Great Ajax Corp

Company Profile

Great Ajax Corp had its IPO on 2015-02-13 under the ticker symbol AJX.

The company operates in the Real Estate sector and REIT-Mortgage industry. Great Ajax Corp has a staff strength of 0 employees.

Stock update

Shares of Great Ajax Corp opened at $6.25 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $6.16 - $6.43, and closed at $6.43.

This is a +2.72% increase from the previous day's closing price.

A total volume of 95,410 shares were traded at the close of the day’s session.

In the last one week, shares of Great Ajax Corp have increased by +1.1%.

Great Ajax Corp's Key Ratios

Great Ajax Corp has a market cap of $167.70 million, indicating a price to book ratio of 0.5498 and a price to sales ratio of 3.3314.

In the last 12-months Great Ajax Corp’s revenue was $50.89 million with a gross profit of $68.28 million and an EBITDA of $0. The EBITDA ratio measures Great Ajax Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Great Ajax Corp’s operating margin was 53.38% while its return on assets stood at 0.04% with a return of equity of 0.15%.

In Q4, Great Ajax Corp’s quarterly earnings growth was a negative -50% while revenue growth was a negative 74.6%.

Great Ajax Corp’s PE and PEG Ratio

Forward PE

6.5746

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.59 per share while it has a forward price to earnings multiple of 6.5746 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Great Ajax Corp’s profitability.

Great Ajax Corp stock is trading at a EV to sales ratio of 97.9022 and a EV to EBITDA ratio of 16.8223. Its price to sales ratio in the trailing 12-months stood at 3.3314.

Great Ajax Corp stock pays annual dividends of $1.03 per share, indicating a yield of 13.14% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.48 billion

Total Liabilities

$106.05 million

Operating Cash Flow

$12.42 million

Capital Expenditure

$0

Dividend Payout Ratio

0%

Great Ajax Corp ended 2023 with $1.48 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.48 billion while shareholder equity stood at $335.33 million.

Great Ajax Corp ended 2023 with $0 in deferred long-term liabilities, $106.05 million in other current liabilities, 241000.00 in common stock, $13.28 million in retained earnings and $0 in goodwill. Its cash balance stood at $47.85 million and cash and short-term investments were $1.04 billion. The company’s total short-term debt was $106,046,000 while long-term debt stood at $210.30 million.

Great Ajax Corp’s total current assets stands at $1.04 billion while long-term investments were $1.25 billion and short-term investments were $989.08 million. Its net receivables were $7.45 million compared to accounts payable of $11.45 million and inventory worth $0.

In 2023, Great Ajax Corp's operating cash flow was $12.42 million while its capital expenditure stood at $0.

Comparatively, Great Ajax Corp paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$6.43

52-Week High

$10.7897

52-Week Low

$7.02

Analyst Target Price

$12.8

Great Ajax Corp stock is currently trading at $6.43 per share. It touched a 52-week high of $10.7897 and a 52-week low of $10.7897. Analysts tracking the stock have a 12-month average target price of $12.8.

Its 50-day moving average was $7.82 and 200-day moving average was $8.09 The short ratio stood at 1.12 indicating a short percent outstanding of 0%.

Around 923.5% of the company’s stock are held by insiders while 6477.3% are held by institutions.