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Shares of Capstead Mortgage Rank the Highest in Terms of EV/EBITDA Ratio in the Mortgage REITs Industry (CMO, IVR, TWO, ANH, NLY)

By James Quinn

Below are the three companies in the Mortgage REITs industry with the highest enterprise value to EBITDA (EV/EBITDA) ratios. EV/EBITDA is an important metric used in valuing comparable companies. It is capital structure neutral and generally the lower the ratio, the more undervalued the company is believed to be.

Capstead Mortgage ranks highest with a an EV/EBITDA ratio of 67.09. Invesco Mortgage Capital is next with a an EV/EBITDA ratio of 50.33. Two Harbors Investment Corp ranks third highest with a an EV/EBITDA ratio of 49.32.

Anworth Mortgage Asset follows with a an EV/EBITDA ratio of 48.31, and Annaly Capital Management rounds out the top five with a an EV/EBITDA ratio of 35.96.

SmarTrend recommended that subscribers consider buying shares of Annaly Capital Management on March 22nd, 2017 as our technology indicated a new Uptrend was in progress when shares hit $11.15. Since that recommendation, shares of Annaly Capital Management have risen 10.9%. We continue to monitor Annaly Capital Management for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest ev/ebitda ratio capstead mortgage invesco mortgage capital amex:two two harbors investment corp anworth mortgage asset annaly capital management

Ticker(s): CMO IVR ANH NLY