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 $757.1M against $330.1M — 2.3× 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 22.21
P/S 4.37 2.00 1.12
P/B 6.30 0.85 2.11
Price to free cash flow n/m 39.99 20.05
EV/EBITDA n/m 11.61 11.50
EV/Sales 4.23 1.33 2.08
Earnings yield (0.72%) (7.84%) 2.19%
Free cash flow yield (0.74%) 2.50% 2.44%

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%) 3.11%
Free cash flow margin (3.23%) 5.01% 1.45%
Return on equity (4.94%) (6.40%) 5.40%
Return on assets (1.79%) (5.14%) 1.07%
Return on invested capital (26.42%) 3.44% 2.40%

Growth

Metric EVLV NL Security & Protection Services median
Revenue growth (TTM) 41.67% 5.96% 6.22%
EPS growth (last fiscal year) 41.18% (155.80%) 29.52%
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 — 5.88% 1.72%
Payout ratio — — 0.28

Size

Metric EVLV NL Security & Protection Services median
Market cap 757.11m 330.07m 394.99m

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