Perion Network Ltd (PERI) vs ZipRecruiter, Inc. (ZIP)

Perion Network Ltd and ZipRecruiter, Inc. are both Internet Content & Information companies. ZipRecruiter, Inc. is the larger, with a market value of $398.8M against $357.9M — 1.1× the size. Perion Network Ltd has negative trailing earnings, so its P/E is not meaningful; ZipRecruiter, Inc. trades at 12.6×. Perion Network Ltd grew revenue faster over the last twelve months: 2.86% against 0.41%. ZipRecruiter, Inc. has the higher net margin (6.20% vs −2.95%) and the higher return on invested capital (2.14% vs −3.19%). Across the 19 metrics below, Perion Network Ltd leads on 10 and ZipRecruiter, Inc. on 9.

Valuation

Metric PERI ZIP Internet Content & Information median
P/E n/m 12.60 11.54
P/S 0.74 0.80 0.86
P/B 0.52 n/m 1.20
Price to free cash flow 9.12 23.91 9.63
EV/EBITDA 61.58 32.38 8.68
EV/Sales 0.17 0.97 1.18
Earnings yield (3.89%) 7.94% (2.42%)
Free cash flow yield 10.97% 4.18% 2.27%

Profitability

Metric PERI ZIP Internet Content & Information median
Gross margin 88.57% 89.12% 66.84%
Operating margin (4.14%) 0.35% (3.41%)
Net margin (2.95%) 6.20% (3.02%)
Free cash flow margin 8.13% 3.33% 1.75%
Return on equity (1.96%) (56.24%) 0.00%
Return on assets (1.46%) 6.14% (0.36%)
Return on invested capital (3.19%) 2.14% 0.00%

Growth

Metric PERI ZIP Internet Content & Information median
Revenue growth (TTM) 2.86% 0.41% 2.65%
EPS growth (last fiscal year) (176.00%) (184.62%) 34.45%
Revenue growth, 5-year CAGR 6.04% 1.43% 9.73%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PERI ZIP Internet Content & Information median
Debt to equity 0.00 (7.49) 0.01
Current ratio 2.53 3.03 1.82
Net debt to EBITDA (137.89) (19.67) (0.48)

Dividend

Metric PERI ZIP Internet Content & Information median
Dividend yield — — 1.07%
Payout ratio — — 0.28

Size

Metric PERI ZIP Internet Content & Information median
Market cap 357.91m 398.80m 318.52m

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