AvePoint, Inc. (AVPT) vs Five9, Inc. (FIVN)

AvePoint, Inc. and Five9, Inc. are both Software Infrastructure companies. AvePoint, Inc. and Five9, Inc. are of similar size ($2.8B and $2.7B). AvePoint, Inc. trades at the lower P/E: 39.4× against 47.1×. AvePoint, Inc. grew revenue faster over the last twelve months: 25.0% against 8.87%. AvePoint, Inc. has the higher net margin (15.3% vs 4.94%) and the higher return on invested capital (145.3% vs 4.04%). Across the 21 metrics below, AvePoint, Inc. leads on 13 and Five9, Inc. on 8.

Valuation

Metric AVPT FIVN Software Infrastructure median
P/E 39.39 47.07 28.02
P/S 5.86 2.24 3.07
P/B 6.26 3.44 3.36
Price to free cash flow 27.54 15.85 17.12
EV/EBITDA 44.48 13.19 14.91
EV/Sales 4.97 2.67 3.03
Earnings yield 2.54% 2.12% 0.13%
Free cash flow yield 3.63% 6.31% 1.15%

Profitability

Metric AVPT FIVN Software Infrastructure median
Gross margin 73.45% 54.91% 61.23%
Operating margin 9.78% 4.68% 0.00%
Net margin 15.33% 4.94% 0.00%
Free cash flow margin 21.29% 14.14% 1.67%
Return on equity 16.25% 7.92% 0.59%
Return on assets 9.81% 3.36% 0.00%
Return on invested capital 145.25% 4.04% 0.00%

Growth

Metric AVPT FIVN Software Infrastructure median
Revenue growth (TTM) 24.95% 8.87% 13.41%
EPS growth (last fiscal year) 193.75% 364.71% —
Revenue growth, 5-year CAGR 22.59% 21.45% 15.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AVPT FIVN Software Infrastructure median
Debt to equity 0.00 0.94 0.06
Current ratio 2.00 4.15 1.55
Net debt to EBITDA (12.26) 0.22 0.08

Dividend

Metric AVPT FIVN Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric AVPT FIVN Software Infrastructure median
Market cap 2.78b 2.74b 835.96m

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