Evolv Technologies Holdings, Inc. (EVLV) vs NAPCO Security Technologies, Inc. (NSSC)

Evolv Technologies Holdings, Inc. and NAPCO Security Technologies, Inc. are both Security & Protection Services companies. NAPCO Security Technologies, Inc. is the larger, with a market value of $1.3B against $887.5M — 1.4× the size. Evolv Technologies Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; NAPCO Security Technologies, Inc. trades at 29.5×. Evolv Technologies Holdings, Inc. grew revenue faster over the last twelve months: 41.7% against 11.4%. NAPCO Security Technologies, Inc. has the higher net margin (21.3% vs −3.05%) and the higher return on invested capital (53.4% vs −26.4%). Across the 19 metrics below, NAPCO Security Technologies, Inc. leads on 14 and Evolv Technologies Holdings, Inc. on 5.

Valuation

Metric EVLV NSSC Security & Protection Services median
P/E n/m 29.47 21.88
P/S 5.03 6.29 1.21
P/B 7.26 6.66 2.21
Price to free cash flow n/m 21.49 20.62
EV/EBITDA n/m 23.89 12.37
EV/Sales 4.84 5.65 1.86
Earnings yield (0.63%) 3.39% 3.67%
Free cash flow yield (0.64%) 4.65% 1.13%

Profitability

Metric EVLV NSSC Security & Protection Services median
Gross margin 49.86% 59.21% 41.45%
Operating margin (20.77%) 22.56% 8.06%
Net margin (3.05%) 21.27% 3.72%
Free cash flow margin (3.23%) 29.27% 1.45%
Return on equity (4.94%) 23.93% 9.87%
Return on assets (1.79%) 19.70% 2.54%
Return on invested capital (26.42%) 53.38% 3.11%

Growth

Metric EVLV NSSC Security & Protection Services median
Revenue growth (TTM) 41.67% 11.39% 5.96%
EPS growth (last fiscal year) 41.18% 0.84% —
Revenue growth, 5-year CAGR 98.08% 12.15% 7.35%
Net income growth, 5-year CAGR 0.00% 22.79% 0.00%

Health

Metric EVLV NSSC Security & Protection Services median
Debt to equity 0.24 0.00 0.20
Current ratio 1.18 4.90 1.93
Net debt to EBITDA 1.68 (2.88) 1.55

Dividend

Metric EVLV NSSC Security & Protection Services median
Dividend yield — 0.35% 1.53%
Payout ratio 0.00 0.09 0.00

Size

Metric EVLV NSSC Security & Protection Services median
Market cap 887.52m 1.28b 395.79m

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