FrontView REIT, Inc. (FVR) vs Mackenzie Realty Capital, Inc. (MKZR)

FrontView REIT, Inc. and Mackenzie Realty Capital, Inc. are both Reit Diversified companies. FrontView REIT, Inc. is the larger, with a market value of $540.6M against $3.1M — 173.8× the size. Mackenzie Realty Capital, Inc. has negative trailing earnings, so its P/E is not meaningful; FrontView REIT, Inc. trades at 596×. FrontView REIT, Inc. grew revenue faster over the last twelve months: 6.61% against −11.0%. FrontView REIT, Inc. has the higher net margin (1.15% vs −96.2%) and the higher return on invested capital (1.05% vs −13.6%). Across the 18 metrics below, FrontView REIT, Inc. leads on 12 and Mackenzie Realty Capital, Inc. on 6.

Valuation

Metric FVR MKZR Reit Diversified median
P/E 596.33 n/m 23.72
P/S 5.88 0.14 3.28
P/B 0.77 0.03 0.87
Price to free cash flow 9.44 n/m 9.21
EV/EBITDA 14.52 1.94 11.57
EV/Sales 10.52 (0.39) 6.64
Earnings yield 0.17% (726.56%) 1.04%
Free cash flow yield 10.60% (611.09%) 0.16%

Profitability

Metric FVR MKZR Reit Diversified median
Gross margin 86.69% 58.84% 77.09%
Operating margin 20.49% (84.30%) 33.33%
Net margin 1.15% (96.19%) 2.62%
Free cash flow margin 62.31% (85.85%) 3.11%
Return on equity 0.15% (20.35%) 3.13%
Return on assets 0.09% (7.82%) 0.35%
Return on invested capital 1.05% (13.61%) 2.80%

Growth

Metric FVR MKZR Reit Diversified median
Revenue growth (TTM) 6.61% (11.01%) 5.49%
EPS growth (last fiscal year) 77.08% (86.60%) —
Revenue growth, 5-year CAGR — 16.30% 4.83%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric FVR MKZR Reit Diversified median
Debt to equity 0.62 0.00 1.13
Current ratio 0.57 0.09 1.47
Net debt to EBITDA 6.09 0.75 5.88

Dividend

Metric FVR MKZR Reit Diversified median
Dividend yield — — 7.13%
Payout ratio — — 1.37

Size

Metric FVR MKZR Reit Diversified median
Market cap 540.59m 3.11m 729.58m

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