OTCPK:ACMC

Stock Analysis Report

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Executive Summary

American Church Mortgage Company engages in making mortgage loans to churches and other non-profit religious organizations in the United States.


Snowflake Analysis

Questionable track record unattractive dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ACMC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.7%

ACMC

2.8%

US Mortgage REITs

0.7%

US Market


1 Year Return

-40.0%

ACMC

-33.6%

US Mortgage REITs

20.1%

US Market

Return vs Industry: ACMC underperformed the US Mortgage REITs industry which returned -33.3% over the past year.

Return vs Market: ACMC underperformed the US Market which returned 17.1% over the past year.


Shareholder returns

ACMCIndustryMarket
7 Day-0.7%2.8%0.7%
30 Day-15.6%13.1%6.4%
90 Day-25.0%32.3%20.1%
1 Year-33.1%-40.0%-25.9%-33.6%22.6%20.1%
3 Year-23.7%-43.8%-18.3%-41.4%45.1%35.7%
5 Year-43.6%-66.3%11.3%-36.1%79.7%60.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is American Church Mortgage undervalued compared to its fair value and its price relative to the market?

19.83x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ACMC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ACMC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ACMC's PE Ratio (19.8x) is in line with the US Mortgage REITs industry average.

PE vs Market: ACMC is poor value based on its PE Ratio (19.8x) compared to the US market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ACMC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ACMC is good value based on its PB Ratio (0.2x) compared to the US Mortgage REITs industry average (0.8x).


Next Steps

Future Growth

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

95.8%

Forecasted Diversified Financials industry annual growth in earnings


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 SimplyWall St do have past financial data.


Next Steps

  • 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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access American Church Mortgage's filings and announcementshere.
  • Explore growth companies in the Diversified Financials industry.

Past Performance

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

29.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ACMC has a large one-off loss of $150.0K impacting its March 31 2020 financial results.

Growing Profit Margin: ACMC became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ACMC has become profitable over the past 5 years, growing earnings by 29.3% per year.

Accelerating Growth: ACMC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ACMC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (-49.4%).


Return on Equity

High ROE: ACMC's Return on Equity (1.1%) is considered low.


Next Steps

Financial Health

How is American Church Mortgage's financial position?


Financial Position Analysis

Short Term Liabilities: ACMC's short term assets ($18.2M) exceed its short term liabilities ($719.2K).

Long Term Liabilities: ACMC's short term assets ($18.2M) do not cover its long term liabilities ($25.3M).


Debt to Equity History and Analysis

Debt Level: ACMC's debt to equity ratio (250.3%) is considered high.

Reducing Debt: ACMC's debt to equity ratio has increased from 223.6% to 250.3% over the past 5 years.

Debt Coverage: ACMC's debt is not well covered by operating cash flow (2%).

Interest Coverage: Insufficient data to determine if ACMC's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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

21.48%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ACMC's dividend (21.48%) is higher than the bottom 25% of dividend payers in the US market (1.6%).

High Dividend: ACMC's dividend (21.48%) is in the top 25% of dividend payers in the US market (4.3%)


Stability and Growth of Payments

Stable Dividend: ACMC's dividend payments have been volatile in the past 10 years.

Growing Dividend: ACMC's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (403.9%), ACMC's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Phil Myers (64 yo)

19.33yrs

Tenure

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. Myer ...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

American Church Mortgage Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: American Church Mortgage Company
  • Ticker: ACMC
  • Exchange: OTCPK
  • Founded: 1994
  • Industry: Mortgage REITs
  • Sector: Diversified Financials
  • Market Cap: US$2.265m
  • Shares outstanding: 1.68m
  • Website: https://church-loans.squarespace.com

Number of Employees


Location

  • American Church Mortgage Company
  • 10400 Yellow Circle Drive
  • Suite 102
  • Minnetonka
  • Minnesota
  • 55343
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ACMCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2002

Biography

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 instrum ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/13 00:07
End of Day Share Price2020/08/10 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.