Grid Dynamics Holdings, Inc. (GDYN) vs NCR Voyix Corporation (VYX)

Grid Dynamics Holdings, Inc. and NCR Voyix Corporation are both Information Technology Services companies. NCR Voyix Corporation is the larger, with a market value of $983.1M against $608.5M — 1.6× the size. NCR Voyix Corporation trades at the lower P/E: 17.2× against 283×. Grid Dynamics Holdings, Inc. grew revenue faster over the last twelve months: 8.57% against −4.29%. NCR Voyix Corporation has the higher net margin (2.28% vs 0.68%) and the higher return on invested capital (1.02% vs −0.60%). Across the 20 metrics below, NCR Voyix Corporation leads on 11 and Grid Dynamics Holdings, Inc. on 9.

Valuation

Metric GDYN VYX Information Technology Services median
P/E 282.85 17.24 14.63
P/S 1.51 0.38 1.13
P/B 1.23 1.05 2.10
Price to free cash flow 39.85 n/m 10.11
EV/EBITDA 14.59 7.42 8.56
EV/Sales 0.82 0.72 1.20
Earnings yield 0.35% 5.80% 4.56%
Free cash flow yield 2.51% (1.23%) 4.37%

Profitability

Metric GDYN VYX Information Technology Services median
Gross margin 34.72% 25.00% 31.05%
Operating margin (0.51%) 1.14% 3.30%
Net margin 0.68% 2.28% 2.09%
Free cash flow margin 3.79% (0.47%) 0.00%
Return on equity 0.54% 6.47% 4.12%
Return on assets 0.47% 1.48% 0.61%
Return on invested capital (0.60%) 1.02% 0.57%

Growth

Metric GDYN VYX Information Technology Services median
Revenue growth (TTM) 8.57% (4.29%) 7.12%
EPS growth (last fiscal year) 120.00% (95.40%) —
Revenue growth, 5-year CAGR 14.28% (15.42%) 7.71%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GDYN VYX Information Technology Services median
Debt to equity 0.00 1.19 0.45
Current ratio 7.22 1.07 1.66
Net debt to EBITDA (14.93) 3.35 0.44

Dividend

Metric GDYN VYX Information Technology Services median
Dividend yield — 0.00% 1.21%
Payout ratio 0.00 0.00 0.00

Size

Metric GDYN VYX Information Technology Services median
Market cap 608.45m 983.05m 1.36b

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