Income Opportunity Realty Investors, Inc. (IOR) vs loanDepot, Inc. (LDI)

Income Opportunity Realty Investors, Inc. and loanDepot, Inc. are both Mortgage Finance companies. loanDepot, Inc. is the larger, with a market value of $223.8M against $74.1M — 3.0× the size. loanDepot, Inc. has negative trailing earnings, so its P/E is not meaningful; Income Opportunity Realty Investors, Inc. trades at 19.8×. Income Opportunity Realty Investors, Inc. has the higher net margin (0.00% vs −5.52%) and the lower return on invested capital (−0.19% vs 0.72%). Across the 17 metrics below, Income Opportunity Realty Investors, Inc. leads on 9 and loanDepot, Inc. on 8.

Valuation

Metric IOR LDI Mortgage Finance median
P/E 19.82 n/m 7.11
P/S 116.00 0.12 1.54
P/B 0.58 0.47 0.53
Price to free cash flow 3.52 n/m 6.59
EV/EBITDA n/m 44.36 22.03
EV/Sales 115.95 4.64 5.95
Earnings yield 5.05% (44.78%) 2.09%
Free cash flow yield 28.43% (164.78%) (16.97%)

Profitability

Metric IOR LDI Mortgage Finance median
Gross margin 0.00% 87.54% 84.40%
Operating margin 0.00% 5.49% 12.51%
Net margin 0.00% (5.52%) (0.83%)
Free cash flow margin 0.00% (20.34%) (45.06%)
Return on equity 2.96% (17.97%) (1.16%)
Return on assets 2.96% (1.08%) 0.38%
Return on invested capital (0.19%) 0.72% 0.36%

Growth

Metric IOR LDI Mortgage Finance median
Revenue growth (TTM) — 11.44% 11.44%
EPS growth (last fiscal year) (14.04%) 43.40% —
Revenue growth, 5-year CAGR — (22.71%) (11.16%)
Net income growth, 5-year CAGR (1.09%) 0.00% 0.00%

Health

Metric IOR LDI Mortgage Finance median
Debt to equity 0.00 17.94 1.22
Current ratio 31,909.00 1.11 1.38
Net debt to EBITDA 0.02 48.55 9.85

Dividend

Metric IOR LDI Mortgage Finance median
Dividend yield — 18.71% 5.81%
Payout ratio 0.00 0.00 0.00

Size

Metric IOR LDI Mortgage Finance median
Market cap 74.05m 223.82m 214.95m

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