Rithm Capital (RITM) Trades at 0.76 Times Book Value. Should You Buy It?
Rithm Capital (RITM) closed at $8.50 on October 13, down 17.5% over six months. The company, a global asset manager, trades at 0.76 times book value, the lowest in its sector. Q3 earnings fell 81.9% YoY, with an operating margin of 7.94% and debt at 387.64% of equity. The stock trades at 15.70x trailing earnings and 4.06x forward estimates.



