eToro Group Ltd. (ETOR) vs Hyperliquid Strategies Inc (PURR)

eToro Group Ltd. and Hyperliquid Strategies Inc are both Capital Markets companies. Hyperliquid Strategies Inc is the larger, with a market value of $3.3B against $2.2B — 1.5× the size. Hyperliquid Strategies Inc has negative trailing earnings, so its P/E is not meaningful; eToro Group Ltd. trades at 8.6×. Hyperliquid Strategies Inc grew revenue faster over the last twelve months: 2,702.3% against −9.93%. eToro Group Ltd. has the higher net margin (2.20% vs −4,544.1%) and the higher return on invested capital (111.1% vs −10.2%). Across the 17 metrics below, eToro Group Ltd. leads on 12 and Hyperliquid Strategies Inc on 5.

Valuation

Metric ETOR PURR Capital Markets median
P/E 8.57 n/m 15.78
P/S 0.18 384.57 2.32
P/B 1.58 2.14 1.89
Price to free cash flow 7.12 n/m 6.25
EV/EBITDA 2.62 n/m 8.87
EV/Sales 0.08 357.34 2.28
Earnings yield 11.67% (61.39%) (3.77%)
Free cash flow yield 14.05% (1.50%) (1.49%)

Profitability

Metric ETOR PURR Capital Markets median
Gross margin 7.09% 100.00% 62.80%
Operating margin 3.00% (2,473.03%) 0.00%
Net margin 2.20% (4,544.08%) (0.55%)
Free cash flow margin 2.55% (549.07%) 0.00%
Return on equity 19.50% (50.62%) 0.00%
Return on assets 14.65% 0.00% 0.00%
Return on invested capital 111.10% (10.16%) 0.00%

Growth

Metric ETOR PURR Capital Markets median
Revenue growth (TTM) (9.93%) 2,702.30% 21.02%
EPS growth (last fiscal year) 0.65% 197.59% —
Revenue growth, 5-year CAGR — 93.37% 18.16%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric ETOR PURR Capital Markets median
Debt to equity 0.02 0.00 0.08
Current ratio 4.02 18.22 1.51
Net debt to EBITDA (3.89) (0.28) (0.24)

Dividend

Metric ETOR PURR Capital Markets median
Dividend yield — — 2.20%
Payout ratio — 0.00 0.00

Size

Metric ETOR PURR Capital Markets median
Market cap 2.18b 3.31b 724.58m

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