Planet Labs PBC (PL) vs StandardAero, Inc. (SARO)

Planet Labs PBC and StandardAero, Inc. are both Aerospace & Defense companies. StandardAero, Inc. is the larger, with a market value of $7.4B against $6.6B — 1.1× the size. Planet Labs PBC has negative trailing earnings, so its P/E is not meaningful; StandardAero, Inc. trades at 23.0×. Planet Labs PBC grew revenue faster over the last twelve months: 44.1% against 12.6%. StandardAero, Inc. has the higher net margin (5.12% vs −95.1%) and the higher return on invested capital (7.63% vs −44.2%). Across the 18 metrics below, StandardAero, Inc. leads on 13 and Planet Labs PBC on 5.

Valuation

Metric PL SARO Aerospace & Defense median
P/E n/m 22.97 33.00
P/S 16.59 1.17 3.63
P/B 11.12 2.69 3.24
Price to free cash flow 315.77 36.15 34.01
EV/EBITDA n/m 11.92 18.69
EV/Sales 15.50 1.51 3.94
Earnings yield (6.30%) 4.35% 1.31%
Free cash flow yield 0.32% 2.77% 0.00%

Profitability

Metric PL SARO Aerospace & Defense median
Gross margin 55.42% 15.05% 25.48%
Operating margin (27.16%) 9.46% 4.54%
Net margin (95.13%) 5.12% 2.22%
Free cash flow margin 5.25% 3.24% 0.00%
Return on equity (71.97%) 12.30% 6.43%
Return on assets (33.83%) 4.86% 2.70%
Return on invested capital (44.19%) 7.63% 1.56%

Growth

Metric PL SARO Aerospace & Defense median
Revenue growth (TTM) 44.12% 12.56% 18.43%
EPS growth (last fiscal year) (90.48%) 1,975.00% —
Revenue growth, 5-year CAGR 22.15% — 9.62%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric PL SARO Aerospace & Defense median
Debt to equity 0.79 0.84 0.24
Current ratio 2.84 2.13 2.72
Net debt to EBITDA 3.64 2.53 1.12

Dividend

Metric PL SARO Aerospace & Defense median
Dividend yield — — 1.04%
Payout ratio 0.00 — 0.00

Size

Metric PL SARO Aerospace & Defense median
Market cap 6.61b 7.39b 2.52b

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