As of 2024-12-14, the Fair Value of Ready Capital Corp (RC) is -16.30 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 7.45 USD, the upside of Ready Capital Corp is -318.73%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 5Y Avg | |
| Net income | 73.00 | 44.90 | 157.70 | 194.30 | 339.45 | 161.87 |
| YoY growth | 23.10% | -38.49% | 251.22% | 23.21% | 74.70% | 66.75% |
| Market Cap (mil) | 1,255.55 |
| P/E | |
| Forward P/E | 19.69x |
| EPS | -0.65 |
| Avg earnings growth rate | 66.75% |
| TTM earnings | -109.85 |