Brooge Energy Limited (BROGF) vs Toro Corp. (TORO)

Brooge Energy Limited and Toro Corp. are both Oil & Gas Midstream companies. Brooge Energy Limited is the larger, with a market value of $284.9M against $184.6M — 1.5× the size. Brooge Energy Limited has negative trailing earnings, so its P/E is not meaningful; Toro Corp. trades at 131×. Brooge Energy Limited has the higher net margin (51.8% vs 1.55%) and the higher return on invested capital (0.00% vs −2.54%). Across the 15 metrics below, Brooge Energy Limited leads on 11 and Toro Corp. on 4.

Valuation

Metric BROGF TORO Oil & Gas Midstream median
P/E n/m 130.75 13.19
P/S n/m 5.93 2.60
P/B n/m 0.66 2.08
Price to free cash flow n/m n/m 10.14
EV/EBITDA 2.95 80.28 8.11
EV/Sales 2.03 2.38 3.89
Earnings yield 0.00% 0.76% 6.83%
Free cash flow yield 0.00% (29.16%) 6.94%

Profitability

Metric BROGF TORO Oil & Gas Midstream median
Gross margin 71.97% 53.03% 58.81%
Operating margin 0.00% (21.05%) 32.14%
Net margin 51.82% 1.55% 21.16%
Free cash flow margin 63.13% (172.97%) 10.15%
Return on equity 47.79% 0.17% 11.30%
Return on assets 15.51% 0.10% 5.00%
Return on invested capital 0.00% (2.54%) 6.13%

Growth

Metric BROGF TORO Oil & Gas Midstream median
Revenue growth (TTM) — (0.04%) 15.44%
EPS growth (last fiscal year) 6.90% (92.66%) —
Revenue growth, 5-year CAGR — — 8.96%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric BROGF TORO Oil & Gas Midstream median
Debt to equity 1.83 0.00 0.78
Current ratio 0.11 22.23 1.19
Net debt to EBITDA 4.68 (305.33) 3.42

Dividend

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

Size

Metric BROGF TORO Oil & Gas Midstream median
Market cap 284.93m 184.55m 3.61b

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