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Adamas Trust, Inc.

ADAM

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In addition, the following defines certain of the commonly used terms in this report: ABS refers to debt and/or equity tranches of securitizations backed by various asset classes including, but not limited to, automobiles, aircraft, credit cards, equipment, franchises, recreational vehicles and student loans; Agency ARMs refers to Agency RMBS comprised of adjustable-rate and hybrid adjustable-r…

Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap$591M
EPS-$0.57
P/E-11.47
P/FCF4.69
EV/EBITDA15.43
FCF Yield21.3%
Div. Yield14.78%
Net Debt/FCF–
Adamas Trust, Inc. intrinsic value
52-Week Range
$6.54$10.23

Profitability & Returns

Revenue

N/A

Net Income (TTM)

-$2M

▲ +340.3% YoY

Op. Margin

–

ROIC

1.60%

▲ +9.9pp YoY

Cash Flow & Balance Sheet

FCF (FY)

$126M

▲ +1290.3% YoY

Op. Cash Flow (TTM)

$114M

▲ +852.6% YoY

Net Debt

$501M

Cash & Equiv.

$262M

5Y CAGR: +2.6%

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Peers

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Held by ETFs

ADAM is in 51 US ETFs. The largest of them, with ADAM's weight in each:

Adamas Trust (ADAM) in four numbers

Fair value (ffo)
$8.93
Price $6.54 is 27% below it.
Intrinsic Value
Quality score
34/100
Best check: share count change, -4.3%. Weakest: interest coverage, 0.1x.
Quality
Dividend (FY2025)
$0.83
12.62% yield, not raised in the latest year.
Dividends
P/E
-11.47
Negative: a loss over the last twelve months. Price to free cash flow 4.69.
Financials

Questions about Adamas Trust

Is Adamas Trust (ADAM) overvalued?

At $6.54, Adamas Trust's price is 27% below the $8.93 a share fair value that Intrinsiqq's calculator gets from its ffo. It trades at 4.69 times free cash flow. The growth behind that figure is yours to set on the Intrinsic Value tab. See how to tell if a stock is overvalued.

What is Adamas Trust's fair value?

Intrinsiqq's calculator puts Adamas Trust's fair value at $8.93 a share. It grows FFO per share 5% a year for 5 years, applies an exit P/FFO of 15, and works back at a 10% yearly return. A 25% margin of safety gives a buy-below price of $6.70. Every input can be changed on the Intrinsic Value tab.

Is Adamas Trust a high-quality business?

Adamas Trust scores 34 out of 100 on Intrinsiqq's quality score, which makes it a lower-quality business on these measures. The score blends 6 checks computed from SEC filings. Its best check is share count change at -4.3%, and its weakest is interest coverage at 0.1x. The Quality tab shows every check against its target.

Does Adamas Trust (ADAM) pay a dividend, and how much?

Yes. Adamas Trust (ADAM) pays a dividend: $0.83 per share for fiscal 2025, a dividend yield of 12.62% at the latest close. Its dividend per share has shrunk at 6.2% a year over the last 5 years. The Dividends tab has the full payment history and the safety score.

Source: 10-Q filed 23 Oct 2026 (period ending 30 Sept 2026), SEC. Price: last close 30 Oct 2026. How this is calculated. Sector medians are approximate S&P 500 benchmarks and update periodically. Analysis, not investment advice.

Spot a number that looks wrong? Check it in ADAM's SEC filings or

Download this analysis as a PDF (Pro)

Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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