Ibotta, Inc. (IBTA) vs Upbound Group, Inc. (UPBD)

Ibotta, Inc. and Upbound Group, Inc. are both Software Application companies. Ibotta, Inc. and Upbound Group, Inc. are of similar size ($1.5B and $1.4B). Ibotta, Inc. has negative trailing earnings, so its P/E is not meaningful; Upbound Group, Inc. trades at 12.9×. Upbound Group, Inc. grew revenue faster over the last twelve months: 3.23% against 1.56%. Upbound Group, Inc. has the higher net margin (2.36% vs −4.49%) and the higher return on invested capital (8.24% vs −6.81%). Across the 19 metrics below, Upbound Group, Inc. leads on 15 and Ibotta, Inc. on 4.

Valuation

Metric IBTA UPBD Software Application median
P/E n/m 12.87 25.90
P/S 3.79 0.31 3.04
P/B 5.70 1.93 2.60
Price to free cash flow 20.95 3.33 17.17
EV/EBITDA 439.55 1.51 15.48
EV/Sales 3.63 0.57 2.89
Earnings yield (1.15%) 7.77% 0.00%
Free cash flow yield 4.77% 30.01% 1.98%

Profitability

Metric IBTA UPBD Software Application median
Gross margin 78.41% 49.69% 66.89%
Operating margin (2.69%) 5.50% 0.00%
Net margin (4.49%) 2.36% 0.00%
Free cash flow margin 18.11% 9.19% 5.77%
Return on equity (5.65%) 15.50% 0.00%
Return on assets (3.02%) 3.56% 0.00%
Return on invested capital (6.81%) 8.24% 0.00%

Growth

Metric IBTA UPBD Software Application median
Revenue growth (TTM) 1.56% 3.23% 12.27%
EPS growth (last fiscal year) (95.31%) (43.44%) 32.11%
Revenue growth, 5-year CAGR — 10.78% 14.34%
Net income growth, 5-year CAGR — (18.85%) 0.00%

Health

Metric IBTA UPBD Software Application median
Debt to equity 0.00 1.80 0.02
Current ratio 1.67 3.17 1.53
Net debt to EBITDA (24.45) 0.83 0.09

Dividend

Metric IBTA UPBD Software Application median
Dividend yield — 6.28% 1.10%
Payout ratio — 0.82 0.28

Size

Metric IBTA UPBD Software Application median
Market cap 1.36b 1.45b 487.58m

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