Eagle Point Credit Company (ECC) vs Greenlight Capital Re, Ltd. (GLRE)

Eagle Point Credit Company and Greenlight Capital Re, Ltd. are both in the Financial sector (Closed End Fund Debt and Insurance Reinsurance). Eagle Point Credit Company and Greenlight Capital Re, Ltd. are of similar size ($487.3M and $468.2M). Eagle Point Credit Company has negative trailing earnings, so its P/E is not meaningful; Greenlight Capital Re, Ltd. trades at 9.9×. Greenlight Capital Re, Ltd. grew revenue faster over the last twelve months: −2.81% against −7.08%. Greenlight Capital Re, Ltd. has the higher net margin (7.47% vs −94.2%) and the higher return on invested capital (63.7% vs 9.41%). Across the 20 metrics below, Greenlight Capital Re, Ltd. leads on 14 and Eagle Point Credit Company on 6.

Valuation

Metric ECC GLRE
P/E n/m 9.86
P/S 2.55 0.72
P/B 0.78 0.71
Price to free cash flow 1.94 2.47
EV/EBITDA 4.48 n/m
EV/Sales 3.32 (0.15)
Earnings yield (34.44%) 10.14%
Free cash flow yield 51.53% 40.47%

Profitability

Metric ECC GLRE
Gross margin 100.00% 15.73%
Operating margin 74.11% 15.73%
Net margin (94.21%) 7.47%
Free cash flow margin 131.50% 29.19%
Return on equity (22.69%) 7.50%
Return on assets (13.00%) 2.31%
Return on invested capital 9.41% 63.68%

Growth

Metric ECC GLRE
Revenue growth (TTM) (7.08%) (2.81%)
EPS growth (last fiscal year) (214.14%) 75.00%
Revenue growth, 5-year CAGR 26.27% 8.56%
Net income growth, 5-year CAGR 0.00% 80.87%

Health

Metric ECC GLRE
Debt to equity 0.37 0.01
Current ratio 0.54 2.43
Net debt to EBITDA 1.52 (4.82)

Dividend

Metric ECC GLRE
Dividend yield 15.26% —
Payout ratio 1.54 0.00

Size

Metric ECC GLRE
Market cap 468.20m 487.34m

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