ADTRAN Holdings, Inc. (ADTN) vs Vistance Networks, Inc. (VISN)

ADTRAN Holdings, Inc. and Vistance Networks, Inc. are both Communication Equipment companies. Vistance Networks, Inc. is the larger, with a market value of $1.5B against $563.5M — 2.6× the size. ADTRAN Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; Vistance Networks, Inc. trades at 0.2×. Vistance Networks, Inc. grew revenue faster over the last twelve months: 1,333.2% against 15.8%. Vistance Networks, Inc. has the higher net margin (359.2% vs −2.29%) and the higher return on invested capital (1.85% vs −0.55%). Across the 20 metrics below, Vistance Networks, Inc. leads on 15 and ADTRAN Holdings, Inc. on 5.

Valuation

Metric ADTN VISN Communication Equipment median
P/E n/m 0.19 33.61
P/S 0.51 0.70 2.16
P/B 4.46 0.56 2.40
Price to free cash flow 25.02 16.25 25.02
EV/EBITDA 6.98 38.36 13.78
EV/Sales 0.61 4.91 2.27
Earnings yield (3.92%) 516.88% (0.65%)
Free cash flow yield 4.00% 6.15% 1.61%

Profitability

Metric ADTN VISN Communication Equipment median
Gross margin 38.46% 47.58% 39.47%
Operating margin (0.18%) 3.53% 2.39%
Net margin (2.29%) 359.19% (0.74%)
Free cash flow margin 2.03% 4.32% 1.39%
Return on equity (17.44%) 22,155.21% (1.91%)
Return on assets (2.20%) 128.51% (0.20%)
Return on invested capital (0.55%) 1.85% 0.72%

Growth

Metric ADTN VISN Communication Equipment median
Revenue growth (TTM) 15.75% 1,333.21% 11.48%
EPS growth (last fiscal year) 90.83% 641.01% —
Revenue growth, 5-year CAGR 16.43% (25.53%) 4.92%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ADTN VISN Communication Equipment median
Debt to equity 1.69 0.00 0.06
Current ratio 1.79 2.57 2.01
Net debt to EBITDA 1.11 20.04 0.67

Dividend

Metric ADTN VISN Communication Equipment median
Dividend yield 2.81% — 2.63%
Payout ratio 9.00 0.00 0.00

Size

Metric ADTN VISN Communication Equipment median
Market cap 563.45m 1.45b 563.45m

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