Infleqtion, Inc. (INFQ) vs NetScout Systems, Inc. (NTCT)

Infleqtion, Inc. and NetScout Systems, Inc. are both Software Infrastructure companies. Infleqtion, Inc. is the larger, with a market value of $3.2B against $2.9B — 1.1× the size. Infleqtion, Inc. has negative trailing earnings, so its P/E is not meaningful; NetScout Systems, Inc. trades at 23.6×. NetScout Systems, Inc. has the higher net margin (13.7% vs −291.8%) and the higher return on invested capital (7.91% vs −26.0%). Across the 15 metrics below, NetScout Systems, Inc. leads on 14 and Infleqtion, Inc. on 1.

Valuation

Metric INFQ NTCT Software Infrastructure median
P/E n/m 23.62 28.02
P/S 87.65 3.21 3.07
P/B 5.58 1.70 3.36
Price to free cash flow n/m 11.03 17.12
EV/EBITDA n/m 12.54 14.91
EV/Sales 74.61 2.66 3.03
Earnings yield (8.45%) 4.23% 0.13%
Free cash flow yield (0.04%) 9.07% 1.15%

Profitability

Metric INFQ NTCT Software Infrastructure median
Gross margin 22.45% 79.84% 61.23%
Operating margin (147.92%) 14.82% 0.00%
Net margin (291.75%) 13.71% 0.00%
Free cash flow margin (3.61%) 29.22% 1.67%
Return on equity (37.17%) 7.54% 0.59%
Return on assets (20.14%) 5.42% 0.00%
Return on invested capital (26.00%) 7.91% 0.00%

Growth

Metric INFQ NTCT Software Infrastructure median
Revenue growth (TTM) — 5.79% 13.41%
EPS growth (last fiscal year) (26,711.59%) 125.39% —
Revenue growth, 5-year CAGR — 0.67% 15.81%
Net income growth, 5-year CAGR — 37.62% 0.00%

Health

Metric INFQ NTCT Software Infrastructure median
Debt to equity 0.00 0.00 0.06
Current ratio 9.34 1.83 1.55
Net debt to EBITDA 0.09 (4.02) 0.08

Dividend

Metric INFQ NTCT Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio — 0.00 0.00

Size

Metric INFQ NTCT Software Infrastructure median
Market cap 3.24b 2.85b 835.96m

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