MongoDB, Inc. (MDB) vs Zscaler, Inc. (ZS)

MongoDB, Inc. and Zscaler, Inc. are both Software Infrastructure companies. MongoDB, Inc. and Zscaler, Inc. are of similar size ($34.0B and $33.8B). Zscaler, Inc. has negative trailing earnings, so its P/E is not meaningful; MongoDB, Inc. trades at 555×. MongoDB, Inc. grew revenue faster over the last twelve months: 25.5% against 25.4%. MongoDB, Inc. has the higher net margin (2.12% vs −1.88%) and the higher return on invested capital (−1.60% vs −10.2%). Across the 20 metrics below, MongoDB, Inc. leads on 12 and Zscaler, Inc. on 8.

Valuation

Metric MDB ZS Software Infrastructure median
P/E 554.65 n/m 28.02
P/S 11.87 9.23 3.07
P/B 11.09 11.90 3.36
Price to free cash flow 50.13 39.77 17.12
EV/EBITDA 1,431.78 111.98 14.91
EV/Sales 11.82 9.04 3.03
Earnings yield 0.18% (0.20%) 0.13%
Free cash flow yield 1.99% 2.51% 1.15%

Profitability

Metric MDB ZS Software Infrastructure median
Gross margin 72.69% 76.80% 61.23%
Operating margin (0.52%) (3.98%) 0.00%
Net margin 2.12% (1.88%) 0.00%
Free cash flow margin 23.68% 23.24% 1.67%
Return on equity 1.99% (2.87%) 0.59%
Return on assets 1.61% (0.88%) 0.00%
Return on invested capital (1.60%) (10.15%) 0.00%

Growth

Metric MDB ZS Software Infrastructure median
Revenue growth (TTM) 25.45% 25.42% 13.41%
EPS growth (last fiscal year) 49.13% (44.44%) —
Revenue growth, 5-year CAGR 33.07% 37.87% 15.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MDB ZS Software Infrastructure median
Debt to equity 0.00 0.65 0.06
Current ratio 4.87 1.70 1.55
Net debt to EBITDA 23.98 (6.57) 0.08

Dividend

Metric MDB ZS Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric MDB ZS Software Infrastructure median
Market cap 34.04b 33.77b 835.96m

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