SailPoint, Inc. (SAIL) vs Zeta Global Holdings Corp. (ZETA)

SailPoint, Inc. and Zeta Global Holdings Corp. are both Software Infrastructure companies. SailPoint, Inc. is the larger, with a market value of $11.3B against $8.4B — 1.3× the size. Zeta Global Holdings Corp. grew revenue faster over the last twelve months: 35.9% against 20.1%. Zeta Global Holdings Corp. has the higher net margin (−0.14% vs −16.9%) and the higher return on invested capital (1.89% vs −2.10%). Across the 19 metrics below, Zeta Global Holdings Corp. leads on 14 and SailPoint, Inc. on 5.

Valuation

Metric SAIL ZETA Software Infrastructure median
P/E n/m n/m 28.38
P/S 9.14 4.95 2.98
P/B 1.55 8.39 2.93
Price to free cash flow 66.70 38.48 16.28
EV/EBITDA 262.20 71.05 13.92
EV/Sales 9.75 4.88 2.90
Earnings yield (1.81%) (0.06%) 0.14%
Free cash flow yield 1.50% 2.60% 1.24%

Profitability

Metric SAIL ZETA Software Infrastructure median
Gross margin 66.22% 59.48% 61.00%
Operating margin (18.92%) 1.57% 0.00%
Net margin (16.92%) (0.14%) 0.00%
Free cash flow margin 13.70% 12.86% 1.67%
Return on equity (2.88%) (0.27%) 0.60%
Return on assets (2.62%) (0.17%) 0.00%
Return on invested capital (2.10%) 1.89% 0.00%

Growth

Metric SAIL ZETA Software Infrastructure median
Revenue growth (TTM) 20.13% 35.91% 13.41%
EPS growth (last fiscal year) 95.82% 63.16% 27.10%
Revenue growth, 5-year CAGR — 28.80% 15.57%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric SAIL ZETA Software Infrastructure median
Debt to equity 0.00 0.21 0.05
Current ratio 1.23 2.38 1.55
Net debt to EBITDA 8.93 (1.58) 0.08

Dividend

Metric SAIL ZETA Software Infrastructure median
Dividend yield — — 1.20%
Payout ratio — — 0.29

Size

Metric SAIL ZETA Software Infrastructure median
Market cap 11.28b 8.42b 752.37m

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