i3 Verticals, Inc. Experiences Revision in Its Stock Evaluation Amid Mixed Performance

i3 Verticals, Inc., a microcap player in the software products industry, has recently undergone a valuation adjustment reflecting its current market standing. The company's financial metrics reveal a P/E ratio that indicates it is loss-making, with a price-to-book value of 2.14. Other key indicators include an EV to EBIT ratio of 74.70 and an EV to EBITDA ratio of 20.20, suggesting a significant valuation relative to earnings. The company's return on capital employed (ROCE) stands at 2.84%, while its return on equity (ROE) is reported at -0.33%.
In comparison to its peers, i3 Verticals shows a higher P/E ratio of 86.60, which contrasts sharply with companies like Weave Communications, Digital Turbine, and Health Catalyst, all of which are categorized as having riskier valuations. Notably, Gambling.com Group Ltd. stands out as more attractive within this group, with a P/E ratio of 7.51.

The stock's performance has been mixed, with a year-to-date return of 27.99%, outpacing the S&P 500's 14.40% during the same period. However, over longer time frames, such as three and five years, i3 Verticals has lagged behind the broader market index.