SentinelOne, Inc. (S) vs WEX Inc. (WEX)

SentinelOne, Inc. and WEX Inc. are both Software Infrastructure companies. SentinelOne, Inc. is the larger, with a market value of $8.4B against $6.3B — 1.3× the size. SentinelOne, Inc. has negative trailing earnings, so its P/E is not meaningful; WEX Inc. trades at 17.5×. SentinelOne, Inc. grew revenue faster over the last twelve months: 21.1% against 7.46%. WEX Inc. has the higher net margin (12.6% vs −31.0%) and the higher return on invested capital (0.00% vs −25.5%). Across the 19 metrics below, WEX Inc. leads on 13 and SentinelOne, Inc. on 6.

Valuation

Metric S WEX Software Infrastructure median
P/E n/m 17.53 28.02
P/S 6.96 2.22 3.07
P/B 5.28 4.60 3.36
Price to free cash flow 247.70 123.97 17.12
EV/EBITDA n/m 3.80 14.91
EV/Sales 6.38 1.42 3.03
Earnings yield (4.51%) 5.70% 0.13%
Free cash flow yield 0.40% 0.81% 1.15%

Profitability

Metric S WEX Software Infrastructure median
Gross margin 72.54% 59.61% 61.23%
Operating margin (29.46%) 25.47% 0.00%
Net margin (30.95%) 12.56% 0.00%
Free cash flow margin 2.81% 1.79% 1.67%
Return on equity (23.01%) 30.19% 0.59%
Return on assets (14.37%) 2.25% 0.00%
Return on invested capital (25.50%) 0.00% 0.00%

Growth

Metric S WEX Software Infrastructure median
Revenue growth (TTM) 21.09% 7.46% 13.41%
EPS growth (last fiscal year) (48.91%) 12.93% —
Revenue growth, 5-year CAGR 60.83% 11.27% 15.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric S WEX Software Infrastructure median
Debt to equity 0.00 2.62 0.06
Current ratio 1.45 1.04 1.55
Net debt to EBITDA 3.34 (2.49) 0.08

Dividend

Metric S WEX Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric S WEX Software Infrastructure median
Market cap 8.36b 6.32b 835.96m

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