Samsara Inc. (IOT) vs Rubrik, Inc. (RBRK)

Samsara Inc. and Rubrik, Inc. are both Software Infrastructure companies. Samsara Inc. and Rubrik, Inc. are of similar size ($23.6B and $23.1B). Rubrik, Inc. has negative trailing earnings, so its P/E is not meaningful; Samsara Inc. trades at 232×. Rubrik, Inc. grew revenue faster over the last twelve months: 42.5% against 29.5%. Samsara Inc. has the higher net margin (4.90% vs −16.5%) and the higher return on invested capital (1.57% vs 0.00%). Across the 17 metrics below, Rubrik, Inc. leads on 9 and Samsara Inc. on 8.

Valuation

Metric IOT RBRK Software Infrastructure median
P/E 232.17 n/m 28.02
P/S 12.00 14.60 3.07
P/B 13.84 n/m 3.36
Price to free cash flow 86.79 78.68 17.12
EV/EBITDA 433.71 n/m 14.91
EV/Sales 11.55 14.20 3.03
Earnings yield 0.43% (1.15%) 0.13%
Free cash flow yield 1.15% 1.27% 1.15%

Profitability

Metric IOT RBRK Software Infrastructure median
Gross margin 76.38% 80.21% 61.23%
Operating margin 1.05% (18.31%) 0.00%
Net margin 4.90% (16.50%) 0.00%
Free cash flow margin 13.83% 18.56% 1.67%
Return on equity 6.43% 47.83% 0.59%
Return on assets 3.64% (9.72%) 0.00%
Return on invested capital 1.57% 0.00% 0.00%

Growth

Metric IOT RBRK Software Infrastructure median
Revenue growth (TTM) 29.50% 42.45% 13.41%
EPS growth (last fiscal year) 94.32% 76.20% —
Revenue growth, 5-year CAGR 45.30% — 15.81%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric IOT RBRK Software Infrastructure median
Debt to equity 0.00 (2.27) 0.06
Current ratio 1.62 1.64 1.55
Net debt to EBITDA 29.44 2.75 0.08

Dividend

Metric IOT RBRK Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio 0.00 — 0.00

Size

Metric IOT RBRK Software Infrastructure median
Market cap 23.07b 23.59b 835.96m

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