Granite Point Mortgage Trust Inc. (GPMT) vs Sachem Capital Corp. (SACH)

Granite Point Mortgage Trust Inc. and Sachem Capital Corp. are both Reit Mortgage companies. Granite Point Mortgage Trust Inc. and Sachem Capital Corp. are of similar size ($45.4M and $43.8M). Granite Point Mortgage Trust Inc. grew revenue faster over the last twelve months: −2.40% against −8.38%. Sachem Capital Corp. has the higher net margin (−28.4% vs −314.1%) and the lower return on invested capital (−6.34% vs −2.91%). Both pay a dividend; Granite Point Mortgage Trust Inc. yields more (15.4% vs 12.0%). Across the 20 metrics below, Sachem Capital Corp. leads on 14 and Granite Point Mortgage Trust Inc. on 6.

Valuation

Metric GPMT SACH Reit Mortgage median
P/E n/m n/m 7.80
P/S 1.44 0.99 1.90
P/B 0.09 0.27 0.61
Price to free cash flow 72.87 1.51 5.90
EV/EBITDA n/m 4.66 28.40
EV/Sales 32.61 (0.66) 16.02
Earnings yield (218.48%) (28.57%) 7.68%
Free cash flow yield 1.37% 66.33% 11.60%

Profitability

Metric GPMT SACH Reit Mortgage median
Gross margin 100.00% 100.00% 100.00%
Operating margin (151.32%) (20.16%) 35.40%
Net margin (314.14%) (28.44%) 11.85%
Free cash flow margin 1.98% 65.38% 26.68%
Return on equity (18.04%) (7.37%) 4.81%
Return on assets (5.68%) (2.55%) 0.62%
Return on invested capital (2.91%) (6.34%) 1.22%

Growth

Metric GPMT SACH Reit Mortgage median
Revenue growth (TTM) (2.40%) (8.38%) 4.70%
EPS growth (last fiscal year) 73.58% 104.30% —
Revenue growth, 5-year CAGR (22.97%) 19.52% 14.60%
Net income growth, 5-year CAGR 0.00% (27.22%) 0.00%

Health

Metric GPMT SACH Reit Mortgage median
Debt to equity 1.29 0.24 3.30
Current ratio 0.00 1.40 1.00
Net debt to EBITDA (94.92) (5.55) 18.31

Dividend

Metric GPMT SACH Reit Mortgage median
Dividend yield 15.38% 12.04% 13.05%
Payout ratio 5.88 1.18 1.24

Size

Metric GPMT SACH Reit Mortgage median
Market cap 45.44m 43.83m 517.48m

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