Brooge Energy Limited (BROGF) vs Summit Midstream Partners, LP (SMC)

Brooge Energy Limited and Summit Midstream Partners, LP are both Oil & Gas Midstream companies. Summit Midstream Partners, LP is the larger, with a market value of $631.8M against $284.9M — 2.2× the size. Brooge Energy Limited has the higher net margin (51.8% vs −2.29%) and the lower return on invested capital (0.00% vs 2.59%). Across the 15 metrics below, Brooge Energy Limited leads on 9 and Summit Midstream Partners, LP on 6.

Valuation

Metric BROGF SMC Oil & Gas Midstream median
P/E n/m n/m 13.19
P/S n/m 0.73 2.60
P/B n/m 0.50 2.08
Price to free cash flow n/m 9.49 10.14
EV/EBITDA 2.95 8.01 8.11
EV/Sales 2.03 2.80 3.89
Earnings yield 0.00% (3.57%) 6.83%
Free cash flow yield 0.00% 10.54% 6.94%

Profitability

Metric BROGF SMC Oil & Gas Midstream median
Gross margin 71.97% 45.03% 58.81%
Operating margin 0.00% 15.10% 32.14%
Net margin 51.82% (2.29%) 21.16%
Free cash flow margin 63.13% 7.69% 10.15%
Return on equity 47.79% (1.57%) 11.30%
Return on assets 15.51% (0.55%) 5.00%
Return on invested capital 0.00% 2.59% 6.13%

Growth

Metric BROGF SMC Oil & Gas Midstream median
Revenue growth (TTM) — 20.94% 15.44%
EPS growth (last fiscal year) 6.90% 87.40% —
Revenue growth, 5-year CAGR — 7.95% 8.96%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BROGF SMC Oil & Gas Midstream median
Debt to equity 1.83 1.35 0.78
Current ratio 0.11 0.94 1.19
Net debt to EBITDA 4.68 5.27 3.42

Dividend

Metric BROGF SMC Oil & Gas Midstream median
Dividend yield — — 7.29%
Payout ratio 0.00 — 0.64

Size

Metric BROGF SMC Oil & Gas Midstream median
Market cap 284.93m 631.78m 3.61b

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