FlexShopper Inc. (FPAYQ) vs Willis Lease Finance Corporation (WLFC)

FlexShopper Inc. and Willis Lease Finance Corporation are both Rental & Leasing Services companies. Willis Lease Finance Corporation is the larger, with a market value of $1.1B against $170.0K — 6588.2× the size. FlexShopper Inc. has negative trailing earnings, so its P/E is not meaningful; Willis Lease Finance Corporation trades at 13.0×. FlexShopper Inc. grew revenue faster over the last twelve months: 24.5% against 17.3%. Willis Lease Finance Corporation has the higher net margin (11.2% vs −2.60%) and the lower return on invested capital (2.62% vs 8.27%). Across the 18 metrics below, Willis Lease Finance Corporation leads on 10 and FlexShopper Inc. on 8.

Valuation

Metric FPAYQ WLFC Rental & Leasing Services median
P/E n/m 13.03 19.17
P/S n/m 1.50 0.99
P/B n/m 1.62 2.23
Price to free cash flow n/m n/m 8.31
EV/EBITDA 1.58 8.70 7.84
EV/Sales 1.05 4.31 2.53
Earnings yield 0.00% 7.68% 0.95%
Free cash flow yield 0.00% (8.24%) 1.43%

Profitability

Metric FPAYQ WLFC Rental & Leasing Services median
Gross margin 98.07% 85.43% 49.40%
Operating margin 16.79% 32.48% 8.49%
Net margin (2.60%) 11.24% 1.01%
Free cash flow margin (30.97%) (11.63%) 1.87%
Return on equity (54.73%) 12.96% 12.13%
Return on assets (2.11%) 2.26% 0.24%
Return on invested capital 8.27% 2.62% 2.80%

Growth

Metric FPAYQ WLFC Rental & Leasing Services median
Revenue growth (TTM) 24.46% 17.34% 3.21%
EPS growth (last fiscal year) (215.91%) 0.33% —
Revenue growth, 5-year CAGR 13.73% 20.39% 12.97%
Net income growth, 5-year CAGR 0.00% 75.97% 0.00%

Health

Metric FPAYQ WLFC Rental & Leasing Services median
Debt to equity 4.97 3.27 1.48
Current ratio 7.98 1.63 1.36
Net debt to EBITDA 1.39 5.98 4.32

Dividend

Metric FPAYQ WLFC Rental & Leasing Services median
Dividend yield 2.91% — 1.59%
Payout ratio 0.00 0.00 0.00

Size

Metric FPAYQ WLFC Rental & Leasing Services median
Market cap 170.00k 1.12b 2.42b

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