Kaltura, Inc. (KLTR) vs Ribbon Communications Inc. (RBBN)

Kaltura, Inc. and Ribbon Communications Inc. are both Software Application companies. Kaltura, Inc. and Ribbon Communications Inc. are of similar size ($247.3M and $225.8M). Kaltura, Inc. has negative trailing earnings, so its P/E is not meaningful; Ribbon Communications Inc. trades at 12.3×. Kaltura, Inc. grew revenue faster over the last twelve months: −0.23% against −7.78%. Ribbon Communications Inc. has the higher net margin (2.32% vs −6.92%) and the lower return on invested capital (−2.63% vs 0.00%). Across the 20 metrics below, Ribbon Communications Inc. leads on 11 and Kaltura, Inc. on 9.

Valuation

Metric KLTR RBBN Software Application median
P/E n/m 12.29 26.44
P/S 1.25 0.30 2.90
P/B 133.45 0.62 2.60
Price to free cash flow 22.17 n/m 17.04
EV/EBITDA 19.43 16.82 15.48
EV/Sales 1.36 0.67 3.00
Earnings yield (6.16%) 8.13% 0.20%
Free cash flow yield 4.51% (12.38%) 1.96%

Profitability

Metric KLTR RBBN Software Application median
Gross margin 72.05% 48.27% 67.34%
Operating margin (1.45%) (3.62%) 0.00%
Net margin (6.92%) 2.32% 0.00%
Free cash flow margin 5.71% (3.70%) 5.77%
Return on equity (134.25%) 4.96% 0.00%
Return on assets (7.40%) 1.65% 0.00%
Return on invested capital 0.00% (2.63%) 0.00%

Growth

Metric KLTR RBBN Software Application median
Revenue growth (TTM) (0.23%) (7.78%) 12.12%
EPS growth (last fiscal year) 61.90% 170.97% 32.44%
Revenue growth, 5-year CAGR 8.47% 0.02% 14.34%
Net income growth, 5-year CAGR 0.00% (14.86%) 0.00%

Health

Metric KLTR RBBN Software Application median
Debt to equity 15.70 0.88 0.04
Current ratio 0.56 1.32 1.53
Net debt to EBITDA (2.13) 3.89 0.09

Dividend

Metric KLTR RBBN Software Application median
Dividend yield — — 1.07%
Payout ratio — — 0.28

Size

Metric KLTR RBBN Software Application median
Market cap 225.78m 247.26m 383.88m

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