Evolv Technologies Holdings, Inc. (EVLV) vs NLI Holdings, Inc. (NL)

Evolv Technologies Holdings, Inc. and NLI Holdings, Inc. are both Security & Protection Services companies. Evolv Technologies Holdings, Inc. is the larger, with a market value of $887.5M against $344.3M — 2.6× the size. Evolv Technologies Holdings, Inc. grew revenue faster over the last twelve months: 41.7% against 5.96%. Evolv Technologies Holdings, Inc. has the higher net margin (−3.05% vs −15.8%) and the lower return on invested capital (−26.4% vs 3.44%). Across the 18 metrics below, NLI Holdings, Inc. leads on 10 and Evolv Technologies Holdings, Inc. on 8.

Valuation

Metric EVLV NL Security & Protection Services median
P/E n/m n/m 21.88
P/S 5.03 2.12 1.21
P/B 7.26 0.90 2.21
Price to free cash flow n/m 42.34 20.62
EV/EBITDA n/m 12.64 12.37
EV/Sales 4.84 1.44 1.86
Earnings yield (0.63%) (7.41%) 3.67%
Free cash flow yield (0.64%) 2.36% 1.13%

Profitability

Metric EVLV NL Security & Protection Services median
Gross margin 49.86% 32.08% 41.45%
Operating margin (20.77%) 9.25% 8.06%
Net margin (3.05%) (15.79%) 3.72%
Free cash flow margin (3.23%) 5.01% 1.45%
Return on equity (4.94%) (6.40%) 9.87%
Return on assets (1.79%) (5.14%) 2.54%
Return on invested capital (26.42%) 3.44% 3.11%

Growth

Metric EVLV NL Security & Protection Services median
Revenue growth (TTM) 41.67% 5.96% 5.96%
EPS growth (last fiscal year) 41.18% (155.80%) —
Revenue growth, 5-year CAGR 98.08% 6.68% 7.35%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EVLV NL Security & Protection Services median
Debt to equity 0.24 0.00 0.20
Current ratio 1.18 9.02 1.93
Net debt to EBITDA 1.68 (7.90) 1.55

Dividend

Metric EVLV NL Security & Protection Services median
Dividend yield — 5.41% 1.53%
Payout ratio 0.00 0.24 0.00

Size

Metric EVLV NL Security & Protection Services median
Market cap 887.52m 344.25m 395.79m

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