0FG Stock Overview
AFC Gamma, Inc. originates, structures, underwrites, and invests in senior secured loans, and other types of loans and debt securities for established companies operating in the cannabis industry in states that have legalized medicinal and/or adult use cannabis.
AFC Gamma Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$14.70|
|52 Week High||US$21.90|
|52 Week Low||US$14.40|
|1 Month Change||0%|
|3 Month Change||-6.37%|
|1 Year Change||-14.93%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-16.95%|
Recent News & Updates
|0FG||DE Mortgage REITs||DE Market|
Return vs Industry: 0FG exceeded the German Mortgage REITs industry which returned -19.4% over the past year.
Return vs Market: 0FG exceeded the German Market which returned -20% over the past year.
|0FG Average Weekly Movement||n/a|
|Mortgage REITs Industry Average Movement||5.6%|
|Market Average Movement||5.7%|
|10% most volatile stocks in DE Market||10.7%|
|10% least volatile stocks in DE Market||2.8%|
Stable Share Price: Insufficient data to determine 0FG's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine 0FG's volatility change over the past year.
About the Company
AFC Gamma, Inc. originates, structures, underwrites, and invests in senior secured loans, and other types of loans and debt securities for established companies operating in the cannabis industry in states that have legalized medicinal and/or adult use cannabis. It primarily originates loans structured as senior loans secured by real estate, equipment, and licenses and/or other assets of the loan parties to the extent permitted by applicable laws and the regulations governing such loan parties. AFC Gamma, Inc. has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986.
AFC Gamma Fundamentals Summary
|0FG fundamental statistics|
Is 0FG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|0FG income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 09, 2022
|Earnings per share (EPS)||1.51|
|Net Profit Margin||65.02%|
How did 0FG perform over the long term?See historical performance and comparison
12.7%Current Dividend Yield
Is 0FG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 0FG?
Other financial metrics that can be useful for relative valuation.
|What is 0FG's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 0FG's PE Ratio compare to its peers?
|0FG PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
MUX Mutares SE KGaA
O4B OVB Holding
B8A BAVARIA Industries Group
0FG AFC Gamma
Price-To-Earnings vs Peers: 0FG is good value based on its Price-To-Earnings Ratio (11.7x) compared to the peer average (23.2x).
Price to Earnings Ratio vs Industry
How does 0FG's PE Ratio compare vs other companies in the Global Mortgage REITs Industry?
Price-To-Earnings vs Industry: 0FG is good value based on its Price-To-Earnings Ratio (11.7x) compared to the Global Mortgage REITs industry average (12.7x)
Price to Earnings Ratio vs Fair Ratio
What is 0FG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||11.7x|
|Fair PE Ratio||30.7x|
Price-To-Earnings vs Fair Ratio: 0FG is good value based on its Price-To-Earnings Ratio (11.7x) compared to the estimated Fair Price-To-Earnings Ratio (30.7x).
Share Price vs Fair Value
What is the Fair Price of 0FG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 0FG (€14.7) is trading below our estimate of fair value (€35.26)
Significantly Below Fair Value: 0FG is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
How is AFC Gamma forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0FG's forecast earnings growth (44.7% per year) is above the savings rate (-0.01%).
Earnings vs Market: 0FG's earnings (44.7% per year) are forecast to grow faster than the German market (7.7% per year).
High Growth Earnings: 0FG's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 0FG's revenue (36% per year) is forecast to grow faster than the German market (4.7% per year).
High Growth Revenue: 0FG's revenue (36% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 0FG's Return on Equity is forecast to be high in 3 years time
Discover growth companies
How has AFC Gamma performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Last years earnings growth
Earnings and Revenue History
Quality Earnings: 0FG has high quality earnings.
Growing Profit Margin: 0FG's current net profit margins (65%) are lower than last year (75.8%).
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if 0FG's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare 0FG's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: 0FG earnings growth over the past year (129.3%) exceeded the Mortgage REITs industry 9.3%.
Return on Equity
High ROE: 0FG's Return on Equity (8.8%) is considered low.
Discover strong past performing companies
How is AFC Gamma's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 0FG's short term assets ($454.1M) exceed its short term liabilities ($20.9M).
Long Term Liabilities: 0FG's short term assets ($454.1M) exceed its long term liabilities ($96.7M).
Debt to Equity History and Analysis
Debt Level: 0FG's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 0FG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 0FG's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: Insufficient data to determine if 0FG's interest payments on its debt are well covered by EBIT.
Discover healthy companies
What is AFC Gamma current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 0FG's dividend (12.73%) is higher than the bottom 25% of dividend payers in the German market (1.46%).
High Dividend: 0FG's dividend (12.73%) is in the top 25% of dividend payers in the German market (4.4%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 0FG's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 0FG's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (102.6%), 0FG's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (314.9%), 0FG's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Len Tannenbaum (51 yo)
Mr. Leonard Mark Tannenbaum, also known as Len, CFA, serves as a Manager and Chief Executive Officer at AFC Management, LLC. He has been Chief Executive Officer, Chairman and Director of the Board at AFC G...
Experienced Management: 0FG's management team is considered experienced (2.1 years average tenure).
Experienced Board: 0FG's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 0FG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.5%.
AFC Gamma, Inc.'s employee growth, exchange listings and data sources
- Name: AFC Gamma, Inc.
- Ticker: 0FG
- Exchange: MUN
- Founded: 2020
- Industry: Mortgage REITs
- Sector: Diversified Financials
- Implied Market Cap: US$347.278m
- Listing Market Cap: US$341.930m
- Shares outstanding: 19.74m
- Website: https://www.afcgamma.com
- AFC Gamma, Inc.
- 525 Okeechobee Boulevard
- Suite 1770
- West Palm Beach
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/06 00:00|
|End of Day Share Price||2022/06/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.