U.S. Global Investors, Inc. (GROW) vs Mount Logan Capital Inc. (MLCI)

U.S. Global Investors, Inc. and Mount Logan Capital Inc. are both Asset Management companies. U.S. Global Investors, Inc. and Mount Logan Capital Inc. are of similar size ($35.5M and $33.5M). Mount Logan Capital Inc. has negative trailing earnings, so its P/E is not meaningful; U.S. Global Investors, Inc. trades at 10.5×. U.S. Global Investors, Inc. has the higher net margin (29.8% vs −155.4%) and the lower return on invested capital (−1.89% vs 0.00%). Both pay a dividend; U.S. Global Investors, Inc. yields more (3.86% vs 3.66%). Across the 15 metrics below, U.S. Global Investors, Inc. leads on 12 and Mount Logan Capital Inc. on 3.

Valuation

Metric GROW MLCI Asset Management median
P/E 10.54 n/m 13.99
P/S 3.36 0.90 2.76
P/B 0.76 0.60 0.85
Price to free cash flow 50.62 n/m 8.32
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.49% (203.35%) 4.72%
Free cash flow yield 1.98% (127.25%) 4.44%

Profitability

Metric GROW MLCI Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin (5.82%) (139.61%) 33.42%
Net margin 29.80% (155.36%) 13.37%
Free cash flow margin 6.64% (114.52%) 12.36%
Return on equity 6.76% (76.87%) 4.79%
Return on assets 6.36% (8.18%) 1.55%
Return on invested capital (1.89%) 0.00% 2.97%

Growth

Metric GROW MLCI Asset Management median
Revenue growth (TTM) 21.28% — 7.42%
EPS growth (last fiscal year) 900.00% (316.67%) (6.67%)
Revenue growth, 5-year CAGR (13.89%) — 12.51%
Net income growth, 5-year CAGR (37.47%) — 0.00%

Health

Metric GROW MLCI Asset Management median
Debt to equity 0.00 1.81 0.44
Current ratio 19.71 0.82 1.30
Net debt to EBITDA 42.87 45.83 1.02

Dividend

Metric GROW MLCI Asset Management median
Dividend yield 3.86% 3.66% 6.60%
Payout ratio 0.41 — 0.94

Size

Metric GROW MLCI Asset Management median
Market cap 33.45m 35.47m 694.86m

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