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 $7.5B against $3.4B — 2.2× the size. Hayward Holdings, Inc. trades at the lower P/E: 20.5× against 25.4×. Advanced Energy Industries, Inc. grew revenue faster over the last twelve months: 31.7% against 7.57%. Hayward Holdings, Inc. has the higher net margin (14.4% vs 12.7%) and the lower return on invested capital (7.73% vs 15.9%). Across the 22 metrics below, Hayward Holdings, Inc. leads on 14 and Advanced Energy Industries, Inc. on 8.

Valuation

Metric AEIS HAYW Electrical Equipment & Parts median
P/E 25.40 20.52 24.14
P/S 3.33 2.92 2.33
P/B 4.75 2.17 2.49
Price to free cash flow 108.15 21.60 22.24
EV/EBITDA 17.09 12.44 12.18
EV/Sales 3.26 3.32 1.79
Earnings yield 3.94% 4.87% (6.07%)
Free cash flow yield 0.92% 4.63% (5.34%)

Profitability

Metric AEIS HAYW Electrical Equipment & Parts median
Gross margin 40.30% 47.98% 29.92%
Operating margin 15.99% 21.64% 0.00%
Net margin 12.72% 14.35% 0.00%
Free cash flow margin 3.08% 13.52% 0.00%
Return on equity 19.93% 10.92% 0.00%
Return on assets 9.49% 5.54% 0.00%
Return on invested capital 15.85% 7.73% 0.00%

Growth

Metric AEIS HAYW Electrical Equipment & Parts median
Revenue growth (TTM) 31.66% 7.57% 10.59%
EPS growth (last fiscal year) 168.53% 25.93% 24.08%
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 0.80 0.60 0.15
Current ratio 3.62 3.33 2.34
Net debt to EBITDA (0.96) 1.90 0.26

Dividend

Metric AEIS HAYW Electrical Equipment & Parts median
Dividend yield 0.21% — 0.33%
Payout ratio 0.06 — 0.09

Size

Metric AEIS HAYW Electrical Equipment & Parts median
Market cap 7.52b 3.41b 159.94m

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