Janus International Group, Inc. (JBI) vs Latham Group, Inc. (SWIM)

Janus International Group, Inc. and Latham Group, Inc. are both Building Products & Equipment companies. Latham Group, Inc. is the larger, with a market value of $732.9M against $562.1M — 1.3× the size. Janus International Group, Inc. trades at the lower P/E: 17.4× against 125×. Latham Group, Inc. grew revenue faster over the last twelve months: 10.5% against 0.26%. Janus International Group, Inc. has the higher net margin (3.68% vs 0.92%) and the higher return on invested capital (5.30% vs 2.82%). Across the 22 metrics below, Janus International Group, Inc. leads on 19 and Latham Group, Inc. on 3.

Valuation

Metric JBI SWIM Building Products & Equipment median
P/E 17.44 125.00 24.54
P/S 0.64 1.27 2.00
P/B 1.00 1.78 3.02
Price to free cash flow 6.96 19.83 18.49
EV/EBITDA 7.05 11.56 12.63
EV/Sales 1.10 1.68 2.14
Earnings yield 5.73% 0.80% 2.74%
Free cash flow yield 14.36% 5.04% 3.58%

Profitability

Metric JBI SWIM Building Products & Equipment median
Gross margin 35.86% 33.38% 29.19%
Operating margin 9.30% 5.08% 6.84%
Net margin 3.68% 0.92% 4.05%
Free cash flow margin 9.15% 6.42% 8.72%
Return on equity 5.95% 1.32% 9.28%
Return on assets 2.54% 0.63% 2.88%
Return on invested capital 5.30% 2.82% 5.16%

Growth

Metric JBI SWIM Building Products & Equipment median
Revenue growth (TTM) 0.26% 10.50% 3.11%
EPS growth (last fiscal year) (22.45%) 160.00% —
Revenue growth, 5-year CAGR 10.00% 6.24% 5.37%
Net income growth, 5-year CAGR (1.09%) (6.99%) 0.00%

Health

Metric JBI SWIM Building Products & Equipment median
Debt to equity 0.95 0.68 0.43
Current ratio 2.94 2.16 1.82
Net debt to EBITDA 2.19 2.50 0.98

Dividend

Metric JBI SWIM Building Products & Equipment median
Dividend yield — — 1.20%
Payout ratio 0.00 0.00 0.04

Size

Metric JBI SWIM Building Products & Equipment median
Market cap 562.12m 732.94m 1.18b

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