Forum Markets, Incorporated (FRMM) vs WM Technology, Inc. (MAPS)

Forum Markets, Incorporated and WM Technology, Inc. are both Software Application companies. Forum Markets, Incorporated is the larger, with a market value of $69.9M against $51.9M — 1.3× the size. Forum Markets, Incorporated has negative trailing earnings, so its P/E is not meaningful; WM Technology, Inc. trades at 19.5×. WM Technology, Inc. has the higher net margin (1.22% vs −4,971.8%) and the higher return on invested capital (−0.96% vs −102.2%). Across the 17 metrics below, WM Technology, Inc. leads on 15 and Forum Markets, Incorporated on 2.

Valuation

Metric FRMM MAPS Software Application median
P/E n/m 19.50 24.79
P/S 8.00 0.25 2.67
P/B 0.67 0.31 3.01
Price to free cash flow n/m 14.90 16.59
EV/EBITDA n/m n/m 14.40
EV/Sales 12.96 (0.10) 2.62
Earnings yield (669.70%) 5.13% 0.00%
Free cash flow yield (65.03%) 6.71% 1.91%

Profitability

Metric FRMM MAPS Software Application median
Gross margin 91.02% 94.72% 67.03%
Operating margin (2,271.89%) (0.70%) 0.00%
Net margin (4,971.75%) 1.22% 0.00%
Free cash flow margin (520.31%) 1.70% 4.32%
Return on equity (804.17%) 1.56% 0.00%
Return on assets (630.95%) 1.10% 0.00%
Return on invested capital (102.20%) (0.96%) 0.00%

Growth

Metric FRMM MAPS Software Application median
Revenue growth (TTM) — (6.77%) 12.40%
EPS growth (last fiscal year) 64.38% (75.00%) —
Revenue growth, 5-year CAGR — 1.55% 13.72%
Net income growth, 5-year CAGR 0.00% (44.96%) 0.00%

Health

Metric FRMM MAPS Software Application median
Debt to equity 0.20 0.00 0.02
Current ratio 2.69 2.72 1.55
Net debt to EBITDA (0.21) (3.75) 0.06

Dividend

Metric FRMM MAPS Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric FRMM MAPS Software Application median
Market cap 69.94m 51.85m 396.11m

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