U.S. Global Investors, Inc. (GROW) vs Rand Capital Corporation (RAND)

U.S. Global Investors, Inc. and Rand Capital Corporation are both Asset Management companies. U.S. Global Investors, Inc. and Rand Capital Corporation are of similar size ($30.3M and $29.5M). Rand Capital Corporation trades at the lower P/E: 9.3× against 9.6×. U.S. Global Investors, Inc. grew revenue faster over the last twelve months: 21.3% against −28.6%. Rand Capital Corporation has the higher net margin (57.9% vs 29.8%) and the higher return on invested capital (0.00% vs −1.89%). Both pay a dividend; Rand Capital Corporation yields more (9.11% vs 3.63%). Across the 19 metrics below, Rand Capital Corporation leads on 11 and U.S. Global Investors, Inc. on 8.

Valuation

Metric GROW RAND Asset Management median
P/E 9.61 9.27 13.38
P/S 3.07 5.42 2.99
P/B 0.70 0.55 0.91
Price to free cash flow 46.16 n/m 7.79
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 10.40% 10.79% 4.67%
Free cash flow yield 2.17% (32.34%) 4.85%

Profitability

Metric GROW RAND Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin (5.82%) 0.00% 27.27%
Net margin 29.80% 57.91% 11.89%
Free cash flow margin 6.64% (175.10%) 5.96%
Return on equity 6.76% 5.76% 4.57%
Return on assets 6.36% 5.40% 1.40%
Return on invested capital (1.89%) 0.00% 2.12%

Growth

Metric GROW RAND Asset Management median
Revenue growth (TTM) 21.28% (28.61%) 7.26%
EPS growth (last fiscal year) 900.00% (179.82%) (5.64%)
Revenue growth, 5-year CAGR (13.89%) 15.85% 11.84%
Net income growth, 5-year CAGR (37.47%) 0.00% 0.00%

Health

Metric GROW RAND Asset Management median
Debt to equity 0.00 0.10 0.40
Current ratio 19.71 90.74 1.23
Net debt to EBITDA 42.87 (9.71) 1.06

Dividend

Metric GROW RAND Asset Management median
Dividend yield 3.63% 9.11% 6.43%
Payout ratio 0.38 0.84 0.91

Size

Metric GROW RAND Asset Management median
Market cap 30.25m 29.46m 692.54m

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