Cricut, Inc. (CRCT) vs Rigetti Computing, Inc. (RGTI)

Cricut, Inc. and Rigetti Computing, Inc. are both Computer Hardware companies. Rigetti Computing, Inc. is the larger, with a market value of $4.7B against $1.3B — 3.5× the size. Rigetti Computing, Inc. has negative trailing earnings, so its P/E is not meaningful; Cricut, Inc. trades at 15.0×. Rigetti Computing, Inc. grew revenue faster over the last twelve months: 68.5% against −3.11%. Cricut, Inc. has the higher net margin (12.7% vs −1,787.4%) and the higher return on invested capital (81.6% vs −42.3%). Across the 17 metrics below, Cricut, Inc. leads on 13 and Rigetti Computing, Inc. on 4.

Valuation

Metric CRCT RGTI Computer Hardware median
P/E 14.95 n/m 19.12
P/S 1.95 350.11 2.86
P/B 3.66 8.70 2.40
Price to free cash flow 9.13 n/m 26.32
EV/EBITDA 8.52 n/m 18.21
EV/Sales 1.62 321.62 2.80
Earnings yield 6.69% (5.27%) (4.87%)
Free cash flow yield 10.96% (1.87%) (3.32%)

Profitability

Metric CRCT RGTI Computer Hardware median
Gross margin 57.94% 34.61% 37.84%
Operating margin 15.50% (727.62%) (0.80%)
Net margin 12.71% (1,787.40%) (14.15%)
Free cash flow margin 21.41% (655.90%) (0.50%)
Return on equity 25.90% (43.77%) (2.10%)
Return on assets 13.41% (37.15%) (0.42%)
Return on invested capital 81.55% (42.25%) 0.00%

Growth

Metric CRCT RGTI Computer Hardware median
Revenue growth (TTM) (3.11%) 68.49% 27.21%
EPS growth (last fiscal year) 20.69% 35.78% 33.11%
Revenue growth, 5-year CAGR (5.87%) — 1.14%
Net income growth, 5-year CAGR (13.08%) 0.00% 0.00%

Health

Metric CRCT RGTI Computer Hardware median
Debt to equity 0.00 0.00 0.00
Current ratio 2.49 3.94 2.76
Net debt to EBITDA (2.29) 5.13 0.42

Dividend

Metric CRCT RGTI Computer Hardware median
Dividend yield 3.11% — 1.12%
Payout ratio 0.47 — 0.26

Size

Metric CRCT RGTI Computer Hardware median
Market cap 1.34b 4.72b 442.56m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack