AleAnna Inc. (ANNA) vs San Juan Basin Royalty Trust (SJT)

AleAnna Inc. and San Juan Basin Royalty Trust are both Oil & Gas E&P companies. AleAnna Inc. and San Juan Basin Royalty Trust are of similar size ($140.8M and $130.5M). San Juan Basin Royalty Trust 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 −97.4%. AleAnna Inc. has the higher net margin (19.8% vs −71,072.7%) and the higher return on invested capital (22.6% vs −18.3%). Across the 17 metrics below, AleAnna Inc. leads on 16 and San Juan Basin Royalty Trust on 1.

Valuation

Metric ANNA SJT Oil & Gas E&P median
P/E 10.53 n/m 9.67
P/S 2.05 127,539.17 1.76
P/B 1.24 80.95 1.19
Price to free cash flow 7.96 n/m 8.37
EV/EBITDA 2.95 n/m 4.59
EV/Sales 1.20 128,394.17 2.27
Earnings yield 9.50% (0.56%) 7.55%
Free cash flow yield 12.56% 0.00% 3.98%

Profitability

Metric ANNA SJT Oil & Gas E&P median
Gross margin 79.77% 100.00% 79.54%
Operating margin 28.95% (71,072.73%) 24.01%
Net margin 19.76% (71,072.73%) 14.11%
Free cash flow margin 25.73% 0.00% 7.72%
Return on equity 13.35% (36.81%) 8.99%
Return on assets 8.00% (29.00%) 4.63%
Return on invested capital 22.56% (18.28%) 6.33%

Growth

Metric ANNA SJT Oil & Gas E&P median
Revenue growth (TTM) 554.95% (97.42%) 13.60%
EPS growth (last fiscal year) 100.91% (109.09%) (10.17%)
Revenue growth, 5-year CAGR — (73.35%) 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ANNA SJT Oil & Gas E&P median
Debt to equity 0.00 0.55 0.29
Current ratio 1.90 0.00 0.92
Net debt to EBITDA (5.40) (0.94) 0.93

Dividend

Metric ANNA SJT Oil & Gas E&P median
Dividend yield — 0.00% 3.76%
Payout ratio — — 0.33

Size

Metric ANNA SJT Oil & Gas E&P median
Market cap 130.52m 140.76m 953.29m

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