CKX Lands, Inc. (CKX) vs Mesa Royalty Trust (MTR)

CKX Lands, Inc. and Mesa Royalty Trust are both Oil & Gas E&P companies. CKX Lands, Inc. is the larger, with a market value of $22.4M against $4.4M — 5.0× the size. CKX Lands, Inc. trades at the lower P/E: 7.6× against 12.4×. Mesa Royalty Trust grew revenue faster over the last twelve months: −3.01% against −17.1%. CKX Lands, Inc. has the higher net margin (419.8% vs 76.6%) and the higher return on invested capital (50.9% vs 20.9%). Across the 20 metrics below, CKX Lands, Inc. leads on 15 and Mesa Royalty Trust on 5.

Valuation

Metric CKX MTR Oil & Gas E&P median
P/E 7.62 12.36 10.57
P/S 32.04 9.50 1.80
P/B 1.03 1.44 1.27
Price to free cash flow 2.69 n/m 9.99
EV/EBITDA 1.41 5.61 5.08
EV/Sales 6.73 5.17 2.39
Earnings yield 13.12% 8.09% 6.06%
Free cash flow yield 37.23% 0.00% 6.17%

Profitability

Metric CKX MTR Oil & Gas E&P median
Gross margin 95.43% 100.00% 80.41%
Operating margin 478.47% 92.05% 21.39%
Net margin 419.79% 76.63% 14.17%
Free cash flow margin (14.22%) 0.00% 9.71%
Return on equity 14.43% 11.61% 10.05%
Return on assets 14.28% 11.09% 5.81%
Return on invested capital 50.86% 20.94% 6.32%

Growth

Metric CKX MTR Oil & Gas E&P median
Revenue growth (TTM) (17.06%) (3.01%) 9.94%
EPS growth (last fiscal year) 1,125.00% (8.00%) —
Revenue growth, 5-year CAGR 4.53% (6.29%) 18.67%
Net income growth, 5-year CAGR 54.73% (2.02%) 0.00%

Health

Metric CKX MTR Oil & Gas E&P median
Debt to equity 0.00 0.00 0.28
Current ratio 124.60 17.12 0.96
Net debt to EBITDA (4.94) (3.50) 0.91

Dividend

Metric CKX MTR Oil & Gas E&P median
Dividend yield — 13.28% 4.93%
Payout ratio 0.00 0.97 0.07

Size

Metric CKX MTR Oil & Gas E&P median
Market cap 22.35m 4.44m 923.59m

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