Riskified Ltd. (RSKD) vs Securitize Corp. (SECZ)

Riskified Ltd. and Securitize Corp. are both Software Application companies. Riskified Ltd. and Securitize Corp. are of similar size ($1.2B and $1.1B). Riskified Ltd. has negative trailing earnings, so its P/E is not meaningful; Securitize Corp. trades at 217×. Securitize Corp. has the higher net margin (0.00% vs −4.23%) and the higher return on invested capital (0.00% vs 0.00%). Across the 11 metrics below, Securitize Corp. leads on 7 and Riskified Ltd. on 4.

Valuation

Metric RSKD SECZ Software Application median
P/E n/m 216.86 25.90
P/S 3.13 n/m 3.04
P/B 5.51 n/m 2.60
Price to free cash flow 25.03 2,315.61 17.17
EV/EBITDA n/m n/m 15.48
EV/Sales 2.53 n/m 2.89
Earnings yield (1.33%) 0.46% 0.00%
Free cash flow yield 4.00% 0.04% 1.98%

Profitability

Metric RSKD SECZ Software Application median
Gross margin 51.26% — 66.89%
Operating margin (4.69%) 0.00% 0.00%
Net margin (4.23%) 0.00% 0.00%
Free cash flow margin 12.52% 0.00% 5.77%
Return on equity (5.69%) 0.00% 0.00%
Return on assets (4.01%) 0.00% 0.00%
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric RSKD SECZ Software Application median
Revenue growth (TTM) 9.63% — 12.27%
EPS growth (last fiscal year) 10.00% 106.78% 32.11%
Revenue growth, 5-year CAGR 15.22% — 14.34%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric RSKD SECZ Software Application median
Debt to equity 0.00 0.00 0.02
Current ratio 3.62 0.00 1.53
Net debt to EBITDA 16.13 0.01 0.09

Dividend

Metric RSKD SECZ Software Application median
Dividend yield — — 1.10%
Payout ratio — — 0.28

Size

Metric RSKD SECZ Software Application median
Market cap 1.10b 1.20b 487.58m

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