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 $813.0M against $170.0K — 4782.3× the size. FlexShopper Inc. has negative trailing earnings, so its P/E is not meaningful; Willis Lease Finance Corporation trades at 9.0×. 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 9.03 18.17
P/S n/m 1.04 0.92
P/B n/m 1.12 2.15
Price to free cash flow n/m n/m 7.80
EV/EBITDA 1.58 7.77 7.72
EV/Sales 1.05 3.85 2.47
Earnings yield 0.00% 11.07% 1.00%
Free cash flow yield 0.00% (11.88%) 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% (8.44%)
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 — 1.42% 1.56%
Payout ratio — 0.13 0.22

Size

Metric FPAYQ WLFC Rental & Leasing Services median
Market cap 170.00k 812.99m 2.43b

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