Affirm vs Happen
AFRM and HAPN side by side, both in personal credit institutions. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How AFRM and HAPN compare
Affirm is the larger company, worth 14 times as much as Happen ($24.8B against $1.8B).
On earnings, Happen is cheaper: it trades at 8.7× trailing earnings, against 13.3× for Affirm.
Affirm grew revenue faster over the last twelve months (32.2% versus 10.0% for Happen).
Affirm keeps more of each dollar of sales as profit, with a net margin of 45.3% compared with 20.2% at Happen.
Happen scores higher on the StockData Score (8 against 7 for Affirm), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | AFRM | HAPN |
|---|---|---|
| Size and price | ||
| Market cap | $24.8B | $1.8B |
| Share price | $73.47 | $15.53 |
| Change, 1 year | 1.1% | −9.8% |
| Change, 5 years | −55.3% | −65.9% |
| Beta (5Y) | 3.35 | 1.79 |
| Employees | 2,358 | 1,075 |
| StockData Score | ||
| Total score | 7 | 8 (better) |
| Valuation score | 0 | 5 (better) |
| Growth score | 3 (better) | 1 |
| Performance score | 4 (better) | 2 |
| Health score | 0 | 0 |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 13.3× | 8.7× (better) |
| P/S | 5.8× | 1.7× (better) |
| P/B | 4.5× | 1.1× (better) |
| EV/EBITDA | 32.2× | – |
| P/FCF | 25.0× | – |
| FCF yield | 4.0% (better) | −160% |
| Fair value | $15.46 | $27.84 |
| Margin of safety | −375% | 44.2% (better) |
| Growth | ||
| Revenue growth (TTM) | 32.2% (better) | 10.0% |
| Revenue growth, 5Y average | 37.4% (better) | 25.7% |
| Net income growth (TTM) | 3598% (better) | 103% |
| EPS growth (TTM) | 3587% (better) | 103% |
| Profitability | ||
| Operating margin | 9.8% | – |
| Net margin | 45.3% (better) | 20.2% |
| FCF margin | 23.3% (better) | −275% |
| Return on equity | 45.1% (better) | 13.8% |
| Return on invested capital | 15.0% | – |
| Financial health | ||
| Interest coverage | 0.9× | – |
| Altman Z-score | 1.70 (better) | 0.17 |
| Piotroski F-score | 5 (better) | 4 |
| Dividends and buybacks | ||
| Buyback yield | 0.00% | – |
| Shareholder yield | 0.00% | 0.00% |
| Ownership | ||
| Held by institutions | 77.1% | 90.3% |
| Held by insiders | 1.4% | 2.2% |
| Insider net buying, 12 months | −$84.2M | −$9.4M (better) |
| Superinvestors holding | 2 | – |
| Short interest, % of float | 5.4% | 5.7% |
Go deeper
- AFRM stock overview
- AFRM income statement
- AFRM valuation and score
- HAPN stock overview
- HAPN income statement
- HAPN valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.