DeFi Development Corp. (DFDV) vs Neostellar Capital Corp. (NSLR)

DeFi Development Corp. and Neostellar Capital Corp. are both Asset Management companies. Neostellar Capital Corp. is the larger, with a market value of $212.6M against $189.5M — 1.1× the size. DeFi Development Corp. has negative trailing earnings, so its P/E is not meaningful; Neostellar Capital Corp. trades at 1.6×. DeFi Development Corp. grew revenue faster over the last twelve months: 328.6% against −26.3%. Neostellar Capital Corp. has the higher net margin (6,054.8% vs −1,319.5%) and the higher return on invested capital (−5.63% vs −79.9%). Across the 18 metrics below, DeFi Development Corp. leads on 9 and Neostellar Capital Corp. on 9.

Valuation

Metric DFDV NSLR Asset Management median
P/E n/m 1.65 14.62
P/S 10.95 100.81 2.97
P/B n/m 0.58 0.94
Price to free cash flow n/m n/m 8.93
EV/EBITDA n/m n/m 10.32
EV/Sales 18.53 124.80 5.72
Earnings yield (169.54%) 60.68% 4.53%
Free cash flow yield (87.23%) (12.35%) 4.65%

Profitability

Metric DFDV NSLR Asset Management median
Gross margin 97.76% 100.00% 100.00%
Operating margin (866.51%) (1,537.90%) 33.03%
Net margin (1,319.46%) 6,054.76% 13.53%
Free cash flow margin (954.86%) (1,245.16%) 12.44%
Return on equity (589.29%) 43.19% 4.83%
Return on assets (128.23%) 34.74% 1.57%
Return on invested capital (79.93%) (5.63%) 3.04%

Growth

Metric DFDV NSLR Asset Management median
Revenue growth (TTM) 328.61% (26.32%) 6.97%
EPS growth (last fiscal year) (1,335.75%) 211.25% —
Revenue growth, 5-year CAGR 48.79% (1.56%) 12.13%
Net income growth, 5-year CAGR 0.00% (8.32%) 0.00%

Health

Metric DFDV NSLR Asset Management median
Debt to equity (10.02) 0.17 0.42
Current ratio 1.27 6.76 1.28
Net debt to EBITDA (3.50) (0.48) 1.06

Dividend

Metric DFDV NSLR Asset Management median
Dividend yield — 134.47% 6.92%
Payout ratio — 0.00 0.77

Size

Metric DFDV NSLR Asset Management median
Market cap 189.52m 212.58m 721.34m

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