Stablecoin Development Corporation (SDEV) vs ZeroStack Corp. (ZSTK)

Stablecoin Development Corporation and ZeroStack Corp. are both Asset Management companies. ZeroStack Corp. is the larger, with a market value of $87.3M against $74.4M — 1.2× the size. ZeroStack Corp. has negative trailing earnings, so its P/E is not meaningful; Stablecoin Development Corporation trades at 0.1×. ZeroStack Corp. grew revenue faster over the last twelve months: 113.8% against −261.2%. ZeroStack Corp. has the higher net margin (−444.2% vs −3,133.4%) and the lower return on invested capital (−1,117.9% vs −17.8%). Across the 17 metrics below, Stablecoin Development Corporation leads on 12 and ZeroStack Corp. on 5.

Valuation

Metric SDEV ZSTK Asset Management median
P/E 0.14 n/m 14.62
P/S n/m 1.01 2.97
P/B 0.36 2.93 0.94
Price to free cash flow n/m n/m 8.93
EV/EBITDA n/m n/m 10.32
EV/Sales (2.66) 1.00 5.72
Earnings yield 707.04% (1,077.01%) 4.53%
Free cash flow yield (26.71%) (14.13%) 4.65%

Profitability

Metric SDEV ZSTK Asset Management median
Gross margin 119.00% 13.14% 100.00%
Operating margin 225.63% (592.73%) 33.03%
Net margin (3,133.35%) (444.23%) 13.53%
Free cash flow margin 80.05% (13.99%) 12.44%
Return on equity 735.37% (1,993.58%) 4.83%
Return on assets 719.28% (743.25%) 1.57%
Return on invested capital (17.82%) (1,117.92%) 3.04%

Growth

Metric SDEV ZSTK Asset Management median
Revenue growth (TTM) (261.17%) 113.78% 6.97%
EPS growth (last fiscal year) 69.96% 14.36% —
Revenue growth, 5-year CAGR 8.19% 220.19% 12.13%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric SDEV ZSTK Asset Management median
Debt to equity 0.00 0.17 0.42
Current ratio 29.98 0.95 1.28
Net debt to EBITDA 0.97 (0.31) 1.06

Dividend

Metric SDEV ZSTK Asset Management median
Dividend yield — — 6.92%
Payout ratio 0.00 0.00 0.77

Size

Metric SDEV ZSTK Asset Management median
Market cap 74.40m 87.28m 721.34m

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