CTO Realty Growth, Inc. (CTO) vs Mackenzie Realty Capital, Inc. (MKZR)

CTO Realty Growth, Inc. and Mackenzie Realty Capital, Inc. are both Reit Diversified companies. CTO Realty Growth, Inc. is the larger, with a market value of $758.0M against $3.1M — 243.7× the size. Mackenzie Realty Capital, Inc. has negative trailing earnings, so its P/E is not meaningful; CTO Realty Growth, Inc. trades at 15.2×. CTO Realty Growth, Inc. grew revenue faster over the last twelve months: 14.3% against −11.0%. CTO Realty Growth, Inc. has the higher net margin (28.0% vs −96.2%) and the higher return on invested capital (3.05% vs −13.6%). Across the 20 metrics below, CTO Realty Growth, Inc. leads on 13 and Mackenzie Realty Capital, Inc. on 7.

Valuation

Metric CTO MKZR Reit Diversified median
P/E 15.24 n/m 23.72
P/S 4.50 0.14 3.28
P/B 1.09 0.03 0.87
Price to free cash flow 97.77 n/m 9.21
EV/EBITDA 10.81 1.94 11.57
EV/Sales 8.32 (0.39) 6.64
Earnings yield 6.56% (726.56%) 1.04%
Free cash flow yield 1.02% (611.09%) 0.16%

Profitability

Metric CTO MKZR Reit Diversified median
Gross margin 75.08% 58.84% 77.09%
Operating margin 38.71% (84.30%) 33.33%
Net margin 27.97% (96.19%) 2.62%
Free cash flow margin 9.87% (85.85%) 3.11%
Return on equity 7.28% (20.35%) 3.13%
Return on assets 3.41% (7.82%) 0.35%
Return on invested capital 3.05% (13.61%) 2.80%

Growth

Metric CTO MKZR Reit Diversified median
Revenue growth (TTM) 14.26% (11.01%) 5.49%
EPS growth (last fiscal year) 122.86% (86.60%) —
Revenue growth, 5-year CAGR 21.54% 16.30% 4.83%
Net income growth, 5-year CAGR (49.49%) 0.00% 0.00%

Health

Metric CTO MKZR Reit Diversified median
Debt to equity 0.99 0.00 1.13
Current ratio 8.69 0.09 1.47
Net debt to EBITDA 6.10 0.75 5.88

Dividend

Metric CTO MKZR Reit Diversified median
Dividend yield 9.30% — 7.13%
Payout ratio 7.48 — 1.37

Size

Metric CTO MKZR Reit Diversified median
Market cap 757.96m 3.11m 729.58m

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