Chicago Atlantic BDC, Inc. (LIEN) vs Westwood Holdings Group Inc (WHG)

Chicago Atlantic BDC, Inc. and Westwood Holdings Group Inc are both Asset Management companies. Chicago Atlantic BDC, Inc. is the larger, with a market value of $235.3M against $180.4M — 1.3× the size. Chicago Atlantic BDC, Inc. trades at the lower P/E: 7.2× against 20.5×. Chicago Atlantic BDC, Inc. grew revenue faster over the last twelve months: 46.9% against 6.30%. Chicago Atlantic BDC, Inc. has the higher net margin (52.8% vs 7.73%) and the lower return on invested capital (0.00% vs 3.48%). Both pay a dividend; Chicago Atlantic BDC, Inc. yields more (5.83% vs 5.07%). Across the 18 metrics below, Chicago Atlantic BDC, Inc. leads on 13 and Westwood Holdings Group Inc on 5.

Valuation

Metric LIEN WHG Asset Management median
P/E 7.22 20.46 14.62
P/S 3.82 1.62 2.97
P/B 0.76 1.29 0.94
Price to free cash flow n/m 10.16 8.93
EV/EBITDA n/m 14.45 10.32
EV/Sales (1.78) 1.20 5.72
Earnings yield 13.84% 4.89% 4.53%
Free cash flow yield (1.32%) 9.84% 4.65%

Profitability

Metric LIEN WHG Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin 63.70% 4.66% 33.03%
Net margin 52.82% 7.73% 13.53%
Free cash flow margin (5.03%) 16.36% 12.44%
Return on equity 10.48% 6.29% 4.83%
Return on assets 9.38% 5.21% 1.57%
Return on invested capital 0.00% 3.48% 3.04%

Growth

Metric LIEN WHG Asset Management median
Revenue growth (TTM) 46.89% 6.30% 6.97%
EPS growth (last fiscal year) 56.99% 203.85% —
Revenue growth, 5-year CAGR 457.31% 8.47% 12.13%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LIEN WHG Asset Management median
Debt to equity 0.00 0.00 0.42
Current ratio 8.29 3.76 1.28
Net debt to EBITDA (10.43) (5.06) 1.06

Dividend

Metric LIEN WHG Asset Management median
Dividend yield 5.83% 5.07% 6.92%
Payout ratio 0.00 3.75 0.77

Size

Metric LIEN WHG Asset Management median
Market cap 235.28m 180.39m 721.34m

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