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. San Juan Basin Royalty Trust is the larger, with a market value of $200.0M against $172.0M — 1.2× the size. San Juan Basin Royalty Trust has negative trailing earnings, so its P/E is not meaningful; AleAnna Inc. trades at 13.4×. 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 13.42 n/m 11.01
P/S 2.61 179,656.51 1.98
P/B 1.58 114.03 1.30
Price to free cash flow 10.15 n/m 10.68
EV/EBITDA 4.34 n/m 5.09
EV/Sales 1.76 180,511.51 2.63
Earnings yield 7.45% (0.40%) 5.78%
Free cash flow yield 9.85% 0.00% 4.91%

Profitability

Metric ANNA SJT Oil & Gas E&P median
Gross margin 79.77% 100.00% 80.41%
Operating margin 28.95% (71,072.73%) 21.39%
Net margin 19.76% (71,072.73%) 14.17%
Free cash flow margin 25.73% 0.00% 8.18%
Return on equity 13.35% (36.81%) 10.05%
Return on assets 8.00% (29.00%) 5.81%
Return on invested capital 22.56% (18.28%) 6.32%

Growth

Metric ANNA SJT Oil & Gas E&P median
Revenue growth (TTM) 554.95% (97.42%) 9.94%
EPS growth (last fiscal year) 100.91% (109.09%) (10.50%)
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 0.28
Current ratio 1.90 0.00 0.96
Net debt to EBITDA (5.40) (0.94) 0.89

Dividend

Metric ANNA SJT Oil & Gas E&P median
Dividend yield — 0.00% 3.29%
Payout ratio — — 0.35

Size

Metric ANNA SJT Oil & Gas E&P median
Market cap 172.03m 199.95m 1.04b

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