WallStSmart

Sonos Inc (SONO)vsToast Inc (TOST)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Toast Inc generates 357% more annual revenue ($6.80B vs $1.49B). TOST leads profitability with a 7.1% profit margin vs 3.8%. SONO trades at a lower P/E of 32.3x. TOST earns a higher WallStSmart Score of 68/100 (B-).

SONO

Hold

48

out of 100

Grade: D+

Growth: 6.0Profit: 4.5Value: 3.7Quality: 7.0
Piotroski: 3/9Altman Z: 2.04

TOST

Strong Buy

68

out of 100

Grade: B-

Growth: 9.3Profit: 6.5Value: 7.3Quality: 7.3
Piotroski: 4/9Altman Z: 3.65
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

SONOSignificantly Overvalued (-31.9%)

Margin of Safety

-31.9%

Fair Value

$12.51

Current Price

$15.12

$2.61 premium

UndervaluedFair: $12.51Overvalued
TOSTUndervalued (+24.8%)

Margin of Safety

+24.8%

Fair Value

$37.27

Current Price

$32.12

$5.15 discount

UndervaluedFair: $37.27Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SONO2 strengths · Avg: 9.5/10
EPS GrowthGrowth
87.5%10/10

Earnings expanding 87.5% YoY

Debt/EquityHealth
0.129/10

Conservative balance sheet, low leverage

TOST5 strengths · Avg: 9.4/10
PEG RatioValuation
0.2510/10

Growing faster than its price suggests

EPS GrowthGrowth
100.0%10/10

Earnings expanding 100.0% YoY

Altman Z-ScoreHealth
3.6510/10

Safe zone — low bankruptcy risk

Return on EquityProfitability
23.8%9/10

Every $100 of equity generates 24 in profit

Revenue GrowthGrowth
23.1%8/10

Revenue surging 23.1% year-over-year

Areas to Watch

SONO4 concerns · Avg: 3.3/10
P/E RatioValuation
32.3x4/10

Premium valuation, high expectations priced in

Market CapQuality
$1.72B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
6.2%3/10

ROE of 6.2% — below average capital efficiency

Profit MarginProfitability
3.8%3/10

3.8% margin — thin

TOST3 concerns · Avg: 3.0/10
Price/BookValuation
9.4x4/10

Trading at 9.4x book value

Profit MarginProfitability
7.1%3/10

7.1% margin — thin

P/E RatioValuation
43.0x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : SONO

The strongest argument for SONO centers on EPS Growth, Debt/Equity.

Bull Case : TOST

The strongest argument for TOST centers on PEG Ratio, EPS Growth, Altman Z-Score. Revenue growth of 23.1% demonstrates continued momentum. PEG of 0.25 suggests the stock is reasonably priced for its growth.

Bear Case : SONO

The primary concerns for SONO are P/E Ratio, Market Cap, Return on Equity. Thin 3.8% margins leave little buffer for downturns.

Bear Case : TOST

The primary concerns for TOST are Price/Book, Profit Margin, P/E Ratio. A P/E of 43.0x leaves little room for execution misses.

Key Dynamics to Monitor

SONO profiles as a value stock while TOST is a growth play — different risk/reward profiles.

SONO carries more volatility with a beta of 1.94 — expect wider price swings.

TOST is growing revenue faster at 23.1% — sustainability is the question.

TOST generates stronger free cash flow (130M), providing more financial flexibility.

Bottom Line

TOST scores higher overall (68/100 vs 48/100) and 23.1% revenue growth. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Sonos Inc

TECHNOLOGY · CONSUMER ELECTRONICS · USA

Sonos, Inc. designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and Asia Pacific. The company is headquartered in Santa Barbara, California.

Toast Inc

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA

Toast, Inc. operates a cloud-based technology platform for the restaurant industry in the United States and Ireland. The company is headquartered in Boston, Massachusetts.

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