Investcorp Credit Management BDC, Inc. (ICMB) vs Jupai Holdings Limited (JP)

Investcorp Credit Management BDC, Inc. and Jupai Holdings Limited are both Asset Management companies. Investcorp Credit Management BDC, Inc. and Jupai Holdings Limited are of similar size ($12.4M and $12.1M). Jupai Holdings Limited grew revenue faster over the last twelve months: −16.9% against −27.4%. Jupai Holdings Limited has the higher net margin (−92.1% vs −132.8%) and the lower return on invested capital (−10.6% vs 0.33%). Across the 19 metrics below, Investcorp Credit Management BDC, Inc. leads on 10 and Jupai Holdings Limited on 9.

Valuation

Metric ICMB JP Asset Management median
P/E n/m n/m 14.62
P/S 0.82 0.25 2.97
P/B 0.25 0.09 0.94
Price to free cash flow 0.37 n/m 8.93
EV/EBITDA 12.22 9.85 10.32
EV/Sales 6.65 (1.52) 5.72
Earnings yield (165.12%) (360.53%) 4.53%
Free cash flow yield 269.17% (67.65%) 4.65%

Profitability

Metric ICMB JP Asset Management median
Gross margin 100.00% 54.46% 100.00%
Operating margin 56.53% (15.40%) 33.03%
Net margin (132.75%) (92.08%) 13.53%
Free cash flow margin 220.26% 0.00% 12.44%
Return on equity (32.04%) 0.00% 4.83%
Return on assets (10.45%) (21.77%) 1.57%
Return on invested capital 0.33% (10.64%) 3.04%

Growth

Metric ICMB JP Asset Management median
Revenue growth (TTM) (27.36%) (16.91%) 6.97%
EPS growth (last fiscal year) (114.56%) (263.93%) —
Revenue growth, 5-year CAGR (12.78%) (52.34%) 12.13%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ICMB JP Asset Management median
Debt to equity 2.20 0.00 0.42
Current ratio 7.28 1.44 1.28
Net debt to EBITDA 10.61 (52.29) 1.06

Dividend

Metric ICMB JP Asset Management median
Dividend yield 13.89% — 6.92%
Payout ratio 2.55 0.00 0.77

Size

Metric ICMB JP Asset Management median
Market cap 12.41m 12.10m 721.34m

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