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 $1.3B against $735.3M — 1.8× the size. Arlo Technologies, Inc. trades at the lower P/E: 41.9× against 122×. Arlo Technologies, Inc. grew revenue faster over the last twelve months: 15.7% against 10.5%. Arlo Technologies, Inc. has the higher net margin (5.20% vs 0.92%) and the higher return on invested capital (63.0% vs 2.82%). Across the 22 metrics below, Arlo Technologies, Inc. leads on 13 and Latham Group, Inc. on 9.

Valuation

Metric ARLO SWIM Building Products & Equipment median
P/E 41.93 122.40 23.15
P/S 2.24 1.25 2.02
P/B 8.29 1.75 2.81
Price to free cash flow 19.66 19.42 16.84
EV/EBITDA 56.66 11.37 12.85
EV/Sales 2.02 1.66 2.04
Earnings yield 2.38% 0.82% 2.76%
Free cash flow yield 5.09% 5.15% 4.23%

Profitability

Metric ARLO SWIM Building Products & Equipment median
Gross margin 45.97% 33.38% 29.19%
Operating margin 2.66% 5.08% 6.99%
Net margin 5.20% 0.92% 4.05%
Free cash flow margin 11.39% 6.42% 7.60%
Return on equity 22.07% 1.32% 9.28%
Return on assets 8.80% 0.63% 2.88%
Return on invested capital 63.02% 2.82% 5.16%

Growth

Metric ARLO SWIM Building Products & Equipment median
Revenue growth (TTM) 15.65% 10.50% 3.11%
EPS growth (last fiscal year) 145.16% 160.00% (34.13%)
Revenue growth, 5-year CAGR 8.19% 6.24% 5.37%
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 0.68 0.43
Current ratio 1.40 2.16 1.82
Net debt to EBITDA (22.67) 2.50 0.98

Dividend

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

Size

Metric ARLO SWIM Building Products & Equipment median
Market cap 1.34b 735.29m 1.17b

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