Kyndryl Holdings, Inc. (KD) vs VNET Group, Inc. - Unsponsored ADR (VNET)

Kyndryl Holdings, Inc. and VNET Group, Inc. - Unsponsored ADR are both Information Technology Services companies. Kyndryl Holdings, Inc. is the larger, with a market value of $2.6B against $1.9B — 1.3× the size. VNET Group, Inc. - Unsponsored ADR has negative trailing earnings, so its P/E is not meaningful; Kyndryl Holdings, Inc. trades at 31.4×. VNET Group, Inc. - Unsponsored ADR grew revenue faster over the last twelve months: 26.5% against −0.62%. Kyndryl Holdings, Inc. has the higher net margin (0.58% vs −22.1%) and the higher return on invested capital (7.30% vs 2.30%). Across the 19 metrics below, Kyndryl Holdings, Inc. leads on 16 and VNET Group, Inc. - Unsponsored ADR on 3.

Valuation

Metric KD VNET Information Technology Services median
P/E 31.35 n/m 14.63
P/S 0.17 1.20 1.13
P/B 2.19 2.67 2.10
Price to free cash flow 11.32 n/m 10.11
EV/EBITDA 1.44 36.74 8.56
EV/Sales 0.30 2.87 1.20
Earnings yield 3.19% (19.58%) 4.56%
Free cash flow yield 8.83% (74.67%) 4.37%

Profitability

Metric KD VNET Information Technology Services median
Gross margin 21.84% 20.53% 31.05%
Operating margin 2.44% 7.80% 3.30%
Net margin 0.58% (22.05%) 2.09%
Free cash flow margin 1.51% 0.00% 0.00%
Return on equity 6.93% (42.08%) 4.12%
Return on assets 0.74% (5.40%) 0.61%
Return on invested capital 7.30% 2.30% 0.57%

Growth

Metric KD VNET Information Technology Services median
Revenue growth (TTM) (0.62%) 26.49% 7.12%
EPS growth (last fiscal year) (19.05%) (700.00%) —
Revenue growth, 5-year CAGR 27.78% 13.96% 7.71%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric KD VNET Information Technology Services median
Debt to equity 3.49 5.22 0.45
Current ratio 0.85 0.97 1.66
Net debt to EBITDA 0.44 5.17 0.44

Dividend

Metric KD VNET Information Technology Services median
Dividend yield — — 1.21%
Payout ratio 0.00 0.00 0.00

Size

Metric KD VNET Information Technology Services median
Market cap 2.57b 1.93b 1.36b

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