HWH International Inc. (ESYN) vs Here Group Limited (HERE)

HWH International Inc. and Here Group Limited are both Leisure companies. Here Group Limited is the larger, with a market value of $66.1M against $20.6M — 3.2× the size. HWH International Inc. has negative trailing earnings, so its P/E is not meaningful; Here Group Limited trades at 2.0×. Here Group Limited grew revenue faster over the last twelve months: −64.0% against −68.5%. Here Group Limited has the higher net margin (31.1% vs −657.5%) and the higher return on invested capital (4.70% vs −152.4%). Across the 16 metrics below, Here Group Limited leads on 13 and HWH International Inc. on 3.

Valuation

Metric ESYN HERE Leisure median
P/E n/m 1.97 17.42
P/S 49.52 0.59 1.02
P/B 6.90 0.78 2.13
Price to free cash flow n/m 0.91 11.49
EV/EBITDA n/m n/m 9.97
EV/Sales 47.11 (0.04) 2.00
Earnings yield (14.84%) 50.89% 2.85%
Free cash flow yield (4.95%) 109.93% 3.64%

Profitability

Metric ESYN HERE Leisure median
Gross margin 86.15% 57.96% 48.02%
Operating margin (737.58%) 0.92% 3.08%
Net margin (657.54%) 31.14% 2.58%
Free cash flow margin (245.07%) 0.00% 2.13%
Return on equity (83.77%) 42.26% 0.00%
Return on assets (33.92%) 22.16% 0.05%
Return on invested capital (152.42%) 4.70% 3.95%

Growth

Metric ESYN HERE Leisure median
Revenue growth (TTM) (68.52%) (64.02%) 3.28%
EPS growth (last fiscal year) 44.44% (80.67%) —
Revenue growth, 5-year CAGR — (19.84%) 4.22%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ESYN HERE Leisure median
Debt to equity 0.00 0.00 0.02
Current ratio 1.82 4.82 1.76
Net debt to EBITDA 0.60 2.07 1.85

Dividend

Metric ESYN HERE Leisure median
Dividend yield — — 2.86%
Payout ratio 0.00 — 0.00

Size

Metric ESYN HERE Leisure median
Market cap 20.55m 66.08m 293.27m

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