Pinterest, Inc. (PINS) vs Zillow Group, Inc. (Z)

Pinterest, Inc. and Zillow Group, Inc. are both Internet Content & Information companies. Pinterest, Inc. is the larger, with a market value of $11.4B against $6.8B — 1.7× the size. Zillow Group, Inc. has negative trailing earnings, so its P/E is not meaningful; Pinterest, Inc. trades at 79.5×. Pinterest, Inc. grew revenue faster over the last twelve months: 15.4% against 15.1%. Pinterest, Inc. has the higher net margin (3.81% vs −3.95%) and the higher return on invested capital (4.68% vs −2.33%). Across the 20 metrics below, Pinterest, Inc. leads on 15 and Zillow Group, Inc. on 5.

Valuation

Metric PINS Z Internet Content & Information median
P/E 79.47 n/m 12.38
P/S 2.39 2.37 0.93
P/B 3.60 1.60 1.24
Price to free cash flow 8.85 24.72 10.76
EV/EBITDA 48.97 22.71 10.74
EV/Sales 2.28 2.43 1.20
Earnings yield 1.26% (1.73%) (1.71%)
Free cash flow yield 11.30% 4.05% 4.26%

Profitability

Metric PINS Z Internet Content & Information median
Gross margin 78.97% 72.53% 63.25%
Operating margin 4.19% (5.11%) (1.87%)
Net margin 3.81% (3.95%) (1.37%)
Free cash flow margin 26.97% 9.59% 3.47%
Return on equity 4.50% (2.45%) (1.19%)
Return on assets 3.41% (2.05%) 0.00%
Return on invested capital 4.68% (2.33%) 0.00%

Growth

Metric PINS Z Internet Content & Information median
Revenue growth (TTM) 15.38% 15.10% 6.92%
EPS growth (last fiscal year) (77.15%) 118.75% 34.37%
Revenue growth, 5-year CAGR 20.06% 9.73% 10.46%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PINS Z Internet Content & Information median
Debt to equity 0.32 0.09 0.01
Current ratio 4.28 1.76 1.84
Net debt to EBITDA (7.55) (3.61) (0.53)

Dividend

Metric PINS Z Internet Content & Information median
Dividend yield — — 1.19%
Payout ratio — — 0.27

Size

Metric PINS Z Internet Content & Information median
Market cap 11.35b 6.83b 693.23m

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