Eagle Point Credit Company (ECC) vs PCB Bancorp (PCB)

Eagle Point Credit Company and PCB Bancorp are both in the Financial sector (Closed End Fund Debt and Banks Regional). Eagle Point Credit Company and PCB Bancorp are of similar size ($390.4M and $385.7M). Eagle Point Credit Company has negative trailing earnings, so its P/E is not meaningful; PCB Bancorp trades at 9.6×. PCB Bancorp grew revenue faster over the last twelve months: 6.34% against −7.08%. PCB Bancorp has the higher net margin (19.4% vs −94.2%) and the higher return on invested capital (16.3% vs 9.41%). Both pay a dividend; Eagle Point Credit Company yields more (42.8% vs 3.07%). Across the 20 metrics below, PCB Bancorp leads on 12 and Eagle Point Credit Company on 8.

Valuation

Metric ECC PCB
P/E n/m 9.64
P/S 2.10 1.85
P/B 0.64 1.19
Price to free cash flow 1.60 9.66
EV/EBITDA — —
EV/Sales — —
Earnings yield (41.80%) 10.37%
Free cash flow yield 62.55% 10.36%

Profitability

Metric ECC PCB
Gross margin 100.00% 56.62%
Operating margin 74.11% 0.00%
Net margin (94.21%) 19.35%
Free cash flow margin 131.50% 19.21%
Return on equity (22.69%) 12.89%
Return on assets (13.00%) 1.22%
Return on invested capital 9.41% 16.25%

Growth

Metric ECC PCB
Revenue growth (TTM) (7.08%) 6.34%
EPS growth (last fiscal year) (214.14%) 48.28%
Revenue growth, 5-year CAGR 26.27% 18.00%
Net income growth, 5-year CAGR 0.00% 17.91%

Health

Metric ECC PCB
Debt to equity 0.37 0.22
Current ratio 0.54 1.07
Net debt to EBITDA 1.52 0.00

Dividend

Metric ECC PCB
Dividend yield 42.76% 3.07%
Payout ratio — 0.30

Size

Metric ECC PCB
Market cap 385.73m 390.44m

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