Compass Diversified Holdings (CODI) vs Matthews International Corporation (MATW)

Compass Diversified Holdings and Matthews International Corporation are both Conglomerates companies. Compass Diversified Holdings is the larger, with a market value of $846.4M against $599.9M — 1.4× the size. Compass Diversified Holdings grew revenue faster over the last twelve months: −4.83% against −31.8%. Matthews International Corporation has the higher net margin (−2.65% vs −5.29%) and the higher return on invested capital (4.29% vs 1.84%). Both pay a dividend; Compass Diversified Holdings yields more (4.54% vs 3.27%). Across the 20 metrics below, Matthews International Corporation leads on 12 and Compass Diversified Holdings on 8.

Valuation

Metric CODI MATW Conglomerates median
P/E n/m n/m 17.47
P/S 0.47 0.54 0.88
P/B 6.54 1.23 1.40
Price to free cash flow 10.63 n/m 12.58
EV/EBITDA 11.45 9.32 11.36
EV/Sales 1.31 1.02 1.37
Earnings yield (19.29%) (4.91%) 0.65%
Free cash flow yield 9.41% (13.76%) 0.00%

Profitability

Metric CODI MATW Conglomerates median
Gross margin 44.59% 36.61% 33.55%
Operating margin 3.46% 6.30% 3.36%
Net margin (5.29%) (2.65%) 0.97%
Free cash flow margin 4.44% (7.40%) (0.94%)
Return on equity (304.87%) (5.87%) 0.75%
Return on assets (3.15%) (1.83%) 0.10%
Return on invested capital 1.84% 4.29% 0.73%

Growth

Metric CODI MATW Conglomerates median
Revenue growth (TTM) (4.83%) (31.82%) 8.17%
EPS growth (last fiscal year) (214.91%) 59.07% —
Revenue growth, 5-year CAGR 5.29% (0.01%) 6.01%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CODI MATW Conglomerates median
Debt to equity 2.61 1.17 0.48
Current ratio 2.26 1.76 1.79
Net debt to EBITDA 11.78 4.61 1.36

Dividend

Metric CODI MATW Conglomerates median
Dividend yield 4.54% 3.27% 2.53%
Payout ratio — 9.56 0.00

Size

Metric CODI MATW Conglomerates median
Market cap 846.40m 599.92m 519.65m

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