Resolute Holdings Management, Inc. (RHLD) vs Acuren Corporation (TIC)

Resolute Holdings Management, Inc. and Acuren Corporation are both Specialty Business Services companies. Acuren Corporation is the larger, with a market value of $1.9B against $997.0M — 1.9× the size. Acuren Corporation has negative trailing earnings, so its P/E is not meaningful; Resolute Holdings Management, Inc. trades at 22.8×. Resolute Holdings Management, Inc. grew revenue faster over the last twelve months: 159.5% against 84.6%. Resolute Holdings Management, Inc. has the higher net margin (4.21% vs −5.94%) and the higher return on invested capital (1.30% vs −0.83%). Across the 19 metrics below, Resolute Holdings Management, Inc. leads on 16 and Acuren Corporation on 3.

Valuation

Metric RHLD TIC Specialty Business Services median
P/E 22.76 n/m 23.86
P/S 0.91 0.94 1.06
P/B 0.33 0.92 2.37
Price to free cash flow 13.63 67.92 16.54
EV/EBITDA 12.99 15.72 11.51
EV/Sales 2.75 1.55 1.51
Earnings yield 4.39% (6.51%) 2.14%
Free cash flow yield 7.34% 1.47% 1.55%

Profitability

Metric RHLD TIC Specialty Business Services median
Gross margin 40.87% 33.93% 35.31%
Operating margin 9.51% (2.15%) 3.43%
Net margin 4.21% (5.94%) 1.67%
Free cash flow margin 6.66% 1.39% 3.28%
Return on equity 3.09% (7.46%) 0.58%
Return on assets 1.48% (3.74%) 0.33%
Return on invested capital 1.30% (0.83%) 0.65%

Growth

Metric RHLD TIC Specialty Business Services median
Revenue growth (TTM) 159.46% 84.56% 6.04%
EPS growth (last fiscal year) (105.34%) 39.85% —
Revenue growth, 5-year CAGR — — 7.66%
Net income growth, 5-year CAGR — — 0.00%

Health

Metric RHLD TIC Specialty Business Services median
Debt to equity 0.71 0.77 0.21
Current ratio 1.35 2.91 1.62
Net debt to EBITDA (0.14) 7.05 1.16

Dividend

Metric RHLD TIC Specialty Business Services median
Dividend yield — — 1.61%
Payout ratio — — 0.00

Size

Metric RHLD TIC Specialty Business Services median
Market cap 997.00m 1.94b 879.14m

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