AMEX:AAMC

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Altisource Asset Management

Executive Summary

Altisource Asset Management Corporation, an asset management company, provides portfolio management and corporate governance services to institutional investors in the United States.


Snowflake Analysis

Share Price & News

How has Altisource Asset Management's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

6.4%

AAMC

7.5%

US Real Estate

2.9%

US Market


1 Year Return

5.5%

AAMC

-17.4%

US Real Estate

9.5%

US Market

Return vs Industry: AAMC exceeded the US Real Estate industry which returned -17.4% over the past year.

Return vs Market: AAMC underperformed the US Market which returned 9.5% over the past year.


Shareholder returns

AAMCIndustryMarket
7 Day6.4%7.5%2.9%
30 Day-4.2%2.4%5.1%
90 Day-13.6%-25.9%2.5%
1 Year5.5%5.5%-16.9%-17.4%12.0%9.5%
3 Year-80.5%-80.5%-19.9%-21.7%30.8%22.1%
5 Year-89.5%-89.5%-26.6%-28.9%57.4%39.7%

Price Volatility Vs. Market

How volatile is Altisource Asset Management's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Altisource Asset Management undervalued compared to its fair value and its price relative to the market?


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.

Future Growth

How is Altisource Asset Management forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.5%

Forecasted Real Estate 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 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 SimplyWall St do have past financial data.

Past Performance

How has Altisource Asset Management performed over the past 5 years?

-54.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AAMC is currently unprofitable.

Growing Profit Margin: AAMC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AAMC is unprofitable, and losses have increased over the past 5 years at a rate of -54.1% per year.

Accelerating Growth: Unable to compare AAMC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AAMC is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-6.4%).


Return on Equity

High ROE: AAMC has a negative Return on Equity (-14.38%), as it is currently unprofitable.

Financial Health

How is Altisource Asset Management's financial position?


Financial Position Analysis

Short Term Liabilities: AAMC's short term assets ($42.9M) exceed its short term liabilities ($6.5M).

Long Term Liabilities: AAMC's short term assets ($42.9M) exceed its long term liabilities ($4.0M).


Debt to Equity History and Analysis

Debt Level: AAMC is debt free.

Reducing Debt: AAMC has no debt compared to 5 years ago when its debt to equity ratio was 93.7%.

Debt Coverage: AAMC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AAMC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Dividend

What is Altisource Asset Management's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AAMC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AAMC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AAMC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AAMC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AAMC's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

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

4.2yrs

Average management tenure


CEO

George Ellison (61yo)

0.33

Tenure

US$3,218,036

Compensation

Mr. George G. Ellison is Chief Executive Officer of Front Yard Residential Corporation (formerly Altisource Residential Corporation) since March 2015 and is its President from March 31, 2015 to June 30, 20 ...


CEO Compensation Analysis

Compensation vs Market: George's total compensation ($USD3.22M) is above average for companies of similar size in the US market ($USD593.13K).

Compensation vs Earnings: George's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
George Ellison
Chairman & Co-CEO0.33yrUS$3.22m5.48% $1.6m
Robin Lowe
Chief Financial Officer5.58yrsUS$1.17m2.05% $598.4k
Stephen Gray
General Counsel & Secretary7.42yrsUS$1.13m0.62% $182.0k
Indroneel Chatterjee
Co-CEO, Director & President0.33yrno data3.69% $1.1m
Ryan Folger
Vice President of Operations5.42yrsno datano data
Rene Dittrich
Chief Accounting Officer3yrsUS$513.85kno data

4.2yrs

Average Tenure

48yo

Average Age

Experienced Management: AAMC's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
George Ellison
Chairman & Co-CEO0.33yrUS$3.22m5.48% $1.6m
Indroneel Chatterjee
Co-CEO, Director & President0.33yrno data3.69% $1.1m
Ricardo Byrd
Independent Director4.83yrsUS$125.78k0.25% $72.6k
John de Jongh
Independent Director3.42yrsUS$157.03k0.12% $33.7k
John Engerman
Director0.83yrUS$47.72kno data

3.4yrs

Average Tenure

61yo

Average Age

Experienced Board: AAMC's board of directors are considered experienced (3.4 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 2.3%.


Top Shareholders

Company Information

Altisource Asset Management Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Altisource Asset Management Corporation
  • Ticker: AAMC
  • Exchange: AMEX
  • Founded: 2012
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Market Cap: US$29.224m
  • Shares outstanding: 1.63m
  • Website: https://www.altisourceamc.com

Number of Employees


Location

  • Altisource Asset Management Corporation
  • 5100 Tamarind Reef
  • Christiansted
  • Virgin Islands
  • 820
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AAMCAMEX (NYSE MKT LLC)YesCommon StockUSUSDDec 2012

Biography

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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 06:56
End of Day Share Price2020/05/28 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.