Great Ajax Corp.

RPT Real Estate Reit Mortgage

In the quarter to June 2026, revenue fell 3.73%, EPS grew 50.0%, free cash flow fell 231.9% and total debt fell 13.4%, each against the same quarter a year earlier.

10.43 0.37 −3.43%
Market cap
$83.9M
P/E
0.0×
Fwd P/E
−11.6×
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 83.94
Revenue 15.07
Net Income 2.98
Free Cash Flow (8.99)
Net Debt 456.48
Current Ratio 1.00
Debt/Equity 1.84
P/E ratio 0.00
Fwd P/E (11.60) (negative: loss-making)
P/S ratio 5.36
P/B ratio 0.35
Past 5Y EPS Growth —
This Y EPS Growth 116.67% (at or above 15%: strong)
Next Y EPS Growth 7,549.62% (at or above 15%: strong)
Next Y revenue growth 9.97%
Next 5Y EPS Growth (4.03%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 80.14%
10-year low 10-year high
P/B against its own 10 years 0.52%
10-year low 10-year high
EV/Sales against its own 10 years 83.59%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2027 Powerpack
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 1.21
0.25
0.14
0.20
0.14
0.20
0.14
0.14
2022 1.32
0.10
0.13
0.26
0.13
0.27
0.13
0.27
0.13
2021 1.21
0.17
0.08
0.19
0.08
0.21
0.12
0.24
0.12
2020 0.73
0.22
0.17
0.17
0.17
2019 2.12
0.05
0.31
0.22
0.31
0.22
0.31
0.22
0.31
0.22
2018 2.06
0.29
0.22
0.29
0.22
0.29
0.22
0.31
0.22
2017 1.97
0.24
0.22
0.27
0.22
0.29
0.22
0.29
0.22
2016 1.82
0.23
0.21
0.24
0.21
0.24
0.22
0.24
0.22
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 53 64 80 67
Receivables — — — —
Inventory — — — —
Other — — — —
973 488 472 431
2023 2024 2025 Q'26
Payables — — — —
ST’ Debt 376 357 407 311
Other — — — —
494 472 524 432

Compound Annual Growth %

10y 5y 3y
Sales (8.52%) (24.69%) (24.37%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 2.04% (10.77%) (4.81%)

Revenue $m

Mar Jun Sep Dec Year
’26 4 4 — — —
’25 4 4 4 3 15
’24 — 0 4 55 9
’23 1 (2) 1 — —
’22 15 9 11 1 36
’21 20 20 19 19 78
’20 8 16 17 23 64
Fiscal quarters ending in the months shown.
value withheld pending a data check

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) (1) — — —
’25 (2) 0 (6) (1) (8)
’24 (8) 16 (5) (2) 0
’23 (17) (7) (11) (12) (46)
’22 (11) 14 2 (3) 1
’21 (9) (14) 8 (3) (18)
’20 (30) 20 4 (8) (14)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) (1) — — —
’25 (1) 1 (5) 0 (6)
’24 (8) 17 (5) (2) 2
’23 (16) (6) (10) (11) (43)
’22 (11) 14 5 (2) 6
’21 (8) (10) 9 (2) (12)
’20 (27) 24 6 (6) (3)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.43) 0.09 — — —
’25 (0.48) 0.06 (0.18) 0.26 (0.36)
’24 (14.46) (1.92) (1.08) 0.36 (13.74)
’23 (2.10) (3.06) (1.50) (5.16) (11.76)
’22 0.90 (2.40) (4.26) (1.80) (7.56)
’21 1.80 2.52 2.28 1.16 8.52
’20 0.12 1.62 1.38 2.46 5.58
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 54.36 76.32 69.36 71.04 23.76 57.72 42.12 24.48 16.50 13.71

Analyst estimates 2026–2028

Powerpack
High 86.87 92.40 84.78 95.76 92.40 88.44 81.90 55.44 36.06 20.52
People
People Employees — — — — — — — — — —
Revenue/emp, $m 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Income, $m
Income, $m Revenue 47 55 58 65 64 78 36 — 9 15
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
EBT 29 30 31 37 34 42 (12) (47) (93) 2
EBT margin, % 61.91 55.27 53.99 57.32 52.77 53.97 (33.96) 273.60 (998.76) 9.95
Net income 29 30 31 37 34 42 (15) (47) (93) 1
Depreciation 7 7 7 6 5 6 4 3 5 2
Per share, $
Per share, $ Revenue 16.73 18.19 18.72 19.76 16.85 20.46 9.40 (4.22) 1.39 2.04
Earnings 10.02 9.54 9.00 10.56 5.94 8.52 (7.56) (11.76) (13.74) (0.36)
Cash flow (1.87) (2.89) 0.33 (4.56) (3.72) (4.79) 0.30 (11.48) 0.04 (1.10)
Capex 3.27 5.69 0.72 (3.07) 2.94 1.72 1.31 0.97 0.28 0.35
Free cash flow 1.40 2.80 1.06 (7.63) (0.78) (3.06) 1.60 (10.51) 0.32 (0.75)
Book value 101.29 105.36 107.56 116.90 136.31 131.37 88.99 76.79 36.84 38.45
Shares, m 3 3 3 3 4 4 4 4 7 8
Valuation, ×
Valuation, × P/E 8.04 8.74 7.98 8.42 10.57 8.95 0.00 0.00 0.00 0.00
P/S 4.82 4.59 3.86 4.50 3.72 3.86 4.69 0.00 12.83 8.14
P/B 0.80 0.79 0.67 0.76 0.59 0.78 0.55 0.52 0.48 0.52
EV/Sales 18.38 22.69 24.61 21.77 19.59 18.48 31.89 (57.50) 72.03 44.03
EV/FCF 220.25 114.18 436.38 (56.34) (421.42) (123.47) 186.77 (23.08) 311.07 (119.76)
Cash, $m
Cash, $m Operating cash flow (5) (9) 1 (15) (14) (18) 1 (46) 0 (8)
Capex 9 17 2 (10) 11 7 5 4 2 3
Free cash flow 4 8 3 (25) (3) (12) 6 (43) 2 (6)
Balance, $m
Balance, $m Working capital 687 1,070 841 813 815 660 483 479 16 (52)
Total debt 670 1,073 1,262 1,186 1,117 1,224 1,017 890 615 633
Net debt 633 992 1,207 1,121 1,009 1,140 969 838 551 553
Shareholders’ equity 283 317 334 384 514 500 337 311 247 291
Returns, %
Returns, % ROA 3.53 2.43 1.89 2.16 1.41 1.98 (1.75) (3.49) (7.97) (0.27)
ROIC 2.01 1.50 1.31 1.56 1.40 1.66 0.01 (2.54) (7.28) 0.11
ROE 10.64 9.53 8.70 9.57 5.81 8.60 (8.23) (17.01) (35.24) (1.13)
Negative figures in brackets.
value withheld pending a data check

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Great Ajax Corp. vs peers in Reit Mortgage (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MITT TPG Mortgage Investment Trust Inc. $176.2M 7.2× 11.8× +11.99% (above 0%: growing) n/m +110.45% (above 0%: growing) 100.00% 100.45% Compare
AOMR Angel Oak Mortgage REIT Inc. $167.6M 9.1× 14.1× +17.96% (above 0%: growing) +366.67% (above 0%: growing) −496.84% (below 0%: shrinking) 25.95% 8.10% Compare
CMTG Claros Mortgage Trust, Inc. $166.5M — (loss-making) — (loss-making) −42.45% (below 0%: shrinking) n/m +58.23% (above 0%: growing) 76.18% (64.67%) Compare
ACR ACRES Commercial Realty Corp. $140.9M — (loss-making) — (loss-making) −4.08% (below 0%: shrinking) n/m −57.74% (below 0%: shrinking) 92.55% (26.38%) Compare
CHMI Cherry Hill Mortgage Investment Corporation $94.6M 13.8× 6.5× +79.33% (above 0%: growing) n/m −62.73% (below 0%: shrinking) 100.00% 210.75% Compare
SUNS Sunrise Realty Trust, Inc. $87.3M 6.6× 7.4× +2.64% (above 0%: growing) −8.00% (below 0%: shrinking) +214.97% (above 0%: growing) 100.00% 61.88% Compare
RPT Great Ajax Corp. $83.9M — (loss-making) — (loss-making) −3.73% (below 0%: shrinking) +50.00% (above 0%: growing) −231.94% (below 0%: shrinking) 100.00% 49.93%
SACH Sachem Capital Corp. $39.9M — (loss-making) 20.4× −13.16% (below 0%: shrinking) n/m −132.71% (below 0%: shrinking) 100.00% (57.54%) Compare
LOAN Manhattan Bridge Capital, Inc $39.8M 8.4× 9.6× −13.16% (below 0%: shrinking) −16.67% (below 0%: shrinking) +16.91% (above 0%: growing) 100.00% 56.20% Compare
Median of peers $117.7M 8.4× 10.7× −0.72% −8.00% −20.41% 100.00% 32.15%

All 37 Reit Mortgage stocks →

Great Ajax Corp. (RPT) key facts

  • Great Ajax Corp. (RPT) is a Reit Mortgage company in the Real Estate sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, RPT traded at $10.43, a market capitalization of $83.9 million.
  • Return on equity was −1.13% and debt-to-equity 1.84.

Source: company filings (standardised) and stockrow calculations.

Great Ajax Corp. (RPT) Latest News

2 Nov

Impact 4 · transcript
stockrow.com/RPT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com