Eve Holding, Inc. (EVEX) vs Red Cat Holdings, Inc. (RCAT)

Eve Holding, Inc. and Red Cat Holdings, Inc. are both Aerospace & Defense companies. Eve Holding, Inc. and Red Cat Holdings, Inc. are of similar size ($547.1M and $520.0M). Eve Holding, Inc. has the higher net margin (0.00% vs −136.3%) and the lower return on invested capital (−49.8% vs −45.8%). Across the 14 metrics below, Red Cat Holdings, Inc. leads on 10 and Eve Holding, Inc. on 4.

Valuation

Metric EVEX RCAT Aerospace & Defense median
P/E n/m n/m 28.48
P/S n/m 6.58 2.95
P/B 24.35 1.00 2.68
Price to free cash flow n/m n/m 31.70
EV/EBITDA n/m n/m 16.85
EV/Sales n/m 2.16 2.74
Earnings yield (39.24%) (23.55%) 0.89%
Free cash flow yield (37.55%) (33.49%) 0.00%

Profitability

Metric EVEX RCAT Aerospace & Defense median
Gross margin 0.00% 9.75% 26.41%
Operating margin 0.00% (150.15%) 3.69%
Net margin 0.00% (136.27%) 2.74%
Free cash flow margin 0.00% (220.44%) 0.00%
Return on equity (1,179.18%) (34.40%) 4.44%
Return on assets (59.50%) (30.05%) 1.90%
Return on invested capital (49.77%) (45.82%) 0.26%

Growth

Metric EVEX RCAT Aerospace & Defense median
Revenue growth (TTM) — 836.18% 18.03%
EPS growth (last fiscal year) (45.83%) (28.95%) 24.80%
Revenue growth, 5-year CAGR — 52.12% 9.73%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EVEX RCAT Aerospace & Defense median
Debt to equity 13.90 0.00 0.20
Current ratio 3.48 14.86 2.85
Net debt to EBITDA (0.34) 2.60 1.29

Dividend

Metric EVEX RCAT Aerospace & Defense median
Dividend yield — — 0.91%
Payout ratio — — 0.30

Size

Metric EVEX RCAT Aerospace & Defense median
Market cap 547.13m 519.99m 1.78b

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