ProFrac Holding Corp. (ACDC) vs ProPetro Holding Corp. (PUMP)

ProFrac Holding Corp. and ProPetro Holding Corp. are both Oil & Gas Equipment & Services companies. ProPetro Holding Corp. is the larger, with a market value of $738.4M against $493.6M — 1.5× the size. ProFrac Holding Corp. has negative trailing earnings, so its P/E is not meaningful; ProPetro Holding Corp. trades at 361×. ProFrac Holding Corp. grew revenue faster over the last twelve months: −3.30% against −6.04%. ProPetro Holding Corp. has the higher net margin (0.16% vs 0.00%) and the higher return on invested capital (0.34% vs −9.29%). Across the 19 metrics below, ProPetro Holding Corp. leads on 14 and ProFrac Holding Corp. on 5.

Valuation

Metric ACDC PUMP Oil & Gas Equipment & Services median
P/E n/m 360.84 20.53
P/S 0.26 0.60 1.08
P/B 0.79 0.75 1.64
Price to free cash flow n/m n/m 12.36
EV/EBITDA 10.75 4.76 8.00
EV/Sales 0.81 0.69 1.29
Earnings yield (79.85%) 0.28% 3.88%
Free cash flow yield (0.40%) (10.26%) 5.18%

Profitability

Metric ACDC PUMP Oil & Gas Equipment & Services median
Gross margin 21.82% 23.86% 22.88%
Operating margin (11.80%) 0.48% 7.44%
Net margin 0.00% 0.16% 4.12%
Free cash flow margin 7.01% (6.18%) 3.10%
Return on equity 0.00% 0.22% 5.46%
Return on assets 0.00% 0.12% 2.63%
Return on invested capital (9.29%) 0.34% 4.26%

Growth

Metric ACDC PUMP Oil & Gas Equipment & Services median
Revenue growth (TTM) (3.30%) (6.04%) 4.65%
EPS growth (last fiscal year) (60.87%) 100.60% (13.00%)
Revenue growth, 5-year CAGR 28.80% 9.97% 12.57%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ACDC PUMP Oil & Gas Equipment & Services median
Debt to equity 1.45 0.86 0.44
Current ratio 0.90 3.49 2.04
Net debt to EBITDA 5.15 0.15 1.12

Dividend

Metric ACDC PUMP Oil & Gas Equipment & Services median
Dividend yield — — 1.49%
Payout ratio — — 0.36

Size

Metric ACDC PUMP Oil & Gas Equipment & Services median
Market cap 493.55m 738.41m 1.44b

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