Figure Technology Solutions, Inc. (FIGR) vs Virtu Financial, Inc. (VIRT)

Figure Technology Solutions, Inc. and Virtu Financial, Inc. are both Capital Markets companies. Virtu Financial, Inc. is the larger, with a market value of $8.2B against $7.4B — 1.1× the size. Virtu Financial, Inc. trades at the lower P/E: 8.9× against 20.7×. Figure Technology Solutions, Inc. has the higher net margin (26.5% vs 12.7%) and the higher return on invested capital (14.9% vs 0.00%). Across the 17 metrics below, Virtu Financial, Inc. leads on 10 and Figure Technology Solutions, Inc. on 7.

Valuation

Metric FIGR VIRT Capital Markets median
P/E 20.71 8.87 15.78
P/S 9.95 1.15 2.32
P/B 4.99 2.01 1.89
Price to free cash flow n/m 9.78 6.25
EV/EBITDA 29.46 n/m 8.87
EV/Sales 9.14 (0.01) 2.28
Earnings yield 4.83% 11.27% (3.77%)
Free cash flow yield (1.49%) 10.23% (1.49%)

Profitability

Metric FIGR VIRT Capital Markets median
Gross margin 87.54% 81.77% 62.80%
Operating margin 28.41% 49.26% 0.00%
Net margin 26.49% 12.70% (0.55%)
Free cash flow margin (14.84%) 11.73% 0.00%
Return on equity 21.14% 26.18% 0.00%
Return on assets 12.45% 2.22% 0.00%
Return on invested capital 14.94% 0.00% 0.00%

Growth

Metric FIGR VIRT Capital Markets median
Revenue growth (TTM) — 20.76% 21.02%
EPS growth (last fiscal year) 60.47% 72.73% —
Revenue growth, 5-year CAGR — 2.32% 18.16%
Net income growth, 5-year CAGR — (7.58%) 0.00%

Health

Metric FIGR VIRT Capital Markets median
Debt to equity 0.68 0.87 0.08
Current ratio 1.86 0.45 1.51
Net debt to EBITDA (5.26) (1.76) (0.24)

Dividend

Metric FIGR VIRT Capital Markets median
Dividend yield — 5.78% 2.20%
Payout ratio — 0.69 0.00

Size

Metric FIGR VIRT Capital Markets median
Market cap 7.40b 8.17b 724.58m

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