i3 Verticals, Inc. (IIIV) vs Simulations Plus, Inc. (SLP)

A side-by-side comparison of i3 Verticals, Inc. and Simulations Plus, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — IIIV vs SLP

growth of $100 · dividends reinvested · last 8y
IIIV -18.4% (-2.5%/yr)SLP -6.5% (-0.8%/yr)SLP compounded faster over this window
100200300400Start $1002020202220242026$82$93
IIIV SLP

IIIV vs SLP: by the numbers

  • •SLP is the larger company ($374M vs $357M market cap).
  • •IIIV trades at the lower trailing earnings multiple (42.91 vs 46.30 P/E), one valuation lens rather than an overall verdict.
  • •SLP converts more revenue to profit (9.88% vs 4.90% net margin).
  • •SLP grew revenue faster over the past five years (12.19% vs 2.25% CAGR).

Metrics side by side

Valuation

MetricIIIVSLP
P/E ratio42.9146.30
Forward P/E12.2620.33
P/S ratio1.644.56
P/B ratio1.272.69
EV / EBITDA13.7919.70
FCF yield13.97%6.54%

Profitability

MetricIIIVSLP
Gross margin55.67%63.38%
Operating margin2.46%-89.33%
Net margin4.90%9.88%
ROE3.81%5.83%
ROIC0.66%5.33%

Growth (annualized)

MetricIIIVSLP
Revenue CAGR (5Y)2.25%12.19%
FCF CAGR (5Y)-26.73%15.79%
Total return CAGR (5Y)-9.61%-13.86%

Frequently asked

Which has the lower trailing P/E, IIIV or SLP?
IIIV has the lower trailing P/E: IIIV trades at 42.91 and SLP at 46.30. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, IIIV or SLP?
Over the past five years, SLP grew revenue faster — IIIV at a 2.25% CAGR versus SLP at 12.19%.
Is IIIV or SLP more profitable?
SLP runs the higher net margin — IIIV at 4.90% versus SLP at 9.88%.
How have IIIV and SLP total returns compared?
Over the past 5 years, IIIV delivered -9.61% and SLP delivered -13.86% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.