Aspen Aerogels, Inc. (ASPN) vs Montauk Renewables, Inc. (MNTK)

Aspen Aerogels, Inc. and Montauk Renewables, Inc. are both Specialty Chemicals companies. Aspen Aerogels, Inc. is the larger, with a market value of $428.2M against $343.0M — 1.2× the size. Aspen Aerogels, Inc. has negative trailing earnings, so its P/E is not meaningful; Montauk Renewables, Inc. trades at 38.8×. Montauk Renewables, Inc. grew revenue faster over the last twelve months: 4.28% against −39.3%. Montauk Renewables, Inc. has the higher net margin (4.19% vs −60.8%) and the higher return on invested capital (0.18% vs −131.5%). Across the 19 metrics below, Montauk Renewables, Inc. leads on 11 and Aspen Aerogels, Inc. on 8.

Valuation

Metric ASPN MNTK Specialty Chemicals median
P/E n/m 38.80 24.46
P/S 1.98 1.81 1.64
P/B 2.30 1.29 1.88
Price to free cash flow 14.68 n/m 19.15
EV/EBITDA n/m 13.78 12.87
EV/Sales 1.73 2.53 1.88
Earnings yield (30.98%) 2.58% 2.42%
Free cash flow yield 6.81% (24.34%) 2.25%

Profitability

Metric ASPN MNTK Specialty Chemicals median
Gross margin 2.42% 100.00% 27.84%
Operating margin (59.33%) 0.59% 5.64%
Net margin (60.81%) 4.19% 4.19%
Free cash flow margin 13.47% (44.07%) 3.49%
Return on equity (53.16%) 3.05% 2.34%
Return on assets (29.43%) 1.86% 0.45%
Return on invested capital (131.54%) 0.18% 3.21%

Growth

Metric ASPN MNTK Specialty Chemicals median
Revenue growth (TTM) (39.28%) 4.28% 6.39%
EPS growth (last fiscal year) (2,882.35%) (85.71%) (9.77%)
Revenue growth, 5-year CAGR 22.01% 11.93% 6.33%
Net income growth, 5-year CAGR 0.00% (17.61%) 0.00%

Health

Metric ASPN MNTK Specialty Chemicals median
Debt to equity 0.12 0.57 0.59
Current ratio 2.10 0.62 2.28
Net debt to EBITDA 0.16 3.36 2.03

Dividend

Metric ASPN MNTK Specialty Chemicals median
Dividend yield — — 1.80%
Payout ratio — — 0.40

Size

Metric ASPN MNTK Specialty Chemicals median
Market cap 428.23m 343.04m 2.08b

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