JFrog Ltd. (FROG) vs Paylocity Holding Corporation (PCTY)

JFrog Ltd. and Paylocity Holding Corporation are both Software Application companies. JFrog Ltd. and Paylocity Holding Corporation are of similar size ($9.2B and $8.9B). JFrog Ltd. has negative trailing earnings, so its P/E is not meaningful; Paylocity Holding Corporation trades at 34.1×. JFrog Ltd. grew revenue faster over the last twelve months: 26.4% against 11.0%. Paylocity Holding Corporation has the higher net margin (15.2% vs −7.35%) and the higher return on invested capital (23.4% vs −31.7%). Across the 20 metrics below, Paylocity Holding Corporation leads on 14 and JFrog Ltd. on 6.

Valuation

Metric FROG PCTY Software Application median
P/E n/m 34.07 25.90
P/S 15.17 5.20 3.04
P/B 9.47 7.54 2.60
Price to free cash flow 53.72 21.54 17.17
EV/EBITDA n/m 20.12 15.48
EV/Sales 13.79 5.09 2.89
Earnings yield (0.50%) 2.94% 0.00%
Free cash flow yield 1.86% 4.64% 1.98%

Profitability

Metric FROG PCTY Software Application median
Gross margin 77.86% 69.19% 66.89%
Operating margin (11.52%) 21.79% 0.00%
Net margin (7.35%) 15.23% 0.00%
Free cash flow margin 28.29% 24.15% 5.77%
Return on equity (4.93%) 21.97% 0.00%
Return on assets (3.27%) 5.82% 0.00%
Return on invested capital (31.70%) 23.40% 0.00%

Growth

Metric FROG PCTY Software Application median
Revenue growth (TTM) 26.37% 11.04% 12.27%
EPS growth (last fiscal year) 1.59% 22.39% 32.11%
Revenue growth, 5-year CAGR 28.66% 22.75% 14.34%
Net income growth, 5-year CAGR 0.00% 30.89% 0.00%

Health

Metric FROG PCTY Software Application median
Debt to equity 0.00 0.07 0.02
Current ratio 2.14 1.09 1.53
Net debt to EBITDA 9.70 (0.43) 0.09

Dividend

Metric FROG PCTY Software Application median
Dividend yield — — 1.10%
Payout ratio — — 0.28

Size

Metric FROG PCTY Software Application median
Market cap 9.20b 8.85b 487.58m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack