ACI Worldwide, Inc. (ACIW) vs Core Scientific, Inc. (CORZ)

ACI Worldwide, Inc. and Core Scientific, Inc. are both Software Infrastructure companies. Core Scientific, Inc. is the larger, with a market value of $5.9B against $5.0B — 1.2× the size. Core Scientific, Inc. has negative trailing earnings, so its P/E is not meaningful; ACI Worldwide, Inc. trades at 22.5×. Core Scientific, Inc. grew revenue faster over the last twelve months: 26.4% against 7.03%. ACI Worldwide, Inc. has the higher net margin (12.4% vs −487.8%) and the higher return on invested capital (9.84% vs 0.00%). Across the 18 metrics below, ACI Worldwide, Inc. leads on 12 and Core Scientific, Inc. on 6.

Valuation

Metric ACIW CORZ Software Infrastructure median
P/E 22.50 n/m 28.02
P/S 2.76 12.83 3.07
P/B 3.36 n/m 3.36
Price to free cash flow 17.65 n/m 17.12
EV/EBITDA 12.68 n/m 14.91
EV/Sales 3.12 18.20 3.03
Earnings yield 4.44% (24.41%) 0.13%
Free cash flow yield 5.67% (21.14%) 1.15%

Profitability

Metric ACIW CORZ Software Infrastructure median
Gross margin 49.08% 28.35% 61.23%
Operating margin 18.61% (127.45%) 0.00%
Net margin 12.40% (487.78%) 0.00%
Free cash flow margin 15.64% (271.34%) 1.67%
Return on equity 15.62% 123.29% 0.59%
Return on assets 7.24% (59.37%) 0.00%
Return on invested capital 9.84% 0.00% 0.00%

Growth

Metric ACIW CORZ Software Infrastructure median
Revenue growth (TTM) 7.03% 26.37% 13.41%
EPS growth (last fiscal year) 13.09% 79.95% —
Revenue growth, 5-year CAGR 6.34% 39.53% 15.81%
Net income growth, 5-year CAGR 25.55% 0.00% 0.00%

Health

Metric ACIW CORZ Software Infrastructure median
Debt to equity 0.55 (1.78) 0.06
Current ratio 1.58 0.89 1.55
Net debt to EBITDA 1.42 (4.70) 0.08

Dividend

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

Size

Metric ACIW CORZ Software Infrastructure median
Market cap 5.01b 5.89b 835.96m

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