Arq, Inc. (ARQ) vs Cadiz, Inc. (CDZI)

Arq, Inc. and Cadiz, Inc. are both Pollution & Treatment Controls companies. Cadiz, Inc. is the larger, with a market value of $385.3M against $77.3M — 5.0× the size. Arq, Inc. grew revenue faster over the last twelve months: 4.93% against −21.3%. Arq, Inc. has the higher net margin (−42.1% vs −353.9%) and the lower return on invested capital (−16.7% vs −15.1%). Across the 18 metrics below, Arq, Inc. leads on 11 and Cadiz, Inc. on 7.

Valuation

Metric ARQ CDZI Pollution & Treatment Controls median
P/E n/m n/m —
P/S 0.61 29.20 2.56
P/B 0.45 74.17 3.52
Price to free cash flow n/m n/m —
EV/EBITDA 19.98 n/m 18.08
EV/Sales 0.86 38.58 2.92
Earnings yield (69.76%) (12.17%) (12.97%)
Free cash flow yield (12.41%) (9.03%) (10.72%)

Profitability

Metric ARQ CDZI Pollution & Treatment Controls median
Gross margin 28.80% 27.14% 32.15%
Operating margin (42.84%) (236.05%) (16.93%)
Net margin (42.14%) (353.94%) (17.24%)
Free cash flow margin (0.09%) (263.64%) (2.74%)
Return on equity (27.02%) (208.42%) (37.94%)
Return on assets (20.10%) (30.92%) (26.06%)
Return on invested capital (16.69%) (15.09%) (0.06%)

Growth

Metric ARQ CDZI Pollution & Treatment Controls median
Revenue growth (TTM) 4.93% (21.32%) 7.96%
EPS growth (last fiscal year) (807.14%) 9.43% 11.29%
Revenue growth, 5-year CAGR 12.30% 97.64% 12.30%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ARQ CDZI Pollution & Treatment Controls median
Debt to equity 0.18 24.96 0.14
Current ratio 1.03 1.16 2.02
Net debt to EBITDA 5.61 (4.12) 0.50

Dividend

Metric ARQ CDZI Pollution & Treatment Controls median
Dividend yield — — —
Payout ratio — — —

Size

Metric ARQ CDZI Pollution & Treatment Controls median
Market cap 77.29m 385.28m 61.28m

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