Funko, Inc. (FNKO) vs Xponential Fitness, Inc. (XPOF)

Funko, Inc. and Xponential Fitness, Inc. are both Leisure companies. Funko, Inc. is the larger, with a market value of $305.7M against $184.7M — 1.7× the size. Funko, Inc. grew revenue faster over the last twelve months: −3.92% against −8.95%. Funko, Inc. has the higher net margin (−0.21% vs −19.1%) and the lower return on invested capital (4.49% vs 9.84%). Across the 18 metrics below, Funko, Inc. leads on 10 and Xponential Fitness, Inc. on 8.

Valuation

Metric FNKO XPOF Leisure median
P/E n/m n/m 17.42
P/S 0.33 0.57 1.02
P/B 1.63 n/m 2.13
Price to free cash flow 9.04 n/m 11.49
EV/EBITDA 5.50 12.64 9.97
EV/Sales 0.50 2.27 2.00
Earnings yield (0.55%) (37.50%) 2.85%
Free cash flow yield 11.07% (1.74%) 3.64%

Profitability

Metric FNKO XPOF Leisure median
Gross margin 44.91% 82.36% 48.02%
Operating margin 2.67% 6.21% 3.08%
Net margin (0.21%) (19.08%) 2.58%
Free cash flow margin 2.92% (1.00%) 2.13%
Return on equity (1.07%) 15.97% 0.00%
Return on assets (0.29%) (15.51%) 0.05%
Return on invested capital 4.49% 9.84% 3.95%

Growth

Metric FNKO XPOF Leisure median
Revenue growth (TTM) (3.92%) (8.95%) 3.28%
EPS growth (last fiscal year) (342.86%) 32.07% —
Revenue growth, 5-year CAGR 6.84% 15.22% 4.22%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric FNKO XPOF Leisure median
Debt to equity 1.06 (1.37) 0.02
Current ratio 1.16 0.75 1.76
Net debt to EBITDA 13.43 6.34 1.85

Dividend

Metric FNKO XPOF Leisure median
Dividend yield — — 2.86%
Payout ratio 0.00 0.00 0.00

Size

Metric FNKO XPOF Leisure median
Market cap 305.67m 184.68m 293.27m

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