LiqTech International, Inc. (LIQT) vs 374Water Inc. (SCWO)

LiqTech International, Inc. and 374Water Inc. are both Pollution & Treatment Controls companies. 374Water Inc. is the larger, with a market value of $54.8M against $21.0M — 2.6× the size. 374Water Inc. grew revenue faster over the last twelve months: 53.5% against −0.17%. LiqTech International, Inc. has the higher net margin (−63.7% vs −1,056.2%) and the higher return on invested capital (−43.3% vs −297.2%). Across the 18 metrics below, LiqTech International, Inc. leads on 14 and 374Water Inc. on 4.

Valuation

Metric LIQT SCWO Pollution & Treatment Controls median
P/E n/m n/m —
P/S 0.82 28.04 3.64
P/B 0.49 17.75 2.08
Price to free cash flow n/m n/m —
EV/EBITDA 0.11 n/m 17.68
EV/Sales (0.04) 28.90 4.26
Earnings yield (137.70%) (40.81%) (18.01%)
Free cash flow yield (68.70%) (21.42%) (5.86%)

Profitability

Metric LIQT SCWO Pollution & Treatment Controls median
Gross margin 9.07% 6.25% 34.73%
Operating margin (55.87%) (1,002.21%) (29.01%)
Net margin (63.66%) (1,056.18%) (31.94%)
Free cash flow margin (56.15%) (595.30%) (12.20%)
Return on equity (49.46%) (335.45%) (38.24%)
Return on assets (28.21%) (157.47%) (26.06%)
Return on invested capital (43.29%) (297.16%) 0.00%

Growth

Metric LIQT SCWO Pollution & Treatment Controls median
Revenue growth (TTM) (0.17%) 53.49% 9.79%
EPS growth (last fiscal year) 45.73% (53.33%) —
Revenue growth, 5-year CAGR (6.03%) 19.95% 8.56%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LIQT SCWO Pollution & Treatment Controls median
Debt to equity 0.09 0.93 0.03
Current ratio 4.37 1.67 1.90
Net debt to EBITDA (0.56) 0.12 0.30

Dividend

Metric LIQT SCWO Pollution & Treatment Controls median
Dividend yield — — —
Payout ratio 0.00 — 0.00

Size

Metric LIQT SCWO Pollution & Treatment Controls median
Market cap 20.95m 54.75m 48.08m

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