CryoPort, Inc. (CYRX) vs Pitney Bowes Inc. (PBI)

CryoPort, Inc. and Pitney Bowes Inc. are both Integrated Freight & Logistics companies. Pitney Bowes Inc. is the larger, with a market value of $2.2B against $881.3M — 2.5× the size. CryoPort, Inc. has negative trailing earnings, so its P/E is not meaningful; Pitney Bowes Inc. trades at 13.1×. CryoPort, Inc. grew revenue faster over the last twelve months: 12.1% against −5.31%. Pitney Bowes Inc. has the higher net margin (10.0% vs −24.3%) and the higher return on invested capital (27.8% vs −8.79%). Across the 17 metrics below, Pitney Bowes Inc. leads on 13 and CryoPort, Inc. on 4.

Valuation

Metric CYRX PBI Integrated Freight & Logistics median
P/E n/m 13.10 21.28
P/S 4.71 1.20 0.71
P/B 1.98 n/m 1.67
Price to free cash flow n/m 5.39 15.27
EV/EBITDA n/m 7.87 8.95
EV/Sales 3.59 2.14 1.06
Earnings yield (5.17%) 7.63% (1.34%)
Free cash flow yield (2.43%) 18.55% 0.00%

Profitability

Metric CYRX PBI Integrated Freight & Logistics median
Gross margin 47.08% 54.08% 26.33%
Operating margin (21.25%) 21.22% 0.92%
Net margin (24.34%) 10.04% (0.14%)
Free cash flow margin (11.45%) 22.25% 0.00%
Return on equity (9.85%) (26.76%) 0.00%
Return on assets (5.93%) 5.99% 0.00%
Return on invested capital (8.79%) 27.75% 0.00%

Growth

Metric CYRX PBI Integrated Freight & Logistics median
Revenue growth (TTM) 12.14% (5.31%) 6.03%
EPS growth (last fiscal year) 156.22% 175.00% —
Revenue growth, 5-year CAGR 17.49% (11.84%) 2.88%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CYRX PBI Integrated Freight & Logistics median
Debt to equity 0.38 (2.36) 0.12
Current ratio 2.08 0.73 1.57
Net debt to EBITDA 52.00 3.79 0.86

Dividend

Metric CYRX PBI Integrated Freight & Logistics median
Dividend yield — 6.38% 2.25%
Payout ratio 0.00 1.11 0.13

Size

Metric CYRX PBI Integrated Freight & Logistics median
Market cap 881.29m 2.24b 56.42m

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