SmartRent, Inc. (SMRT) vs TON Strategy Company (TONX)

SmartRent, Inc. and TON Strategy Company are both Software Application companies. SmartRent, Inc. and TON Strategy Company are of similar size ($224.5M and $213.1M). TON Strategy Company grew revenue faster over the last twelve months: 641.9% against −2.78%. SmartRent, Inc. has the higher net margin (−13.0% vs −500.5%) and the lower return on invested capital (−10.6% vs −6.08%). Across the 17 metrics below, SmartRent, Inc. leads on 10 and TON Strategy Company on 7.

Valuation

Metric SMRT TONX Software Application median
P/E n/m n/m 24.79
P/S 1.51 6.56 2.67
P/B 1.02 0.52 3.01
Price to free cash flow n/m n/m 16.59
EV/EBITDA n/m n/m 14.40
EV/Sales 0.93 5.65 2.62
Earnings yield (8.40%) (58.52%) 0.00%
Free cash flow yield (2.81%) (156.21%) 1.91%

Profitability

Metric SMRT TONX Software Application median
Gross margin 36.36% 83.12% 67.03%
Operating margin (14.92%) (113.17%) 0.00%
Net margin (12.96%) (500.51%) 0.00%
Free cash flow margin (4.25%) (1,025.40%) 4.32%
Return on equity (8.45%) (76.97%) 0.00%
Return on assets (6.05%) (74.39%) 0.00%
Return on invested capital (10.64%) (6.08%) 0.00%

Growth

Metric SMRT TONX Software Application median
Revenue growth (TTM) (2.78%) 641.90% 12.40%
EPS growth (last fiscal year) (88.24%) 69.21% —
Revenue growth, 5-year CAGR 23.73% 5.10% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric SMRT TONX Software Application median
Debt to equity 0.00 0.00 0.02
Current ratio 3.80 6.39 1.55
Net debt to EBITDA 3.41 1.24 0.06

Dividend

Metric SMRT TONX Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric SMRT TONX Software Application median
Market cap 224.49m 213.13m 396.11m

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