Falcon's Beyond Global, Inc. (FBYD) vs Tejon Ranch Co (TRC)

Falcon's Beyond Global, Inc. and Tejon Ranch Co are both Conglomerates companies. Falcon's Beyond Global, Inc. is the larger, with a market value of $818.5M against $439.4M — 1.9× the size. Falcon's Beyond Global, Inc. has negative trailing earnings, so its P/E is not meaningful; Tejon Ranch Co trades at 72.9×. Falcon's Beyond Global, Inc. grew revenue faster over the last twelve months: 181.4% against 25.5%. Tejon Ranch Co has the higher net margin (10.6% vs −8.60%) and the lower return on invested capital (−0.06% vs 0.73%). Across the 18 metrics below, Tejon Ranch Co leads on 14 and Falcon's Beyond Global, Inc. on 4.

Valuation

Metric FBYD TRC Conglomerates median
P/E n/m 72.92 17.47
P/S 16.94 7.82 0.88
P/B 12.26 0.90 1.40
Price to free cash flow n/m n/m 12.58
EV/EBITDA 352.72 84.99 11.36
EV/Sales 17.56 9.27 1.37
Earnings yield (1.35%) 1.37% 0.65%
Free cash flow yield (4.93%) (4.15%) 0.00%

Profitability

Metric FBYD TRC Conglomerates median
Gross margin 64.93% 16.08% 33.55%
Operating margin 2.35% (0.91%) 3.36%
Net margin (8.60%) 10.62% 0.97%
Free cash flow margin (83.51%) (42.78%) (0.94%)
Return on equity (12.07%) 1.23% 0.75%
Return on assets (2.43%) 0.96% 0.10%
Return on invested capital 0.73% (0.06%) 0.73%

Growth

Metric FBYD TRC Conglomerates median
Revenue growth (TTM) 181.39% 25.45% 8.17%
EPS growth (last fiscal year) (97.87%) (97.40%) —
Revenue growth, 5-year CAGR — 5.56% 6.01%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric FBYD TRC Conglomerates median
Debt to equity 0.55 0.19 0.48
Current ratio 0.66 2.92 1.79
Net debt to EBITDA (1.05) (32.76) 1.36

Dividend

Metric FBYD TRC Conglomerates median
Dividend yield — — 2.53%
Payout ratio — 0.00 0.00

Size

Metric FBYD TRC Conglomerates median
Market cap 818.50m 439.37m 519.65m

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