Duolingo, Inc. (DUOL) vs Full Truck Alliance Co. Ltd. Sponsored ADR (YMM)

Duolingo, Inc. and Full Truck Alliance Co. Ltd. Sponsored ADR are both Software Application companies. Full Truck Alliance Co. Ltd. Sponsored ADR is the larger, with a market value of $7.6B against $6.9B — 1.1× the size. Full Truck Alliance Co. Ltd. Sponsored ADR trades at the lower P/E: 13.8× against 16.2×. Duolingo, Inc. grew revenue faster over the last twelve months: 29.4% against 12.2%. Duolingo, Inc. has the higher net margin (35.9% vs 33.2%) and the higher return on invested capital (53.9% vs 15.6%). Across the 21 metrics below, Full Truck Alliance Co. Ltd. Sponsored ADR leads on 11 and Duolingo, Inc. on 10.

Valuation

Metric DUOL YMM Software Application median
P/E 16.16 13.78 24.79
P/S 5.85 4.50 2.67
P/B 4.75 1.40 3.01
Price to free cash flow 16.86 5.41 16.59
EV/EBITDA 31.93 7.94 14.40
EV/Sales 4.78 2.68 2.62
Earnings yield 6.19% 7.26% 0.00%
Free cash flow yield 5.93% 18.49% 1.91%

Profitability

Metric DUOL YMM Software Application median
Gross margin 72.72% 65.80% 67.03%
Operating margin 13.72% 33.79% 0.00%
Net margin 35.87% 33.18% 0.00%
Free cash flow margin 34.72% 0.00% 4.32%
Return on equity 34.42% 10.81% 0.00%
Return on assets 22.72% 9.81% 0.00%
Return on invested capital 53.94% 15.59% 0.00%

Growth

Metric DUOL YMM Software Application median
Revenue growth (TTM) 29.36% 12.21% 12.40%
EPS growth (last fiscal year) 355.85% 50.00% —
Revenue growth, 5-year CAGR 45.03% 35.19% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric DUOL YMM Software Application median
Debt to equity 0.06 0.00 0.02
Current ratio 2.72 7.96 1.55
Net debt to EBITDA (7.07) (4.05) 0.06

Dividend

Metric DUOL YMM Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric DUOL YMM Software Application median
Market cap 6.90b 7.61b 396.11m

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