UiPath, Inc. (PATH) vs SentinelOne, Inc. (S)

UiPath, Inc. and SentinelOne, Inc. are both Software Infrastructure companies. SentinelOne, Inc. is the larger, with a market value of $8.1B against $7.2B — 1.1× the size. SentinelOne, Inc. has negative trailing earnings, so its P/E is not meaningful; UiPath, Inc. trades at 19.1×. SentinelOne, Inc. grew revenue faster over the last twelve months: 21.1% against 15.0%. UiPath, Inc. has the higher net margin (21.0% vs −31.0%) and the higher return on invested capital (14.4% vs −25.5%). Across the 18 metrics below, UiPath, Inc. leads on 16 and SentinelOne, Inc. on 2.

Valuation

Metric PATH S Software Infrastructure median
P/E 19.12 n/m 28.38
P/S 3.87 6.71 2.98
P/B 3.42 5.09 2.93
Price to free cash flow 18.34 238.85 16.28
EV/EBITDA 18.39 n/m 13.92
EV/Sales 3.12 6.13 2.90
Earnings yield 5.23% (4.68%) 0.14%
Free cash flow yield 5.45% 0.42% 1.24%

Profitability

Metric PATH S Software Infrastructure median
Gross margin 82.55% 72.54% 61.00%
Operating margin 8.89% (29.46%) 0.00%
Net margin 21.03% (30.95%) 0.00%
Free cash flow margin 21.09% 2.81% 1.67%
Return on equity 20.03% (23.01%) 0.60%
Return on assets 13.16% (14.37%) 0.00%
Return on invested capital 14.42% (25.50%) 0.00%

Growth

Metric PATH S Software Infrastructure median
Revenue growth (TTM) 14.98% 21.09% 13.41%
EPS growth (last fiscal year) 500.00% (48.91%) 27.10%
Revenue growth, 5-year CAGR 21.53% 60.83% 15.57%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PATH S Software Infrastructure median
Debt to equity 0.00 0.00 0.05
Current ratio 2.39 1.45 1.55
Net debt to EBITDA (8.52) 3.34 0.08

Dividend

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

Size

Metric PATH S Software Infrastructure median
Market cap 7.15b 8.13b 752.37m

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