Strive, Inc. (ASST) vs Trinity Capital Inc. (TRIN)

Strive, Inc. and Trinity Capital Inc. are both Asset Management companies. Strive, Inc. is the larger, with a market value of $2.6B against $1.6B — 1.6× the size. Strive, Inc. has negative trailing earnings, so its P/E is not meaningful; Trinity Capital Inc. trades at 9.2×. Strive, Inc. grew revenue faster over the last twelve months: 33.5% against 25.7%. Trinity Capital Inc. has the higher net margin (44.5% vs −11,474.6%) and the higher return on invested capital (6.81% vs −111.5%). Across the 16 metrics below, Trinity Capital Inc. leads on 10 and Strive, Inc. on 6.

Valuation

Metric ASST TRIN Asset Management median
P/E n/m 9.19 13.99
P/S 213.32 4.33 2.76
P/B 2.81 1.15 0.85
Price to free cash flow n/m n/m 8.32
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (51.29%) 10.88% 4.72%
Free cash flow yield (80.97%) (40.83%) 4.44%

Profitability

Metric ASST TRIN Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin (9,606.28%) 77.39% 33.42%
Net margin (11,474.60%) 44.50% 13.37%
Free cash flow margin (17,270.45%) (176.44%) 12.36%
Return on equity (300.68%) 13.66% 4.79%
Return on assets (141.33%) 6.17% 1.55%
Return on invested capital (111.48%) 6.81% 2.97%

Growth

Metric ASST TRIN Asset Management median
Revenue growth (TTM) 33.53% 25.65% 7.42%
EPS growth (last fiscal year) 1.95% (6.67%) (6.67%)
Revenue growth, 5-year CAGR 131.15% 39.81% 12.51%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ASST TRIN Asset Management median
Debt to equity 0.00 0.22 0.44
Current ratio 7.62 0.05 1.30
Net debt to EBITDA (0.82) 1.55 1.02

Dividend

Metric ASST TRIN Asset Management median
Dividend yield — 15.85% 6.60%
Payout ratio — 1.46 0.94

Size

Metric ASST TRIN Asset Management median
Market cap 2.60b 1.58b 694.86m

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