GoDaddy Inc. (GDDY) vs SailPoint, Inc. (SAIL)

GoDaddy Inc. and SailPoint, Inc. are both Software Infrastructure companies. GoDaddy Inc. and SailPoint, Inc. are of similar size ($12.8B and $12.6B). SailPoint, Inc. has negative trailing earnings, so its P/E is not meaningful; GoDaddy Inc. trades at 14.3×. SailPoint, Inc. grew revenue faster over the last twelve months: 20.1% against 7.41%. GoDaddy Inc. has the higher net margin (17.8% vs −16.9%) and the higher return on invested capital (30.2% vs −2.10%). Across the 19 metrics below, GoDaddy Inc. leads on 13 and SailPoint, Inc. on 6.

Valuation

Metric GDDY SAIL Software Infrastructure median
P/E 14.29 n/m 28.02
P/S 2.49 10.06 3.07
P/B 1,895.85 1.71 3.36
Price to free cash flow 7.46 73.42 17.12
EV/EBITDA 11.27 286.97 14.91
EV/Sales 3.00 10.67 3.03
Earnings yield 7.00% (1.65%) 0.13%
Free cash flow yield 13.41% 1.36% 1.15%

Profitability

Metric GDDY SAIL Software Infrastructure median
Gross margin 63.80% 66.22% 61.23%
Operating margin 24.82% (18.92%) 0.00%
Net margin 17.83% (16.92%) 0.00%
Free cash flow margin 33.36% 13.70% 1.67%
Return on equity 442.86% (2.88%) 0.59%
Return on assets 11.19% (2.62%) 0.00%
Return on invested capital 30.15% (2.10%) 0.00%

Growth

Metric GDDY SAIL Software Infrastructure median
Revenue growth (TTM) 7.41% 20.13% 13.41%
EPS growth (last fiscal year) (3.57%) 95.82% —
Revenue growth, 5-year CAGR 8.34% — 15.81%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric GDDY SAIL Software Infrastructure median
Debt to equity 563.34 0.00 0.06
Current ratio 0.63 1.23 1.55
Net debt to EBITDA 2.17 8.93 0.08

Dividend

Metric GDDY SAIL Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio 0.00 — 0.00

Size

Metric GDDY SAIL Software Infrastructure median
Market cap 12.56b 12.75b 835.96m

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