Latest Ratios: P/E Ratio 627.3x · EV/EBITDA 51.0x · ROE 3.5%. (2015–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.2B | $1.1B | $944M | $993M | $784M | — | — | — | — | — | — |
| Enterprise Value | $1.4B | $1.4B | $1.2B | $1.3B | $1.0B | — | — | — | — | — | — |
| P/E Ratio → | 627.30 | 597.45 | — | 83.15 | 45.15 | — | — | — | — | — | — |
| P/S Ratio | 24.92 | 23.34 | 16.42 | 33.14 | 25.60 | — | — | — | — | — | — |
| P/B Ratio | 6.59 | 6.28 | 5.20 | 4.32 | 3.60 | — | — | — | — | — | — |
| P/FCF | 469.09 | 439.30 | 73.67 | 45.45 | 67.78 | — | — | — | — | — | — |
| P/OCF | 440.54 | 412.56 | 73.23 | 45.45 | 59.63 | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 29.01 | 20.77 | 44.26 | 34.12 | — | — | — | — | — | — |
| EV / EBITDA | 51.03 | 48.39 | — | 86.68 | 46.82 | — | — | — | — | — | — |
| EV / EBIT | 51.99 | 43.07 | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 546.06 | 93.20 | 60.70 | 90.32 | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 97.8% | 97.8% | 61.1% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 99.8% | 89.5% | 97.5% |
| Operating Margin | 58.8% | 58.8% | -20.4% | 50.2% | 72.5% | 73.2% | 77.1% | 74.9% | 78.1% | 76.8% | 86.2% |
| Net Profit Margin | 13.4% | 13.4% | -68.8% | 53.0% | 68.3% | 66.6% | 68.9% | 60.9% | 77.4% | 76.8% | 86.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.5% | 3.5% | -19.2% | 7.1% | 10.5% | 10.2% | 11.0% | 9.2% | 14.5% | 11.7% | 11.6% |
| ROA | 1.3% | 1.3% | -7.1% | 2.7% | 4.3% | 4.1% | 4.9% | 5.5% | 10.1% | 9.2% | 8.8% |
| ROIC | 4.8% | 4.8% | -1.8% | 2.2% | 4.1% | 4.1% | 4.7% | 5.7% | 8.2% | 7.4% | 7.2% |
| ROCE | 6.2% | 6.2% | -2.4% | 2.9% | 5.1% | 5.3% | 6.0% | 6.8% | 11.0% | 11.2% | 11.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.59 | 1.59 | 1.48 | 1.50 | 1.31 | 1.08 | 1.71 | 0.68 | 0.52 | 0.19 | 0.30 |
| Debt / EBITDA | 9.85 | 9.85 | — | 22.60 | 12.74 | 13.21 | 13.70 | 7.33 | 3.49 | 2.07 | 2.72 |
| Net Debt / Equity | — | 1.53 | 1.38 | 1.45 | 1.20 | 0.85 | 1.48 | 0.45 | 0.52 | 0.17 | 0.24 |
| Net Debt / EBITDA | 9.46 | 9.46 | — | 21.78 | 11.68 | 10.36 | 11.79 | 4.88 | 3.48 | 1.88 | 2.21 |
| Debt / FCF | — | 106.77 | 19.52 | 15.25 | 22.54 | 5.65 | 12.59 | 4.76 | 4.98 | 1.95 | 2.08 |
| Interest Coverage | 1.25 | 1.25 | -0.42 | 0.52 | 1.03 | 1.40 | 1.81 | 2.60 | -0.02 | -0.04 | 6.21 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.84 | 0.84 | 0.54 | 0.33 | 1.14 | 1.79 | 5.76 | 486.66 | 76.84 | 6.39 | 4.29 |
| Quick Ratio | 0.84 | 0.84 | 0.54 | 0.33 | 1.14 | 1.79 | 5.76 | 486.66 | 76.84 | 6.39 | 4.29 |
| Cash Ratio | 0.62 | 0.62 | 0.45 | 0.13 | 0.84 | 1.67 | 0.62 | 74.39 | 0.09 | 0.09 | 0.19 |
| Asset Turnover | — | 0.10 | 0.12 | 0.05 | 0.05 | 0.05 | 0.06 | 0.07 | 0.12 | 0.09 | 0.09 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.8% | 0.9% | 1.7% | 2.2% | 2.4% | — | — | — | — | — | — |
| Payout Ratio | 150.6% | 150.6% | — | 137.9% | 90.0% | 92.1% | 88.5% | 156.3% | 87.3% | 119.3% | 127.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.2% | 0.2% | — | 1.2% | 2.2% | — | — | — | — | — | — |
| FCF Yield | 0.2% | 0.2% | 1.4% | 2.2% | 1.5% | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.2% | 0.0% | 0.0% | — | — | — | — | — | — |
| Total Shareholder Yield | 0.8% | 0.9% | 1.9% | 2.2% | 2.4% | — | — | — | — | — | — |
| Shares Outstanding | — | $47M | $47M | $44M | $38M | $26M | $22M | $19M | $15M | $12M | $11M |
Includes 30+ ratios · 11 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SCCG stock.
Sachem Capital Corp. 8.00% Note's current P/E ratio is 627.3x. The historical average is 64.2x. This places it at the 100th percentile of its historical range.
Sachem Capital Corp. 8.00% Note's current EV/EBITDA is 51.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 60.6x.
Sachem Capital Corp. 8.00% Note's return on equity (ROE) is 3.5%. The historical average is 7.2%.
Based on historical data, Sachem Capital Corp. 8.00% Note is trading at a P/E of 627.3x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Sachem Capital Corp. 8.00% Note's current dividend yield is 0.82% with a payout ratio of 150.6%.
Sachem Capital Corp. 8.00% Note has 97.8% gross margin and 58.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Sachem Capital Corp. 8.00% Note's Debt/EBITDA ratio is 9.8x, indicating high leverage. A ratio above 4x may signal elevated financial risk.
Key Metrics
Top Statement Risk
Persistent negative FFO and capital erosion
Metrics are mathematically derived from official filings.
Valuation Disconnect from Deteriorating Fundamentals
Despite a P/E ratio of 628.32, the lack of meaningful P/FFO or P/AFFO data and the company's persistent negative FFO suggest the stock price is disconnected from its current cash-generating ability.
The extremely high P/E ratio is heavily distorted by minimal or negative earnings, making it an unreliable valuation metric for this mortgage REIT. The trailing P/FFO and P/AFFO are not reported, which prevents a direct comparison to peer multiples or historical averages. Investors should be cautious, as the valuation appears to rely on future recovery expectations rather than current operational performance.
Volatile NOI Margins Mask Underlying Losses
NOI margin displayed extreme volatility, swinging from near 100% in early 2024 and 2026 to just 22.9% in Q1 2025, indicating profitability is highly sensitive to non-recurring items and portfolio shifts.
The reported NOI margins of 98.4% and 97.1% in recent quarters are anomalous and likely reflect a low revenue base or non-cash adjustments rather than sustainable operational efficiency. The underlying FFO per share has been negative for five of the last ten quarters, showing that core property-level profitability does not translate to positive funds from operations after considering the full capital structure and non-cash charges.
Distribution Sustainability in Question
The FFO payout ratio was 89.1% in Q4 2025, but with FFO turning negative in the two most recent quarters, the 0.8% dividend yield appears to be unsupported by current earnings power.
In the final profitable quarter (Q4 2025), the company retained only about 11% of its FFO after paying dividends, leaving a thin cushion. The subsequent shift to negative FFO in Q1 and Q2 2026 means dividends are now being paid from cash reserves or external capital, not operational cash flow. This pattern suggests the current distribution level is unsustainable without a material turnaround in portfolio performance.
Debt Profile Obscured by Reporting Gaps
Debt-to-equity ratio stood at 1.80 in Q1 2026, but the reported interest coverage of -1.00 indicates core earnings do not cover interest expenses, signaling significant financial stress.
The debt-to-equity ratio appears relatively stable, but this is misleading as shareholder equity has eroded by 33% since Q1 2024, meaning leverage on a gross-asset basis is likely higher. The negative interest coverage ratio confirms that the mortgage portfolio is not generating sufficient income to service its debt costs, which aligns with the pattern of negative FFO. The sudden disappearance of reported debt in Q2 2026 warrants further investigation into refinancing or off-balance-sheet arrangements.
P/E Ratio Masks Mortgage REIT Realities
The P/E ratio of 628.32 is the most dangerously misapplied metric for this mortgage REIT, as it is inflated by depreciation charges and volatile earnings, obscuring the critical FFO and book value metrics.
For mortgage REITs, earnings per share are heavily distorted by non-cash items like depreciation and unrealized gains/losses on the loan portfolio, making the P/E ratio nearly meaningless. The far more relevant metrics are P/B (currently 6.60) and the implied yield on the mortgage portfolio, which better reflect the asset value and income generation potential. Using P/E could mislead investors into believing the stock is extremely expensive, when in reality, the valuation should be assessed against net asset value and the quality of the underlying loan book.