AMEX:ORM

Stock Analysis Report

Executive Summary

Owens Realty Mortgage, Inc., a specialty finance company, focuses on the origination, investment, and management of commercial real estate loans primarily in the Western United States.

Snowflake

Fundamentals

Adequate balance sheet and slightly overvalued.

Risks

  • Owens Realty Mortgage is not covered by any analysts.

Similar Companies

Share Price & News

How has Owens Realty Mortgage's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.5%

AMEX:ORM

-3.3%

US Mortgage REITs

-1.0%

US Market


1 Year Return

49.2%

AMEX:ORM

-9.8%

US Mortgage REITs

-0.4%

US Market

ORM outperformed the Mortgage REITs industry which returned 0.2% over the past year.

ORM outperformed the Market in United States of America which returned 5.2% over the past year.


Share holder returns

ORMIndustryMarket
7 Day4.5%-3.3%-1.0%
30 Day-5.1%-3.1%-3.3%
90 Day15.1%-3.5%0.4%
1 Year56.2%49.2%0.4%-9.8%1.8%-0.4%
3 Year48.1%34.8%32.3%-4.6%39.4%30.4%
5 Year65.4%43.6%48.1%-15.1%54.2%37.1%

Price Volatility Vs. Market

How volatile is Owens Realty Mortgage's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Owens Realty Mortgage undervalued based on future cash flows and its price relative to the stock market?

26%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Owens Realty Mortgage's share price is below the future cash flow value, and at a moderate discount (> 20%).

Owens Realty Mortgage's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Owens Realty Mortgage is overvalued based on earnings compared to the US Mortgage REITs industry average.

Owens Realty Mortgage is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Owens Realty Mortgage, we can't assess if its growth is good value.


Price Based on Value of Assets

Owens Realty Mortgage is good value based on assets compared to the US Mortgage REITs industry average.


Next Steps

Future Growth

How is Owens Realty Mortgage expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Owens Realty Mortgage is high growth as no revenue estimate data is available.

Owens Realty Mortgage's earnings are expected to grow by 14.6% yearly, however this is not considered high growth (20% yearly).

Unable to compare Owens Realty Mortgage's revenue growth to the United States of America market average as no estimate data is available.

Owens Realty Mortgage's earnings growth is expected to exceed the United States of America market average.

Owens Realty Mortgage's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Owens Realty Mortgage will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Owens Realty Mortgage performed over the past 5 years?

-1.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Owens Realty Mortgage's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Owens Realty Mortgage's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Owens Realty Mortgage's 1-year earnings growth is negative, it can't be compared to the US Mortgage REITs industry average.


Return on Equity

Owens Realty Mortgage has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Owens Realty Mortgage used its assets more efficiently than the US Mortgage REITs industry average last year based on Return on Assets.


Return on Capital Employed

Owens Realty Mortgage's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Owens Realty Mortgage's financial position?


Financial Position Analysis

Owens Realty Mortgage is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Owens Realty Mortgage's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Owens Realty Mortgage's level of debt (7.6%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (7.5% vs 7.6% today).

Debt is well covered by operating cash flow (33.5%, greater than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.8x annual interest expense, ideally 3x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.7x debt.


Next Steps

Dividend

What is Owens Realty Mortgage's current dividend yield, its reliability and sustainability?

4.41%

Current Dividend Yield


Dividend Yield and Payments Analysis

Owens Realty Mortgage's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).

Owens Realty Mortgage's dividend is above the markets top 25% of dividend payers in United States of America (3.67%).

Owens Realty Mortgage has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but Owens Realty Mortgage only paid a dividend in the past 6 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.8x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Owens Realty Mortgage's salary, the management and board of directors tenure and is there insider trading?

4.1yrs

Average management tenure


CEO

Bryan Draper (60yo)

3.2yrs

Tenure

Mr. Bryan Haven Draper has been the Chief Executive Officer and President of Owens Realty Mortgage, Inc. since January 4, 2016 and served as its Chief Financial Officer from January 2013 to January 2016. M ...


Management Age and Tenure

4.1yrs

Average Tenure

51yo

Average Age

The tenure for the Owens Realty Mortgage management team is about average.


Board Age and Tenure

0.8yrs

Average Tenure

63.5yo

Average Age

The average tenure for the Owens Realty Mortgage board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Melina Platt (51yo)

    CFO & Treasurer

    • Tenure: 3.2yrs
  • Bill Dutra (56yo)

    Executive Vice President of Owens Financial Group Inc

    • Tenure: 5.0yrs
  • Bryan Draper (60yo)

    CEO, President & Director

    • Tenure: 3.2yrs
  • Dan Worley (47yo)

    Senior VP & Corporate Secretary

  • Bill Fiske

    Investor Relation

  • Brian Haines (40yo)

    Senior Vice President & Loan Officer of Owens Financial Group Inc

    • Tenure: 5.2yrs

Board Members

  • Steve Hovde (63yo)

    Independent Director

    • Tenure: 0.7yrs
  • Dennis Schmal (71yo)

    Chairman of the Board

    • Tenure: 0.8yrs
    • Compensation: $57.50k
  • Bryan Draper (60yo)

    CEO, President & Director

    • Tenure: 5.8yrs
  • Bill Owens (67yo)

    Chairman Emeritus

    • Tenure: 0.8yrs
  • Gary Wallace (64yo)

    Director

    • Tenure: 2.7yrs
    • Compensation: $50.00k
  • Ann Mehlum (64yo)

    Independent Director

    • Tenure: 0.8yrs
  • Gilbert Nathan (38yo)

    Independent Director

    • Tenure: 0.6yrs
  • Benjamin Smeal (40yo)

    Independent Director

    • Tenure: 0.6yrs

Company Information

Owens Realty Mortgage, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Owens Realty Mortgage, Inc.
  • Ticker: ORM
  • Exchange: AMEX
  • Founded: 1983
  • Industry: mortgage reits
  • Sector: diversified financials
  • Market Cap: US$184.503m
  • Shares outstanding: 8.48m
  • Website: Click here

Number of Employees


Location

  • Owens Realty Mortgage, Inc.
  • 2221 Olympic Boulevard
  • Walnut Creek
  • California
  • 94595
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ORMAMEX (NYSE MKT LLC)YesCommon StockUSUSDJul 2013

Biography

Owens Realty Mortgage, Inc., a specialty finance company, focuses on the origination, investment, and management of commercial real estate loans primarily in the Western United States. It offers customized ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/03/30 00:49
End of Day Share Price2019/03/28 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.