REIT - Mortgage
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MITT vs MFA
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Mortgage
MITT vs MFA — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Mortgage | REIT - Mortgage |
| Market Cap | $250M | $997M |
| Revenue (TTM) | $493M | $650M |
| Net Income (TTM) | $34M | $135M |
| Gross Margin | 94.2% | 59.3% |
| Operating Margin | 93.3% | 41.0% |
| Forward P/E | 7.2x | 7.1x |
| Total Debt | $8.10B | $10.99B |
| Cash & Equiv. | $76M | $213M |
MITT vs MFA — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| TPG Mortgage Invest… (MITT) | 100 | 106.9 | +6.9% |
| MFA Financial, Inc. (MFA) | 100 | 144.5 | +44.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MITT vs MFA
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MITT is the clearest fit if your priority is momentum.
- +36.1% vs MFA's +19.5%
MFA carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 1 yrs, beta 0.77, yield 18.3%
- Rev growth 213.0%, EPS growth 104.9%
- 9.0% 10Y total return vs MITT's -15.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 213.0% FFO/revenue growth vs MITT's 14.4% | |
| Value | Lower P/E (7.1x vs 7.2x) | |
| Quality / Margins | 20.7% margin vs MITT's 6.8% | |
| Stability / Safety | Beta 0.77 vs MITT's 0.90, lower leverage | |
| Dividends | 18.3% yield, 1-year raise streak, vs MITT's 10.0% | |
| Momentum (1Y) | +36.1% vs MFA's +19.5% | |
| Efficiency (ROA) | 1.1% ROA vs MITT's 0.4%, ROIC 4.4% vs 4.5% |
MITT vs MFA — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
MITT vs MFA — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
MFA leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MFA and MITT operate at a comparable scale, with $650M and $493M in trailing revenue. MFA is the more profitable business, keeping 20.7% of every revenue dollar as net income compared to MITT's 6.8%. On growth, MFA holds the edge at +118.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $493M | $650M |
| EBITDAEarnings before interest/tax | $457M | $268M |
| Net IncomeAfter-tax profit | $34M | $135M |
| Free Cash FlowCash after capex | $68M | $91M |
| Gross MarginGross profit ÷ Revenue | +94.2% | +59.3% |
| Operating MarginEBIT ÷ Revenue | +93.3% | +41.0% |
| Net MarginNet income ÷ Revenue | +6.8% | +20.7% |
| FCF MarginFCF ÷ Revenue | +13.8% | +14.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +20.9% | +118.9% |
| EPS Growth (YoY)Latest quarter vs prior year | -2.3% | -103.0% |
Valuation Metrics
Evenly matched — MITT and MFA each lead in 3 of 6 comparable metrics.
Valuation Metrics
At 5.8x trailing earnings, MFA trades at a 34% valuation discount to MITT's 8.8x P/E. On an enterprise value basis, MFA's 17.1x EV/EBITDA is more attractive than MITT's 18.3x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $250M | $997M |
| Enterprise ValueMkt cap + debt − cash | $8.3B | $11.8B |
| Trailing P/EPrice ÷ TTM EPS | 8.77x | 5.82x |
| Forward P/EPrice ÷ next-FY EPS est. | 7.25x | 7.12x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 18.25x | 17.07x |
| Price / SalesMarket cap ÷ Revenue | 0.53x | 1.14x |
| Price / BookPrice ÷ Book value/share | 0.44x | 0.56x |
| Price / FCFMarket cap ÷ FCF | 4.20x | 13.08x |
Profitability & Efficiency
MFA leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
MFA delivers a 7.4% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $6 for MITT. MFA carries lower financial leverage with a 6.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to MITT's 14.45x. On the Piotroski fundamental quality scale (0–9), MFA scores 5/9 vs MITT's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +6.1% | +7.4% |
| ROA (TTM)Return on assets | +0.4% | +1.1% |
| ROICReturn on invested capital | +4.5% | +4.4% |
| ROCEReturn on capital employed | +6.5% | +5.8% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 5 |
| Debt / EquityFinancial leverage | 14.45x | 6.01x |
| Net DebtTotal debt minus cash | $8.0B | $10.8B |
| Cash & Equiv.Liquid assets | $76M | $213M |
| Total DebtShort + long-term debt | $8.1B | $11.0B |
| Interest CoverageEBIT ÷ Interest expense | 1.12x | 1.34x |
Total Returns (Dividends Reinvested)
Evenly matched — MITT and MFA each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MFA five years ago would be worth $9,841 today (with dividends reinvested), compared to $9,459 for MITT. Over the past 12 months, MITT leads with a +36.1% total return vs MFA's +19.5%. The 3-year compound annual growth rate (CAGR) favors MITT at 23.6% vs MFA's 10.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -5.0% | +6.3% |
| 1-Year ReturnPast 12 months | +36.1% | +19.5% |
| 3-Year ReturnCumulative with dividends | +88.8% | +34.3% |
| 5-Year ReturnCumulative with dividends | -5.4% | -1.6% |
| 10-Year ReturnCumulative with dividends | -15.9% | +9.0% |
| CAGR (3Y)Annualised 3-year return | +23.6% | +10.3% |
Risk & Volatility
MFA leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
MFA is the less volatile stock with a 0.77 beta — it tends to amplify market swings less than MITT's 0.90 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MFA currently trades 92.4% from its 52-week high vs MITT's 85.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.90x | 0.77x |
| 52-Week HighHighest price in past year | $9.27 | $10.57 |
| 52-Week LowLowest price in past year | $6.33 | $8.78 |
| % of 52W HighCurrent price vs 52-week peak | +85.1% | +92.4% |
| RSI (14)Momentum oscillator 0–100 | 51.5 | 37.6 |
| Avg Volume (50D)Average daily shares traded | 280K | 1.4M |
Analyst Outlook
MFA leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates MITT as "Buy" and MFA as "Hold". Consensus price targets imply 22.1% upside for MITT (target: $10) vs 4.9% for MFA (target: $10). For income investors, MFA offers the higher dividend yield at 18.32% vs MITT's 9.98%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $9.63 | $10.25 |
| # AnalystsCovering analysts | 18 | 22 |
| Dividend YieldAnnual dividend ÷ price | +10.0% | +18.3% |
| Dividend StreakConsecutive years of raises | 1 | 1 |
| Dividend / ShareAnnual DPS | $0.79 | $1.79 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.5% |
MFA leads in 4 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 2 categories are tied.
MITT vs MFA: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is MITT or MFA a better buy right now?
For growth investors, MFA Financial, Inc.
(MFA) is the stronger pick with 213. 0% revenue growth year-over-year, versus 14. 4% for TPG Mortgage Investment Trust Inc (MITT). MFA Financial, Inc. (MFA) offers the better valuation at 5. 8x trailing P/E (7. 1x forward), making it the more compelling value choice. Analysts rate TPG Mortgage Investment Trust Inc (MITT) a "Buy" — based on 18 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 — MITT or MFA?
On trailing P/E, MFA Financial, Inc.
(MFA) is the cheapest at 5. 8x versus TPG Mortgage Investment Trust Inc at 8. 8x. On forward P/E, MFA Financial, Inc. is actually cheaper at 7. 1x.
03Which is the better long-term investment — MITT or MFA?
Over the past 5 years, MFA Financial, Inc.
(MFA) delivered a total return of -1. 6%, compared to -5. 4% for TPG Mortgage Investment Trust Inc (MITT). Over 10 years, the gap is even starker: MFA returned +9. 0% versus MITT's -15. 9%. 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 — MITT or MFA?
By beta (market sensitivity over 5 years), MFA Financial, Inc.
(MFA) is the lower-risk stock at 0. 77β versus TPG Mortgage Investment Trust Inc's 0. 90β — meaning MITT is approximately 16% more volatile than MFA relative to the S&P 500. On balance sheet safety, MFA Financial, Inc. (MFA) carries a lower debt/equity ratio of 6% versus 14% for TPG Mortgage Investment Trust Inc — giving it more financial flexibility in a downturn.
05Which is growing faster — MITT or MFA?
By revenue growth (latest reported year), MFA Financial, Inc.
(MFA) is pulling ahead at 213. 0% versus 14. 4% for TPG Mortgage Investment Trust Inc (MITT). On earnings-per-share growth, the picture is similar: MFA Financial, Inc. grew EPS 104. 9% year-over-year, compared to -26. 8% for TPG Mortgage Investment Trust Inc. 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 — MITT or MFA?
MFA Financial, Inc.
(MFA) is the more profitable company, earning 20. 2% net margin versus 10. 3% for TPG Mortgage Investment Trust Inc — meaning it keeps 20. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MITT leads at 96. 9% versus 78. 8% for MFA. At the gross margin level — before operating expenses — MFA leads at 96. 2%, 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 MITT or MFA more undervalued right now?
On forward earnings alone, MFA Financial, Inc.
(MFA) trades at 7. 1x forward P/E versus 7. 2x for TPG Mortgage Investment Trust Inc — 0. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for MITT: 22. 1% to $9. 63.
08Which pays a better dividend — MITT or MFA?
All stocks in this comparison pay dividends.
MFA Financial, Inc. (MFA) offers the highest yield at 18. 3%, versus 10. 0% for TPG Mortgage Investment Trust Inc (MITT).
09Is MITT or MFA better for a retirement portfolio?
For long-horizon retirement investors, MFA Financial, Inc.
(MFA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 77), 18. 3% yield). Both have compounded well over 10 years (MFA: +9. 0%, MITT: -15. 9%), 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 MITT and MFA?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: MITT is a small-cap deep-value stock; MFA 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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