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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#3500
Positioning
Market Dominance
Finance, Insurance, And Real Estate
Trading
$673M
Doug Bouquard
TPG RE Finance Trust, Inc. originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.
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Dates updated upon official exchange announcement.
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X-AXIS: EV/EBITDA (LOWER = CHEAPER) | Y-AXIS: ROE (HIGHER = ELITE) | RED CIRCLE = TRTX ANALYSIS TARGET
| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$SII SPROTT INC. | 75 | 91 | 87 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PUK PRUDENTIAL PLC | 73 | 88 | 97 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$NMR NOMURA HOLDINGS INC | 72 | 81 | 92 | 87 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PSLV Sprott Physical Silver Trust | 69 | 82 | 80 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$UFCS UNITED FIRE GROUP INC | 68 | 81 | 93 | 76 | 5.0x | 3.5x | 13.2% | 4.1% | 99.9% | 14.7% | 11.1% | 9.2% | 2.1% | 16.0x | $775M | VS | |
$SLF SUN LIFE FINANCIAL INC | 68 | 83 | 95 | 63 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$CBOE Cboe Global Markets, Inc. | 68 | 75 | 63 | 77 | 21.3x | 15.7x | 24.0% | 13.7% | 41.7% | 32.4% | 26.4% | 8.2% | 1.1% | 30.0x | $25.7B | VS | |
$VTMX Vesta Real Estate Corporation, S.A.B. de C.V. | 67 | 69 | 77 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PHYS Sprott Physical Gold Trust | 67 | 64 | 82 | 91 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$GLDM World Gold Trust | 66 | 54 | 85 | 92 | 11.3x | 11.3x | - | 20.9% | 100.0% | 97.1% | 554.8% | -19.0% | 0.0% | - | $32.0B | VS | |
$TRTX TPG RE Finance Trust, Inc. | 40 | 23 | 35 | 39 | 8.4x | 50.4x | 7.3% | 1.8% | 0.0% | 73.0% | 72.7% | 2.8% | 11.2% | 310.0x | $673M | ||
| SECTOR BENCH | - | - | - | - | - | 11.9x | 7.8x | 9.0% | 1.3% | 77.7% | 18.1% | 21.9% | 10.7% | 2.0% | 0.5x | - | REF |
TPG RE Finance Trust, Inc. (TRTX) receives a "Reduce" rating with a composite score of 40.3/100. It ranks #3500 out of 7,333 stocks in our coverage universe and carries a 2-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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Lagging peers — losers tend to keep underperforming
Expensive relative to fundamentals — limited margin of safety
Weak fundamentals — higher risk of value trap
Low volatility — smoother ride and historically better risk-adjusted returns
Moderate investment profile
Mid-range overall rating
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Relative valuation derived from Finance, Insurance, And Real Estate sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
Projection based on user-defined inputs. Re-calculated daily against current market data.
Reverse DCF Framework — Mauboussin Methodology
Institutional-grade Reverse DCF analysis. This model identifies the growth hurdles embedded in current market prices. When implied growth is significantly lower than historical or projected rates, a margin of safety may exist. Re-audited daily.
No analyst ratings for TRTX.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 23 | 5 | +18ALPHA |
| MOMENTUM | 39 | 38 | +1NEUTRAL |
| VALUATION | 35 | 32 | +3NEUTRAL |
| INVESTMENT | 35 | 62 | -27DRAG |
| STABILITY | 67 | 75 | -8DRAG |
| SHORT INT | 57 | 70 | -13DRAG |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROIC 1.9% vs WACC 5.8% (spread -3.9%)
GM 0% vs sector 78%, OM 73% vs sector 18%
Capital turnover 0.03x
Rev growth 3%, 8yr history
Interest coverage N/A, Net debt/EBITDA 53.0x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate TPG RE Finance Trust, Inc. (TRTX) as a Reduce with a composite score of 40.3/100 at a current price of $8.36. The quantitative profile shows weakness across multiple dimensions, suggesting limited upside potential.
TPG RE Finance Trust, Inc. holds a top-quartile position (#0 of 50) within the Finance, Insurance, And Real Estate sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 40.3/100 places it at rank #3500 in our full universe.
No Moat
High
Poor
Fair Value
Stable competitive position in a defensive sector.
Leverage of 310% D/E amplifies downside risk.
Below-average quality raises earnings sustainability concerns.
Vulnerability to macroeconomic shocks and interest rate volatility.
TPG RE Finance Trust, Inc. represents a reduce based on multi-factor quantitative performance.
TPG RE Finance Trust, Inc. receives a Reduce rating from our analysis, with a composite score of 40.3/100 and 2 out of 5 stars, ranking #3500 out of 7,333 stocks. TRTX's factor profile shows weakness across multiple dimensions, suggesting the stock may underperform going forward. Existing holders may want to consider trimming positions or tightening stop-losses.
TPG RE Finance Trust, Inc. registers a weak quality score of just 23/100, indicating significant profitability challenges. The company reports a return on equity of 7.3% (sector avg: 9.0%), gross margins of 0.0% (sector avg: 77.7%), net margins of 72.7% (sector avg: 21.9%). Low quality scores are often associated with businesses in turnaround mode, early-stage growth, or structurally challenged industries.
With a value score of 35/100, TRTX appears somewhat expensive relative to its fundamentals. Key valuation metrics include a P/E ratio of 8.45x, an EV/EBITDA of 50.36x, a P/B ratio of 0.62x. Investors paying a premium here are likely betting on above-average growth or margin expansion to justify current prices.
TPG RE Finance Trust, Inc.'s investment score of 35/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 2.8% vs. a sector average of 10.7% and a return on assets of 1.8% (sector: 1.3%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
TRTX is currently showing below-average momentum at 39/100, which may indicate weakening institutional interest or negative sentiment shifts. Revenue growth stands at 2.8% year-over-year, while a beta of 0.64 reflects its sensitivity to broader market moves. Investors should note that declining momentum can precede further price weakness, though contrarian opportunities sometimes emerge at these levels.
TRTX shows good financial stability with a score of 67/100. Key stability metrics include a beta of 0.64 and a debt-to-equity ratio of 310.00x (sector avg: 0.5x). This suggests manageable leverage and moderate price volatility, making it appropriate for investors seeking a balance between growth potential and capital preservation.
The short interest score of 57/100 for TRTX suggests somewhat elevated bearish positioning by institutional traders. Specific risk factors include elevated leverage (D/E: 310.00x), small-cap liquidity risk. With a $673M market cap (small-cap), TPG RE Finance Trust, Inc. may experience above-average volatility. Investors should consider whether the short thesis has merit or if it creates a potential short-squeeze opportunity.
TPG RE Finance Trust, Inc. offers an attractive dividend yield of 11.2%, placing it among the higher-yielding stocks in its peer group. This compares to a sector average dividend yield of 2.0%. A yield this high can provide meaningful income, but investors should verify the payout is sustainable by examining the payout ratio, free cash flow coverage, and any history of dividend cuts.
TPG RE Finance Trust, Inc. is a small-cap company in the Finance, Insurance, And Real Estate sector, ranked #0 of 50 in its sector (100th percentile) and #3500 of 7,333 overall (52nd percentile). Key comparisons include ROE of 7.3% trailing the 9.0% sector median and operating margins of 73.0% above the 18.1% sector average. This top-quartile standing reflects exceptional competitive strength relative to Finance, Insurance, And Real Estate peers.
While TRTX currently exhibits a REDUCE profile, superior opportunities exist within the FINANCE, INSURANCE, AND REAL ESTATE sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Finance, Insurance, And Real Estate Alpha →Quant Factor Profile
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Improvement in Quality (23) would have the largest impact on the composite score.
EV/EBITDA 548% ABOVE SECTOR MEDIAN
ROE 18% BELOW SECTOR MEDIAN
Gross Margin 100% BELOW SECTOR MEDIAN
Above 50MA
37.18%
Net New Highs
+51081

TPG RE Finance Trust (TRTX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Does TPG RE Finance Trust (TRTX) have what it takes to be a top stock pick for momentum investors? Let's find out.

The headline numbers for TPG RE Finance Trust (TRTX) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

TPG RE Finance Trust (TRTX) delivered earnings and revenue surprises of 76.47% and 31.22%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

TPG RE Finance Trust reported mixed Q2 2025 financial results, with distributable earnings per share beating analyst estimates but total distributable earnings falling short. The company originated $695.6 million in new first mortgage loans and maintained its quarterly dividend at $0.24 per share.