Great Ajax Corp.

  • Market Cap: Micro Cap
  • Industry: Realty
  • ISIN: US38983D3008
USD
2.60
-0.02 (-0.76%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

44.49 k

Shareholding (Mar 2025)

FII

2.49%

Held by 27 FIIs

DII

86.75%

Held by 14 DIIs

Promoter

0.00%

How big is Great Ajax Corp.?

22-Jun-2025

As of Jun 18, Great Ajax Corp. has a market capitalization of 120.15 million, with net sales of 43.28 million and a net profit of -22.68 million over the latest four quarters. Shareholder's funds are at 246.92 million, and total assets amount to 977.34 million.

As of Jun 18, Great Ajax Corp. has a market capitalization of 120.15 million, categorizing it as a Micro Cap company.<BR><BR>As of Jun 18, the company reported net sales of 43.28 million for the latest four quarters. During the same period, the net profit was recorded at -22.68 million.<BR><BR>As of Dec 24, the reporting period for the balance sheet shows shareholder's funds at 246.92 million and total assets amounting to 977.34 million.

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What does Great Ajax Corp. do?

22-Jun-2025

Great Ajax Corp. is a real estate company that acquires and manages re-performing and non-performing mortgage loans secured by single-family homes. As of March 2025, it reported net sales of $11 million and a net loss of $3 million, with a market cap of $120.15 million.

Overview: <BR>Great Ajax Corp. is an externally managed real estate company focused on acquiring, investing in, and managing a portfolio of re-performing and non-performing mortgage loans secured by single-family residences, and it operates within the Realty industry in the micro-cap market.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 11 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -3 Million (Quarterly Results - Mar 2025) <BR>Market cap: USD 120.15 Million (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: NA (Loss Making) <BR>Industry P/E: NA <BR>Dividend Yield: 471.97% <BR>Debt Equity: -999,999.00 <BR>Return on Equity: -7.18% <BR>Price to Book: 0.41<BR><BR>Contact Details: <BR>Address: 9400 SW Beaverton Hillsdale Hwy Ste 131, BEAVERTON OR: 97005-3300 <BR>Tel: 1 503 2955800 <BR>Website: https://www.greatajax.com/

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Who are in the management team of Great Ajax Corp.?

22-Jun-2025

As of March 2022, the management team of Great Ajax Corp. includes CEO Lawrence Mendelsohn, President Russell Schaub, and several independent directors: Steven Begleiter, John Condas, Paul Friedman, Jonathan Handley, and J. Kirk Ogren. This team provides executive leadership and governance for the company.

As of March 2022, the management team of Great Ajax Corp. includes the following individuals:<BR><BR>- Mr. Lawrence Mendelsohn: Chairman of the Board, Chief Executive Officer, and Manager of Thetis Asset Management LLC.<BR>- Mr. Russell Schaub: President, Director, and Vice President and Chief Operating Officer of Gregory Funding LLC.<BR>- Mr. Steven Begleiter: Director.<BR>- Mr. John Condas: Independent Director.<BR>- Mr. Paul Friedman: Independent Director.<BR>- Mr. Jonathan Handley: Independent Director.<BR>- Mr. J. Kirk Ogren: Independent Director. <BR><BR>This team comprises a mix of executive leadership and independent directors, contributing to the governance and strategic direction of the company.

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Is Great Ajax Corp. overvalued or undervalued?

20-Sep-2025

As of March 2, 2023, Great Ajax Corp. has been downgraded to risky due to overvaluation concerns, reflected in its low Price to Book Value of 0.41 and poor stock performance, with a 1-year return of -26.11% compared to the S&P 500's 17.14%.

As of 2 March 2023, Great Ajax Corp. moved from very attractive to risky, indicating a significant downgrade in its valuation outlook. The company appears to be overvalued given its current valuation metrics, particularly with a Price to Book Value of 0.41, an EV to EBIT of 1.35, and an EV to Sales ratio of 0.57, which suggest that the market may not be accurately reflecting the company's financial health. <BR><BR>In comparison to its peers, Great Ajax Corp. has a notably high EV to EBITDA ratio of 1.35, while Industrial Logistics Properties Trust stands at 0.7955 and City Office REIT, Inc. at 2.8443, further highlighting its relative valuation challenges. Additionally, the company's recent stock performance has underperformed against the S&P 500, with a 1-year return of -26.11% compared to the index's 17.14%, reinforcing the notion that the stock may be overvalued in the current market environment.

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Is Great Ajax Corp. technically bullish or bearish?

20-Sep-2025

As of September 8, 2025, Great Ajax Corp. shows a neutral technical stance with mixed signals, transitioning from mildly bearish to sideways, while significantly underperforming the S&P 500 with a 1-year return of -26.11% and a 5-year return of -72.66%.

As of 8 September 2025, the technical trend for Great Ajax Corp. has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The MACD is mildly bullish on both weekly and monthly time frames, while the KST also shows mild bullishness. However, the Bollinger Bands and moving averages indicate a bearish trend on the daily and monthly levels. The RSI shows no signal for both weekly and monthly periods. <BR><BR>In terms of performance, the stock has underperformed significantly compared to the S&P 500 across multiple periods, with a 1-year return of -26.11% versus the S&P 500's 17.14%, and a staggering 5-year return of -72.66% compared to the S&P 500's 96.61%.

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iScoreScore
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Strong Sell
Sell
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Strong Buy

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Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 3.35%

  • Poor long term growth as Net Sales has grown by an annual rate of -15.13% and Operating profit at -18.09%
2

Risky - Market Cap of less than 100 cr

3

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Realty

stock-summary
Market cap

USD 123 Million (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

459.80%

stock-summary
Debt Equity

-999,999.00

stock-summary
Return on Equity

-2.26%

stock-summary
Price to Book

0.42

Revenue and Profits:
Net Sales:
14 Million
(Quarterly Results - Jun 2025)
Net Profit:
2 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
0%
0%
0.0%
6 Months
-2.62%
0%
-2.62%
1 Year
-13.04%
0%
-13.04%
2 Years
-46.28%
0%
-46.28%
3 Years
-66.79%
0%
-66.79%
4 Years
-79.33%
0%
-79.33%
5 Years
-75.36%
0%
-75.36%

Great Ajax Corp. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-15.13%
EBIT Growth (5y)
-18.09%
EBIT to Interest (avg)
0.69
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
3.87%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
73.06%
ROCE (avg)
9.91%
ROE (avg)
3.35%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.41
EV to EBIT
1.35
EV to EBITDA
1.35
EV to Capital Employed
0.12
EV to Sales
0.57
PEG Ratio
NA
Dividend Yield
464.92%
ROCE (Latest)
9.13%
ROE (Latest)
-7.18%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 15 Schemes (10.76%)

Foreign Institutions

Held by 27 Foreign Institutions (2.49%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is 21.24% vs -15.04% in Mar 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is 155.88% vs -326.67% in Mar 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "13.70",
          "val2": "11.30",
          "chgp": "21.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "10.20",
          "val2": "6.00",
          "chgp": "70.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "9.50",
          "val2": "9.50",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.10",
          "val2": "-0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1.90",
          "val2": "-3.40",
          "chgp": "155.88%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "747.00%",
          "val2": "526.10%",
          "chgp": "22.09%",
          "chgp_class": "positive"
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    "btn_text": "All Annual Results",
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      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is -33.61% vs -8.49% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -100.43% vs -217.81% in Dec 2023",
        "dir": 1
      }
    ],
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      "header": [
        "Dec'24",
        "Dec'23",
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          "val2": "71.10",
          "chgp": "-33.61%",
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-39.30",
          "val2": "34.60",
          "chgp": "-213.58%",
          "chgp_class": "negative"
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          "field": "Interest",
          "val1": "46.80",
          "val2": "59.90",
          "chgp": "-21.87%",
          "chgp_class": "positive"
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        {
          "field": "Exceptional Items",
          "val1": "-0.60",
          "val2": "-1.10",
          "chgp": "45.45%",
          "chgp_class": "positive"
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          "field": "Consolidate Net Profit",
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          "chgp_class": "negative"
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          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-940.90%",
          "val2": "372.40%",
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Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQstock-summary
Jun'25
Mar'25
Change(%)
Net Sales
13.70
11.30
21.24%
Operating Profit (PBDIT) excl Other Income
10.20
6.00
70.00%
Interest
9.50
9.50
Exceptional Items
-0.10
-0.00
Consolidate Net Profit
1.90
-3.40
155.88%
Operating Profit Margin (Excl OI)
747.00%
526.10%
22.09%
USD in Million.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2025 is 21.24% vs -15.04% in Mar 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is 155.88% vs -326.67% in Mar 2025

Annual Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
47.20
71.10
-33.61%
Operating Profit (PBDIT) excl Other Income
-39.30
34.60
-213.58%
Interest
46.80
59.90
-21.87%
Exceptional Items
-0.60
-1.10
45.45%
Consolidate Net Profit
-93.00
-46.40
-100.43%
Operating Profit Margin (Excl OI)
-940.90%
372.40%
-131.33%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is -33.61% vs -8.49% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -100.43% vs -217.81% in Dec 2023

stock-summaryCompany CV
About Great Ajax Corp. stock-summary
stock-summary
Great Ajax Corp.
Realty
Great Ajax Corp. is an externally managed real estate company. The Company is focused on acquiring, investing in and managing a portfolio of re-performing and non-performing mortgage loans secured by single-family residences and single-family properties. Its segment is focused on non-performing mortgages and re-performing mortgages. It also invests in loans secured by multi-family residential and commercial mixed use retail/residential properties, as well as in the properties directly. It also holds real estate-owned properties (REO) acquired upon the foreclosure or other settlement of its owned non-performing loans, as well as through outright purchases. It is managed by Thetis Asset Management LLC, an affiliated entity. Its mortgage loans and other real estate assets are serviced by Gregory Funding LLC, an affiliated entity. The Company conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.
Company Coordinates stock-summary
Company Details
9400 SW Beaverton Hillsdale Hwy Ste 131 , BEAVERTON OR : 97005-3300
stock-summary
Tel: 1 503 2955800
stock-summary
Registrar Details