Merlin Inc (MRLN) vs SIFCO Industries, Inc. (SIF)

Merlin Inc and SIFCO Industries, Inc. are both Aerospace & Defense companies. SIFCO Industries, Inc. is the larger, with a market value of $133.2M against $113.2M — 1.2× the size. Merlin Inc has negative trailing earnings, so its P/E is not meaningful; SIFCO Industries, Inc. trades at 31.8×. SIFCO Industries, Inc. has the higher net margin (4.00% vs −3,463.5%) and the higher return on invested capital (7.52% vs 0.00%). Across the 16 metrics below, SIFCO Industries, Inc. leads on 11 and Merlin Inc on 5.

Valuation

Metric MRLN SIF Aerospace & Defense median
P/E n/m 31.81 31.81
P/S 14.01 1.28 3.55
P/B n/m 3.07 2.59
Price to free cash flow n/m 37.45 31.99
EV/EBITDA 0.64 13.40 18.08
EV/Sales (7.16) 1.29 3.37
Earnings yield (279.92%) 3.14% 1.38%
Free cash flow yield (67.90%) 2.67% 0.21%

Profitability

Metric MRLN SIF Aerospace & Defense median
Gross margin 26.34% 16.57% 25.48%
Operating margin (1,156.90%) 5.16% 4.54%
Net margin (3,463.45%) 4.00% 2.22%
Free cash flow margin (951.07%) 3.43% 1.43%
Return on equity 0.00% 10.27% 6.43%
Return on assets (239.99%) 5.05% 2.70%
Return on invested capital 0.00% 7.52% 1.56%

Growth

Metric MRLN SIF Aerospace & Defense median
Revenue growth (TTM) — 18.78% 18.43%
EPS growth (last fiscal year) 85.03% 86.67% 24.27%
Revenue growth, 5-year CAGR — (5.67%) 9.73%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric MRLN SIF Aerospace & Defense median
Debt to equity 0.00 0.05 0.24
Current ratio 14.67 1.77 2.72
Net debt to EBITDA 0.24 0.11 1.12

Dividend

Metric MRLN SIF Aerospace & Defense median
Dividend yield — — 0.90%
Payout ratio — — 0.32

Size

Metric MRLN SIF Aerospace & Defense median
Market cap 113.19m 133.21m 2.19b

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