Merlin Inc (MRLN) vs GrabAGun Digital Holdings Inc. (PEW)

Merlin Inc and GrabAGun Digital Holdings Inc. are both Aerospace & Defense companies. Merlin Inc is the larger, with a market value of $78.3M against $55.2M — 1.4× the size. GrabAGun Digital Holdings Inc. has the higher net margin (−7.00% vs −3,463.5%) and the lower return on invested capital (−51.1% vs 0.00%). Across the 16 metrics below, Merlin Inc leads on 9 and GrabAGun Digital Holdings Inc. on 7.

Valuation

Metric MRLN PEW Aerospace & Defense median
P/E n/m n/m 29.42
P/S 11.08 0.55 3.05
P/B n/m 0.54 2.91
Price to free cash flow n/m n/m 29.52
EV/EBITDA 0.90 3.40 17.23
EV/Sales (10.09) (0.34) 3.25
Earnings yield (353.92%) (13.23%) 0.95%
Free cash flow yield (84.52%) (37.80%) 0.00%

Profitability

Metric MRLN PEW Aerospace & Defense median
Gross margin 26.34% 12.60% 26.41%
Operating margin (1,156.90%) (10.30%) 3.69%
Net margin (3,463.45%) (7.00%) 2.74%
Free cash flow margin (936.31%) (20.73%) 0.73%
Return on equity 0.00% (13.79%) 5.39%
Return on assets (239.99%) (11.62%) 2.18%
Return on invested capital 0.00% (51.12%) 0.64%

Growth

Metric MRLN PEW Aerospace & Defense median
Revenue growth (TTM) — — 18.03%
EPS growth (last fiscal year) 85.03% (128.83%) 24.80%
Revenue growth, 5-year CAGR — — 9.73%
Net income growth, 5-year CAGR — — 0.00%

Health

Metric MRLN PEW Aerospace & Defense median
Debt to equity 0.00 0.07 0.18
Current ratio 14.67 9.42 2.85
Net debt to EBITDA 0.24 24.91 1.29

Dividend

Metric MRLN PEW Aerospace & Defense median
Dividend yield — — 0.89%
Payout ratio — — 0.30

Size

Metric MRLN PEW Aerospace & Defense median
Market cap 78.34m 55.19m 1.52b

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