Bilibili Inc. Sponsored ADR (BILI) vs Zillow Group, Inc. (Z)

Bilibili Inc. Sponsored ADR and Zillow Group, Inc. are both Internet Content & Information companies. Zillow Group, Inc. is the larger, with a market value of $6.8B against $4.8B — 1.4× the size. Zillow Group, Inc. has negative trailing earnings, so its P/E is not meaningful; Bilibili Inc. Sponsored ADR trades at 27.0×. Zillow Group, Inc. grew revenue faster over the last twelve months: 15.1% against 14.7%. Bilibili Inc. Sponsored ADR has the higher net margin (4.83% vs −3.95%) and the higher return on invested capital (76.5% vs −2.33%). Across the 20 metrics below, Bilibili Inc. Sponsored ADR leads on 14 and Zillow Group, Inc. on 6.

Valuation

Metric BILI Z Internet Content & Information median
P/E 26.98 n/m 12.38
P/S 1.30 2.37 0.93
P/B 2.69 1.60 1.24
Price to free cash flow 3.84 24.72 10.76
EV/EBITDA 18.78 22.71 10.74
EV/Sales 0.83 2.43 1.20
Earnings yield 3.71% (1.73%) (1.71%)
Free cash flow yield 26.04% 4.05% 4.26%

Profitability

Metric BILI Z Internet Content & Information median
Gross margin 37.00% 72.53% 63.25%
Operating margin 4.40% (5.11%) (1.87%)
Net margin 4.83% (3.95%) (1.37%)
Free cash flow margin 0.00% 9.59% 3.47%
Return on equity 0.00% (2.45%) (1.19%)
Return on assets 3.83% (2.05%) 0.00%
Return on invested capital 76.46% (2.33%) 0.00%

Growth

Metric BILI Z Internet Content & Information median
Revenue growth (TTM) 14.66% 15.10% 6.92%
EPS growth (last fiscal year) 188.64% 118.75% 34.37%
Revenue growth, 5-year CAGR 18.73% 9.73% 10.46%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BILI Z Internet Content & Information median
Debt to equity 0.60 0.09 0.01
Current ratio 1.32 1.76 1.84
Net debt to EBITDA (4.39) (3.61) (0.53)

Dividend

Metric BILI Z Internet Content & Information median
Dividend yield — — 1.19%
Payout ratio — — 0.27

Size

Metric BILI Z Internet Content & Information median
Market cap 4.83b 6.83b 693.23m

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