Momentus Inc. (MNTS) vs Optex Systems Holdings Inc. (OPXS)

Momentus Inc. and Optex Systems Holdings Inc. are both Aerospace & Defense companies. Momentus Inc. is the larger, with a market value of $92.5M against $72.7M — 1.3× the size. Momentus Inc. has negative trailing earnings, so its P/E is not meaningful; Optex Systems Holdings Inc. trades at 18.6×. Momentus Inc. grew revenue faster over the last twelve months: 324.0% against 0.81%. Optex Systems Holdings Inc. has the higher net margin (9.77% vs −930.7%) and the higher return on invested capital (15.3% vs −304.3%). Across the 19 metrics below, Optex Systems Holdings Inc. leads on 11 and Momentus Inc. on 8.

Valuation

Metric MNTS OPXS Aerospace & Defense median
P/E n/m 18.61 33.00
P/S 13.10 1.82 3.63
P/B 0.44 2.60 3.24
Price to free cash flow n/m 50.71 34.01
EV/EBITDA 1.73 11.87 18.69
EV/Sales (13.12) 1.70 3.94
Earnings yield (12.64%) 5.37% 1.31%
Free cash flow yield (61.58%) 1.97% 0.00%

Profitability

Metric MNTS OPXS Aerospace & Defense median
Gross margin 63.57% 30.69% 25.48%
Operating margin (831.98%) 13.25% 4.54%
Net margin (930.73%) 9.77% 2.22%
Free cash flow margin (806.98%) 3.66% 0.00%
Return on equity (68.49%) 15.28% 6.43%
Return on assets (51.49%) 12.61% 2.70%
Return on invested capital (304.33%) 15.28% 1.56%

Growth

Metric MNTS OPXS Aerospace & Defense median
Revenue growth (TTM) 323.98% 0.81% 18.43%
EPS growth (last fiscal year) 88.14% 34.55% —
Revenue growth, 5-year CAGR 24.91% 9.81% 9.62%
Net income growth, 5-year CAGR 0.00% 33.21% 0.00%

Health

Metric MNTS OPXS Aerospace & Defense median
Debt to equity 0.00 0.00 0.24
Current ratio 13.70 7.09 2.72
Net debt to EBITDA 0.36 (0.84) 1.12

Dividend

Metric MNTS OPXS Aerospace & Defense median
Dividend yield — — 1.04%
Payout ratio 0.00 — 0.00

Size

Metric MNTS OPXS Aerospace & Defense median
Market cap 92.50m 72.73m 2.52b

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