Binah Capital Group, Inc. (BCG) vs CaliberCos Inc. (CWD)

Binah Capital Group, Inc. and CaliberCos Inc. are both Asset Management companies. Binah Capital Group, Inc. is the larger, with a market value of $19.9M against $7.2M — 2.8× the size. CaliberCos Inc. has negative trailing earnings, so its P/E is not meaningful; Binah Capital Group, Inc. trades at 5.8×. Binah Capital Group, Inc. grew revenue faster over the last twelve months: 8.29% against −49.7%. Binah Capital Group, Inc. has the higher net margin (2.17% vs −117.3%) and the higher return on invested capital (30.4% vs 0.00%). Across the 16 metrics below, Binah Capital Group, Inc. leads on 13 and CaliberCos Inc. on 3.

Valuation

Metric BCG CWD Asset Management median
P/E 5.75 n/m 14.62
P/S 0.10 0.34 2.97
P/B 5.96 0.16 0.94
Price to free cash flow 3.45 n/m 8.93
EV/EBITDA 1.76 9.25 10.32
EV/Sales 0.05 (4.42) 5.72
Earnings yield 17.39% (611.29%) 4.53%
Free cash flow yield 29.03% (264.31%) 4.65%

Profitability

Metric BCG CWD Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin 2.50% (61.74%) 33.03%
Net margin 2.17% (117.34%) 13.53%
Free cash flow margin 2.92% (88.90%) 12.44%
Return on equity 294.38% (222.83%) 4.83%
Return on assets 6.00% (16.10%) 1.57%
Return on invested capital 30.35% 0.00% 3.04%

Growth

Metric BCG CWD Asset Management median
Revenue growth (TTM) 8.29% (49.72%) 6.97%
EPS growth (last fiscal year) 142.50% 57.22% —
Revenue growth, 5-year CAGR — (11.91%) 12.13%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BCG CWD Asset Management median
Debt to equity 0.00 0.00 0.42
Current ratio 0.47 0.77 1.28
Net debt to EBITDA (3.10) 8.04 1.06

Dividend

Metric BCG CWD Asset Management median
Dividend yield — — 6.92%
Payout ratio — — 0.77

Size

Metric BCG CWD Asset Management median
Market cap 19.88m 7.18m 721.34m

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