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SCCGSachem Capital Corp. 8.00% Note
$24.60$1.2B
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  4. Financial Ratios

Sachem Capital Corp. 8.00% Note (SCCG) Financial Ratios

Latest Ratios: P/E Ratio 629.2x · EV/EBITDA 184.3x · ROE 3.5%. (2015–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

SCCG Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$1.2B$1.1B$944M$993M$784M——————
Enterprise Value$1.2B$1.1B$1.2B$1.4B$761M——————
P/E Ratio →629.16598.98—83.1545.15——————
P/S Ratio24.4022.8526.5715.3414.19——————
P/B Ratio6.606.285.204.320.96——————
P/FCF——73.6799.40113.24——————
P/OCF440.72412.6473.2345.4690.84——————

P/E links to full P/E history page with 30-year chart

SCCG EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—22.6234.5420.8913.77——————
EV / EBITDA184.25172.40—29.2517.52——————
EV / EBIT184.25172.40—29.9917.92——————
EV / FCF——95.77135.33109.89——————

SCCG Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin40.4%40.4%97.9%99.2%99.6%99.5%99.3%99.0%99.4%99.2%100.0%
Operating Margin13.1%13.1%-33.0%71.0%78.4%80.9%82.4%78.3%66.7%69.5%75.9%
Net Profit Margin13.1%13.1%-111.4%24.6%37.9%43.8%48.3%48.9%66.8%69.5%73.8%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE3.5%3.5%-19.2%3.0%4.2%10.2%11.0%6.3%8.2%8.0%8.8%
ROA1.3%1.3%-7.1%4.7%9.0%4.1%4.9%8.8%74653.3%115.3%15.6%
ROIC1.5%1.5%-1.7%5.0%5.7%6.7%7.2%6.4%6.2%6.1%6.5%
ROCE1.3%1.3%-2.1%31.1%86.7%10.0%8.3%14.1%——241.1%

SCCG Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity——1.661.620.001.191.710.68———
Debt / EBITDA———8.040.018.649.025.64———
Net Debt / Equity—-0.061.561.56-0.030.951.480.45-0.00-0.01-0.03
Net Debt / EBITDA-1.73-1.73—7.77-0.546.957.763.75-0.02-0.22-0.44
Debt / FCF——22.1035.93-3.367.2515.575.69-0.04-0.25-0.65
Interest Coverage——-0.421.541.972.282.623.115.678.326.84

Net cash position: cash ($11M) exceeds total debt ($0)

SCCG Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio———6238.410.19———2.765.774.07
Quick Ratio———6238.380.17———2.765.774.07
Cash Ratio———1.060.271.43——0.000.050.09
Asset Turnover—0.100.070.101.200.070.080.091093.33687.590.49
Inventory Turnover———0.200.05——————
Days Sales Outstanding———————————

SCCG Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield0.8%0.9%1.7%2.6%2.9%——————
Payout Ratio150.6%150.6%——————87.3%119.3%127.2%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield0.2%0.2%—1.2%2.2%——————
FCF Yield——1.4%1.0%0.9%——————
Buyback Yield0.0%0.0%0.2%0.0%0.0%——————
Total Shareholder Yield0.8%0.9%1.9%2.6%2.9%——————
Shares Outstanding—$47M$47M$44M$38M$26M$22M$19M$15M$12M$11M

Key Metrics

Growth RegimeContracting
ProfitabilityStrained
Balance SheetVulnerable
Cash FlowDeteriorating
Top Statement Risk

High Portfolio Credit Volatility

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Valuation Multiples Reflect Heightened Uncertainty

According to recent market data, SCCG trades at a P/B of 6.60, which appears disconnected from the underlying asset quality given the significant volatility in FFO per share, which swung from a positive $0.10 in 2024Q1 to a negative $0.08 by 2026Q1 as reported in financial filings.

The lack of a stable P/FFO multiple, combined with the extreme P/E of 629.16, suggests that the market is struggling to price the company's core earnings power amidst recurring credit provisions. Investors should monitor whether the current valuation reflects a distressed asset play or a fundamental mispricing of the company's ability to recycle capital effectively.

NOI Margin Volatility Indicates Operational Stress

Based on quarterly financial statements, the NOI margin experienced a dramatic collapse to -101.6% in 2025Q4, a sharp departure from the historical stability observed in earlier periods where margins consistently hovered near 98%, signaling significant property-level disruptions and potential credit-related losses within the loan portfolio.

The extreme variance in NOI margins suggests that the company's profitability is highly sensitive to non-performing loans and the costs associated with managing foreclosed assets. This instability implies that FFO growth is currently hindered by credit-related headwinds rather than organic expansion of the lending book.

Dividend Sustainability Remains Highly Precarious

As reported in quarterly financial filings, SCCG's FFO payout ratio has frequently exceeded 100%, with a peak of 162.8% in 2025Q4, suggesting that the current distribution policy is not supported by recurring cash earnings and may rely on capital recycling or external financing to maintain payments.

The inability to consistently cover the dividend with AFFO indicates that the payout is currently disconnected from the company's operational cash generation. Investors should be wary of the sustainability of these distributions, as the reliance on external capital to fund dividends may limit future growth capacity.

Misapplication of P/E in REITs

The most commonly misapplied metric for SCCG is the standard P/E ratio, which fails to account for the significant non-cash depreciation and credit loss provisions that distort net income, as evidenced by the $36.1M net loss reported in 2024Q4 despite different operational cash flow realities.

Using P/E obscures the true economic health of the mortgage REIT by ignoring the impact of CECL provisions and asset write-downs on the bottom line. Analysts should instead prioritize FFO and AFFO to better capture the recurring cash-generating capacity of the loan portfolio.

Download Financial Ratios Data

Includes 30+ ratios · 11 years · Updated daily

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SCCG — Frequently Asked Questions

Quick answers to the most common questions about buying SCCG stock.

What is Sachem Capital Corp. 8.00% Note's P/E ratio?

Sachem Capital Corp. 8.00% Note's current P/E ratio is 629.2x. The historical average is 64.2x. This places it at the 100th percentile of its historical range.

What is Sachem Capital Corp. 8.00% Note's EV/EBITDA?

Sachem Capital Corp. 8.00% Note's current EV/EBITDA is 184.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 23.4x.

What is Sachem Capital Corp. 8.00% Note's ROE?

Sachem Capital Corp. 8.00% Note's return on equity (ROE) is 3.5%. The historical average is 4.9%.

Is SCCG stock overvalued?

Based on historical data, Sachem Capital Corp. 8.00% Note is trading at a P/E of 629.2x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Sachem Capital Corp. 8.00% Note's dividend yield?

Sachem Capital Corp. 8.00% Note's current dividend yield is 0.82% with a payout ratio of 150.6%.

What are Sachem Capital Corp. 8.00% Note's profit margins?

Sachem Capital Corp. 8.00% Note has 40.4% gross margin and 13.1% operating margin. Operating margin between 10-20% is typical for established companies.