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)
FPIthis companyFarmland Partners Inc.	$8.86	13.65×	0.93×	8.21×	12.63×	61.6%	64.4%	44.2%	60.5%	6.9%	25.1%	4.1%	0.35×	3.31×	2.39×	537.08×	14.9%	7	1.02	3	B
CMTGClaros Mortgage Trust, Inc.	$1.69	-0.88×	0.28×	1×	-7.13×	-1404.4%	-86.9%	-113.6%	-113.6%	-31.9%	-10.4%	-7.7%	2.05×	-6.23×	-1.45×	1.8×	0.0%	4	-0.45	2	B-
FPHFive Point Holdings, LLC	$4.30	5.53×	0.46×	3.56×	2.18×	319.1%	40.4%	-6.7%	64.5%	8.4%	-0.2%	26.8%	0.61×	0.41×	0×	82.24×	0.0%	5	1.5	4	A-
FRPHFRP Holdings, Inc.	$19.25	134.06×	1.02×	10.16×	28.84×	48.1%	15.7%	16.4%	7.8%	0.8%	0.7%	6.8%	0.45×	4.81×	2.37×	0×	0.0%	6	1.21	3	B
IVRInvesco Mortgage Capital Inc.	$5.46	6.37×	0.7×	1.64×	19.06×	-1482.0%	35.3%	29.8%	29.8%	12.7%	1.6%	28.2%	7.05×	17.32×	0.46×	0.04×	19.2%	3	-1.58	2	C+
NLOPNet Lease Office Properties	$9.38	-2.63×	1.3×	3.21×	-3.05×	53.1%	70.0%	29.7%	-122.2%	-49.4%	7.8%	15.7%	0.08×	1.04×	2.77×	5.6×	27.9%	6	-2.63	3	B
Peer median	—	5.53×	0.7×	3.21×	2.18×	48.1%	35.3%	16.4%	7.8%	0.8%	0.7%	15.7%	0.61×	1.04×	0.46×	1.8×	0.0%	5	-0.45	3	—