Docebo Inc. (DCBO) vs Gloo Holdings, Inc. (GLOO)

Docebo Inc. and Gloo Holdings, Inc. are both Software Application companies. Docebo Inc. is the larger, with a market value of $558.1M against $436.6M — 1.3× the size. Gloo Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; Docebo Inc. trades at 19.5×. Docebo Inc. has the higher net margin (13.0% vs −87.9%) and the higher return on invested capital (25.2% vs −41.1%). Across the 15 metrics below, Docebo Inc. leads on 13 and Gloo Holdings, Inc. on 2.

Valuation

Metric DCBO GLOO Software Application median
P/E 19.52 n/m 24.79
P/S 2.25 2.60 2.67
P/B n/m 2.57 3.01
Price to free cash flow 16.59 n/m 16.59
EV/EBITDA 26.06 n/m 14.40
EV/Sales 2.43 2.59 2.62
Earnings yield 5.12% (153.25%) 0.00%
Free cash flow yield 6.03% (19.58%) 1.91%

Profitability

Metric DCBO GLOO Software Application median
Gross margin 79.40% 29.69% 67.03%
Operating margin 7.14% (65.44%) 0.00%
Net margin 12.98% (87.87%) 0.00%
Free cash flow margin 13.53% (50.91%) 4.32%
Return on equity 195.48% 213.84% 0.00%
Return on assets 16.23% (100.00%) 0.00%
Return on invested capital 25.21% (41.05%) 0.00%

Growth

Metric DCBO GLOO Software Application median
Revenue growth (TTM) 12.33% — 12.40%
EPS growth (last fiscal year) 48.84% (76.48%) —
Revenue growth, 5-year CAGR 31.00% — 13.72%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric DCBO GLOO Software Application median
Debt to equity (300.09) 0.24 0.02
Current ratio 0.83 1.23 1.55
Net debt to EBITDA (2.73) 0.24 0.06

Dividend

Metric DCBO GLOO Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 — 0.00

Size

Metric DCBO GLOO Software Application median
Market cap 558.13m 436.60m 396.11m

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