Advanced Flower Capital Inc. (AFCG) vs Great Elm Capital Group, Inc. (GECC)

Advanced Flower Capital Inc. and Great Elm Capital Group, Inc. are both Asset Management companies. Advanced Flower Capital Inc. and Great Elm Capital Group, Inc. are of similar size ($78.2M and $73.2M). Advanced Flower Capital Inc. grew revenue faster over the last twelve months: 2.92% against −8.36%. Advanced Flower Capital Inc. has the higher net margin (16.0% vs −87.7%) and the higher return on invested capital (3.97% vs 3.06%). Both pay a dividend; Advanced Flower Capital Inc. yields more (17.7% vs 13.5%). Across the 19 metrics below, Advanced Flower Capital Inc. leads on 14 and Great Elm Capital Group, Inc. on 5.

Valuation

Metric AFCG GECC Asset Management median
P/E n/m n/m 14.62
P/S 2.73 1.68 2.97
P/B 0.44 0.66 0.94
Price to free cash flow n/m 2.44 8.93
EV/EBITDA 7.49 2.74 10.32
EV/Sales 3.51 5.35 5.72
Earnings yield (4.91%) (55.87%) 4.53%
Free cash flow yield (35.33%) 40.91% 4.65%

Profitability

Metric AFCG GECC Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin 44.28% 71.45% 33.03%
Net margin 16.02% (87.74%) 13.53%
Free cash flow margin (104.20%) 68.73% 12.44%
Return on equity 2.60% (30.59%) 4.83%
Return on assets 1.40% (11.11%) 1.57%
Return on invested capital 3.97% 3.06% 3.04%

Growth

Metric AFCG GECC Asset Management median
Revenue growth (TTM) 2.92% (8.36%) 6.97%
EPS growth (last fiscal year) (221.79%) (813.89%) —
Revenue growth, 5-year CAGR 36.15% 16.90% 12.13%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AFCG GECC Asset Management median
Debt to equity 0.69 1.47 0.42
Current ratio 1.34 0.93 1.28
Net debt to EBITDA (1.80) 2.35 1.06

Dividend

Metric AFCG GECC Asset Management median
Dividend yield 17.69% 13.52% 6.92%
Payout ratio 1.21 1.29 0.77

Size

Metric AFCG GECC Asset Management median
Market cap 78.19m 73.20m 721.34m

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