SPMC
Sound Point Meridian Capital Inc
Asset Management
Market Cap$220M
5Y Perf.-45.8%
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Stock Comparison
SPMC vs BX
Revenue, margins, valuation, and 5-year total return — side by side.
BX
Blackstone Inc.
Asset Management
Market Cap$97.70B
5Y Perf.+0.7%
SPMC vs BX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | SPMC | BX |
|---|---|---|
| Industry | Asset Management | Asset Management |
| Market Cap | $220M | $97.70B |
| Revenue (TTM) | $65M | $13.83B |
| Net Income (TTM) | $6M | $3.02B |
| Gross Margin | 99.8% | 86.0% |
| Operating Margin | 98.6% | 51.9% |
| Forward P/E | 5.7x | 20.9x |
| Total Debt | $0.00 | $13.31B |
| Cash & Equiv. | $5K | $2.63B |
SPMC vs BX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
SPMC
BX
| Stock | Jun 24 | May 26 | Return |
|---|---|---|---|
| Sound Point Meridia… (SPMC) | 100 | 54.2 | -45.8% |
| Blackstone Inc. (BX) | 100 | 100.7 | +0.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: SPMC vs BX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: SPMC leads in 4 of 6 categories, making it the strongest pick for valuation and capital efficiency and profitability and margin quality. Blackstone Inc. is the stronger pick specifically for dividend income and shareholder returns and recent price momentum and sentiment. As sector peers, any of these can serve as alternatives in the same allocation.
SPMC
Sound Point Meridian Capital Inc
The Banking Pick
SPMC carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 1 yrs, beta 0.32, yield 0.0%
- Lower volatility, beta 0.32, current ratio 0.56x
- Lower P/E (5.7x vs 20.9x)
Best for: income & stability and sleep-well-at-night
BX
Blackstone Inc.
The Banking Pick
BX is the clearest fit if your priority is long-term compounding and defensive.
- 487.1% 10Y total return vs SPMC's -19.3%
- Beta 1.53, yield 6.2%, current ratio 0.91x
- 6.2% yield; 2-year raise streak; the other pay no meaningful dividend
Best for: long-term compounding and defensive
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Value | SPMC | Lower P/E (5.7x vs 20.9x) |
| Quality / Margins | SPMC | Efficiency ratio 0.0% vs BX's 0.3% (lower = leaner) |
| Stability / Safety | SPMC | Beta 0.32 vs BX's 1.53 |
| Dividends | BX | 6.2% yield; 2-year raise streak; the other pay no meaningful dividend |
| Momentum (1Y) | BX | -3.2% vs SPMC's -29.6% |
| Efficiency (ROA) | SPMC | Efficiency ratio 0.0% vs BX's 0.3% |
SPMC vs BX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
FY 2025
SPMC vs BX — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLSPMCLAGGINGBX
BXBlackstone Inc.
2leads
SPMCSound Point Meridian …
3leads
6 Total Categories
CATEGORYLEADERvs BXMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
SPMC3/4
Valuation MetricsMultiples, price ratios, and targets
SPMC4/5
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
SPMC4/7
Total Returns1Y, 3Y, 5Y total returns with dividends
BX5/6
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
BX2/2
Income & Cash Flow (Last 12 Months)
SPMC leads this category, winning 3 of 4 comparable metrics.
Income & Cash Flow (Last 12 Months)
BX is the larger business by revenue, generating $13.8B annually — 214.4x SPMC's $65M. SPMC is the more profitable business, keeping 98.6% of every revenue dollar as net income compared to BX's 21.8%.
| Metric | SPMCSound Point Merid… | BXBlackstone Inc. |
|---|---|---|
| RevenueTrailing 12 months | $65M | $13.8B |
| EBITDAEarnings before interest/tax | $21M | $7.2B |
| Net IncomeAfter-tax profit | $6M | $3.0B |
| Free Cash FlowCash after capex | -$20.7B | $3.5B |
| Gross MarginGross profit ÷ Revenue | +99.8% | +86.0% |
| Operating MarginEBIT ÷ Revenue | +98.6% | +51.9% |
| Net MarginNet income ÷ Revenue | +98.6% | +21.8% |
| FCF MarginFCF ÷ Revenue | -164.9% | +12.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | — | +41.3% |
SPMC leads this category, winning 3 of 4 comparable metrics.
Valuation Metrics
SPMC leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
At 0.0x trailing earnings, SPMC trades at a 100% valuation discount to BX's 32.1x P/E. On an enterprise value basis, SPMC's 3.5x EV/EBITDA is more attractive than BX's 15.0x.
| Metric | SPMCSound Point Merid… | BXBlackstone Inc. |
|---|---|---|
| Market CapShares × price | $220M | $97.7B |
| Enterprise ValueMkt cap + debt − cash | $220M | $108.4B |
| Trailing P/EPrice ÷ TTM EPS | 0.00x | 32.14x |
| Forward P/EPrice ÷ next-FY EPS est. | 5.69x | 20.89x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.54x |
| EV / EBITDAEnterprise value multiple | 3.46x | 15.02x |
| Price / SalesMarket cap ÷ Revenue | 3.41x | 7.07x |
| Price / BookPrice ÷ Book value/share | 749.55x | 4.45x |
| Price / FCFMarket cap ÷ FCF | — | 55.99x |
SPMC leads this category, winning 4 of 5 comparable metrics.
Profitability & Efficiency
SPMC leads this category, winning 4 of 7 comparable metrics.
Profitability & Efficiency
BX delivers a 14.3% return on equity — every $100 of shareholder capital generates $14 in annual profit, vs $2 for SPMC. On the Piotroski fundamental quality scale (0–9), BX scores 5/9 vs SPMC's 1/9, reflecting solid financial health.
| Metric | SPMCSound Point Merid… | BXBlackstone Inc. |
|---|---|---|
| ROE (TTM)Return on equity | +1.8% | +14.3% |
| ROA (TTM)Return on assets | +1.2% | +6.5% |
| ROICReturn on invested capital | — | +16.1% |
| ROCEReturn on capital employed | +216.2% | +16.9% |
| Piotroski ScoreFundamental quality 0–9 | 1 | 5 |
| Debt / EquityFinancial leverage | — | 0.61x |
| Net DebtTotal debt minus cash | -$4,992 | $10.7B |
| Cash & Equiv.Liquid assets | $4,992 | $2.6B |
| Total DebtShort + long-term debt | $0 | $13.3B |
| Interest CoverageEBIT ÷ Interest expense | 553.95x | 14.12x |
SPMC leads this category, winning 4 of 7 comparable metrics.
Total Returns (Dividends Reinvested)
BX leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BX five years ago would be worth $16,476 today (with dividends reinvested), compared to $8,075 for SPMC. Over the past 12 months, BX leads with a -3.2% total return vs SPMC's -29.6%. The 3-year compound annual growth rate (CAGR) favors BX at 19.1% vs SPMC's -6.9% — a key indicator of consistent wealth creation.
| Metric | SPMCSound Point Merid… | BXBlackstone Inc. |
|---|---|---|
| YTD ReturnYear-to-date | -13.8% | -19.8% |
| 1-Year ReturnPast 12 months | -29.6% | -3.2% |
| 3-Year ReturnCumulative with dividends | -19.3% | +68.9% |
| 5-Year ReturnCumulative with dividends | -19.3% | +64.8% |
| 10-Year ReturnCumulative with dividends | -19.3% | +487.1% |
| CAGR (3Y)Annualised 3-year return | -6.9% | +19.1% |
BX leads this category, winning 5 of 6 comparable metrics.
Risk & Volatility
Evenly matched — SPMC and BX each lead in 1 of 2 comparable metrics.
Risk & Volatility
SPMC is the less volatile stock with a 0.32 beta — it tends to amplify market swings less than BX's 1.53 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BX currently trades 65.6% from its 52-week high vs SPMC's 53.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | SPMCSound Point Merid… | BXBlackstone Inc. |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.32x | 1.53x |
| 52-Week HighHighest price in past year | $20.20 | $190.09 |
| 52-Week LowLowest price in past year | $8.36 | $101.73 |
| % of 52W HighCurrent price vs 52-week peak | +53.8% | +65.6% |
| RSI (14)Momentum oscillator 0–100 | 67.5 | 51.8 |
| Avg Volume (50D)Average daily shares traded | 41K | 7.2M |
Evenly matched — SPMC and BX each lead in 1 of 2 comparable metrics.
Analyst Outlook
BX leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates SPMC as "Buy" and BX as "Buy". Consensus price targets imply 31.8% upside for SPMC (target: $14) vs 25.3% for BX (target: $156). BX is the only dividend payer here at 6.18% yield — a key consideration for income-focused portfolios.
| Metric | SPMCSound Point Merid… | BXBlackstone Inc. |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $14.33 | $156.29 |
| # AnalystsCovering analysts | 2 | 29 |
| Dividend YieldAnnual dividend ÷ price | 0.0% | +6.2% |
| Dividend StreakConsecutive years of raises | 1 | 2 |
| Dividend / ShareAnnual DPS | $0.00 | $7.70 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.0% | +0.3% |
BX leads this category, winning 2 of 2 comparable metrics.
Key Takeaway
SPMC leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). BX leads in 2 (Total Returns, Analyst Outlook). 1 tied.
Best OverallSound Point Meridian Capita… (SPMC)Leads 3 of 6 categories
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SPMC vs BX: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is SPMC or BX a better buy right now?
Sound Point Meridian Capital Inc (SPMC) offers the better valuation at 0.
0x trailing P/E (5. 7x forward), making it the more compelling value choice. Analysts rate Sound Point Meridian Capital Inc (SPMC) a "Buy" — based on 2 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 — SPMC or BX?
On trailing P/E, Sound Point Meridian Capital Inc (SPMC) is the cheapest at 0.
0x versus Blackstone Inc. at 32. 1x. On forward P/E, Sound Point Meridian Capital Inc is actually cheaper at 5. 7x.
03Which is the better long-term investment — SPMC or BX?
Over the past 5 years, Blackstone Inc.
(BX) delivered a total return of +64. 8%, compared to -19. 3% for Sound Point Meridian Capital Inc (SPMC). Over 10 years, the gap is even starker: BX returned +487. 1% versus SPMC's -19. 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 — SPMC or BX?
By beta (market sensitivity over 5 years), Sound Point Meridian Capital Inc (SPMC) is the lower-risk stock at 0.
32β versus Blackstone Inc. 's 1. 53β — meaning BX is approximately 378% more volatile than SPMC relative to the S&P 500.
05Which has better profit margins — SPMC or BX?
Sound Point Meridian Capital Inc (SPMC) is the more profitable company, earning 98.
6% net margin versus 21. 8% for Blackstone Inc. — meaning it keeps 98. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SPMC leads at 98. 6% versus 51. 9% for BX. At the gross margin level — before operating expenses — SPMC leads at 99. 8%, 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.
06Is SPMC or BX more undervalued right now?
On forward earnings alone, Sound Point Meridian Capital Inc (SPMC) trades at 5.
7x forward P/E versus 20. 9x for Blackstone Inc. — 15. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SPMC: 31. 8% to $14. 33.
07Which pays a better dividend — SPMC or BX?
In this comparison, BX (6.
2% yield) pays a dividend. SPMC does not pay a meaningful dividend and should not be held primarily for income.
08Is SPMC or BX better for a retirement portfolio?
For long-horizon retirement investors, Sound Point Meridian Capital Inc (SPMC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
32)). Blackstone Inc. (BX) carries a higher beta of 1. 53 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (SPMC: -19. 3%, BX: +487. 1%), 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.
09What are the main differences between SPMC and BX?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: SPMC is a small-cap deep-value stock; BX is a mid-cap high-growth stock. BX pays a dividend while SPMC does not, making them suitable for different income and tax situations. 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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Net Margin>
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(SPMC: 98.6% · BX: 21.8%)P/E Ratio<
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