TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 Fundamental Analysis (NYSE: MITN)
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 Fundamental Analysis (NYSE: MITN)
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (NYSE: MITN) shows weak financial fundamentals with a PE ratio of 56.18, profit margin of 7.33%, and ROE of 5.37%. The company generates $0.4B in annual revenue with strong year-over-year growth of 14.40%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 50.5/100 based on profitability, valuation, growth, and balance sheet metrics. The C grade reflects average fundamentals, with notable risks in certain areas.
Fundamental Health Score
We analyze MITN's fundamental strength across five key dimensions:
Efficiency Score
WeakMITN struggles to generate sufficient returns from assets.
Valuation Score
ModerateMITN shows balanced valuation metrics.
Growth Score
ModerateMITN shows steady but slowing expansion.
Financial Health Score
ModerateMITN shows balanced financial health with some risks.
Profitability Score
WeakMITN struggles to sustain strong margins.
Key Financial Metrics
Is MITN Expensive or Cheap?
P/E Ratio
MITN trades at 56.18 times earnings. This suggests a premium valuation.
PEG Ratio
When adjusting for growth, MITN's PEG of -1.01 indicates potential undervaluation.
Price to Book
The market values TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 at 1.45 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 2.06 times EBITDA. This is generally considered low.
How Well Does MITN Make Money?
Net Profit Margin
For every $100 in sales, TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 keeps $7.33 as profit after all expenses.
Operating Margin
Core operations generate 88.75 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $5.37 in profit for every $100 of shareholder equity.
ROA
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 generates $0.37 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 produces operating cash flow of $81.99M, showing steady but balanced cash generation.
Free Cash Flow
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 generates strong free cash flow of $81.99M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $2.58 in free cash annually.
FCF Yield
MITN converts 10.02% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
56.18
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-1.01
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.45
vs 25 benchmark
P/S Ratio
Price to sales ratio
1.99
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.18
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.64
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.05
vs 25 benchmark
ROA
Return on assets percentage
0.004
vs 25 benchmark
ROCE
Return on capital employed
0.05
vs 25 benchmark
How MITN Stacks Against Its Sector Peers
| Metric | MITN Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 56.18 | 23.73 | Worse (Expensive) |
| ROE | 5.37% | 762.00% | Weak |
| Net Margin | 7.33% | 2564.00% | Weak |
| Debt/Equity | 0.18 | -36.87 (disorted) | Distorted |
| Current Ratio | 0.64 | 38.39 | Weak Liquidity |
| ROA | 0.37% | 256.00% | Weak |
MITN outperforms its industry in 0 out of 6 key metrics, but lagging in P/E Ratio.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
148.54%
Industry Style: Income, Inflation Hedge, REIT
High GrowthEPS CAGR
104.37%
Industry Style: Income, Inflation Hedge, REIT
High GrowthFCF CAGR
-30.73%
Industry Style: Income, Inflation Hedge, REIT
Declining