Ellington Credit Company (EARN) vs Solana Company (HSDT)

Ellington Credit Company and Solana Company are both Asset Management companies. Solana Company is the larger, with a market value of $175.6M against $159.2M — 1.1× the size. Solana Company has negative trailing earnings, so its P/E is not meaningful; Ellington Credit Company trades at 14.2×. Solana Company grew revenue faster over the last twelve months: 3,992.2% against 17.2%. Ellington Credit Company has the higher net margin (13.2% vs −1,302.8%) and the higher return on invested capital (1.60% vs −142.3%). Across the 19 metrics below, Ellington Credit Company leads on 11 and Solana Company on 8.

Valuation

Metric EARN HSDT Asset Management median
P/E 14.20 n/m 14.62
P/S 2.01 19.36 2.97
P/B 0.52 1.41 0.94
Price to free cash flow 12.70 n/m 8.93
EV/EBITDA 27.81 n/m 10.32
EV/Sales 12.20 19.09 5.72
Earnings yield 7.04% (1,034.81%) 4.53%
Free cash flow yield 7.87% (11.53%) 4.65%

Profitability

Metric EARN HSDT Asset Management median
Gross margin 94.17% 95.53% 100.00%
Operating margin 12.60% (3,054.99%) 33.03%
Net margin 13.21% (1,302.80%) 13.53%
Free cash flow margin 15.86% (223.19%) 12.44%
Return on equity 3.99% (183.23%) 4.83%
Return on assets 0.00% (171.00%) 1.57%
Return on invested capital 1.60% (142.28%) 3.04%

Growth

Metric EARN HSDT Asset Management median
Revenue growth (TTM) 17.19% 3,992.20% 6.97%
EPS growth (last fiscal year) (8.87%) 99.94% —
Revenue growth, 5-year CAGR 2.61% 55.54% 12.13%
Net income growth, 5-year CAGR (21.61%) 0.00% 0.00%

Health

Metric EARN HSDT Asset Management median
Debt to equity 2.91 0.00 0.42
Current ratio 0.14 13.31 1.28
Net debt to EBITDA 50.05 0.03 1.06

Dividend

Metric EARN HSDT Asset Management median
Dividend yield 16.81% — 6.92%
Payout ratio 8.00 0.00 0.77

Size

Metric EARN HSDT Asset Management median
Market cap 159.17m 175.56m 721.34m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack