Better Home & Finance Holding Company (BETR) vs CNFinance Holdings Limited Sponsored ADR (CNF)

Better Home & Finance Holding Company and CNFinance Holdings Limited Sponsored ADR are both Mortgage Finance companies. Better Home & Finance Holding Company is the larger, with a market value of $206.1M against $12.8M — 16.1× the size. Better Home & Finance Holding Company has negative trailing earnings, so its P/E is not meaningful; CNFinance Holdings Limited Sponsored ADR trades at 0.6×. Better Home & Finance Holding Company grew revenue faster over the last twelve months: 57.8% against −7.19%. CNFinance Holdings Limited Sponsored ADR has the higher net margin (8.88% vs −75.7%) and the higher return on invested capital (0.00% vs 0.00%). Across the 14 metrics below, CNFinance Holdings Limited Sponsored ADR leads on 9 and Better Home & Finance Holding Company on 5.

Valuation

Metric BETR CNF Mortgage Finance median
P/E n/m 0.58 7.11
P/S 0.82 0.05 1.54
P/B 3.37 0.03 0.53
Price to free cash flow n/m 0.04 6.59
EV/EBITDA n/m n/m 22.03
EV/Sales 0.35 1.56 5.95
Earnings yield (105.45%) 172.59% 2.09%
Free cash flow yield (85.05%) 2,281.46% (16.97%)

Profitability

Metric BETR CNF Mortgage Finance median
Gross margin 81.25% 61.00% 84.40%
Operating margin 0.00% 0.00% 12.51%
Net margin (75.73%) 8.88% (0.83%)
Free cash flow margin (69.77%) 0.00% (45.06%)
Return on equity (267.67%) 0.00% (1.16%)
Return on assets (12.97%) 0.00% 0.38%
Return on invested capital 0.00% 0.00% 0.36%

Growth

Metric BETR CNF Mortgage Finance median
Revenue growth (TTM) 57.78% (7.19%) 11.44%
EPS growth (last fiscal year) 20.88% (1,282.50%) —
Revenue growth, 5-year CAGR — (19.48%) (11.16%)
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BETR CNF Mortgage Finance median
Debt to equity 0.00 0.95 1.22
Current ratio 0.91 1,057.43 1.38
Net debt to EBITDA 0.00 0.00 9.85

Dividend

Metric BETR CNF Mortgage Finance median
Dividend yield — — 5.81%
Payout ratio 0.00 0.00 0.00

Size

Metric BETR CNF Mortgage Finance median
Market cap 206.08m 12.83m 214.95m

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