Great Ajax Corp. (RPT) vs Sachem Capital Corp. (SACH)

Great Ajax Corp. and Sachem Capital Corp. are both Reit Mortgage companies. Great Ajax Corp. is the larger, with a market value of $85.1M against $43.8M — 1.9× the size. Sachem Capital Corp. grew revenue faster over the last twelve months: −8.38% against −77.3%. Great Ajax Corp. has the higher net margin (−14.4% vs −28.4%) and the higher return on invested capital (0.27% vs −6.34%). Both pay a dividend; Great Ajax Corp. yields more (14.9% vs 12.0%). Across the 20 metrics below, Sachem Capital Corp. leads on 12 and Great Ajax Corp. on 8.

Valuation

Metric RPT SACH Reit Mortgage median
P/E n/m n/m 7.80
P/S 5.56 0.99 1.90
P/B 0.36 0.27 0.61
Price to free cash flow n/m 1.51 5.90
EV/EBITDA 117.77 4.66 28.40
EV/Sales 35.85 (0.66) 16.02
Earnings yield (2.41%) (28.57%) 7.68%
Free cash flow yield (10.74%) 66.33% 11.60%

Profitability

Metric RPT SACH Reit Mortgage median
Gross margin 100.00% 100.00% 100.00%
Operating margin 21.02% (20.16%) 35.40%
Net margin (14.42%) (28.44%) 11.85%
Free cash flow margin (59.65%) 65.38% 26.68%
Return on equity (0.91%) (7.37%) 4.81%
Return on assets (0.22%) (2.55%) 0.62%
Return on invested capital 0.27% (6.34%) 1.22%

Growth

Metric RPT SACH Reit Mortgage median
Revenue growth (TTM) (77.29%) (8.38%) 4.70%
EPS growth (last fiscal year) 97.38% 104.30% —
Revenue growth, 5-year CAGR (24.69%) 19.52% 14.60%
Net income growth, 5-year CAGR 0.00% (27.22%) 0.00%

Health

Metric RPT SACH Reit Mortgage median
Debt to equity 1.84 0.24 3.30
Current ratio 1.00 1.40 1.00
Net debt to EBITDA 181.49 (5.55) 18.31

Dividend

Metric RPT SACH Reit Mortgage median
Dividend yield 14.89% 12.04% 13.05%
Payout ratio 0.47 1.18 1.24

Size

Metric RPT SACH Reit Mortgage median
Market cap 85.11m 43.83m 517.48m

Compare with another peer

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