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)
RWTNthis companyRedwood Trust, Inc. 9.125% Seni	$23.60	-9.37×	0.73×	0.65×	21.24×	-364.7%	95.6%	95.3%	-6.3%	-7.1%	4.5%	-1401.5%	22.56×	20.56×	0.96×	0.28×	14.7%	4	0.16	1	C-
ABRArbor Realty Trust	$1.63	13.86×	0.51×	1.24×	13.38×	15585.0%	93.9%	74.6%	12.3%	5.0%	141.7%	24.9%	3.74×	11.72×	1.29×	0.1×	21.4%	5	0.17	2	B-
BXMTBlackstone Mortgage Trust, Inc.	$11.30	29.89×	0.93×	2.15×	16.27×	2169.7%	76.9%	71.6%	7.2%	3.1%	5.3%	8.4%	4.62×	13.46×	1.1×	0.06×	9.9%	5	0.11	2	C+
CDPCOPT Defense Properties	$33.38	20.59×	2.06×	4.09×	13.79×	53.9%	15.4%	30.2%	19.9%	10.1%	5.2%	7.3%	1.86×	6.18×	2.61×	1.64×	4.4%	7	0.83	3	B+
EFCEllington Financial Inc.	$11.45	11.41×	0.74×	2×	39.45×	-1485.7%	84.3%	61.6%	21.8%	8.0%	200.7%	37.7%	9.25×	36.51×	1.36×	0.08×	13.6%	5	0.16	3	B
HIWHighwoods Properties, Inc.	$31.83	17.81×	1.18×	3.47×	10.51×	218.8%	67.6%	26.0%	19.8%	6.7%	24.8%	5.9%	1.53×	5.92×	1.37×	42.45×	7.8%	4	0.64	3	B+
Peer median	—	17.81×	0.93×	2.15×	13.79×	218.8%	76.9%	61.6%	19.8%	6.7%	24.8%	8.4%	3.74×	11.72×	1.36×	0.1×	9.9%	5	0.17	3	—