BlackBerry Limited (BB) vs Paymentus Holdings, Inc. (PAY)

BlackBerry Limited and Paymentus Holdings, Inc. are both Software Infrastructure companies. BlackBerry Limited is the larger, with a market value of $5.1B against $4.1B — 1.3× the size. Paymentus Holdings, Inc. trades at the lower P/E: 47.1× against 59.9×. Paymentus Holdings, Inc. grew revenue faster over the last twelve months: 30.2% against 14.4%. BlackBerry Limited has the higher net margin (13.1% vs 6.24%) and the lower return on invested capital (8.56% vs 27.6%). Across the 22 metrics below, Paymentus Holdings, Inc. leads on 16 and BlackBerry Limited on 6.

Valuation

Metric BB PAY Software Infrastructure median
P/E 59.93 47.07 28.38
P/S 7.70 2.92 2.98
P/B 5.97 6.47 2.93
Price to free cash flow 54.98 32.78 16.28
EV/EBITDA 47.37 24.47 13.92
EV/Sales 7.67 2.64 2.90
Earnings yield 1.67% 2.12% 0.14%
Free cash flow yield 1.82% 3.05% 1.24%

Profitability

Metric BB PAY Software Infrastructure median
Gross margin 77.87% 24.95% 61.00%
Operating margin 13.63% 7.58% 0.00%
Net margin 13.09% 6.24% 0.00%
Free cash flow margin 14.01% 8.92% 1.67%
Return on equity 10.60% 15.02% 0.60%
Return on assets 6.57% 12.71% 0.00%
Return on invested capital 8.56% 27.57% 0.00%

Growth

Metric BB PAY Software Infrastructure median
Revenue growth (TTM) 14.42% 30.21% 13.41%
EPS growth (last fiscal year) 169.23% 48.57% 27.10%
Revenue growth, 5-year CAGR (9.27%) 31.72% 15.57%
Net income growth, 5-year CAGR 0.00% 51.01% 0.00%

Health

Metric BB PAY Software Infrastructure median
Debt to equity 0.25 0.00 0.05
Current ratio 2.38 4.89 1.55
Net debt to EBITDA (2.47) (2.68) 0.08

Dividend

Metric BB PAY Software Infrastructure median
Dividend yield — — 1.20%
Payout ratio — — 0.29

Size

Metric BB PAY Software Infrastructure median
Market cap 5.11b 4.05b 752.37m

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