Ready Capital Corproation (RC): Price and Financial Metrics

RC POWR Grades

• Value is the dimension where RC ranks best; there it ranks ahead of 77.26% of US stocks.
• RC's strongest trending metric is Growth; it's been moving down over the last 179 days.
• RC ranks lowest in Sentiment; there it ranks in the 15th percentile.

RC Stock Summary

• The ratio of debt to operating expenses for READY CAPITAL CORP is higher than it is for about 97.81% of US stocks.
• Equity multiplier, or assets relative to shareholders' equity, comes in at 6.54 for READY CAPITAL CORP; that's greater than it is for 84.09% of US stocks.
• READY CAPITAL CORP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -117.11%, greater than the shareholder yield of only 4.94% of stocks in our set.
• Stocks that are quantitatively similar to RC, based on their financial statements, market capitalization, and price volatility, are MFA, BRSP, CFFN, LBC, and NNI.
• RC's SEC filings can be seen here. And to visit READY CAPITAL CORP's official web site, go to www.readycapital.com.

RC Valuation Summary

• In comparison to the median Real Estate stock, RC's price/sales ratio is 44.68% lower, now standing at 2.6.
• RC's EV/EBIT ratio has moved up 27.1 over the prior 119 months.

Below are key valuation metrics over time for RC.

RC Growth Metrics

The year over year net income to common stockholders growth rate now stands at 41.82%.
• The year over year cash and equivalents growth rate now stands at -27.75%.
• The 5 year revenue growth rate now stands at 75.3%.

RC's revenue has moved up $304,484,000 over the prior 33 months.

The table below shows RC's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	553.464	188.283	220.034
2022-06-30	549.728	23.81	202.583
2022-03-31	539.708	30.502	174.502
2021-12-31	501.638	-34.441	142.738
2021-09-30	478.61	-11.414	120.43
2021-06-30	466.106	41.797	113.207

RC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• RC has a Quality Grade of D, ranking ahead of 21.44% of graded US stocks.
• RC's asset turnover comes in at 0.067 -- ranking 281st of 444 Trading stocks.
• VHC, PMT, and GLPI are the stocks whose asset turnover ratios are most correlated with RC.

The table below shows RC's key quality metrics over time.