Innventure, Inc. (INV) vs Rand Capital Corporation (RAND)

Innventure, Inc. and Rand Capital Corporation are both Asset Management companies. Rand Capital Corporation is the larger, with a market value of $28.4M against $25.6M — 1.1× the size. Innventure, Inc. grew revenue faster over the last twelve months: 154.7% against −31.0%. Rand Capital Corporation has the higher net margin (−2.66% vs −3,022.4%) and the higher return on invested capital (0.00% vs −16.6%). Across the 16 metrics below, Rand Capital Corporation leads on 12 and Innventure, Inc. on 4.

Valuation

Metric INV RAND Asset Management median
P/E n/m n/m 13.99
P/S 7.31 5.26 2.76
P/B 0.06 0.56 0.85
Price to free cash flow n/m n/m 8.32
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (466.67%) (0.41%) 4.72%
Free cash flow yield (382.64%) (13.81%) 4.44%

Profitability

Metric INV RAND Asset Management median
Gross margin (595.92%) 100.00% 100.00%
Operating margin (3,190.62%) 56.38% 33.42%
Net margin (3,022.41%) (2.66%) 13.37%
Free cash flow margin (2,797.28%) (72.42%) 12.36%
Return on equity (24.95%) (0.27%) 4.79%
Return on assets (20.06%) (0.25%) 1.55%
Return on invested capital (16.62%) 0.00% 2.97%

Growth

Metric INV RAND Asset Management median
Revenue growth (TTM) 154.72% (30.97%) 7.42%
EPS growth (last fiscal year) (141.01%) (179.82%) (6.67%)
Revenue growth, 5-year CAGR — 15.85% 12.51%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric INV RAND Asset Management median
Debt to equity 0.03 0.10 0.44
Current ratio 1.20 90.74 1.30
Net debt to EBITDA 0.10 (9.71) 1.02

Dividend

Metric INV RAND Asset Management median
Dividend yield — 8.93% 6.60%
Payout ratio — — 0.94

Size

Metric INV RAND Asset Management median
Market cap 25.62m 28.36m 694.86m

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