Impac Mortgage Holdings, Inc.
Impac Mortgage Holdings, Inc. Fundamental Analysis
Impac Mortgage Holdings, Inc. (IMH) shows moderate financial fundamentals with a PE ratio of -0.49, profit margin of 4.49%, and ROE of 20.12%. The company generates $-0.0B in annual revenue with N/A year-over-year growth of N/A.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 133.4/100 based on profitability, valuation, growth, and balance sheet metrics. The A grade reflects excellent fundamentals and strong overall stability.
Fundamental Health Score
We analyze IMH's fundamental strength across five key dimensions:
Efficiency Score
WeakIMH struggles to generate sufficient returns from assets.
Valuation Score
ExcellentIMH trades at attractive valuation levels.
Growth Score
WeakIMH faces weak or negative growth trends.
Financial Health Score
ExcellentIMH maintains a strong and stable balance sheet.
Profitability Score
ModerateIMH maintains healthy but balanced margins.
Key Financial Metrics
Is IMH Expensive or Cheap?
P/E Ratio
IMH trades at -0.49 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, IMH's PEG of -0.00 indicates potential undervaluation.
Price to Book
The market values Impac Mortgage Holdings, Inc. at -0.71 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 0.00 times EBITDA. This is generally considered low.
How Well Does IMH Make Money?
Net Profit Margin
For every $100 in sales, Impac Mortgage Holdings, Inc. keeps $4.49 as profit after all expenses.
Operating Margin
Core operations generate 5.17 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $20.12 in profit for every $100 of shareholder equity.
ROA
Impac Mortgage Holdings, Inc. generates $-27.79 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Impac Mortgage Holdings, Inc. generates limited operating cash flow of $249.57M, signaling weaker underlying cash strength.
Free Cash Flow
Impac Mortgage Holdings, Inc. generates weak or negative free cash flow of $249.57M, restricting financial flexibility.
FCF Per Share
Each share generates $6.82 in free cash annually.
FCF Yield
IMH converts 30.35% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
-0.49
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-0.00
vs 25 benchmark
P/B Ratio
Price to book value ratio
-0.71
vs 25 benchmark
P/S Ratio
Price to sales ratio
-2.20
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
-4.31
vs 25 benchmark
Current Ratio
Current assets to current liabilities
10.74
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
20.12
vs 25 benchmark
ROA
Return on assets percentage
-0.28
vs 25 benchmark
ROCE
Return on capital employed
-0.34
vs 25 benchmark
How IMH Stacks Against Its Sector Peers
| Metric | IMH Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | -0.49 | 18.91 | Better (Cheaper) |
| ROE | 2011.88% | 788.00% | Excellent |
| Net Margin | 449.21% | 2164.00% | Weak |
| Debt/Equity | -4.31 | 0.82 | Strong (Low Leverage) |
| Current Ratio | 10.74 | 616.06 | Strong Liquidity |
| ROA | -27.79% | -23806.00% (disorted) | Weak |
IMH outperforms its industry in 4 out of 6 key metrics, particularly excelling in ROE, but lagging in Net Margin.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Impac Mortgage Holdings, Inc.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
N/A
Industry Style: Value, Dividend, Cyclical
EPS CAGR
N/A
Industry Style: Value, Dividend, Cyclical
FCF CAGR
N/A
Industry Style: Value, Dividend, Cyclical