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)
JOEthis companyThe St. Joe Company	$73.78	29.69×	4.47×	6.67×	13.82×	-115.8%	93.0%	28.5%	22.5%	15.1%	7.6%	5.5%	0.75×	1.58×	1.9×	2.17×	1.0%	7	4.63	3	B
ABRArbor Realty Trust	$1.58	13.86×	0.51×	1.24×	13.38×	12706.7%	93.9%	74.6%	12.3%	5.0%	141.7%	26.5%	3.74×	11.72×	1.29×	0.1×	21.4%	5	0.18	2	B-
BNLBroadstone Net Lease, Inc.	$17.80	34.06×	1.13×	7.12×	15.7×	41.1%	23.5%	49.7%	22.4%	3.5%	4.1%	8.3%	0.9×	6.93×	2.42×	288.34×	6.7%	5	0.71	3	B
BXMTBlackstone Mortgage Trust, Inc.	$11.14	29.89×	0.93×	2.15×	16.27×	2128.9%	76.9%	71.6%	7.2%	3.1%	5.3%	8.4%	4.62×	13.46×	1.1×	0.06×	9.9%	5	0.12	2	C+
CWKCushman & Wakefield plc	$14.46	42.61×	1.91×	0.36×	14.27×	147.2%	16.2%	4.5%	0.9%	4.5%	4.6%	7.8%	1.66×	5.66×	2.12×	22.76×	0.0%	6	1.78	2	B-
NMRKNewmark Group, Inc.	$12.04	24.42×	2.12×	0.93×	11.43×	47.6%	94.6%	7.0%	3.8%	8.6%	3.6%	4.6%	1.37×	3.98×	7.2×	2.25×	0.7%	6	1.14	3	B+
Peer median	—	29.89×	1.13×	1.24×	14.27×	147.2%	76.9%	49.7%	7.2%	4.5%	4.6%	8.3%	1.66×	6.93×	2.12×	2.25×	6.7%	5	0.71	2	—