Iveda Solutions, Inc. (IVDA) vs VerifyMe, Inc. (VRME)

Iveda Solutions, Inc. and VerifyMe, Inc. are both Security & Protection Services companies. VerifyMe, Inc. is the larger, with a market value of $14.9M against $3.8M — 3.9× the size. Iveda Solutions, Inc. grew revenue faster over the last twelve months: −36.0% against −49.7%. VerifyMe, Inc. has the higher net margin (−47.1% vs −69.2%) and the higher return on invested capital (−60.9% vs −160.5%). Across the 18 metrics below, VerifyMe, Inc. leads on 12 and Iveda Solutions, Inc. on 6.

Valuation

Metric IVDA VRME Security & Protection Services median
P/E n/m n/m 21.88
P/S 0.78 1.14 1.21
P/B 0.66 1.27 2.21
Price to free cash flow n/m n/m 20.62
EV/EBITDA 0.21 n/m 12.37
EV/Sales (0.14) 0.82 1.86
Earnings yield (180.00%) (42.11%) 3.67%
Free cash flow yield (82.76%) (10.68%) 1.13%

Profitability

Metric IVDA VRME Security & Protection Services median
Gross margin 32.22% 47.02% 41.45%
Operating margin (68.54%) (49.34%) 8.06%
Net margin (69.23%) (47.08%) 3.72%
Free cash flow margin (64.14%) (12.10%) 1.45%
Return on equity (91.95%) (42.84%) 9.87%
Return on assets (55.68%) (36.61%) 2.54%
Return on invested capital (160.49%) (60.85%) 3.11%

Growth

Metric IVDA VRME Security & Protection Services median
Revenue growth (TTM) (35.96%) (49.69%) 5.96%
EPS growth (last fiscal year) 51.38% (5.41%) —
Revenue growth, 5-year CAGR 28.89% 116.72% 7.35%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric IVDA VRME Security & Protection Services median
Debt to equity 0.12 0.08 0.20
Current ratio 5.19 4.32 1.93
Net debt to EBITDA 1.46 0.88 1.55

Dividend

Metric IVDA VRME Security & Protection Services median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric IVDA VRME Security & Protection Services median
Market cap 3.78m 14.87m 395.79m

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