Navan, Inc. (NAVN) vs ServiceTitan Inc. (TTAN)

Navan, Inc. and ServiceTitan Inc. are both Software Application companies. ServiceTitan Inc. is the larger, with a market value of $5.7B against $5.1B — 1.1× the size. ServiceTitan Inc. has the higher net margin (−12.1% vs −42.1%) and the higher return on invested capital (−7.67% vs −25.3%). Across the 17 metrics below, ServiceTitan Inc. leads on 15 and Navan, Inc. on 2.

Valuation

Metric NAVN TTAN Software Application median
P/E n/m n/m 24.79
P/S 6.03 5.21 2.67
P/B 3.78 3.46 3.01
Price to free cash flow 175.78 48.70 16.59
EV/EBITDA n/m n/m 14.40
EV/Sales 5.07 4.86 2.62
Earnings yield (26.06%) (2.35%) 0.00%
Free cash flow yield 0.57% 2.05% 1.91%

Profitability

Metric NAVN TTAN Software Application median
Gross margin 72.55% 71.08% 67.03%
Operating margin (25.72%) (12.98%) 0.00%
Net margin (42.11%) (12.12%) 0.00%
Free cash flow margin 3.43% 10.71% 4.32%
Return on equity (540.18%) (8.34%) 0.00%
Return on assets (38.41%) (7.19%) 0.00%
Return on invested capital (25.34%) (7.67%) 0.00%

Growth

Metric NAVN TTAN Software Application median
Revenue growth (TTM) — 22.90% 12.40%
EPS growth (last fiscal year) (1.76%) 79.72% —
Revenue growth, 5-year CAGR — — 13.72%
Net income growth, 5-year CAGR — — 0.00%

Health

Metric NAVN TTAN Software Application median
Debt to equity 0.09 0.00 0.02
Current ratio 4.38 4.55 1.55
Net debt to EBITDA 5.39 6.07 0.06

Dividend

Metric NAVN TTAN Software Application median
Dividend yield — — 1.25%
Payout ratio — — 0.00

Size

Metric NAVN TTAN Software Application median
Market cap 5.11b 5.73b 396.11m

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