EVgo Inc. (EVGO) vs Winmark Corporation (WINA)

EVgo Inc. and Winmark Corporation are both Specialty Retail companies. Winmark Corporation is the larger, with a market value of $1.1B against $430.9M — 2.5× the size. EVgo Inc. has negative trailing earnings, so its P/E is not meaningful; Winmark Corporation trades at 26.0×. EVgo Inc. grew revenue faster over the last twelve months: 30.7% against 3.76%. Winmark Corporation has the higher net margin (47.1% vs −13.5%) and the higher return on invested capital (0.00% vs −82.4%). Across the 18 metrics below, Winmark Corporation leads on 10 and EVgo Inc. on 8.

Valuation

Metric EVGO WINA Specialty Retail median
P/E n/m 25.97 17.14
P/S 0.48 12.27 0.48
P/B n/m n/m 1.71
Price to free cash flow n/m 25.87 13.04
EV/EBITDA n/m 20.12 8.92
EV/Sales 0.76 12.71 0.64
Earnings yield (28.99%) 3.85% 3.85%
Free cash flow yield (99.81%) 3.86% 3.02%

Profitability

Metric EVGO WINA Specialty Retail median
Gross margin 19.32% 96.66% 37.89%
Operating margin (30.51%) 62.33% 3.66%
Net margin (13.49%) 47.09% 1.42%
Free cash flow margin (47.98%) 47.41% 1.44%
Return on equity 43.38% (109.44%) 2.58%
Return on assets (5.93%) 94.36% 0.25%
Return on invested capital (82.36%) 0.00% 0.00%

Growth

Metric EVGO WINA Specialty Retail median
Revenue growth (TTM) 30.67% 3.76% 3.35%
EPS growth (last fiscal year) 24.39% 3.76% —
Revenue growth, 5-year CAGR 92.38% 5.43% 3.70%
Net income growth, 5-year CAGR 0.00% 6.91% 0.00%

Health

Metric EVGO WINA Specialty Retail median
Debt to equity (14.54) (1.59) 0.27
Current ratio 2.19 3.75 1.35
Net debt to EBITDA (0.16) 0.89 0.24

Dividend

Metric EVGO WINA Specialty Retail median
Dividend yield — 0.64% 1.73%
Payout ratio 0.00 0.26 0.00

Size

Metric EVGO WINA Specialty Retail median
Market cap 430.89m 1.07b 348.57m

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