Claros Mortgage Trust, Inc. (CMTG) vs Sachem Capital Corp. (SACH)

Claros Mortgage Trust, Inc. and Sachem Capital Corp. are both Reit Mortgage companies. Claros Mortgage Trust, Inc. is the larger, with a market value of $166.5M against $39.9M — 4.2× the size. Sachem Capital Corp. grew revenue faster over the last twelve months: −8.38% against −30.9%. Sachem Capital Corp. has the higher net margin (−28.4% vs −354.1%) and the lower return on invested capital (−6.34% vs −0.77%). Only Sachem Capital Corp. pays a dividend (14.5%). Across the 22 metrics below, Sachem Capital Corp. leads on 19 and Claros Mortgage Trust, Inc. on 3.

Valuation

Metric CMTG SACH Reit Mortgage median
P/E n/m n/m 7.10
P/S 1.10 0.90 1.77
P/B 0.13 0.25 0.55
Price to free cash flow 2.52 1.38 5.36
EV/EBITDA 874.81 5.27 28.29
EV/Sales 15.14 (0.75) 15.90
Earnings yield (324.58%) (31.33%) 8.10%
Free cash flow yield 39.74% 72.73% 13.00%

Profitability

Metric CMTG SACH Reit Mortgage median
Gross margin 80.32% 100.00% 100.00%
Operating margin (27.39%) (20.16%) 35.40%
Net margin (354.13%) (28.44%) 11.85%
Free cash flow margin 43.62% 65.38% 26.68%
Return on equity (35.96%) (7.37%) 4.81%
Return on assets (11.15%) (2.55%) 0.62%
Return on invested capital (0.77%) (6.34%) 1.22%

Growth

Metric CMTG SACH Reit Mortgage median
Revenue growth (TTM) (30.92%) (8.38%) 4.70%
EPS growth (last fiscal year) (118.13%) 104.30% 45.25%
Revenue growth, 5-year CAGR (7.25%) 19.52% 14.60%
Net income growth, 5-year CAGR 0.00% (27.22%) 0.00%

Health

Metric CMTG SACH Reit Mortgage median
Debt to equity 1.81 0.24 3.30
Current ratio 0.00 1.40 1.00
Net debt to EBITDA 67.18 (5.55) 18.31

Dividend

Metric CMTG SACH Reit Mortgage median
Dividend yield 0.00% 14.46% 17.34%
Payout ratio — — 1.28

Size

Metric CMTG SACH Reit Mortgage median
Market cap 166.48m 39.85m 479.53m

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