Cresud S.A.C.I.F. y A. (CRESY) vs FTAI Infrastructure Inc. (FIP)

Cresud S.A.C.I.F. y A. and FTAI Infrastructure Inc. are both Conglomerates companies. Cresud S.A.C.I.F. y A. is the larger, with a market value of $640.5M against $347.5M — 1.8× the size. FTAI Infrastructure Inc. has negative trailing earnings, so its P/E is not meaningful; Cresud S.A.C.I.F. y A. trades at 4.9×. FTAI Infrastructure Inc. grew revenue faster over the last twelve months: 72.3% against 5.62%. Cresud S.A.C.I.F. y A. has the higher net margin (12.9% vs −90.9%) and the higher return on invested capital (6.97% vs −0.66%). Both pay a dividend; Cresud S.A.C.I.F. y A. yields more (6.77% vs 4.08%). Across the 19 metrics below, Cresud S.A.C.I.F. y A. leads on 13 and FTAI Infrastructure Inc. on 6.

Valuation

Metric CRESY FIP Conglomerates median
P/E 4.88 n/m 10.31
P/S 0.62 0.53 0.61
P/B 0.27 n/m 1.14
Price to free cash flow 14.01 n/m 14.01
EV/EBITDA 3.37 13.64 10.13
EV/Sales 1.10 4.46 1.29
Earnings yield 20.51% (175.85%) 2.65%
Free cash flow yield 7.14% (89.02%) 0.00%

Profitability

Metric CRESY FIP Conglomerates median
Gross margin 39.01% 100.00% 30.27%
Operating margin 30.86% (3.34%) 3.46%
Net margin 12.85% (90.90%) 1.95%
Free cash flow margin 4.41% (46.91%) 0.00%
Return on equity 5.61% 408.90% 0.94%
Return on assets 2.44% (11.80%) 0.06%
Return on invested capital 6.97% (0.66%) 0.73%

Growth

Metric CRESY FIP Conglomerates median
Revenue growth (TTM) 5.62% 72.33% 6.98%
EPS growth (last fiscal year) 35.46% 17.82% 12.05%
Revenue growth, 5-year CAGR 13.85% 48.94% 6.85%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CRESY FIP Conglomerates median
Debt to equity 0.46 (5.33) 0.43
Current ratio 1.47 0.28 1.47
Net debt to EBITDA 1.47 19.73 1.17

Dividend

Metric CRESY FIP Conglomerates median
Dividend yield 6.77% 4.08% 2.77%
Payout ratio 0.34 — 0.35

Size

Metric CRESY FIP Conglomerates median
Market cap 640.50m 347.45m 422.37m

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