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)
SCCEthis companySachem Capital Corp. 6.00% Note	$24.40	577.75×	6.19×	0×	0×	-98.7%	0.0%	0.0%	0.0%	1.0%	0.0%	0.2%	0×	0×	0×	0×	0.9%	3	2.21	1	D+
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-
LADRLadder Capital Corp	$8.92	21.55×	0.93×	3.52×	17.7×	260.6%	71.8%	62.0%	16.4%	4.3%	4.6%	6.3%	2.37×	12.67×	1.39×	0.35×	8.5%	5	0.28	3	B
SACHSachem Capital Corp.	$0.82	26.53×	0.28×	1.04×	9.8×	-782.7%	97.8%	58.8%	13.4%	3.6%	144.7%	5.1%	1.59×	8.28×	1.09×	0.84×	28.6%	3	0.28	2	C+
TRTXTPG RE Finance Trust, Inc.	$6.71	15.11×	0.64×	2.05×	14.8×	112.5%	79.3%	73.0%	18.1%	5.6%	5.5%	12.3%	3.08×	12.2×	1.28×	0.18×	13.3%	7	0.12	3	B
Peer median	—	18.33×	0.57×	1.64×	14.09×	186.5%	86.6%	67.5%	14.9%	4.7%	73.6%	9.3%	2.72×	11.96×	1.29×	0.26×	17.4%	5	0.23	3	—