PureCycle Technologies, Inc. (PCT) vs 374Water Inc. (SCWO)

PureCycle Technologies, Inc. and 374Water Inc. are both Pollution & Treatment Controls companies. PureCycle Technologies, Inc. is the larger, with a market value of $998.5M against $54.8M — 18.2× the size. 374Water Inc. has the higher net margin (−1,056.2% vs −1,775.6%) and the lower return on invested capital (−297.2% vs −19.3%). Across the 16 metrics below, 374Water Inc. leads on 10 and PureCycle Technologies, Inc. on 6.

Valuation

Metric PCT SCWO Pollution & Treatment Controls median
P/E n/m n/m —
P/S 67.20 28.04 3.64
P/B 59.66 17.75 2.08
Price to free cash flow n/m n/m —
EV/EBITDA n/m n/m 17.68
EV/Sales 85.91 28.90 4.26
Earnings yield (26.69%) (40.81%) (18.01%)
Free cash flow yield (22.95%) (21.42%) (5.86%)

Profitability

Metric PCT SCWO Pollution & Treatment Controls median
Gross margin (782.77%) 6.25% 34.73%
Operating margin (1,316.81%) (1,002.21%) (29.01%)
Net margin (1,775.62%) (1,056.18%) (31.94%)
Free cash flow margin (1,542.05%) (595.30%) (12.20%)
Return on equity (427.37%) (335.45%) (38.24%)
Return on assets (23.90%) (157.47%) (26.06%)
Return on invested capital (19.25%) (297.16%) 0.00%

Growth

Metric PCT SCWO Pollution & Treatment Controls median
Revenue growth (TTM) — 53.49% 9.79%
EPS growth (last fiscal year) 30.86% (53.33%) —
Revenue growth, 5-year CAGR — 19.95% 8.56%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PCT SCWO Pollution & Treatment Controls median
Debt to equity 1.47 0.93 0.03
Current ratio 2.60 1.67 1.90
Net debt to EBITDA (1.70) 0.12 0.30

Dividend

Metric PCT SCWO Pollution & Treatment Controls median
Dividend yield — — —
Payout ratio 0.00 — 0.00

Size

Metric PCT SCWO Pollution & Treatment Controls median
Market cap 998.50m 54.75m 48.08m

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