Li-Cycle Holdings Corp. (LICYQ) vs Onterris, Inc. (ONT)

Li-Cycle Holdings Corp. and Onterris, Inc. are both Waste Management companies. Onterris, Inc. is the larger, with a market value of $494.1M against $29.9M — 16.5× the size. Li-Cycle Holdings Corp. grew revenue faster over the last twelve months: 53.0% against −0.87%. Onterris, Inc. has the higher net margin (−1.44% vs −491.8%) and the higher return on invested capital (0.61% vs −13.2%). Across the 16 metrics below, Onterris, Inc. leads on 12 and Li-Cycle Holdings Corp. on 4.

Valuation

Metric LICYQ ONT Waste Management median
P/E n/m n/m 35.70
P/S n/m 0.65 3.00
P/B n/m 1.16 1.49
Price to free cash flow n/m 9.47 26.09
EV/EBITDA n/m 14.82 15.78
EV/Sales 11.83 1.11 3.97
Earnings yield 0.00% (2.15%) 0.05%
Free cash flow yield 0.00% 10.56% 1.22%

Profitability

Metric LICYQ ONT Waste Management median
Gross margin (173.57%) 40.41% 31.60%
Operating margin (448.21%) 1.00% 0.50%
Net margin (491.79%) (1.44%) 0.00%
Free cash flow margin (465.36%) 6.84% 0.00%
Return on equity (43.06%) (2.48%) 0.00%
Return on assets (15.76%) (1.14%) 0.00%
Return on invested capital (13.20%) 0.61% 0.00%

Growth

Metric LICYQ ONT Waste Management median
Revenue growth (TTM) 53.01% (0.87%) 5.74%
EPS growth (last fiscal year) 6.09% 93.69% 5.82%
Revenue growth, 5-year CAGR 30.85% 20.40% 12.80%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LICYQ ONT Waste Management median
Debt to equity 1.38 0.86 0.88
Current ratio 0.58 2.00 1.32
Net debt to EBITDA (3.10) 4.87 2.03

Dividend

Metric LICYQ ONT Waste Management median
Dividend yield — — —
Payout ratio — — —

Size

Metric LICYQ ONT Waste Management median
Market cap 29.88m 494.10m 113.65m

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