Array Digital Infrastructure Inc. (AD) vs Liberty Global Ltd (LBTYA)

Array Digital Infrastructure Inc. and Liberty Global Ltd are both Telecom Services companies. Array Digital Infrastructure Inc. and Liberty Global Ltd are of similar size ($3.2B and $3.0B). Liberty Global Ltd has negative trailing earnings, so its P/E is not meaningful; Array Digital Infrastructure Inc. trades at 5.6×. Array Digital Infrastructure Inc. grew revenue faster over the last twelve months: 112.4% against 5.43%. Array Digital Infrastructure Inc. has the higher net margin (250.8% vs −62.1%) and the higher return on invested capital (20.8% vs −0.35%). Across the 20 metrics below, Array Digital Infrastructure Inc. leads on 12 and Liberty Global Ltd on 8.

Valuation

Metric AD LBTYA Telecom Services median
P/E 5.57 n/m 13.27
P/S 13.97 0.66 0.95
P/B 2.35 0.34 1.47
Price to free cash flow n/m 7.60 8.72
EV/EBITDA 5.75 8.92 6.85
EV/Sales 15.26 1.87 1.87
Earnings yield 17.95% (94.50%) 1.66%
Free cash flow yield (11.41%) 13.17% 5.53%

Profitability

Metric AD LBTYA Telecom Services median
Gross margin 58.36% 48.78% 51.26%
Operating margin 241.34% (1.78%) 7.62%
Net margin 250.79% (62.14%) 4.22%
Free cash flow margin (159.33%) 8.66% 4.73%
Return on equity 18.20% (26.78%) 5.80%
Return on assets 7.79% (12.46%) 0.00%
Return on invested capital 20.82% (0.35%) 3.41%

Growth

Metric AD LBTYA Telecom Services median
Revenue growth (TTM) 112.42% 5.43% 3.31%
EPS growth (last fiscal year) 221.74% (593.14%) —
Revenue growth, 5-year CAGR (47.37%) (15.83%) 1.50%
Net income growth, 5-year CAGR (26.61%) 0.00% 0.00%

Health

Metric AD LBTYA Telecom Services median
Debt to equity 0.54 0.88 0.63
Current ratio 0.95 1.28 1.13
Net debt to EBITDA (12.67) 6.04 1.86

Dividend

Metric AD LBTYA Telecom Services median
Dividend yield — — 4.06%
Payout ratio 0.00 0.00 0.00

Size

Metric AD LBTYA Telecom Services median
Market cap 2.98b 3.22b 3.06b

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