Financial Survey: EverCommerce (EVCM) and Its Peers

EverCommerce (NASDAQ:EVCM) is one of 953 publicly-traded companies in the “Software” industry, but how does it compare to its competitors? We will compare EverCommerce to similar companies based on the strength of its valuation, dividends, institutional ownership, earnings, risk, profitability and analyst recommendations.

Profitability

This table compares EverCommerce and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
EverCommerce	5.69%	3.95%	2.06%
EverCommerce Competitors	-612.70%	20.86%	-8.99%

Volatility and Risk

EverCommerce has a beta of 0.63, suggesting that its share price is 37% less volatile than the S&P 500. Comparatively, EverCommerce’s competitors have a beta of 1.19, suggesting that their average share price is 19% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings and price targets for EverCommerce and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
EverCommerce	2	5	3	0	2.10
EverCommerce Competitors	5725	21440	44722	1492	2.57

EverCommerce currently has a consensus price target of $11.00, indicating a potential upside of 31.74%. As a group, “Software” companies have a potential upside of 27.79%. Given EverCommerce’s higher probable upside, equities research analysts plainly believe EverCommerce is more favorable than its competitors.

Insider and Institutional Ownership

97.9% of EverCommerce shares are owned by institutional investors. Comparatively, 42.0% of shares of all “Software” companies are owned by institutional investors. 10.1% of EverCommerce shares are owned by company insiders. Comparatively, 19.8% of shares of all “Software” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares EverCommerce and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
EverCommerce	$588.91 million	$17.60 million	46.39
EverCommerce Competitors	$1.80 billion	$385.91 million	110.32

EverCommerce’s competitors have higher revenue and earnings than EverCommerce. EverCommerce is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

EverCommerce competitors beat EverCommerce on 9 of the 13 factors compared.

About EverCommerce

EverCommerce Inc., together with its subsidiaries, provides integrated software-as-a-service solutions for service-based small and medium sized businesses in the United States and internationally. The company’s solutions include business management software that offers route-based dispatching, medical practice management, and gym member management solutions; billing and payment solutions comprising e-invoicing, mobile payments, and integrated payment processing; customer experience solution, which include reputation management and messaging solutions; and marketing technology solutions that cover websites, hosting, and digital lead generation. It also provides EverPro suite of solutions in home services; EverHealth suite of solutions within health services; and EverWell suite of solutions in fitness and wellness services. In addition, the company offers professional services, such as implementation, configuration, installation, or training services. It serves home service professionals, including home improvement contractors and home maintenance technicians; physician practices and therapists in the health services industry; and personal trainers and salon owners in the fitness and wellness sectors. The company was formerly known as PaySimple Holdings, Inc. and changed its name to EverCommerce Inc. in December 2020. EverCommerce Inc. was incorporated in 2016 and is headquartered in Denver, Colorado.