New York Mortgage Trust, Inc.
NASDAQ: ADAM · REAL ESTATE · REIT - MORTGAGE
Updated 2026-10-30
New York Mortgage Trust, Inc. (ADAM) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for ADAM.
Valued
Fundamentals support the current valuation. Strong combination of growth, quality, and price.
ADAM historical valuation range
Where current P/E sits in ADAM's own 5Y range.
ADAM intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
ADAM valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
P/S Ratio — History
Current: 1.55x
Is ADAM overvalued in 2026?
New York Mortgage Trust, Inc. (ADAM) currently trades at $6.54 per share with a market capitalization of $590,593,000.00. Based on our multi-factor framework, the stock looks attractively valued with a Smart Value Score of 81/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
ADAM currently has no meaningful P/E ratio, which typically signals that the company is unprofitable, near breakeven, or emerging from a loss-making period. With a P/S ratio of 1.5x, the market is valuing the company primarily on its revenue rather than its earnings.
Looking at its own history, ADAM is currently trading cheaper than 100% of the last 5Y on P/E. This places it in the 0th percentile of its historical range, a level that has historically coincided with attractive entry points.
Our discounted cash flow model estimates ADAM's intrinsic value at $9.37 per share, against the current market price of $6.54. This implies a margin of safety of +14.83%. The stock is priced close to its estimated fair value, offering limited upside without further operational improvement.
The Piotroski F-Score of 4/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.
Bottom line: ADAM looks attractively valued on our framework, with a Smart Value Score of 81/100. The combination of reasonable price, healthy growth, and quality fundamentals makes it worth serious consideration.
Frequently asked questions
Is ADAM overvalued?
ADAM scores 81/100 on our Smart Value Score (Grade A), a strong overall profile. The DCF also shows a positive margin of safety, so price and fundamentals line up reasonably well.
What is ADAM's fair value?
Our DCF model estimates ADAM's intrinsic value at $9.37 per share, versus the current price of $6.54, a margin of safety of +14.83%. Fair value is the present value of the cash flows we project the business to produce, so a price below it means the market is pricing the stock below that conservative estimate.
What P/E ratio does ADAM trade at?
ADAM does not have a meaningful P/E right now, usually a sign of unprofitability or an earnings transition. For unprofitable growth names, price-to-sales is the more useful gauge.
Is ADAM a buy based on valuation?
Our Smart Value rating for ADAM is Strong Buy, from a Smart Value Score of 81/100 that blends growth, quality, and valuation. The rating leans on growth and financial strength, and valuation is usually the weakest leg for a name scoring this high. This is research to inform your decision, not personalized financial advice.
How does ADAM's valuation compare to its history?
On P/E, ADAM sits in the 0th percentile of its own 5Y range, historically cheap relative to where it has traded. A low percentile means today's multiple is near the bottom of its historical band.
What is ADAM's Smart Value Score?
ADAM's Smart Value Score is 81/100. It is a proprietary WallStSmart metric blending growth quality, financial health, and valuation into a single 0-100 read, and scores above 75 are rare, signaling strong multi-factor alignment.