMac Mortgage Investment Trust is a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets. The company's operations include activities such as production and servicing of financial securities based on residential loans and pooling and reselling of high-credit-quality mortgages. The company operates through four segments: correspondent production, credit-sensitive strategies, interest-rate-sensitive strategies, and corporate activities. The correspondent production segment, which generates income via purchasing, pooling, and reselling of loans or mortgage-backed securities accounts for roughly half of the company's income.
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