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 13 times as much as Happen ($22.9B against $1.8B).
On earnings, Happen is cheaper: it trades at 8.8× trailing earnings, against 11.8× for Affirm.
Affirm grew revenue faster over the last twelve months (32.7% versus 10.0% for Happen).
Affirm keeps more of each dollar of sales as profit, with a net margin of 43.9% 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 | $22.9B | $1.8B |
| Share price | $67.84 | $15.72 |
| Change, 1 year | −10.8% | −16.6% |
| Change, 5 years | −50.2% | −59.6% |
| Beta (5Y) | 3.33 | 1.75 |
| Employees | 2,358 | 1,075 |
| StockData Score | ||
| Total score | 7 | 8 (better) |
| Valuation score | 0 | 4 (better) |
| Growth score | 3 (better) | 2 |
| Performance score | 4 (better) | 2 |
| Health score | 0 | 0 |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 11.8× | 8.8× (better) |
| P/S | 5.0× | 1.7× (better) |
| P/B | 4.0× | 1.1× (better) |
| EV/EBITDA | 24.1× | – |
| P/FCF | 28.0× | – |
| FCF yield | 3.6% (better) | −159% |
| Fair value | $35.17 | $24.61 |
| Margin of safety | −92.9% | 36.1% (better) |
| Growth | ||
| Revenue growth (TTM) | 32.7% (better) | 10.0% |
| Revenue growth, 5Y average | 37.4% (better) | 25.7% |
| Net income growth (TTM) | 764% (better) | 103% |
| EPS growth (TTM) | 800% (better) | 103% |
| Profitability | ||
| Operating margin | 11.8% | – |
| Net margin | 43.9% (better) | 20.2% |
| FCF margin | 17.8% (better) | −275% |
| Return on equity | 44.5% (better) | 13.8% |
| Return on invested capital | 19.5% | – |
| Financial health | ||
| Interest coverage | 1.1× | – |
| Altman Z-score | 1.58 (better) | 0.17 |
| Piotroski F-score | 5 (better) | 4 |
| Dividends and buybacks | ||
| Shareholder yield | 0.00% | 0.00% |
| Ownership | ||
| Held by institutions | 77.1% | 90.5% |
| Held by insiders | 1.4% | 2.2% |
| Insider net buying, 12 months | −$89.4M | −$9.4M (better) |
| Superinvestors holding | 2 | – |
| Short interest, % of float | 5.3% | 5.9% |
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.