Atlas Energy Solutions Inc. (AESI) vs Hornbeck Offshore Services Inc (HOS)

Atlas Energy Solutions Inc. and Hornbeck Offshore Services Inc are both Oil & Gas Equipment & Services companies. Hornbeck Offshore Services Inc is the larger, with a market value of $1.5B against $1.3B — 1.2× the size. Atlas Energy Solutions Inc. has negative trailing earnings, so its P/E is not meaningful; Hornbeck Offshore Services Inc trades at 25.4×. Hornbeck Offshore Services Inc grew revenue faster over the last twelve months: 10.3% against −8.11%. Hornbeck Offshore Services Inc has the higher net margin (2.93% vs −11.1%) and the higher return on invested capital (3.71% vs −2.82%). Across the 20 metrics below, Hornbeck Offshore Services Inc leads on 18 and Atlas Energy Solutions Inc. on 2.

Valuation

Metric AESI HOS Oil & Gas Equipment & Services median
P/E n/m 25.37 22.50
P/S 1.15 0.75 1.17
P/B 1.10 0.64 1.82
Price to free cash flow n/m 4.28 13.72
EV/EBITDA 16.64 2.49 8.68
EV/Sales 1.95 0.49 1.34
Earnings yield (9.65%) 3.94% 3.94%
Free cash flow yield (14.52%) 23.34% 5.66%

Profitability

Metric AESI HOS Oil & Gas Equipment & Services median
Gross margin 23.41% 13.53% 23.26%
Operating margin (8.28%) 5.42% 9.34%
Net margin (11.08%) 2.93% 4.69%
Free cash flow margin (16.71%) 17.39% 5.35%
Return on equity (9.93%) 2.52% 4.92%
Return on assets (4.93%) 1.51% 2.37%
Return on invested capital (2.82%) 3.71% 4.32%

Growth

Metric AESI HOS Oil & Gas Equipment & Services median
Revenue growth (TTM) (8.11%) 10.30% 6.08%
EPS growth (last fiscal year) (174.55%) (41.67%) (13.00%)
Revenue growth, 5-year CAGR 57.85% 11.98% 14.44%
Net income growth, 5-year CAGR 0.00% 9.44% 0.00%

Health

Metric AESI HOS Oil & Gas Equipment & Services median
Debt to equity 0.91 0.19 0.46
Current ratio 1.82 3.47 2.07
Net debt to EBITDA 3.06 (0.54) 0.75

Dividend

Metric AESI HOS Oil & Gas Equipment & Services median
Dividend yield 0.00% — 1.51%
Payout ratio — — 0.38

Size

Metric AESI HOS Oil & Gas Equipment & Services median
Market cap 1.29b 1.49b 1.63b

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