Angel Oak Mortgage REIT Inc. (AOMR) vs Stratus Properties Inc. (STRS)

Angel Oak Mortgage REIT Inc. and Stratus Properties Inc. are both in the Real Estate sector (Reit Mortgage and Real Estate Diversified). Angel Oak Mortgage REIT Inc. and Stratus Properties Inc. are of similar size ($154.2M and $144.4M). Angel Oak Mortgage REIT Inc. has negative trailing earnings, so its P/E is not meaningful; Stratus Properties Inc. trades at 6.4×. Angel Oak Mortgage REIT Inc. grew revenue faster over the last twelve months: 19.9% against −12.4%. Stratus Properties Inc. has the higher net margin (75.0% vs −5.74%) and the higher return on invested capital (4.43% vs −0.24%). Across the 19 metrics below, Stratus Properties Inc. leads on 13 and Angel Oak Mortgage REIT Inc. on 6.

Valuation

Metric AOMR STRS
P/E n/m 6.37
P/S 0.84 4.73
P/B 0.66 0.39
Price to free cash flow n/m 1.44
EV/EBITDA n/m 5.38
EV/Sales 14.04 7.15
Earnings yield (7.07%) 15.69%
Free cash flow yield (248.56%) 69.39%

Profitability

Metric AOMR STRS
Gross margin 26.89% (32.50%)
Operating margin (5.60%) 103.93%
Net margin (5.74%) 74.96%
Free cash flow margin (209.10%) 328.08%
Return on equity (3.96%) 6.68%
Return on assets (0.34%) 4.03%
Return on invested capital (0.24%) 4.43%

Growth

Metric AOMR STRS
Revenue growth (TTM) 19.85% (12.40%)
EPS growth (last fiscal year) 53.85% 512.50%
Revenue growth, 5-year CAGR 28.61% (7.57%)
Net income growth, 5-year CAGR 127.59% 0.00%

Health

Metric AOMR STRS
Debt to equity 10.53 0.41
Current ratio 10.21 3.70
Net debt to EBITDA 39.70 3.57

Dividend

Metric AOMR STRS
Dividend yield 21.55% —
Payout ratio 1.71 —

Size

Metric AOMR STRS
Market cap 144.36m 154.23m

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