Byrna Technologies Inc. (BYRN) vs CPI Aerostructures, Inc. (CVU)

Byrna Technologies Inc. and CPI Aerostructures, Inc. are both Aerospace & Defense companies. Byrna Technologies Inc. is the larger, with a market value of $84.7M against $68.4M — 1.2× the size. Byrna Technologies Inc. has negative trailing earnings, so its P/E is not meaningful; CPI Aerostructures, Inc. trades at 17.5×. Byrna Technologies Inc. grew revenue faster over the last twelve months: 5.15% against 2.59%. CPI Aerostructures, Inc. has the higher net margin (5.06% vs −3.39%) and the higher return on invested capital (8.14% vs −6.85%). Across the 18 metrics below, Byrna Technologies Inc. leads on 12 and CPI Aerostructures, Inc. on 6.

Valuation

Metric BYRN CVU Aerospace & Defense median
P/E n/m 17.52 33.00
P/S 0.73 0.89 3.63
P/B 1.39 2.33 3.24
Price to free cash flow n/m n/m 34.01
EV/EBITDA n/m 13.24 18.69
EV/Sales 0.65 1.14 3.94
Earnings yield (4.30%) 5.71% 1.31%
Free cash flow yield (0.79%) (3.61%) 0.00%

Profitability

Metric BYRN CVU Aerospace & Defense median
Gross margin 52.51% 22.54% 25.48%
Operating margin (4.69%) 8.18% 4.54%
Net margin (3.39%) 5.06% 2.22%
Free cash flow margin (0.44%) (3.22%) 0.00%
Return on equity (6.30%) 14.37% 6.43%
Return on assets (5.06%) 4.94% 2.70%
Return on invested capital (6.85%) 8.14% 1.56%

Growth

Metric BYRN CVU Aerospace & Defense median
Revenue growth (TTM) 5.15% 2.59% 18.43%
EPS growth (last fiscal year) (27.27%) (126.92%) —
Revenue growth, 5-year CAGR 48.12% (7.70%) 9.62%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BYRN CVU Aerospace & Defense median
Debt to equity 0.00 0.68 0.24
Current ratio 4.86 1.97 2.72
Net debt to EBITDA (1.11) 54.35 1.12

Dividend

Metric BYRN CVU Aerospace & Defense median
Dividend yield — — 1.04%
Payout ratio 0.00 0.00 0.00

Size

Metric BYRN CVU Aerospace & Defense median
Market cap 84.73m 68.37m 2.52b

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