CTO Realty Growth, Inc. (CTO) vs W.P. Carey Inc. (WPC)

CTO Realty Growth, Inc. and W.P. Carey Inc. are both Reit Diversified companies. W.P. Carey Inc. is the larger, with a market value of $15.2B against $758.0M — 20.0× the size. CTO Realty Growth, Inc. trades at the lower P/E: 15.2× against 22.6×. CTO Realty Growth, Inc. grew revenue faster over the last twelve months: 14.3% against 8.96%. W.P. Carey Inc. has the higher net margin (36.3% vs 28.0%) and the lower return on invested capital (2.69% vs 3.05%). Both pay a dividend; CTO Realty Growth, Inc. yields more (9.30% vs 7.34%). Across the 22 metrics below, CTO Realty Growth, Inc. leads on 16 and W.P. Carey Inc. on 6.

Valuation

Metric CTO WPC Reit Diversified median
P/E 15.24 22.56 23.72
P/S 4.50 8.34 3.28
P/B 1.09 1.72 0.87
Price to free cash flow 97.77 n/m 9.21
EV/EBITDA 10.81 18.22 11.57
EV/Sales 8.32 13.19 6.64
Earnings yield 6.56% 4.43% 1.04%
Free cash flow yield 1.02% (0.70%) 0.16%

Profitability

Metric CTO WPC Reit Diversified median
Gross margin 75.08% 90.20% 77.09%
Operating margin 38.71% 41.78% 33.33%
Net margin 27.97% 36.34% 2.62%
Free cash flow margin 9.87% (5.80%) 3.11%
Return on equity 7.28% 7.70% 3.13%
Return on assets 3.41% 3.55% 0.35%
Return on invested capital 3.05% 2.69% 2.80%

Growth

Metric CTO WPC Reit Diversified median
Revenue growth (TTM) 14.26% 8.96% 5.49%
EPS growth (last fiscal year) 122.86% 0.96% —
Revenue growth, 5-year CAGR 21.54% 7.26% 4.83%
Net income growth, 5-year CAGR (49.49%) 0.48% 0.00%

Health

Metric CTO WPC Reit Diversified median
Debt to equity 0.99 1.02 1.13
Current ratio 8.69 0.22 1.47
Net debt to EBITDA 6.10 6.38 5.88

Dividend

Metric CTO WPC Reit Diversified median
Dividend yield 9.30% 7.34% 7.13%
Payout ratio 7.48 1.19 1.37

Size

Metric CTO WPC Reit Diversified median
Market cap 757.96m 15.16b 729.58m

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