PhenixFIN Corporation (PFX) vs ZeroStack Corp. (ZSTK)

PhenixFIN Corporation and ZeroStack Corp. are both Asset Management companies. PhenixFIN Corporation and ZeroStack Corp. are of similar size ($88.8M and $87.3M). ZeroStack Corp. has negative trailing earnings, so its P/E is not meaningful; PhenixFIN Corporation trades at 18.9×. ZeroStack Corp. grew revenue faster over the last twelve months: 113.8% against 5.10%. PhenixFIN Corporation has the higher net margin (18.6% vs −444.2%) and the higher return on invested capital (3.29% vs −1,117.9%). Across the 18 metrics below, PhenixFIN Corporation leads on 11 and ZeroStack Corp. on 7.

Valuation

Metric PFX ZSTK Asset Management median
P/E 18.92 n/m 14.62
P/S 3.50 1.01 2.97
P/B 0.56 2.93 0.94
Price to free cash flow n/m n/m 8.93
EV/EBITDA 15.10 n/m 10.32
EV/Sales 9.24 1.00 5.72
Earnings yield 5.29% (1,077.01%) 4.53%
Free cash flow yield (3.40%) (14.13%) 4.65%

Profitability

Metric PFX ZSTK Asset Management median
Gross margin 100.00% 13.14% 100.00%
Operating margin 63.13% (592.73%) 33.03%
Net margin 18.55% (444.23%) 13.53%
Free cash flow margin (11.89%) (13.99%) 12.44%
Return on equity 2.97% (1,993.58%) 4.83%
Return on assets 1.52% (743.25%) 1.57%
Return on invested capital 3.29% (1,117.92%) 3.04%

Growth

Metric PFX ZSTK Asset Management median
Revenue growth (TTM) 5.10% 113.78% 6.97%
EPS growth (last fiscal year) (77.44%) 14.36% —
Revenue growth, 5-year CAGR 3.26% 220.19% 12.13%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PFX ZSTK Asset Management median
Debt to equity 0.93 0.17 0.42
Current ratio 1.34 0.95 1.28
Net debt to EBITDA 8.95 (0.31) 1.06

Dividend

Metric PFX ZSTK Asset Management median
Dividend yield — — 6.92%
Payout ratio 0.00 0.00 0.77

Size

Metric PFX ZSTK Asset Management median
Market cap 88.82m 87.28m 721.34m

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