loanDepot, Inc. (LDI) vs Pineapple Financial Inc. (PAPL)

loanDepot, Inc. and Pineapple Financial Inc. are both Mortgage Finance companies. loanDepot, Inc. is the larger, with a market value of $223.8M against $25.5M — 8.8× the size. loanDepot, Inc. grew revenue faster over the last twelve months: 11.4% against −2.54%. loanDepot, Inc. has the higher net margin (−5.52% vs −90.2%) and the higher return on invested capital (0.72% vs −0.40%). Across the 19 metrics below, loanDepot, Inc. leads on 10 and Pineapple Financial Inc. on 9.

Valuation

Metric LDI PAPL Mortgage Finance median
P/E n/m n/m 7.11
P/S 0.12 9.18 1.54
P/B 0.47 0.49 0.53
Price to free cash flow n/m n/m 6.59
EV/EBITDA 44.36 22.03 22.03
EV/Sales 4.64 13.27 5.95
Earnings yield (44.78%) (643.78%) 2.09%
Free cash flow yield (164.78%) (22.79%) (16.97%)

Profitability

Metric LDI PAPL Mortgage Finance median
Gross margin 87.54% 100.00% 84.40%
Operating margin 5.49% 25.36% 12.51%
Net margin (5.52%) (90.19%) (0.83%)
Free cash flow margin (20.34%) (209.14%) (45.06%)
Return on equity (17.97%) (9.57%) (1.16%)
Return on assets (1.08%) (6.23%) 0.38%
Return on invested capital 0.72% (0.40%) 0.36%

Growth

Metric LDI PAPL Mortgage Finance median
Revenue growth (TTM) 11.44% (2.54%) 11.44%
EPS growth (last fiscal year) 43.40% 53.42% —
Revenue growth, 5-year CAGR (22.71%) 2.13% (11.16%)
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LDI PAPL Mortgage Finance median
Debt to equity 17.94 0.42 1.22
Current ratio 1.11 1.00 1.38
Net debt to EBITDA 48.55 0.53 9.85

Dividend

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

Size

Metric LDI PAPL Mortgage Finance median
Market cap 223.82m 25.52m 214.95m

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