Plum Acquisition Corp. I (NASDAQ:PLMI) & Science Applications International (NYSE:SAIC) Financial Analysis

Plum Acquisition Corp. I (NASDAQ:PLMI) and Science Applications International (NYSE:SAIC) are both computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, dividends, valuation, earnings, profitability and analyst recommendations.

Insider and Institutional Ownership

25.9% of Plum Acquisition Corp. I shares are held by institutional investors. Comparatively, 76.0% of Science Applications International shares are held by institutional investors. 71.9% of Plum Acquisition Corp. I shares are held by insiders. Comparatively, 1.3% of Science Applications International shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of current ratings for Plum Acquisition Corp. I and Science Applications International, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Plum Acquisition Corp. I	0	0	0	0	N/A
Science Applications International	1	4	0	0	1.80

Science Applications International has a consensus price target of $127.60, suggesting a potential upside of 3.59%. Given Science Applications International’s higher probable upside, analysts plainly believe Science Applications International is more favorable than Plum Acquisition Corp. I.

Valuation & Earnings

This table compares Plum Acquisition Corp. I and Science Applications International’s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Plum Acquisition Corp. I	N/A	N/A	-$30,000.00	N/A	N/A
Science Applications International	$7.44 billion	0.85	$477.00 million	$8.85	13.92

Science Applications International has higher revenue and earnings than Plum Acquisition Corp. I.

Profitability

This table compares Plum Acquisition Corp. I and Science Applications International’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Plum Acquisition Corp. I	N/A	-17.83%	-0.07%
Science Applications International	6.41%	23.73%	7.51%

Risk and Volatility

Plum Acquisition Corp. I has a beta of 0.02, meaning that its share price is 98% less volatile than the S&P 500. Comparatively, Science Applications International has a beta of 0.7, meaning that its share price is 30% less volatile than the S&P 500.

Summary

Science Applications International beats Plum Acquisition Corp. I on 8 of the 9 factors compared between the two stocks.

About Plum Acquisition Corp. I

Plum Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in San Francisco, California. Plum Acquisition Corp. I operates as a subsidiary of Plum Partners, LLC.

About Science Applications International

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces. It serves the U.S. army and navy; air force, other Department of Defense and Federal Government; joint commands and space force; federal civilian agencies; health services; and space industries. The company was formerly known as SAIC Gemini, Inc. and changed its name to Science Applications International Corporation in September 2013. Science Applications International Corporation was founded in 1969 and is headquartered in Reston, Virginia.