Two Harbors Investment Corp
NYSE:TWO

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Two Harbors Investment Corp
NYSE:TWO
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Price: 11.66 USD -2.02% Market Closed
Market Cap: 1.2B USD
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Relative Value

The Relative Value of one TWO stock under the Base Case scenario is 46.06 USD. Compared to the current market price of 11.66 USD, Two Harbors Investment Corp is Undervalued by 75%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TWO Relative Value
Base Case
46.06 USD
Undervaluation 75%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
60
vs Industry
69
Median 3Y
1.7
Median 5Y
1.7
Industry
3.7
Forward
-7.8
vs History
vs Industry
48
Median 3Y
5
Median 5Y
3
Industry
16.6
Forward
16.6
vs History
22
vs Industry
56
Median 3Y
3.4
Median 5Y
2.6
Industry
11.2
vs History
vs Industry
42
Median 3Y
-0.5
Median 5Y
-0.2
Industry
13.3
vs History
57
vs Industry
59
Median 3Y
0.6
Median 5Y
0.6
Industry
0.9
vs History
68
vs Industry
35
Median 3Y
13.7
Median 5Y
13.7
Industry
6.7
Forward
-69.1
vs History
1
vs Industry
15
Median 3Y
27
Median 5Y
23.6
Industry
12
vs History
vs Industry
11
Median 3Y
29
Median 5Y
23.9
Industry
16
vs History
vs Industry
17
Median 3Y
29
Median 5Y
23.9
Industry
19.2
Forward
95
vs History
11
vs Industry
15
Median 3Y
24.8
Median 5Y
25.4
Industry
18.6
vs History
11
vs Industry
19
Median 3Y
24.8
Median 5Y
25.4
Industry
20
vs History
65
vs Industry
33
Median 3Y
0.9
Median 5Y
0.9
Industry
0.7

Multiples Across Competitors

TWO Competitors Multiples
Two Harbors Investment Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Two Harbors Investment Corp
NYSE:TWO
1.2B USD 1.4 -4.5 -52.3 -52.3
US
New Residential Investment Corp
LSE:0K76
461.5B USD 124.9 952.9 4 386.5 4 386.5
US
Annaly Capital Management Inc
NYSE:NLY
11B USD 2.3 -297.9 522.1 620.4
US
AGNC Investment Corp
NASDAQ:AGNC
8.1B USD 2 7.9 75.2 75.2
US
Starwood Property Trust Inc
NYSE:STWD
6.8B USD 3.3 18.3 193.9 311.4
US
Rithm Capital Corp
NYSE:RITM
5.8B USD 1.6 11.9 302.5 302.5
US
Hannon Armstrong Sustainable Infrastructure Capital Inc
NYSE:HASI
3.6B USD 7.6 10.5 162 165.7
US
Blackstone Mortgage Trust Inc
NYSE:BXMT
3.3B USD 1.8 -13.6 -83.7 -83.3
US
Arbor Realty Trust Inc
NYSE:ABR
2.8B USD 1.9 11 37.3 38.3
US
Ladder Capital Corp
NYSE:LADR
1.5B USD 3 15.8 27.2 36.4
US
Apollo Commercial Real Estate Finance Inc
NYSE:ARI
1.3B USD 1.5 -9.9 40.6 43.3

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