Bluerock Homes Trust, Inc. (BHM) vs FRP Holdings, Inc. (FRPH)
A side-by-side comparison of Bluerock Homes Trust, Inc. and FRP Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — BHM vs FRPH
growth of $100 · dividends reinvested · last 4yBHM vs FRPH: by the numbers
- •FRPH is the larger company ($388M vs $33M market cap).
- •BHM converts more revenue to profit (2.92% vs 0.22% net margin).
- •BHM grew revenue faster over the past five years (56.31% vs 10.52% CAGR).
- •BHM pays a dividend (6.23% yield), while FRPH is a former payer with no current dividend run rate.
Metrics side by side
Valuation
| Metric | BHM | FRPH |
|---|---|---|
| P/E ratio | N/A | 3892.31 |
| P/S ratio | 0.44 | 8.95 |
| P/B ratio | 0.27 | 0.90 |
| EV / EBITDA | 5.24 | 30.57 |
For REITs like Bluerock Homes Trust, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | BHM | FRPH |
|---|---|---|
| Gross margin | -56.93% | 15.69% |
| Operating margin | -33.84% | 11.57% |
| Net margin | 2.92% | 0.22% |
| ROE | 0.79% | 0.02% |
| ROIC | 2.10% | 0.68% |
Dividends
| Metric | BHM | FRPH |
|---|---|---|
| Dividend yield | 6.23% | N/A |
Bluerock Homes Trust, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | BHM | FRPH |
|---|---|---|
| Revenue CAGR (5Y) | 56.31% | 10.52% |
| EPS CAGR (5Y) | N/A | -23.76% |
| FCF CAGR (5Y) | -4.47% | N/A |
| Total return CAGR (5Y) | N/A | -6.35% |
Frequently asked
- Which has grown faster, BHM or FRPH?
- Over the past five years, BHM grew revenue faster — BHM at a 56.31% CAGR versus FRPH at 10.52%.
- Does BHM or FRPH pay a bigger dividend?
- BHM pays a dividend (6.23% yield), while FRPH is a former payer with no current dividend run rate.
- Is BHM or FRPH more profitable?
- BHM runs the higher net margin — BHM at 2.92% versus FRPH at 0.22%.
Go deeper
Dig into the metrics
Bluerock Homes Trust & FRP appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.