UXC EPD Comparison, you be the judge

UXC and EPD are similar style IT Services organisations both have managed services, various software, cloud and infrastructure businesses. Both companies are in market terms "Tier 2" IT services providers to the IBM's, CSC's, HP's and Accenture's of the world.

UXC's business growth was steady, Empired's has been more explosive, both have grown on the back of acquisition as well as organic growth. UXC has better presence on the East coast of Australia and probably is a little more diverse in terms of market segments they operate in. Neither management team seems to have endeared themselves to shareholders if this forum is anything to go by.

UXC was just sold (pending shareholder approval) for $450m and loose change to US based CSC. Shareholders initial reaction to the offer was that it was light on given the current trading price at time of offer was not much less than the offer from memory.

UXC was turning over approximately 5 x as much as EPD ($686m vs $128m) and EBITDA was 4 x that of EPD ( $42m vs 9.5m).

Market Cap of EPD is currently $33m! On the numbers alone EPD is very undervalued at current prices.