AeroVironment, Inc. (AVAV) vs Planet Labs PBC (PL)

AeroVironment, Inc. and Planet Labs PBC are both Aerospace & Defense companies. AeroVironment, Inc. is the larger, with a market value of $8.1B against $6.6B — 1.2× the size. AeroVironment, Inc. grew revenue faster over the last twelve months: 84.4% against 44.1%. AeroVironment, Inc. has the higher net margin (−10.1% vs −95.1%) and the higher return on invested capital (−3.47% vs −44.2%). Across the 18 metrics below, AeroVironment, Inc. leads on 14 and Planet Labs PBC on 4.

Valuation

Metric AVAV PL Aerospace & Defense median
P/E n/m n/m 33.00
P/S 3.78 16.59 3.63
P/B 1.72 11.12 3.24
Price to free cash flow n/m 315.77 34.01
EV/EBITDA 34.74 n/m 18.69
EV/Sales 3.86 15.50 3.94
Earnings yield (2.68%) (6.30%) 1.31%
Free cash flow yield (0.61%) 0.32% 0.00%

Profitability

Metric AVAV PL Aerospace & Defense median
Gross margin 26.47% 55.42% 25.48%
Operating margin (12.61%) (27.16%) 4.54%
Net margin (10.13%) (95.13%) 2.22%
Free cash flow margin (2.24%) 5.25% 0.00%
Return on equity (4.60%) (71.97%) 6.43%
Return on assets (3.57%) (33.83%) 2.70%
Return on invested capital (3.47%) (44.19%) 1.56%

Growth

Metric AVAV PL Aerospace & Defense median
Revenue growth (TTM) 84.44% 44.12% 18.43%
EPS growth (last fiscal year) (448.39%) (90.48%) —
Revenue growth, 5-year CAGR 38.00% 22.15% 9.62%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AVAV PL Aerospace & Defense median
Debt to equity 0.17 0.79 0.24
Current ratio 4.26 2.84 2.72
Net debt to EBITDA 0.47 3.64 1.12

Dividend

Metric AVAV PL Aerospace & Defense median
Dividend yield 5.70% — 1.04%
Payout ratio 0.00 0.00 0.00

Size

Metric AVAV PL Aerospace & Defense median
Market cap 8.08b 6.61b 2.52b

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