Alkami Technology, Inc. (ALKT) vs EverCommerce Inc. (EVCM)

Alkami Technology, Inc. and EverCommerce Inc. are both Software Application companies. Alkami Technology, Inc. and EverCommerce Inc. are of similar size ($1.5B and $1.5B). Alkami Technology, Inc. has negative trailing earnings, so its P/E is not meaningful; EverCommerce Inc. trades at 44.7×. Alkami Technology, Inc. grew revenue faster over the last twelve months: 27.1% against 4.18%. EverCommerce Inc. has the higher net margin (5.69% vs −9.21%) and the higher return on invested capital (3.36% vs −3.51%). Across the 19 metrics below, EverCommerce Inc. leads on 16 and Alkami Technology, Inc. on 3.

Valuation

Metric ALKT EVCM Software Application median
P/E n/m 44.72 24.79
P/S 3.01 2.38 2.67
P/B 4.07 1.99 3.01
Price to free cash flow 27.35 19.87 16.59
EV/EBITDA n/m 14.52 14.40
EV/Sales 3.59 3.03 2.62
Earnings yield (3.04%) 2.24% 0.00%
Free cash flow yield 3.66% 5.03% 1.91%

Profitability

Metric ALKT EVCM Software Application median
Gross margin 57.36% 77.82% 67.03%
Operating margin (7.31%) 9.91% 0.00%
Net margin (9.21%) 5.69% 0.00%
Free cash flow margin 11.27% 11.99% 4.32%
Return on equity (12.77%) 4.67% 0.00%
Return on assets (5.40%) 2.45% 0.00%
Return on invested capital (3.51%) 3.36% 0.00%

Growth

Metric ALKT EVCM Software Application median
Revenue growth (TTM) 27.05% 4.18% 12.40%
EPS growth (last fiscal year) (12.20%) 145.45% —
Revenue growth, 5-year CAGR 23.86% 11.78% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ALKT EVCM Software Application median
Debt to equity 0.98 0.73 0.02
Current ratio 2.13 2.14 1.55
Net debt to EBITDA (10.81) 3.05 0.06

Dividend

Metric ALKT EVCM Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric ALKT EVCM Software Application median
Market cap 1.52b 1.47b 396.11m

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