ADAM
Adamas Trust, Inc.
There isn't enough reported data to score ADAM yet.
ADAM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| N/A | |
| N/A |
ADAM's revenue is currently healthy, but its profitability is under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like ADAM.
ADAM PE Valuation
ADAM has no meaningful PE right now: it lost money over the past year.
ADAM Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for ADAM, with profitability improving.
ADAM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.02 | — |
| Q3 2026 | -$0.57 | -400% |
| Q2 2026 | $1.68 | +784% |
| Q1 2026 | $1.17 | +$1.23 |
| Q4 2025 | $1.10 | +$2.24 |
| Q3 2025 | $0.19 | +$0.52 |
| Q2 2025 | $0.19 | +$1.92 |
| Q1 2025 | -$0.06 | +$1.79 |
| Q4 2024 | -$1.14 | -$0.15 |
ADAM has swung to a loss: it lost $0.57 per share over the past year, after a profit the year before.
ADAM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $48.8M | +33% |
| Q2 2026 | $50.2M | +38% |
| Q1 2026 | $48.4M | +46% |
| Q4 2025 | $43.2M | +62% |
| Q3 2025 | $36.6M | +81% |
| Q2 2025 | $36.4M | +91% |
| Q1 2025 | $33.1M | +85% |
| Q4 2024 | $26.7M | +59% |
ADAM's revenue has grown year over year for 11 quarters in a row: $49M last quarter, up 33% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -332% | -440 points |
| Q2 2026 | 106% | +94 points |
| Q1 2026 | 179% | +65 points |
| Q4 2025 | 130% | +250 points |
| Q3 2025 | 108% | -104 points |
| Q2 2025 | 12% | +136 points |
| Q1 2025 | 114% | +563 points |
| Q4 2024 | -119% | -315 points |
ADAM's operating margin was −332% last quarter, down 440 points from the same quarter a year ago.
ADAM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$37.1M | -635% |
| Q2 2026 | $105.9M | +170% |
| Q1 2026 | -$16.7M | -165% |
| Q3 2025 | $6.9M | +$15.5M |
| Q2 2025 | $39.2M | +$47.8M |
| Q1 2025 | $25.8M | +$44.9M |
| Q4 2024 | $25.7M | +244% |
| Q3 2024 | -$8.6M | -152% |
ADAM's free cash flow was $59M over the past year, down 28% from the year before. Free cash flow isn't a meaningful measure for real estate companies like ADAM.
ADAM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.2% | -2.1M shares |
| 1 year | -1.5% | -1.3M shares |
| 3 years | -0.8% | -709K shares |
| 5 years | -5.2% | -5M shares |
| Available history | +22% | +16.2M shares |
ADAM has 90M diluted shares, down 1.5% from a year ago, with $5M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $5M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | $3.5M |
ADAM spent $5M buying back its own shares over the past year.
ADAM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 9.4x | High |
| Q2 2026 | 1.8x | Healthy |
| Q1 2026 | 2.2x | Moderate |
| Q4 2025 | 3.3x | Elevated |
| Q3 2025 | 7.8x | High |
| Q2 2025 | 6.2x | High |
| Q1 2025 | 8.2x | High |
| Q3 2024 | 46.1x | High |
ADAM's net debt is about 9.4 years of its operating earnings (EBITDA), up from 7.8 years a year ago. Net leverage isn't a meaningful measure for real estate companies like ADAM.
ADAM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 22.2 | Oversold |
| Stochastic | 0.6 | Oversold |
ADAM's weekly RSI is 22 (oversold) and its Stochastic is 1 (oversold).
ADAM PE vs Real Estate Sector
| Metric | ADAM | Sector median | Relative |
|---|---|---|---|
| PE | 4.7x | 24x | 81% below |
| PE % | 7 | 23 | 16 pts below |
ADAM has no meaningful PE right now: it lost money over the past year.
ADAM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.06 | 26% below |
| 20 week MA | $8.45 | 38% below |
| 50 week MA | $8.28 | 37% below |
| 100 week MA | $7.45 | 30% below |
| 200 week MA | $7.77 | 33% below |
ADAM is in a downtrend: it's below all five of its weekly moving averages, and 33% below its 200-week average.
ADAM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.0 | $14.6 | -42% |
| 2021 | $14.6 | $15.2 | +4.4% |
| 2022 | $15.2 | $10.9 | -29% |
| 2023 | $10.9 | $8.53 | -22% |
| 2024 | $8.53 | $5.79 | -32% |
| 2025 | $5.79 | $7.29 | +26% |
| 2026 YTD | $7.29 | $5.20 | -29% |
ADAM has finished lower in four of the last six years. It's down 29% so far in 2026.