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

USA - NYSE:RCD - US75574U8383

23.725 USD
+0.13 (+0.53%)
Last: 10/24/2025, 8:04:00 PM
Fundamental Rating

3

RCD gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. RCD scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. RCD is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

RCD had negative earnings in the past year.
In the past year RCD had a positive cash flow from operations.
Of the past 5 years RCD 4 years were profitable.
RCD had a positive operating cash flow in 4 of the past 5 years.
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

The Return On Assets of RCD (-3.42%) is worse than 85.29% of its industry peers.
The Return On Equity of RCD (-17.34%) is worse 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

The Gross Margin of RCD (8.53%) is worse than 79.41% of its industry peers.
In the last couple of years the Gross Margin of RCD has declined.
RCD does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
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.
RCD has less shares outstanding than it did 1 year ago.
The number of shares outstanding for RCD has been increased compared to 5 years ago.
RCD has a worse debt/assets ratio than last year.
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

RCD has an Altman-Z score of 0.19. This is a bad value and indicates that RCD is not financially healthy and even 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.
The Debt to FCF ratio of RCD (25.14) is better than 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.
RCD has a Debt to Equity ratio of 3.89. This is in the better half of the industry: RCD outperforms 66.18% of its industry peers.
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.
RCD has a Current ratio of 1.05. This is in the better half of the industry: RCD outperforms 75.00% of its industry peers.
A Quick Ratio of 1.05 indicates that RCD should not have too much problems paying its short term obligations.
RCD has a better Quick ratio (1.05) 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

RCD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -160.00%.
RCD shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -49.62% yearly.
The Revenue has decreased by -6.28% in the past year.
The Revenue has been growing by 20.46% on average over the past years. This is a very strong growth!
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

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in 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.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for RCD. No positive earnings are expected for the next year.
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

63.24% of the companies in the same industry are more expensive than RCD, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 13.73
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 12.70. 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 2.31.
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

The earnings of RCD are negative and hence is the payout ratio. RCD will probably not be able to sustain this dividend level.
The Dividend Rate of RCD has been decling, while earnings will also be 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 (10/24/2025, 8:04:00 PM)

23.725

+0.13 (+0.53%)

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 (7.48%)
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 5.18
P/FCF 13.73
P/OCF 13.7
P/B 2.12
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
FCFY7.28%
OCF(TTM)1.73
OCFY7.3%
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.