Intrepid Potash, Inc (IPI) vs Lavoro Limited (LVROF)

Intrepid Potash, Inc and Lavoro Limited are both Agricultural Inputs companies. Intrepid Potash, Inc is the larger, with a market value of $482.3M against $34.8M — 13.8× the size. Lavoro Limited has negative trailing earnings, so its P/E is not meaningful; Intrepid Potash, Inc trades at 17.0×. Lavoro Limited grew revenue faster over the last twelve months: 20.5% against 9.52%. Intrepid Potash, Inc has the higher net margin (8.72% vs −10.4%) and the higher return on invested capital (2.41% vs 2.08%). Across the 17 metrics below, Intrepid Potash, Inc leads on 14 and Lavoro Limited on 3.

Valuation

Metric IPI LVROF Agricultural Inputs median
P/E 17.02 n/m 15.82
P/S 1.49 n/m 0.85
P/B 0.87 n/m 0.80
Price to free cash flow 26.22 n/m 13.58
EV/EBITDA 4.95 4.25 6.55
EV/Sales 0.89 0.07 1.07
Earnings yield 5.88% 0.00% 0.00%
Free cash flow yield 3.81% 0.00% 2.54%

Profitability

Metric IPI LVROF Agricultural Inputs median
Gross margin 21.04% 15.04% 30.83%
Operating margin 4.26% 0.60% 0.30%
Net margin 8.72% (10.41%) (7.81%)
Free cash flow margin 11.34% 0.31% 1.46%
Return on equity 5.27% (59.46%) (2.64%)
Return on assets 4.19% (10.35%) (5.16%)
Return on invested capital 2.41% 2.08% 0.00%

Growth

Metric IPI LVROF Agricultural Inputs median
Revenue growth (TTM) 9.52% 20.48% 8.74%
EPS growth (last fiscal year) 105.14% (203.68%) —
Revenue growth, 5-year CAGR 8.66% 3.77% 3.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric IPI LVROF Agricultural Inputs median
Debt to equity 0.00 1.26 0.47
Current ratio 6.33 0.95 1.55
Net debt to EBITDA (1.59) (0.39) 0.16

Dividend

Metric IPI LVROF Agricultural Inputs median
Dividend yield — — 4.12%
Payout ratio 0.00 — 0.05

Size

Metric IPI LVROF Agricultural Inputs median
Market cap 482.29m 34.84m 269.62m

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