Gemini Space Station, Inc. (GEMI) vs Oppenheimer Holdings, Inc. (OPY)

Gemini Space Station, Inc. and Oppenheimer Holdings, Inc. are both Capital Markets companies. Oppenheimer Holdings, Inc. is the larger, with a market value of $1.3B against $737.1M — 1.7× the size. Gemini Space Station, Inc. has negative trailing earnings, so its P/E is not meaningful; Oppenheimer Holdings, Inc. trades at 12.3×. Oppenheimer Holdings, Inc. has the higher net margin (5.72% vs −250.1%) and the higher return on invested capital (34.8% vs −38.4%). Across the 16 metrics below, Oppenheimer Holdings, Inc. leads on 12 and Gemini Space Station, Inc. on 4.

Valuation

Metric GEMI OPY Capital Markets median
P/E n/m 12.27 15.78
P/S 3.25 0.71 2.32
P/B 1.43 1.29 1.89
Price to free cash flow n/m n/m 6.25
EV/EBITDA n/m 2.40 8.87
EV/Sales 4.16 0.67 2.28
Earnings yield (175.27%) 8.15% (3.77%)
Free cash flow yield (46.58%) (0.82%) (1.49%)

Profitability

Metric GEMI OPY Capital Markets median
Gross margin 100.00% 98.48% 62.80%
Operating margin (195.12%) 24.76% 0.00%
Net margin (250.13%) 5.72% (0.55%)
Free cash flow margin (151.39%) (0.56%) 0.00%
Return on equity 316.18% 10.86% 0.00%
Return on assets (68.82%) 2.60% 0.00%
Return on invested capital (38.35%) 34.77% 0.00%

Growth

Metric GEMI OPY Capital Markets median
Revenue growth (TTM) — 20.63% 21.02%
EPS growth (last fiscal year) 51.86% 104.71% —
Revenue growth, 5-year CAGR — 6.45% 18.16%
Net income growth, 5-year CAGR — 3.83% 0.00%

Health

Metric GEMI OPY Capital Markets median
Debt to equity 1.03 0.00 0.08
Current ratio 1.30 1.20 1.51
Net debt to EBITDA (0.84) (0.30) (0.24)

Dividend

Metric GEMI OPY Capital Markets median
Dividend yield — 1.93% 2.20%
Payout ratio — 0.23 0.00

Size

Metric GEMI OPY Capital Markets median
Market cap 737.13m 1.26b 724.58m

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