Company Valuation: Ready Capital Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,150 1,231 1,764 1,149 353.4 289.1 - -
Change - 7.03% 43.31% -34.85% -69.25% -18.21% - -
Enterprise Value (EV) 1 1,150 1,231 1,764 1,149 5,485 3,247 3,503 289.1
Change - 7.03% 43.31% -34.85% 377.17% -40.8% 7.87% -91.75%
P/E 7.2x 6.71x 4.62x -2.59x -1.51x -0.68x -1.51x 33.2x
PBR 0.93x 0.73x 0.73x 0.64x 0.25x 0.29x 0.33x 0.28x
PEG - -0.3x 0.1x 0x 0x -0x 0x -0x
Capitalization / Revenue 2.85x 1.83x 1.87x 1.28x 0.62x 0.83x 0.88x -
EV / Revenue 2.85x 1.83x 1.87x 1.28x 9.64x 9.3x 10.7x -
EV / EBITDA - - - - - - - -
EV / EBIT - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1.66 1.66 1.46 1.1 0.385 0.04 0.04 0.04
Rate of return 10.6% 14.9% 14.2% 16.1% 17.7% 2.29% 2.29% 2.29%
EPS 2 2.17 1.66 2.22 -2.63 -1.44 -2.586 -1.162 0.0528
Distribution rate 76.5% 100% 65.8% -41.8% -26.7% -1.55% -3.44% 75.8%
Net sales 1 403.5 671.2 945.8 897 569.2 349.2 328.8 -
EBITDA - - - - - - - -
EBIT 189.9 - - - - - - -
Net income 1 150.2 186.3 331.5 -443.8 -236.9 -418.9 -120.8 8.717
Net Debt 1 - - - - 5,131 2,958 3,214 -
Reference price 2 15.630 11.140 10.250 6.820 2.180 1.750 1.750 1.750
Nbr of stocks (in thousands) 73,594 110,513 172,125 168,531 162,126 165,191 - -
Announcement Date 2/24/22 2/27/23 2/27/24 3/3/25 2/26/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.66x66.35x18.03x12.91% 17.19B
10.2x73.94x52.99x13.52% 12.63B
21.22x10.49x14.2x11.94% 5.95B
11.01x - - 9.92% 5.63B
11.17x - - 15.81% 3.19B
-91.61x49.99x - 12.82% 2.42B
9.25x - - 17.61% 2.31B
6.38x - - 11.58% 1.74B
7.12x - - 19.24% 1.31B
Average -0.85x 50.20x 28.40x 13.93% 5.82B
Weighted average by Cap. 5.81x 59.12x 29.73x 13.12%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. RC Stock
  4. RC.PRE Stock
  5. Valuation Ready Capital Corporation