Arlo Technologies, Inc. (ARLO) vs Aspen Aerogels, Inc. (ASPN)

Arlo Technologies, Inc. and Aspen Aerogels, Inc. are both Building Products & Equipment companies. Arlo Technologies, Inc. is the larger, with a market value of $1.3B against $448.1M — 3.0× the size. Aspen Aerogels, Inc. has negative trailing earnings, so its P/E is not meaningful; Arlo Technologies, Inc. trades at 41.9×. Arlo Technologies, Inc. grew revenue faster over the last twelve months: 15.7% against −49.1%. Arlo Technologies, Inc. has the higher net margin (5.20% vs −62.5%) and the higher return on invested capital (63.0% vs −58.1%). Across the 19 metrics below, Arlo Technologies, Inc. leads on 11 and Aspen Aerogels, Inc. on 8.

Valuation

Metric ARLO ASPN Building Products & Equipment median
P/E 41.93 n/m 23.15
P/S 2.24 2.13 2.02
P/B 8.29 2.24 2.81
Price to free cash flow 19.66 12.51 16.84
EV/EBITDA 56.66 n/m 12.85
EV/Sales 2.02 1.83 2.04
Earnings yield 2.38% (29.48%) 2.76%
Free cash flow yield 5.09% 7.99% 4.23%

Profitability

Metric ARLO ASPN Building Products & Equipment median
Gross margin 45.97% 2.68% 29.19%
Operating margin 2.66% (61.04%) 6.99%
Net margin 5.20% (62.45%) 4.05%
Free cash flow margin 11.39% 17.01% 7.60%
Return on equity 22.07% (50.36%) 9.28%
Return on assets 8.80% (27.49%) 2.88%
Return on invested capital 63.02% (58.13%) 5.16%

Growth

Metric ARLO ASPN Building Products & Equipment median
Revenue growth (TTM) 15.65% (49.12%) 3.11%
EPS growth (last fiscal year) 145.16% (2,882.35%) (34.13%)
Revenue growth, 5-year CAGR 8.19% 22.01% 5.37%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ARLO ASPN Building Products & Equipment median
Debt to equity 0.00 0.49 0.43
Current ratio 1.40 2.52 1.82
Net debt to EBITDA (22.67) 0.16 0.98

Dividend

Metric ARLO ASPN Building Products & Equipment median
Dividend yield — — 1.43%
Payout ratio — — 0.29

Size

Metric ARLO ASPN Building Products & Equipment median
Market cap 1.34b 448.14m 1.17b

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