Acuity, Inc. (AYI) vs Hayward Holdings, Inc. (HAYW)

Acuity, Inc. and Hayward Holdings, Inc. are both Electrical Equipment & Parts companies. Acuity, Inc. is the larger, with a market value of $9.3B against $2.7B — 3.5× the size. Hayward Holdings, Inc. trades at the lower P/E: 16.8× against 20.7×. Acuity, Inc. grew revenue faster over the last twelve months: 10.5% against 7.78%. Hayward Holdings, Inc. has the higher net margin (13.8% vs 10.3%) and the lower return on invested capital (7.43% vs 13.3%). Across the 22 metrics below, Hayward Holdings, Inc. leads on 12 and Acuity, Inc. on 10.

Valuation

Metric AYI HAYW Electrical Equipment & Parts median
P/E 20.67 16.84 36.10
P/S 2.10 2.34 2.73
P/B 3.39 1.71 3.57
Price to free cash flow 15.12 13.38 33.31
EV/EBITDA 12.09 10.43 18.07
EV/Sales 2.18 2.75 2.75
Earnings yield 4.84% 5.94% (5.84%)
Free cash flow yield 6.61% 7.47% 0.00%

Profitability

Metric AYI HAYW Electrical Equipment & Parts median
Gross margin 49.31% 47.95% 25.38%
Operating margin 14.49% 21.15% 0.00%
Net margin 10.25% 13.83% 0.00%
Free cash flow margin 13.88% 17.50% 0.00%
Return on equity 17.38% 10.41% 0.94%
Return on assets 10.18% 5.25% (1.50%)
Return on invested capital 13.30% 7.43% 0.00%

Growth

Metric AYI HAYW Electrical Equipment & Parts median
Revenue growth (TTM) 10.50% 7.78% 9.28%
EPS growth (last fiscal year) (6.77%) 25.93% —
Revenue growth, 5-year CAGR 5.49% 5.09% 9.80%
Net income growth, 5-year CAGR 9.82% 28.60% 0.00%

Health

Metric AYI HAYW Electrical Equipment & Parts median
Debt to equity 0.24 0.60 0.08
Current ratio 2.05 3.33 2.18
Net debt to EBITDA 0.68 1.90 0.26

Dividend

Metric AYI HAYW Electrical Equipment & Parts median
Dividend yield 0.22% — 0.84%
Payout ratio 0.05 0.00 0.00

Size

Metric AYI HAYW Electrical Equipment & Parts median
Market cap 9.26b 2.66b 177.98m

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