Cricut, Inc. (CRCT) vs Unusual Machines, Inc. (UMAC)

Cricut, Inc. and Unusual Machines, Inc. are both Computer Hardware companies. Cricut, Inc. and Unusual Machines, Inc. are of similar size ($1.2B and $1.2B). Unusual Machines, Inc. has negative trailing earnings, so its P/E is not meaningful; Cricut, Inc. trades at 14.3×. Unusual Machines, Inc. grew revenue faster over the last twelve months: 313.6% against −3.11%. Cricut, Inc. has the higher net margin (12.7% vs −20.3%) and the higher return on invested capital (81.6% vs −26.0%). Across the 16 metrics below, Cricut, Inc. leads on 12 and Unusual Machines, Inc. on 4.

Valuation

Metric CRCT UMAC Computer Hardware median
P/E 14.28 n/m 20.64
P/S 1.87 36.70 2.95
P/B 3.49 3.01 2.78
Price to free cash flow 8.71 n/m 25.64
EV/EBITDA 7.75 n/m 20.51
EV/Sales 1.47 26.87 3.48
Earnings yield 7.00% (1.04%) (4.08%)
Free cash flow yield 11.47% (5.25%) (2.90%)

Profitability

Metric CRCT UMAC Computer Hardware median
Gross margin 57.94% 34.76% 37.84%
Operating margin 15.50% (93.52%) (0.80%)
Net margin 12.71% (20.29%) (14.15%)
Free cash flow margin 21.41% (192.70%) 0.00%
Return on equity 25.90% (2.94%) (2.10%)
Return on assets 13.41% (2.87%) (0.42%)
Return on invested capital 81.55% (25.98%) 0.00%

Growth

Metric CRCT UMAC Computer Hardware median
Revenue growth (TTM) (3.11%) 313.57% 27.21%
EPS growth (last fiscal year) 20.69% 80.73% —
Revenue growth, 5-year CAGR (11.51%) — 0.81%
Net income growth, 5-year CAGR (11.34%) — 0.00%

Health

Metric CRCT UMAC Computer Hardware median
Debt to equity 0.00 0.00 0.00
Current ratio 2.49 53.82 2.76
Net debt to EBITDA (2.29) 5.70 0.46

Dividend

Metric CRCT UMAC Computer Hardware median
Dividend yield 16.92% — 2.47%
Payout ratio 0.00 — 0.00

Size

Metric CRCT UMAC Computer Hardware median
Market cap 1.24b 1.21b 462.08m

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