PowerFleet, Inc. (AIOT) vs Allot Ltd. (ALLT)

PowerFleet, Inc. and Allot Ltd. are both Software Infrastructure companies. Allot Ltd. is the larger, with a market value of $425.0M against $379.9M — 1.1× the size. PowerFleet, Inc. has negative trailing earnings, so its P/E is not meaningful; Allot Ltd. trades at 39.5×. PowerFleet, Inc. grew revenue faster over the last twelve months: 15.1% against 14.3%. Allot Ltd. has the higher net margin (9.40% vs −4.16%) and the higher return on invested capital (10.3% vs 2.03%). Across the 19 metrics below, Allot Ltd. leads on 13 and PowerFleet, Inc. on 6.

Valuation

Metric AIOT ALLT Software Infrastructure median
P/E n/m 39.50 28.02
P/S 0.83 3.92 3.07
P/B 0.78 3.77 3.36
Price to free cash flow n/m 14.77 17.12
EV/EBITDA 7.32 38.02 14.91
EV/Sales 1.34 3.60 3.03
Earnings yield (5.00%) 2.53% 0.13%
Free cash flow yield (0.79%) 6.77% 1.15%

Profitability

Metric AIOT ALLT Software Infrastructure median
Gross margin 55.74% 71.30% 61.23%
Operating margin 4.86% 6.74% 0.00%
Net margin (4.16%) 9.40% 0.00%
Free cash flow margin (0.66%) 26.54% 1.67%
Return on equity (3.98%) 0.00% 0.59%
Return on assets (1.98%) 5.73% 0.00%
Return on invested capital 2.03% 10.30% 0.00%

Growth

Metric AIOT ALLT Software Infrastructure median
Revenue growth (TTM) 15.14% 14.28% 13.41%
EPS growth (last fiscal year) 65.12% 153.33% —
Revenue growth, 5-year CAGR 31.33% (5.58%) 15.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AIOT ALLT Software Infrastructure median
Debt to equity 0.48 0.00 0.06
Current ratio 1.10 2.26 1.55
Net debt to EBITDA 2.36 (8.60) 0.08

Dividend

Metric AIOT ALLT Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric AIOT ALLT Software Infrastructure median
Market cap 379.86m 424.99m 835.96m

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