Genasys Inc. (GNSS) vs Sono-Tek Corporation (SOTK)

Genasys Inc. and Sono-Tek Corporation are both Scientific & Technical Instruments companies. Sono-Tek Corporation is the larger, with a market value of $75.0M against $67.9M — 1.1× the size. Genasys Inc. has negative trailing earnings, so its P/E is not meaningful; Sono-Tek Corporation trades at 38.0×. Genasys Inc. grew revenue faster over the last twelve months: 86.7% against 4.04%. Sono-Tek Corporation has the higher net margin (9.62% vs −10.9%) and the higher return on invested capital (35.4% vs −35.0%). Across the 19 metrics below, Sono-Tek Corporation leads on 13 and Genasys Inc. on 6.

Valuation

Metric GNSS SOTK Scientific & Technical Instruments median
P/E n/m 38.00 35.93
P/S 1.18 3.62 4.46
P/B n/m 3.77 3.00
Price to free cash flow n/m 13.31 24.96
EV/EBITDA 43.37 21.88 19.60
EV/Sales 1.26 2.93 4.98
Earnings yield (9.05%) 2.63% 0.53%
Free cash flow yield (3.89%) 7.51% 1.12%

Profitability

Metric GNSS SOTK Scientific & Technical Instruments median
Gross margin 54.03% 51.82% 45.75%
Operating margin (3.16%) 10.44% 7.34%
Net margin (10.86%) 9.62% 1.56%
Free cash flow margin (4.59%) 27.31% 5.84%
Return on equity (672.00%) 10.61% 2.87%
Return on assets (10.69%) 8.37% 0.99%
Return on invested capital (35.04%) 35.35% 3.88%

Growth

Metric GNSS SOTK Scientific & Technical Instruments median
Revenue growth (TTM) 86.72% 4.04% 11.28%
EPS growth (last fiscal year) 44.44% 37.50% —
Revenue growth, 5-year CAGR (1.07%) 7.11% 7.89%
Net income growth, 5-year CAGR 0.00% 10.01% 0.00%

Health

Metric GNSS SOTK Scientific & Technical Instruments median
Debt to equity (5.75) 0.00 0.00
Current ratio 0.76 4.37 2.24
Net debt to EBITDA 0.60 (5.94) 0.44

Dividend

Metric GNSS SOTK Scientific & Technical Instruments median
Dividend yield — — 0.72%
Payout ratio 0.00 0.00 0.00

Size

Metric GNSS SOTK Scientific & Technical Instruments median
Market cap 67.86m 74.97m 483.67m

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