Aeva Technologies, Inc. (AEVA) vs Sabre Corporation (SABR)

Aeva Technologies, Inc. and Sabre Corporation are both Software Infrastructure companies. Aeva Technologies, Inc. is the larger, with a market value of $1.1B against $908.1M — 1.2× the size. Aeva Technologies, Inc. has negative trailing earnings, so its P/E is not meaningful; Sabre Corporation trades at 1.2×. Aeva Technologies, Inc. grew revenue faster over the last twelve months: 56.2% against 7.45%. Sabre Corporation has the higher net margin (25.1% vs −150.1%) and the higher return on invested capital (7.89% vs 0.00%). Across the 17 metrics below, Sabre Corporation leads on 13 and Aeva Technologies, Inc. on 4.

Valuation

Metric AEVA SABR Software Infrastructure median
P/E n/m 1.20 28.02
P/S 46.23 0.31 3.07
P/B 36.27 n/m 3.36
Price to free cash flow n/m n/m 17.12
EV/EBITDA n/m 8.79 14.91
EV/Sales 42.64 1.57 3.03
Earnings yield (2.27%) 83.49% 0.13%
Free cash flow yield (11.68%) (1.88%) 1.15%

Profitability

Metric AEVA SABR Software Infrastructure median
Gross margin 27.22% 31.31% 61.23%
Operating margin (610.95%) 11.34% 0.00%
Net margin (150.12%) 25.14% 0.00%
Free cash flow margin (540.19%) (0.57%) 1.67%
Return on equity 71.53% (50.19%) 0.59%
Return on assets (20.33%) 16.32% 0.00%
Return on invested capital 0.00% 7.89% 0.00%

Growth

Metric AEVA SABR Software Infrastructure median
Revenue growth (TTM) 56.22% 7.45% 13.41%
EPS growth (last fiscal year) 10.53% 283.56% —
Revenue growth, 5-year CAGR 14.31% 15.74% 15.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AEVA SABR Software Infrastructure median
Debt to equity 3.52 (4.09) 0.06
Current ratio 7.85 1.02 1.55
Net debt to EBITDA 0.21 7.34 0.08

Dividend

Metric AEVA SABR Software Infrastructure median
Dividend yield — 0.48% 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric AEVA SABR Software Infrastructure median
Market cap 1.11b 908.06m 835.96m

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