Viant Technology Inc. (DSP) vs Sprout Social, Inc. (SPT)

Viant Technology Inc. and Sprout Social, Inc. are both Software Application companies. Viant Technology Inc. is the larger, with a market value of $841.2M against $654.1M — 1.3× the size. Sprout Social, Inc. has negative trailing earnings, so its P/E is not meaningful; Viant Technology Inc. trades at 25.3×. Viant Technology Inc. grew revenue faster over the last twelve months: 22.0% against 10.7%. Viant Technology Inc. has the higher net margin (2.24% vs −5.42%) and the higher return on invested capital (4.53% vs −12.1%). Across the 21 metrics below, Viant Technology Inc. leads on 19 and Sprout Social, Inc. on 2.

Valuation

Metric DSP SPT Software Application median
P/E 25.31 n/m 26.44
P/S 0.65 1.34 2.90
P/B 0.80 3.18 2.60
Price to free cash flow 5.33 15.59 17.04
EV/EBITDA 2.81 81.75 15.48
EV/Sales 0.22 1.19 3.00
Earnings yield 3.95% (4.06%) 0.20%
Free cash flow yield 18.78% 6.41% 1.96%

Profitability

Metric DSP SPT Software Application median
Gross margin 100.00% 77.16% 67.34%
Operating margin 2.35% (5.34%) 0.00%
Net margin 2.24% (5.42%) 0.00%
Free cash flow margin 12.29% 8.59% 5.77%
Return on equity 3.02% (13.27%) 0.00%
Return on assets 1.94% (5.46%) 0.00%
Return on invested capital 4.53% (12.08%) 0.00%

Growth

Metric DSP SPT Software Application median
Revenue growth (TTM) 21.99% 10.73% 12.12%
EPS growth (last fiscal year) 157.14% 32.11% 32.44%
Revenue growth, 5-year CAGR 15.81% 28.04% 14.34%
Net income growth, 5-year CAGR (13.89%) 0.00% 0.00%

Health

Metric DSP SPT Software Application median
Debt to equity 0.00 0.16 0.04
Current ratio 2.34 0.91 1.53
Net debt to EBITDA (6.21) 8.10 0.09

Dividend

Metric DSP SPT Software Application median
Dividend yield — — 1.07%
Payout ratio — — 0.28

Size

Metric DSP SPT Software Application median
Market cap 841.21m 654.14m 383.88m

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