PagerDuty (PD) vs Riskified Ltd. (RSKD)

PagerDuty and Riskified Ltd. are both Software Application companies. PagerDuty is the larger, with a market value of $1.2B against $1.1B — 1.1× the size. Riskified Ltd. has negative trailing earnings, so its P/E is not meaningful; PagerDuty trades at 7.0×. Riskified Ltd. grew revenue faster over the last twelve months: 9.63% against 2.30%. PagerDuty has the higher net margin (37.5% vs −4.23%) and the higher return on invested capital (12.6% vs 0.00%). Across the 19 metrics below, PagerDuty leads on 16 and Riskified Ltd. on 3.

Valuation

Metric PD RSKD Software Application median
P/E 7.05 n/m 24.79
P/S 2.25 2.94 2.67
P/B 4.79 5.18 3.01
Price to free cash flow 9.47 23.52 16.59
EV/EBITDA 16.12 n/m 14.40
EV/Sales 2.22 2.34 2.62
Earnings yield 14.19% (1.41%) 0.00%
Free cash flow yield 10.56% 4.25% 1.91%

Profitability

Metric PD RSKD Software Application median
Gross margin 84.84% 51.26% 67.03%
Operating margin 6.47% (4.69%) 0.00%
Net margin 37.50% (4.23%) 0.00%
Free cash flow margin 23.74% 12.52% 4.32%
Return on equity 89.92% (5.69%) 0.00%
Return on assets 20.06% (4.01%) 0.00%
Return on invested capital 12.60% 0.00% 0.00%

Growth

Metric PD RSKD Software Application median
Revenue growth (TTM) 2.30% 9.63% 12.40%
EPS growth (last fiscal year) 416.95% 10.00% —
Revenue growth, 5-year CAGR 18.19% 15.22% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PD RSKD Software Application median
Debt to equity 1.71 0.00 0.02
Current ratio 2.02 3.62 1.55
Net debt to EBITDA (1.69) 16.13 0.06

Dividend

Metric PD RSKD Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric PD RSKD Software Application median
Market cap 1.19b 1.05b 396.11m

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