ACRES Commercial Realty Corp. (ACR) vs Granite Point Mortgage Trust Inc. (GPMT)

ACRES Commercial Realty Corp. and Granite Point Mortgage Trust Inc. are both Reit Mortgage companies. ACRES Commercial Realty Corp. is the larger, with a market value of $147.4M against $45.4M — 3.2× the size. Granite Point Mortgage Trust Inc. grew revenue faster over the last twelve months: −2.40% against −3.37%. ACRES Commercial Realty Corp. has the higher net margin (−8.40% vs −314.1%) and the higher return on invested capital (0.29% vs −2.91%). Across the 19 metrics below, ACRES Commercial Realty Corp. leads on 13 and Granite Point Mortgage Trust Inc. on 6.

Valuation

Metric ACR GPMT Reit Mortgage median
P/E n/m n/m 7.80
P/S 0.88 1.44 1.90
P/B 0.13 0.09 0.61
Price to free cash flow 16.62 72.87 5.90
EV/EBITDA 73.64 n/m 28.40
EV/Sales 22.68 32.61 16.02
Earnings yield (10.31%) (218.48%) 7.68%
Free cash flow yield 6.02% 1.37% 11.60%

Profitability

Metric ACR GPMT Reit Mortgage median
Gross margin 92.11% 100.00% 100.00%
Operating margin 13.40% (151.32%) 35.40%
Net margin (8.40%) (314.14%) 11.85%
Free cash flow margin 4.11% 1.98% 26.68%
Return on equity (1.36%) (18.04%) 4.81%
Return on assets (0.32%) (5.68%) 0.62%
Return on invested capital 0.29% (2.91%) 1.22%

Growth

Metric ACR GPMT Reit Mortgage median
Revenue growth (TTM) (3.37%) (2.40%) 4.70%
EPS growth (last fiscal year) (97.39%) 73.58% —
Revenue growth, 5-year CAGR 9.71% (22.97%) 14.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ACR GPMT Reit Mortgage median
Debt to equity 3.24 1.29 3.30
Current ratio 108.63 0.00 1.00
Net debt to EBITDA 50.61 (94.92) 18.31

Dividend

Metric ACR GPMT Reit Mortgage median
Dividend yield — 15.38% 13.05%
Payout ratio 0.00 5.88 1.24

Size

Metric ACR GPMT Reit Mortgage median
Market cap 147.44m 45.44m 517.48m

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