IBEX Limited (IBEX) vs VERRA MOBILITY CORP (VRRM)

IBEX Limited and VERRA MOBILITY CORP are both Information Technology Services companies. IBEX Limited is the larger, with a market value of $573.9M against $506.1M — 1.1× the size. VERRA MOBILITY CORP trades at the lower P/E: 12.0× against 13.0×. IBEX Limited grew revenue faster over the last twelve months: 15.4% against 11.1%. IBEX Limited has the higher net margin (7.19% vs 4.40%) and the higher return on invested capital (24.7% vs 7.10%). Across the 22 metrics below, VERRA MOBILITY CORP leads on 12 and IBEX Limited on 10.

Valuation

Metric IBEX VRRM Information Technology Services median
P/E 12.95 12.00 14.63
P/S 0.93 0.49 1.13
P/B 3.52 2.20 2.10
Price to free cash flow 20.17 5.08 10.11
EV/EBITDA 7.59 5.79 8.56
EV/Sales 0.88 1.46 1.20
Earnings yield 7.72% 8.33% 4.56%
Free cash flow yield 4.96% 19.69% 4.37%

Profitability

Metric IBEX VRRM Information Technology Services median
Gross margin 29.17% 55.50% 31.05%
Operating margin 8.53% 13.59% 3.30%
Net margin 7.19% 4.40% 2.09%
Free cash flow margin 4.84% 9.62% 0.00%
Return on equity 30.43% 15.38% 4.12%
Return on assets 15.91% 2.67% 0.61%
Return on invested capital 24.66% 7.10% 0.57%

Growth

Metric IBEX VRRM Information Technology Services median
Revenue growth (TTM) 15.37% 11.10% 7.12%
EPS growth (last fiscal year) 32.63% 347.37% —
Revenue growth, 5-year CAGR 7.74% 19.99% 7.71%
Net income growth, 5-year CAGR 74.70% 0.00% 0.00%

Health

Metric IBEX VRRM Information Technology Services median
Debt to equity 0.01 4.63 0.45
Current ratio 2.10 2.06 1.66
Net debt to EBITDA (0.41) 2.70 0.44

Dividend

Metric IBEX VRRM Information Technology Services median
Dividend yield — — 1.21%
Payout ratio 0.00 0.00 0.00

Size

Metric IBEX VRRM Information Technology Services median
Market cap 573.90m 506.10m 1.36b

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