Barnwell Industries, Inc. (BRN) vs Mesa Royalty Trust (MTR)
Barnwell Industries, Inc. and Mesa Royalty Trust are both Oil & Gas E&P companies. Barnwell Industries, Inc. is the larger, with a market value of $14.0M against $4.4M — 3.2× the size. Barnwell Industries, Inc. has negative trailing earnings, so its P/E is not meaningful; Mesa Royalty Trust trades at 12.4×. Mesa Royalty Trust grew revenue faster over the last twelve months: −3.01% against −13.2%. Mesa Royalty Trust has the higher net margin (76.6% vs −46.7%) and the higher return on invested capital (20.9% vs −74.5%). Both pay a dividend; Mesa Royalty Trust yields more (13.3% vs 1.87%). Across the 19 metrics below, Mesa Royalty Trust leads on 15 and Barnwell Industries, Inc. on 4.
Valuation
Profitability
| Metric | BRN | MTR | Oil & Gas E&P median |
|---|---|---|---|
| Gross margin | 28.37% | 100.00% | 80.41% |
| Operating margin | (45.66%) | 92.05% | 21.39% |
| Net margin | (46.69%) | 76.63% | 14.17% |
| Free cash flow margin | (14.22%) | 0.00% | 9.71% |
| Return on equity | (62.16%) | 11.61% | 10.05% |
| Return on assets | (24.07%) | 11.09% | 5.81% |
| Return on invested capital | (74.45%) | 20.94% | 6.32% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack