Clipper Realty Inc. (CLPR) vs Millrose Properties, Inc. (MRP)

Clipper Realty Inc. and Millrose Properties, Inc. are both Reit Residential companies. Millrose Properties, Inc. is the larger, with a market value of $3.4B against $51.6M — 66.5× the size. Clipper Realty Inc. has negative trailing earnings, so its P/E is not meaningful; Millrose Properties, Inc. trades at 7.8×. Millrose Properties, Inc. has the higher net margin (62.6% vs −10.0%) and the higher return on invested capital (4.35% vs 0.00%). Both pay a dividend; Millrose Properties, Inc. yields more (13.6% vs 12.1%). Across the 15 metrics below, Millrose Properties, Inc. leads on 8 and Clipper Realty Inc. on 7.

Valuation

Metric CLPR MRP Reit Residential median
P/E n/m 7.84 29.43
P/S 0.34 4.91 5.21
P/B n/m 0.64 1.83
Price to free cash flow 3.47 n/m 17.92
EV/EBITDA n/m 10.70 15.85
EV/Sales (0.08) 9.44 8.04
Earnings yield (29.52%) 12.76% 2.39%
Free cash flow yield 28.85% (33.16%) 4.10%

Profitability

Metric CLPR MRP Reit Residential median
Gross margin 54.91% 85.31% 58.73%
Operating margin 20.30% 85.11% 20.57%
Net margin (10.00%) 62.60% 20.81%
Free cash flow margin 9.70% (162.90%) 20.24%
Return on equity 18.58% 8.12% 6.86%
Return on assets (1.23%) 5.39% 3.17%
Return on invested capital 0.00% 4.35% 2.03%

Growth

Metric CLPR MRP Reit Residential median
Revenue growth (TTM) (1.72%) — 2.66%
EPS growth (last fiscal year) (237.99%) — 19.50%
Revenue growth, 5-year CAGR 4.51% — 7.53%
Net income growth, 5-year CAGR 0.00% — 3.76%

Health

Metric CLPR MRP Reit Residential median
Debt to equity 0.00 0.59 0.78
Current ratio 0.05 0.08 0.54
Net debt to EBITDA (1.50) 5.93 4.27

Dividend

Metric CLPR MRP Reit Residential median
Dividend yield 12.06% 13.64% 5.06%
Payout ratio — 1.07 1.22

Size

Metric CLPR MRP Reit Residential median
Market cap 51.55m 3.43b 3.55b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack