Airgain, Inc. (AIRG) vs Inseego (INSG)

Airgain, Inc. and Inseego are both Communication Equipment companies. Airgain, Inc. and Inseego are of similar size ($68.8M and $65.7M). Inseego grew revenue faster over the last twelve months: −0.81% against −9.62%. Inseego has the higher net margin (1.27% vs −13.7%) and the lower return on invested capital (−25.7% vs −20.7%). Across the 17 metrics below, Inseego leads on 9 and Airgain, Inc. on 8.

Valuation

Metric AIRG INSG Communication Equipment median
P/E n/m n/m 33.61
P/S 1.29 0.36 2.16
P/B 2.25 n/m 2.40
Price to free cash flow n/m n/m 25.02
EV/EBITDA n/m 122.90 13.78
EV/Sales 1.15 0.67 2.27
Earnings yield (10.89%) (21.33%) (0.65%)
Free cash flow yield (4.49%) (37.07%) 1.61%

Profitability

Metric AIRG INSG Communication Equipment median
Gross margin 43.44% 41.10% 39.47%
Operating margin (13.99%) (4.25%) 2.39%
Net margin (13.65%) 1.27% (0.74%)
Free cash flow margin (5.77%) (11.53%) 1.39%
Return on equity (23.72%) (10.72%) (1.91%)
Return on assets (15.18%) 2.54% (0.20%)
Return on invested capital (20.69%) (25.71%) 0.72%

Growth

Metric AIRG INSG Communication Equipment median
Revenue growth (TTM) (9.62%) (0.81%) 11.48%
EPS growth (last fiscal year) 31.65% (280.00%) —
Revenue growth, 5-year CAGR 1.32% (11.94%) 4.92%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AIRG INSG Communication Equipment median
Debt to equity 0.00 (1.65) 0.06
Current ratio 2.01 1.07 2.01
Net debt to EBITDA 1.54 1.33 0.67

Dividend

Metric AIRG INSG Communication Equipment median
Dividend yield — — 2.63%
Payout ratio 0.00 0.00 0.00

Size

Metric AIRG INSG Communication Equipment median
Market cap 68.78m 65.68m 563.45m

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