Real Estate Investment Trusts · SIC 6798

ADAMAS TRUST, INC.

ADAMH

Watch

Latest revenue

$601.9M

as of 2025-12-31

Latest net income

$149.0M

as of 2025-12-31

Net margin

24.8%

as of 2025-12-31

7.7
of 10

ActaClear Score

Above avg
#21 of 287 in Real Estate Investment Trusts
+0.0 · 2d
Profitability·25%
7.5
Growth·15%
6.8
Value·20%
7.7
Quality·20%
8.0
Momentum·20%
8.4

Computed from 5 years of SEC fundamentals + latest market data, ranked within Real Estate Investment Trusts (287 peers). 10 = best in industry, 5 = median, 0 = worst. Refreshed Jun 7, 2026.

0.53
Price / FV

Fair value · DCF

Deeply undervalued
~89% upside at this growth
11.4% / yr
-5%30%
Terminal growthWACC 9.1% · 10y forecast
Current price
$25.75
DCF fair value
$48.70
FCF base (last FY)
$149.05M
Net debt
$150.10M

DCF: 10-year forecast of free cash flow, discounted at the company's WACC, with a Gordon-growth terminal at year 10. FCF is proxied by last fiscal-year net income (proper FCF needs CFO − CapEx by year, which we don't store yet). Drag the slider to test your own growth thesis — the dominant assumption in any DCF is what comes next, not what the math does with it. Beta defaults to 1.0 when not reported.

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Price · 5Y

+0.2% / yr 19.5 pts / yr vs S&P 500 0.1% total
Compare:

Live market

delayed ≤15 min
$25.75
Market cap
$2.31B
Enterprise value
$-4.31B
P/E (trailing)
15.5×
Forward P/E
P/B
1.59×
Dividend yield
7.0%
52-wk high
$25.99
52-wk low
$24.49
Beta
Shares out
89.9M

5-year trend

About ADAMH

Business description and risk factors will appear here once ADAMH's latest filing is fully ingested.

Profitability

Operating margin

22.9%

198.9%

Net margin

24.8%

260.2%

Return on equity

10.4%

334.9%

Return on assets

1.2%

275.2%

Leverage

Debt / equity

7.86×

40.1%

Long-term debt / equity

0.25×

3.9%

Debt / assets

88.7%

4.5%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$48.6M+15.3%

Q4 2025

2025-12-31

$53.5M+27.1%

Q3 2025

2025-09-30

$44.8M+246.3%

Q2 2025

2025-06-30

$8.5M+154.8%

Q1 2025

2025-03-31

$42.2M+172.8%

Q4 2024

2024-12-31

$42.1M

Q3 2024

2024-09-30

$-30.6M+63.7%

Q2 2024

2024-06-30

$-15.6M-157.0%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Real Estate Investment Trusts · SIC 6798

No data yet for industry average

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Insider activity

No insider transactions on file for ADAMH in the last 12 months.

Source: SEC Form 4 filings. Backfill runs nightly.

Who owns ADAMH

Institutional value

$18.1K

Total shares held

700

Distinct holders

1

+0 vs prior

As of

2025-12-31

Prior: 2025-09-30

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1NBC SECURITIES, INC.700$18.1K+0 (+0.0%)No change

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once ADAMH's latest filing finishes processing.

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