Fold Holdings, Inc. (FLD) vs Vulcan Infrastructure and Power Inc (VIP)

Fold Holdings, Inc. and Vulcan Infrastructure and Power Inc are both Capital Markets companies. Vulcan Infrastructure and Power Inc is the larger, with a market value of $36.0M against $26.6M — 1.4× the size. Fold Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; Vulcan Infrastructure and Power Inc trades at 11.2×. Fold Holdings, Inc. grew revenue faster over the last twelve months: −2.54% against −14.1%. Vulcan Infrastructure and Power Inc has the higher net margin (0.96% vs −258.6%) and the higher return on invested capital (0.00% vs −112.3%). Across the 16 metrics below, Vulcan Infrastructure and Power Inc leads on 9 and Fold Holdings, Inc. on 7.

Valuation

Metric FLD VIP Capital Markets median
P/E n/m 11.22 14.35
P/S 0.90 0.34 2.07
P/B 0.81 n/m 1.36
Price to free cash flow 0.89 9.16 9.28
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (314.29%) 8.91% (8.28%)
Free cash flow yield 112.72% 10.91% (1.12%)

Profitability

Metric FLD VIP Capital Markets median
Gross margin 6.75% 5.26% 68.15%
Operating margin (97.49%) (23.98%) 0.00%
Net margin (258.60%) 0.96% (0.34%)
Free cash flow margin 101.46% 3.71% 0.00%
Return on equity (121.82%) (0.82%) 0.00%
Return on assets (62.20%) 1.06% 0.00%
Return on invested capital (112.28%) 0.00% 0.00%

Growth

Metric FLD VIP Capital Markets median
Revenue growth (TTM) (2.54%) (14.10%) 19.72%
EPS growth (last fiscal year) 85.20% 118.05% 16.79%
Revenue growth, 5-year CAGR — 23.92% 17.41%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric FLD VIP Capital Markets median
Debt to equity 0.40 (0.69) 0.07
Current ratio 1.84 0.41 1.51
Net debt to EBITDA (2.68) 3.23 (0.03)

Dividend

Metric FLD VIP Capital Markets median
Dividend yield — — 1.58%
Payout ratio — — 0.19

Size

Metric FLD VIP Capital Markets median
Market cap 26.57m 35.96m 527.01m

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