` Comparison: BMNM vs NLY - Alpha Spread

BMNM
vs
NLY

Over the past 12 months, BMNM has significantly outperformed NLY, delivering a return of +226% compared to the NLY's +1% growth.

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BMNM
NLY
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Valuation Comparison

BMNM Intrinsic Value
11.27 USD
Undervaluation 73%
Intrinsic Value
Price
NLY Intrinsic Value
94.72 USD
Undervaluation 77%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Bimini Capital Management Inc
OTC:BMNM
3.1 USD
Annaly Capital Management Inc
NYSE:NLY
22.04 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
BMNM, NLY

BMNM
NLY
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Bimini Capital Management Inc
Revenue
Annaly Capital Management Inc
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
BMNM, NLY

BMNM
NLY
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Bimini Capital Management Inc
OTC:BMNM
Annaly Capital Management Inc
NYSE:NLY
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What is Free Cash Flow?

Gross Margin

BMNM
67.5%
NLY
31.5%

Operating Margin

BMNM
15.8%
NLY
28.7%

Net Margin

BMNM
4.1%
NLY
26.2%

FCF Margin

BMNM
22.2%
NLY
-2.7%

ROE

BMNM
10.4%
NLY
13%

ROA

BMNM
0.6%
NLY
1.6%

ROIC

BMNM
0.7%
NLY
1.7%

ROCE

BMNM
9.1%
NLY
4.9%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
BMNM, NLY

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Performance Gap
BMNM, NLY

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BMNM
NLY
Difference
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Performance By Year
BMNM, NLY

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BMNM
NLY
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett