Cellebrite DI Ltd. (CLBT) vs Flywire Corporation (FLYW)

Cellebrite DI Ltd. and Flywire Corporation are both Software Infrastructure companies. Cellebrite DI Ltd. is the larger, with a market value of $3.1B against $2.6B — 1.2× the size. Flywire Corporation trades at the lower P/E: 33.2× against 51.3×. Flywire Corporation grew revenue faster over the last twelve months: 31.0% against 17.8%. Cellebrite DI Ltd. has the higher net margin (11.4% vs 10.3%) and the higher return on invested capital (36.5% vs 7.49%). Across the 19 metrics below, Flywire Corporation leads on 13 and Cellebrite DI Ltd. on 6.

Valuation

Metric CLBT FLYW Software Infrastructure median
P/E 51.29 33.22 24.43
P/S 5.93 3.40 2.81
P/B 5.66 2.85 2.88
Price to free cash flow n/m 16.87 17.94
EV/EBITDA 34.11 31.11 14.51
EV/Sales 5.07 2.88 2.91
Earnings yield 1.95% 3.01% 0.00%
Free cash flow yield (0.66%) 5.93% 0.49%

Profitability

Metric CLBT FLYW Software Infrastructure median
Gross margin 82.96% 100.00% 57.45%
Operating margin 10.86% 7.83% 0.00%
Net margin 11.43% 10.34% 0.00%
Free cash flow margin (3.90%) 0.00% 0.00%
Return on equity 12.42% 9.08% 0.00%
Return on assets 6.60% 6.00% 0.00%
Return on invested capital 36.53% 7.49% 0.00%

Growth

Metric CLBT FLYW Software Infrastructure median
Revenue growth (TTM) 17.76% 30.99% 14.28%
EPS growth (last fiscal year) 122.96% 450.00% 18.26%
Revenue growth, 5-year CAGR 19.53% 36.44% 16.15%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CLBT FLYW Software Infrastructure median
Debt to equity 0.00 0.00 0.02
Current ratio 1.62 1.53 1.53
Net debt to EBITDA (5.75) (9.18) 0.05

Dividend

Metric CLBT FLYW Software Infrastructure median
Dividend yield — — 1.06%
Payout ratio — — 0.29

Size

Metric CLBT FLYW Software Infrastructure median
Market cap 3.11b 2.59b 661.51m

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