Amplitude, Inc. (AMPL) vs EverCommerce Inc. (EVCM)

Amplitude, Inc. and EverCommerce Inc. are both Software Application companies. Amplitude, Inc. is the larger, with a market value of $1.7B against $1.5B — 1.2× the size. Amplitude, Inc. has negative trailing earnings, so its P/E is not meaningful; EverCommerce Inc. trades at 44.7×. Amplitude, Inc. grew revenue faster over the last twelve months: 18.3% against 4.18%. EverCommerce Inc. has the higher net margin (5.69% vs −26.6%) and the higher return on invested capital (3.36% vs 0.00%). Across the 19 metrics below, EverCommerce Inc. leads on 15 and Amplitude, Inc. on 4.

Valuation

Metric AMPL EVCM Software Application median
P/E n/m 44.72 24.79
P/S 4.60 2.38 2.67
P/B 12.63 1.99 3.01
Price to free cash flow 68.57 19.87 16.59
EV/EBITDA n/m 14.52 14.40
EV/Sales 4.22 3.03 2.62
Earnings yield (5.64%) 2.24% 0.00%
Free cash flow yield 1.46% 5.03% 1.91%

Profitability

Metric AMPL EVCM Software Application median
Gross margin 72.42% 77.82% 67.03%
Operating margin (27.79%) 9.91% 0.00%
Net margin (26.59%) 5.69% 0.00%
Free cash flow margin 6.70% 11.99% 4.32%
Return on equity (47.89%) 4.67% 0.00%
Return on assets (24.48%) 2.45% 0.00%
Return on invested capital 0.00% 3.36% 0.00%

Growth

Metric AMPL EVCM Software Application median
Revenue growth (TTM) 18.26% 4.18% 12.40%
EPS growth (last fiscal year) 11.84% 145.45% —
Revenue growth, 5-year CAGR 27.35% 11.78% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AMPL EVCM Software Application median
Debt to equity 0.00 0.73 0.02
Current ratio 1.05 2.14 1.55
Net debt to EBITDA 2.22 3.05 0.06

Dividend

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

Size

Metric AMPL EVCM Software Application median
Market cap 1.71b 1.47b 396.11m

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