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 $820.5M against $347.2M — 2.4× the size. Evolv Technologies Holdings, Inc. grew revenue faster over the last twelve months: 41.7% against 4.32%. NLI Holdings, Inc. has the higher net margin (−2.98% vs −3.05%) and the higher return on invested capital (2.60% vs −26.4%). Across the 18 metrics below, NLI Holdings, Inc. leads on 13 and Evolv Technologies Holdings, Inc. on 5.

Valuation

Metric EVLV NL Security & Protection Services median
P/E n/m n/m 22.53
P/S 4.77 1.99 1.17
P/B 6.88 0.84 2.09
Price to free cash flow n/m 34.38 19.49
EV/EBITDA n/m 11.17 11.17
EV/Sales 4.63 1.33 1.97
Earnings yield (0.66%) (1.48%) 3.26%
Free cash flow yield (0.68%) 2.91% 1.46%

Profitability

Metric EVLV NL Security & Protection Services median
Gross margin 49.86% 32.50% 38.10%
Operating margin (20.77%) 9.80% 9.80%
Net margin (3.05%) (2.98%) 2.88%
Free cash flow margin (3.23%) 5.79% 0.00%
Return on equity (4.94%) (1.26%) 8.74%
Return on assets (1.79%) (1.00%) 1.21%
Return on invested capital (26.42%) 2.60% 1.98%

Growth

Metric EVLV NL Security & Protection Services median
Revenue growth (TTM) 41.67% 4.32% 7.23%
EPS growth (last fiscal year) 41.18% (155.80%) 35.69%
Revenue growth, 5-year CAGR 98.08% 6.68% 7.09%
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 7.25 1.92
Net debt to EBITDA 1.68 (7.90) 1.55

Dividend

Metric EVLV NL Security & Protection Services median
Dividend yield — 5.78% 1.65%
Payout ratio — — 0.28

Size

Metric EVLV NL Security & Protection Services median
Market cap 820.50m 347.18m 408.73m

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