BWX Technologies, Inc. (BWXT) vs Kratos Defense & Security Solutions, Inc. (KTOS)

BWX Technologies, Inc. and Kratos Defense & Security Solutions, Inc. are both Aerospace & Defense companies. BWX Technologies, Inc. is the larger, with a market value of $12.1B against $7.7B — 1.6× the size. BWX Technologies, Inc. trades at the lower P/E: 32.3× against 241×. Kratos Defense & Security Solutions, Inc. grew revenue faster over the last twelve months: 25.5% against 17.7%. BWX Technologies, Inc. has the higher net margin (10.4% vs 2.03%) and the higher return on invested capital (9.69% vs 0.54%). Across the 21 metrics below, BWX Technologies, Inc. leads on 13 and Kratos Defense & Security Solutions, Inc. on 8.

Valuation

Metric BWXT KTOS Aerospace & Defense median
P/E 32.26 240.94 31.60
P/S 3.36 5.07 3.36
P/B 8.53 2.25 2.99
Price to free cash flow 32.57 n/m 33.23
EV/EBITDA 20.59 67.12 19.00
EV/Sales 3.77 4.22 3.37
Earnings yield 3.10% 0.42% 0.90%
Free cash flow yield 3.07% (1.67%) 0.00%

Profitability

Metric BWXT KTOS Aerospace & Defense median
Gross margin 0.00% 23.00% 25.95%
Operating margin 14.87% 1.21% 1.21%
Net margin 10.41% 2.03% 2.11%
Free cash flow margin 10.34% (8.47%) 0.00%
Return on equity 28.18% 1.15% 2.67%
Return on assets 8.78% 0.93% 1.90%
Return on invested capital 9.69% 0.54% 0.25%

Growth

Metric BWXT KTOS Aerospace & Defense median
Revenue growth (TTM) 17.71% 25.50% 18.25%
EPS growth (last fiscal year) 16.61% 18.18% 24.80%
Revenue growth, 5-year CAGR 8.54% 12.49% 9.73%
Net income growth, 5-year CAGR 3.37% (22.68%) 0.00%

Health

Metric BWXT KTOS Aerospace & Defense median
Debt to equity 1.43 0.04 0.18
Current ratio 1.88 5.54 2.85
Net debt to EBITDA 2.57 (5.44) 1.29

Dividend

Metric BWXT KTOS Aerospace & Defense median
Dividend yield 0.80% — 0.87%
Payout ratio 0.26 — 0.30

Size

Metric BWXT KTOS Aerospace & Defense median
Market cap 12.08b 7.69b 1.94b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack