Expensify, Inc. (EXFY) vs Ribbon Communications Inc. (RBBN)

Expensify, Inc. and Ribbon Communications Inc. are both Software Application companies. Ribbon Communications Inc. is the larger, with a market value of $253.9M against $230.3M — 1.1× the size. Expensify, Inc. has negative trailing earnings, so its P/E is not meaningful; Ribbon Communications Inc. trades at 14.8×. Expensify, Inc. grew revenue faster over the last twelve months: −4.27% against −7.62%. Ribbon Communications Inc. has the higher net margin (1.96% vs −11.3%) and the higher return on invested capital (−2.94% vs −10.1%). Across the 20 metrics below, Ribbon Communications Inc. leads on 12 and Expensify, Inc. on 8.

Valuation

Metric EXFY RBBN Software Application median
P/E n/m 14.78 25.41
P/S 1.67 0.30 2.73
P/B 1.72 0.60 2.57
Price to free cash flow 29.13 34.67 17.58
EV/EBITDA n/m 16.99 15.36
EV/Sales 1.62 0.65 2.59
Earnings yield (7.02%) 6.77% 0.00%
Free cash flow yield 3.43% 2.88% 2.24%

Profitability

Metric EXFY RBBN Software Application median
Gross margin 48.67% 48.78% 67.03%
Operating margin (8.03%) (3.99%) 0.00%
Net margin (11.31%) 1.96% 0.00%
Free cash flow margin 5.96% 0.85% 5.01%
Return on equity (11.73%) 4.09% 0.00%
Return on assets (8.39%) 1.37% 0.00%
Return on invested capital (10.07%) (2.94%) 0.00%

Growth

Metric EXFY RBBN Software Application median
Revenue growth (TTM) (4.27%) (7.62%) 12.48%
EPS growth (last fiscal year) (91.67%) 170.97% 32.26%
Revenue growth, 5-year CAGR 10.04% 0.02% 14.21%
Net income growth, 5-year CAGR 0.00% (14.86%) 0.00%

Health

Metric EXFY RBBN Software Application median
Debt to equity 0.00 0.84 0.02
Current ratio 3.50 1.31 1.52
Net debt to EBITDA 7.13 3.89 0.08

Dividend

Metric EXFY RBBN Software Application median
Dividend yield — — 0.95%
Payout ratio — — 0.29

Size

Metric EXFY RBBN Software Application median
Market cap 230.25m 253.93m 357.77m

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