WallStSmart

Sonos Inc (SONO)vsToast Inc (TOST)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Toast Inc generates 328% more annual revenue ($6.15B vs $1.44B). TOST leads profitability with a 5.6% profit margin vs -1.2%. TOST earns a higher WallStSmart Score of 65/100 (B-).

SONO

Hold

42

out of 100

Grade: D

Growth: 4.7Profit: 4.0Value: 6.7Quality: 5.0

TOST

Strong Buy

65

out of 100

Grade: B-

Growth: 9.3Profit: 6.0Value: 7.3Quality: 7.3
Piotroski: 4/9Altman Z: 3.54
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

SONOUndervalued (+42.1%)

Margin of Safety

+42.1%

Fair Value

$28.49

Current Price

$14.67

$13.82 discount

UndervaluedFair: $28.49Overvalued
TOSTUndervalued (+47.0%)

Margin of Safety

+47.0%

Fair Value

$52.92

Current Price

$28.52

$24.40 discount

UndervaluedFair: $52.92Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SONO1 strengths · Avg: 10.0/10
EPS GrowthGrowth
87.5%10/10

Earnings expanding 87.5% YoY

TOST4 strengths · Avg: 9.5/10
PEG RatioValuation
0.2410/10

Growing faster than its price suggests

EPS GrowthGrowth
228.2%10/10

Earnings expanding 228.2% YoY

Altman Z-ScoreHealth
3.5410/10

Safe zone — low bankruptcy risk

Revenue GrowthGrowth
22.0%8/10

Revenue surging 22.0% year-over-year

Areas to Watch

SONO4 concerns · Avg: 2.0/10
Market CapQuality
$1.77B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-3.9%2/10

ROE of -3.9% — below average capital efficiency

Revenue GrowthGrowth
-0.9%2/10

Revenue declined 0.9%

Profit MarginProfitability
-1.2%1/10

Currently unprofitable

TOST2 concerns · Avg: 2.5/10
Profit MarginProfitability
5.6%3/10

5.6% margin — thin

P/E RatioValuation
51.8x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : SONO

The strongest argument for SONO centers on EPS Growth.

Bull Case : TOST

The strongest argument for TOST centers on PEG Ratio, EPS Growth, Altman Z-Score. Revenue growth of 22.0% demonstrates continued momentum. PEG of 0.24 suggests the stock is reasonably priced for its growth.

Bear Case : SONO

The primary concerns for SONO are Market Cap, Return on Equity, Revenue Growth.

Bear Case : TOST

The primary concerns for TOST are Profit Margin, P/E Ratio. A P/E of 51.8x leaves little room for execution misses.

Key Dynamics to Monitor

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

SONO carries more volatility with a beta of 2.00 — expect wider price swings.

TOST is growing revenue faster at 22.0% — sustainability is the question.

TOST generates stronger free cash flow (178M), providing more financial flexibility.

Bottom Line

TOST scores higher overall (65/100 vs 42/100) and 22.0% revenue growth. SONO offers better value entry with a 42.1% margin of safety. 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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