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 $8.1B against $6.2B — 1.3× the size. SentinelOne, Inc. has negative trailing earnings, so its P/E is not meaningful; WEX Inc. trades at 17.9×. 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 17.86 28.38
P/S 6.71 2.26 2.98
P/B 5.09 4.69 2.93
Price to free cash flow 238.85 126.32 16.28
EV/EBITDA n/m 4.68 13.92
EV/Sales 6.13 1.74 2.90
Earnings yield (4.68%) 5.60% 0.14%
Free cash flow yield 0.42% 0.79% 1.24%

Profitability

Metric S WEX Software Infrastructure median
Gross margin 72.54% 59.61% 61.00%
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% 0.60%
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% 27.10%
Revenue growth, 5-year CAGR 60.83% 11.27% 15.57%
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 0.05
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 — — 1.20%
Payout ratio — — 0.29

Size

Metric S WEX Software Infrastructure median
Market cap 8.13b 6.17b 752.37m

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