Arlo Technologies, Inc. (ARLO) vs Latham Group, Inc. (SWIM)

Arlo Technologies, Inc. and Latham Group, Inc. are both Building Products & Equipment companies. Arlo Technologies, Inc. is the larger, with a market value of $1.6B against $931.8M — 1.7× the size. Arlo Technologies, Inc. trades at the lower P/E: 64.5× against 98.5×. Arlo Technologies, Inc. grew revenue faster over the last twelve months: 17.1% against 11.9%. Arlo Technologies, Inc. has the higher net margin (4.11% vs 1.55%) and the higher return on invested capital (5.77% vs 3.15%). Across the 22 metrics below, Arlo Technologies, Inc. leads on 15 and Latham Group, Inc. on 7.

Valuation

Metric ARLO SWIM Building Products & Equipment median
P/E 64.52 98.50 23.33
P/S 2.68 1.55 2.09
P/B 9.35 2.19 2.85
Price to free cash flow 23.53 26.90 18.42
EV/EBITDA 70.17 12.99 13.29
EV/Sales 2.46 1.88 2.28
Earnings yield 1.55% 1.02% 3.04%
Free cash flow yield 4.25% 3.72% 4.26%

Profitability

Metric ARLO SWIM Building Products & Equipment median
Gross margin 47.38% 33.84% 31.88%
Operating margin 2.64% 5.26% 7.18%
Net margin 4.11% 1.55% 4.11%
Free cash flow margin 13.29% 5.78% 6.41%
Return on equity 16.35% 2.23% 5.95%
Return on assets 6.71% 1.07% 3.90%
Return on invested capital 5.77% 3.15% 5.54%

Growth

Metric ARLO SWIM Building Products & Equipment median
Revenue growth (TTM) 17.12% 11.94% 6.27%
EPS growth (last fiscal year) 145.16% 160.00% (28.29%)
Revenue growth, 5-year CAGR 8.19% 6.24% 4.81%
Net income growth, 5-year CAGR 0.00% (6.99%) 0.00%

Health

Metric ARLO SWIM Building Products & Equipment median
Debt to equity 0.00 0.69 0.55
Current ratio 1.47 2.38 1.83
Net debt to EBITDA (22.67) 2.50 1.45

Dividend

Metric ARLO SWIM Building Products & Equipment median
Dividend yield — — 1.37%
Payout ratio — — 0.28

Size

Metric ARLO SWIM Building Products & Equipment median
Market cap 1.60b 931.76m 3.22b

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