Financial Survey: EverCommerce (EVCM) versus Its Peers

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

Volatility & Risk

EverCommerce has a beta of 0.63, meaning that its share price is 37% less volatile than the S&P 500. Comparatively, EverCommerce’s competitors have a beta of 1.34, meaning that their average share price is 34% more volatile than the S&P 500.

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
EverCommerce	$598.10 million	$17.60 million	46.39
EverCommerce Competitors	$1.92 billion	$386.80 million	106.87

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.

Analyst Recommendations

This is a summary of recent recommendations for EverCommerce and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
EverCommerce	3	5	2	0	1.90
EverCommerce Competitors	5739	21501	44838	1493	2.57

EverCommerce currently has a consensus target price of $9.60, suggesting a potential upside of 14.97%. As a group, “Software” companies have a potential upside of 28.64%. Given EverCommerce’s competitors stronger consensus rating and higher possible upside, analysts clearly believe EverCommerce has less favorable growth aspects than its competitors.

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	-612.41%	21.13%	-8.86%

Insider & Institutional Ownership

97.9% of EverCommerce shares are owned by institutional investors. Comparatively, 41.8% of shares of all “Software” companies are owned by institutional investors. 10.1% of EverCommerce shares are owned by company insiders. Comparatively, 19.9% of shares of all “Software” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

EverCommerce competitors beat EverCommerce on 10 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.