National CineMedia, Inc. (NCMI) vs Perion Network Ltd (PERI)

National CineMedia, Inc. and Perion Network Ltd are both Advertising Agencies companies. Perion Network Ltd is the larger, with a market value of $370.4M against $152.4M — 2.4× the size. National CineMedia, Inc. grew revenue faster over the last twelve months: 5.73% against 2.86%. Perion Network Ltd has the higher net margin (−2.95% vs −3.09%) and the higher return on invested capital (−3.19% vs −3.69%). Across the 20 metrics below, Perion Network Ltd leads on 12 and National CineMedia, Inc. on 8.

Valuation

Metric NCMI PERI Advertising Agencies median
P/E n/m n/m 21.69
P/S 0.61 0.97 0.73
P/B 0.45 0.68 1.02
Price to free cash flow 8.25 11.91 8.36
EV/EBITDA 62.55 144.40 11.66
EV/Sales 4.98 0.40 0.96
Earnings yield (5.56%) (2.98%) (2.98%)
Free cash flow yield 12.12% 8.39% 0.00%

Profitability

Metric NCMI PERI Advertising Agencies median
Gross margin 42.75% 88.57% 44.67%
Operating margin (7.11%) (4.14%) 0.00%
Net margin (3.09%) (2.95%) (2.95%)
Free cash flow margin 7.39% 8.13% 0.00%
Return on equity (2.25%) (1.96%) 0.00%
Return on assets (1.70%) (1.46%) 0.00%
Return on invested capital (3.69%) (3.19%) 0.00%

Growth

Metric NCMI PERI Advertising Agencies median
Revenue growth (TTM) 5.73% 2.86% 2.99%
EPS growth (last fiscal year) 52.17% (176.00%) 44.63%
Revenue growth, 5-year CAGR 21.89% 6.04% 5.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NCMI PERI Advertising Agencies median
Debt to equity 0.04 0.00 0.04
Current ratio 1.84 2.53 1.72
Net debt to EBITDA (1.05) (137.89) 0.02

Dividend

Metric NCMI PERI Advertising Agencies median
Dividend yield 5.56% — 3.66%
Payout ratio — — —

Size

Metric NCMI PERI Advertising Agencies median
Market cap 152.39m 370.39m 60.75m

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