BKV Corporation (BKV) vs Talos Energy Inc. (TALO)

BKV Corporation and Talos Energy Inc. are both Oil & Gas E&P companies. Talos Energy Inc. is the larger, with a market value of $2.5B against $2.0B — 1.2× the size. Talos Energy Inc. has negative trailing earnings, so its P/E is not meaningful; BKV Corporation trades at 6.6×. BKV Corporation grew revenue faster over the last twelve months: 29.7% against 13.5%. BKV Corporation has the higher net margin (14.9% vs −18.4%) and the higher return on invested capital (8.14% vs −0.18%). Across the 18 metrics below, BKV Corporation leads on 12 and Talos Energy Inc. on 6.

Valuation

Metric BKV TALO Oil & Gas E&P median
P/E 6.64 n/m 9.67
P/S 1.12 1.16 1.76
P/B 0.84 1.28 1.19
Price to free cash flow n/m 5.23 8.37
EV/EBITDA 4.69 4.08 4.59
EV/Sales 1.72 1.64 2.27
Earnings yield 15.07% (15.50%) 7.55%
Free cash flow yield (29.51%) 19.11% 3.98%

Profitability

Metric BKV TALO Oil & Gas E&P median
Gross margin 57.77% 100.00% 79.54%
Operating margin 25.08% (0.39%) 24.01%
Net margin 14.85% (18.37%) 14.11%
Free cash flow margin (32.96%) 22.79% 7.72%
Return on equity 13.46% (18.08%) 8.99%
Return on assets 8.15% (6.85%) 4.63%
Return on invested capital 8.14% (0.18%) 6.33%

Growth

Metric BKV TALO Oil & Gas E&P median
Revenue growth (TTM) 29.65% 13.47% 13.60%
EPS growth (last fiscal year) 199.00% (540.91%) (10.17%)
Revenue growth, 5-year CAGR — 25.32% 18.67%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric BKV TALO Oil & Gas E&P median
Debt to equity 0.53 0.72 0.29
Current ratio 1.15 1.15 0.92
Net debt to EBITDA 1.74 1.37 0.93

Dividend

Metric BKV TALO Oil & Gas E&P median
Dividend yield — — 3.76%
Payout ratio — — 0.33

Size

Metric BKV TALO Oil & Gas E&P median
Market cap 1.98b 2.45b 953.29m

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