AleAnna Inc. (ANNA) vs Pedevco Corp. (PED)

AleAnna Inc. and Pedevco Corp. are both Oil & Gas E&P companies. AleAnna Inc. and Pedevco Corp. are of similar size ($184.7M and $181.7M). Pedevco Corp. has negative trailing earnings, so its P/E is not meaningful; AleAnna Inc. trades at 14.3×. AleAnna Inc. grew revenue faster over the last twelve months: 555.0% against 229.4%. AleAnna Inc. has the higher net margin (19.8% vs −14.6%) and the higher return on invested capital (22.6% vs 3.73%). Across the 18 metrics below, AleAnna Inc. leads on 14 and Pedevco Corp. on 4.

Valuation

Metric ANNA PED Oil & Gas E&P median
P/E 14.26 n/m 10.57
P/S 2.78 1.50 1.80
P/B 1.68 0.87 1.27
Price to free cash flow 10.79 n/m 9.99
EV/EBITDA 4.74 4.90 5.08
EV/Sales 1.93 2.12 2.39
Earnings yield 7.01% (29.59%) 6.06%
Free cash flow yield 9.27% (2.61%) 6.17%

Profitability

Metric ANNA PED Oil & Gas E&P median
Gross margin 79.77% 100.00% 80.41%
Operating margin 28.95% 14.01% 21.39%
Net margin 19.76% (14.61%) 14.17%
Free cash flow margin 25.73% 26.74% 9.71%
Return on equity 13.35% (10.60%) 10.05%
Return on assets 8.00% (6.85%) 5.81%
Return on invested capital 22.56% 3.73% 6.32%

Growth

Metric ANNA PED Oil & Gas E&P median
Revenue growth (TTM) 554.95% 229.37% 9.94%
EPS growth (last fiscal year) 100.91% (181.67%) —
Revenue growth, 5-year CAGR — 41.52% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ANNA PED Oil & Gas E&P median
Debt to equity 0.00 0.42 0.28
Current ratio 1.90 0.78 0.96
Net debt to EBITDA (5.40) 7.91 0.91

Dividend

Metric ANNA PED Oil & Gas E&P median
Dividend yield — — 4.93%
Payout ratio 0.00 0.00 0.07

Size

Metric ANNA PED Oil & Gas E&P median
Market cap 184.74m 181.70m 923.59m

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