Rand Capital Corporation (RAND) vs Royalty Management Holding Corporation (RMCO)

Rand Capital Corporation and Royalty Management Holding Corporation are both Asset Management companies. Royalty Management Holding Corporation is the larger, with a market value of $39.2M against $29.1M — 1.3× the size. Royalty Management Holding Corporation grew revenue faster over the last twelve months: 133.5% against −31.0%. Rand Capital Corporation has the higher net margin (−2.66% vs −14.5%) and the higher return on invested capital (0.00% vs −1.41%). Across the 17 metrics below, Rand Capital Corporation leads on 13 and Royalty Management Holding Corporation on 4.

Valuation

Metric RAND RMCO Asset Management median
P/E n/m n/m 14.62
P/S 5.40 6.42 2.97
P/B 0.58 3.56 0.94
Price to free cash flow n/m n/m 8.93
EV/EBITDA n/m n/m 10.32
EV/Sales (4.02) 6.40 5.72
Earnings yield (0.40%) (2.45%) 4.53%
Free cash flow yield (13.45%) (1.00%) 4.65%

Profitability

Metric RAND RMCO Asset Management median
Gross margin 100.00% 11.15% 100.00%
Operating margin 56.38% (5.05%) 33.03%
Net margin (2.66%) (14.52%) 13.53%
Free cash flow margin (72.42%) (6.42%) 12.44%
Return on equity (0.27%) (7.81%) 4.83%
Return on assets (0.25%) (5.32%) 1.57%
Return on invested capital 0.00% (1.41%) 3.04%

Growth

Metric RAND RMCO Asset Management median
Revenue growth (TTM) (30.97%) 133.52% 6.97%
EPS growth (last fiscal year) (179.82%) (557.89%) —
Revenue growth, 5-year CAGR 15.85% — 12.13%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric RAND RMCO Asset Management median
Debt to equity 0.10 0.01 0.42
Current ratio 90.74 1.41 1.28
Net debt to EBITDA (9.71) 0.68 1.06

Dividend

Metric RAND RMCO Asset Management median
Dividend yield 6.92% — 6.92%
Payout ratio 0.33 0.00 0.77

Size

Metric RAND RMCO Asset Management median
Market cap 29.13m 39.22m 721.34m

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