Better Home & Finance Holding Company (BETR) vs Income Opportunity Realty Investors, Inc. (IOR)

Better Home & Finance Holding Company and Income Opportunity Realty Investors, Inc. are both Mortgage Finance companies. Better Home & Finance Holding Company is the larger, with a market value of $206.1M against $74.1M — 2.8× the size. Better Home & Finance Holding Company has negative trailing earnings, so its P/E is not meaningful; Income Opportunity Realty Investors, Inc. trades at 19.8×. Income Opportunity Realty Investors, Inc. has the higher net margin (0.00% vs −75.7%) and the lower return on invested capital (−0.19% vs 0.00%). Across the 15 metrics below, Income Opportunity Realty Investors, Inc. leads on 8 and Better Home & Finance Holding Company on 7.

Valuation

Metric BETR IOR Mortgage Finance median
P/E n/m 19.82 7.11
P/S 0.82 116.00 1.54
P/B 3.37 0.58 0.53
Price to free cash flow n/m 3.52 6.59
EV/EBITDA n/m n/m 22.03
EV/Sales 0.35 115.95 5.95
Earnings yield (105.45%) 5.05% 2.09%
Free cash flow yield (85.05%) 28.43% (16.97%)

Profitability

Metric BETR IOR Mortgage Finance median
Gross margin 81.25% 0.00% 84.40%
Operating margin 0.00% 0.00% 12.51%
Net margin (75.73%) 0.00% (0.83%)
Free cash flow margin (69.77%) 0.00% (45.06%)
Return on equity (267.67%) 2.96% (1.16%)
Return on assets (12.97%) 2.96% 0.38%
Return on invested capital 0.00% (0.19%) 0.36%

Growth

Metric BETR IOR Mortgage Finance median
Revenue growth (TTM) 57.78% — 11.44%
EPS growth (last fiscal year) 20.88% (14.04%) —
Revenue growth, 5-year CAGR — — (11.16%)
Net income growth, 5-year CAGR 0.00% (1.09%) 0.00%

Health

Metric BETR IOR Mortgage Finance median
Debt to equity 0.00 0.00 1.22
Current ratio 0.91 31,909.00 1.38
Net debt to EBITDA 0.00 0.02 9.85

Dividend

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

Size

Metric BETR IOR Mortgage Finance median
Market cap 206.08m 74.05m 214.95m

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