Commerce.com, Inc. (CMRC) vs Silvaco Group, Inc. (SVCO)

Commerce.com, Inc. and Silvaco Group, Inc. are both Software Application companies. Silvaco Group, Inc. is the larger, with a market value of $288.4M against $261.0M — 1.1× the size. Silvaco Group, Inc. grew revenue faster over the last twelve months: 31.9% against 2.77%. Commerce.com, Inc. has the higher net margin (−1.67% vs −30.4%) and the higher return on invested capital (1.95% vs −22.8%). Across the 17 metrics below, Commerce.com, Inc. leads on 13 and Silvaco Group, Inc. on 4.

Valuation

Metric CMRC SVCO Software Application median
P/E n/m n/m 24.79
P/S 0.78 3.81 2.67
P/B 5.22 3.30 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 3.72 2.62
Earnings yield (2.05%) (8.61%) 0.00%
Free cash flow yield 7.26% (12.43%) 1.91%

Profitability

Metric CMRC SVCO Software Application median
Gross margin 77.17% 83.12% 67.03%
Operating margin 0.42% (35.56%) 0.00%
Net margin (1.67%) (30.44%) 0.00%
Free cash flow margin 5.64% (47.35%) 4.32%
Return on equity (12.78%) (27.03%) 0.00%
Return on assets (1.84%) (18.16%) 0.00%
Return on invested capital 1.95% (22.81%) 0.00%

Growth

Metric CMRC SVCO Software Application median
Revenue growth (TTM) 2.77% 31.86% 12.40%
EPS growth (last fiscal year) 31.43% 9.15% —
Revenue growth, 5-year CAGR 17.58% — 13.72%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric CMRC SVCO Software Application median
Debt to equity 2.95 0.00 0.02
Current ratio 2.03 1.72 1.55
Net debt to EBITDA (2.85) 0.43 0.06

Dividend

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

Size

Metric CMRC SVCO Software Application median
Market cap 261.01m 288.36m 396.11m

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