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

AleAnna Inc. and Pedevco Corp. are both Oil & Gas E&P companies. Pedevco Corp. is the larger, with a market value of $192.2M against $130.5M — 1.5× the size. Pedevco Corp. has negative trailing earnings, so its P/E is not meaningful; AleAnna Inc. trades at 10.5×. 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 10.53 n/m 9.67
P/S 2.05 1.66 1.76
P/B 1.24 0.97 1.19
Price to free cash flow 7.96 n/m 8.37
EV/EBITDA 2.95 5.27 4.59
EV/Sales 1.20 2.29 2.27
Earnings yield 9.50% (26.70%) 7.55%
Free cash flow yield 12.56% (2.36%) 3.98%

Profitability

Metric ANNA PED Oil & Gas E&P median
Gross margin 79.77% 100.00% 79.54%
Operating margin 28.95% 14.01% 24.01%
Net margin 19.76% (14.61%) 14.11%
Free cash flow margin 25.73% 26.74% 7.72%
Return on equity 13.35% (10.60%) 8.99%
Return on assets 8.00% (6.85%) 4.63%
Return on invested capital 22.56% 3.73% 6.33%

Growth

Metric ANNA PED Oil & Gas E&P median
Revenue growth (TTM) 554.95% 229.37% 13.60%
EPS growth (last fiscal year) 100.91% (181.67%) (10.17%)
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 0.29
Current ratio 1.90 0.78 0.92
Net debt to EBITDA (5.40) 7.91 0.93

Dividend

Metric ANNA PED Oil & Gas E&P median
Dividend yield — — 3.76%
Payout ratio — — 0.33

Size

Metric ANNA PED Oil & Gas E&P median
Market cap 130.52m 192.20m 953.29m

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