RC (Ready Capital) EV-to-EBITDA: -24.01 (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

RC Ready Capital Corp RC
31 GF Score
Price $1.71
! 1 Warning Sign
View Full Analysis

What is Ready Capital EV-to-EBITDA?

Ready Capital RC +2.71% 31 EV-to-EBITDA is -24.01 as of Sep. 21, 2026. GuruFocus rates RC with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 707 REITs companies, Ready Capital ranks worse than 141442.57% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ready Capital's enterprise value is $3,433.3 Mil. Ready Capital's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $-143.0 Mil. Therefore, Ready Capital's EV-to-EBITDA for today is -24.01.

The historical rank and industry rank for Ready Capital's EV-to-EBITDA or its related term are showing as below:

RC' s EV-to-EBITDA Range Over the Past 10 Years
Min: -24.02   Med: 0   Max: 0
Current: -24.01

RC's EV-to-EBITDA is ranked worse than
100% of 707 companies
in the REITs industry
Industry Median: 14.81 vs RC: -24.01

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-21), Ready Capital's stock price is $1.705. Ready Capital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-3.460. Therefore, Ready Capital's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Ready Capital  (NYSE:RC) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Ready Capital's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.705/-3.460
=At Loss

Ready Capital's share price for today is $1.705.
Ready Capital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.460.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Ready Capital EV-to-EBITDA Related Terms


Ready Capital EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ready Capital's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ready Capital EV-to-EBITDA Chart

Ready Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.11 16.16 9.81 44.44 23.58

Ready Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.35 27.29 23.86 -66.81 -35.00

RC vs NREF, REFI, ACRE: EV-to-EBITDA Comparison

For the REIT - Mortgage subindustry, Ready Capital's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ready Capital EV-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Ready Capital's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ready Capital's EV-to-EBITDA falls into.


RC
31GF Score
Ready Capital Corp RC
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ready Capital EV-to-EBITDA Calculation

Ready Capital's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3433.274/-143.002
=-24.01

Ready Capital's current Enterprise Value is $3,433.3 Mil.
Ready Capital's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-143.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of -24.01 mean?
Ready Capital (RC) has a EV-to-EBITDA of -24.01 as of Sep. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ready Capital. According to the industry distribution chart, Ready Capital ranks #999999 out of 707 companies in the REITs industry.
Is Ready Capital's EV-to-EBITDA too high?
Ready Capital's current EV-to-EBITDA is -24.01. Based on the distribution chart, Ready Capital ranks #999999 out of 707 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Ready Capital has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Ready Capital's EV-to-EBITDA compare to NREF and REFI?
According to the REITs industry distribution chart, Ready Capital ranks #999999 out of 707 companies for EV-to-EBITDA. This places Ready Capital in the lower half of its industry. The industry median EV-to-EBITDA is 14.81. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 14.81, based on 707 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ready Capital. For the REITs industry, the median EV-to-EBITDA is 14.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ready Capital's current EV-to-EBITDA is -24.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ready Capital stock overvalued right now?
Ready Capital (RC) has a current EV-to-EBITDA of -24.01. The current EV-to-EBITDA is -24.01. Ready Capital's overall GF Score™ is 31/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ready Capital (RC), the current EV-to-EBITDA is -24.01 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ready Capital Business Description

Industry Real EstateREITs
Other Exchanges RCpC.PFD:USA0SZ:Germany
Address 1251 Avenue of the Americas, 50th Floor, New York, NY, USA, 10020
Ready Capital Corp is a real estate finance company that originates, acquires, finances, and services LMM loans, SBA loans, construction loans, USDA loans and, to a lesser extent, MBS collateralized mainly by LMM loans or other real estate-related investments. Its loans are used by businesses to purchase real estate used in their operations or by investors seeking to acquire multi-family, office, retail, mixed use or warehouse properties. It operates through two segments: LMM Commercial Real Estate, which originates LMM loans across the life-cycle of an LMM property including construction, bridge, stabilized and agency loan channels, and Small Business Lending, which acquires, originates and services owner-occupied loans guaranteed by the SBA and also originates and services USDA loans.
31GF Score

Get the complete analysis for RC

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.71
Price