Arlo Technologies, Inc. (ARLO) vs Limbach Holdings, Inc. (LMB)

Arlo Technologies, Inc. and Limbach Holdings, Inc. are both Building Products & Equipment companies. Arlo Technologies, Inc. is the larger, with a market value of $1.4B against $612.1M — 2.3× the size. Limbach Holdings, Inc. trades at the lower P/E: 19.9× against 44.3×. Limbach Holdings, Inc. grew revenue faster over the last twelve months: 23.7% against 15.7%. Arlo Technologies, Inc. has the higher net margin (5.20% vs 4.42%) and the higher return on invested capital (63.0% vs 10.9%). Across the 22 metrics below, Limbach Holdings, Inc. leads on 12 and Arlo Technologies, Inc. on 10.

Valuation

Metric ARLO LMB Building Products & Equipment median
P/E 44.28 19.88 24.54
P/S 2.36 0.90 2.00
P/B 8.76 3.02 3.02
Price to free cash flow 20.76 11.82 18.49
EV/EBITDA 60.17 10.94 12.63
EV/Sales 2.15 0.93 2.14
Earnings yield 2.26% 5.03% 2.74%
Free cash flow yield 4.82% 8.46% 3.58%

Profitability

Metric ARLO LMB Building Products & Equipment median
Gross margin 45.97% 23.58% 29.19%
Operating margin 2.66% 5.75% 6.84%
Net margin 5.20% 4.42% 4.05%
Free cash flow margin 11.39% 7.60% 8.72%
Return on equity 22.07% 16.17% 9.28%
Return on assets 8.80% 8.09% 2.88%
Return on invested capital 63.02% 10.85% 5.16%

Growth

Metric ARLO LMB Building Products & Equipment median
Revenue growth (TTM) 15.65% 23.67% 3.11%
EPS growth (last fiscal year) 145.16% 25.68% —
Revenue growth, 5-year CAGR 8.19% 2.62% 5.37%
Net income growth, 5-year CAGR 0.00% 46.41% 0.00%

Health

Metric ARLO LMB Building Products & Equipment median
Debt to equity 0.00 0.20 0.43
Current ratio 1.40 1.49 1.82
Net debt to EBITDA (22.67) 0.36 0.98

Dividend

Metric ARLO LMB Building Products & Equipment median
Dividend yield — — 1.20%
Payout ratio 0.00 0.00 0.04

Size

Metric ARLO LMB Building Products & Equipment median
Market cap 1.40b 612.11m 1.18b

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