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Altisource Asset Management

AMEX:AAMC
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AAMC
AMEX
$32M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Altisource Asset Management Corporation, an asset management company, provides portfolio management and corporate governance services to institutional investors in the United States. The last earnings update was 18 days ago. More info.


Add to Portfolio Compare Print
  • Altisource Asset Management is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Altisource Asset Management has significant price volatility in the past 3 months.
AAMC Share Price and Events
7 Day Returns
-7.1%
AMEX:AAMC
-0.4%
US Real Estate
-1.4%
US Market
1 Year Returns
-69.3%
AMEX:AAMC
-15.7%
US Real Estate
1.6%
US Market
AAMC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Altisource Asset Management (AAMC) -7.1% -22.4% -48% -69.3% 12.3% -97.9%
US Real Estate -0.4% -8.6% -11.1% -15.7% 14.9% 0.8%
US Market -1.4% -3.9% 0.2% 1.6% 33.2% 38.2%
1 Year Return vs Industry and Market
  • AAMC underperformed the Real Estate industry which returned -15.7% over the past year.
  • AAMC underperformed the Market in United States of America which returned 1.6% over the past year.
Price Volatility
AAMC
Industry
5yr Volatility vs Market

AAMC Value

 Is Altisource Asset Management 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.

In this section, we usually try to help investors determine whether Altisource Asset Management is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Altisource Asset Management has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Altisource Asset Management. This is due to cash flow or dividend data being unavailable. The share price is $20.2952.
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 Altisource Asset Management's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Altisource Asset Management's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:AAMC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-4.71
AMEX:AAMC Share Price ** AMEX (2019-05-24) in USD $20.3
United States of America Real Estate Industry PE Ratio Median Figure of 26 Publicly-Listed Real Estate Companies 15.15x
United States of America Market PE Ratio Median Figure of 3,084 Publicly-Listed Companies 17.44x

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

** Primary Listing of Altisource Asset Management.

AMEX:AAMC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:AAMC Share Price ÷ EPS (both in USD)

= 20.3 ÷ -4.71

-4.31x

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

  • Altisource Asset Management is loss making, we can't compare its value to the US Real Estate industry average.
  • Altisource Asset Management is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Altisource Asset Management's expected growth come at a high price?
Raw Data
AMEX:AAMC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.31x
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 Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.44x
United States of America Market PEG Ratio Median Figure of 2,121 Publicly-Listed Companies 1.51x

*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 Altisource Asset Management, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Altisource Asset Management's assets?
Raw Data
AMEX:AAMC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $-130.63
AMEX:AAMC Share Price * AMEX (2019-05-24) in USD $20.3
United States of America Real Estate Industry PB Ratio Median Figure of 51 Publicly-Listed Real Estate Companies 1.45x
United States of America Market PB Ratio Median Figure of 5,207 Publicly-Listed Companies 1.8x
AMEX:AAMC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:AAMC Share Price ÷ Book Value per Share (both in USD)

= 20.3 ÷ -130.63

-0.16x

* Primary Listing of Altisource Asset Management.

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

  • Altisource Asset Management has negative assets, we can't compare the value of its assets to the US Real Estate industry average.

Next steps:

  1. Examine Altisource Asset Management's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Altisource Asset Management's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Real Estate industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Altisource Asset Management'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 Real Estate 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 Real Estate industry average (and greater than 0)? (1 check)
  5. Altisource Asset Management has a total score of 0/6, 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.

AAMC Future Performance

 How is Altisource Asset Management 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 Altisource Asset Management 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
3.8%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Altisource Asset Management expected to grow at an attractive rate?
  • Unable to compare Altisource Asset Management's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Altisource Asset Management's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Altisource Asset Management's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AMEX:AAMC Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 3.8%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
AMEX:AAMC 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.
AMEX:AAMC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 15 -3 -8
2018-12-31 15 -2 -11
2018-09-30 15 0 -9
2018-06-30 16 0 -10
2018-03-31 16 2 -10
2017-12-31 17 0 -7
2017-09-30 18 1 -7
2017-06-30 19 3 -6
2017-03-31 19 2 -6
2016-12-31 19 0 -5
2016-09-30 38 -56 -12
2016-06-30 92 -101 -13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Altisource Asset Management is high growth as no earnings estimate data is available.
  • Unable to determine if Altisource Asset Management 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
AMEX:AAMC 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 Altisource Asset Management Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:AAMC Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -4.71
2018-12-31 -6.88
2018-09-30 -5.34
2018-06-30 -5.98
2018-03-31 -6.45
2017-12-31 -4.57
2017-09-30 -4.51
2017-06-30 -3.78
2017-03-31 -3.36
2016-12-31 -2.93
2016-09-30 -6.52
2016-06-30 -6.54

*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 Altisource Asset Management will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Altisource Asset Management's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Altisource Asset Management'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 Real Estate companies here
  3. Altisource Asset Management's competitive advantages and company strategy can generally be found in its financial reports archived 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 Altisource Asset Management'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.
Altisource Asset Management 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.

AAMC Past Performance

  How has Altisource Asset Management 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 Altisource Asset Management's growth in the last year to its industry (Real Estate).
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.
  • Altisource Asset Management does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Altisource Asset Management's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Altisource Asset Management's 1-year growth to the US Real Estate industry average as it is not currently profitable.
Earnings and Revenue History
Altisource Asset Management'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 Altisource Asset Management Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:AAMC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 14.53 -7.56 5.30
2018-12-31 14.74 -11.08 5.21
2018-09-30 15.06 -8.58 5.61
2018-06-30 15.54 -9.55 5.82
2018-03-31 16.28 -10.22 5.57
2017-12-31 17.30 -7.18 6.11
2017-09-30 18.32 -7.06 6.68
2017-06-30 18.85 -6.00 6.57
2017-03-31 19.46 -5.52 7.22
2016-12-31 19.18 -5.14 6.95
2016-09-30 38.38 -12.42 3.60
2016-06-30 92.24 -13.33 7.98
2016-03-31 163.71 -11.32 10.53
2015-12-31 248.10 -3.50 18.89
2015-09-30 346.17 27.25 22.76
2015-06-30 396.75 46.98 23.24
2015-03-31 437.59 59.52 26.20
2014-12-31 423.30 59.51 20.16
2014-09-30 343.03 37.36 30.36
2014-06-30 253.88 17.10 29.50
2014-03-31 145.41 2.38 25.65
2013-12-31 72.30 -5.29 20.51
2012-12-31 -0.06 0.16

*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.
  • It is difficult to establish if Altisource Asset Management has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Altisource Asset Management has efficiently used its assets last year compared to the US Real Estate industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Altisource Asset Management improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Altisource Asset Management'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 Real Estate 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.
Altisource Asset Management 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.

AAMC Health

 How is Altisource Asset Management'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 Altisource Asset Management's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Altisource Asset Management is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Altisource Asset Management's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Altisource Asset Management'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 covered by short term assets, assets are 15.6x 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 Altisource Asset Management Company Filings, last reported 1 month ago.

AMEX:AAMC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 42.19 2.81 37.87
2018-12-31 42.60 0.00 41.94
2018-09-30 49.42 0.00 48.10
2018-06-30 49.62 0.00 46.34
2018-03-31 49.35 0.00 45.87
2017-12-31 52.65 0.00 53.24
2017-09-30 52.27 0.00 32.81
2017-06-30 55.53 0.00 31.65
2017-03-31 59.21 0.00 30.86
2016-12-31 57.06 0.00 58.52
2016-09-30 60.27 0.00 41.89
2016-06-30 56.85 0.00 39.42
2016-03-31 64.55 0.00 41.65
2015-12-31 1,213.91 1,265.97 184.54
2015-09-30 1,299.59 1,442.53 152.63
2015-06-30 1,360.87 1,334.16 145.90
2015-03-31 1,382.92 1,294.14 98.39
2014-12-31 1,398.72 1,339.08 116.78
2014-09-30 1,378.51 1,408.33 91.82
2014-06-30 1,391.95 1,271.48 204.64
2014-03-31 1,490.46 699.95 280.47
2013-12-31 792.97 602.38 140.00
2012-12-31 104.88 0.00 105.01
  • Altisource Asset Management's level of debt (6.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (47.4% vs 6.7% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Altisource Asset Management's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Altisource Asset Management'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. Altisource Asset Management has a total score of 4/6, 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.

AAMC Dividends

 What is Altisource Asset Management'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
0%
Current annual income from Altisource Asset Management dividends.
If you bought $2,000 of Altisource Asset Management shares you are expected to receive $0 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?
  • Unable to evaluate Altisource Asset Management's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Altisource Asset Management's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
AMEX:AAMC 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 Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2007 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 3.8%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Altisource Asset Management has not reported any payouts.
  • Unable to verify if Altisource Asset Management's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Altisource Asset Management's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Altisource Asset Management has not reported any payouts.
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 Altisource Asset Management'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 Altisource Asset Management afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Altisource Asset Management has a total score of 0/6, see the detailed checks below.


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

AAMC Management

 What is the CEO of Altisource Asset Management'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
George Ellison
COMPENSATION $2,456,231
AGE 60
TENURE AS CEO 4.3 years
CEO Bio

Mr. George G. Ellison has been the Chief Executive Officer of Front Yard Residential Corporation (formerly Altisource Residential Corporation) since March 2015 and served as its President from March 31, 2015 to June 30, 2015. Mr. Ellison has been the Chairman and Chief Executive Officer of Altisource Asset Management Corporation since June 2015 and February 17, 2015 respectively. He has over 30 years of high-level banking and mortgage experience. Mr. Ellison is responsible for the overall strategic direction of Altisource Asset Management Corporation and Front Yard. Prior to joining the Altisource Asset Management Corporation, he was employed for 19 years at Bank of America and its predecessor, Nationsbank. Mr. Ellison held several roles over his career at Bank of America, being the executive leading the team that managed the valuation and disposition of Bank of America's legacy mortgage loan portfolio and a leading member of Bank of America's Special Initiatives team that worked to resolve Bank of America's representation and warranty litigation. He served as the Global Head of Structured Products division within Bank of America’s Investment Banking platform since October 2007. His responsibilities involved all Structured Products including RMBS, ABS, ABCP Conduit and CMBS securities, among others. He served as a Co-Head of Global Structured Finance and Head of Global Structured Finance of Bank of America Corp. He has been a Director of Front Yard Residential Corporation since August 2015. He has been a Director of Altisource Asset Management Corporation since June 3, 2015. He holds a Bachelor of Science in Industrial Engineering the University of Pittsburgh and a Masters of Business Administration from the Wharton School of Business.

CEO Compensation
  • George's compensation has been consistent with company performance over the past year, both up more than 20%.
  • George's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Altisource Asset Management management team in years:

4.4
Average Tenure
50
Average Age
  • The tenure for the Altisource Asset Management management team is about average.
Management Team

George Ellison

TITLE
Chairman & CEO
COMPENSATION
$2M
AGE
60
TENURE
4.3 yrs

Robin Lowe

TITLE
Chief Financial Officer
COMPENSATION
$1M
AGE
53
TENURE
4.6 yrs

Rene Dittrich

TITLE
Chief Accounting Officer
COMPENSATION
$514K
AGE
46
TENURE
2 yrs

Stephen Gray

TITLE
General Counsel & Secretary
COMPENSATION
$915K
AGE
47
TENURE
6.5 yrs

Ryan Folger

TITLE
Vice President of Operations
TENURE
4.4 yrs
Board of Directors Tenure

Average tenure and age of the Altisource Asset Management board of directors in years:

3.9
Average Tenure
60
Average Age
  • The tenure for the Altisource Asset Management board of directors is about average.
Board of Directors

George Ellison

TITLE
Chairman & CEO
COMPENSATION
$2M
AGE
60
TENURE
3.9 yrs

Nathaniel Redleaf

TITLE
Director
AGE
33
TENURE
4.9 yrs

Ricardo Byrd

TITLE
Director
COMPENSATION
$129K
AGE
69
TENURE
3.9 yrs

John de Jongh

TITLE
Director
COMPENSATION
$142K
AGE
60
TENURE
2.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
05. Mar 19 Buy Salt Pond Holdings, LLC Company 01. Mar 19 01. Mar 19 57,226 $37.17 $2,127,090
X
Management checks
We assess Altisource Asset Management'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. Altisource Asset Management 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.

AAMC News

Simply Wall St News

With A -85.15% Earnings Drop, Is Altisource Asset Management Corporation's (NYSEMKT:AAMC) A Concern?

Examining Altisource Asset Management Corporation's (NYSEMKT:AAMC) past track record of performance is an insightful exercise for investors. … Today I will assess AAMC's latest performance announced on 31 March 2018 and compare these figures to its longer term trend and industry movements. … See our latest analysis for Altisource Asset Management?

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Who Owns Most Of Altisource Asset Management Corporation (NYSEMKT:AAMC)?

In this article, I'm going to take a look at Altisource Asset Management Corporation’s (AMEX:AAMC) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … View our latest analysis for Altisource Asset Management AMEX:AAMC Ownership_summary May 11th 18 Institutional Ownership AAMC's 34.51% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: With significant institutional ownership, including active hedge, existing investors should seek a margin of safety when investing in AAMC.

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Is Altisource Asset Management Corporation's (AAMC) CEO Paid Enough To Stay Motivated?

George Ellison took the reins as CEO of Altisource Asset Management Corporation's (AMEX:AAMC) and grew market cap to USD$126.46M recently. … Check out our latest analysis for Altisource Asset Management Did Ellison create value? … Typically I would use earnings and market cap to account for variations in performance, however, AAMC's negative earnings reduces the usefulness of my formula.

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What’s Ahead For Altisource Asset Management Corporation (AAMC)?

Altisource Asset Management Corporation (AMEX:AAMC), a USD$126.46M small-cap, is a real estate company operating in an industry which remains the single largest sector globally, and has continued to play a key role in investor portfolios as an asset class. … Real estate analysts are forecasting for the entire industry, a fairly unexciting growth rate of 5.15% in the upcoming year , and a massive growth of 62.59% over the next couple of years. … If AAMC has been on your watchlist for a while, now may be the time to enter into the stock, if you like its ability to deliver growth and are not highly concentrated in the real estate industry.

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AAMC Company Info

Description

Altisource Asset Management Corporation, an asset management company, provides portfolio management and corporate governance services to institutional investors in the United States. The company offers its services under an asset management agreement to Altisource Residential Corporation, which acquires and manages single-family rental properties for working class families. It also provides management services to NewSource Reinsurance Company Ltd. The company was founded in 2012 and is headquartered in Christiansted, Virgin Islands.

Details
Name: Altisource Asset Management Corporation
AAMC
Exchange: AMEX
Founded: 2012
$32,255,587
1,589,321
Website: http://www.altisourceamc.com
Address: Altisource Asset Management Corporation
5100 Tamarind Reef,
Christiansted,
Virgin Islands, 00820,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX AAMC Common Stock NYSE MKT LLC US USD 13. Dec 2012
Number of employees
Current staff
Staff numbers
103
Altisource Asset Management employees.
Industry
Real Estate Services
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 00:35
End of day share price update: 2019/05/24 00:00
Last earnings filing: 2019/05/08
Last earnings reported: 2019/03/31
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.