CoreCivic, Inc. (CXW) vs Evolv Technologies Holdings, Inc. (EVLV)

CoreCivic, Inc. and Evolv Technologies Holdings, Inc. are both Security & Protection Services companies. CoreCivic, Inc. is the larger, with a market value of $3.4B against $887.5M — 3.8× the size. Evolv Technologies Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; CoreCivic, Inc. trades at 25.3×. Evolv Technologies Holdings, Inc. grew revenue faster over the last twelve months: 41.7% against 24.4%. CoreCivic, Inc. has the higher net margin (5.15% vs −3.05%) and the higher return on invested capital (5.76% vs −26.4%). Across the 19 metrics below, CoreCivic, Inc. leads on 14 and Evolv Technologies Holdings, Inc. on 5.

Valuation

Metric CXW EVLV Security & Protection Services median
P/E 25.30 n/m 21.88
P/S 1.28 5.03 1.21
P/B 2.21 7.26 2.21
Price to free cash flow 44.17 n/m 20.62
EV/EBITDA 11.39 n/m 12.37
EV/Sales 1.77 4.84 1.86
Earnings yield 3.95% (0.63%) 3.67%
Free cash flow yield 2.26% (0.64%) 1.13%

Profitability

Metric CXW EVLV Security & Protection Services median
Gross margin 22.58% 49.86% 41.45%
Operating margin 9.88% (20.77%) 8.06%
Net margin 5.15% (3.05%) 3.72%
Free cash flow margin 2.90% (3.23%) 1.45%
Return on equity 8.77% (4.94%) 9.87%
Return on assets 3.92% (1.79%) 2.54%
Return on invested capital 5.76% (26.42%) 3.11%

Growth

Metric CXW EVLV Security & Protection Services median
Revenue growth (TTM) 24.35% 41.67% 5.96%
EPS growth (last fiscal year) 74.19% 41.18% —
Revenue growth, 5-year CAGR 3.02% 98.08% 7.35%
Net income growth, 5-year CAGR 16.56% 0.00% 0.00%

Health

Metric CXW EVLV Security & Protection Services median
Debt to equity 0.94 0.24 0.20
Current ratio 1.32 1.18 1.93
Net debt to EBITDA 3.16 1.68 1.55

Dividend

Metric CXW EVLV Security & Protection Services median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric CXW EVLV Security & Protection Services median
Market cap 3.40b 887.52m 395.79m

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