SST
System1, Inc.
SST trails on the overall score without a compensating advantage in the available component scores.
VRT
Vertiv Holdings Co
VRT has the edge over SST overall, supported by stronger fundamentals and stronger valuation.
SST Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Weak | |
| Unavailable |
SST's revenue, profitability and cash flow are currently weak. There isn't enough data to rate its balance sheet.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
SST PE Valuation
SST has no meaningful PE right now: it lost money over the past year.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT's PE is in its cheap range at 39x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
SST Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong decline | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect SST's losses to shrink, with revenue declining.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
VRT has the edge over SST on the outlook, with more favorable revenue expectations.
SST Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$15.12 | -$6.59 |
| Q2 2026 | -$11.35 | -$1.72 |
| Q1 2026 | -$12.04 | -$0.84 |
| Q4 2025 | -$8.32 | +$2.38 |
| Q3 2025 | -$8.53 | +$3.57 |
| Q2 2025 | -$9.63 | +$13.07 |
| Q1 2025 | -$11.20 | +$11.50 |
| Q4 2024 | -$10.70 | +$14.10 |
SST is still losing money, but far less than before: $15.12 per share over the past year, against $37.70 at its worst in late 2022.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over SST on earnings quality, reporting a profit while its opponent remains loss making.
SST Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $26M | -58% |
| Q2 2026 | $30.2M | -61% |
| Q1 2026 | $37.2M | -50% |
| Q4 2025 | $51.9M | -31% |
| Q3 2025 | $61.6M | -31% |
| Q2 2025 | $78.1M | -17% |
| Q1 2025 | $74.5M | -12% |
| Q4 2024 | $75.6M | -21% |
SST's revenue has slid since its 2022 peak: $26M last quarter, down 58% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -281% | -256 points |
| Q2 2026 | -27% | -7.1 points |
| Q1 2026 | -137% | -119 points |
| Q4 2025 | -34% | -18 points |
| Q3 2025 | -25% | -0.7 points |
| Q2 2025 | -20% | +10 points |
| Q1 2025 | -18% | +13 points |
| Q4 2024 | -16% | +3.5 points |
SST's operating margin was −281% last quarter, down 256 points from the same quarter a year ago, near the bottom of its range since 2022.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over SST on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over SST on profitability, with a higher operating margin.
SST Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2M | +$4.1M |
| Q2 2026 | -$2M | -108% |
| Q1 2026 | -$26.1M | -$10.1M |
| Q4 2025 | -$10.6M | -1478% |
| Q3 2025 | -$2.1M | -$2M |
| Q2 2025 | $24.5M | +146% |
| Q1 2025 | -$16M | -$8K |
| Q4 2024 | $772K | +$19.9M |
SST has burned cash in most quarters: −$37M over the past year, against $7M the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over SST on cash generation, producing positive trailing cash flow while its opponent burns cash.
SST Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.9% | +403K shares |
| 1 year | +9.6% | +747K shares |
| 3 years | -7.3% | -679K shares |
| 5 years | +466% | +7.1M shares |
SST has 9M diluted shares, up 9.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2026 | $202,000 |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has the edge over SST on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
SST Net Leverage
SST's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has more cash than debt.
SST Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.9 | Neutral |
| Stochastic | 2.5 | Oversold |
SST's weekly RSI is 40 (neutral) and its Stochastic is 3 (oversold).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
SST PE vs Industrials Sector
SST has no meaningful PE right now: it lost money over the past year.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
SST Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.11 | 21% below |
| 20 week MA | $2.29 | 27% below |
| 50 week MA | $2.99 | 44% below |
| 100 week MA | $4.46 | 63% below |
| 200 week MA | $13.2 | 87% below |
SST is in a downtrend: it's below all five of its weekly moving averages, and 87% below its 200-week average.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has the edge over SST on trend strength, trading above more of its moving averages.
SST Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $100.2 | $111.0 | +11% |
| 2021 | $111.0 | $99.2 | -11% |
| 2022 | $99.2 | $43.7 | -56% |
| 2023 | $43.7 | $22.2 | -49% |
| 2024 | $22.2 | $8.41 | -62% |
| 2025 | $8.41 | $4.61 | -45% |
| 2026 YTD | $4.61 | $1.67 | -64% |
SST has finished five years in a row lower, and it's down 64% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over SST on returns for 2026, with the stronger performance.