Dave Inc. (DAVE) vs Workiva Inc. (WK)

Dave Inc. and Workiva Inc. are both Software Application companies. Dave Inc. and Workiva Inc. are of similar size ($4.2B and $3.9B). Dave Inc. trades at the lower P/E: 19.6× against 83.9×. Dave Inc. grew revenue faster over the last twelve months: 48.6% against 19.7%. Dave Inc. has the higher net margin (34.6% vs 4.87%) and the higher return on invested capital (62.1% vs 0.00%). Across the 19 metrics below, Dave Inc. leads on 16 and Workiva Inc. on 3.

Valuation

Metric DAVE WK Software Application median
P/E 19.61 83.90 24.79
P/S 6.42 4.01 2.67
P/B 19.88 n/m 3.01
Price to free cash flow 12.95 19.36 16.59
EV/EBITDA 18.05 93.95 14.40
EV/Sales 6.44 3.98 2.62
Earnings yield 5.10% 1.19% 0.00%
Free cash flow yield 7.72% 5.17% 1.91%

Profitability

Metric DAVE WK Software Application median
Gross margin 100.00% 80.21% 67.03%
Operating margin 34.52% 3.26% 0.00%
Net margin 34.59% 4.87% 0.00%
Free cash flow margin 49.59% 20.73% 4.32%
Return on equity 104.78% (57.50%) 0.00%
Return on assets 47.66% 3.46% 0.00%
Return on invested capital 62.13% 0.00% 0.00%

Growth

Metric DAVE WK Software Application median
Revenue growth (TTM) 48.63% 19.67% 12.40%
EPS growth (last fiscal year) 222.91% 52.53% —
Revenue growth, 5-year CAGR — 20.26% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric DAVE WK Software Application median
Debt to equity 1.29 (8.05) 0.02
Current ratio 4.22 1.47 1.55
Net debt to EBITDA (0.24) 3.25 0.06

Dividend

Metric DAVE WK Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric DAVE WK Software Application median
Market cap 4.23b 3.89b 396.11m

Compare with another peer

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