Amprius Technologies, Inc. (AMPX) vs Hayward Holdings, Inc. (HAYW)

Amprius Technologies, Inc. and Hayward Holdings, Inc. are both Electrical Equipment & Parts companies. Hayward Holdings, Inc. is the larger, with a market value of $2.7B against $1.4B — 1.9× the size. Amprius Technologies, Inc. has negative trailing earnings, so its P/E is not meaningful; Hayward Holdings, Inc. trades at 16.8×. Amprius Technologies, Inc. grew revenue faster over the last twelve months: 143.6% against 7.78%. Hayward Holdings, Inc. has the higher net margin (13.8% vs −35.2%) and the higher return on invested capital (7.43% vs −50.3%). Across the 19 metrics below, Hayward Holdings, Inc. leads on 15 and Amprius Technologies, Inc. on 4.

Valuation

Metric AMPX HAYW Electrical Equipment & Parts median
P/E n/m 16.84 36.10
P/S 12.81 2.34 2.73
P/B 11.13 1.71 3.57
Price to free cash flow n/m 13.38 33.31
EV/EBITDA n/m 10.43 18.07
EV/Sales 12.12 2.75 2.75
Earnings yield (2.97%) 5.94% (5.84%)
Free cash flow yield (4.15%) 7.47% 0.00%

Profitability

Metric AMPX HAYW Electrical Equipment & Parts median
Gross margin 22.25% 47.95% 25.38%
Operating margin (37.67%) 21.15% 0.00%
Net margin (35.16%) 13.83% 0.00%
Free cash flow margin (53.18%) 17.50% 0.00%
Return on equity (37.97%) 10.41% 0.94%
Return on assets (28.21%) 5.25% (1.50%)
Return on invested capital (50.31%) 7.43% 0.00%

Growth

Metric AMPX HAYW Electrical Equipment & Parts median
Revenue growth (TTM) 143.61% 7.78% 9.28%
EPS growth (last fiscal year) 22.22% 25.93% —
Revenue growth, 5-year CAGR 73.24% 5.09% 9.80%
Net income growth, 5-year CAGR 0.00% 28.60% 0.00%

Health

Metric AMPX HAYW Electrical Equipment & Parts median
Debt to equity 0.00 0.60 0.08
Current ratio 7.17 3.33 2.18
Net debt to EBITDA 2.14 1.90 0.26

Dividend

Metric AMPX HAYW Electrical Equipment & Parts median
Dividend yield — — 0.84%
Payout ratio — 0.00 0.00

Size

Metric AMPX HAYW Electrical Equipment & Parts median
Market cap 1.43b 2.66b 177.98m

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