Cypherpunk Technologies Inc. (CYPH) vs Stellus Capital Investment Corporation (SCM)

Cypherpunk Technologies Inc. and Stellus Capital Investment Corporation are both Asset Management companies. Cypherpunk Technologies Inc. is the larger, with a market value of $229.5M against $195.9M — 1.2× the size. Cypherpunk Technologies Inc. has negative trailing earnings, so its P/E is not meaningful; Stellus Capital Investment Corporation trades at 12.2×. Cypherpunk Technologies Inc. grew revenue faster over the last twelve months: 0.00% against −9.10%. Stellus Capital Investment Corporation has the higher net margin (17.9% vs 0.00%) and the higher return on invested capital (3.33% vs −8.44%). Across the 17 metrics below, Stellus Capital Investment Corporation leads on 12 and Cypherpunk Technologies Inc. on 5.

Valuation

Metric CYPH SCM Asset Management median
P/E n/m 12.16 13.79
P/S 261.75 2.12 3.05
P/B 2.82 0.56 0.90
Price to free cash flow n/m 2.98 8.01
EV/EBITDA n/m — —
EV/Sales 364.80 — —
Earnings yield (1.88%) 8.23% 4.59%
Free cash flow yield (5.35%) 33.54% 4.68%

Profitability

Metric CYPH SCM Asset Management median
Gross margin 0.00% 100.00% 100.00%
Operating margin 0.00% 70.19% 32.18%
Net margin 0.00% 17.92% 13.21%
Free cash flow margin 0.00% 70.99% 11.44%
Return on equity (1.21%) 4.59% 4.66%
Return on assets (1.08%) 1.67% 1.45%
Return on invested capital (8.44%) 3.33% 2.90%

Growth

Metric CYPH SCM Asset Management median
Revenue growth (TTM) 0.00% (9.10%) 7.13%
EPS growth (last fiscal year) 103.87% (46.93%) (5.64%)
Revenue growth, 5-year CAGR — 12.51% 11.84%
Net income growth, 5-year CAGR 0.00% 6.02% 0.00%

Health

Metric CYPH SCM Asset Management median
Debt to equity 0.00 0.65 0.37
Current ratio 79.19 0.06 1.27
Net debt to EBITDA 0.34 8.41 1.06

Dividend

Metric CYPH SCM Asset Management median
Dividend yield — 18.46% 6.56%
Payout ratio — 2.24 0.90

Size

Metric CYPH SCM Asset Management median
Market cap 229.53m 195.94m 680.64m

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