Alset Inc. (AEI) vs Trinity Place Holdings Inc. (TPHS)

Alset Inc. and Trinity Place Holdings Inc. are both Real Estate Development companies. Alset Inc. is the larger, with a market value of $31.9M against $4.0M — 8.0× the size. Alset Inc. has negative trailing earnings, so its P/E is not meaningful; Trinity Place Holdings Inc. trades at 0.3×. Alset Inc. grew revenue faster over the last twelve months: −73.4% against −89.5%. Trinity Place Holdings Inc. has the higher net margin (158.2% vs −951.5%) and the lower return on invested capital (−173.0% vs −7.35%). Across the 17 metrics below, Trinity Place Holdings Inc. leads on 9 and Alset Inc. on 8.

Valuation

Metric AEI TPHS Real Estate Development median
P/E n/m 0.33 7.17
P/S 7.10 0.53 1.63
P/B 0.25 0.85 0.70
Price to free cash flow n/m n/m 7.76
EV/EBITDA n/m n/m 11.00
EV/Sales 4.29 58.68 2.43
Earnings yield (207.69%) 300.00% 7.33%
Free cash flow yield (29.15%) (431.75%) (1.59%)

Profitability

Metric AEI TPHS Real Estate Development median
Gross margin 29.02% 35.63% 29.60%
Operating margin (302.11%) (140.49%) (2.67%)
Net margin (951.45%) 158.19% 3.36%
Free cash flow margin (206.95%) (224.22%) (0.89%)
Return on equity (39.97%) (142.81%) 0.56%
Return on assets (38.54%) 4.13% 1.11%
Return on invested capital (7.35%) (172.97%) 0.00%

Growth

Metric AEI TPHS Real Estate Development median
Revenue growth (TTM) (73.41%) (89.46%) 11.77%
EPS growth (last fiscal year) (416.28%) 108.82% —
Revenue growth, 5-year CAGR (25.74%) (5.22%) 5.69%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AEI TPHS Real Estate Development median
Debt to equity 0.00 0.00 0.37
Current ratio 10.72 0.39 0.63
Net debt to EBITDA 1.81 0.10 1.81

Dividend

Metric AEI TPHS Real Estate Development median
Dividend yield — — —
Payout ratio 0.00 0.00 0.00

Size

Metric AEI TPHS Real Estate Development median
Market cap 31.90m 3.97m 178.40m

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