Big Sky Industrial Inc. (BSIN) vs VOC Energy Trust (VOC)

Big Sky Industrial Inc. and VOC Energy Trust are both Oil & Gas E&P companies. Big Sky Industrial Inc. is the larger, with a market value of $81.4M against $57.5M — 1.4× the size. Big Sky Industrial Inc. has negative trailing earnings, so its P/E is not meaningful; VOC Energy Trust trades at 8.3×. VOC Energy Trust grew revenue faster over the last twelve months: −31.8% against −48.7%. VOC Energy Trust has the higher net margin (91.5% vs −155.3%) and the higher return on invested capital (0.00% vs −18.6%). Both pay a dividend; VOC Energy Trust yields more (13.0% vs 2.23%). Across the 20 metrics below, VOC Energy Trust leads on 16 and Big Sky Industrial Inc. on 4.

Valuation

Metric BSIN VOC Oil & Gas E&P median
P/E n/m 8.32 10.57
P/S 10.98 7.71 1.80
P/B 2.04 6.39 1.27
Price to free cash flow n/m n/m 9.99
EV/EBITDA n/m 7.10 5.08
EV/Sales 10.77 6.50 2.39
Earnings yield (19.44%) 12.02% 6.06%
Free cash flow yield (28.80%) 0.00% 6.17%

Profitability

Metric BSIN VOC Oil & Gas E&P median
Gross margin 34.05% 100.00% 80.41%
Operating margin (153.73%) 91.52% 21.39%
Net margin (155.30%) 91.52% 14.17%
Free cash flow margin (316.32%) 0.00% 9.71%
Return on equity (32.83%) 68.29% 10.05%
Return on assets (19.95%) 68.29% 5.81%
Return on invested capital (18.63%) 0.00% 6.32%

Growth

Metric BSIN VOC Oil & Gas E&P median
Revenue growth (TTM) (48.74%) (31.76%) 9.94%
EPS growth (last fiscal year) 55.21% (39.73%) —
Revenue growth, 5-year CAGR 25.84% 11.48% 18.67%
Net income growth, 5-year CAGR 0.00% 14.09% 0.00%

Health

Metric BSIN VOC Oil & Gas E&P median
Debt to equity 0.12 0.00 0.28
Current ratio 1.21 0.00 0.96
Net debt to EBITDA (0.18) (1.41) 0.91

Dividend

Metric BSIN VOC Oil & Gas E&P median
Dividend yield 2.23% 12.95% 4.93%
Payout ratio 0.00 1.00 0.07

Size

Metric BSIN VOC Oil & Gas E&P median
Market cap 81.36m 57.46m 923.59m

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