Sachem Capital Corp. (SACH) vs Sunrise Realty Trust, Inc. (SUNS)

Sachem Capital Corp. and Sunrise Realty Trust, Inc. are both Reit Mortgage companies. Sunrise Realty Trust, Inc. is the larger, with a market value of $97.7M against $43.8M — 2.2× the size. Sachem Capital Corp. has negative trailing earnings, so its P/E is not meaningful; Sunrise Realty Trust, Inc. trades at 7.4×. Sunrise Realty Trust, Inc. grew revenue faster over the last twelve months: 44.3% against −8.38%. Sunrise Realty Trust, Inc. has the higher net margin (53.3% vs −28.4%) and the higher return on invested capital (5.33% vs −6.34%). Across the 17 metrics below, Sachem Capital Corp. leads on 9 and Sunrise Realty Trust, Inc. on 8.

Valuation

Metric SACH SUNS Reit Mortgage median
P/E n/m 7.39 7.80
P/S 0.99 3.92 1.90
P/B 0.27 0.53 0.61
Price to free cash flow 1.51 n/m 5.90
EV/EBITDA 4.66 6.66 28.40
EV/Sales (0.66) 3.69 16.02
Earnings yield (28.57%) 13.53% 7.68%
Free cash flow yield 66.33% (0.69%) 11.60%

Profitability

Metric SACH SUNS Reit Mortgage median
Gross margin 100.00% 100.00% 100.00%
Operating margin (20.16%) 61.64% 35.40%
Net margin (28.44%) 53.33% 11.85%
Free cash flow margin 65.38% (2.69%) 26.68%
Return on equity (7.37%) 7.11% 4.81%
Return on assets (2.55%) 4.43% 0.62%
Return on invested capital (6.34%) 5.33% 1.22%

Growth

Metric SACH SUNS Reit Mortgage median
Revenue growth (TTM) (8.38%) 44.28% 4.70%
EPS growth (last fiscal year) 104.30% (7.00%) —
Revenue growth, 5-year CAGR 19.52% — 14.60%
Net income growth, 5-year CAGR (27.22%) — 0.00%

Health

Metric SACH SUNS Reit Mortgage median
Debt to equity 0.24 0.00 3.30
Current ratio 1.40 0.06 1.00
Net debt to EBITDA (5.55) (0.49) 18.31

Dividend

Metric SACH SUNS Reit Mortgage median
Dividend yield 12.04% — 13.05%
Payout ratio 1.18 — 1.24

Size

Metric SACH SUNS Reit Mortgage median
Market cap 43.83m 97.72m 517.48m

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