eToro Group Ltd. (ETOR) vs Lazard, Inc. (LAZ)

eToro Group Ltd. and Lazard, Inc. are both Capital Markets companies. Lazard, Inc. is the larger, with a market value of $3.5B against $2.2B — 1.6× the size. eToro Group Ltd. trades at the lower P/E: 8.6× against 16.6×. Lazard, Inc. grew revenue faster over the last twelve months: 5.69% against −9.93%. Lazard, Inc. has the higher net margin (6.80% vs 2.20%) and the lower return on invested capital (14.9% vs 111.1%). Across the 20 metrics below, eToro Group Ltd. leads on 12 and Lazard, Inc. on 8.

Valuation

Metric ETOR LAZ Capital Markets median
P/E 8.57 16.62 15.78
P/S 0.18 1.16 2.32
P/B 1.58 4.11 1.89
Price to free cash flow 7.12 5.62 6.25
EV/EBITDA 2.62 4.87 8.87
EV/Sales 0.08 1.28 2.28
Earnings yield 11.67% 6.02% (3.77%)
Free cash flow yield 14.05% 17.80% (1.49%)

Profitability

Metric ETOR LAZ Capital Markets median
Gross margin 7.09% 100.00% 62.80%
Operating margin 3.00% 9.54% 0.00%
Net margin 2.20% 6.80% (0.55%)
Free cash flow margin 2.55% 20.57% 0.00%
Return on equity 19.50% 25.91% 0.00%
Return on assets 14.65% 4.95% 0.00%
Return on invested capital 111.10% 14.86% 0.00%

Growth

Metric ETOR LAZ Capital Markets median
Revenue growth (TTM) (9.93%) 5.69% 21.02%
EPS growth (last fiscal year) 0.65% (19.03%) —
Revenue growth, 5-year CAGR — 3.84% 18.16%
Net income growth, 5-year CAGR — (10.17%) 0.00%

Health

Metric ETOR LAZ Capital Markets median
Debt to equity 0.02 1.87 0.08
Current ratio 4.02 2.84 1.51
Net debt to EBITDA (3.89) 0.02 (0.24)

Dividend

Metric ETOR LAZ Capital Markets median
Dividend yield — 5.21% 2.20%
Payout ratio — 0.39 0.00

Size

Metric ETOR LAZ Capital Markets median
Market cap 2.18b 3.52b 724.58m

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