Mercury Systems Inc (MRCY) vs Planet Labs PBC (PL)

Mercury Systems Inc and Planet Labs PBC are both Aerospace & Defense companies. Planet Labs PBC is the larger, with a market value of $6.6B against $5.1B — 1.3× the size. Planet Labs PBC grew revenue faster over the last twelve months: 44.1% against 7.85%. Mercury Systems Inc has the higher net margin (−3.02% vs −95.1%) and the higher return on invested capital (0.01% vs −44.2%). Across the 19 metrics below, Mercury Systems Inc leads on 16 and Planet Labs PBC on 3.

Valuation

Metric MRCY PL Aerospace & Defense median
P/E n/m n/m 33.00
P/S 4.97 16.59 3.63
P/B 3.26 11.12 3.24
Price to free cash flow 71.77 315.77 34.01
EV/EBITDA 70.22 n/m 18.69
EV/Sales 5.21 15.50 3.94
Earnings yield (0.60%) (6.30%) 1.31%
Free cash flow yield 1.39% 0.32% 0.00%

Profitability

Metric MRCY PL Aerospace & Defense median
Gross margin 28.58% 55.42% 25.48%
Operating margin 0.03% (27.16%) 4.54%
Net margin (3.02%) (95.13%) 2.22%
Free cash flow margin 6.92% 5.25% 0.00%
Return on equity (2.00%) (71.97%) 6.43%
Return on assets (1.25%) (33.83%) 2.70%
Return on invested capital 0.01% (44.19%) 1.56%

Growth

Metric MRCY PL Aerospace & Defense median
Revenue growth (TTM) 7.85% 44.12% 18.43%
EPS growth (last fiscal year) 23.08% (90.48%) —
Revenue growth, 5-year CAGR 1.26% 22.15% 9.62%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MRCY PL Aerospace & Defense median
Debt to equity 0.29 0.79 0.24
Current ratio 2.96 2.84 2.72
Net debt to EBITDA 3.11 3.64 1.12

Dividend

Metric MRCY PL Aerospace & Defense median
Dividend yield — — 1.04%
Payout ratio 0.00 0.00 0.00

Size

Metric MRCY PL Aerospace & Defense median
Market cap 5.06b 6.61b 2.52b

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