LiqTech International, Inc. (LIQT) vs Zone Frontier Inc. (ZONE)

LiqTech International, Inc. and Zone Frontier Inc. are both Pollution & Treatment Controls companies. Zone Frontier Inc. is the larger, with a market value of $60.6M against $12.3M — 4.9× the size. Zone Frontier Inc. grew revenue faster over the last twelve months: 64.3% against −0.17%. LiqTech International, Inc. has the higher net margin (−63.7% vs −5,112.6%) and the higher return on invested capital (−43.3% vs −100.4%). Across the 17 metrics below, LiqTech International, Inc. leads on 12 and Zone Frontier Inc. on 5.

Valuation

Metric LIQT ZONE Pollution & Treatment Controls median
P/E n/m n/m —
P/S 0.51 4.41 2.78
P/B 0.31 0.29 1.98
Price to free cash flow n/m n/m —
EV/EBITDA 0.93 n/m 18.09
EV/Sales (0.35) 1.02 2.17
Earnings yield (221.05%) (1,117.33%) (22.91%)
Free cash flow yield (110.28%) (987.00%) (7.86%)

Profitability

Metric LIQT ZONE Pollution & Treatment Controls median
Gross margin 9.07% 37.81% 34.98%
Operating margin (55.87%) (1,702.00%) (29.01%)
Net margin (63.66%) (5,112.61%) (31.94%)
Free cash flow margin (56.15%) (4,357.33%) (12.20%)
Return on equity (49.46%) (657.47%) (38.24%)
Return on assets (28.21%) (571.26%) (26.06%)
Return on invested capital (43.29%) (100.44%) 0.00%

Growth

Metric LIQT ZONE Pollution & Treatment Controls median
Revenue growth (TTM) (0.17%) 64.33% 9.79%
EPS growth (last fiscal year) 45.73% (31.94%) 13.10%
Revenue growth, 5-year CAGR (6.03%) — 8.56%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric LIQT ZONE Pollution & Treatment Controls median
Debt to equity 0.09 0.00 0.03
Current ratio 4.37 21.24 1.90
Net debt to EBITDA (0.56) 0.29 0.38

Dividend

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

Size

Metric LIQT ZONE Pollution & Treatment Controls median
Market cap 12.26m 60.56m 44.11m

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