NCR Atleos Corporation (NATL) vs Q2 Holdings, Inc. (QTWO)

NCR Atleos Corporation and Q2 Holdings, Inc. are both Software Application companies. NCR Atleos Corporation and Q2 Holdings, Inc. are of similar size ($3.5B and $3.4B). NCR Atleos Corporation trades at the lower P/E: 17.3× against 37.9×. Q2 Holdings, Inc. grew revenue faster over the last twelve months: 13.9% against 3.83%. Q2 Holdings, Inc. has the higher net margin (10.9% vs 4.44%) and the lower return on invested capital (9.92% vs 12.3%). Across the 20 metrics below, Q2 Holdings, Inc. leads on 11 and NCR Atleos Corporation on 9.

Valuation

Metric NATL QTWO Software Application median
P/E 17.32 37.93 24.79
P/S 0.77 4.14 2.67
P/B 7.33 5.45 3.01
Price to free cash flow 20.86 18.58 16.59
EV/EBITDA 7.04 23.99 14.40
EV/Sales 1.25 4.73 2.62
Earnings yield 5.77% 2.64% 0.00%
Free cash flow yield 4.79% 5.38% 1.91%

Profitability

Metric NATL QTWO Software Application median
Gross margin 25.35% 56.99% 67.03%
Operating margin 11.45% 10.03% 0.00%
Net margin 4.44% 10.87% 0.00%
Free cash flow margin 3.55% 22.34% 4.32%
Return on equity 48.04% 14.98% 0.00%
Return on assets 3.42% 7.82% 0.00%
Return on invested capital 12.25% 9.92% 0.00%

Growth

Metric NATL QTWO Software Application median
Revenue growth (TTM) 3.83% 13.90% 12.40%
EPS growth (last fiscal year) 73.98% 225.00% —
Revenue growth, 5-year CAGR — 14.56% 13.72%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric NATL QTWO Software Application median
Debt to equity 5.84 0.00 0.02
Current ratio 1.03 0.94 1.55
Net debt to EBITDA 2.70 (1.05) 0.06

Dividend

Metric NATL QTWO Software Application median
Dividend yield — — 1.25%
Payout ratio — 0.00 0.00

Size

Metric NATL QTWO Software Application median
Market cap 3.39b 3.52b 396.11m

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