Five Point Holdings, LLC (FPH) vs RenX Enterprises Corp. (RENX)

Five Point Holdings, LLC and RenX Enterprises Corp. are both Real Estate Development companies. Five Point Holdings, LLC is the larger, with a market value of $507.8M against $5.2M — 97.3× the size. RenX Enterprises Corp. has negative trailing earnings, so its P/E is not meaningful; Five Point Holdings, LLC trades at 6.3×. RenX Enterprises Corp. grew revenue faster over the last twelve months: 877.3% against −40.8%. Five Point Holdings, LLC has the higher net margin (45.3% vs −193.4%) and the higher return on invested capital (−0.20% vs −26.3%). Across the 17 metrics below, Five Point Holdings, LLC leads on 13 and RenX Enterprises Corp. on 4.

Valuation

Metric FPH RENX Real Estate Development median
P/E 6.33 n/m 7.17
P/S 6.02 0.38 1.63
P/B 0.30 0.81 0.70
Price to free cash flow 10.81 n/m 7.76
EV/EBITDA 122.45 n/m 11.00
EV/Sales 3.04 1.82 2.43
Earnings yield 15.79% (407.70%) 7.33%
Free cash flow yield 9.25% (310.77%) (1.59%)

Profitability

Metric FPH RENX Real Estate Development median
Gross margin 70.83% 30.17% 29.60%
Operating margin (5.34%) (80.04%) (2.67%)
Net margin 45.34% (193.37%) 3.36%
Free cash flow margin 55.72% (118.44%) (0.89%)
Return on equity 2.32% (508.49%) 0.56%
Return on assets 1.66% (74.66%) 1.11%
Return on invested capital (0.20%) (26.28%) 0.00%

Growth

Metric FPH RENX Real Estate Development median
Revenue growth (TTM) (40.80%) 877.27% 11.77%
EPS growth (last fiscal year) 0.00% 57.06% —
Revenue growth, 5-year CAGR (6.46%) — 5.69%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric FPH RENX Real Estate Development median
Debt to equity 0.00 3.37 0.37
Current ratio 0.63 0.16 0.63
Net debt to EBITDA (312.02) (1.89) 1.81

Dividend

Metric FPH RENX Real Estate Development median
Dividend yield — — —
Payout ratio 0.00 — 0.00

Size

Metric FPH RENX Real Estate Development median
Market cap 507.80m 5.22m 178.40m

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