Sachem Capital Corp. Common Shares (SACH) Company Bio
Sachem Capital Corporation is a REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens primarily in Connecticut.
SACH Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Sachem Capital Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Sachem Capital Corp ranked in the 61th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 110% on a DCF basis. The most interesting components of our discounted cash flow analysis for Sachem Capital Corp ended up being:
The company's balance sheet shows it gets 60% of its capital from equity, and 40% of its capital from debt. Notably, its equity weight is greater than 67.04% of US equities in the Real Estate sector yielding a positive free cash flow.
Sachem Capital Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SACH, try RVI, IRM, AAT, WSR, and ACC.
BRANFORD, Conn.--(BUSINESS WIRE)--Sachem Capital Corp. (NYSE American: SACH) announces the closing of its previously announced registered public offering of $13.0 million aggregate principal amount of 7.75% unsecured, unsubordinated notes due 2025 (“Notes”). The net proceeds of the offering to Sachem Capital Corp. are expected to be approximately $12.3 million after payment of underwriting discounts and commissions and estimated offering expenses payable by Sachem Capital Corp. Sachem Capital C
Sachem Capital ([[SACH]] +5.0%) prices registered public offering of $13M aggregate principal amount of 7.75% unsecured, unsubordinated notes due 2025.Underwriter's optional for additional $1.95M aggregate principal notes.Offering is expected to close on September 4, 2020.Net proceeds will be ~$12.3M after payment of underwriting discounts and commissions and estimated offering expenses."The valuation is...