Sachem Capital Corp. operates as a real estate finance company.
Undervalued with high growth potential.
Share Price & News
How has Sachem Capital's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SACH has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SACH underperformed the US Mortgage industry which returned 5.1% over the past year.
Return vs Market: SACH underperformed the US Market which returned 20.3% over the past year.
Price Volatility Vs. Market
How volatile is Sachem Capital's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StHow Much Of Sachem Capital Corp. (NYSEMKT:SACH) Do Insiders Own?
1 month ago | Simply Wall StRead This Before You Buy Sachem Capital Corp. (NYSEMKT:SACH) Because Of Its P/E Ratio
2 months ago | Simply Wall StDoes Sachem Capital's (NYSEMKT:SACH) Share Price Gain of 12% Match Its Business Performance?
Is Sachem Capital undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SACH ($4.22) is trading below our estimate of fair value ($6.32)
Significantly Below Fair Value: SACH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SACH is good value based on its PE Ratio (10.5x) compared to the Mortgage industry average (13.7x).
PE vs Market: SACH is good value based on its PE Ratio (10.5x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: SACH is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: SACH is overvalued based on its PB Ratio (1.1x) compared to the US Mortgage industry average (1.1x).
How is Sachem Capital forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SACH's forecast earnings growth (28.2% per year) is above the savings rate (1.7%).
Earnings vs Market: SACH's earnings (28.2% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SACH's revenue (23.8% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: SACH's revenue (23.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SACH's Return on Equity is forecast to be low in 3 years time (14.1%).
How has Sachem Capital performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SACH has high quality earnings.
Growing Profit Margin: SACH's current net profit margins (65.4%) are lower than last year (77.2%).
Past Earnings Growth Analysis
Earnings Trend: SACH's earnings have grown significantly by 32.3% per year over the past 5 years.
Accelerating Growth: SACH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SACH had negative earnings growth (-8.6%) over the past year, making it difficult to compare to the Mortgage industry average (11.3%).
Return on Equity
High ROE: SACH's Return on Equity (8.2%) is considered low.
Return on Assets
Return on Capital Employed
How is Sachem Capital's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: SACH has a low level of unsold assets or inventory.
Debt Coverage by Assets: SACH's debt is covered by short term assets (assets are 4.6x debt).
Financial Institutions Analysis
Asset Level: SACH's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if SACH has a sufficient allowance for bad loans.
Low Risk Liabilities: SACH reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if SACH has an acceptable proportion of non-loan assets held.
Low Risk Deposits: SACH has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if SACH has an appropriate level of bad loans.
What is Sachem Capital's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SACH's dividend (11.37%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: SACH's dividend (11.37%) is in the top 25% of dividend payers in the US market (3.73%)
Stability and Growth of Payments
Stable Dividend: SACH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SACH's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (131.3%), SACH's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SACH's dividends in 3 years are not forecast to be well covered by earnings (95.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
John Villano (59yo)
Mr. John L. Villano, CPA, is the Co-founder and Chairman, Chief Financial Officer of Sachem Capital Corp. He serves as Chief Executive Officer and Treasurer of Sachem Capital Corp. since November 21, 2019. ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD335.00K) is below average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Independent Director||3yrs||US$30.66k||0.068% $63.8k|
|Independent Director||3yrs||US$28.16k||0.024% $22.8k|
|Independent Director||3yrs||US$26.91k||1.61% $1.5m|
Experienced Board: SACH's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SACH 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 12.4%.
Sachem Capital Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Sachem Capital Corp.
- Ticker: SACH
- Exchange: AMEX
- Founded: 2010
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$93.335m
- Shares outstanding: 22.12m
- Website: https://www.sachemcapitalcorp.com
Number of Employees
- Sachem Capital Corp.
- 698 Main Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SACH||AMEX (NYSE MKT LLC)||Yes||Common Shares||US||USD||Feb 2017|
Sachem Capital Corp. operates as a real estate finance company. The company engages in originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property located primarily in Connecticut. It offers loans to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties located in Connecticut, Massachusetts, Florida, New York, Vermont, and Rhode Island. The company was founded in 2010 and is based in Branford, Connecticut.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 01:18|
|End of Day Share Price||2020/02/19 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.