Central Puerto S.A. Sponsored ADR (CEPU) vs Terrestrial Energy Inc. (IMSR)

Central Puerto S.A. Sponsored ADR and Terrestrial Energy Inc. are both Utilities Regulated Electric companies. Central Puerto S.A. Sponsored ADR is the larger, with a market value of $2.0B against $464.0M — 4.3× the size. Terrestrial Energy Inc. has negative trailing earnings, so its P/E is not meaningful; Central Puerto S.A. Sponsored ADR trades at 4.9×. Central Puerto S.A. Sponsored ADR has the higher net margin (34.9% vs 0.00%) and the higher return on invested capital (9.25% vs −296.3%). Across the 13 metrics below, Central Puerto S.A. Sponsored ADR leads on 11 and Terrestrial Energy Inc. on 2.

Valuation

Metric CEPU IMSR Utilities Regulated Electric median
P/E 4.85 n/m 18.84
P/S 1.68 n/m 2.52
P/B 0.92 1.62 1.63
Price to free cash flow 173.22 n/m 36.22
EV/EBITDA 4.89 n/m 11.82
EV/Sales 2.11 n/m 4.58
Earnings yield 20.61% (8.89%) 5.30%
Free cash flow yield 0.58% (5.71%) (5.06%)

Profitability

Metric CEPU IMSR Utilities Regulated Electric median
Gross margin 33.93% — 66.28%
Operating margin 33.40% 0.00% 21.79%
Net margin 34.86% 0.00% 12.94%
Free cash flow margin 0.97% 0.00% (11.51%)
Return on equity 20.12% (26.46%) 9.75%
Return on assets 13.21% (13.36%) 2.75%
Return on invested capital 9.25% (296.34%) 3.87%

Growth

Metric CEPU IMSR Utilities Regulated Electric median
Revenue growth (TTM) 37.17% — 7.43%
EPS growth (last fiscal year) 372.22% (105.16%) —
Revenue growth, 5-year CAGR 10.16% — 6.75%
Net income growth, 5-year CAGR 23.14% — 6.44%

Health

Metric CEPU IMSR Utilities Regulated Electric median
Debt to equity 0.33 0.00 1.53
Current ratio 1.28 44.53 0.81
Net debt to EBITDA 0.29 13.60 5.25

Dividend

Metric CEPU IMSR Utilities Regulated Electric median
Dividend yield 0.24% — 4.33%
Payout ratio 0.23 — 0.66

Size

Metric CEPU IMSR Utilities Regulated Electric median
Market cap 2.01b 464.02m 22.90b

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