Box, Inc. (BOX) vs Paymentus Holdings, Inc. (PAY)

Box, Inc. and Paymentus Holdings, Inc. are both Software Infrastructure companies. Box, Inc. is the larger, with a market value of $4.4B against $3.9B — 1.1× the size. Box, Inc. trades at the lower P/E: 43.6× against 45.0×. Paymentus Holdings, Inc. grew revenue faster over the last twelve months: 30.2% against 9.63%. Box, Inc. has the higher net margin (8.14% vs 6.24%) and the lower return on invested capital (0.00% vs 27.6%). Across the 21 metrics below, Paymentus Holdings, Inc. leads on 11 and Box, Inc. on 10.

Valuation

Metric BOX PAY Software Infrastructure median
P/E 43.60 45.03 28.02
P/S 3.49 2.79 3.07
P/B n/m 6.19 3.36
Price to free cash flow 12.33 31.35 17.12
EV/EBITDA 21.80 23.29 14.91
EV/Sales 3.67 2.51 3.03
Earnings yield 2.29% 2.22% 0.13%
Free cash flow yield 8.11% 3.19% 1.15%

Profitability

Metric BOX PAY Software Infrastructure median
Gross margin 79.55% 24.95% 61.23%
Operating margin 9.43% 7.58% 0.00%
Net margin 8.14% 6.24% 0.00%
Free cash flow margin 28.36% 8.92% 1.67%
Return on equity (32.39%) 15.02% 0.59%
Return on assets 6.64% 12.71% 0.00%
Return on invested capital 0.00% 27.57% 0.00%

Growth

Metric BOX PAY Software Infrastructure median
Revenue growth (TTM) 9.63% 30.21% 13.41%
EPS growth (last fiscal year) (57.35%) 48.57% —
Revenue growth, 5-year CAGR 8.84% 31.72% 15.81%
Net income growth, 5-year CAGR 0.00% 51.01% 0.00%

Health

Metric BOX PAY Software Infrastructure median
Debt to equity (1.29) 0.00 0.06
Current ratio 1.06 4.89 1.55
Net debt to EBITDA (0.16) (2.68) 0.08

Dividend

Metric BOX PAY Software Infrastructure median
Dividend yield 0.19% — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric BOX PAY Software Infrastructure median
Market cap 4.43b 3.90b 835.96m

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