Netskope Inc. (NTSK) vs SentinelOne, Inc. (S)

Netskope Inc. and SentinelOne, Inc. are both Software Infrastructure companies. Netskope Inc. and SentinelOne, Inc. are of similar size ($8.4B and $8.1B). SentinelOne, Inc. has the higher net margin (−31.0% vs −91.8%) and the lower return on invested capital (−25.5% vs 0.00%). Across the 16 metrics below, SentinelOne, Inc. leads on 11 and Netskope Inc. on 5.

Valuation

Metric NTSK S Software Infrastructure median
P/E n/m n/m 28.38
P/S 9.59 6.71 2.98
P/B 49.09 5.09 2.93
Price to free cash flow n/m 238.85 16.28
EV/EBITDA n/m n/m 13.92
EV/Sales 9.13 6.13 2.90
Earnings yield (13.42%) (4.68%) 0.14%
Free cash flow yield (0.97%) 0.42% 1.24%

Profitability

Metric NTSK S Software Infrastructure median
Gross margin 69.92% 72.54% 61.00%
Operating margin (94.66%) (29.46%) 0.00%
Net margin (91.84%) (30.95%) 0.00%
Free cash flow margin (9.31%) 2.81% 1.67%
Return on equity 106.88% (23.01%) 0.60%
Return on assets (86.11%) (14.37%) 0.00%
Return on invested capital 0.00% (25.50%) 0.00%

Growth

Metric NTSK S Software Infrastructure median
Revenue growth (TTM) — 21.09% 13.41%
EPS growth (last fiscal year) 12.64% (48.91%) 27.10%
Revenue growth, 5-year CAGR — 60.83% 15.57%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric NTSK S Software Infrastructure median
Debt to equity 4.45 0.00 0.05
Current ratio 2.01 1.45 1.55
Net debt to EBITDA 0.79 3.34 0.08

Dividend

Metric NTSK S Software Infrastructure median
Dividend yield — — 1.20%
Payout ratio — — 0.29

Size

Metric NTSK S Software Infrastructure median
Market cap 8.36b 8.13b 752.37m

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