TPG Mortgage Investment Trust Inc. (MITT) vs Sunrise Realty Trust, Inc. (SUNS)

TPG Mortgage Investment Trust Inc. and Sunrise Realty Trust, Inc. are both Reit Mortgage companies. TPG Mortgage Investment Trust Inc. is the larger, with a market value of $193.7M against $97.7M — 2.0× the size. Sunrise Realty Trust, Inc. trades at the lower P/E: 7.4× against 8.3×. Sunrise Realty Trust, Inc. grew revenue faster over the last twelve months: 44.3% against 18.8%. Sunrise Realty Trust, Inc. has the higher net margin (53.3% vs 4.47%) and the higher return on invested capital (5.33% vs 4.05%). Across the 18 metrics below, Sunrise Realty Trust, Inc. leads on 13 and TPG Mortgage Investment Trust Inc. on 5.

Valuation

Metric MITT SUNS Reit Mortgage median
P/E 8.26 7.39 7.80
P/S 0.38 3.92 1.90
P/B 0.60 0.53 0.61
Price to free cash flow 2.41 n/m 5.90
EV/EBITDA 15.79 6.66 28.40
EV/Sales 16.10 3.69 16.02
Earnings yield 12.11% 13.53% 7.68%
Free cash flow yield 41.52% (0.69%) 11.60%

Profitability

Metric MITT SUNS Reit Mortgage median
Gross margin 100.00% 100.00% 100.00%
Operating margin 98.41% 61.64% 35.40%
Net margin 4.47% 53.33% 11.85%
Free cash flow margin 15.68% (2.69%) 26.68%
Return on equity 7.17% 7.11% 4.81%
Return on assets 0.30% 4.43% 0.62%
Return on invested capital 4.05% 5.33% 1.22%

Growth

Metric MITT SUNS Reit Mortgage median
Revenue growth (TTM) 18.75% 44.28% 4.70%
EPS growth (last fiscal year) (26.83%) (7.00%) —
Revenue growth, 5-year CAGR 45.16% — 14.60%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric MITT SUNS Reit Mortgage median
Debt to equity 13.45 0.00 3.30
Current ratio 0.00 0.06 1.00
Net debt to EBITDA 15.82 (0.49) 18.31

Dividend

Metric MITT SUNS Reit Mortgage median
Dividend yield 11.92% — 13.05%
Payout ratio 1.74 — 1.24

Size

Metric MITT SUNS Reit Mortgage median
Market cap 193.68m 97.72m 517.48m

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