Lightspeed Commerce Inc. (LSPD) vs PagerDuty (PD)

Lightspeed Commerce Inc. and PagerDuty are both Software Application companies. Lightspeed Commerce Inc. and PagerDuty are of similar size ($1.3B and $1.2B). Lightspeed Commerce Inc. has negative trailing earnings, so its P/E is not meaningful; PagerDuty trades at 7.0×. Lightspeed Commerce Inc. grew revenue faster over the last twelve months: 11.6% against 2.30%. PagerDuty has the higher net margin (37.5% vs −7.81%) and the higher return on invested capital (12.6% vs −7.01%). Across the 19 metrics below, PagerDuty leads on 12 and Lightspeed Commerce Inc. on 7.

Valuation

Metric LSPD PD Software Application median
P/E n/m 7.05 24.79
P/S 1.10 2.25 2.67
P/B 0.98 4.79 3.01
Price to free cash flow n/m 9.47 16.59
EV/EBITDA 171.96 16.12 14.40
EV/Sales 0.81 2.22 2.62
Earnings yield (7.09%) 14.19% 0.00%
Free cash flow yield (1.60%) 10.56% 1.91%

Profitability

Metric LSPD PD Software Application median
Gross margin 43.09% 84.84% 67.03%
Operating margin (9.30%) 6.47% 0.00%
Net margin (7.81%) 37.50% 0.00%
Free cash flow margin (1.75%) 23.74% 4.32%
Return on equity (6.65%) 89.92% 0.00%
Return on assets (5.92%) 20.06% 0.00%
Return on invested capital (7.01%) 12.60% 0.00%

Growth

Metric LSPD PD Software Application median
Revenue growth (TTM) 11.57% 2.30% 12.40%
EPS growth (last fiscal year) 76.04% 416.95% —
Revenue growth, 5-year CAGR 40.80% 18.19% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LSPD PD Software Application median
Debt to equity 0.01 1.71 0.02
Current ratio 3.55 2.02 1.55
Net debt to EBITDA 285.60 (1.69) 0.06

Dividend

Metric LSPD PD Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric LSPD PD Software Application median
Market cap 1.29b 1.19b 396.11m

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