Great Elm Capital Group, Inc. (GECC) vs Pearl Diver Credit Company Inc. (PDCC)

Great Elm Capital Group, Inc. and Pearl Diver Credit Company Inc. are both Asset Management companies. Great Elm Capital Group, Inc. is the larger, with a market value of $68.6M against $60.8M — 1.1× the size. Both pay a dividend; Pearl Diver Credit Company Inc. yields more (26.9% vs 23.8%). Across the 3 metrics below, Pearl Diver Credit Company Inc. leads on 2 and Great Elm Capital Group, Inc. on 1.

Valuation

Metric GECC PDCC Asset Management median
P/E n/m n/m 13.38
P/S 1.64 — 2.99
P/B 0.67 — 0.91
Price to free cash flow 1.00 — 7.79
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (29.76%) (55.28%) 4.67%
Free cash flow yield 100.29% — 4.85%

Profitability

Metric GECC PDCC Asset Management median
Gross margin 100.00% — 100.00%
Operating margin 69.27% — 27.27%
Net margin (49.20%) — 11.89%
Free cash flow margin 164.33% — 5.96%
Return on equity (16.90%) — 4.57%
Return on assets (6.06%) 0.00% 1.40%
Return on invested capital 3.14% — 2.12%

Growth

Metric GECC PDCC Asset Management median
Revenue growth (TTM) (10.41%) — 7.26%
EPS growth (last fiscal year) (813.89%) — (5.64%)
Revenue growth, 5-year CAGR 16.90% — 11.84%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric GECC PDCC Asset Management median
Debt to equity 1.47 — 0.40
Current ratio 1.61 — 1.23
Net debt to EBITDA 2.35 — 1.06

Dividend

Metric GECC PDCC Asset Management median
Dividend yield 23.78% 26.90% 6.43%
Payout ratio — — 0.91

Size

Metric GECC PDCC Asset Management median
Market cap 68.57m 60.82m 692.54m

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