Commerce.com, Inc. (CMRC) vs CS Disco, Inc. (LAW)

Commerce.com, Inc. and CS Disco, Inc. are both Software Application companies. Commerce.com, Inc. and CS Disco, Inc. are of similar size ($275.9M and $261.0M). CS Disco, Inc. grew revenue faster over the last twelve months: 12.9% against 2.77%. Commerce.com, Inc. has the higher net margin (−1.67% vs −24.2%) and the higher return on invested capital (1.95% vs −142.9%). Across the 18 metrics below, Commerce.com, Inc. leads on 13 and CS Disco, Inc. on 5.

Valuation

Metric CMRC LAW Software Application median
P/E n/m n/m 24.79
P/S 0.78 1.68 2.67
P/B 5.22 2.33 3.01
Price to free cash flow 13.78 n/m 16.59
EV/EBITDA 22.28 n/m 14.40
EV/Sales 0.76 1.07 2.62
Earnings yield (2.05%) (14.48%) 0.00%
Free cash flow yield 7.26% (5.84%) 1.91%

Profitability

Metric CMRC LAW Software Application median
Gross margin 77.17% 74.83% 67.03%
Operating margin 0.42% (25.74%) 0.00%
Net margin (1.67%) (24.20%) 0.00%
Free cash flow margin 5.64% (9.80%) 4.32%
Return on equity (12.78%) (31.34%) 0.00%
Return on assets (1.84%) (24.79%) 0.00%
Return on invested capital 1.95% (142.88%) 0.00%

Growth

Metric CMRC LAW Software Application median
Revenue growth (TTM) 2.77% 12.90% 12.40%
EPS growth (last fiscal year) 31.43% 22.58% —
Revenue growth, 5-year CAGR 17.58% 18.04% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CMRC LAW Software Application median
Debt to equity 2.95 0.00 0.02
Current ratio 2.03 3.77 1.55
Net debt to EBITDA (2.85) 2.39 0.06

Dividend

Metric CMRC LAW Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric CMRC LAW Software Application median
Market cap 261.01m 275.91m 396.11m

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