CKX Lands, Inc. (CKX) vs PermRock Royalty Trust (PRT)

CKX Lands, Inc. and PermRock Royalty Trust are both Oil & Gas E&P companies. CKX Lands, Inc. and PermRock Royalty Trust are of similar size ($24.5M and $22.4M). CKX Lands, Inc. trades at the lower P/E: 7.6× against 15.8×. CKX Lands, Inc. grew revenue faster over the last twelve months: −17.1% against −41.7%. CKX Lands, Inc. has the higher net margin (419.8% vs 78.4%) and the higher return on invested capital (50.9% vs 6.33%). Across the 20 metrics below, CKX Lands, Inc. leads on 14 and PermRock Royalty Trust on 6.

Valuation

Metric CKX PRT Oil & Gas E&P median
P/E 7.62 15.80 10.57
P/S 32.04 6.70 1.80
P/B 1.03 0.94 1.27
Price to free cash flow 2.69 n/m 9.99
EV/EBITDA 1.41 9.23 5.08
EV/Sales 6.73 6.33 2.39
Earnings yield 13.12% 6.33% 6.06%
Free cash flow yield 37.23% 0.00% 6.17%

Profitability

Metric CKX PRT Oil & Gas E&P median
Gross margin 95.43% 100.00% 80.41%
Operating margin 478.47% 68.56% 21.39%
Net margin 419.79% 78.37% 14.17%
Free cash flow margin (14.22%) 0.00% 9.71%
Return on equity 14.43% 5.94% 10.05%
Return on assets 14.28% 5.77% 5.81%
Return on invested capital 50.86% 6.33% 6.32%

Growth

Metric CKX PRT Oil & Gas E&P median
Revenue growth (TTM) (17.06%) (41.73%) 9.94%
EPS growth (last fiscal year) 1,125.00% (7.14%) —
Revenue growth, 5-year CAGR 4.53% 11.79% 18.67%
Net income growth, 5-year CAGR 54.73% 19.79% 0.00%

Health

Metric CKX PRT Oil & Gas E&P median
Debt to equity 0.00 0.00 0.28
Current ratio 124.60 3.70 0.96
Net debt to EBITDA (4.94) (0.26) 0.91

Dividend

Metric CKX PRT Oil & Gas E&P median
Dividend yield — 11.00% 4.93%
Payout ratio 0.00 1.00 0.07

Size

Metric CKX PRT Oil & Gas E&P median
Market cap 22.35m 24.45m 923.59m

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