Lifeway Foods, Inc. (LWAY) vs Oatly Group AB Sponsored ADR (OTLY)

Lifeway Foods, Inc. and Oatly Group AB Sponsored ADR are both Packaged Foods companies. Lifeway Foods, Inc. is the larger, with a market value of $335.4M against $245.7M — 1.4× the size. Oatly Group AB Sponsored ADR has negative trailing earnings, so its P/E is not meaningful; Lifeway Foods, Inc. trades at 30.0×. Lifeway Foods, Inc. grew revenue faster over the last twelve months: 25.6% against 12.1%. Lifeway Foods, Inc. has the higher net margin (4.48% vs −9.51%) and the higher return on invested capital (9.89% vs −6.41%). Across the 19 metrics below, Lifeway Foods, Inc. leads on 12 and Oatly Group AB Sponsored ADR on 7.

Valuation

Metric LWAY OTLY Packaged Foods median
P/E 30.03 n/m 13.08
P/S 1.35 0.26 0.65
P/B 3.88 n/m 1.54
Price to free cash flow n/m n/m 8.79
EV/EBITDA 17.27 279.34 8.30
EV/Sales 1.42 0.81 0.93
Earnings yield 3.33% (36.60%) 2.17%
Free cash flow yield (9.42%) (15.26%) 5.52%

Profitability

Metric LWAY OTLY Packaged Foods median
Gross margin 25.64% 34.01% 28.37%
Operating margin 6.49% (5.07%) 2.53%
Net margin 4.48% (9.51%) 0.53%
Free cash flow margin (12.74%) (4.00%) 2.31%
Return on equity 13.32% 600.29% 0.00%
Return on assets 9.43% (12.05%) 0.00%
Return on invested capital 9.89% (6.41%) 0.00%

Growth

Metric LWAY OTLY Packaged Foods median
Revenue growth (TTM) 25.59% 12.13% 3.13%
EPS growth (last fiscal year) 48.33% 26.03% 4.57%
Revenue growth, 5-year CAGR 15.81% 15.40% 3.81%
Net income growth, 5-year CAGR 33.80% 0.00% 0.00%

Health

Metric LWAY OTLY Packaged Foods median
Debt to equity 0.26 (10.85) 0.18
Current ratio 2.09 0.40 1.84
Net debt to EBITDA (0.28) (25.23) 0.73

Dividend

Metric LWAY OTLY Packaged Foods median
Dividend yield — — 3.82%
Payout ratio — — 0.61

Size

Metric LWAY OTLY Packaged Foods median
Market cap 335.37m 245.71m 264.57m

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