Asure Software, Inc. (ASUR) vs Perfect Corp. (PERF)

Asure Software, Inc. and Perfect Corp. are both Software Application companies. Asure Software, Inc. is the larger, with a market value of $228.4M against $195.6M — 1.2× the size. Asure Software, Inc. has negative trailing earnings, so its P/E is not meaningful; Perfect Corp. trades at 37.5×. Asure Software, Inc. grew revenue faster over the last twelve months: 24.3% against 10.4%. Perfect Corp. has the higher net margin (8.13% vs −5.42%) and the higher return on invested capital (0.00% vs −0.47%). Across the 19 metrics below, Perfect Corp. leads on 13 and Asure Software, Inc. on 6.

Valuation

Metric ASUR PERF Software Application median
P/E n/m 37.55 24.79
P/S 1.46 2.63 2.67
P/B 1.15 1.19 3.01
Price to free cash flow n/m 18.40 16.59
EV/EBITDA 9.18 11.11 14.40
EV/Sales 1.73 0.35 2.62
Earnings yield (3.68%) 2.66% 0.00%
Free cash flow yield (2.08%) 5.44% 1.91%

Profitability

Metric ASUR PERF Software Application median
Gross margin 68.12% 79.73% 67.03%
Operating margin (1.16%) 1.78% 0.00%
Net margin (5.42%) 8.13% 0.00%
Free cash flow margin (3.03%) 14.32% 4.32%
Return on equity (4.30%) 3.76% 0.00%
Return on assets (1.71%) 3.00% 0.00%
Return on invested capital (0.47%) 0.00% 0.00%

Growth

Metric ASUR PERF Software Application median
Revenue growth (TTM) 24.27% 10.41% 12.40%
EPS growth (last fiscal year) (6.67%) 0.00% —
Revenue growth, 5-year CAGR 16.49% 11.15% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ASUR PERF Software Application median
Debt to equity 0.31 0.00 0.02
Current ratio 1.06 4.63 1.55
Net debt to EBITDA 1.86 227.58 0.06

Dividend

Metric ASUR PERF Software Application median
Dividend yield 1.41% — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric ASUR PERF Software Application median
Market cap 228.44m 195.55m 396.11m

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