CoreCivic, Inc. (CXW) vs Mistras Group Inc (MG)

CoreCivic, Inc. and Mistras Group Inc are both Security & Protection Services companies. CoreCivic, Inc. is the larger, with a market value of $3.4B against $681.2M — 5.0× the size. Mistras Group Inc trades at the lower P/E: 25.0× against 25.3×. CoreCivic, Inc. grew revenue faster over the last twelve months: 24.4% against 5.23%. CoreCivic, Inc. has the higher net margin (5.15% vs 3.65%) and the lower return on invested capital (5.76% vs 7.73%). Across the 22 metrics below, Mistras Group Inc leads on 16 and CoreCivic, Inc. on 6.

Valuation

Metric CXW MG Security & Protection Services median
P/E 25.30 25.02 21.88
P/S 1.28 0.93 1.21
P/B 2.21 2.85 2.21
Price to free cash flow 44.17 23.83 20.62
EV/EBITDA 11.39 10.36 12.37
EV/Sales 1.77 1.16 1.86
Earnings yield 3.95% 4.00% 3.67%
Free cash flow yield 2.26% 4.20% 1.13%

Profitability

Metric CXW MG Security & Protection Services median
Gross margin 22.58% 28.53% 41.45%
Operating margin 9.88% 6.87% 8.06%
Net margin 5.15% 3.65% 3.72%
Free cash flow margin 2.90% 3.89% 1.45%
Return on equity 8.77% 11.82% 9.87%
Return on assets 3.92% 4.67% 2.54%
Return on invested capital 5.76% 7.73% 3.11%

Growth

Metric CXW MG Security & Protection Services median
Revenue growth (TTM) 24.35% 5.23% 5.96%
EPS growth (last fiscal year) 74.19% (11.67%) —
Revenue growth, 5-year CAGR 3.02% 4.09% 7.35%
Net income growth, 5-year CAGR 16.56% 0.00% 0.00%

Health

Metric CXW MG Security & Protection Services median
Debt to equity 0.94 0.80 0.20
Current ratio 1.32 1.71 1.93
Net debt to EBITDA 3.16 2.34 1.55

Dividend

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

Size

Metric CXW MG Security & Protection Services median
Market cap 3.40b 681.17m 395.79m

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