Northann Corp. (NCLX) vs PURPLE INNOVATION, INC. (PRPL)

Northann Corp. and PURPLE INNOVATION, INC. are both Furnishings Fixtures & Appliances companies. PURPLE INNOVATION, INC. is the larger, with a market value of $11.1M against $8.5M — 1.3× the size. Northann Corp. grew revenue faster over the last twelve months: 6.58% against −0.74%. PURPLE INNOVATION, INC. has the higher net margin (−10.7% vs −78.9%) and the lower return on invested capital (−55.5% vs −32.5%). Across the 15 metrics below, PURPLE INNOVATION, INC. leads on 9 and Northann Corp. on 6.

Valuation

Metric NCLX PRPL Furnishings Fixtures & Appliances median
P/E n/m n/m 14.03
P/S n/m 0.02 0.52
P/B n/m n/m 1.06
Price to free cash flow n/m n/m 9.86
EV/EBITDA n/m n/m 7.67
EV/Sales 0.27 0.52 0.67
Earnings yield 0.00% (455.06%) 3.50%
Free cash flow yield 0.00% (98.61%) 7.55%

Profitability

Metric NCLX PRPL Furnishings Fixtures & Appliances median
Gross margin 17.80% 40.71% 37.53%
Operating margin (77.57%) (7.81%) 2.03%
Net margin (78.93%) (10.74%) 1.65%
Free cash flow margin (46.45%) (2.34%) 3.92%
Return on equity (106.81%) 122.71% 5.51%
Return on assets (50.50%) (17.14%) 1.69%
Return on invested capital (32.54%) (55.45%) 3.55%

Growth

Metric NCLX PRPL Furnishings Fixtures & Appliances median
Revenue growth (TTM) 6.58% (0.74%) 1.14%
EPS growth (last fiscal year) 39.71% 47.25% —
Revenue growth, 5-year CAGR — (6.29%) 0.64%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric NCLX PRPL Furnishings Fixtures & Appliances median
Debt to equity 0.23 (1.99) 0.17
Current ratio 1.51 0.52 1.97
Net debt to EBITDA (0.30) (4.59) 0.06

Dividend

Metric NCLX PRPL Furnishings Fixtures & Appliances median
Dividend yield — 0.00% 2.20%
Payout ratio — 0.00 0.09

Size

Metric NCLX PRPL Furnishings Fixtures & Appliances median
Market cap 8.54m 11.07m 212.02m

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