Beeline Holdings, Inc. (BLNE) vs Greystone Housing Impact Investors LP (GHI)

Beeline Holdings, Inc. and Greystone Housing Impact Investors LP are both Mortgage Finance companies. Greystone Housing Impact Investors LP is the larger, with a market value of $135.2M against $33.5M — 4.0× the size. Greystone Housing Impact Investors LP has negative trailing earnings, so its P/E is not meaningful; Beeline Holdings, Inc. trades at 0.4×. Beeline Holdings, Inc. grew revenue faster over the last twelve months: 142.3% against −13.6%. Greystone Housing Impact Investors LP has the higher net margin (−7.74% vs −227.8%) and the higher return on invested capital (2.87% vs −26.2%). Across the 18 metrics below, Greystone Housing Impact Investors LP leads on 11 and Beeline Holdings, Inc. on 7.

Valuation

Metric BLNE GHI Mortgage Finance median
P/E 0.41 n/m 7.11
P/S 2.75 1.68 1.54
P/B 0.55 0.52 0.53
Price to free cash flow n/m 7.74 6.59
EV/EBITDA n/m 17.18 22.03
EV/Sales 3.14 13.50 5.95
Earnings yield 244.81% (4.10%) 2.09%
Free cash flow yield (62.97%) 12.92% (16.97%)

Profitability

Metric BLNE GHI Mortgage Finance median
Gross margin 100.00% 97.33% 84.40%
Operating margin (202.06%) 69.11% 12.51%
Net margin (227.79%) (7.74%) (0.83%)
Free cash flow margin (173.13%) 21.65% (45.06%)
Return on equity (43.69%) (2.32%) (1.16%)
Return on assets (35.23%) (0.44%) 0.38%
Return on invested capital (26.21%) 2.87% 0.36%

Growth

Metric BLNE GHI Mortgage Finance median
Revenue growth (TTM) 142.33% (13.63%) 11.44%
EPS growth (last fiscal year) 95.22% (168.42%) —
Revenue growth, 5-year CAGR (11.12%) 8.99% (11.16%)
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BLNE GHI Mortgage Finance median
Debt to equity 0.00 3.80 1.22
Current ratio 1.07 8.88 1.38
Net debt to EBITDA 0.22 17.88 9.85

Dividend

Metric BLNE GHI Mortgage Finance median
Dividend yield — 8.88% 5.81%
Payout ratio 0.00 0.49 0.00

Size

Metric BLNE GHI Mortgage Finance median
Market cap 33.45m 135.18m 214.95m

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