United Parks & Resorts Inc. (PRKS) vs Peloton Interactive, Inc. (PTON)

United Parks & Resorts Inc. and Peloton Interactive, Inc. are both Leisure companies. Peloton Interactive, Inc. is the larger, with a market value of $2.1B against $1.5B — 1.4× the size. United Parks & Resorts Inc. trades at the lower P/E: 12.9× against 35.1×. Peloton Interactive, Inc. grew revenue faster over the last twelve months: −1.80% against −3.54%. United Parks & Resorts Inc. has the higher net margin (8.11% vs 2.58%) and the higher return on invested capital (12.1% vs 0.00%). Across the 20 metrics below, Peloton Interactive, Inc. leads on 12 and United Parks & Resorts Inc. on 8.

Valuation

Metric PRKS PTON Leisure median
P/E 12.94 35.14 17.42
P/S 0.94 0.85 1.02
P/B n/m n/m 2.13
Price to free cash flow 9.42 5.53 11.49
EV/EBITDA 7.60 9.60 9.97
EV/Sales 2.31 0.89 2.00
Earnings yield 7.73% 2.85% 2.85%
Free cash flow yield 10.62% 18.07% 3.64%

Profitability

Metric PRKS PTON Leisure median
Gross margin 44.51% 52.60% 48.02%
Operating margin 19.23% 6.57% 3.08%
Net margin 8.11% 2.58% 2.58%
Free cash flow margin 10.00% 15.44% 2.13%
Return on equity (26.40%) (22.84%) 0.00%
Return on assets 4.97% 3.02% 0.05%
Return on invested capital 12.06% 0.00% 3.95%

Growth

Metric PRKS PTON Leisure median
Revenue growth (TTM) (3.54%) (1.80%) 3.28%
EPS growth (last fiscal year) (19.26%) 146.67% —
Revenue growth, 5-year CAGR 30.95% (9.47%) 4.22%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PRKS PTON Leisure median
Debt to equity (3.69) (9.30) 0.02
Current ratio 0.48 2.84 1.76
Net debt to EBITDA 3.92 0.41 1.85

Dividend

Metric PRKS PTON Leisure median
Dividend yield — — 2.86%
Payout ratio 0.00 0.00 0.00

Size

Metric PRKS PTON Leisure median
Market cap 1.48b 2.10b 293.27m

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