DeFi Development Corp. (DFDV) vs Sound Point Meridian Capital, Inc. (SPMC)

DeFi Development Corp. and Sound Point Meridian Capital, Inc. are both Asset Management companies. DeFi Development Corp. and Sound Point Meridian Capital, Inc. are of similar size ($189.5M and $179.0M). Across the 2 metrics below, Sound Point Meridian Capital, Inc. leads on 2 and DeFi Development Corp. on 0.

Valuation

Metric DFDV SPMC Asset Management median
P/E n/m n/m 14.62
P/S 10.95 — 2.97
P/B n/m — 0.94
Price to free cash flow n/m — 8.93
EV/EBITDA n/m — 10.32
EV/Sales 18.53 — 5.72
Earnings yield (169.54%) (68.08%) 4.53%
Free cash flow yield (87.23%) — 4.65%

Profitability

Metric DFDV SPMC Asset Management median
Gross margin 97.76% — 100.00%
Operating margin (866.51%) — 33.03%
Net margin (1,319.46%) — 13.53%
Free cash flow margin (954.86%) — 12.44%
Return on equity (589.29%) — 4.83%
Return on assets (128.23%) 0.00% 1.57%
Return on invested capital (79.93%) — 3.04%

Growth

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

Health

Metric DFDV SPMC Asset Management median
Debt to equity (10.02) — 0.42
Current ratio 1.27 — 1.28
Net debt to EBITDA (3.50) — 1.06

Dividend

Metric DFDV SPMC Asset Management median
Dividend yield — — 6.92%
Payout ratio — — 0.77

Size

Metric DFDV SPMC Asset Management median
Market cap 189.52m 179.01m 721.34m

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