Bridger Aerospace Group Holdings, Inc. (BAER) vs NLI Holdings, Inc. (NL)

Bridger Aerospace Group Holdings, Inc. and NLI Holdings, Inc. are both Security & Protection Services companies. NLI Holdings, Inc. is the larger, with a market value of $344.3M against $49.4M — 7.0× the size. NLI Holdings, Inc. grew revenue faster over the last twelve months: 5.96% against −8.74%. NLI Holdings, Inc. has the higher net margin (−15.8% vs −35.0%) and the higher return on invested capital (3.44% vs 0.18%). Across the 17 metrics below, NLI Holdings, Inc. leads on 13 and Bridger Aerospace Group Holdings, Inc. on 4.

Valuation

Metric BAER NL Security & Protection Services median
P/E n/m n/m 21.88
P/S 0.39 2.12 1.21
P/B n/m 0.90 2.21
Price to free cash flow n/m 42.34 20.62
EV/EBITDA 14.56 12.64 12.37
EV/Sales 2.37 1.44 1.86
Earnings yield (90.00%) (7.41%) 3.67%
Free cash flow yield (200.36%) 2.36% 1.13%

Profitability

Metric BAER NL Security & Protection Services median
Gross margin 38.10% 32.08% 41.45%
Operating margin 0.67% 9.25% 8.06%
Net margin (35.04%) (15.79%) 3.72%
Free cash flow margin (78.37%) 5.01% 1.45%
Return on equity 10.96% (6.40%) 9.87%
Return on assets (13.41%) (5.14%) 2.54%
Return on invested capital 0.18% 3.44% 3.11%

Growth

Metric BAER NL Security & Protection Services median
Revenue growth (TTM) (8.74%) 5.96% 5.96%
EPS growth (last fiscal year) 48.15% (155.80%) —
Revenue growth, 5-year CAGR — 6.68% 7.35%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BAER NL Security & Protection Services median
Debt to equity 6.88 0.00 0.20
Current ratio 1.73 9.02 1.93
Net debt to EBITDA 5.69 (7.90) 1.55

Dividend

Metric BAER NL Security & Protection Services median
Dividend yield — 5.41% 1.53%
Payout ratio 0.00 0.24 0.00

Size

Metric BAER NL Security & Protection Services median
Market cap 49.42m 344.25m 395.79m

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