WallStSmart

New York Mortgage Trust, Inc. (ADAM)vsStarwood Property Trust Inc (STWD)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Starwood Property Trust Inc generates 80% more annual revenue ($580.84M vs $323.40M). STWD leads profitability with a 60.5% profit margin vs 48.1%. STWD appears more attractively valued with a PEG of 1.74. ADAM earns a higher WallStSmart Score of 73/100 (B).

ADAM

Strong Buy

73

out of 100

Grade: B

Growth: 8.0Profit: 7.5Value: 6.7Quality: 3.0
Piotroski: 4/9Altman Z: -0.60

STWD

Buy

59

out of 100

Grade: C

Growth: 5.3Profit: 6.5Value: 7.3Quality: 2.5
Piotroski: 2/9Altman Z: 0.03
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ADAMUndervalued (+7.2%)

Margin of Safety

+7.2%

Fair Value

$8.60

Current Price

$8.98

$0.38 discount

UndervaluedFair: $8.60Overvalued
STWDUndervalued (+84.7%)

Margin of Safety

+84.7%

Fair Value

$118.33

Current Price

$17.05

$101.28 discount

UndervaluedFair: $118.33Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ADAM5 strengths · Avg: 9.6/10
P/E RatioValuation
7.6x10/10

Attractively priced relative to earnings

Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Profit MarginProfitability
48.1%10/10

Keeps 48 of every $100 in revenue as profit

Operating MarginProfitability
44.5%10/10

Strong operational efficiency at 44.5%

EPS GrowthGrowth
21.2%8/10

Earnings expanding 21.2% YoY

STWD4 strengths · Avg: 9.0/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Profit MarginProfitability
60.5%10/10

Keeps 61 of every $100 in revenue as profit

P/E RatioValuation
17.9x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
21.8%8/10

Revenue surging 21.8% year-over-year

Areas to Watch

ADAM4 concerns · Avg: 2.8/10
PEG RatioValuation
2.504/10

Expensive relative to growth rate

Market CapQuality
$797.07M3/10

Smaller company, higher risk/reward

Free Cash FlowQuality
$-17.68M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
-0.602/10

Distress zone — elevated risk

STWD4 concerns · Avg: 3.0/10
PEG RatioValuation
1.744/10

Expensive relative to growth rate

Return on EquityProfitability
5.3%3/10

ROE of 5.3% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

EPS GrowthGrowth
-60.4%2/10

Earnings declined 60.4%

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 48.1% and operating margin at 44.5%. Revenue growth of 10.7% demonstrates continued momentum.

Bull Case : STWD

The strongest argument for STWD centers on Price/Book, Profit Margin, P/E Ratio. Profitability is solid with margins at 60.5% and operating margin at 17.4%. Revenue growth of 21.8% demonstrates continued momentum.

Bear Case : ADAM

The primary concerns for ADAM are PEG Ratio, Market Cap, Free Cash Flow. Debt-to-equity of 7.65 is elevated, increasing financial risk.

Bear Case : STWD

The primary concerns for STWD are PEG Ratio, Return on Equity, Piotroski F-Score. Debt-to-equity of 3.47 is elevated, increasing financial risk.

Key Dynamics to Monitor

ADAM profiles as a mature stock while STWD is a growth play — different risk/reward profiles.

ADAM carries more volatility with a beta of 1.26 — expect wider price swings.

STWD is growing revenue faster at 21.8% — sustainability is the question.

ADAM generates stronger free cash flow (-18M), providing more financial flexibility.

Bottom Line

ADAM scores higher overall (73/100 vs 59/100), backed by strong 48.1% margins and 10.7% revenue growth. STWD offers better value entry with a 84.7% margin of safety. Both earn "Strong Buy" and "Buy" 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.

Starwood Property Trust Inc

REAL ESTATE · REIT - MORTGAGE · USA

Starwood Property Trust, Inc. is a real estate investment trust (REIT) in the United States and Europe. The company is headquartered in Greenwich, Connecticut.

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