PowerFleet, Inc. (AIOT) vs Corvex, Inc. (MOVE)

PowerFleet, Inc. and Corvex, Inc. are both Software Infrastructure companies. PowerFleet, Inc. and Corvex, Inc. are of similar size ($379.9M and $378.0M). Corvex, Inc. grew revenue faster over the last twelve months: 843.6% against 15.1%. PowerFleet, Inc. has the higher net margin (−4.16% vs −627.8%) and the higher return on invested capital (2.03% vs −3.04%). Across the 16 metrics below, PowerFleet, Inc. leads on 11 and Corvex, Inc. on 5.

Valuation

Metric AIOT MOVE Software Infrastructure median
P/E n/m n/m 28.02
P/S 0.83 6.65 3.07
P/B 0.78 n/m 3.36
Price to free cash flow n/m n/m 17.12
EV/EBITDA 7.32 n/m 14.91
EV/Sales 1.34 4.03 3.03
Earnings yield (5.00%) (160.24%) 0.13%
Free cash flow yield (0.79%) (68.90%) 1.15%

Profitability

Metric AIOT MOVE Software Infrastructure median
Gross margin 55.74% 12.09% 61.23%
Operating margin 4.86% (610.33%) 0.00%
Net margin (4.16%) (627.82%) 0.00%
Free cash flow margin (0.66%) (458.24%) 1.67%
Return on equity (3.98%) 2,480.53% 0.59%
Return on assets (1.98%) (9.20%) 0.00%
Return on invested capital 2.03% (3.04%) 0.00%

Growth

Metric AIOT MOVE Software Infrastructure median
Revenue growth (TTM) 15.14% 843.62% 13.41%
EPS growth (last fiscal year) 65.12% 44.70% —
Revenue growth, 5-year CAGR 31.33% — 15.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AIOT MOVE Software Infrastructure median
Debt to equity 0.48 0.01 0.06
Current ratio 1.10 1.80 1.55
Net debt to EBITDA 2.36 (0.12) 0.08

Dividend

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

Size

Metric AIOT MOVE Software Infrastructure median
Market cap 379.86m 378.00m 835.96m

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