Gladstone Investment Corporation (GAIN) vs Tiptree Financial Inc. (TIPT)

Gladstone Investment Corporation and Tiptree Financial Inc. are both Asset Management companies. Gladstone Investment Corporation and Tiptree Financial Inc. are of similar size ($640.0M and $594.9M). Tiptree Financial Inc. trades at the lower P/E: 1.6× against 3.6×. Gladstone Investment Corporation grew revenue faster over the last twelve months: 9.32% against −100.0%. Gladstone Investment Corporation has the higher net margin (159.0% vs 0.00%) and the higher return on invested capital (2.36% vs −18.2%). Both pay a dividend; Gladstone Investment Corporation yields more (6.43% vs 1.37%). Across the 19 metrics below, Gladstone Investment Corporation leads on 12 and Tiptree Financial Inc. on 7.

Valuation

Metric GAIN TIPT Asset Management median
P/E 3.57 1.60 13.38
P/S 5.72 1,338.53 2.99
P/B 0.92 0.72 0.91
Price to free cash flow n/m n/m 7.79
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 28.00% 62.68% 4.67%
Free cash flow yield (7.29%) (16.53%) 4.85%

Profitability

Metric GAIN TIPT Asset Management median
Gross margin 61.22% 100.00% 100.00%
Operating margin 23.40% 0.00% 27.27%
Net margin 158.95% 0.00% 11.89%
Free cash flow margin (41.74%) 0.00% 5.96%
Return on equity 29.17% 50.20% 4.57%
Return on assets 14.01% 11.21% 1.40%
Return on invested capital 2.36% (18.22%) 2.12%

Growth

Metric GAIN TIPT Asset Management median
Revenue growth (TTM) 9.32% (99.98%) 7.26%
EPS growth (last fiscal year) 167.98% (43.28%) (5.64%)
Revenue growth, 5-year CAGR 11.84% (77.30%) 11.84%
Net income growth, 5-year CAGR 34.19% 0.00% 0.00%

Health

Metric GAIN TIPT Asset Management median
Debt to equity 0.00 0.00 0.40
Current ratio 0.02 0.00 1.23
Net debt to EBITDA 0.01 (0.43) 1.06

Dividend

Metric GAIN TIPT Asset Management median
Dividend yield 6.43% 1.37% 6.43%
Payout ratio 0.23 0.02 0.91

Size

Metric GAIN TIPT Asset Management median
Market cap 594.94m 639.99m 692.54m

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