Sachem Capital Corp. 6.00% Notes Due 2026 (SCCD) 10-Year Financial Performance & Capital Metrics

SCCD • • REIT / Real Estate

Real EstateIndustrial REITsIndustrial Finance REITsCommercial Mortgage REITs

AboutSachem Capital Corp. is a real estate finance company, which engages in the provision of real estate investment trust services. The firm specializes in originating, underwriting, funding, servicing, and managing services for a portfolio of short-term loans. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or development of residential and commercial properties. The company was founded by Jeffrey C. Villano and John L. Villano in January 2016 and is headquartered in Branford, CT.Show more

Revenue -$2.11B -107.0%
FFO -$39.57B -313.0%
FFO/Share -834.55 -298.7%
FFO Payout -0.04% -100.0%
FFO per Share -834.55 -298.7%
NOI Margin 100%
FFO Margin 1878.85% +2930.6%
ROE -34.37% -584.0%
ROA -12.74% -575.3%
Debt/Assets 41642.68% +102610.6%
Net Debt/EBITDA -
Book Value/Share 3.83 -99.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading near 52-week high

✗Weaknesses

✗High debt to equity ratio of 1127.8x
✗Weak Piotroski F-Score: 2/9
✗FFO declining 1286.8% TTM

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM5.27%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-636.12%

EPS CAGR

10Y-

5Y-

3Y-

TTM191.38%

ROCE

10Y Avg2.79%

5Y Avg2.27%

3Y Avg0.44%

Latest-5.72%

Peer Comparison

Commercial Mortgage REITs

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
RCCReady Capital Corporation 5.75%	4.04B	24.83	-9.44	-92.98%	-15.93%	-16.58%		3.12
SCCESachem Capital Corp. 6.00% Note	1.1B	23.40	-25.16	-107.03%	-292.13%	-19.05%	1.17%	1127.83
SCCFSachem Capital Corp. 7.125% Not	1.12B	23.48	-25.25	91.85%	-328.53%	-18.42%	1.14%	1.66
SCCDSachem Capital Corp. 6.00% Notes Due 2026	1.14B	24.25	-26.08	-107.03%	-292.13%	-19.05%	1.13%	1127.83

Profit & Loss

	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	10.18B	13.06B	20B	30.62B	29.97B	-2.11B
Revenue Growth %	-	0.28%	0.53%	0.53%	-0.02%	-1.07%
Property Operating Expenses	0	0	0	0	0	0
Net Operating Income (NOI)+	-	-	-	-	-	-
NOI Margin %	-	-	-	-	-	-
Operating Expenses+	2.56B	2.99B	5.37B	8.41B	14.93B	15.67B
G&A Expenses	2.56B	2.99B	5.37B	8.41B	11.89B	13.66B
EBITDA+	7.63B	10.06B	14.64B	22.21B	15.04B	-17.78B
EBITDA Margin %	-	-	-	-	-	-
Depreciation & Amortization+	0	0	0	0	0	0
D&A / Revenue %	-	-	-	-	-	-
Operating Income+	7.63B	10.06B	14.64B	22.21B	15.04B	-17.78B
Operating Margin %	-	-	-	-	-	-
Interest Expense+	0	0	0	0	0	0
Interest Coverage	-	-	-	-	-	-
Non-Operating Income	7.63B	10.06B	14.64B	22.21B	15.04B	-17.78B
Pretax Income+	6.2B	8.99B	13.32B	20.91B	15.9B	-39.57B
Pretax Margin %	-	-	-	-	-	-
Income Tax+	0	0	0	0	0	0
Effective Tax Rate %	-	-	-	-	-	-
Net Income+	6.2B	8.99B	13.32B	20.91B	15.9B	-39.57B
Net Margin %	-	-	-	-	-	-
Net Income Growth %	-	0.45%	0.48%	0.57%	-0.24%	-3.49%
Funds From Operations (FFO)+	-	-	-	-	-	-
FFO Margin %	-	-	-	-	-	-
FFO Growth %	-	0.38%	0.52%	0.57%	-0.2%	-3.13%
FFO per Share+	-	-	-	-	-	-
FFO Payout Ratio %	-	-	-	-	-	-
EPS (Diluted)+	0.32	0.41	0.51	0.55	0.27	-0.93
EPS Growth %	-	0.28%	0.24%	0.08%	-0.51%	-4.44%
EPS (Basic)	0.32	0.41	0.44	0.46	0.21	-0.93
Diluted Shares Outstanding	19.42M	22.12M	26.32M	37.75M	44.24M	47.41M

Balance Sheet

	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	141.21B	226.67B	417.96B	565.66B	620.89B	491.98M
Asset Growth %	-	0.61%	0.84%	0.35%	0.1%	-1%
Real Estate & Other Assets+	120.46B	204.44B	373.06B	536.5B	0	0
PP&E (Net)	1.91M	2.83M	2.96M	4.92M	3.37M	3.22M
Investment Securities	0	0	0	0	0	0
Total Current Assets+	18.84M	19.41M	41.94M	23.71M	550.56M	23.35M
Cash & Equivalents	18.84M	19.41M	41.94M	23.71M	12.6M	18.07M
Receivables	0	0	0	0	1000K	1000K
Other Current Assets	0	0	0	0	0	0
Intangible Assets	0	0	0	130.4M	664.74M	665K
Total Liabilities	58.65M	145.75M	237.88M	347.95M	395.46M	310.32B
Total Debt+	56.34B	110.72B	180.4B	323.34B	251.73B	204.87B
Net Debt	37.49B	91.31B	138.46B	299.63B	239.13B	186.81B
Long-Term Debt	56.34B	110.72B	180.4B	323.34B	251.73M	204.87B
Short-Term Borrowings	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0
Total Current Liabilities+	-3.42M	-3.34M	-164.73M	-323.42M	4.65M	0
Accounts Payable	0	0	0	0	0	0
Deferred Revenue	0	0	0	0	4.65M	0
Other Liabilities	2.32B	35.03B	57.48B	24.62B	139.08M	105.45B
Total Equity+	82.56B	80.92B	180.08B	217.71B	230.07B	181.65M
Equity Growth %	-	-0.02%	1.23%	0.21%	0.06%	-1%
Shareholders Equity	82.56B	80.92B	180.08B	217.71B	230.07B	181.65M
Minority Interest	0	0	0	0	0	0
Common Stock	22.12M	22.13M	32.73M	41.09M	46.77K	47K
Additional Paid-in Capital	83.86B	83.81B	185.52B	226.22B	249.83B	256.96M
Retained Earnings	-1.27B	-2.89B	-4.99B	-8B	-20.12M	35.52M
Preferred Stock	0	0	1.9M	1.9M	2.03M	2K
Return on Assets (ROA)	0.04%	0.05%	0.04%	0.04%	0.03%	-0.13%
Return on Equity (ROE)	0.08%	0.11%	0.1%	0.11%	0.07%	-0.34%
Debt / Assets	0.4%	0.49%	0.43%	0.57%	0.41%	416.43%
Debt / Equity	0.68x	1.37x	1.00x	1.49x	1.09x	1127.83x
Net Debt / EBITDA	4.92x	9.07x	9.46x	13.49x	15.90x	-
Book Value per Share	4252.37	3658.45	6840.75	5767.21	5200.02	3.83

Cash Flow

	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	8.12B	9.63B	27.81B	13.15B	21.86B	12.89M
Operating CF Growth %	-	0.19%	1.89%	-0.53%	0.66%	-1%
Operating CF / Revenue %	-	-	-	-	-	-
Net Income	6.2B	8.99B	13.32B	20.91B	15.9B	-39.57M
Depreciation & Amortization	786.15M	663.82M	1.37B	2.21B	2.68B	2.46M
Stock-Based Compensation	43.15M	16.43M	191.32M	495.01M	822.23M	863K
Other Non-Cash Items	371.61M	914.58M	3.43B	3.94B	7.57B	3.28B
Working Capital Changes	719.04M	-960.88M	9.49B	-14.41B	-5.12B	-3.23B
Cash from Investing+	-37.82B	-82.82B	-166B	-159.54B	-72.49B	79.91M
Acquisitions (Net)	0	0	0	0	0	0
Purchase of Investments	0	0	0	0	-42.65B	-7.77M
Sale of Investments	0	0	0	0	1000K	1000K
Other Investing	-37.58B	-82.67B	-165.17B	-157.96B	-47.96B	43.87M
Cash from Financing+	48.38B	73.76B	160.72B	128.16B	39.52B	-87.33M
Dividends Paid	-9.68B	-7.96B	-14.12B	-22.5B	-25.73B	-16.51M
Common Dividends	-9.68B	-7.96B	-14.12B	-22.5B	-25.73B	-16.51M
Debt Issuance (Net)	1000K	1000K	1000K	1000K	-1000K	-1000K
Share Repurchases	0	0	0	0	-226.33M	-1.49B
Other Financing	-664.92M	25.42B	99.18B	5.11B	81.22B	52.41B
Net Change in Cash+	18.68B	566.09M	22.53B	-18.23B	-11.11B	5.47M
Exchange Rate Effect	0	0	0	0	0	0
Cash at Beginning	158.86M	18.84B	19.41B	41.94B	23.71B	12.6M
Cash at End	18.84B	19.41B	41.94B	23.71B	12.6B	18.07M
Free Cash Flow+	7.87B	9.48B	26.98B	11.57B	22.37B	12.81M
FCF Growth %	-	0.2%	1.85%	-0.57%	0.93%	-1%
FCF / Revenue %	-	-	-	-	-	-

Key Ratios

Metric	2019	2020	2021	2022	2023	2024
FFO per Share	359.62	436.63	558.03	612.44	419.95	-834.55
FFO Payout Ratio	138.67%	82.45%	96.13%	97.31%	138.47%	-0.04%
NOI Margin	100%	100%	100%	100%	100%	100%
Net Debt / EBITDA	4.92x	9.07x	9.46x	13.49x	15.90x	-
Debt / Assets	39.89%	48.85%	43.16%	57.16%	40.54%	41642.68%
Book Value / Share	4.25K	3.66K	6.84K	5.77K	5.2K	3.83
Revenue Growth	-	28.22%	53.21%	53.09%	-2.12%	-107.03%

Frequently Asked Questions

Growth & Financials

Sachem Capital Corp. 6.00% Notes Due 2026 (SCCD) reported $11.5M in revenue for fiscal year 2024. This represents a 100% decrease from $10.18B in 2019.

Sachem Capital Corp. 6.00% Notes Due 2026 (SCCD) saw revenue decline by 107.0% over the past year.

Sachem Capital Corp. 6.00% Notes Due 2026 (SCCD) reported a net loss of $33.5M for fiscal year 2024.

Dividend & Returns

Yes, Sachem Capital Corp. 6.00% Notes Due 2026 (SCCD) pays a dividend with a yield of 1.44%. This makes it attractive for income-focused investors.

Sachem Capital Corp. 6.00% Notes Due 2026 (SCCD) has a return on equity (ROE) of -34.4%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Sachem Capital Corp. 6.00% Notes Due 2026 (SCCD) generated Funds From Operations (FFO) of $-30.6M in the trailing twelve months. FFO is the primary profitability metric for REITs.

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