Aspen Aerogels, Inc. (ASPN) vs Latham Group, Inc. (SWIM)

Aspen Aerogels, Inc. and Latham Group, Inc. are both Building Products & Equipment companies. Latham Group, Inc. is the larger, with a market value of $735.3M against $448.1M — 1.6× the size. Aspen Aerogels, Inc. has negative trailing earnings, so its P/E is not meaningful; Latham Group, Inc. trades at 122×. Latham Group, Inc. grew revenue faster over the last twelve months: 10.5% against −49.1%. Latham Group, Inc. has the higher net margin (0.92% vs −62.5%) and the higher return on invested capital (2.82% vs −58.1%). Across the 20 metrics below, Latham Group, Inc. leads on 12 and Aspen Aerogels, Inc. on 8.

Valuation

Metric ASPN SWIM Building Products & Equipment median
P/E n/m 122.40 23.15
P/S 2.13 1.25 2.02
P/B 2.24 1.75 2.81
Price to free cash flow 12.51 19.42 16.84
EV/EBITDA n/m 11.37 12.85
EV/Sales 1.83 1.66 2.04
Earnings yield (29.48%) 0.82% 2.76%
Free cash flow yield 7.99% 5.15% 4.23%

Profitability

Metric ASPN SWIM Building Products & Equipment median
Gross margin 2.68% 33.38% 29.19%
Operating margin (61.04%) 5.08% 6.99%
Net margin (62.45%) 0.92% 4.05%
Free cash flow margin 17.01% 6.42% 7.60%
Return on equity (50.36%) 1.32% 9.28%
Return on assets (27.49%) 0.63% 2.88%
Return on invested capital (58.13%) 2.82% 5.16%

Growth

Metric ASPN SWIM Building Products & Equipment median
Revenue growth (TTM) (49.12%) 10.50% 3.11%
EPS growth (last fiscal year) (2,882.35%) 160.00% (34.13%)
Revenue growth, 5-year CAGR 22.01% 6.24% 5.37%
Net income growth, 5-year CAGR 0.00% (6.99%) 0.00%

Health

Metric ASPN SWIM Building Products & Equipment median
Debt to equity 0.49 0.68 0.43
Current ratio 2.52 2.16 1.82
Net debt to EBITDA 0.16 2.50 0.98

Dividend

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

Size

Metric ASPN SWIM Building Products & Equipment median
Market cap 448.14m 735.29m 1.17b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack