Advanced Energy Industries, Inc. (AEIS) vs Hayward Holdings, Inc. (HAYW)

Advanced Energy Industries, Inc. and Hayward Holdings, Inc. are both Electrical Equipment & Parts companies. Advanced Energy Industries, Inc. is the larger, with a market value of $10.1B against $2.5B — 4.1× the size. Hayward Holdings, Inc. trades at the lower P/E: 15.7× against 41.2×. Advanced Energy Industries, Inc. grew revenue faster over the last twelve months: 24.6% against 7.78%. Hayward Holdings, Inc. has the higher net margin (13.8% vs 10.8%) and the lower return on invested capital (7.43% vs 12.7%). Across the 22 metrics below, Hayward Holdings, Inc. leads on 15 and Advanced Energy Industries, Inc. on 7.

Valuation

Metric AEIS HAYW Electrical Equipment & Parts median
P/E 41.19 15.72 31.20
P/S 4.54 2.19 2.28
P/B 6.36 1.59 3.19
Price to free cash flow 106.81 12.49 27.15
EV/EBITDA 27.21 9.84 15.80
EV/Sales 4.48 2.59 2.38
Earnings yield 2.43% 6.36% (5.87%)
Free cash flow yield 0.94% 8.00% 0.00%

Profitability

Metric AEIS HAYW Electrical Equipment & Parts median
Gross margin 39.28% 47.95% 25.38%
Operating margin 13.21% 21.15% 0.00%
Net margin 10.77% 13.83% 0.00%
Free cash flow margin 4.25% 17.50% 0.00%
Return on equity 16.17% 10.41% 0.14%
Return on assets 7.56% 5.25% (1.50%)
Return on invested capital 12.71% 7.43% 0.00%

Growth

Metric AEIS HAYW Electrical Equipment & Parts median
Revenue growth (TTM) 24.58% 7.78% 7.92%
EPS growth (last fiscal year) 168.53% 25.93% 27.37%
Revenue growth, 5-year CAGR 4.90% 5.09% 9.92%
Net income growth, 5-year CAGR 1.96% 28.60% 0.00%

Health

Metric AEIS HAYW Electrical Equipment & Parts median
Debt to equity 0.87 0.60 0.16
Current ratio 3.79 3.33 2.31
Net debt to EBITDA (0.96) 1.90 0.26

Dividend

Metric AEIS HAYW Electrical Equipment & Parts median
Dividend yield 0.17% — 0.48%
Payout ratio 0.07 — 0.10

Size

Metric AEIS HAYW Electrical Equipment & Parts median
Market cap 10.10b 2.49b 157.22m

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