Resideo Technologies, Inc. (REZI) vs SiteOne Landscape Supply, Inc. (SITE)

Resideo Technologies, Inc. and SiteOne Landscape Supply, Inc. are both Industrial Distribution companies. SiteOne Landscape Supply, Inc. is the larger, with a market value of $4.0B against $2.8B — 1.4× the size. Resideo Technologies, Inc. trades at the lower P/E: 7.9× against 24.8×. Resideo Technologies, Inc. grew revenue faster over the last twelve months: 3.42% against 3.28%. Resideo Technologies, Inc. has the higher net margin (4.95% vs 3.41%) and the lower return on invested capital (5.86% vs 7.13%). Across the 21 metrics below, SiteOne Landscape Supply, Inc. leads on 11 and Resideo Technologies, Inc. on 10.

Valuation

Metric REZI SITE Industrial Distribution median
P/E 7.88 24.81 28.81
P/S 0.36 0.84 1.10
P/B 1.09 2.39 3.59
Price to free cash flow n/m 15.40 22.50
EV/EBITDA 7.39 11.54 15.13
EV/Sales 0.70 0.95 1.31
Earnings yield 12.70% 4.03% 3.16%
Free cash flow yield (50.71%) 6.49% 3.85%

Profitability

Metric REZI SITE Industrial Distribution median
Gross margin 29.56% 35.13% 30.34%
Operating margin 6.89% 5.28% 8.06%
Net margin 4.95% 3.41% 4.95%
Free cash flow margin (18.28%) 5.48% 4.67%
Return on equity 16.28% 9.81% 14.29%
Return on assets 4.38% 4.75% 5.30%
Return on invested capital 5.86% 7.13% 8.13%

Growth

Metric REZI SITE Industrial Distribution median
Revenue growth (TTM) 3.42% 3.28% 7.80%
EPS growth (last fiscal year) (718.03%) 24.35% —
Revenue growth, 5-year CAGR 8.06% 11.71% 9.01%
Net income growth, 5-year CAGR 0.00% 4.59% 0.99%

Health

Metric REZI SITE Industrial Distribution median
Debt to equity 1.18 0.36 0.53
Current ratio 2.22 2.30 2.47
Net debt to EBITDA 3.12 0.78 1.17

Dividend

Metric REZI SITE Industrial Distribution median
Dividend yield — — 1.54%
Payout ratio 0.00 0.00 0.00

Size

Metric REZI SITE Industrial Distribution median
Market cap 2.78b 4.00b 5.60b

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