COMP <GO>
BFS vs MFA // EV/EBITDA & P/E VALUATION
Saul Centers Inc. (NYSE) VS. MFA Financial Inc. (NYSE) • 15-METRIC TALLY: BFS 6
— MFA 1
■ METRIC PARITY
LAST: $29.37 (+1.56%) • MKT CAP: $725.9M
valuation
3.7x
LAST: $6.80 (+0.15%) • MKT CAP: $687.4M
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BFS VS. MFA)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BFS | MFA | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 51.60% | 9.70% | +41.90 | BFS | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 3.7x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 13.75% | 11.09% | +2.66 | BFS | /fcf-yield <GO> |
| Operating Margin | 67.40% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 12.90% | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | 7.80% | — | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 7.87% | 0.00% | +7.87 | BFS | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 4/9 | +2.00 | BFS | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 41.4 | 33.6 | +7.87 | BFS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 18.0x | 3.6x | +14.40 | MFA | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $725.9M | $687.4M | $38.5M | BFS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BFS REV | MFA REV | BFS GROSS % | MFA GROSS % | BFS FCF | MFA FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $289.8M | $0 | — | — | $99.8M | $76.2M |
| FY 2024 | $268.8M | $0 | — | — | $121.2M | $200.1M |
| FY 2023 | $257.2M | $0 | — | — | $117.7M | $108.7M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BFS // BETA —
MFA // BETA —