NexPoint Real Estate Finance, Inc. (NREF) vs TPG RE Finance Trust, Inc. (TRTX)

NexPoint Real Estate Finance, Inc. and TPG RE Finance Trust, Inc. are both Reit Mortgage companies. TPG RE Finance Trust, Inc. is the larger, with a market value of $508.2M against $297.0M — 1.7× the size. NexPoint Real Estate Finance, Inc. trades at the lower P/E: 6.7× against 12.1×. TPG RE Finance Trust, Inc. grew revenue faster over the last twelve months: −2.64% against −5.70%. NexPoint Real Estate Finance, Inc. has the higher net margin (65.6% vs 29.9%) and the higher return on invested capital (1.31% vs 1.00%). Both pay a dividend; NexPoint Real Estate Finance, Inc. yields more (19.5% vs 17.6%). Across the 22 metrics below, NexPoint Real Estate Finance, Inc. leads on 15 and TPG RE Finance Trust, Inc. on 7.

Valuation

Metric NREF TRTX Reit Mortgage median
P/E 6.65 12.15 7.80
P/S 3.13 3.50 1.90
P/B 0.78 0.48 0.61
Price to free cash flow 63.54 6.10 5.90
EV/EBITDA 30.94 47.76 28.40
EV/Sales 8.81 26.90 16.02
Earnings yield 15.03% 8.23% 7.68%
Free cash flow yield 1.57% 16.40% 11.60%

Profitability

Metric NREF TRTX Reit Mortgage median
Gross margin 100.00% 100.00% 100.00%
Operating margin 20.29% 48.82% 35.40%
Net margin 65.64% 29.93% 11.85%
Free cash flow margin 4.92% 57.48% 26.68%
Return on equity 17.13% 4.04% 4.81%
Return on assets 1.16% 0.99% 0.62%
Return on invested capital 1.31% 1.00% 1.22%

Growth

Metric NREF TRTX Reit Mortgage median
Revenue growth (TTM) (5.70%) (2.64%) 4.70%
EPS growth (last fiscal year) 114.86% (24.00%) —
Revenue growth, 5-year CAGR 18.20% (3.76%) 14.60%
Net income growth, 5-year CAGR 46.80% 0.00% 0.00%

Health

Metric NREF TRTX Reit Mortgage median
Debt to equity 1.79 3.30 3.30
Current ratio 163.94 200.26 1.00
Net debt to EBITDA 28.84 38.25 18.31

Dividend

Metric NREF TRTX Reit Mortgage median
Dividend yield 19.50% 17.57% 13.05%
Payout ratio 1.24 0.99 1.24

Size

Metric NREF TRTX Reit Mortgage median
Market cap 297.04m 508.21m 517.48m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack