Nextdoor Holdings, Inc. (NXDR) vs Yelp Inc. (YELP)

Nextdoor Holdings, Inc. and Yelp Inc. are both Internet Content & Information companies. Nextdoor Holdings, Inc. and Yelp Inc. are of similar size ($996.8M and $967.1M). Nextdoor Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; Yelp Inc. trades at 8.6×. Nextdoor Holdings, Inc. grew revenue faster over the last twelve months: 9.79% against 1.50%. Yelp Inc. has the higher net margin (8.59% vs −11.1%) and the higher return on invested capital (16.6% vs −87.4%). Across the 19 metrics below, Yelp Inc. leads on 14 and Nextdoor Holdings, Inc. on 5.

Valuation

Metric NXDR YELP Internet Content & Information median
P/E n/m 8.57 10.24
P/S 3.48 0.68 0.87
P/B 2.33 1.55 1.32
Price to free cash flow 77.94 3.44 8.85
EV/EBITDA n/m 3.73 8.86
EV/Sales 2.13 0.68 1.15
Earnings yield (3.01%) 11.66% (1.58%)
Free cash flow yield 1.28% 29.05% 2.32%

Profitability

Metric NXDR YELP Internet Content & Information median
Gross margin 84.19% 89.65% 66.84%
Operating margin (16.62%) 11.73% (3.41%)
Net margin (11.08%) 8.59% (3.02%)
Free cash flow margin 4.47% 20.19% 1.75%
Return on equity (7.24%) 18.19% 0.00%
Return on assets (6.39%) 12.84% (0.36%)
Return on invested capital (87.38%) 16.61% 0.00%

Growth

Metric NXDR YELP Internet Content & Information median
Revenue growth (TTM) 9.79% 1.50% 2.65%
EPS growth (last fiscal year) 44.00% 19.15% —
Revenue growth, 5-year CAGR 15.88% 10.91% 9.73%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NXDR YELP Internet Content & Information median
Debt to equity 0.00 0.16 0.01
Current ratio 13.27 1.75 1.82
Net debt to EBITDA 5.78 (1.16) (0.48)

Dividend

Metric NXDR YELP Internet Content & Information median
Dividend yield — — 3.19%
Payout ratio 0.00 0.00 0.00

Size

Metric NXDR YELP Internet Content & Information median
Market cap 967.12m 996.82m 283.68m

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