DLH Holdings Corp. (DLHC) vs Network-1 Technologies, Inc. (NTIP)

DLH Holdings Corp. and Network-1 Technologies, Inc. are both Specialty Business Services companies. DLH Holdings Corp. is the larger, with a market value of $54.6M against $35.7M — 1.5× the size. DLH Holdings Corp. grew revenue faster over the last twelve months: −29.5% against −93.7%. Network-1 Technologies, Inc. has the higher net margin (0.00% vs −8.51%) and the lower return on invested capital (−72.9% vs −0.08%). Across the 19 metrics below, Network-1 Technologies, Inc. leads on 10 and DLH Holdings Corp. on 9.

Valuation

Metric DLHC NTIP Specialty Business Services median
P/E n/m n/m 23.86
P/S 0.20 15.69 1.06
P/B 0.55 0.97 2.37
Price to free cash flow 3.72 n/m 16.54
EV/EBITDA 9.67 n/m 11.51
EV/Sales 0.70 1.11 1.51
Earnings yield (41.69%) (7.55%) 2.14%
Free cash flow yield 26.88% (5.12%) 1.55%

Profitability

Metric DLHC NTIP Specialty Business Services median
Gross margin 18.35% 53.28% 35.31%
Operating margin (0.11%) 0.00% 3.43%
Net margin (8.51%) 0.00% 1.67%
Free cash flow margin 5.46% 0.00% 3.28%
Return on equity (20.84%) (6.92%) 0.58%
Return on assets (7.78%) (6.79%) 0.33%
Return on invested capital (0.08%) (72.87%) 0.65%

Growth

Metric DLHC NTIP Specialty Business Services median
Revenue growth (TTM) (29.52%) (93.67%) 6.04%
EPS growth (last fiscal year) (82.35%) 15.38% —
Revenue growth, 5-year CAGR 10.49% (45.21%) 7.66%
Net income growth, 5-year CAGR (28.15%) 0.00% 0.00%

Health

Metric DLHC NTIP Specialty Business Services median
Debt to equity 1.35 0.00 0.21
Current ratio 0.67 46.95 1.62
Net debt to EBITDA 3.58 11.75 1.16

Dividend

Metric DLHC NTIP Specialty Business Services median
Dividend yield — 4.63% 1.61%
Payout ratio 0.00 0.91 0.00

Size

Metric DLHC NTIP Specialty Business Services median
Market cap 54.64m 35.67m 879.14m

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