Bradbury Capital Inc. (BBCI) vs Orion Digital Corp. (ORIO)

Bradbury Capital Inc. and Orion Digital Corp. are both Software Infrastructure companies. Bradbury Capital Inc. is the larger, with a market value of $32.2M against $23.8M — 1.4× the size. Orion Digital Corp. has negative trailing earnings, so its P/E is not meaningful; Bradbury Capital Inc. trades at 11.1×. Bradbury Capital Inc. has the higher net margin (0.00% vs −25.1%) and the higher return on invested capital (0.00% vs −0.16%). Across the 12 metrics below, Bradbury Capital Inc. leads on 9 and Orion Digital Corp. on 3.

Valuation

Metric BBCI ORIO Software Infrastructure median
P/E 11.08 n/m 24.52
P/S n/m 0.52 2.78
P/B 0.34 0.54 2.84
Price to free cash flow n/m n/m 18.22
EV/EBITDA n/m 4.18 13.98
EV/Sales n/m 0.47 2.92
Earnings yield 9.03% (46.30%) 0.00%
Free cash flow yield (8.95%) (9.93%) 0.37%

Profitability

Metric BBCI ORIO Software Infrastructure median
Gross margin — 70.80% 57.91%
Operating margin — (0.23%) 0.00%
Net margin 0.00% (25.14%) 0.00%
Free cash flow margin 0.00% (5.18%) 0.00%
Return on equity 2.05% (23.26%) 0.00%
Return on assets 1.92% (9.92%) 0.00%
Return on invested capital 0.00% (0.16%) 0.00%

Growth

Metric BBCI ORIO Software Infrastructure median
Revenue growth (TTM) — (1.80%) 14.42%
EPS growth (last fiscal year) 0.00% 39.02% 17.35%
Revenue growth, 5-year CAGR — 8.26% 16.15%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric BBCI ORIO Software Infrastructure median
Debt to equity (0.26) 0.47 0.02
Current ratio 0.02 1.52 1.53
Net debt to EBITDA 0.98 (1.75) 0.05

Dividend

Metric BBCI ORIO Software Infrastructure median
Dividend yield — — 1.04%
Payout ratio — — 0.29

Size

Metric BBCI ORIO Software Infrastructure median
Market cap 32.16m 23.78m 606.60m

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