Beeline Holdings, Inc. (BLNE) vs loanDepot, Inc. (LDI)

Beeline Holdings, Inc. and loanDepot, Inc. are both Mortgage Finance companies. loanDepot, Inc. is the larger, with a market value of $191.7M against $24.4M — 7.9× the size. loanDepot, Inc. 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 11.4%. loanDepot, Inc. has the higher net margin (−5.52% vs −227.8%) and the higher return on invested capital (0.72% vs −26.2%). Across the 17 metrics below, loanDepot, Inc. leads on 9 and Beeline Holdings, Inc. on 8.

Valuation

Metric BLNE LDI Mortgage Finance median
P/E 0.36 n/m 6.65
P/S 2.41 0.10 1.42
P/B 0.49 0.37 0.46
Price to free cash flow n/m n/m 6.32
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 279.33% (56.60%) 2.41%
Free cash flow yield (71.86%) (208.31%) (19.29%)

Profitability

Metric BLNE LDI Mortgage Finance median
Gross margin 100.00% 87.54% 84.40%
Operating margin (202.06%) 5.49% 12.51%
Net margin (227.79%) (5.52%) (0.83%)
Free cash flow margin (173.13%) (20.34%) (45.06%)
Return on equity (43.69%) (17.97%) (1.16%)
Return on assets (35.23%) (1.08%) 0.38%
Return on invested capital (26.21%) 0.72% 0.36%

Growth

Metric BLNE LDI Mortgage Finance median
Revenue growth (TTM) 142.33% 11.44% 11.44%
EPS growth (last fiscal year) 95.22% 43.40% 6.60%
Revenue growth, 5-year CAGR (11.12%) (22.71%) (11.16%)
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BLNE LDI Mortgage Finance median
Debt to equity 0.00 17.94 1.22
Current ratio 1.07 1.11 1.38
Net debt to EBITDA 0.22 48.55 9.85

Dividend

Metric BLNE LDI Mortgage Finance median
Dividend yield — — 8.31%
Payout ratio — — —

Size

Metric BLNE LDI Mortgage Finance median
Market cap 24.42m 191.74m 198.15m

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