Dropbox, Inc. (DBX) vs SentinelOne, Inc. (S)

Dropbox, Inc. and SentinelOne, Inc. are both Software Infrastructure companies. SentinelOne, Inc. is the larger, with a market value of $8.4B against $7.1B — 1.2× the size. SentinelOne, Inc. has negative trailing earnings, so its P/E is not meaningful; Dropbox, Inc. trades at 17.7×. SentinelOne, Inc. grew revenue faster over the last twelve months: 21.1% against −0.05%. Dropbox, Inc. has the higher net margin (17.5% vs −31.0%) and the higher return on invested capital (271.8% vs −25.5%). Across the 18 metrics below, Dropbox, Inc. leads on 14 and SentinelOne, Inc. on 4.

Valuation

Metric DBX S Software Infrastructure median
P/E 17.72 n/m 28.02
P/S 2.86 6.96 3.07
P/B n/m 5.28 3.36
Price to free cash flow 7.60 247.70 17.12
EV/EBITDA 11.06 n/m 14.91
EV/Sales 3.79 6.38 3.03
Earnings yield 5.64% (4.51%) 0.13%
Free cash flow yield 13.16% 0.40% 1.15%

Profitability

Metric DBX S Software Infrastructure median
Gross margin 79.72% 72.54% 61.23%
Operating margin 26.64% (29.46%) 0.00%
Net margin 17.49% (30.95%) 0.00%
Free cash flow margin 37.68% 2.81% 1.67%
Return on equity (25.35%) (23.01%) 0.59%
Return on assets 15.80% (14.37%) 0.00%
Return on invested capital 271.80% (25.50%) 0.00%

Growth

Metric DBX S Software Infrastructure median
Revenue growth (TTM) (0.05%) 21.09% 13.41%
EPS growth (last fiscal year) 32.86% (48.91%) —
Revenue growth, 5-year CAGR 5.66% 60.83% 15.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric DBX S Software Infrastructure median
Debt to equity (1.58) 0.00 0.06
Current ratio 1.07 1.45 1.55
Net debt to EBITDA 2.26 3.34 0.08

Dividend

Metric DBX S Software Infrastructure median
Dividend yield 0.05% — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric DBX S Software Infrastructure median
Market cap 7.10b 8.36b 835.96m

Compare with another peer

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