Mistras Group Inc (MG) vs NAPCO Security Technologies, Inc. (NSSC)

Mistras Group Inc and NAPCO Security Technologies, Inc. are both Security & Protection Services companies. NAPCO Security Technologies, Inc. is the larger, with a market value of $1.3B against $681.2M — 1.9× the size. Mistras Group Inc trades at the lower P/E: 25.0× against 29.5×. NAPCO Security Technologies, Inc. grew revenue faster over the last twelve months: 11.4% against 5.23%. NAPCO Security Technologies, Inc. has the higher net margin (21.3% vs 3.65%) and the higher return on invested capital (53.4% vs 7.73%). Across the 22 metrics below, NAPCO Security Technologies, Inc. leads on 16 and Mistras Group Inc on 6.

Valuation

Metric MG NSSC Security & Protection Services median
P/E 25.02 29.47 21.88
P/S 0.93 6.29 1.21
P/B 2.85 6.66 2.21
Price to free cash flow 23.83 21.49 20.62
EV/EBITDA 10.36 23.89 12.37
EV/Sales 1.16 5.65 1.86
Earnings yield 4.00% 3.39% 3.67%
Free cash flow yield 4.20% 4.65% 1.13%

Profitability

Metric MG NSSC Security & Protection Services median
Gross margin 28.53% 59.21% 41.45%
Operating margin 6.87% 22.56% 8.06%
Net margin 3.65% 21.27% 3.72%
Free cash flow margin 3.89% 29.27% 1.45%
Return on equity 11.82% 23.93% 9.87%
Return on assets 4.67% 19.70% 2.54%
Return on invested capital 7.73% 53.38% 3.11%

Growth

Metric MG NSSC Security & Protection Services median
Revenue growth (TTM) 5.23% 11.39% 5.96%
EPS growth (last fiscal year) (11.67%) 0.84% —
Revenue growth, 5-year CAGR 4.09% 12.15% 7.35%
Net income growth, 5-year CAGR 0.00% 22.79% 0.00%

Health

Metric MG NSSC Security & Protection Services median
Debt to equity 0.80 0.00 0.20
Current ratio 1.71 4.90 1.93
Net debt to EBITDA 2.34 (2.88) 1.55

Dividend

Metric MG NSSC Security & Protection Services median
Dividend yield — 0.35% 1.53%
Payout ratio 0.00 0.09 0.00

Size

Metric MG NSSC Security & Protection Services median
Market cap 681.17m 1.28b 395.79m

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