Arbor Realty Trust (ABR) vs Apollo Commercial Real Estate Finance (ARI)

Arbor Realty Trust and Apollo Commercial Real Estate Finance are both Reit Mortgage companies. Arbor Realty Trust and Apollo Commercial Real Estate Finance are of similar size ($804.7M and $766.6M). Apollo Commercial Real Estate Finance trades at the lower P/E: 7.8× against 57.6×. Arbor Realty Trust grew revenue faster over the last twelve months: −7.02% against −14.7%. Apollo Commercial Real Estate Finance has the higher net margin (50.3% vs 1.36%) and the higher return on invested capital (339.7% vs 1.08%). Both pay a dividend; Arbor Realty Trust yields more (14.0% vs 12.7%). Across the 23 metrics below, Apollo Commercial Real Estate Finance leads on 14 and Arbor Realty Trust on 9.

Valuation

Metric ABR ARI Reit Mortgage median
P/E 57.57 7.80 7.80
P/S 0.64 3.44 1.90
P/B 0.34 0.65 0.61
Price to free cash flow 2.99 38.20 5.90
EV/EBITDA 25.86 10.08 28.40
EV/Sales 5.26 3.37 16.02
Earnings yield 1.74% 12.82% 7.68%
Free cash flow yield 33.44% 2.62% 11.60%

Profitability

Metric ABR ARI Reit Mortgage median
Gross margin 21.47% 87.84% 100.00%
Operating margin 10.88% 35.13% 35.40%
Net margin 1.36% 50.33% 11.85%
Free cash flow margin 21.48% 9.00% 26.68%
Return on equity 0.69% 7.72% 4.81%
Return on assets 0.12% 2.00% 0.62%
Return on invested capital 1.08% 339.65% 1.22%

Growth

Metric ABR ARI Reit Mortgage median
Revenue growth (TTM) (7.02%) (14.66%) 4.70%
EPS growth (last fiscal year) (52.54%) 183.51% —
Revenue growth, 5-year CAGR 14.96% (0.51%) 14.60%
Net income growth, 5-year CAGR (8.05%) 88.28% 0.00%

Health

Metric ABR ARI Reit Mortgage median
Debt to equity 1.82 0.00 3.30
Current ratio 478.85 2.45 1.00
Net debt to EBITDA 16.23 9.96 18.31

Dividend

Metric ABR ARI Reit Mortgage median
Dividend yield 13.99% 12.68% 13.05%
Payout ratio 0.94 1.69 1.24

Size

Metric ABR ARI Reit Mortgage median
Market cap 766.57m 804.69m 517.48m

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