Dolby Laboratories (DLB) vs RELX PLC (RELX)

Dolby Laboratories and RELX PLC are both Specialty Business Services companies. RELX PLC is the larger, with a market value of $66.7B against $5.7B — 11.7× the size. RELX PLC trades at the lower P/E: 17.9× against 25.2×. RELX PLC grew revenue faster over the last twelve months: 10.3% against 0.55%. RELX PLC has the higher net margin (19.7% vs 16.7%) and the lower return on invested capital (0.00% vs 8.06%). Both pay a dividend; Dolby Laboratories yields more (2.40% vs 2.34%). Across the 20 metrics below, Dolby Laboratories leads on 11 and RELX PLC on 9.

Valuation

Metric DLB RELX Specialty Business Services median
P/E 25.19 17.87 24.35
P/S 4.17 n/m 1.05
P/B 2.18 n/m 2.27
Price to free cash flow 15.64 n/m 16.71
EV/EBITDA 14.34 1.51 11.55
EV/Sales 3.63 0.55 1.53
Earnings yield 3.97% 5.60% 1.82%
Free cash flow yield 6.39% 0.00% 1.51%

Profitability

Metric DLB RELX Specialty Business Services median
Gross margin 87.61% 60.78% 35.31%
Operating margin 17.65% 0.00% 3.43%
Net margin 16.70% 19.65% 1.67%
Free cash flow margin 26.66% 0.00% 3.28%
Return on equity 8.69% 0.00% 0.00%
Return on assets 7.12% 0.00% 0.00%
Return on invested capital 8.06% 0.00% 0.65%

Growth

Metric DLB RELX Specialty Business Services median
Revenue growth (TTM) 0.55% 10.29% 6.30%
EPS growth (last fiscal year) (2.60%) 12.12% 6.56%
Revenue growth, 5-year CAGR 3.04% 6.73% 7.66%
Net income growth, 5-year CAGR 1.97% 11.62% 0.00%

Health

Metric DLB RELX Specialty Business Services median
Debt to equity 0.00 7.10 0.21
Current ratio 3.19 0.45 1.62
Net debt to EBITDA (2.18) 1.89 1.16

Dividend

Metric DLB RELX Specialty Business Services median
Dividend yield 2.40% 2.34% 2.27%
Payout ratio 0.61 — 0.35

Size

Metric DLB RELX Specialty Business Services median
Market cap 5.70b 66.73b 796.45m

Compare with another peer

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