Klaviyo, Inc. (KVYO) vs Navan, Inc. (NAVN)

Klaviyo, Inc. and Navan, Inc. are both Software Application companies. Navan, Inc. is the larger, with a market value of $5.1B against $4.6B — 1.1× the size. Navan, Inc. has negative trailing earnings, so its P/E is not meaningful; Klaviyo, Inc. trades at 849×. Klaviyo, Inc. has the higher net margin (0.49% vs −42.1%) and the higher return on invested capital (−12.1% vs −25.3%). Across the 17 metrics below, Klaviyo, Inc. leads on 15 and Navan, Inc. on 2.

Valuation

Metric KVYO NAVN Software Application median
P/E 849.46 n/m 24.79
P/S 3.38 6.03 2.67
P/B 4.85 3.78 3.01
Price to free cash flow 19.84 175.78 16.59
EV/EBITDA 44.31 n/m 14.40
EV/Sales 2.78 5.07 2.62
Earnings yield 0.12% (26.06%) 0.00%
Free cash flow yield 5.04% 0.57% 1.91%

Profitability

Metric KVYO NAVN Software Application median
Gross margin 73.79% 72.55% 67.03%
Operating margin (1.86%) (25.72%) 0.00%
Net margin 0.49% (42.11%) 0.00%
Free cash flow margin 17.01% 3.43% 4.32%
Return on equity 0.66% (540.18%) 0.00%
Return on assets 0.49% (38.41%) 0.00%
Return on invested capital (12.11%) (25.34%) 0.00%

Growth

Metric KVYO NAVN Software Application median
Revenue growth (TTM) 28.89% — 12.40%
EPS growth (last fiscal year) 35.29% (1.76%) —
Revenue growth, 5-year CAGR — — 13.72%
Net income growth, 5-year CAGR — — 0.00%

Health

Metric KVYO NAVN Software Application median
Debt to equity 0.00 0.09 0.02
Current ratio 3.13 4.38 1.55
Net debt to EBITDA (31.63) 5.39 0.06

Dividend

Metric KVYO NAVN Software Application median
Dividend yield — — 1.25%
Payout ratio — — 0.00

Size

Metric KVYO NAVN Software Application median
Market cap 4.56b 5.11b 396.11m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack