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Altisource Asset Management

Market Cap

US$35.4m

Last Updated

2021/05/05 23:23 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: AAMC's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-1.2%

AAMC

-4.6%

US Real Estate

-1.6%

US Market


1 Year Return

12.1%

AAMC

121.1%

US Real Estate

52.8%

US Market

Return vs Industry: AAMC underperformed the US Real Estate industry which returned 117.3% over the past year.

Return vs Market: AAMC underperformed the US Market which returned 52.4% over the past year.


Shareholder returns

AAMCIndustryMarket
7 Day-1.2%-4.6%-1.6%
30 Day-8.8%-6.6%1.3%
90 Day-21.2%-10.8%3.5%
1 Year12.1%12.1%125.7%121.1%55.4%52.8%
3 Year-73.0%-73.0%30.1%21.5%63.5%53.2%
5 Year35.1%35.1%64.0%42.4%125.8%100.7%

Long-Term 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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AAMC ($17.34) is trading below our estimate of fair value ($87.93)

Significantly Below Fair Value: AAMC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AAMC is unprofitable, so we can't compare its PE Ratio to the US Real Estate industry average.

PE vs Market: AAMC is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AAMC has negative assets, so we can't compare its PB Ratio to the US Real Estate industry average.


Future Growth

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

38.4%

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?

-10.3%

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 10.3% 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 (-28.6%).


Return on Equity

High ROE: AAMC has a negative Return on Equity (-17.65%), 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 ($96.6M) exceed its short term liabilities ($13.1M).

Long Term Liabilities: AAMC's short term assets ($96.6M) exceed its long term liabilities ($3.2M).


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 104.2%.

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 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.


Next Steps

Management

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

2.2yrs

Average management tenure


CEO

Thomas McCarthy

0.083

Tenure

Mr. Thomas K. McCarthy serves as Interim Chief Executive Officer at Altisource Asset Management Corporation since April 16, 2021. Mr. McCarthy has extensive experience in real estate and financial services...


Leadership Team

Experienced Management: AAMC's management team is considered experienced (2.2 years average tenure).


Board Members

Experienced Board: AAMC's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


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 26.5%.


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: NYSEAM
  • Founded: 2012
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Market Cap: US$35.436m
  • Shares outstanding: 2.05m
  • Website: https://www.altisourceamc.com

Number of Employees


Location

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

Listings


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...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/05 23:23
End of Day Share Price2021/05/05 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.