![EFC Logo](data:image/svg+xml,<svg xmlns='http://www.w3.org/2000/svg' width='18' height='18'><defs><linearGradient id="a" x1="3.349" x2="21.904" y1="3.122" y2="24.434" gradientUnits="userSpaceOnUse"><stop stop-color="%231A1E21"/><stop offset="1" stop-color="%2306060A"/></linearGradient></defs><path fill="url(%23a)" d="M0 0h18v18H0z"/><text x='50%' y='52%' dominant-baseline='middle' text-anchor='middle' font-size='5' font-family='sans-serif' fill='gray'>EFC</text></svg>)
Ellington Financial Inc.
EFC
Real Estate
Mkt Cap
$1.022BPE
20.91Debt
-Cash
$193.8MEV
-FCF
-P/E Ratio
20.91Debt
-Cash
$193.8MEV
-FCF
-Charts data: {"Earnings":[{"time":"2014-12-30","value":59167000},{"time":"2015-12-30","value":38089000},{"time":"2016-12-30","value":-16007000},{"time":"2017-12-30","value":33981000},{"time":"2018-12-30","value":46676000},{"time":"2019-12-30","value":56467000},{"time":"2020-12-30","value":17245000},{"time":"2021-12-30","value":125346000},{"time":"2022-12-30","value":-85339000},{"time":"2023-12-30","value":60902000}],"Sales":[],"Net Margins":[],"Assets":[{"time":"2014-12-30","value":3945355000},{"time":"2015-12-30","value":2991555000},{"time":"2016-12-30","value":2413195000},{"time":"2017-12-30","value":2993341000},{"time":"2018-12-30","value":3971499000},{"time":"2019-12-30","value":4338217000},{"time":"2020-12-30","value":3413863000},{"time":"2021-12-30","value":5177419000},{"time":"2022-12-30","value":14085886000},{"time":"2023-12-30","value":14111525000}],"Stockholders Equity":[{"time":"2014-12-30","value":788544000},{"time":"2015-12-30","value":738952000},{"time":"2016-12-30","value":644777000},{"time":"2017-12-30","value":620961000},{"time":"2018-12-30","value":595170000},{"time":"2019-12-30","value":868699000},{"time":"2020-12-30","value":921572000},{"time":"2021-12-30","value":1323556000},{"time":"2022-12-30","value":1220886000},{"time":"2023-12-30","value":1517071000}],"ROE":[{"time":"2014-12-30","value":0.07503322579336093},{"time":"2015-12-30","value":0.05154461994825104},{"time":"2016-12-30","value":-0.024825637390911898},{"time":"2017-12-30","value":0.05472324348872151},{"time":"2018-12-30","value":0.07842465178016365},{"time":"2019-12-30","value":0.06500180154460866},{"time":"2020-12-30","value":0.018712591094347485},{"time":"2021-12-30","value":0.09470396416925313},{"time":"2022-12-30","value":-0.06989923711140926},{"time":"2023-12-30","value":0.04014446258612814}],"ROA":[{"time":"2014-12-30","value":0.014891182162314925},{"time":"2015-12-30","value":0.02212093710461616},{"time":"2016-12-30","value":0.014820600904609864},{"time":"2017-12-30","value":0.011748744964238956},{"time":"2018-12-30","value":0.01085862038489749},{"time":"2019-12-30","value":0.030658908948077056},{"time":"2020-12-30","value":0.01859652833168759},{"time":"2021-12-30","value":0.025036799223705865},{"time":"2022-12-30","value":0.008292414122902884},{"time":"2023-12-30","value":0.02492012734272164}]}
Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; and commercial mortgage loans and other commercial real estate debt. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; corporate debt and equity securities; corporate loans; and other strategic investments. In addition, the company offers consumer loans and asset-backed securities backed by consumer and commercial assets. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut.
![AHH Logo](data:image/svg+xml,<svg xmlns='http://www.w3.org/2000/svg' width='18' height='18'><defs><linearGradient id="a" x1="3.349" x2="21.904" y1="3.122" y2="24.434" gradientUnits="userSpaceOnUse"><stop stop-color="%231A1E21"/><stop offset="1" stop-color="%2306060A"/></linearGradient></defs><path fill="url(%23a)" d="M0 0h18v18H0z"/><text x='50%' y='52%' dominant-baseline='middle' text-anchor='middle' font-size='5' font-family='sans-serif' fill='gray'>AHH</text></svg>){kind=small}
In the chart Earnings are multiplied by this value.
Earnings Growth 11%
Earnings Stability -17%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | - | - | - | - | - | - | - | - | - | - |
| ROA | 2.2% | 1.5% | 1.2% | 1.1% | 3.1% | 1.9% | 2.5% | 0.83% | 2.5% | 2.3% |
| ROE | 5.2% | -2.5% | 5.5% | 7.8% | 6.5% | 1.9% | 9.5% | -7% | 4% | 3.1% |
What is the average Net Margin?
The average Net Margin over the past 5 years is -.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is -.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is +1.97%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is +0.03%.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is +3.78%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is -1.49%.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | - | - | - | - | - | - | - | - | - | - |
| Debt Equity | - | 0.00 | 0.14 | 0.14 | 0.10 | 0.09 | 0.06 | 0.00 | - | - |
| MIN | ||||||||||
| Graham Stability | - | - | 100% | 100% | 100% | 38% | 100% | -130% | 100% | -130% |
What is the Debt/FCF?
The Debt/FCF trailing twelve month is -.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is -.
What is the Graham’s Stability?
Graham’s Stability measure stands at -1.29.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 12-2016 | 12-2018 | 12-2020 | 12-2022 | Trend |
|---|---|---|---|---|---|
| Revenue | - | - | - | - | - |
| Net Income | - | 5.5% | 52% | - | 72% |
| Stockholders Equity | 13% | 21% | 18% | 24% | 4% |
| FCF | - | - | - | - | - |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is -.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is -.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is +5.46%.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is +71.77%.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is +20.58%.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is +4.03%.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is -.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is -.