Birchtech Corp. (BCHT) vs 374Water Inc. (SCWO)

Birchtech Corp. and 374Water Inc. are both Pollution & Treatment Controls companies. 374Water Inc. is the larger, with a market value of $54.8M against $42.6M — 1.3× the size. 374Water Inc. grew revenue faster over the last twelve months: 53.5% against 11.0%. Birchtech Corp. has the higher net margin (−21.7% vs −1,056.2%) and the higher return on invested capital (0.00% vs −297.2%). Across the 18 metrics below, Birchtech Corp. leads on 14 and 374Water Inc. on 4.

Valuation

Metric BCHT SCWO Pollution & Treatment Controls median
P/E n/m n/m —
P/S 2.21 28.04 3.64
P/B 5.20 17.75 2.08
Price to free cash flow n/m n/m —
EV/EBITDA n/m n/m 17.68
EV/Sales 1.61 28.90 4.26
Earnings yield (9.32%) (40.81%) (18.01%)
Free cash flow yield (9.09%) (21.42%) (5.86%)

Profitability

Metric BCHT SCWO Pollution & Treatment Controls median
Gross margin 39.70% 6.25% 34.73%
Operating margin (17.07%) (1,002.21%) (29.01%)
Net margin (21.73%) (1,056.18%) (31.94%)
Free cash flow margin (20.06%) (595.30%) (12.20%)
Return on equity (134.41%) (335.45%) (38.24%)
Return on assets (29.78%) (157.47%) (26.06%)
Return on invested capital 0.00% (297.16%) 0.00%

Growth

Metric BCHT SCWO Pollution & Treatment Controls median
Revenue growth (TTM) 11.02% 53.49% 9.79%
EPS growth (last fiscal year) 70.91% (53.33%) —
Revenue growth, 5-year CAGR 16.66% 19.95% 8.56%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BCHT SCWO Pollution & Treatment Controls median
Debt to equity 0.04 0.93 0.03
Current ratio 1.42 1.67 1.90
Net debt to EBITDA 0.79 0.12 0.30

Dividend

Metric BCHT SCWO Pollution & Treatment Controls median
Dividend yield — — —
Payout ratio — — 0.00

Size

Metric BCHT SCWO Pollution & Treatment Controls median
Market cap 42.62m 54.75m 48.08m

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