Smith Douglas Homes Corp. (SDHC) vs Sky Harbour Group Corporation (SKYH)

Smith Douglas Homes Corp. and Sky Harbour Group Corporation are both Real Estate Development companies. Sky Harbour Group Corporation is the larger, with a market value of $802.4M against $533.7M — 1.5× the size. Smith Douglas Homes Corp. trades at the lower P/E: 14.3× against 334×. Sky Harbour Group Corporation grew revenue faster over the last twelve months: 62.2% against −1.19%. Sky Harbour Group Corporation has the higher net margin (2.73% vs 0.64%) and the lower return on invested capital (0.00% vs 7.13%). Across the 17 metrics below, Smith Douglas Homes Corp. leads on 12 and Sky Harbour Group Corporation on 5.

Valuation

Metric SDHC SKYH Real Estate Development median
P/E 14.35 333.67 7.17
P/S 0.09 10.16 1.63
P/B 0.20 2.10 0.70
Price to free cash flow 2.56 n/m 7.76
EV/EBITDA 1.39 n/m 11.00
EV/Sales 0.07 4.07 2.43
Earnings yield 6.97% 0.30% 7.33%
Free cash flow yield 39.10% (1.59%) (1.59%)

Profitability

Metric SDHC SKYH Real Estate Development median
Gross margin 19.47% 100.00% 29.60%
Operating margin 4.77% (80.78%) (2.67%)
Net margin 0.64% 2.73% 3.36%
Free cash flow margin 3.38% (16.14%) (0.89%)
Return on equity 1.52% 0.56% 0.56%
Return on assets 1.11% 0.13% 1.11%
Return on invested capital 7.13% 0.00% 0.00%

Growth

Metric SDHC SKYH Real Estate Development median
Revenue growth (TTM) (1.19%) 62.23% 11.77%
EPS growth (last fiscal year) (34.25%) 105.11% —
Revenue growth, 5-year CAGR — — 5.69%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric SDHC SKYH Real Estate Development median
Debt to equity 0.00 0.00 0.37
Current ratio 0.12 0.34 0.63
Net debt to EBITDA (0.16) 2.28 1.81

Dividend

Metric SDHC SKYH Real Estate Development median
Dividend yield — — —
Payout ratio — 0.00 0.00

Size

Metric SDHC SKYH Real Estate Development median
Market cap 533.70m 802.42m 178.40m

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