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American Church Mortgage

OTCPK:ACMC
Snowflake Description

Unattractive dividend payer and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ACMC
OTCPK
$4M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

American Church Mortgage Company engages in making mortgage loans to churches and other non-profit religious organizations in the United States. The last earnings update was 2 days ago. More info.


Add to Portfolio Compare Print
ACMC Share Price and Events
7 Day Returns
0%
OTCPK:ACMC
-4.6%
US Mortgage REITs
-3.1%
US Market
1 Year Returns
8.7%
OTCPK:ACMC
-10.1%
US Mortgage REITs
-1.7%
US Market
ACMC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
American Church Mortgage (ACMC) 0% -7.8% -2.2% 8.7% 2.3% -53.3%
US Mortgage REITs -4.6% -4% -4.3% -10.1% -5.1% -16.1%
US Market -3.1% -5.3% -1.2% -1.7% 28.2% 35%
1 Year Return vs Industry and Market
  • ACMC outperformed the Mortgage REITs industry which returned -10.1% over the past year.
  • ACMC outperformed the Market in United States of America which returned -1.7% over the past year.
Price Volatility
ACMC
Industry
5yr Volatility vs Market

ACMC Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for American Church Mortgage. This is due to cash flow or dividend data being unavailable. The share price is $2.25.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for American Church Mortgage's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are American Church Mortgage's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:ACMC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $0.01
OTCPK:ACMC Share Price ** OTCPK (2019-08-16) in USD $2.25
United States of America Mortgage REITs Industry PE Ratio Median Figure of 24 Publicly-Listed Mortgage REITs Companies 12.44x
United States of America Market PE Ratio Median Figure of 3,093 Publicly-Listed Companies 17.02x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of American Church Mortgage.

OTCPK:ACMC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:ACMC Share Price ÷ EPS (both in USD)

= 2.25 ÷ 0.01

222.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • American Church Mortgage is overvalued based on earnings compared to the US Mortgage REITs industry average.
  • American Church Mortgage is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does American Church Mortgage's expected growth come at a high price?
Raw Data
OTCPK:ACMC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 222.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Mortgage REITs Industry PEG Ratio Median Figure of 22 Publicly-Listed Mortgage REITs Companies 1.02x
United States of America Market PEG Ratio Median Figure of 2,115 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for American Church Mortgage, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on American Church Mortgage's assets?
Raw Data
OTCPK:ACMC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $6.29
OTCPK:ACMC Share Price * OTCPK (2019-08-16) in USD $2.25
United States of America Mortgage REITs Industry PB Ratio Median Figure of 37 Publicly-Listed Mortgage REITs Companies 0.91x
United States of America Market PB Ratio Median Figure of 5,261 Publicly-Listed Companies 1.67x
OTCPK:ACMC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:ACMC Share Price ÷ Book Value per Share (both in USD)

= 2.25 ÷ 6.29

0.36x

* Primary Listing of American Church Mortgage.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • American Church Mortgage is good value based on assets compared to the US Mortgage REITs industry average.
X
Value checks
We assess American Church Mortgage's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage REITs industry average (and greater than 0)? (1 check)
  5. American Church Mortgage has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ACMC Future Performance

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

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as American Church Mortgage has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
43%
Expected Mortgage REITs industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is American Church Mortgage expected to grow at an attractive rate?
  • Unable to compare American Church Mortgage's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare American Church Mortgage's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare American Church Mortgage's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:ACMC Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Mortgage REITs Industry Earnings Growth Rate Market Cap Weighted Average 43%
United States of America Mortgage REITs Industry Revenue Growth Rate Market Cap Weighted Average 29.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:ACMC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:ACMC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 1 0 0
2019-03-31 1 0 0
2018-12-31 0 1 0
2018-09-30 0 0 0
2018-06-30 1 0 0
2018-03-31 1 0 0
2017-12-31 1 0 0
2017-09-30 1 1 0
2017-06-30 1 0 0
2017-03-31 1 0 0
2016-12-31 1 0 0
2016-09-30 0 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if American Church Mortgage is high growth as no earnings estimate data is available.
  • Unable to determine if American Church Mortgage is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:ACMC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from American Church Mortgage Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ACMC Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 0.01
2019-03-31 -0.02
2018-12-31 -0.03
2018-09-30 -0.05
2018-06-30 0.01
2018-03-31 0.09
2017-12-31 0.09
2017-09-30 0.05
2017-06-30 -0.02
2017-03-31 -0.15
2016-12-31 -0.20
2016-09-30 -0.31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if American Church Mortgage will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ACMC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. American Church Mortgage's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access American Church Mortgage's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess American Church Mortgage's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
American Church Mortgage has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ACMC Past Performance

  How has American Church Mortgage performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare American Church Mortgage's growth in the last year to its industry (Mortgage REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • American Church Mortgage's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • American Church Mortgage's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • American Church Mortgage's 1-year earnings growth is negative, it can't be compared to the US Mortgage REITs industry average.
Earnings and Revenue History
American Church Mortgage's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from American Church Mortgage Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ACMC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 0.66 0.02
2019-03-31 0.56 -0.03
2018-12-31 0.46 -0.05
2018-09-30 0.45 -0.08
2018-06-30 0.54 0.02
2018-03-31 0.64 0.15
2017-12-31 0.74 0.15
2017-09-30 0.75 0.08
2017-06-30 0.71 -0.03
2017-03-31 0.57 -0.26
2016-12-31 0.52 -0.34
2016-09-30 0.44 -0.51
2016-06-30 0.50 -0.44
2016-03-31 0.74 -0.12
2015-12-31 0.75 -0.04
2015-09-30 0.74 0.11
2015-06-30 0.70 0.07
2015-03-31 0.62 -0.05
2014-12-31 0.73 0.07
2014-09-30 0.98 0.27
2014-06-30 1.08 0.37
2014-03-31 1.14 0.46
2013-12-31 1.20 0.37
2013-09-30 1.16 0.40
2013-06-30 0.29 0.02
2013-03-31 0.10 -0.71
2012-12-31 0.10 -0.59
2012-09-30 0.08 -0.92

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • American Church Mortgage has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • American Church Mortgage used its assets less efficiently than the US Mortgage REITs industry average last year based on Return on Assets.
  • Unable to establish if American Church Mortgage improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess American Church Mortgage's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
American Church Mortgage has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ACMC Health

 How is American Church Mortgage's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up American Church Mortgage's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • American Church Mortgage is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • American Church Mortgage's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of American Church Mortgage's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from American Church Mortgage Company Filings, last reported 1 month ago.

OTCPK:ACMC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 10.55 28.50 1.14
2019-03-31 10.68 26.67 0.43
2018-12-31 10.78 28.50 2.18
2018-09-30 10.83 29.22 2.68
2018-06-30 10.94 29.11 2.93
2018-03-31 11.04 28.88 2.79
2017-12-31 11.19 26.48 0.50
2017-09-30 11.25 27.53 1.20
2017-06-30 11.30 27.46 0.96
2017-03-31 11.37 27.58 1.28
2016-12-31 11.51 27.92 3.38
2016-09-30 11.62 28.76 4.48
2016-06-30 11.77 29.09 4.42
2016-03-31 12.04 28.71 4.86
2015-12-31 12.24 28.25 4.38
2015-09-30 12.56 28.31 6.20
2015-06-30 12.60 28.38 5.60
2015-03-31 12.54 28.04 4.84
2014-12-31 12.71 27.75 3.77
2014-09-30 12.92 25.98 3.59
2014-06-30 13.10 24.93 2.71
2014-03-31 13.22 25.42 2.36
2013-12-31 13.26 25.70 3.14
2013-09-30 13.27 25.85 1.62
2013-06-30 13.35 25.92 2.27
2013-03-31 13.41 26.07 1.72
2012-12-31 13.56 26.17 1.18
2012-09-30 13.70 26.56 0.20
  • American Church Mortgage's level of debt (270.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (190.4% vs 270.2% today).
  • Debt is not well covered by operating cash flow (1.6%, less than 20% of total debt).
  • Unable to confirm if the interest payments on American Church Mortgage's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess American Church Mortgage's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. American Church Mortgage has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ACMC Dividends

 What is American Church Mortgage's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
9.56%
Current annual income from American Church Mortgage dividends.
If you bought $2,000 of American Church Mortgage shares you are expected to receive $191 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • American Church Mortgage's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.5%).
  • American Church Mortgage's dividend is above the markets top 25% of dividend payers in United States of America (3.9%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:ACMC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Mortgage REITs Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 10.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:ACMC Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-01 0.215 9.546
2018-05-16 0.280 11.890
2018-04-02 0.280 11.357
2017-11-14 0.280 10.796
2017-03-31 0.240 10.795
2016-03-31 0.255 11.401
2015-06-17 0.370 12.930
2015-06-11 0.370 9.344
2015-03-31 0.370 8.980
2014-08-15 0.400 9.246
2014-08-12 0.400 8.457
2014-07-09 0.400 8.120
2014-03-28 0.400 8.018
2013-03-28 0.380 9.432
2012-08-15 0.060 1.621
2012-04-04 0.400 10.869
2011-08-22 0.440 11.939
2011-01-14 0.400 9.433
2010-10-25 0.400 11.679
2010-07-22 0.400 11.968
2010-04-22 0.400 15.303
2010-04-06 0.400 14.184
2009-10-21 0.400 15.843
2009-07-30 0.440 24.671
2009-05-29 0.360 16.692
2009-01-23 0.200 20.214
2008-10-28 0.400 20.059

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of American Church Mortgage's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0x 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.
X
Income/ dividend checks
We assess American Church Mortgage's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can American Church Mortgage afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. American Church Mortgage has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ACMC Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Phil Myers
COMPENSATION $0
AGE 63
TENURE AS CEO 18.3 years
CEO Bio

Mr. Philip J. Myers serves as the Chief Executive Officer of American Church Mortgage Company. Mr. Myers has also been President and Secretary of American Church Mortgage Company since April 2001. Mr. Myers has been President, Treasurer and a director at Church Loan Advisors, Inc., a advisor of American Church Mortgage since 1994. He has been President and Secretary of American Investors Group, Inc. since 1996 and of its parent company, Apostle Holdings Corp. since 2000. Mr. Myers has been an officer of American Investors Group since 1989. He served as the Chief Financial Officer and Chief Accounting Officer at American Church Mortgage Co. until November 2, 2009 and served as its Treasurer from April 2001 to November 2, 2009. From 1980 to 1982, Mr. Myers served as an Attorney in the Division of Market Regulation of the U.S. Securities and Exchange Commission in Washington, D.C. and from 1982 to 1984, as an Attorney with the Division of Enforcement of the Securities and Exchange Commission in San Francisco. From January 1986 to January 1989, Mr. Myers served as Senior Vice President and General Counsel of Financial Planners Equity Corporation. From August 1984 to January 1986, he served as an Attorney at the San Francisco law firm of Wilson, Ryan and Compilongo where he specialized in corporate finance, securities and broker-dealer matters. He became affiliated with American Investors Group, Inc. in 1989. He served as Secretary of Church Loan Advisors, Inc. He has been an Executive Chairman of American Church Mortgage Co. since April 2001. He has been an Executive Director at American Church Mortgage Co. since October 2001. He has been a Director of American Investors Group, Inc. since 1996. He is a Member of the New York, California (inactive status) and Minnesota State Bar Associations. He holds General Securities Representative and General Securities Principal licenses with the National Association of Securities Dealers, Inc. Mr. Myers holds a Bachelor of Arts Degree in Political Science from the State University of New York at Binghamton in 1977 and a Juris Doctor Degree from the State University of New York at Buffalo School of Law in 1980.

CEO Compensation
  • Insufficient data for Phil to compare compensation growth.
  • Phil's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Phil Myers

TITLE
Chairman
AGE
63
TENURE
18.3 yrs

Scott Marquis

TITLE
CFO & Treasurer
AGE
62
TENURE
9.8 yrs
Board of Directors Tenure

Average tenure and age of the American Church Mortgage board of directors in years:

21.6
Average Tenure
66
Average Age
  • The average tenure for the American Church Mortgage board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Phil Myers

TITLE
Chairman
AGE
63
TENURE
18.3 yrs

Kirbyjon Caldwell

TITLE
Independent Director
COMPENSATION
$1K
AGE
65
TENURE
24.9 yrs

Michael Holmquist

TITLE
Independent Director
COMPENSATION
$3K
AGE
69
TENURE
16.1 yrs

Dennis Doyle

TITLE
Independent Director
COMPENSATION
$2K
AGE
67
TENURE
24.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess American Church Mortgage's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. American Church Mortgage has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ACMC News

Simply Wall St News

ACMC Company Info

Description

American Church Mortgage Company engages in making mortgage loans to churches and other non-profit religious organizations in the United States. It also selects and invests in mortgage-secured debt instruments issued by churches and other non-profit religious organizations. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. American Church Mortgage Company was founded in 1994 and is based in Minnetonka, Minnesota.

Details
Name: American Church Mortgage Company
ACMC
Exchange: OTCPK
Founded: 1994
$3,775,045
1,677,798
Website: http://church-loans.squarespace.com
Address: American Church Mortgage Company
10400 Yellow Circle Drive,
Suite 102,
Minnetonka,
Minnesota, 55343,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK ACMC Common Stock Pink Sheets LLC US USD 21. Jun 2002
Number of employees
Current staff
Staff numbers
2
American Church Mortgage employees.
Industry
Mortgage REITs
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/16 23:32
End of day share price update: 2019/08/16 00:00
Last earnings filing: 2019/08/14
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.