Amentum Holdings, Inc. (AMTM) vs Dolby Laboratories (DLB)

Amentum Holdings, Inc. and Dolby Laboratories are both Specialty Business Services companies. Dolby Laboratories is the larger, with a market value of $5.4B against $4.8B — 1.1× the size. Amentum Holdings, Inc. trades at the lower P/E: 23.1× against 24.6×. Amentum Holdings, Inc. grew revenue faster over the last twelve months: 11.4% against 0.55%. Dolby Laboratories has the higher net margin (16.7% vs 1.44%) and the higher return on invested capital (8.06% vs 4.57%). Across the 20 metrics below, Amentum Holdings, Inc. leads on 10 and Dolby Laboratories on 10.

Valuation

Metric AMTM DLB Specialty Business Services median
P/E 23.12 24.61 23.86
P/S 0.33 4.07 1.06
P/B 0.98 2.13 2.37
Price to free cash flow 9.88 15.28 16.54
EV/EBITDA 7.69 13.96 11.51
EV/Sales 0.57 3.53 1.51
Earnings yield 4.33% 4.06% 2.14%
Free cash flow yield 10.12% 6.54% 1.55%

Profitability

Metric AMTM DLB Specialty Business Services median
Gross margin 10.25% 87.61% 35.31%
Operating margin 4.22% 17.65% 3.43%
Net margin 1.44% 16.70% 1.67%
Free cash flow margin 3.35% 26.66% 3.28%
Return on equity 4.35% 8.69% 0.58%
Return on assets 1.77% 7.12% 0.33%
Return on invested capital 4.57% 8.06% 0.65%

Growth

Metric AMTM DLB Specialty Business Services median
Revenue growth (TTM) 11.44% 0.55% 6.04%
EPS growth (last fiscal year) 130.00% (2.60%) —
Revenue growth, 5-year CAGR — 3.04% 7.66%
Net income growth, 5-year CAGR — 1.97% 0.00%

Health

Metric AMTM DLB Specialty Business Services median
Debt to equity 0.80 0.00 0.21
Current ratio 1.52 3.19 1.62
Net debt to EBITDA 3.47 (2.18) 1.16

Dividend

Metric AMTM DLB Specialty Business Services median
Dividend yield — 1.38% 1.61%
Payout ratio — 0.47 0.00

Size

Metric AMTM DLB Specialty Business Services median
Market cap 4.79b 5.38b 879.14m

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