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)
TRTXthis companyTPG 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
ADAMAdamas Trust, Inc.	$5.73	6.52×	0.46×	0.82×	64.52×	149.8%	43.8%	17.1%	18.5%	10.4%	1.1%	19.1%	7.71×	60.8×	0.3×	0.03×	18.5%	6	0.02	2	C+
BRSPBrightSpire Capital, Inc.	$3.42	-21.54×	0.76×	2.14×	28.25×	190.7%	49.6%	39.5%	-9.4%	-3.3%	2.3%	10.3%	2.65×	21.84×	1.03×	19.52×	11.7%	6	-0.38	2	C+
CTOCTO Realty Growth, Inc.	$20.32	230.13×	1.05×	3.97×	12.35×	373.7%	-5.6%	22.1%	6.7%	1.8%	2.6%	10.9%	1.09×	6.26×	1.23×	6.5×	9.5%	5	0.91	4	A-
FBRTFranklin BSP Realty Trust, Inc.	$6.32	14.97×	0.57×	1.48×	12.71×	1760.5%	92.1%	68.4%	14.8%	5.7%	6.1%	35.5%	2.95×	10.58×	1.32×	18.43×	17.7%	7	0.05	3	B
IVRInvesco Mortgage Capital Inc.	$5.48	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+
Peer median	—	6.52×	0.7×	1.64×	19.06×	190.7%	43.8%	29.8%	14.8%	5.7%	2.3%	19.1%	2.95×	17.32×	1.03×	6.5×	17.7%	6	0.02	2	—