BigBear.ai Holdings, Inc. (BBAI) vs Grid Dynamics Holdings, Inc. (GDYN)

BigBear.ai Holdings, Inc. and Grid Dynamics Holdings, Inc. are both Information Technology Services companies. BigBear.ai Holdings, Inc. and Grid Dynamics Holdings, Inc. are of similar size ($1.1B and $1.1B). BigBear.ai Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; Grid Dynamics Holdings, Inc. trades at 146×. Grid Dynamics Holdings, Inc. grew revenue faster over the last twelve months: 6.59% against −1.48%. Grid Dynamics Holdings, Inc. has the higher net margin (1.81% vs −126.8%) and the higher return on invested capital (2.06% vs −36.5%). Across the 18 metrics below, Grid Dynamics Holdings, Inc. leads on 17 and BigBear.ai Holdings, Inc. on 1.

Valuation

Metric BBAI GDYN Information Technology Services median
P/E n/m 146.27 16.12
P/S 7.51 2.45 1.14
P/B 1.56 2.03 1.73
Price to free cash flow n/m 40.34 13.77
EV/EBITDA n/m 22.31 9.89
EV/Sales 5.52 1.76 1.34
Earnings yield (16.72%) 0.68% 3.10%
Free cash flow yield (6.82%) 2.48% 0.06%

Profitability

Metric BBAI GDYN Information Technology Services median
Gross margin 30.21% 36.53% 30.04%
Operating margin (164.22%) 1.67% 1.81%
Net margin (126.84%) 1.81% 0.79%
Free cash flow margin (51.19%) 6.08% 0.00%
Return on equity (27.90%) 1.48% 0.00%
Return on assets (21.48%) 1.29% 0.00%
Return on invested capital (36.52%) 2.06% 0.00%

Growth

Metric BBAI GDYN Information Technology Services median
Revenue growth (TTM) (1.48%) 6.59% 4.85%
EPS growth (last fiscal year) 35.43% 120.00% 3.57%
Revenue growth, 5-year CAGR 6.93% 29.91% 6.93%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BBAI GDYN Information Technology Services median
Debt to equity 0.01 0.00 0.31
Current ratio 4.92 7.34 1.69
Net debt to EBITDA 1.65 (14.93) 0.55

Dividend

Metric BBAI GDYN Information Technology Services median
Dividend yield — — 1.97%
Payout ratio — — 0.29

Size

Metric BBAI GDYN Information Technology Services median
Market cap 1.07b 1.09b 1.02b

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