Cognyte Software Ltd. (CGNT) vs Sabre Corporation (SABR)

Cognyte Software Ltd. and Sabre Corporation are both Software Infrastructure companies. Sabre Corporation is the larger, with a market value of $722.4M against $651.3M — 1.1× the size. Cognyte Software Ltd. has negative trailing earnings, so its P/E is not meaningful; Sabre Corporation trades at 0.9×. Cognyte Software Ltd. grew revenue faster over the last twelve months: 12.0% against 7.45%. Sabre Corporation has the higher net margin (25.1% vs −0.01%) and the lower return on invested capital (7.89% vs 9.28%). Across the 18 metrics below, Cognyte Software Ltd. leads on 9 and Sabre Corporation on 9.

Valuation

Metric CGNT SABR Software Infrastructure median
P/E n/m 0.92 28.38
P/S 1.51 0.24 2.98
P/B 2.90 n/m 2.93
Price to free cash flow 19.04 n/m 16.28
EV/EBITDA 19.85 8.40 13.92
EV/Sales 1.39 1.50 2.90
Earnings yield 0.00% 108.33% 0.14%
Free cash flow yield 5.25% (2.44%) 1.24%

Profitability

Metric CGNT SABR Software Infrastructure median
Gross margin 72.96% 31.31% 61.00%
Operating margin 4.13% 11.34% 0.00%
Net margin (0.01%) 25.14% 0.00%
Free cash flow margin 7.93% (0.57%) 1.67%
Return on equity (0.03%) (50.19%) 0.60%
Return on assets (0.01%) 16.32% 0.00%
Return on invested capital 9.28% 7.89% 0.00%

Growth

Metric CGNT SABR Software Infrastructure median
Revenue growth (TTM) 11.99% 7.45% 13.41%
EPS growth (last fiscal year) 94.12% 283.56% 27.10%
Revenue growth, 5-year CAGR (2.04%) 15.74% 15.57%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CGNT SABR Software Infrastructure median
Debt to equity 0.00 (4.09) 0.05
Current ratio 1.34 1.02 1.55
Net debt to EBITDA (4.63) 7.34 0.08

Dividend

Metric CGNT SABR Software Infrastructure median
Dividend yield — — 1.20%
Payout ratio — — 0.29

Size

Metric CGNT SABR Software Infrastructure median
Market cap 651.31m 722.42m 752.37m

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