Joby Aviation, Inc. (JOBY) vs Grupo Aeroportuario Del Pacifico, S.A. de C.V. (PAC)

Joby Aviation, Inc. and Grupo Aeroportuario Del Pacifico, S.A. de C.V. are both Airports & Air Services companies. Grupo Aeroportuario Del Pacifico, S.A. de C.V. is the larger, with a market value of $11.0B against $6.3B — 1.7× the size. Joby Aviation, Inc. has negative trailing earnings, so its P/E is not meaningful; Grupo Aeroportuario Del Pacifico, S.A. de C.V. trades at 19.2×. Joby Aviation, Inc. grew revenue faster over the last twelve months: 92,197.6% against 14.5%. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has the higher net margin (24.5% vs −755.1%) and the higher return on invested capital (11.0% vs −271.2%). Across the 18 metrics below, Grupo Aeroportuario Del Pacifico, S.A. de C.V. leads on 14 and Joby Aviation, Inc. on 4.

Valuation

Metric JOBY PAC Airports & Air Services median
P/E n/m 19.18 —
P/S 52.79 5.45 2.67
P/B 3.48 4.04 2.64
Price to free cash flow n/m 46.61 —
EV/EBITDA n/m 12.51 9.48
EV/Sales 39.38 6.57 2.90
Earnings yield (15.64%) 5.21% 1.84%
Free cash flow yield (12.11%) 2.15% (2.65%)

Profitability

Metric JOBY PAC Airports & Air Services median
Gross margin 34.29% 78.88% 34.42%
Operating margin (759.20%) 43.56% 12.44%
Net margin (755.11%) 24.51% 6.20%
Free cash flow margin (639.18%) 11.69% 5.08%
Return on equity (65.90%) 27.15% 24.83%
Return on assets (43.78%) 9.57% 2.84%
Return on invested capital (271.21%) 11.04% 5.66%

Growth

Metric JOBY PAC Airports & Air Services median
Revenue growth (TTM) 92,197.62% 14.49% 12.21%
EPS growth (last fiscal year) (29.89%) 7.05% —
Revenue growth, 5-year CAGR — 31.18% 26.64%
Net income growth, 5-year CAGR 0.00% 40.15% 1.16%

Health

Metric JOBY PAC Airports & Air Services median
Debt to equity 0.40 1.19 0.48
Current ratio 17.98 0.84 1.31
Net debt to EBITDA 2.07 1.99 0.72

Dividend

Metric JOBY PAC Airports & Air Services median
Dividend yield — 4.25% —
Payout ratio 0.00 0.58 0.00

Size

Metric JOBY PAC Airports & Air Services median
Market cap 6.30b 10.98b 4.06b

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