The Beachbody Company, Inc. (BODI) vs Zedge, Inc. (ZDGE)

The Beachbody Company, Inc. and Zedge, Inc. are both Internet Content & Information companies. Zedge, Inc. is the larger, with a market value of $39.5M against $35.0M — 1.1× the size. Zedge, Inc. has negative trailing earnings, so its P/E is not meaningful; The Beachbody Company, Inc. trades at 2.6×. Zedge, Inc. grew revenue faster over the last twelve months: 6.14% against −32.5%. The Beachbody Company, Inc. has the higher net margin (5.68% vs −3.62%) and the higher return on invested capital (46.5% vs −20.8%). Across the 20 metrics below, The Beachbody Company, Inc. leads on 14 and Zedge, Inc. on 6.

Valuation

Metric BODI ZDGE Internet Content & Information median
P/E 2.59 n/m 10.24
P/S 0.15 1.25 0.87
P/B 0.88 1.59 1.32
Price to free cash flow 4.33 12.57 8.85
EV/EBITDA 0.74 5.79 8.86
EV/Sales 0.09 0.68 1.15
Earnings yield 38.60% (3.00%) (1.58%)
Free cash flow yield 23.07% 7.96% 2.32%

Profitability

Metric BODI ZDGE Internet Content & Information median
Gross margin 73.29% 93.15% 66.84%
Operating margin 8.18% (5.17%) (3.41%)
Net margin 5.68% (3.62%) (3.02%)
Free cash flow margin 3.45% 9.91% 1.75%
Return on equity 43.45% (4.26%) 0.00%
Return on assets 8.82% (3.14%) (0.36%)
Return on invested capital 46.51% (20.81%) 0.00%

Growth

Metric BODI ZDGE Internet Content & Information median
Revenue growth (TTM) (32.49%) 6.14% 2.65%
EPS growth (last fiscal year) 96.10% 73.85% —
Revenue growth, 5-year CAGR (22.03%) 25.43% 9.73%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BODI ZDGE Internet Content & Information median
Debt to equity 0.63 0.00 0.01
Current ratio 0.79 3.21 1.82
Net debt to EBITDA (1.25) 16.67 (0.48)

Dividend

Metric BODI ZDGE Internet Content & Information median
Dividend yield — — 3.19%
Payout ratio 0.00 0.00 0.00

Size

Metric BODI ZDGE Internet Content & Information median
Market cap 34.97m 39.47m 283.68m

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