SPX Technologies, Inc. (SPXC) vs Advanced Drainage Systems, Inc. (WMS)

SPX Technologies, Inc. and Advanced Drainage Systems, Inc. are both Building Products & Equipment companies. Advanced Drainage Systems, Inc. is the larger, with a market value of $9.3B against $6.9B — 1.3× the size. SPX Technologies, Inc. trades at the lower P/E: 23.3× against 23.3×. SPX Technologies, Inc. grew revenue faster over the last twelve months: 20.2% against 9.18%. Advanced Drainage Systems, Inc. has the higher net margin (12.4% vs 11.5%) and the higher return on invested capital (11.9% vs 7.14%). Across the 21 metrics below, SPX Technologies, Inc. leads on 12 and Advanced Drainage Systems, Inc. on 9.

Valuation

Metric SPXC WMS Building Products & Equipment median
P/E 23.33 23.33 23.33
P/S 2.69 2.85 2.09
P/B 2.85 5.22 2.85
Price to free cash flow 30.78 16.89 18.42
EV/EBITDA 14.27 12.37 13.29
EV/Sales 3.15 3.34 2.28
Earnings yield 4.29% 4.29% 3.04%
Free cash flow yield 3.25% 5.92% 4.26%

Profitability

Metric SPXC WMS Building Products & Equipment median
Gross margin 39.89% 38.36% 31.88%
Operating margin 16.10% 19.62% 7.18%
Net margin 11.48% 12.44% 4.11%
Free cash flow margin 8.72% 0.00% 6.41%
Return on equity 12.98% 22.36% 5.95%
Return on assets 7.19% 9.49% 3.90%
Return on invested capital 7.14% 11.90% 5.54%

Growth

Metric SPXC WMS Building Products & Equipment median
Revenue growth (TTM) 20.18% 9.18% 6.27%
EPS growth (last fiscal year) 18.08% (5.56%) (28.29%)
Revenue growth, 5-year CAGR 14.96% 9.00% 4.81%
Net income growth, 5-year CAGR 19.77% 18.13% 0.00%

Health

Metric SPXC WMS Building Products & Equipment median
Debt to equity 0.55 0.97 0.55
Current ratio 1.84 2.13 1.83
Net debt to EBITDA 0.28 1.80 1.45

Dividend

Metric SPXC WMS Building Products & Equipment median
Dividend yield — 0.62% 1.37%
Payout ratio — 0.14 0.28

Size

Metric SPXC WMS Building Products & Equipment median
Market cap 6.94b 9.25b 3.22b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack