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ADAM Adamas Trust, Inc. - Fundamental Analysis

BEARISH
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ADAM Stock | Fundamental Analysis & Investment Insights
NASDAQ Real Estate REIT - Mortgage
Current Price Live
$8.14
Analyst Target
$11.25
+38.2% Upside
52W High
$8.76
52W Low
$5.01

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AI Analysis

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Confidence Score
85%
Analysis Accuracy
ADAM's Piotroski F-Score of 2/9 indicates severe financial distress, with weak operational and capital structure health. The absence of an Altman Z-Score and a Debt/Equity ratio of 7.69 signal high leverage and potential insolvency risk. Despite a high dividend yield of 10.57%, the payout ratio of 436.84% is unsustainable, suggesting the dividend is being funded by debt or capital depletion. The stock trades at a forward P/E of 7.28, but this is misleading given the erratic earnings history and massive revenue growth anomaly (14,301.7% YoY), which likely reflects one-time or non-recurring events. The technical trend is bearish, and insider activity is neutral, offering no confidence in management's conviction.

Key Strengths

Exceptionally high profit margins (Gross: 75.22%, Operating: 48.38%, Net: 46.07%) suggest strong pricing power or low cost structure
Recent quarterly earnings surprises have been positive in the last four quarters (average +50.56%)
Dividend yield of 10.57% is attractive for income investors despite sustainability concerns
Forward P/E of 7.28 appears undervalued relative to sector average of 49.55
Strong recent price momentum with 1Y return of +43.4% and 6M return of +21.4%

Key Risks

Piotroski F-Score of 2/9 indicates severe financial weakness and poor operational health
Debt/Equity ratio of 7.69 is extremely high, signaling significant financial leverage and distress risk
Payout ratio of 436.84% is unsustainable and suggests dividend is not covered by earnings
Revenue growth of 14,301.7% YoY is likely non-recurring or distorted, undermining growth credibility
No operating cash flow or free cash flow data available, raising concerns about capital generation
AI Fair Value Estimate
Based on comprehensive analysis
$1.33
-83.7% below current price

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