PowerFleet, Inc. (AIOT) vs i3 Verticals, Inc. (IIIV)

PowerFleet, Inc. and i3 Verticals, Inc. are both Software Infrastructure companies. PowerFleet, Inc. and i3 Verticals, Inc. are of similar size ($398.3M and $379.9M). PowerFleet, Inc. has negative trailing earnings, so its P/E is not meaningful; i3 Verticals, Inc. trades at 37.2×. PowerFleet, Inc. grew revenue faster over the last twelve months: 15.1% against 14.7%. i3 Verticals, Inc. has the higher net margin (3.90% vs −4.16%) and the lower return on invested capital (0.72% vs 2.03%). Across the 19 metrics below, i3 Verticals, Inc. leads on 11 and PowerFleet, Inc. on 8.

Valuation

Metric AIOT IIIV Software Infrastructure median
P/E n/m 37.20 28.02
P/S 0.83 1.32 3.07
P/B 0.78 0.72 3.36
Price to free cash flow n/m 6.89 17.12
EV/EBITDA 7.32 11.93 14.91
EV/Sales 1.34 1.96 3.03
Earnings yield (5.00%) 2.69% 0.13%
Free cash flow yield (0.79%) 14.51% 1.15%

Profitability

Metric AIOT IIIV Software Infrastructure median
Gross margin 55.74% 100.00% 61.23%
Operating margin 4.86% 2.72% 0.00%
Net margin (4.16%) 3.90% 0.00%
Free cash flow margin (0.66%) 19.22% 1.67%
Return on equity (3.98%) 1.87% 0.59%
Return on assets (1.98%) 1.36% 0.00%
Return on invested capital 2.03% 0.72% 0.00%

Growth

Metric AIOT IIIV Software Infrastructure median
Revenue growth (TTM) 15.14% 14.65% 13.41%
EPS growth (last fiscal year) 65.12% (84.91%) —
Revenue growth, 5-year CAGR 31.33% 7.26% 15.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AIOT IIIV Software Infrastructure median
Debt to equity 0.48 0.29 0.06
Current ratio 1.10 1.21 1.55
Net debt to EBITDA 2.36 (1.93) 0.08

Dividend

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

Size

Metric AIOT IIIV Software Infrastructure median
Market cap 379.86m 398.25m 835.96m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack