WallStSmart

New York Mortgage Trust, Inc. (ADAM)vsAT&T Inc. 5.35% GLB NTS 66 (TBB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

ADAM leads profitability with a 53.0% profit margin vs 0.0%. TBB trades at a lower P/E of 3.8x. ADAM earns a higher WallStSmart Score of 79/100 (B+).

ADAM

Strong Buy

79

out of 100

Grade: B+

Growth: 9.3Profit: 7.5Value: 7.3Quality: 3.5
Piotroski: 4/9Altman Z: -0.60

TBB

Avoid

25

out of 100

Grade: F

Growth: 4.0Profit: 5.0Value: 6.7Quality: 3.5
Piotroski: 5/9Altman Z: 0.87
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ADAMUndervalued (+17.6%)

Margin of Safety

+17.6%

Fair Value

$9.69

Current Price

$8.91

$0.78 discount

UndervaluedFair: $9.69Overvalued

Intrinsic value data unavailable for TBB.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ADAM6 strengths · Avg: 9.7/10
P/E RatioValuation
5.7x10/10

Attractively priced relative to earnings

Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Profit MarginProfitability
53.0%10/10

Keeps 53 of every $100 in revenue as profit

Operating MarginProfitability
51.7%10/10

Strong operational efficiency at 51.7%

Revenue GrowthGrowth
129.8%10/10

Revenue surging 129.8% year-over-year

EPS GrowthGrowth
21.2%8/10

Earnings expanding 21.2% YoY

TBB3 strengths · Avg: 9.0/10
P/E RatioValuation
3.8x10/10

Attractively priced relative to earnings

Market CapQuality
$132.56B9/10

Large-cap with strong market position

Free Cash FlowQuality
$5.17B8/10

Generating 5.2B in free cash flow

Areas to Watch

ADAM4 concerns · Avg: 2.5/10
PEG RatioValuation
2.504/10

Expensive relative to growth rate

Market CapQuality
$822.40M3/10

Smaller company, higher risk/reward

Altman Z-ScoreHealth
-0.602/10

Distress zone — elevated risk

Debt/EquityHealth
7.701/10

Elevated debt levels

TBB4 concerns · Avg: 3.5/10
Revenue GrowthGrowth
0.0%4/10

0.0% revenue growth

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

Operating MarginProfitability
0.0%3/10

Operating margin of 0.0%

Comparative Analysis Report

WallStSmart Research

Bull Case : ADAM

The strongest argument for ADAM centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 53.0% and operating margin at 51.7%. Revenue growth of 129.8% demonstrates continued momentum.

Bull Case : TBB

The strongest argument for TBB centers on P/E Ratio, Market Cap, Free Cash Flow.

Bear Case : ADAM

The primary concerns for ADAM are PEG Ratio, Market Cap, Altman Z-Score. Debt-to-equity of 7.70 is elevated, increasing financial risk.

Bear Case : TBB

The primary concerns for TBB are Revenue Growth, EPS Growth, Profit Margin.

Key Dynamics to Monitor

ADAM profiles as a growth stock while TBB is a value play — different risk/reward profiles.

ADAM is growing revenue faster at 129.8% — sustainability is the question.

TBB generates stronger free cash flow (5.2B), providing more financial flexibility.

Monitor REIT - MORTGAGE industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ADAM scores higher overall (79/100 vs 25/100), backed by strong 53.0% margins and 129.8% revenue growth. Both earn "Strong Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

New York Mortgage Trust, Inc.

REAL ESTATE · REIT - MORTGAGE · USA

Adamas Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. The company is headquartered in New York, New York.

AT&T Inc. 5.35% GLB NTS 66

REAL ESTATE · REIT - RESIDENTIAL · USA

AT&T Inc. provides digital entertainment communications and services. The company is headquartered in Dallas, Texas.

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