Box, Inc. (BOX) vs Zeta Global Holdings Corp. (ZETA)

Box, Inc. and Zeta Global Holdings Corp. are both Software Infrastructure companies. Zeta Global Holdings Corp. is the larger, with a market value of $7.4B against $6.0B — 1.2× the size. Zeta Global Holdings Corp. has negative trailing earnings, so its P/E is not meaningful; Box, Inc. trades at 60.7×. Zeta Global Holdings Corp. grew revenue faster over the last twelve months: 35.9% against 9.63%. Box, Inc. has the higher net margin (8.14% vs −0.14%) and the lower return on invested capital (0.00% vs 1.89%). Across the 19 metrics below, Box, Inc. leads on 10 and Zeta Global Holdings Corp. on 9.

Valuation

Metric BOX ZETA Software Infrastructure median
P/E 60.68 n/m 24.43
P/S 4.86 4.63 2.81
P/B n/m 7.85 2.88
Price to free cash flow 17.16 36.01 17.94
EV/EBITDA 29.94 66.43 14.51
EV/Sales 5.04 4.56 2.91
Earnings yield 1.65% (0.07%) 0.00%
Free cash flow yield 5.83% 2.78% 0.49%

Profitability

Metric BOX ZETA Software Infrastructure median
Gross margin 79.55% 59.48% 57.45%
Operating margin 9.43% 1.57% 0.00%
Net margin 8.14% (0.14%) 0.00%
Free cash flow margin 28.36% 12.86% 0.00%
Return on equity (32.39%) (0.27%) 0.00%
Return on assets 6.64% (0.17%) 0.00%
Return on invested capital 0.00% 1.89% 0.00%

Growth

Metric BOX ZETA Software Infrastructure median
Revenue growth (TTM) 9.63% 35.91% 14.28%
EPS growth (last fiscal year) (57.35%) 63.16% 18.26%
Revenue growth, 5-year CAGR 8.84% 28.80% 16.15%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BOX ZETA Software Infrastructure median
Debt to equity (1.29) 0.21 0.02
Current ratio 1.06 2.38 1.53
Net debt to EBITDA (0.16) (1.58) 0.05

Dividend

Metric BOX ZETA Software Infrastructure median
Dividend yield — — 1.06%
Payout ratio — — 0.29

Size

Metric BOX ZETA Software Infrastructure median
Market cap 5.98b 7.40b 661.51m

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