HASI vs. SBAC: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at HASI and SBAC, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
A key difference in structure is that HASI is a conventional stock, whereas SBAC is a Real Estate Investment Trust (REIT), a company that primarily invests in income-generating real estate.
| Symbol | HASI | SBAC |
|---|---|---|
| Company Name | HA Sustainable Infrastructure Capital, Inc. | SBA Communications Corporation |
| Country | United States | United States |
| GICS Sector | Financials | Real Estate |
| GICS Industry | Mortgage Real Estate Investment Trusts (REITs) | Specialized REITs |
| Market Capitalization | 3.48 billion USD | 22.35 billion USD |
| Exchange | NYSE | NasdaqGS |
| Listing Date | April 18, 2013 | June 16, 1999 |
| Security Type | Common Stock | REIT |
Historical Performance
This chart compares the performance of HASI and SBAC by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | HASI | SBAC |
|---|---|---|
| 5-Day Price Return | 2.38% | -5.78% |
| 13-Week Price Return | 9.50% | -9.90% |
| 26-Week Price Return | -0.11% | -2.29% |
| 52-Week Price Return | -15.84% | -8.53% |
| Month-to-Date Return | 7.86% | -7.38% |
| Year-to-Date Return | 4.40% | 2.12% |
| 10-Day Avg. Volume | 1.01M | 0.84M |
| 3-Month Avg. Volume | 1.33M | 0.80M |
| 3-Month Volatility | 36.82% | 22.78% |
| Beta | 1.63 | 0.82 |
Profitability
Return on Equity (TTM)
HASI
8.66%
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 11.10%
- Q3
- 8.57%
- Median
- 5.68%
- Q1
- 4.39%
- Min
- 3.80%
In the upper quartile for the Mortgage Real Estate Investment Trusts (REITs) industry, HASI’s Return on Equity of 8.66% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
SBAC
-1.71%
Specialized REITs Industry
- Max
- 37.66%
- Q3
- 20.19%
- Median
- 8.96%
- Q1
- 6.32%
- Min
- -1.71%
SBAC has a negative Return on Equity of -1.71%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
Net Profit Margin (TTM)
HASI
56.17%
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 17.60%
- Q3
- 17.25%
- Median
- 14.85%
- Q1
- 12.08%
- Min
- 11.08%
HASI’s Net Profit Margin of 56.17% is exceptionally high, placing it well beyond the typical range for the Mortgage Real Estate Investment Trusts (REITs) industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.
SBAC
32.25%
Specialized REITs Industry
- Max
- 67.81%
- Q3
- 40.70%
- Median
- 25.91%
- Q1
- 11.01%
- Min
- 1.95%
In the Specialized REITs industry, Net Profit Margin is often not the primary profitability metric.
Operating Profit Margin (TTM)
HASI
78.12%
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 19.58%
- Q3
- 19.03%
- Median
- 13.59%
- Q1
- 6.14%
- Min
- -4.62%
HASI’s Operating Profit Margin of 78.12% is exceptionally high, placing it well above the typical range for the Mortgage Real Estate Investment Trusts (REITs) industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.
SBAC
52.34%
Specialized REITs Industry
- Max
- 107.13%
- Q3
- 55.10%
- Median
- 41.03%
- Q1
- 17.97%
- Min
- 5.94%
In the Specialized REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.
Profitability at a Glance
| Symbol | HASI | SBAC |
|---|---|---|
| Return on Equity (TTM) | 8.66% | -1.71% |
| Return on Assets (TTM) | 2.85% | 8.21% |
| Net Profit Margin (TTM) | 56.17% | 32.25% |
| Operating Profit Margin (TTM) | 78.12% | 52.34% |
| Gross Profit Margin (TTM) | 27.47% | 76.94% |
Financial Strength
Current Ratio (MRQ)
HASI
10.81
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 11.04
- Q3
- 7.72
- Median
- 0.46
- Q1
- 0.10
- Min
- 0.01
For the Mortgage Real Estate Investment Trusts (REITs) industry, the Current Ratio is often not the most suitable measure of short-term liquidity.
SBAC
0.37
Specialized REITs Industry
- Max
- 1.74
- Q3
- 1.13
- Median
- 0.59
- Q1
- 0.35
- Min
- 0.09
SBAC’s Current Ratio of 0.37 aligns with the median group of the Specialized REITs industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio (MRQ)
HASI
1.88
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 8.75
- Q3
- 5.74
- Median
- 4.15
- Q1
- 3.08
- Min
- 1.97
The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Mortgage Real Estate Investment Trusts (REITs) industry.
SBAC
43.14
Specialized REITs Industry
- Max
- 4.54
- Q3
- 3.26
- Median
- 1.09
- Q1
- 0.58
- Min
- 0.16
With a Debt-to-Equity Ratio of 43.14, SBAC operates with exceptionally high leverage compared to the Specialized REITs industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
Interest Coverage Ratio (TTM)
HASI
--
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- --
- Q3
- --
- Median
- --
- Q1
- --
- Min
- --
The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Mortgage Real Estate Investment Trusts (REITs) industry.
SBAC
2.90
Specialized REITs Industry
- Max
- 5.24
- Q3
- 4.05
- Median
- 2.99
- Q1
- 2.10
- Min
- 1.28
SBAC’s Interest Coverage Ratio of 2.90 is positioned comfortably within the norm for the Specialized REITs industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | HASI | SBAC |
|---|---|---|
| Current Ratio (MRQ) | 10.81 | 0.37 |
| Quick Ratio (MRQ) | 10.81 | 0.35 |
| Debt-to-Equity Ratio (MRQ) | 1.88 | 43.14 |
| Interest Coverage Ratio (TTM) | -- | 2.90 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
HASI
5.83%
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 17.47%
- Q3
- 12.78%
- Median
- 11.37%
- Q1
- 8.85%
- Min
- 6.08%
HASI’s Dividend Yield of 5.83% is below the typical range for the Mortgage Real Estate Investment Trusts (REITs) industry. This indicates that shareholder returns are likely driven more by potential capital appreciation than by dividend income.
SBAC
1.91%
Specialized REITs Industry
- Max
- 7.06%
- Q3
- 5.09%
- Median
- 4.51%
- Q1
- 3.18%
- Min
- 1.78%
SBAC’s Dividend Yield of 1.91% is in the lower quartile for the Specialized REITs industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
Dividend Payout Ratio (TTM)
HASI
67.75%
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 218.61%
- Q3
- 198.43%
- Median
- 175.73%
- Q1
- 125.71%
- Min
- 53.82%
HASI’s Dividend Payout Ratio of 67.75% is in the lower quartile for the Mortgage Real Estate Investment Trusts (REITs) industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.
SBAC
51.48%
Specialized REITs Industry
- Max
- 295.93%
- Q3
- 182.11%
- Median
- 119.31%
- Q1
- 65.42%
- Min
- 43.86%
SBAC’s Dividend Payout Ratio of 51.48% is in the lower quartile for the Specialized REITs industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.
Dividend at a Glance
| Symbol | HASI | SBAC |
|---|---|---|
| Dividend Yield (TTM) | 5.83% | 1.91% |
| Dividend Payout Ratio (TTM) | 67.75% | 51.48% |
Valuation
Price-to-Earnings Ratio (TTM)
HASI
16.81
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 26.29
- Q3
- 21.76
- Median
- 14.96
- Q1
- 10.32
- Min
- 9.23
The P/E Ratio is often not the primary metric for valuation in the Mortgage Real Estate Investment Trusts (REITs) industry.
SBAC
26.92
Specialized REITs Industry
- Max
- 85.59
- Q3
- 64.69
- Median
- 29.09
- Q1
- 18.22
- Min
- 8.79
The P/E Ratio is often not the primary metric for valuation in the Specialized REITs industry.
Price-to-Sales Ratio (TTM)
HASI
9.44
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 3.93
- Q3
- 3.42
- Median
- 2.26
- Q1
- 1.84
- Min
- 1.37
With a P/S Ratio of 9.44, HASI trades at a valuation that eclipses even the highest in the Mortgage Real Estate Investment Trusts (REITs) industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
SBAC
8.68
Specialized REITs Industry
- Max
- 14.35
- Q3
- 9.60
- Median
- 8.74
- Q1
- 5.61
- Min
- 1.63
SBAC’s P/S Ratio of 8.68 aligns with the market consensus for the Specialized REITs industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
HASI
1.30
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 1.04
- Q3
- 0.99
- Median
- 0.91
- Q1
- 0.81
- Min
- 0.74
At 1.30, HASI’s P/B Ratio is at an extreme premium to the Mortgage Real Estate Investment Trusts (REITs) industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
SBAC
82.55
Specialized REITs Industry
- Max
- 11.33
- Q3
- 5.68
- Median
- 2.69
- Q1
- 1.81
- Min
- 0.71
At 82.55, SBAC’s P/B Ratio is at an extreme premium to the Specialized REITs industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
Valuation at a Glance
| Symbol | HASI | SBAC |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 16.81 | 26.92 |
| Price-to-Sales Ratio (TTM) | 9.44 | 8.68 |
| Price-to-Book Ratio (MRQ) | 1.30 | 82.55 |
| Price-to-Free Cash Flow Ratio (TTM) | 34.03 | 22.28 |