Grindr Inc. (GRND) vs Intapp, Inc. (INTA)

Grindr Inc. and Intapp, Inc. are both Software Application companies. Grindr Inc. and Intapp, Inc. are of similar size ($2.8B and $2.7B). Intapp, Inc. has negative trailing earnings, so its P/E is not meaningful; Grindr Inc. trades at 31.5×. Grindr Inc. grew revenue faster over the last twelve months: 32.4% against 14.6%. Grindr Inc. has the higher net margin (18.8% vs −7.15%) and the higher return on invested capital (25.8% vs −16.2%). Across the 17 metrics below, Grindr Inc. leads on 14 and Intapp, Inc. on 3.

Valuation

Metric GRND INTA Software Application median
P/E 31.54 n/m 24.79
P/S 5.47 4.97 2.67
P/B n/m 9.05 3.01
Price to free cash flow 19.50 21.08 16.59
EV/EBITDA 20.17 n/m 14.40
EV/Sales 6.21 4.72 2.62
Earnings yield 3.17% (1.44%) 0.00%
Free cash flow yield 5.13% 4.74% 1.91%

Profitability

Metric GRND INTA Software Application median
Gross margin 74.94% 75.78% 67.03%
Operating margin 29.77% (6.94%) 0.00%
Net margin 18.75% (7.15%) 0.00%
Free cash flow margin 28.03% 23.60% 4.32%
Return on equity 108.65% (9.87%) 0.00%
Return on assets 18.92% (5.01%) 0.00%
Return on invested capital 25.77% (16.21%) 0.00%

Growth

Metric GRND INTA Software Application median
Revenue growth (TTM) 32.38% 14.62% 12.40%
EPS growth (last fiscal year) 158.11% (126.09%) —
Revenue growth, 5-year CAGR — 21.90% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GRND INTA Software Application median
Debt to equity (32.91) 0.00 0.02
Current ratio 1.10 0.78 1.55
Net debt to EBITDA 2.27 10.09 0.06

Dividend

Metric GRND INTA Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric GRND INTA Software Application median
Market cap 2.73b 2.82b 396.11m

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