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MITN vs TPVG
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
MITN vs TPVG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Mortgage | Asset Management |
| Market Cap | $802M | $243M |
| Revenue (TTM) | $400M | $97M |
| Net Income (TTM) | $34M | $-12M |
| Gross Margin | 93.7% | 83.5% |
| Operating Margin | 92.9% | 77.9% |
| Forward P/E | 23.2x | 6.5x |
| Total Debt | $8.10B | $469M |
| Cash & Equiv. | $76M | $20M |
MITN vs TPVG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Feb 24 | May 26 | Return |
|---|---|---|---|
| TPG Mortgage Invest… (MITN) | 100 | 101.1 | +1.1% |
| TriplePoint Venture… (TPVG) | 100 | 55.6 | -44.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MITN vs TPVG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MITN is the clearest fit if your priority is income & stability and sleep-well-at-night.
- Dividend streak 0 yrs, beta 0.53, yield 3.1%
- Lower volatility, beta 0.53, current ratio 0.09x
- Beta 0.53, yield 3.1%, current ratio 0.09x
TPVG carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 36.6%, EPS growth 48.8%
- 93.3% 10Y total return vs MITN's 22.3%
- 36.6% NII/revenue growth vs MITN's 14.4%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 36.6% NII/revenue growth vs MITN's 14.4% | |
| Value | Lower P/E (6.5x vs 23.2x) | |
| Quality / Margins | 50.6% margin vs MITN's 8.4% | |
| Stability / Safety | Beta 0.53 vs TPVG's 0.83 | |
| Dividends | 17.1% yield, vs MITN's 3.1% | |
| Momentum (1Y) | +19.3% vs MITN's +10.3% | |
| Efficiency (ROA) | 0.4% ROA vs TPVG's -1.5%, ROIC 4.4% vs 7.2% |
MITN vs TPVG — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
MITN leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
MITN is the larger business by revenue, generating $400M annually — 4.1x TPVG's $97M. TPVG is the more profitable business, keeping 50.6% of every revenue dollar as net income compared to MITN's 8.4%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $400M | $97M |
| EBITDAEarnings before interest/tax | $373M | -$22M |
| Net IncomeAfter-tax profit | $34M | -$12M |
| Free Cash FlowCash after capex | $68M | $35M |
| Gross MarginGross profit ÷ Revenue | +93.7% | +83.5% |
| Operating MarginEBIT ÷ Revenue | +92.9% | +77.9% |
| Net MarginNet income ÷ Revenue | +8.4% | +50.6% |
| FCF MarginFCF ÷ Revenue | +17.0% | -58.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +18.4% | — |
| EPS Growth (YoY)Latest quarter vs prior year | -2.3% | -2.3% |
Valuation Metrics
TPVG leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
At 4.9x trailing earnings, TPVG trades at a 83% valuation discount to MITN's 28.7x P/E. On an enterprise value basis, TPVG's 9.1x EV/EBITDA is more attractive than MITN's 18.6x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $802M | $243M |
| Enterprise ValueMkt cap + debt − cash | $8.8B | $691M |
| Trailing P/EPrice ÷ TTM EPS | 28.73x | 4.91x |
| Forward P/EPrice ÷ next-FY EPS est. | 23.22x | 6.50x |
| PEG RatioP/E ÷ EPS growth rate | — | 4.84x |
| EV / EBITDAEnterprise value multiple | 18.64x | 9.13x |
| Price / SalesMarket cap ÷ Revenue | 1.70x | 2.50x |
| Price / BookPrice ÷ Book value/share | 1.40x | 0.68x |
| Price / FCFMarket cap ÷ FCF | 12.58x | — |
Profitability & Efficiency
TPVG leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
MITN delivers a 6.1% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $-3 for TPVG. TPVG carries lower financial leverage with a 1.33x debt-to-equity ratio, signaling a more conservative balance sheet compared to MITN's 14.45x. On the Piotroski fundamental quality scale (0–9), TPVG scores 5/9 vs MITN's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +6.1% | -3.4% |
| ROA (TTM)Return on assets | +0.4% | -1.5% |
| ROICReturn on invested capital | +4.4% | +7.2% |
| ROCEReturn on capital employed | +6.4% | +9.4% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 |
| Debt / EquityFinancial leverage | 14.45x | 1.33x |
| Net DebtTotal debt minus cash | $8.0B | $449M |
| Cash & Equiv.Liquid assets | $76M | $20M |
| Total DebtShort + long-term debt | $8.1B | $469M |
| Interest CoverageEBIT ÷ Interest expense | 1.12x | -1.02x |
Total Returns (Dividends Reinvested)
MITN leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MITN five years ago would be worth $12,226 today (with dividends reinvested), compared to $8,649 for TPVG. Over the past 12 months, TPVG leads with a +19.3% total return vs MITN's +10.3%. The 3-year compound annual growth rate (CAGR) favors MITN at 6.9% vs TPVG's -1.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +4.1% | -6.3% |
| 1-Year ReturnPast 12 months | +10.3% | +19.3% |
| 3-Year ReturnCumulative with dividends | +22.3% | -3.4% |
| 5-Year ReturnCumulative with dividends | +22.3% | -13.5% |
| 10-Year ReturnCumulative with dividends | +22.3% | +93.3% |
| CAGR (3Y)Annualised 3-year return | +6.9% | -1.2% |
Risk & Volatility
MITN leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
MITN is the less volatile stock with a 0.53 beta — it tends to amplify market swings less than TPVG's 0.83 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MITN currently trades 96.3% from its 52-week high vs TPVG's 79.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.53x | 0.83x |
| 52-Week HighHighest price in past year | $26.25 | $7.53 |
| 52-Week LowLowest price in past year | $8.95 | $4.48 |
| % of 52W HighCurrent price vs 52-week peak | +96.3% | +79.5% |
| RSI (14)Momentum oscillator 0–100 | 58.1 | 58.3 |
| Avg Volume (50D)Average daily shares traded | 9K | 504K |
Analyst Outlook
TPVG leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
For income investors, TPVG offers the higher dividend yield at 17.11% vs MITN's 3.12%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold |
| Price TargetConsensus 12-month target | — | $8.95 |
| # AnalystsCovering analysts | — | 12 |
| Dividend YieldAnnual dividend ÷ price | +3.1% | +17.1% |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | $0.79 | $1.02 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
MITN leads in 3 of 6 categories (Income & Cash Flow, Total Returns). TPVG leads in 3 (Valuation Metrics, Profitability & Efficiency).
MITN vs TPVG: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is MITN or TPVG a better buy right now?
For growth investors, TriplePoint Venture Growth BDC Corp.
(TPVG) is the stronger pick with 36. 6% revenue growth year-over-year, versus 14. 4% for TPG Mortgage Investment Trust Inc 9. 500% Senior Notes due 2029 (MITN). TriplePoint Venture Growth BDC Corp. (TPVG) offers the better valuation at 4. 9x trailing P/E (6. 5x forward), making it the more compelling value choice. Analysts rate TriplePoint Venture Growth BDC Corp. (TPVG) a "Hold" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — MITN or TPVG?
On trailing P/E, TriplePoint Venture Growth BDC Corp.
(TPVG) is the cheapest at 4. 9x versus TPG Mortgage Investment Trust Inc 9. 500% Senior Notes due 2029 at 28. 7x. On forward P/E, TriplePoint Venture Growth BDC Corp. is actually cheaper at 6. 5x.
03Which is the better long-term investment — MITN or TPVG?
Over the past 5 years, TPG Mortgage Investment Trust Inc 9.
500% Senior Notes due 2029 (MITN) delivered a total return of +22. 3%, compared to -13. 5% for TriplePoint Venture Growth BDC Corp. (TPVG). Over 10 years, the gap is even starker: TPVG returned +93. 3% versus MITN's +22. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MITN or TPVG?
By beta (market sensitivity over 5 years), TPG Mortgage Investment Trust Inc 9.
500% Senior Notes due 2029 (MITN) is the lower-risk stock at 0. 53β versus TriplePoint Venture Growth BDC Corp. 's 0. 83β — meaning TPVG is approximately 58% more volatile than MITN relative to the S&P 500. On balance sheet safety, TriplePoint Venture Growth BDC Corp. (TPVG) carries a lower debt/equity ratio of 133% versus 14% for TPG Mortgage Investment Trust Inc 9. 500% Senior Notes due 2029 — giving it more financial flexibility in a downturn.
05Which is growing faster — MITN or TPVG?
By revenue growth (latest reported year), TriplePoint Venture Growth BDC Corp.
(TPVG) is pulling ahead at 36. 6% versus 14. 4% for TPG Mortgage Investment Trust Inc 9. 500% Senior Notes due 2029 (MITN). On earnings-per-share growth, the picture is similar: TriplePoint Venture Growth BDC Corp. grew EPS 48. 8% year-over-year, compared to -28. 5% for TPG Mortgage Investment Trust Inc 9. 500% Senior Notes due 2029. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — MITN or TPVG?
TriplePoint Venture Growth BDC Corp.
(TPVG) is the more profitable company, earning 50. 6% net margin versus 10. 3% for TPG Mortgage Investment Trust Inc 9. 500% Senior Notes due 2029 — meaning it keeps 50. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MITN leads at 95. 3% versus 77. 9% for TPVG. At the gross margin level — before operating expenses — MITN leads at 92. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is MITN or TPVG more undervalued right now?
On forward earnings alone, TriplePoint Venture Growth BDC Corp.
(TPVG) trades at 6. 5x forward P/E versus 23. 2x for TPG Mortgage Investment Trust Inc 9. 500% Senior Notes due 2029 — 16. 7x cheaper on a one-year earnings basis.
08Which pays a better dividend — MITN or TPVG?
All stocks in this comparison pay dividends.
TriplePoint Venture Growth BDC Corp. (TPVG) offers the highest yield at 17. 1%, versus 3. 1% for TPG Mortgage Investment Trust Inc 9. 500% Senior Notes due 2029 (MITN).
09Is MITN or TPVG better for a retirement portfolio?
For long-horizon retirement investors, TPG Mortgage Investment Trust Inc 9.
500% Senior Notes due 2029 (MITN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 53), 3. 1% yield). Both have compounded well over 10 years (MITN: +22. 3%, TPVG: +93. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between MITN and TPVG?
These companies operate in different sectors (MITN (Real Estate) and TPVG (Financial Services)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: MITN is a small-cap income-oriented stock; TPVG is a small-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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