CION Investment Corporation (CION) vs Runway Growth Finance Corp. (RWAY)
- CION Investment Corporation CION 6.36 −3.64%
- Runway Growth Finance Corp. RWAY 6.73 +9.97%
CION Investment Corporation and Runway Growth Finance Corp. are both Asset Management companies. CION Investment Corporation is the larger, with a market value of $324.7M against $256.5M — 1.3× the size. CION Investment Corporation has negative trailing earnings, so its P/E is not meaningful; Runway Growth Finance Corp. trades at 41.1×. Runway Growth Finance Corp. grew revenue faster over the last twelve months: −2.83% against −17.8%. Runway Growth Finance Corp. has the higher net margin (7.62% vs −18.2%) and the higher return on invested capital (7.17% vs 5.73%). Both pay a dividend; Runway Growth Finance Corp. yields more (21.4% vs 20.6%). Across the 17 metrics below, Runway Growth Finance Corp. leads on 10 and CION Investment Corporation on 7.
Valuation
Profitability
| Metric | CION | RWAY | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 28.63% | 75.20% | 27.27% |
| Net margin | (18.23%) | 7.62% | 11.89% |
| Free cash flow margin | 152.28% | (12.79%) | 5.96% |
| Return on equity | (5.16%) | 2.12% | 4.57% |
| Return on assets | (2.14%) | 1.02% | 1.40% |
| Return on invested capital | 5.73% | 7.17% | 2.12% |
Growth
Health
Dividend
Size
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