NASD · Real Estate · REIT - Mortgage · USA
Adamas Trust Inc is a small cap company (market value between $300 million and $2 billion) in the REIT - Mortgage industry.
Adamas Trust is an internally-managed real estate investment trust that deploys capital across complementary businesses to generate earnings and stockholder value. The company's investment portfolio includes single-family and multi-family properties, Agency residential mortgage-backed securities, residential loans, and other fixed-income investments. Through its wholly-owned subsidiary Constructive, the company also makes short-term loans collateralized by residential properties to investors.
From its FY2025 annual report (Form 10-K)
Intrinsic value, DCF valuation, financial health and value investing analysis for the Adamas Trust Inc stock.
Undervalued: intrinsic value $17.33 per share, market price $7.37, margin of safety 57.5% (as of 2026-10-19).
Book value at 1.40x, the multiple a 14.2% return on equity justifies, blended with earnings, values the shares at $17.33; the price of $7.37 is 57% below that value.
Leak Score: 60/100 on 12 of 12 signals (Faint Leak).
17 more funds hold it; the full list is part of the paid plan.
ADAM is undervalued (as of the 2026-10-19 close). Book value at 1.40x, the multiple a 14.2% return on equity justifies, blended with earnings, values the shares at $17.33; the price of $7.37 is 57% below that value.
$17.33 per share (as of the 2026-10-19 close), against a market price of $7.37. That is a margin of safety of 57.5%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.
60 out of 100, which we rate "Faint Leak", on 12 of 12 value investing signals.