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 $9.6B against $3.4B — 2.8× the size. Acuity, Inc. trades at the lower P/E: 18.5× against 20.4×. Hayward Holdings, Inc. grew revenue faster over the last twelve months: 7.57% against 6.82%. Hayward Holdings, Inc. has the higher net margin (14.4% vs 11.5%) and the lower return on invested capital (7.73% vs 14.7%). Across the 22 metrics below, Acuity, Inc. leads on 16 and Hayward Holdings, Inc. on 6.

Valuation

Metric AYI HAYW Electrical Equipment & Parts median
P/E 18.51 20.45 25.00
P/S 2.12 2.91 2.12
P/B 3.31 2.17 2.72
Price to free cash flow 13.17 21.52 22.41
EV/EBITDA 11.39 12.40 12.34
EV/Sales 2.14 3.31 1.87
Earnings yield 5.40% 4.89% (6.09%)
Free cash flow yield 7.59% 4.65% (4.62%)

Profitability

Metric AYI HAYW Electrical Equipment & Parts median
Gross margin 50.64% 47.98% 30.08%
Operating margin 15.38% 21.64% 0.00%
Net margin 11.45% 14.35% 0.00%
Free cash flow margin 16.11% 13.52% 0.00%
Return on equity 18.64% 10.92% 0.00%
Return on assets 11.04% 5.54% 0.00%
Return on invested capital 14.70% 7.73% 0.00%

Growth

Metric AYI HAYW Electrical Equipment & Parts median
Revenue growth (TTM) 6.82% 7.57% 10.59%
EPS growth (last fiscal year) 36.07% 25.93% 24.08%
Revenue growth, 5-year CAGR 6.05% 5.09% 9.92%
Net income growth, 5-year CAGR 11.64% 28.60% 0.00%

Health

Metric AYI HAYW Electrical Equipment & Parts median
Debt to equity 0.23 0.60 0.15
Current ratio 1.70 3.33 2.34
Net debt to EBITDA 0.07 1.90 0.26

Dividend

Metric AYI HAYW Electrical Equipment & Parts median
Dividend yield 0.25% — 0.32%
Payout ratio 0.05 — 0.09

Size

Metric AYI HAYW Electrical Equipment & Parts median
Market cap 9.60b 3.41b 147.09m

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