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READY CAPITAL CORP - RC 9 12/15/29 (RCD) Stock Fundamental Analysis

USA - NYSE:RCD - US75574U8383

23.759 USD
-0.06 (-0.26%)
Last: 10/28/2025, 8:18:31 PM
Fundamental Rating

3

Taking everything into account, RCD scores 3 out of 10 in our fundamental rating. RCD was compared to 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. The financial health of RCD is average, but there are quite some concerns on its profitability. RCD is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

In the past year RCD has reported negative net income.
In the past year RCD had a positive cash flow from operations.
RCD had positive earnings in 4 of the past 5 years.
Of the past 5 years RCD 4 years had a positive operating cash flow.
RCD Yearly Net Income VS EBIT VS OCF VS FCFRCD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M -400M

1.2 Ratios

RCD has a Return On Assets of -3.42%. This is amonst the worse of the industry: RCD underperforms 85.29% of its industry peers.
RCD has a worse Return On Equity (-17.34%) than 82.35% of its industry peers.
Industry RankSector Rank
ROA -3.42%
ROE -17.34%
ROIC N/A
ROA(3y)-0.12%
ROA(5y)0.39%
ROE(3y)-0.69%
ROE(5y)2.85%
ROIC(3y)N/A
ROIC(5y)N/A
RCD Yearly ROA, ROE, ROICRCD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20

1.3 Margins

RCD has a worse Gross Margin (8.53%) than 79.41% of its industry peers.
In the last couple of years the Gross Margin of RCD has declined.
The Profit Margin and Operating Margin are not available for RCD so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 8.53%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-50.56%
GM growth 5Y-31.49%
RCD Yearly Profit, Operating, Gross MarginsRCD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 60

5

2. Health

2.1 Basic Checks

RCD does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for RCD has been reduced compared to 1 year ago.
The number of shares outstanding for RCD has been increased compared to 5 years ago.
Compared to 1 year ago, RCD has a worse debt to assets ratio.
RCD Yearly Shares OutstandingRCD Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
RCD Yearly Total Debt VS Total AssetsRCD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

Based on the Altman-Z score of 0.19, we must say that RCD is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of RCD (0.19) is better than 77.94% of its industry peers.
The Debt to FCF ratio of RCD is 25.14, which is on the high side as it means it would take RCD, 25.14 years of fcf income to pay off all of its debts.
RCD's Debt to FCF ratio of 25.14 is amongst the best of the industry. RCD outperforms 89.71% of its industry peers.
RCD has a Debt/Equity ratio of 3.89. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 3.89, RCD is in the better half of the industry, outperforming 64.71% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 3.89
Debt/FCF 25.14
Altman-Z 0.19
ROIC/WACCN/A
WACC7.02%
RCD Yearly LT Debt VS Equity VS FCFRCD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B 8B

2.3 Liquidity

A Current Ratio of 1.05 indicates that RCD should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.05, RCD is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
A Quick Ratio of 1.05 indicates that RCD should not have too much problems paying its short term obligations.
The Quick ratio of RCD (1.05) is better than 75.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.05
Quick Ratio 1.05
RCD Yearly Current Assets VS Current LiabilitesRCD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

4

3. Growth

3.1 Past

The earnings per share for RCD have decreased strongly by -160.00% in the last year.
The earnings per share for RCD have been decreasing by -49.62% on average. This is quite bad
RCD shows a decrease in Revenue. In the last year, the revenue decreased by -6.28%.
Measured over the past years, RCD shows a very strong growth in Revenue. The Revenue has been growing by 20.46% on average per year.
EPS 1Y (TTM)-160%
EPS 3Y-71.84%
EPS 5Y-49.62%
EPS Q2Q%-300%
Revenue 1Y (TTM)-6.28%
Revenue growth 3Y14.39%
Revenue growth 5Y20.46%
Sales Q2Q%-66.84%

3.2 Future

The Earnings Per Share is expected to decrease by -112.69% on average over the next years. This is quite bad
Based on estimates for the next years, RCD will show a quite strong growth in Revenue. The Revenue will grow by 12.88% on average per year.
EPS Next Y-697.4%
EPS Next 2Y-91%
EPS Next 3Y-112.69%
EPS Next 5YN/A
Revenue Next Year-47.33%
Revenue Next 2Y12.88%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
RCD Yearly Revenue VS EstimatesRCD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M 1B
RCD Yearly EPS VS EstimatesRCD Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 1 1.5 2

1

4. Valuation

4.1 Price/Earnings Ratio

RCD reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year RCD is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
RCD Price Earnings VS Forward Price EarningsRCD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -100 -200

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, RCD is valued a bit cheaper than 63.24% of the companies in the same industry.
Industry RankSector Rank
P/FCF 13.75
EV/EBITDA N/A
RCD Per share dataRCD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

A cheap valuation may be justified as RCD's earnings are expected to decrease with -112.69% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-91%
EPS Next 3Y-112.69%

5

5. Dividend

5.1 Amount

RCD has a Yearly Dividend Yield of 16.23%, which is a nice return.
RCD's Dividend Yield is rather good when compared to the industry average which is at 12.65. RCD pays more dividend than 88.24% of the companies in the same industry.
RCD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
Industry RankSector Rank
Dividend Yield 16.23%

5.2 History

The dividend of RCD decreases each year by -4.21%.
RCD has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-4.21%
Div Incr Years0
Div Non Decr Years0
RCD Yearly Dividends per shareRCD Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

RCD has negative earnings and hence a negative payout ratio. The dividend may be in danger.
RCD's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-52.39%
EPS Next 2Y-91%
EPS Next 3Y-112.69%
RCD Yearly Income VS Free CF VS DividendRCD Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M -400M

READY CAPITAL CORP - RC 9 12/15/29

NYSE:RCD (10/28/2025, 8:18:31 PM)

23.759

-0.06 (-0.26%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)08-07 2025-08-07/amc
Earnings (Next)11-05 2025-11-05/amc
Inst Owners68.01%
Inst Owner Change0.05%
Ins Owners8.2%
Ins Owner ChangeN/A
Market Cap3.90B
Revenue(TTM)752.30M
Net Income(TTM)-318363000
Analysts47.5
Price Target25.5 (7.33%)
Short Float %0%
Short Ratio0.17
Dividend
Industry RankSector Rank
Dividend Yield 16.23%
Yearly Dividend1.23
Dividend Growth(5Y)-4.21%
DP-52.39%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-612.77%
Min EPS beat(2)-1051.17%
Max EPS beat(2)-174.36%
EPS beat(4)0
Avg EPS beat(4)-389.82%
Min EPS beat(4)-1051.17%
Max EPS beat(4)-114.25%
EPS beat(8)1
Avg EPS beat(8)-208.67%
EPS beat(12)1
Avg EPS beat(12)-142.88%
EPS beat(16)3
Avg EPS beat(16)-104%
Revenue beat(2)0
Avg Revenue beat(2)-69.49%
Min Revenue beat(2)-73.9%
Max Revenue beat(2)-65.08%
Revenue beat(4)0
Avg Revenue beat(4)-40.85%
Min Revenue beat(4)-73.9%
Max Revenue beat(4)-10.88%
Revenue beat(8)3
Avg Revenue beat(8)40.56%
Revenue beat(12)7
Avg Revenue beat(12)87.07%
Revenue beat(16)11
Avg Revenue beat(16)99.7%
PT rev (1m)-0.67%
PT rev (3m)-13.33%
EPS NQ rev (1m)-42.03%
EPS NQ rev (3m)-228.89%
EPS NY rev (1m)8.81%
EPS NY rev (3m)-233.84%
Revenue NQ rev (1m)-5.74%
Revenue NQ rev (3m)-11.21%
Revenue NY rev (1m)-29.6%
Revenue NY rev (3m)-40.4%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 5.19
P/FCF 13.75
P/OCF 13.72
P/B 2.13
P/tB 2.23
EV/EBITDA N/A
EPS(TTM)-0.54
EYN/A
EPS(NY)-0.08
Fwd EYN/A
FCF(TTM)1.73
FCFY7.27%
OCF(TTM)1.73
OCFY7.29%
SpS4.58
BVpS11.17
TBVpS10.64
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -3.42%
ROE -17.34%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 8.53%
FCFM 37.75%
ROA(3y)-0.12%
ROA(5y)0.39%
ROE(3y)-0.69%
ROE(5y)2.85%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-50.56%
GM growth 5Y-31.49%
F-Score5
Asset Turnover0.08
Health
Industry RankSector Rank
Debt/Equity 3.89
Debt/FCF 25.14
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 0.09%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.05
Quick Ratio 1.05
Altman-Z 0.19
F-Score5
WACC7.02%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.94%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-160%
EPS 3Y-71.84%
EPS 5Y-49.62%
EPS Q2Q%-300%
EPS Next Y-697.4%
EPS Next 2Y-91%
EPS Next 3Y-112.69%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.28%
Revenue growth 3Y14.39%
Revenue growth 5Y20.46%
Sales Q2Q%-66.84%
Revenue Next Year-47.33%
Revenue Next 2Y12.88%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-189.75%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-6.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-10.24%
OCF growth 3YN/A
OCF growth 5YN/A

READY CAPITAL CORP - RC 9 12/15/29 / RCD FAQ

What is the fundamental rating for RCD stock?

ChartMill assigns a fundamental rating of 3 / 10 to RCD.


What is the valuation status for RCD stock?

ChartMill assigns a valuation rating of 1 / 10 to READY CAPITAL CORP - RC 9 12/15/29 (RCD). This can be considered as Overvalued.


How profitable is READY CAPITAL CORP - RC 9 12/15/29 (RCD) stock?

READY CAPITAL CORP - RC 9 12/15/29 (RCD) has a profitability rating of 1 / 10.


What is the earnings growth outlook for READY CAPITAL CORP - RC 9 12/15/29?

The Earnings per Share (EPS) of READY CAPITAL CORP - RC 9 12/15/29 (RCD) is expected to decline by -697.4% in the next year.