ACI Worldwide, Inc. (ACIW) vs Bullish (BLSH)

ACI Worldwide, Inc. and Bullish are both Software Infrastructure companies. Bullish is the larger, with a market value of $6.0B against $5.0B — 1.2× the size. Bullish has negative trailing earnings, so its P/E is not meaningful; ACI Worldwide, Inc. trades at 22.5×. ACI Worldwide, Inc. grew revenue faster over the last twelve months: 7.03% against −26.5%. ACI Worldwide, Inc. has the higher net margin (12.4% vs −0.72%) and the higher return on invested capital (9.84% vs −56.9%). Across the 18 metrics below, ACI Worldwide, Inc. leads on 12 and Bullish on 6.

Valuation

Metric ACIW BLSH Software Infrastructure median
P/E 22.50 n/m 28.02
P/S 2.76 0.03 3.07
P/B 3.36 2.32 3.36
Price to free cash flow 17.65 49.01 17.12
EV/EBITDA 12.68 n/m 14.91
EV/Sales 3.12 0.03 3.03
Earnings yield 4.44% (24.53%) 0.13%
Free cash flow yield 5.67% 2.04% 1.15%

Profitability

Metric ACIW BLSH Software Infrastructure median
Gross margin 49.08% 0.16% 61.23%
Operating margin 18.61% (0.78%) 0.00%
Net margin 12.40% (0.72%) 0.00%
Free cash flow margin 15.64% 0.06% 1.67%
Return on equity 15.62% (55.08%) 0.59%
Return on assets 7.24% (43.56%) 0.00%
Return on invested capital 9.84% (56.90%) 0.00%

Growth

Metric ACIW BLSH Software Infrastructure median
Revenue growth (TTM) 7.03% (26.47%) 13.41%
EPS growth (last fiscal year) 13.09% (991.95%) —
Revenue growth, 5-year CAGR 6.34% — 15.81%
Net income growth, 5-year CAGR 25.55% — 0.00%

Health

Metric ACIW BLSH Software Infrastructure median
Debt to equity 0.55 0.20 0.06
Current ratio 1.58 23.52 1.55
Net debt to EBITDA 1.42 1.40 0.08

Dividend

Metric ACIW BLSH Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio 0.00 — 0.00

Size

Metric ACIW BLSH Software Infrastructure median
Market cap 5.01b 5.97b 835.96m

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