PowerFleet, Inc. (AIOT) vs Rimini Street, Inc. (RMNI)

PowerFleet, Inc. and Rimini Street, Inc. are both Software Application companies. Rimini Street, Inc. is the larger, with a market value of $459.8M against $387.9M — 1.2× the size. PowerFleet, Inc. has negative trailing earnings, so its P/E is not meaningful; Rimini Street, Inc. trades at 39.2×. PowerFleet, Inc. grew revenue faster over the last twelve months: 15.1% against 2.92%. Rimini Street, Inc. has the higher net margin (2.51% vs −4.16%) and the lower return on invested capital (0.00% vs 2.03%). Across the 18 metrics below, Rimini Street, Inc. leads on 11 and PowerFleet, Inc. on 7.

Valuation

Metric AIOT RMNI Software Application median
P/E n/m 39.16 25.60
P/S 0.88 1.03 3.06
P/B 0.82 n/m 2.63
Price to free cash flow n/m 20.24 18.02
EV/EBITDA 7.58 11.19 15.42
EV/Sales 1.39 0.92 2.96
Earnings yield (4.73%) 2.55% 0.00%
Free cash flow yield (0.75%) 4.94% 1.94%

Profitability

Metric AIOT RMNI Software Application median
Gross margin 55.74% 60.45% 67.03%
Operating margin 4.86% 5.93% 0.00%
Net margin (4.16%) 2.51% 0.00%
Free cash flow margin (0.66%) 5.10% 5.23%
Return on equity (3.98%) (56.72%) 0.00%
Return on assets (1.98%) 3.11% 0.00%
Return on invested capital 2.03% 0.00% 0.00%

Growth

Metric AIOT RMNI Software Application median
Revenue growth (TTM) 15.14% 2.92% 12.43%
EPS growth (last fiscal year) 65.12% 197.50% 32.11%
Revenue growth, 5-year CAGR 31.33% 5.22% 14.34%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AIOT RMNI Software Application median
Debt to equity 0.48 (3.62) 0.03
Current ratio 1.10 0.82 1.51
Net debt to EBITDA 2.36 (0.76) 0.09

Dividend

Metric AIOT RMNI Software Application median
Dividend yield — — 0.94%
Payout ratio — — 0.29

Size

Metric AIOT RMNI Software Application median
Market cap 387.91m 459.77m 459.77m

Compare with another peer

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