LG Display Co., Ltd. (LPL) vs Sonos, Inc. (SONO)

LG Display Co., Ltd. and Sonos, Inc. are both Consumer Electronics companies. LG Display Co., Ltd. is the larger, with a market value of $2.9B against $2.1B — 1.4× the size. LG Display Co., Ltd. has negative trailing earnings, so its P/E is not meaningful; Sonos, Inc. trades at 37.9×. Sonos, Inc. grew revenue faster over the last twelve months: 5.64% against −2.18%. Sonos, Inc. has the higher net margin (3.82% vs −5.40%) and the higher return on invested capital (28.9% vs 1.25%). Across the 20 metrics below, Sonos, Inc. leads on 13 and LG Display Co., Ltd. on 7.

Valuation

Metric LPL SONO Consumer Electronics median
P/E n/m 37.88 —
P/S 0.17 1.45 1.37
P/B 0.56 5.36 1.88
Price to free cash flow 4.99 17.28 13.04
EV/EBITDA 3.70 16.80 7.02
EV/Sales 0.64 1.31 1.24
Earnings yield (30.54%) 2.64% (26.50%)
Free cash flow yield 20.03% 5.79% (0.52%)

Profitability

Metric LPL SONO Consumer Electronics median
Gross margin 13.18% 46.51% 29.45%
Operating margin 1.56% 4.43% (0.42%)
Net margin (5.40%) 3.82% (13.99%)
Free cash flow margin 3.41% 8.40% 0.00%
Return on equity (17.70%) 14.18% (2.86%)
Return on assets (4.86%) 6.63% (4.86%)
Return on invested capital 1.25% 28.93% 0.00%

Growth

Metric LPL SONO Consumer Electronics median
Revenue growth (TTM) (2.18%) 5.64% 4.39%
EPS growth (last fiscal year) 111.23% (64.52%) —
Revenue growth, 5-year CAGR (1.40%) 1.70% (3.25%)
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LPL SONO Consumer Electronics median
Debt to equity 1.76 0.00 0.03
Current ratio 0.63 1.61 1.61
Net debt to EBITDA 2.27 (19.20) 0.72

Dividend

Metric LPL SONO Consumer Electronics median
Dividend yield 4.99% — —
Payout ratio 0.00 0.00 0.00

Size

Metric LPL SONO Consumer Electronics median
Market cap 2.93b 2.13b 42.23m

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