Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
ELMEthis companyElme Communities	$0.05	-9.94×	6.42×	0×	-16.37×	30546.7%	0.0%	0.0%	0.0%	-64.5%	-15.2%	4.1%	2.18×	18.43×	-3.82×	1.02×	4.2%	4	-1.04	—	—
ARRARMOUR Residential REIT, Inc.	$12.71	5.34×	0.73×	1.27×	20.21×	-1175.3%	97.0%	73.9%	24.7%	14.3%	645.7%	7.5%	7.94×	18.49×	1.5×	0.01×	17.1%	4	-1.1	2	C
EFCEllington Financial Inc.	$11.35	11.41×	0.74×	2×	39.45×	-1948.7%	84.3%	61.6%	21.8%	8.0%	200.7%	37.7%	9.25×	36.51×	1.36×	0.08×	13.6%	3	-0.01	3	B-
EPREPR Properties	$60.74	15.12×	1.63×	5.28×	11.8×	260.0%	44.7%	52.5%	38.3%	11.8%	6.6%	11.1%	1.35×	5.25×	2.83×	1.53×	7.7%	4	0.74	4	A
GTYGetty Realty Corp.	$28.76	20.27×	1.44×	6.95×	13.78×	225.7%	40.2%	54.9%	35.7%	7.4%	40.5%	8.2%	0.98×	5.56×	2.63×	29.85×	7.0%	4	0.96	4	A-
IIPRInnovative Industrial Properties, Inc.	$55.98	11.9×	0.72×	4.99×	8.01×	2.8%	88.7%	46.7%	43.0%	6.2%	227.9%	13.2%	0.21×	1.66×	6.15×	0.15×	16.6%	5	1.34	4	A
Peer median	—	11.9×	0.74×	4.99×	13.78×	2.8%	84.3%	54.9%	35.7%	8.0%	200.7%	11.1%	1.35×	5.56×	2.63×	0.15×	13.6%	4	0.74	4	—